Progeny Foundation Inc in Indianapolis, Indiana (IN)
Table of contents:
| Progeny Foundation Inc | |
| Employer Identification Number (EIN) | 262837637 |
| Name of Organization | Progeny Foundation Inc |
| In Care of Name | Brooke Deram |
| Address | 6055 N College Avenue, Indianapolis, IN 46220 |
| Website | http://www.progenyfoundation.org |
| Subsection | Charitable Organization |
| Ruling Date | 08/2009 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2012 |
| Assets | $10,000 to $24,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $15,208 |
| Amount of Income | $71,115 |
| Form 990 Revenue Amount | $61,695 |
| National Taxonomy of Exempt Entities (NTEE) | Youth Development: Youth Development Programs, Other |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |
| 2013 | |
|---|---|
| Total revenue | $61,695 |
| Contributions, gifts, grants, and similar amounts received | $4,000 |
| Program service revenue including government fees and contracts | $0 |
| Membership dues and assessments | $0 |
| Investment income | $0 |
| Gain/Loss from sale of assets other than inventory | $0 |
| Net income/loss from gaming and fundraising events | $57,695 |
| Gross income from gaming | $0 |
| Gross income from fundraising events | $67,115 |
| Less: direct expenses from gaming and fundraising events | $9,420 |
| Gross profit/loss from sales of inventory | $0 |
| Other revenue | $0 |
| Total expenses | $66,307 |
| Total net assets | $15,160 |
| Excess/Deficit for the year | $-4,612 |
| Net assets or fund balances at beginning of year | $19,772 |
| Other changes in net assets or fund balances | $0 |
| Net assets or fund balances at end of year | $15,160 |
| Balance Sheets | |
| 2013 | |
|---|---|
| Total assets | $15,208 |
| Total liabilities | $48 |
| Net assets or fund balances | $15,160 |
| Other Information | |
| 2013 | |
|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No |
| Were any significant changes made to the organizing or governing documents? | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
| Has the organization filed a Form 990-T for the year? | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No |
| Amount of political expenditures, direct or indirect | $0 |
| Did the organization file Form 1120-POL for this year? | No |
| 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? | No |
| Total amount involved | $0 |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $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? | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $139,459 |
| Subtotal | $139,459 |
| Gifts, grants, contributions, and membership fees received | $139,459 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $139,459 |
| Public support | $139,459 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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|---|---|---|---|---|---|
| 1 | People For Urban Progress | 1043 Virginia Ave Ste 213, Indianapolis, IN 46203-1762 | IN | 2009-10 | $292,779 |
| 2 | People Of Praise Inc | 107 S Greenlawn Ave, South Bend, IN 46617-3430 | IN | 1969-12 | $4,591,980 |
| 3 | Perry Township Volunteer Fire-Ems Inc | PO BOX 44, Springville, IN 47462-0044 | IN | 2009-09 | $36,757 |
| 4 | Phi Sigma Kappa | 607 Union St, Valparaiso, IN 46383 | IN | 1940-12 | $0 |
| 5 | Phoenix - Wish For Our Heroes Foundation Inc | 13025 Sweet Briar Pkwy, Fishers, IN 46038-8865 | IN | 2010-03 | $2,125,560 |
| 6 | Plaza Baseball Booster Club Inc | PO BOX 3526, Evansville, IN 47734-3526 | IN | 1984-11 | $38,192 |
| 7 | Pop Warner Little Scholars Inc, Michigan City Pop Warner Football | PO BOX 9502, Michigan City, IN 46361-9502 | IN | 1990-02 | $149,923 |
| 8 | Porter County Amatuer Radio Club | PO BOX 1061, Valparaiso, IN 46384-1061 | IN | 1984-01 | $397 |
| 9 | Procure Cancer Foundation | 1720 N Kinser Pike, Bloomington, IN 47404-2210 | IN | 2009-08 | $167,492 |
| 10 | Professional Business Womens Organization | 422 Water St, Kendallville, IN 46755-2182 | IN | 2005-03 | $7,578 |
| 11 | Progeny Foundation Inc | 6055 N College Avenue, Indianapolis, IN 46220 | IN | 2009-08 | $71,115 |
| 12 | Progressive Church Of God In Christ Pcogic | 610 Christian Ave, Elkhart, IN 46517-1842 | IN | 2010-08 | $6,600 |
| 13 | Project Hero Inc | 1309 22nd St, Bedford, IN 47421 | IN | 2010-11 | $0 |
| 14 | Psychological Clinical Science Accreditation System Inc | 1101 E 10th St, Bloomington, IN 47405-7007 | IN | 2010-04 | $300,206 |
| 15 | Pi Lambda Phi Fraternity, Indiana Epsilon Gamma | 715 N 6th Street, Vincennes, IN 47591 | IN | 1941-03 | $131,123 |
| 16 | Pulaski County United Fund Inc | 602 S Monticello St, Winamac, IN 46996 | IN | 1992-01 | $0 |
| 17 | Radius Indiana Inc, Radius Indiana | 1504 I St, Bedford, IN 47421-3836 | IN | 2010-06 | $1,533,803 |
| 18 | The Reach Foundation Inc | 8900 Keystone Crossing Room/Suite 660, Indianapolis, IN 46240 | IN | 2010-04 | $0 |
| 19 | Reach Inc | 6434 Quail Creek Blvd, Indianapolis, IN 46237 | IN | 2010-01 | $1,796,102 |
| 20 | Reagan Elementary School Parent Support Group | 4845 Bulldog Way, Brownsburg, IN 46112 | IN | 2009-09 | $23,028 |



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