National Black Mba Association Boston Chapter Inc in Boston, 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
- Organizations performing similar types of work
| National Black Mba Association Boston Chapter Inc | |
| Employer Identification Number (EIN) | 043425721 |
| Name of Organization | National Black Mba Association Boston Chapter Inc |
| In Care of Name | President |
| Address | PO BOX 190686, Boston, MA 02119-0013 |
| Subsection | Charitable Organization |
| Ruling Date | 10/1999 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $29,114 |
| Amount of Income | $56,466 |
| Form 990 Revenue Amount | $24,197 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Management Services for Small Business, Entrepreneurs |
Non-representatives - add comments:
Amount of income in 2013: $56,466 (it was $30,458 in 2012)
| National Black Mba Association Boston Chapter Inc: | $56,466 |
| Other organizations performing similar types of work: | $127,010 |
Assets in 2013: $29,114 (it was $20,031 in 2012)
| National Black Mba Association Boston Chapter Inc: | $29,114 |
| Other organizations performing similar types of work: | $83,317 |
Expenses in 2012: $27,281
| This organization: | $27,281 |
| Other organizations performing similar types of work: | $154,560 |
Income to expenses ratio in 2012: 2.1
| National Black Mba Association Boston Chapter Inc: | 2.1 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2012: 100.0%
| National Black Mba Association Boston Chapter Inc: | 100.0% |
| Other organizations performing similar types of work: | 40.6% |
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 | $30,458 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $30,458 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $27,281 | $0 | $0 | $0 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $24,281 | $0 | $0 | |
| Contributions, gifts, grants paid | $3,000 | |||
| Excess of revenue over expenses and disbursements | $3,157 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $20,031 | $20,031 |
| Cash - non-interest-bearing | $20,031 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $20,031 | |
| 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 | $0 |
| Net value of noncharitable-use assets | $0 |
| Minimum investment return | $0 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
The Red Sox Foundation Inc in Boston, MA
  |
|
Ben And Rose Cole Charitable Pria Foundation in Boston, MA
|
|
Chefs Table Foundation in Boston, MA
|
|
Chester Square Neighborhood Association Inc in Boston, MA
|
|
Landry Family Charitable Foundation in Boston, MA
|
|
King Solomon Humanitarian Foundation For Handicapped Childre, Handi-Kids in Bridgewater, MA
|
| Iglesia Camino Al Calvario in Lynn, MA |
| Rossbach Charitable Remainder Tr, Rossbach Janice & C E Ahara Ttees in Lexington, MA |
| Massachusetts-Ponkapoag Tribal Council Inc in Bridgewater, MA |
|
Fc Blazers in Needham Hgts, MA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Craft3 Investment I Llc | PO BOX 826, Ilwaco, WA 98624-0826 | WA | 1995-07 | $18,154,406 |
| 2 | Masschallenge | 21 Dry Dock Ave 6th Flr, Boston, MA 02210-2384 | MA | 2010-04 | $4,959,384 |
| 3 | Small Business Majority Foundation Inc | 4000 Bridgeway Ste 101, Sausalito, CA 94965-1444 | CA | 2010-11 | $4,935,336 |
| 4 | Circle Of Nations Inc | 836 Humphrey St, Swampscott, MA 01907-2339 | MA | 1997-01 | $3,721,466 |
| 5 | Solutions Community Development Corporation Inc | 245 High St, Holyoke, MA 01040-6513 | MA | 1997-07 | $516,458 |
| 6 | Massachusetss Municipal Policecoalition | 352 Turnpike Road, Southborough, MA 01772-1756 | MA | 2010-05 | $449,721 |
| 7 | Community Economic Development Center Of Southeastern Mass | 1285 Acushnet Ave, New Bedford, MA 02746-2020 | MA | 1997-11 | $443,222 |
| 8 | Cropcircle Kitchen Inc | 31 Germania Street Vj, Jamaica Plain, MA 02130-2314 | MA | 2011-03 | $392,608 |
| 9 | Mango Fund Inc | 124 South St, Hingham, MA 02043-2455 | MA | 2013-02 | $302,277 |
| 10 | Cape Ann Business Incubator Inc | 183 Main St, Gloucester, MA 01930-5703 | MA | 2004-06 | $166,185 |
| 11 | National Black Mba Association Boston Chapter Inc | PO BOX 190686, Boston, MA 02119-0013 | MA | 1999-10 | $56,466 |
| 12 | Haitian National Congress Inc | PO BOX 431, North Easton, MA 02356-0431 | MA | 2010-07 | $9,275 |
| 13 | Emerging Business Collaborative Inc | 53 State Street 38th Floor, Boston, MA 02109-2823 | MA | 2007-03 | $0 |
| 14 | Entrepreneurship For All Inc | 175 Cabot St Ste 100, Lowell, MA 01854-3635 | MA | 2015-02 | $0 |
| 15 | Incubando Inc | 23 Maverick St, Boston, MA 02128-2310 | MA | 2015-03 | $0 |
| 16 | Jewish Venture Mentoring Service Corporation | 384 Harvard St, Brookline, MA 02446 | MA | 2014-08 | $0 |
| 17 | Main Street Partners Inc | 89 South St 700, Boston, MA 02111 | MA | 2013-01 | $0 |
| 18 | Microcapital Institute | 2 Claremont St, Boston, MA 02118-3017 | MA | 2004-03 | $0 |
| 19 | New England Center For Veterans Business Development Inc | Univ Of Ma Healy Library 100 Morrissey Blvd 10th Flr, Boston, MA 02125-3393 | MA | 2005-12 | $0 |
| 20 | Prism Business Foundation Inc | 16 Clarendon St, Boston, MA 02116-6117 | MA | 2002-09 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 518 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about National Black Mba Association Boston Chapter Inc »
Non-representatives - add comments about National Black Mba Association Boston Chapter Inc»