Project Gurnet & Bug Lights Inc in Duxbury, 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
| Project Gurnet & Bug Lights Inc | |
| Employer Identification Number (EIN) | 042797177 |
| Name of Organization | Project Gurnet & Bug Lights Inc |
| In Care of Name | Dolly Snow Bicknell Pres |
| Address | PO BOX 2167, Duxbury, MA 02331-2167 |
| Activities | Historical site, records or reenactment |
| Subsection | Charitable Organization |
| Ruling Date | 05/1984 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $355,855 |
| Amount of Income | $43,815 |
| Form 990 Revenue Amount | $71,920 |
Non-representatives - add comments:
Revenue 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 | $88,460 | $1,193 | $42,428 | |
| Contributions, gifts, grants, etc., received | $46,032 | |||
| Interest on savings and temporary cash investments | $1,193 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $32,775 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $8,460 | |||
| Total expenses and disbursements | $42,608 | $0 | $0 | $15,985 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $42,608 | $0 | $15,985 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $45,852 | |||
| Net investment income | $1,193 | |||
| Adjusted net income | $42,428 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $353,678 | $358,835 |
| Cash - non-interest-bearing | $87,649 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $61,186 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $204,843 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $353,678 | |
| 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 | $12 |
| Total credits and payments | $12 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $0 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $12 |
| Backup withholding erroneously withheld | $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 | $116,902 |
| Net value of noncharitable-use assets | $115,140 |
| Minimum investment return | $5,757 |
| Distributable Amount (for 2012) | |
| Distributable amount | $5,745 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $5,745 |
| 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 | Project Bread - The Walk For Hunger Inc | 145 Border St, East Boston, MA 02128-1903 | MA | 1987-02 | $7,324,687 |
| 2 | Project Chacocente Usa Inc | P O Box 128, Boston, MA 02420 | MA | 2014-08 | $170,230 |
| 3 | Project Concern | 54 Birch Dr, Randolph, MA 02368-3404 | MA | 1991-08 | $157,141 |
| 4 | Project Contemporary Competitiveness Inc | 320 Washington Street, Easton, MA 02357 | MA | 1993-05 | $943,405 |
| 5 | Project Cope Inc | 471 Broadway, Lynnfield, MA 01940-1401 | MA | 1973-01 | $2,503,707 |
| 6 | Project Deep Association Inc | 1 Worrell St, Dorchester, MA 02122-3318 | MA | 1996-10 | $174,353 |
| 7 | Project Deep Inc | 127 Eastern Avenue, Gloucester, MA 01930-1802 | MA | 1981-12 | $101,465 |
| 8 | Project Eden Inc | 23 S Great Rd, Lincoln, MA 01773-4701 | MA | 2009-08 | $144,400 |
| 9 | Project Faith Foundation Inc | 350 Pleasant St, Ashland, MA 01721-1144 | MA | 2007-10 | $1,001 |
| 10 | Project For School Innovation Tr | 21 Queen St, Dorchester, MA 02122-2509 | MA | 2004-09 | $125,766 |
| 11 | Project Gurnet & Bug Lights Inc | PO BOX 2167, Duxbury, MA 02331-2167 | MA | 1984-05 | $43,815 |
| 12 | Project Have Hope Inc | 92 Hancock St, Malden, MA 02148-7704 | MA | 2007-09 | $157,596 |
| 13 | Health Leads Inc | 2 Oliver St 10th Flr, Boston, MA 02109-4901 | MA | 2003-07 | $25,697,813 |
| 14 | Project Healthy Children | 25 Mount Auburn St Ste 111, Cambridge, MA 02138-6032 | MA | 2004-11 | $764,058 |
| 15 | Project Implicit Inc, Project Implicit | 4 Blueberry Ln, Lexington, MA 02420-2402 | MA | 2006-12 | $321,268 |
| 16 | Project Joy Inc, Childrens Trauma Recovery Foundatn | 323 Newbury St, Boston, MA 02115-2710 | MA | 1997-03 | $464,912 |
| 17 | Project Just Because Inc | 379 Underwood St, Holliston, MA 01746-1562 | MA | 2004-09 | $8,745,016 |
| 18 | Project Life Inc | 122 Calumet St Apt 2, Roxbury, MA 02120-3335 | MA | 1991-11 | $114,254 |
| 19 | Project Lighthouse Inc | 310 Spring St, West Roxbury, MA 02132-5419 | MA | 2001-05 | $14,625 |
| 20 | Project Management Institute Mass Bay Chapter Inc | 465 Waverly Oaks Rd Ste 421, Waltham, MA 02452-8438 | MA | 2001-03 | $316,382 |



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