Howe Military School Alumni Association Inc in Indianapolis, Indiana (IN)

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Howe Military School Alumni Association Inc
Employer Identification Number (EIN)237175471
Name of OrganizationHowe Military School Alumni Association Inc
Address2244 Lammermoor Ln, Indianapolis, IN 46214-2279
ActivitiesGifts, grants, or loans to other organizations
SubsectionEducational Organization
Ruling Date08/1972
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 Period12/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$38,791
Amount of Income$33,070
Form 990 Revenue Amount$19,974
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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$15,151$14,284$19,974
Contributions, gifts, grants, and similar amounts received$4,303$4,246$33,069
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$4$1$1
Gain/Loss from sale of assets other than inventory$0$0$-8,202
Gross amount from sale of assets other than inventory$0$0$0
Less: cost or other basis and sales expenses$0$0$8,202
Net income/loss from gaming and fundraising events$815$2,023$0
Gross profit/loss from sales of inventory$6,731$833$-4,894
Gross sales of inventory, less returns and allowances$7,372$14,826$0
Less: cost of goods sold$641$13,993$4,894
Other revenue$3,298$7,181$0
Total expenses$11,473$16,663$0
Total net assets$20,267$18,817$38,791
Excess/Deficit for the year$3,678$-2,379$19,974
Net assets or fund balances at beginning of year$16,587$20,267$18,817
Other changes in net assets or fund balances$2$929$0
Net assets or fund balances at end of year$18,817$38,791
Balance Sheets
201120122013
Total assets$20,267$18,817$38,791
Total liabilities$0$0$0
Net assets or fund balances$20,267$18,817$38,791
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
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)
Number of organizations supported1
Sum of amounts of support$12,548

Ratings Summary

Based on 1 vote

Overall Rating:
*
1.0
Ratings in categories:
Program:
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1.0
Fundraising:
*
1.0
Expenses:
*
1.0
Transparency:
*
1.0

1 User Review:

Tyler Osenbaugh

Added on Jul 15, 2016 8:37 PM
Visited on Apr 30, 2016 7:00 PM
Program:
*
Fundraising:
*
Expenses:
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Transparency:
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Howe Military Academy Alumni Association does not provide support to Howe Military Academy as it did in the past. The organization consumes over 50% of all donations to support itself. The management is so poor that they do not provide their financials. Their last 990 long form filed was for 2013 and shows that they were 100% profitable - not a good thing for a non-profit organization. This is confirmation that they do not distribute the funds that they receive to Howe Military.
Would you recommend Howe Military School Alumni Association Inc to others? No
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