Rudolph W Snowden Memorial Scholarship Fund Inc in Silver Spring, Maryland (MD)

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Rudolph W Snowden Memorial Scholarship Fund Inc
Employer Identification Number (EIN)521102842
Name of OrganizationRudolph W Snowden Memorial Scholarship Fund Inc
AddressPO BOX 10607, Silver Spring, MD 20914-0607
ActivitiesScholarships (other)
SubsectionEducational Organization
Ruling Date06/1978
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000 to $24,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$17,975
Amount of Income$3,306
Form 990 Revenue Amount$3,306


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20112013
Total revenue$342$3,306
Contributions, gifts, grants, and similar amounts received$342$0
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$3,306
Investment income$0$0
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$3,736$869
Total net assets$10,770$17,105
Excess/Deficit for the year$-3,394$2,436
Net assets or fund balances at beginning of year$14,164$14,669
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$16,942
Balance Sheets
20112013
Total assets$14,506$17,975
Total liabilities$3,736$869
Net assets or fund balances$10,770$17,105
Other Information
20112013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?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
Total amount involved$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$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
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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