Newsboys Reading Room Association Of Boston in Weymouth, 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
| Newsboys Reading Room Association Of Boston | |
| Employer Identification Number (EIN) | 046056949 |
| Name of Organization | Newsboys Reading Room Association Of Boston |
| In Care of Name | Robert A Stevens Treas |
| Address | 43 Longwood Rd, Weymouth, MA 02188-4134 |
| Activities | Other school related activities |
| Subsection | Charitable Organization |
| Ruling Date | 08/1965 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2014 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $936,552 |
| Amount of Income | $185,329 |
| Form 990 Revenue Amount | $45,644 |
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 | $45,644 | $47,474 | $47,474 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $5,829 | |||
| Dividends and interest from securities | $41,645 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $70,746 | $4,011 | $0 | $65,729 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $19,746 | $4,011 | $14,729 | |
| Contributions, gifts, grants paid | $51,000 | |||
| Excess of revenue over expenses and disbursements | $-25,102 | |||
| Net investment income | $43,463 | |||
| Adjusted net income | $47,474 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $853,343 | $1,308,038 |
| Cash - non-interest-bearing | $944 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $617,940 | |
| Investments-corporate bonds | $92,653 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $22,679 | |
| Other | $119,127 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $853,343 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-1,830 |
| 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 | $869 |
| Total credits and payments | $1,264 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $1,264 |
| 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 | $0 |
| Overpayment | $395 |
| Amount to be credited to 2013 estimated tax | $395 |
| 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 | $1,275,333 |
| Net value of noncharitable-use assets | $1,256,200 |
| Minimum investment return | $62,810 |
| Distributable Amount (for 2012) | |
| Distributable amount | $61,940 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $61,940 |
| 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
  |
|
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
|
|
Twilight Throwers in Chelmsford, MA
|
| Wayland Baseball And Softball Association Inc in Wayland, MA |
Wellspring Inc in Hull, MA
 |
| Reason Alliance Ltd in Somerville, MA |
| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Newburyport Preservation Trust Inc | Po Box 184, Newburyport, MA 01950 | MA | 2004-09 | $13,414 |
| 2 | Newburyport Society For The Relief Of Aged Men | 361 High St, Newburyport, MA 01950-3605 | MA | 1998-06 | $3,846,112 |
| 3 | Newburyport Society For The Relief Of Aged Women | PO BOX 787, Newburyport, MA 01950-0987 | MA | 1935-03 | $1,707,902 |
| 4 | Newburyport Waterfront Trust | City Hall Pleasant St, Newburyport, MA 01950 | MA | 1993-07 | $82,180 |
| 5 | Newburyport Youth Hockey League Inc | 25 Storey Ave - Pmb 157, Newburyport, MA 01950-1869 | MA | 1986-12 | $350,640 |
| 6 | Newburyport Youth Soccer Assoc Inc | PO BOX 1115, Newburyport, MA 01950-6115 | MA | 1986-08 | $191,212 |
| 7 | Newell Burying Ground Association Inc | PO BOX 3005, Attleboro, MA 02703-0907 | MA | 1967-05 | $90,373 |
| 8 | Newire Educational Foundation Inc | C/O Crew Boston 101 Federal Street, Boston, MA 02110 | MA | 2009-06 | $64,649 |
| 9 | Newman School Parent Teacher Council Trust | 1155 Central Ave, Needham, MA 02492-1701 | MA | 1988-11 | $81,675 |
| 10 | Newmarket Business Association Inc | 225 Southampton St, Boston, MA 02118-2715 | MA | 1977-01 | $57,895 |
| 11 | Newsboys Reading Room Association Of Boston | 43 Longwood Rd, Weymouth, MA 02188-4134 | MA | 1965-08 | $185,329 |
| 12 | Newspaper Association Managers Incorporated | PO BOX 458, Essex, MA 01929-0008 | MA | 1988-06 | $139,343 |
| 13 | Athletes Unlimited Newton Ma Inc | PO BOX 66163, Auburndale, MA 02466-0002 | MA | 1991-06 | $99,431 |
| 14 | Newton Arts Center Inc | 61 Washington Park, Newtonville, MA 02460-1915 | MA | 1983-11 | $1,201,655 |
| 15 | Newton Athletic Association | PO BOX 590066, Newton Centre, MA 02459-0001 | MA | 1971-03 | $18,799 |
| 16 | The John M Barry Boys And Girls Club Of Newton Inc | 675 Watertown St, Newton, MA 02460-1349 | MA | 1957-02 | $1,292,177 |
| 17 | Newton Cantonese School Inc | PO BOX 114, Millis, MA 02054-0114 | MA | 1987-04 | $71,848 |
| 18 | Newton Cemetery Corporation | 791 Walnut St, Newton Centre, MA 02459-1719 | MA | 1934-09 | $16,651,549 |
| 19 | The Newton Partnership Inc | 246 Dudley Rd, Newton, MA 02459-2828 | MA | 1993-12 | $22,963 |
| 20 | Newton Choral Society Inc | PO BOX 600122, Newton, MA 02460-0002 | MA | 1977-03 | $122,672 |
Organization representatives - add corrected or new information about Newsboys Reading Room Association Of Boston »
Non-representatives - add comments about Newsboys Reading Room Association Of Boston»