Alumni Association Of The Lahey Clinic Foundation in Burlington, Massachusetts (MA)

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Alumni Association Of The Lahey Clinic Foundation
Employer Identification Number (EIN)042573620
Name of OrganizationAlumni Association Of The Lahey Clinic Foundation
Address41 Mall Rd, Burlington, MA 01805-0001
ActivitiesDiscussion groups, forums, panels lectures, etc., Non financial services of facilities to other organizations
SubsectionCharitable Organization, Educational Organization
Ruling Date09/1975
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$500,000 to $999,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$625,142
Amount of Income$14,803
Form 990 Revenue Amount$14,803
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities:


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Amount of income in 2012: $14,803 (it was $72,434 in 2011)
This organization: 

 $14,803
Other organizations performing similar types of work: 

 $32,759

Assets in 2012: $625,142 (it was $567,487 in 2011)
This organization: 

 $625,142
Other organizations performing similar types of work: 

 $194,311

Expenses in 2012: $27,913
This organization: 

 $27,913
Other organizations performing similar types of work: 

 $126,202

Income to expenses ratio in 2012: 0.5
Alumni Association Of The Lahey Clinic Foundation: 

 0.5
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2012: 18.9%
This organization: 

 18.9%
Other organizations performing similar types of work: 

 62.0%

Financial snapshot ($)

Revenue 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$14,803
Contributions, Gifts, Grants and Other Similar Amounts$2,800
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$12,003
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$27,913
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$27,913
Balance Sheet (for 2012)
Total assets$625,142
Total liabilities$0
Total net assets or fund balances$625,142
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: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)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Bibliographic Association Of Red River Inc6101 Grayson Dr, Denison, TX 75020TX1986-07$133,000
2University Of Delaware Library Associates IncUniversity Of Delaware Library, Newark, DE 19717DE1959-07$117,958
3Friends Of The Sterling C Evans Library8631 Turnberry Ln, Ovilla, TX 75154-5571TX1990-03$32,759
4Friends Of The Ucsb Library6156 Barrington Dr, Goleta, CA 93117-1759CA1968-04$26,056
5Alumni Association Of The Lahey Clinic Foundation41 Mall Rd, Burlington, MA 01805-0001MA1975-09$14,803
Number of organizations performing similar types of work
California1
Delaware1
Massachusetts1
Texas2
Total5

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