Atkins Charitable Trust in Waterville, Maine (ME)
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 Maine
| Atkins Charitable Trust | |
| Employer Identification Number (EIN) | 016081034 |
| Name of Organization | Atkins Charitable Trust |
| Address | 18 Nudd St, Waterville, ME 04901-7329 |
| Activities | Scholarships (other), Other youth organization or activities |
| Subsection | Charitable Organization |
| Ruling Date | 05/1988 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $10,000 to $24,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $15,565 |
| Amount of Income | $31,839 |
| Form 990 Revenue Amount | $21,497 |
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 | $23,938 | $21,137 | $3,938 | |
| Contributions, gifts, grants, etc., received | $20,000 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $3,938 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $44,003 | $1,222 | $1,222 | $42,781 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,222 | $1,222 | $0 | |
| Contributions, gifts, grants paid | $42,781 | |||
| Excess of revenue over expenses and disbursements | $-20,065 | |||
| Net investment income | $19,915 | |||
| Adjusted net income | $2,716 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $10,681 | $100,061 |
| Cash - non-interest-bearing | $7,182 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $3,499 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $30,615 | |
| Mortgages and other notes payable | $30,615 | |
| Total liabilities and net assets/fund balances | $-19,934 | |
| 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 | $199 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $199 |
| 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 | $106,766 |
| Net value of noncharitable-use assets | $105,160 |
| Minimum investment return | $5,258 |
| Distributable Amount (for 2012) | |
| Distributable amount | $5,059 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $5,059 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $5,059 |
| 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 Maine | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Association For Consulting Expertise | 110 Marginal Way - Number 142, Portland, ME 04101 | ME | $19,392 | |
| 2 | Association For Science In Autism Treatment Inc | 1372 Newbury Neck Rd, Surry, ME 04684-3819 | ME | 1998-12 | $81,461 |
| 3 | Association For Supervision And Curriculum Development, Maine Ascd | PO BOX 926, Brunswick, ME 04011-0926 | ME | 1985-02 | $17,279 |
| 4 | Association Of Computer Technology Educators Of Maine | 230 Main St, Gorham, ME 04038-1308 | ME | 1997-06 | $1,217,654 |
| 5 | Lord Family Ministry Inc | 65 Woodward Ln, Blue Hill, ME 04614-5800 | ME | 1989-05 | $48,522 |
| 6 | Association Of Homeschoolers Of Maine | PO BOX 159, Camden, ME 04843-0159 | ME | 2002-04 | $69,739 |
| 7 | Association Of Notre Dame Clubs Inc | 749 Princes Point Road, Yarmouth, ME 04096 | ME | 1983-07 | $1,870 |
| 8 | Association Of State Wetland Managers Inc | 32 Tandberg Trl Unit 2a, Windham, ME 04062-6417 | ME | 1988-07 | $458,560 |
| 9 | Association Of U S Delegates To The Gulf Of Maine Council On The Marin | PO BOX 6063, Falmouth, ME 04105-6063 | ME | 1993-08 | $1,756,667 |
| 10 | Athens Wesserunsett Valley Fair Association | Po Box 111, Athens, ME 04912 | ME | 1999-07 | $0 |
| 11 | Atkins Charitable Trust | 18 Nudd St, Waterville, ME 04901-7329 | ME | 1988-05 | $31,839 |
| 12 | Atlantic Firemans Education Association | PO BOX 7686, Cape Porpoise, ME 04014-7686 | ME | 1958-07 | $39,827 |
| 13 | Atlantic Salmon Federation Inc | PO BOX 807, Calais, ME 04619-0807 | ME | 1968-10 | $7,749,529 |
| 14 | Atlantic Salmon For Northern Maine Inc | PO BOX 833, Presque Isle, ME 04769-0833 | ME | 1984-07 | $52,313 |
| 15 | Atlantic States Rural Water & Wastewater Association | 254 Alexander Reed Rd, Richmond, ME 04357-3908 | ME | 1996-07 | $783,070 |
| 16 | Atlantic Volunteer Engine Co Inc | PO BOX 7304, Cape Porpoise, ME 04014-7304 | ME | 2001-05 | $114,667 |
| 17 | Attendant Services Inc | 127 Main Street, South Portland, ME 04106-2647 | ME | 1990-10 | $11,468,234 |
| 18 | Auber Memorial Educational Tr | 5 Milk St Ste 1, Portland, ME 04101-4170 | ME | 1995-05 | $18,208 |
| 19 | Auburn Business Development Corp | 415 Lisbon St Ste 400, Lewiston, ME 04240-7666 | ME | 1973-04 | $284,402 |
| 20 | Auburn Housing Development Corporation | PO BOX 3037, Auburn, ME 04212-3037 | ME | 2005-12 | $29,439 |
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