Ika Family Charitable Foundation in Southborough, Massachusetts (MA)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Massachusetts
| Ika Family Charitable Foundation | |
| Employer Identification Number (EIN) | 271559062 |
| Name of Organization | Ika Family Charitable Foundation |
| Address | 6 Wyndemere Dr, Southborough, MA 01772-1108 |
| Subsection | Charitable Organization |
| Ruling Date | 10/2010 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $25,000 to $99,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $75,336 |
| Amount of Income | $443 |
| Form 990 Revenue Amount | $578 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified) |
Non-representatives - add comments:
Expenses for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $443 | $443 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $443 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $25,396 | $396 | $0 | $25,000 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $396 | $396 | $0 | |
| Contributions, gifts, grants paid | $25,000 | |||
| Excess of revenue over expenses and disbursements | $-24,953 | |||
| Net investment income | $47 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $75,336 | $75,336 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $75,336 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $75,336 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $87,813 |
| Net value of noncharitable-use assets | $86,500 |
| Minimum investment return | $4,325 |
| Distributable Amount (for 2012) | |
| Distributable amount | $4,325 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $4,325 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Igreja Evangelica Assembleia De Deus Semear Inc | PO BOX 1251, Vineyard Hvn, MA 02568-0903 | MA | 2008-07 | $0 |
| 2 | Igreja Evangelica Betesda | 96 Addison St # 3, Chelsea, MA 02150-1929 | MA | 1964-08 | $0 |
| 3 | Igreja Evangelica Nova Vida | 121 Haskell Ave, Clinton, MA 01510-2735 | MA | 2006-12 | $0 |
| 4 | Igreja Evangelica Povo De Deus Pentecostal | 312 Main Street, Hudson, MA 01749-1777 | MA | 2006-04 | $0 |
| 5 | Igreja Evangelica Resgate | 375 Harvard St Ste F, Leominster, MA 01453-7021 | MA | 2009-11 | $157,559 |
| 6 | Igreja International Adonai | 672 Waverly St 2nd Fl, Framingham, MA 01702 | MA | 2011-05 | $0 |
| 7 | Igreja Missionaria Betel | PO BOX 1381, Saugus, MA 01906-0681 | MA | 1969-11 | $0 |
| 8 | Igreja Pentecostal Cristo Vive | 27 Congress St, Milford, MA 01757-2039 | MA | 2006-11 | $0 |
| 9 | Igreja Presbiteriana De Boston | 212 School St, Somerville, MA 02145-3824 | MA | 1993-06 | $0 |
| 10 | Igreja Videira | PO BOX 1088, Framingham, MA 01701 | MA | 2010-06 | $0 |
| 11 | Ika Family Charitable Foundation | 6 Wyndemere Dr, Southborough, MA 01772-1108 | MA | 2010-10 | $443 |
| 12 | Ikhlas International Inc, M Abuwi | 1268 Blue Hill Ave, Mattapan, MA 02126-1804 | MA | 1995-08 | $0 |
| 13 | Illinois Institute Of Technology Pooled Income Udt Dtd 032577 | 1 Lincoln Street Ssfc 24, Boston, MA 02111-2900 | MA | $0 | |
| 14 | Illuminating Engineering Society, Boston | 1046 Salem End Rd, Framingham, MA 01702-5534 | MA | 1991-02 | $0 |
| 15 | Imani Temple Inc | 5 Buford Rd, West Peabody, MA 01960-2127 | MA | 1991-12 | $0 |
| 16 | Imc Club International Inc | PO BOX 91, Raynham, MA 02767-0091 | MA | 2010-10 | $97,997 |
| 17 | Immaculate Conception Church | 25 Parker St, Indian Orch, MA 01151-2220 | MA | 1946-03 | $0 |
| 18 | Immaculate Conception Mission | Main Rd, Mill River, MA 01244 | MA | 1946-03 | $0 |
| 19 | Immaculate Conception Parish | 54 N Summer St, Holyoke, MA 01040-6208 | MA | 1946-03 | $0 |
| 20 | Immaculate Conception Parish | 10 Fellsway E, Malden, MA 02148-5313 | MA | 1946-03 | $0 |
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