G12 World Foundation in Altadena, California (CA)

Organization representatives - add corrected or new information about G12 World Foundation »

Non-representatives - add comments about G12 World Foundation»

G12 World Foundation
Employer Identification Number (EIN)461551381
Name of OrganizationG12 World Foundation
Address2509 Boulder Rd, Altadena, CA 91001-2612
SubsectionCharitable Organization, Educational Organization
Ruling Date08/2013
DeductibilityContributions are not deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$214,959
Amount of Income$50,000
Form 990 Revenue Amount$200,000
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Community Foundations


Non-representatives - add comments:


CAPTCHA

Your IP address 3.80.60.248 will be logged.

Amount of income in 2013: $50,000 (it was $200,000 in 2012)
This organization: 

 $50,000
Other organizations performing similar types of work: 

 $123,400

Assets in 2013: $214,959 (it was $199,974 in 2012)
G12 World Foundation: 

 $214,959
Other organizations performing similar types of work: 

 $188,019

Expenses in 2013: $35,015
G12 World Foundation: 

 $35,015
Other organizations performing similar types of work: 

 $82,376

Income to expenses ratio in 2013: 1.4
G12 World Foundation: 

 1.4
Other organizations performing similar types of work: 

 5.6

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 20.2%

Financial snapshot ($)

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$50,000$0$0
Contributions, gifts, grants, etc., received$50,000
Interest on savings and temporary cash investments$0
Dividends and interest from securities$0
Gross rents$0
Gross sales price for all assets$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$35,015$0$0$35,015
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$2,400
Accounting fees$2,645
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$7,015$0$7,015
Contributions, gifts, grants paid$28,000
Excess of revenue over expenses and disbursements$14,985
Net investment income$0
Adjusted net income$0
Balance Sheets
20122013
Book ValueFair Market ValueBook ValueFair Market Value
Total assets$199,974$199,974$214,959$214,959
Cash - non-interest-bearing$199,974$214,959
Investments-U.S. and state government obligations$0$0
Investments-corporate stock$0$0
Investments-corporate bonds$0$0
Investments-mortgage loans$0$0
Investments-other$0$0
Other assets$0$0
Total liabilities$0$0
Total liabilities and net assets/fund balances$199,974$214,959
Capital Gains and Losses for Tax on Investment Income
20122013
Capital gain net income$0$0
Net capital loss$0$0
Excise Tax Based on Investment Income
20122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNo
Tax based on investment income$0$0
Total credits and payments$0$0
Any penalty for underpayment of estimated tax$0$0
Tax due$0$0
Overpayment$0$0
Amount to be credited to next year's estimated tax$0$0
Statements Regarding Activities
20122013
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?NoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?NoNo
Did any persons become substantial contributors during the tax year?YesYes
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
20122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNo
Agree to pay money or property to a government official?NoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNo
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?NoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
20122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$200,000$215,828
Net value of noncharitable-use assets$197,000$212,591
Minimum investment return$567$10,630
Distributable Amount
20122013
Distributable amount$567$10,630
Undistributed Income
20122013
Distributable amount for this year$567$10,630
Undistributed income for this year. This amount must be distributed in the next year$567$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Supplementary Information (for 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$0
Dividends and interest from securities$0$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend G12 World Foundation to others? (optional)
  
Add photo of G12 World Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1The Taos Community Foundation IncPO BOX 1925, Taos, NM 87571-1925NM1998-12$4,057,729
2San Luis Obispo County Community Foundation550 Dana St, Sn Luis Obisp, CA 93401-3407CA1999-04$16,188,694
3Visalia Rotary Community Foundation3600 W Mineral King Ave Ste C, Visalia, CA 93291-5636CA1996-12$5,411,593
4Shasta Regional Community Foundation13358 Arboretum Drive, Redding, CA 96003CA1996-11$4,880,718
5Savusavu Community Foundation10682 Dorothy Cir, Villa Park, CA 92861-6350CA2004-07$4,213,357
6The Tri-Valley Community Foundation, Bankruptcy EstatePO BOX 26650, San Francisco, CA 94126-6650CA2001-05$2,933,074
7Stanislaus Community Foundation1029 16th St, Modesto, CA 95354-1105CA2002-04$2,317,517
8Troopsdirect Inc2400 Camino Ramon, San Ramon, CA 94583-4287CA2010-09$2,292,932
9Velostreet IncPO BOX 5873, Santa Rosa, CA 95402-5873CA2009-09$1,369,616
10Solano Community Foundation470 Chadbourne Rd Ste D, Fairfield, CA 94534-9619CA1996-03$1,221,864
11Zocchi Family Foundation264 Wilking Way, Sonoma, CA 95476-5737CA1999-07$1,094,837
12Wild Animals Worldwide1100 Larkspur Landing Circle, Larkspur, CA 94939-1827CA2007-07$902,979
13The Palo Alto Community FundPO BOX 50634, Palo Alto, CA 94303-0634CA1998-06$666,816
14The Jewish Community Foundation Of The WestPO BOX 660663, Sacramento, CA 95866-0663CA2000-05$661,319
15San Diego Police Officers Association Charitable Fund8388 Vickers St, San Diego, CA 92111-2109CA1990-04$580,958
16Venice Family Clinic Foundation604 Rose Ave, Venice, CA 90291-2767CA2011-01$551,204
17Barney & Barney FoundationPO BOX 85638, San Diego, CA 92186-5638CA2009-07$502,727
18Kauai Marathon7459 River Nine Dr, Modesto, CA 95356-9221CA2010-05$396,033
19Rancho Cucamonga Community & Arts FoundationPO BOX 807, Rch Cucamonga, CA 91729-0807CA1988-02$391,439
20Princess Cruises Community Foundation24305 Town Center Dr, Santa Clarita, CA 91355-1307CA2009-02$384,088
Number of organizations performing similar types of work
Alaska10
Alabama42
Arkansas20
Arizona50
California335
Colorado77
Connecticut51
District of Columbia21
Delaware7
Florida144
Georgia79
Hawaii16
Iowa86
Idaho15
Illinois129
Indiana75
Kansas52
Kentucky26
Louisiana25
Massachusetts83
Maryland76
Maine16
Michigan126
Minnesota62
Missouri48
Mississippi28
Montana45
North Carolina78
North Dakota10
Nebraska44
New Hampshire13
New Jersey99
New Mexico20
Nevada22
New York174
Ohio132
Oklahoma33
Oregon58
Pennsylvania123
Rhode Island20
South Carolina36
South Dakota9
Tennessee37
Texas194
Utah27
Virginia70
Vermont13
Washington71
Wisconsin83
West Virginia22
Wyoming12
International7
Total3,151

NonProfitFacts.com is not associated with, endorsed by, or sponsored by G12 World Foundation and has no official or unofficial affiliation with G12 World Foundation