Laynie Foundation Incorporated in Matteson, Illinois (IL)

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Laynie Foundation Incorporated
Employer Identification Number (EIN)271764213
Name of OrganizationLaynie Foundation Incorporated
In Care of NameSummer Matheson
Address4747 Lincoln Mall Drive Suite 604, Matteson, IL 60443
Websitehttp://www.layniefoundation.com
SubsectionEducational Organization
Ruling Date07/2010
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 Period2011
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$121,505
Amount of Income$203,283
Form 990 Revenue Amount$203,283
National Taxonomy of Exempt Entities (NTEE)Mental Health, Crisis Intervention: Mental Health Treatment - Multipurpose and (Not Elsewhere Classified)


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Financial snapshot ($)

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$203,283
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$203,283
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
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$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$81,778
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$7,554
Payroll taxes$0
Professional fundraising services$0
Other$74,224
Balance Sheet (for 2012)
Total assets$121,505
Total liabilities$0
Total net assets or fund balances$121,505
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:A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii)
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