Callis Educational Fund in Chicago, Illinois (IL)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Other organizations in Illinois
| Callis Educational Fund | |
| Employer Identification Number (EIN) | 203031363 |
| Name of Organization | Callis Educational Fund |
| In Care of Name | April Jean-Baptiste |
| Address | 2537 W Pensacola Ave, Chicago, IL 60618-1511 |
| Subsection | Educational Organization |
| Ruling Date | 03/2006 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $500,000 to $999,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $856,603 |
| Amount of Income | $68,315 |
| Form 990 Revenue Amount | $33,760 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Education (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $68,315 | $32,209 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $32,209 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $36,106 | |||
| Total expenses and disbursements | $83,899 | $0 | $0 | $77,779 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $13,899 | $0 | $7,779 | |
| Contributions, gifts, grants paid | $70,000 | |||
| Excess of revenue over expenses and disbursements | $-15,584 | |||
| Net investment income | $32,209 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $856,603 | $955,021 |
| Cash - non-interest-bearing | $42,316 | |
| Investments-U.S. and state government obligations | $360,303 | |
| Investments-corporate stock | $408,570 | |
| Investments-corporate bonds | $45,414 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $856,603 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $36,106 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $322 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $322 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| 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? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| 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)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $919,041 |
| Net value of noncharitable-use assets | $905,260 |
| Minimum investment return | $45,263 |
| Distributable Amount (for 2012) | |
| Distributable amount | $44,941 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $44,941 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| 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 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $0 | $0 | $0 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $0 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $0 |
| Unrelated business taxable income | $0 |
| Unrelated business taxable income before net operating loss deduction | $0 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $0 |
| Specific deduction | $1,000 |
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| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Bowron Trust | 37 S River St, Aurora, IL 60506-4173 | IL | 1971-05 | $20,588 |
| 2 | Boys And Girls Club Of Pekin | 1101 Veerman St, Pekin, IL 61554-2441 | IL | 1960-12 | $385,241 |
| 3 | Bravehearts Theapeutic Riding And Educational Center | 3011 Sunnyside Ave, Brookfield, IL 60513-1051 | IL | 2004-04 | $981,117 |
| 4 | Breaking Free Inc | 1301 W 22nd St Ste 800, Oak Brook, IL 60523-3391 | IL | 1978-03 | $2,565,850 |
| 5 | Brickton Art Center | 306 Busse Hwy, Park Ridge, IL 60068-3251 | IL | 2002-03 | $163,737 |
| 6 | Brickton Montessori School | 8622 W Catalpa Ave, Chicago, IL 60656-1116 | IL | 1987-05 | $1,552,884 |
| 7 | Bridge Communities Inc | 505 Crescent Blvd, Glen Ellyn, IL 60137-4539 | IL | 1990-09 | $4,677,506 |
| 8 | Buckeye Foundation | PO BOX 1055, Homewood, IL 60430-0055 | IL | 1996-04 | $639,917 |
| 9 | Bulletin Of The Atomic Scientists | 1155 E 60th St, Chicago, IL 60637-2745 | IL | 1950-08 | $1,230,472 |
| 10 | C2 Foundation | 643 Walden Rd, Winnetka, IL 60093-2034 | IL | 2006-05 | $254,482 |
| 11 | Callis Educational Fund | 2537 W Pensacola Ave, Chicago, IL 60618-1511 | IL | 2006-03 | $68,315 |
| 12 | Cancer Research Foundation | PO BOX 493, Chicago, IL 60690-0493 | IL | 1956-11 | $2,371,159 |
| 13 | Caritas Hall Association | PO BOX 349, Sherman, IL 62684-0349 | IL | 1997-10 | $2,469,687 |
| 14 | Carpenter Training Center Of The Quad Cities Jatc | 479 27th St, East Moline, IL 61244-1870 | IL | 2004-07 | $470,954 |
| 15 | Cass County Council On Aging Inc | PO BOX 305, Beardstown, IL 62618-0305 | IL | 1984-12 | $161,543 |
| 16 | Catalyst Foundation | 191 N Wacker Dr Ste 1500, Chicago, IL 60606-1899 | IL | 2005-11 | $387,197 |
| 17 | Catholic Charities Of The Diocese Of Joliet | 203 N Ottawa St, Joliet, IL 60432-4006 | IL | 1946-03 | $18,117,148 |
| 18 | Catholic Press Of The Us | 205 W Monroe St Ste 470, Chicago, IL 60606-5011 | IL | 1946-03 | $620,242 |
| 19 | Centegra Health System | 385 Millennium Dr, Crystal Lake, IL 60012-3761 | IL | 1983-04 | $136,563,230 |
| 20 | Center For Tribology And Coatings | 1020 Airpark Dr, Sugar Grove, IL 60554-9585 | IL | 2005-02 | $21,060 |
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