Waltham Lions Charitable Foundation Inc in Waltham, Massachusetts (MA)
Table of contents:
| Waltham Lions Charitable Foundation Inc | |
| Employer Identification Number (EIN) | 651251054 |
| Name of Organization | Waltham Lions Charitable Foundation Inc |
| In Care of Name | Paul Benjamin |
| Address | 73 Warren St, Waltham, MA 02453-6916 |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 06/2006 |
| Deductibility | Contributions are deductible |
| Foundation | Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $64,463 |
| Amount of Income | $136,809 |
| Form 990 Revenue Amount | $84,538 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations |
Non-representatives - add comments:
Amount of income in 2014: $136,809 (it was $143,937 in 2013)
| This organization: | $136,809 |
| Other organizations performing similar types of work: | $71,328 |
Assets in 2014: $64,463 (it was $58,926 in 2013)
| This organization: | $64,463 |
| Other organizations performing similar types of work: | $50,799 |
Expenses in 2014: $79,001
| Waltham Lions Charitable Foundation Inc: | $79,001 |
| Other organizations performing similar types of work: | $47,311 |
Income to expenses ratio in 2014: 1.7
| This organization: | 1.7 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 6.4%
| Waltham Lions Charitable Foundation Inc: | 6.4% |
| Other organizations performing similar types of work: | 7.7% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $89,830 | $91,581 | $84,538 |
| Contributions, gifts, grants, and similar amounts received | $2,200 | $3,540 | $5,434 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $37 | $0 | $0 |
| Investment income | $0 | $31 | $24 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $85,350 | $90,208 | $78,021 |
| Gross income from gaming | $58,850 | $58,975 | $58,832 |
| Gross income from fundraising events | $79,509 | $79,616 | $70,196 |
| Less: direct expenses from gaming and fundraising events | $53,009 | $48,383 | $51,007 |
| Gross profit/loss from sales of inventory | $2,243 | $-2,198 | $1,059 |
| Gross sales of inventory, less returns and allowances | $3,671 | $1,775 | $2,323 |
| Less: cost of goods sold | $1,428 | $3,973 | $1,264 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $81,408 | $89,744 | $79,001 |
| Total net assets | $57,089 | $58,926 | $64,463 |
| Excess/Deficit for the year | $8,422 | $1,837 | $5,537 |
| Net assets or fund balances at beginning of year | $48,667 | $57,089 | $58,926 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $57,089 | $58,926 | $64,463 |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $57,089 | $58,926 | $64,463 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $57,089 | $58,926 | $64,463 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | No |
| Total amount involved | $0 | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No |
| Reason for Public Charity Status (for 2014) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $681,281 |
| Subtotal | $681,281 |
| Gifts, grants, contributions, and membership fees received | $8,660 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $672,621 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $681,415 |
| Public support | $681,281 |
| Subtotal | $134 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $134 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Roswell Park Alliance Foundation | Elm And Carlton St, Buffalo, NY 14263-0001 | NY | 1996-08 | $28,110,672 |
| 2 | Science Foundation Arizona | 400 E Van Buren St Ste 220, Phoenix, AZ 85004-2223 | AZ | 2006-11 | $7,919,015 |
| 3 | St Andrews Charitable Foundation | 6633 Delmar Blvd, St Louis, MO 63130-4505 | MO | 2008-01 | $1,344,641 |
| 4 | Tma Support Corporation | 2427 M L K Jr Ave Se, Washington, DC 20020-5815 | DC | 2006-10 | $709,645 |
| 5 | Rotary Club Of Coralsprings-Parkland Foundation Inc | 11873 Nw 2nd Ct, Coral Springs, FL 33071-8017 | FL | 2007-03 | $57,467 |
| 6 | The Red Sox Foundation Inc | 4 Yawkey Way, Boston, MA 02215-3409 | MA | 2003-06 | $8,770,343 |
| 7 | Trust In Diversity | One Federal St, Boston, MA 02110-2012 | MA | 1995-04 | $1,105,286 |
| 8 | Move The World Foundation, Thomas L Pappas Ttee | 109 Thornberry Rd, Winchester, MA 01890-3241 | MA | 2012-08 | $933,144 |
| 9 | Tugg Corp | 890 Winter St Ste 320, Waltham, MA 02451-1493 | MA | 2009-12 | $850,401 |
| 10 | Caring Partners Inc, Coats For Kids | 500 Clark Road, Tewksbury, MA 01876 | MA | 2009-12 | $658,448 |
| 11 | Claddagh Fund Charities Inc | 82 Broad St, Boston, MA 02110-3503 | MA | 2010-10 | $497,055 |
| 12 | Social Venture Partners Boston | 11 Concord St, Charlestown, MA 02129-2524 | MA | 2012-04 | $426,183 |
| 13 | Mccourt Foundation Inc | 300 Congress St, Quincy, MA 02169 | MA | 2011-02 | $393,077 |
| 14 | Boston Rising Inc | 537 Main Street Ste 12, Harwich Port, MA 02646-1894 | MA | 2009-11 | $384,086 |
| 15 | Massachusetts Technology Leadership Council Education Foundation Inc | 20 Mall Rd Ste 151, Burlington, MA 01803-4128 | MA | 1997-12 | $362,924 |
| 16 | Tech Foundation Inc | 30 Brattle St Ste 3, Cambridge, MA 02138-3727 | MA | 2001-02 | $300,000 |
| 17 | Excel Academy East Boston Realty Corporation | 58 Moore St, East Boston, MA 02128-1548 | MA | 2011-08 | $229,961 |
| 18 | Friends Of Imbuto Foundation Usa Inc | One Liberty Square, Boston, MA 02109-4825 | MA | 2014-03 | $200,011 |
| 19 | Millbury Lions Foundation Inc | 5 Gover Road, Millbury, MA 01527 | MA | 2012-01 | $184,713 |
| 20 | Charity Partners Foundation Inc | 177 Huntington Ave Suite 2000, Boston, MA 02115 | MA | 2009-09 | $177,810 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 13,855 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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