Telacu Education Fountation in Commerce, California (CA)

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Telacu Education Fountation
Employer Identification Number (EIN)954384333
Name of OrganizationTelacu Education Fountation
In Care of NameTrio Programs
Address5400 E Olympic Blvd Ste 300, Commerce, CA 90022-5187
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code
SubsectionCharitable Organization
Ruling Date05/1993
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,449,824
Amount of Income$3,246,390
Form 990 Revenue Amount$2,938,430


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$3,079,648
Contributions, Gifts, Grants and Other Similar Amounts$1,893,869
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$287
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$1,164,703
Gross income from fundraising events$1,438,950
Less: direct expenses$274,247
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$20,789
Statement of Functional Expenses (for 2012)
Total functional expenses$2,768,205
Compensation of current officers, directors, trustees, and key employees$150,000
Other salaries and wages$947,923
Payroll taxes$94,177
Professional fundraising services$0
Other$1,576,105
Balance Sheet (for 2012)
Total assets$2,374,218
Total liabilities$846,351
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$846,351
Total net assets or fund balances$1,527,867
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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