New England Biolabs Foundation in Beverly, 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
| New England Biolabs Foundation | |
| Employer Identification Number (EIN) | 042776213 |
| Name of Organization | New England Biolabs Foundation |
| Address | 8 Enon Street, Beverly, MA 01915-1165 |
| Activities | Combating or preventing pollution (air, water, etc), Preservation of natural resources (conservation), Discussion groups, forums, panels lectures, etc. |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 06/1984 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $5,000,000 to $9,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $8,711,658 |
| Amount of Income | $4,797,232 |
| Form 990 Revenue Amount | $672,705 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets 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 | $697,015 | $495,915 | $0 | |
| Contributions, gifts, grants, etc., received | $201,100 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $216,626 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $279,289 | |||
| Total expenses and disbursements | $636,022 | $56,888 | $0 | $579,134 |
| Compensation of officers, directors, trustees, etc. | $79,005 | |||
| Total operating and administrative expenses | $251,697 | $56,888 | $194,809 | |
| Contributions, gifts, grants paid | $384,325 | |||
| Excess of revenue over expenses and disbursements | $60,993 | |||
| Net investment income | $439,027 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $7,367,626 | $7,367,626 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $790,029 | |
| Investments-corporate stock | $4,389,559 | |
| Investments-corporate bonds | $1,081,543 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $48,835 | |
| Other | $1,057,660 | |
| Total liabilities | $105,494 | |
| Mortgages and other notes payable | $0 | |
| Other | $105,494 | |
| Total liabilities and net assets/fund balances | $7,262,132 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $279,289 |
| 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 | $4,390 |
| Total credits and payments | $4,400 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $4,400 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $9 |
| Tax due | $0 |
| Overpayment | $1 |
| 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 | $7,049,012 |
| Net value of noncharitable-use assets | $6,943,280 |
| Minimum investment return | $347,164 |
| Distributable Amount (for 2012) | |
| Distributable amount | $342,774 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $342,774 |
| 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 | New England Association Of Hud Management Agents Inc | 400 Wahington St Suite 210, Braintree, MA 02184 | MA | 1990-11 | $826,004 |
| 2 | New England Association Of Professional Employer Organization | 76 Blanchard Rd, Burlington, MA 01803-5125 | MA | 1998-02 | $2,565 |
| 3 | New England Association Of Retail Lender Inc | Lakeside Office Park Building 12, Wakefield, MA 01880 | MA | 1955-02 | $29,471 |
| 4 | New England Association Of School Superintendents Inc | 14 Hamilton Rd, West Peabody, MA 01960-2131 | MA | 1992-02 | $59,800 |
| 5 | New England Association Of Schools & Colleges Inc | 3 Burlington Woods Dr Ste 100, Burlington, MA 01803-4514 | MA | 1944-07 | $10,842,798 |
| 6 | New England Automated Clearing House Association | 35 Corporate Dr Ste 190, Burlington, MA 01803-4244 | MA | 1978-10 | $6,054,265 |
| 7 | New England Automotive Dealers Insurance Tr | PO BOX 24, E Bridgewater, MA 02333-0024 | MA | 1951-08 | $2,393,194 |
| 8 | New England Bantam Club Inc | Alice Vilk Treasurer 342 Lincoln St, Stoughton, MA 02072 | MA | 2003-05 | $3,991 |
| 9 | New England Baptist Hospital League Inc | 20 Malcolm St, Hingham, MA 02043-1354 | MA | 1956-12 | $4,680 |
| 10 | New England Baseball Club Inc | PO BOX 170714, Boston, MA 02117-0944 | MA | 2008-06 | $791,135 |
| 11 | New England Biolabs Foundation | 8 Enon Street, Beverly, MA 01915-1165 | MA | 1984-06 | $4,797,232 |
| 12 | New England Bioscience Society Inc | 6 Wellington Terrace, Brookline, MA 02445 | MA | 2008-12 | $30,857 |
| 13 | New England Biotechnology Association, Neba | 401 Edgewater Place, Wakefield, MA 01880-6201 | MA | 2010-02 | $67,503 |
| 14 | New England Blazers Wheelchair Sports Programs Inc | 6 Grove Sq, Randolph, MA 02368-4028 | MA | 2013-02 | $10,950 |
| 15 | New England Blues Fest Com | 11 Robin Hood Avenue, Middleboro, MA 02346 | MA | 2009-05 | $0 |
| 16 | New England Botanical Club Inc | 22 Divinity Ave, Cambridge, MA 02138-2020 | MA | 1976-11 | $115,640 |
| 17 | New England Branch American Assoc For Laboratory Animal Science | 7 Kidder Road, Chelmsford, MA 01824-3374 | MA | 1990-03 | $63,935 |
| 18 | New England Bridge Conference Inc | 4 Bourne St, Jamaica Plain, MA 02130-4615 | MA | 1996-07 | $359,090 |
| 19 | New England Brittany Rescue Inc | 829 Mill St, Marion, MA 02738-2202 | MA | 2003-01 | $113,786 |
| 20 | New England Bus Association | 10 Halifax St, Boston, MA 02130 | MA | 1984-04 | $16,674 |
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