Friends Of The Marblehead Public Schools Inc in Marblehead, Massachusetts (MA)

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Friends Of The Marblehead Public Schools Inc
Employer Identification Number (EIN)043143399
Name of OrganizationFriends Of The Marblehead Public Schools Inc
In Care of NameLinda Maude
AddressPO BOX 718, Marblehead, MA 01945-0718
ActivitiesOther school related activities
SubsectionCharitable Organization
Ruling Date04/1993
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$239,169
Amount of Income$106,591
Form 990 Revenue Amount$100,453
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Education (Not Elsewhere Classified)

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Financial snapshot ($)

Revenue for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
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 2011)
Total revenue$166,027
Contributions, Gifts, Grants and Other Similar Amounts$112,318
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$202
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$53,507
Gross income from fundraising events$60,371
Less: direct expenses$6,864
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$113,645
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$318,303
Total liabilities$0
Total net assets or fund balances$318,303
Retained earnings, endowment, accumulated income, or other funds$318,303
Reason for Public Charity Status (for 2011)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$557,094
Gifts, grants, contributions, and membership fees received$243,991
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$300,829
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$12,274
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