Phoenix Foundation in Portland, 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
| Phoenix Foundation | |
| Employer Identification Number (EIN) | 223036674 |
| Name of Organization | Phoenix Foundation |
| In Care of Name | Mpsf |
| Address | 2 Custom House Wharf Suite 305, Portland, ME 04101-4708 |
| Subsection | Charitable Organization |
| Foundation | Private non-operating foundation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2012 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $71,509 |
| Amount of Income | $43,806 |
| Form 990 Revenue Amount | $39,543 |
Non-representatives - add comments:
Revenue for 2011
Expenses for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $39,543 | $1,643 | $39,543 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $1,643 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $37,900 | |||
| Total expenses and disbursements | $127,767 | $600 | $127,767 | $96,245 |
| Compensation of officers, directors, trustees, etc. | $93,300 | |||
| Total operating and administrative expenses | $127,767 | $600 | $96,245 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-88,224 | |||
| Net investment income | $1,043 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $165,373 | $165,373 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $165,373 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $165,373 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $10 |
| Total credits and payments | $72 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $72 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Overpayment | $62 |
| Amount to be credited to 2012 estimated tax | $62 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | Yes |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $209,485 |
| Net value of noncharitable-use assets | $206,340 |
| Minimum investment return | $10,317 |
| Distributable Amount (for 2011) | |
| Distributable amount | $0 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $0 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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 | $96,245 | $101,155 | $93,801 | $112,573 | $403,774 |
| 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 | $6,878 | $9,886 | $12,354 | $14,256 | $43,374 |
| 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 | Pericles Foundation | 254 Commercial Street, Portland, ME 04101-4664 | ME | 2004-09 | $19,200 |
| 2 | Personal Onsite Development | PO BOX 1507, Lewiston, ME 04241-1507 | ME | 1999-01 | $778,193 |
| 3 | Personal Services Of Aroostook | 480 Main St Ste 402, Presque Isle, ME 04769-2345 | ME | 1989-02 | $2,327,200 |
| 4 | Peter Alfond Foundation, Alfond Peter Ttee | Two Monument Square, Portland, ME 04101-4093 | ME | 1994-01 | $512,728 |
| 5 | Petit Manan Ambulance Corps Inc | PO BOX 188, Milbridge, ME 04658-0188 | ME | 1976-03 | $365,655 |
| 6 | Phelps Family Foundation | 214 Spruce Point Rd, Yarmouth, ME 04096-5341 | ME | 2005-08 | $14,409 |
| 7 | Phi Kappa Sigma Fraternity, Alpha Delta House Corporation | PO BOX 563, Lincoln, ME 04457-0563 | ME | 1940-12 | $65,200 |
| 8 | Phillips Public Library | PO BOX O, Phillips, ME 04966-1514 | ME | 1998-11 | $65,141 |
| 9 | Phillips-Strickland House Corporation | 21 Boyd Street, Bangor, ME 04401-6560 | ME | 1976-07 | $1,921,052 |
| 10 | Phippsburg Sportsmens Association Inc | 272 Main Road Po Box 298, Phippsburg, ME 04562 | ME | 2002-10 | $73,329 |
| 11 | Phoenix Foundation | 2 Custom House Wharf Suite 305, Portland, ME 04101-4708 | ME | $43,806 | |
| 12 | Physicians For Social Responsibility Inc, Maine | PO BOX 4744, Portland, ME 04112-4744 | ME | 1970-03 | $73,549 |
| 13 | Pi Beta Phi Maine Alpha Chapter University Of Maine Memorial Union | C/O Greek Life Office Pi Beta Phi, Orono, ME 04469-0001 | ME | 1967-02 | $0 |
| 14 | The Picker Institute Inc | PO BOX 777, Camden, ME 04843-0777 | ME | 1995-04 | $2,304,909 |
| 15 | Pierre Monteux Memorial Foundation | PO BOX 457, Hancock, ME 04640-0457 | ME | 1973-02 | $385,510 |
| 16 | Pine Crest Development Corp | 48 Morton Avenue, Dover Foxcroft, ME 04426-1180 | ME | 1997-11 | $4,003 |
| 17 | Pine Grove Cemetery Corp | PO BOX 2147, S Portland, ME 04116-2147 | ME | 1971-04 | $609,080 |
| 18 | Pine Island Camp Inc | PO BOX 242, Brunswick, ME 04011-0242 | ME | 1996-08 | $1,051,061 |
| 19 | Pine Tree Alcoholism Center For Women | PO BOX 729, Bar Mills, ME 04004-0729 | ME | 1975-07 | $164,176 |
| 20 | Pine Tree Hospice | 883 W Main St, Dovr Foxcroft, ME 04426-1029 | ME | 1987-02 | $158,980 |
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