Rochester Better Chance Foundation in Rochester, Minnesota (MN)
Table of contents:
| Rochester Better Chance Foundation | |
| Employer Identification Number (EIN) | 411237746 |
| Name of Organization | Rochester Better Chance Foundation |
| Address | PO BOX 506, Rochester, MN 55903-0506 |
| Activities | Scholarships (other), Student housing activities, Other youth organization or activities |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 01/1974 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 05/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $190,992 |
| Amount of Income | $28,961 |
| Form 990 Revenue Amount | $27,328 |
Non-representatives - add comments:
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $71,345 | $41,724 | $27,328 |
| Contributions, gifts, grants, and similar amounts received | $53,632 | $27,339 | $19,842 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $123 | $49 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $17,713 | $14,262 | $7,437 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $31,480 | $19,533 | $9,070 |
| Less: direct expenses from gaming and fundraising events | $13,767 | $5,271 | $1,633 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $48,119 | $54,748 | $47,853 |
| Total net assets | $207,110 | $194,313 | $174,310 |
| Excess/Deficit for the year | $23,226 | $-13,024 | $-20,525 |
| Net assets or fund balances at beginning of year | $183,829 | $207,110 | $194,313 |
| Other changes in net assets or fund balances | $55 | $227 | $522 |
| Net assets or fund balances at end of year | $194,313 | $174,310 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $231,571 | $215,394 | $190,992 |
| Total liabilities | $24,461 | $21,081 | $16,682 |
| Net assets or fund balances | $207,110 | $194,313 | $174,310 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | 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 | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | 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 | |
| Total amount involved | $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 | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | 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 | $289,534 |
| Subtotal | $289,534 |
| Gifts, grants, contributions, and membership fees received | $199,100 |
| 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 | $90,434 |
| 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 | $289,949 |
| Public support | $289,534 |
| Subtotal | $415 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $415 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
| Minnesota Pow-Mia Riders Association Inc in Rochester, MN |
Veterans Of Foreign Wars Post 2766 in Breckenridge, MN
  |
|
Stalker Lake Sportsmens Club Inc in Dalton, MN
|
| Riverside Cemetery Association in Breckenridge, MN |
| Cuyuna Range Housing Inc in Ironton, MN |
|
Pets Abandoned Wanting Support in Motley, MN
|
|
Urban Agriculture International Program Inc in St Paul, MN
|
|
Lake City Music Boosters in Lake City, MN
|
|
Relapsing Polychondritis Awareness And Support Foundation in Anoka, MN
|
|
Foe River Basin Community Development Organization in St Paul, MN
|
| Other organizations in Minnesota | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Rochester Area Chamber Of Commerce | 220 S Broadway Ste 100, Rochester, MN 55904-6517 | MN | 1928-02 | $1,271,870 |
| 2 | Rochester Area Disabled Athletics And Recreation Inc | 539 Broadway Ave N Apt 117, Rochester, MN 55906-3608 | MN | 1985-06 | $116,445 |
| 3 | Rochester Area Economic Development Inc Redi | 220 S Broadway Ste 100, Rochester, MN 55904-6517 | MN | 1986-01 | $1,000,626 |
| 4 | Rochester Area Girls Choir | 3422 Birchwood Ln Sw, Rochester, MN 55902 | MN | 2001-04 | $10,514 |
| 5 | Rochester Area Gymnastic Academy | 4420 19th St Nw, Rochester, MN 55901-6624 | MN | 1997-07 | $5,874 |
| 6 | Rochester Area Math Sciencepartnership Inc | C/O Ata Inc 1700 North Broadway Sui, Rochester, MN 55906 | MN | 2007-07 | $57,314 |
| 7 | Rochester Area Retired Educators | 1608 9th Ave Se, Rochester, MN 55904 | MN | 1990-07 | $1,344 |
| 8 | Rochester Art Center | 40 Civic Drive Se, Rochester, MN 55904 | MN | 1947-12 | $886,245 |
| 9 | Rochester Arts & Sciences Academy Foundation | 400 5th Ave Sw, Rochester, MN 55902-3273 | MN | 2008-06 | $581,109 |
| 10 | Greater Rochester Arts And Cultural Trust | 30 Civic Center Drive Se, Rochester, MN 55904 | MN | 2007-03 | $0 |
| 11 | Rochester Better Chance Foundation | PO BOX 506, Rochester, MN 55903-0506 | MN | 1974-01 | $28,961 |
| 12 | Rochester Cemetery Association | 41 7th Ave Ne, Rochester, MN 55906-4666 | MN | 1942-01 | $309,898 |
| 13 | Rochester Chamber Of Commerce Foundation Inc | 220 S Broadway, Rochester, MN 55904-6514 | MN | 1991-01 | $267,571 |
| 14 | Rochester Community & Technical College Foundation | 851 30th Ave Se, Rochester, MN 55904-4915 | MN | 1996-11 | $4,512,550 |
| 15 | Rochester Community Youth Basketball Association Inc | PO BOX 8443, Rochester, MN 55903-8443 | MN | 1979-09 | $390,018 |
| 16 | Rochester Dairy Cooperative Employees Credit Union | 406 North Broadway, Rochester, MN 55906-3650 | MN | 1944-09 | $48,007 |
| 17 | Rochester Dance Company | PO BOX 7262, Rochester, MN 55903-7262 | MN | 2008-09 | $113,641 |
| 18 | Rochester Downtown Farmers Market Association, Rochester Downtown Farmers Market | Po Box 6554, Rochester, MN 55903 | MN | 2009-02 | $82,954 |
| 19 | Rochester Education Association | 2778 Commerce Drive Nw Ste A, Rochester, MN 55901-2262 | MN | 2000-02 | $218,648 |
| 20 | Rochester Figure Skating Club Incorporated | 21 Elton Hills Dr Nw, Rochester, MN 55901-3528 | MN | 1979-11 | $895,649 |
Organization representatives - add corrected or new information about Rochester Better Chance Foundation »
Non-representatives - add comments about Rochester Better Chance Foundation»