Technology Association Of Iowa Educational Foundation in Des Moines, Iowa (IA)

Organization representatives - add corrected or new information about Technology Association Of Iowa Educational Foundation »

Non-representatives - add comments about Technology Association Of Iowa Educational Foundation»

Technology Association Of Iowa Educational Foundation
Employer Identification Number (EIN)261252376
Name of OrganizationTechnology Association Of Iowa Educational Foundation
AddressCapitol Center Ii 500 East Court, Des Moines, IA 50309
SubsectionCharitable Organization
Ruling Date05/2008
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$93,283
Amount of Income$225,880
Form 990 Revenue Amount$2,000
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development


Non-representatives - add comments:


CAPTCHA

Your IP address 23.20.193.33 will be logged.

Amount of income in 2013: $225,880 (it was $132,257 in 2012)
This organization: 

 $225,880
Other organizations performing similar types of work: 

 $135,279

Assets in 2013: $93,283 (it was $50,003 in 2012)
Technology Association Of Iowa Educational Foundation: 

 $93,283
Other organizations performing similar types of work: 

 $114,906

Expenses in 2013: $182,272
This organization: 

 $182,272
Other organizations performing similar types of work: 

 $121,073

Income to expenses ratio in 2013: 1.2
Technology Association Of Iowa Educational Foundation: 

 1.2
Other organizations performing similar types of work: 

 1.4

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

 100.0%
Other organizations performing similar types of work: 

 8.8%

Financial snapshot ($)

Assets at the end of 2013

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$225,880$0$0
Contributions, gifts, grants, etc., received$225,880
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$182,272$1,790$0$180,482
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$1,900
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$182,272$1,790$180,482
Contributions, gifts, grants paid$0
Excess of revenue over expenses and disbursements$43,608
Net investment income$0
Adjusted net income$0
Balance Sheets
201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$8,824$8,824$50,003$50,003$93,283$93,283
Cash - non-interest-bearing$8,824$1,496$28,813
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$0$0$0
Investments-corporate bonds$0$0$0
Investments-mortgage loans$0$0$0
Investments-other$0$0$0
Other assets$0$0
Total liabilities$8,000$328$1
Mortgages and other notes payable$0$0$0
Other liabilities$0$0
Total liabilities and net assets/fund balances$824$49,675$93,283
Capital Gains and Losses for Tax on Investment Income
201120122013
Capital gain net income$0$0$0
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$0$0$0
Total credits and payments$0$0$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$0$0
Overpayment$0$0
Amount to be credited to next year's estimated tax$0$0$0
Statements Regarding Activities
201120122013
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?NoNoNo
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?NoNoNo
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?NoNoNo
Did any persons become substantial contributors during the tax year?NoNo
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
201120122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
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?NoNoNo
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?NoNoNo
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?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
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))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNo
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)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
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
201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$27,986$13,542$38,758
Net value of noncharitable-use assets$13,339$38,177
Minimum investment return$1,378$667$1,909
Distributable Amount
201120122013
Distributable amount$1,378$667$1,909
Undistributed Income
201120122013
Distributable amount for this year$1,378$667$1,909
Undistributed income for this year. This amount must be distributed in the next year$0$0$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 Technology Association Of Iowa Educational Foundation to others? (optional)
  
Add photo of Technology Association Of Iowa Educational 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»
Recently Added Reviews
Ankor Wat Friendship Association Inc in Des Moines, IA
*****
Child Relief Foundation Inc in Des Moines, IA
Christian Research Press Ltd in Des Moines, IA
*****
Premier Payee Inc in Des Moines, IA
**•
Mid Iowa Foster Grandparent Program in Boone, IA
Furry Friends Refuge in Urbandale, IA
*
Endure Iowa Inc in Johnston, IA
*****
Boone Community Theatre in Boone, IA
****
Missouri River Boat Club in Sioux City, IA
**
Teens Of Tomorrow Inc in Council Blfs, IA
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1West River Foundation For Economic And Community DevelopmentPO BOX 605, Sturgis, SD 57785-0605SD2000-10$1,093,865
2Vocational Development Center Inc612 S Main St, Council Blfs, IA 51503-6509IA1968-09$10,713,154
3Waterloo Development Corporation10 W 4th St Ste 310, Waterloo, IA 50701-5428IA2000-09$3,851,397
4Altoona Economic Development Corporation200 1st Ave S, Altoona, IA 50009-1704IA2010-10$651,587
5Technology Association Of Iowa Educational FoundationCapitol Center Ii 500 East Court, Des Moines, IA 50309IA2008-05$225,880
6Moulton Economic Development Association IncPo Box 52, Moulton, IA 52572IA2011-07$166,432
7Hope Community Development Association Inc5925 Council Street Ne Suite 130, Cedar Rapids, IA 52402IA2011-11$154,895
8Shelby County Developsource1901 Hawkeye Ave Ste 101, Harlan, IA 51537-2425IA2002-03$122,752
9Northwest Iowa Economic Development CorporationPO BOX 126, Sibley, IA 51249-0126IA2011-02$113,609
10Main Street Washington Inc205 W Main St, Washington, IA 52353-1722IA2013-03$97,577
11We Lead112 E 3rd St, West Liberty, IA 52776-1402IA2007-10$97,279
12Corning Community School Education Foundation904 8th St, Corning, IA 50841-1412IA2014-02$90,614
13Riverloop Association Inc225 Commercial St, Waterloo, IA 50701-1313IA2014-07$80,459
14Ogden Legacy513 W Walnut St, Ogden, IA 50212-7708IA2014-03$70,979
15Galva Economic Development Corporation1681 Market Ave, Galva, IA 51020IA2005-04$49,102
16Keokuk Vision501 Main Street, Keokuk, IA 52632IA2009-07$28,111
17Holstein Development AuthorityPO BOX 500, Holstein, IA 51025-0500IA2015-01$4,000
18Riada Inc306 Audubon St, Adair, IA 50002IA2000-02$3,299
19Asbury Area Development Corporation5080 Asbury Road, Asbury, IA 52002IA1999-11$0
20Avoca Betterment Association201 N Elm St, Avoca, IA 51521-3507IA2014-11$0
Number of organizations performing similar types of work
Alaska23
Alabama64
Arkansas29
Arizona41
California299
Colorado47
Connecticut39
District of Columbia35
Delaware8
Florida134
Georgia71
Hawaii27
Iowa63
Idaho15
Illinois108
Indiana79
Kansas46
Kentucky50
Louisiana73
Massachusetts46
Maryland54
Maine37
Michigan101
Minnesota55
Missouri99
Mississippi38
Montana36
North Carolina125
North Dakota13
Nebraska37
New Hampshire25
New Jersey61
New Mexico41
Nevada16
New York213
Ohio149
Oklahoma39
Oregon51
Pennsylvania173
Rhode Island6
South Carolina63
South Dakota34
Tennessee56
Texas168
Utah17
Virginia62
Vermont16
Washington47
Wisconsin61
West Virginia39
Wyoming14
International10
Total3,253

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Technology Association Of Iowa Educational Foundation and has no official or unofficial affiliation with Technology Association Of Iowa Educational Foundation