Wade Foundation Inc in Washington, District of Columbia (DC)

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Wade Foundation Inc
Employer Identification Number (EIN)205627098
Name of OrganizationWade Foundation Inc
Address1513 16th St Nw, Washington, DC 20036-1401
SubsectionCharitable Organization
Ruling Date11/2007
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,183
Amount of Income$4,500
Form 990 Revenue Amount$4,500
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Education (Not Elsewhere Classified)

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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$4,500
Contributions, gifts, grants, and similar amounts received$4,500
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$4,904
Total net assets$1,566
Deficit for the year$-404
Net assets or fund balances at beginning of year$1,970
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$2,183
Total liabilities$617
Net assets or fund balances$1,566
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$968,582
Gifts, grants, contributions, and membership fees received$968,582
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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