Boston Securities Traders Foundation Inc in Abington, Massachusetts (MA)

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Boston Securities Traders Foundation Inc
Employer Identification Number (EIN)161641067
Name of OrganizationBoston Securities Traders Foundation Inc
In Care of NameAl Aloise
Address31 Bernard Cir, Abington, MA 02351-1291
SubsectionCharitable Organization
Ruling Date10/2004
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period11/2012
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$745
Amount of Income$8,620
Form 990 Revenue Amount$8,620
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations


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Amount of income in 2012: $8,620 (it was $2,069 in 2011)
Boston Securities Traders Foundation Inc: 

 $8,620
Other organizations performing similar types of work: 

 $71,328

Assets in 2012: $745 (it was $895 in 2011)
This organization: 

 $745
Other organizations performing similar types of work: 

 $50,799

Expenses in 2012: $8,770
Boston Securities Traders Foundation Inc: 

 $8,770
Other organizations performing similar types of work: 

 $47,311

Income to expenses ratio in 2012: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 0.0%
Boston Securities Traders Foundation Inc: 

 0.0%
Other organizations performing similar types of work: 

 7.7%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$8,620
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$8,620
Gross income from gaming$0
Gross income from fundraising events$8,620
Less: direct expenses from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$8,770
Total net assets$745
Deficit for the year$-150
Net assets or fund balances at beginning of year$895
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$745
Total liabilities$0
Net assets or fund balances$745
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$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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Number of organizations performing similar types of work
Alaska27
Alabama174
Arkansas88
Arizona257
California1,561
Colorado295
Connecticut213
District of Columbia96
Delaware58
Florida937
Georgia405
Hawaii58
Iowa132
Idaho53
Illinois567
Indiana231
Kansas125
Kentucky138
Louisiana149
Massachusetts427
Maryland313
Maine54
Michigan422
Minnesota256
Missouri285
Mississippi53
Montana52
North Carolina382
North Dakota40
Nebraska93
New Hampshire76
New Jersey563
New Mexico62
Nevada84
New York1,186
Ohio529
Oklahoma149
Oregon175
Pennsylvania493
Rhode Island56
South Carolina163
South Dakota36
Tennessee218
Texas929
Utah116
Virginia393
Vermont41
Washington305
Wisconsin211
West Virginia59
Wyoming40
International30
Total13,855

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