Maine Manufacturers Career And Training Foundation in Portland, Maine (ME)

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Maine Manufacturers Career And Training Foundation
Employer Identification Number (EIN)010544561
Name of OrganizationMaine Manufacturers Career And Training Foundation
In Care of NameLisa Martin
Address101 Mcalister Farm Rd, Portland, ME 04103-5915
SubsectionCharitable Organization
Ruling Date09/2001
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$211,588
Amount of Income$64,337
Form 990 Revenue Amount$39,368
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards

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Amount of income in 2013: $64,337 (it was $49,786 in 2012)
This organization: 

Other organizations performing similar types of work: 


Assets in 2013: $211,588 (it was $183,366 in 2012)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2012: $26,891
Maine Manufacturers Career And Training Foundation: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2012: 2.4
Maine Manufacturers Career And Training Foundation: 

Other organizations performing similar types of work: 


Grants share in income in 2012: 78.9%
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$36,063
Contributions, gifts, grants, and similar amounts received$28,469
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$3,648
Gain from sale of assets other than inventory$3,946
Gross amount from sale of assets other than inventory$17,669
Less: cost or other basis and sales expenses$13,723
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$26,891
Total net assets$183,366
Excess for the year$9,172
Net assets or fund balances at beginning of year$170,958
Other changes in net assets or fund balances$3,236
Balance Sheets (for 2012)
Total assets$183,366
Total liabilities$0
Net assets or fund balances$183,366
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$72,137
Gifts, grants, contributions, and membership fees received$41,347
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$9,671
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$21,119
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Number of organizations performing similar types of work
District of Columbia210
North Carolina631
North Dakota29
New Hampshire145
New Jersey1,137
New Mexico122
New York1,581
Rhode Island132
South Carolina243
South Dakota54
West Virginia110
Total23,481 is not associated with, endorsed by, or sponsored by Maine Manufacturers Career And Training Foundation and has no official or unofficial affiliation with Maine Manufacturers Career And Training Foundation