Golden Age Foundation Inc in Seal Beach, California (CA)

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Golden Age Foundation Inc
Employer Identification Number (EIN)237273105
Name of OrganizationGolden Age Foundation Inc
AddressPO BOX 2369, Seal Beach, CA 90740-1369
ActivitiesCommunity service organization, Supplying money, goods or services to the poor, Services for the aged (see also 153 ad 382)
SubsectionCharitable Organization
Ruling Date08/1973
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$482,374
Amount of Income$72,019
Form 990 Revenue Amount$72,019


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Financial snapshot ($)

Revenue for 2014

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2011201220132014
Total revenue$40,428$148,099$72,019
Contributions, gifts, grants, and similar amounts received$32,311$135,040$61,188
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$1,865$830
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$8,117$11,194$10,001
Total expenses$82,188$70,689$101,497
Total net assets$301,234$378,644$482,374
Excess/Deficit for the year$-41,760$77,410$-29,478
Net assets or fund balances at beginning of year$342,994$301,234$511,852
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$378,644$482,374
Balance Sheets
2011201220132014
Total assets$301,234$378,644$511,852$482,374
Total liabilities$0$0$0$0
Net assets or fund balances$301,234$378,644$482,374
Other Information
2011201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
2010 - 2014 Total
Public Support$633,157
Subtotal Support$633,157
Gifts, grants, contributions, and membership fees received$633,157
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$676,881
Public Support$633,157
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$38,229
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$5,495
Gross receipts from related activities, etc.$0
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