Spenser Somers Foundation in Edina, Minnesota (MN)
Table of contents:
| Spenser Somers Foundation | |
| Employer Identification Number (EIN) | 411990944 |
| Name of Organization | Spenser Somers Foundation |
| In Care of Name | Christopher S Davis |
| Address | 5221 Wooddale Ave, Edina, MN 55424-1311 |
| Subsection | Charitable Organization |
| Ruling Date | 07/2001 |
| 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 | 12/2013 |
| Assets | $10,000 to $24,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $12,248 |
| Amount of Income | $37,841 |
| Form 990 Revenue Amount | $25,966 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations |
Non-representatives - add comments:
Amount of income in 2013: $37,841 (it was $32,300 in 2012)
| This organization: | $37,841 |
| Other organizations performing similar types of work: | $71,328 |
Assets in 2013: $12,248 (it was $6,324 in 2012)
| Spenser Somers Foundation: | $12,248 |
| Other organizations performing similar types of work: | $50,799 |
Expenses in 2013: $20,042
| Spenser Somers Foundation: | $20,042 |
| Other organizations performing similar types of work: | $47,311 |
Income to expenses ratio in 2013: 1.9
| Spenser Somers Foundation: | 1.9 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 57.2%
| Spenser Somers Foundation: | 57.2% |
| Other organizations performing similar types of work: | 7.7% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $20,069 | $18,708 | $25,966 |
| Contributions, gifts, grants, and similar amounts received | $6,143 | $8,456 | $14,841 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $13,926 | $10,252 | $11,125 |
| Gross income from gaming | $21,748 | $23,844 | $23,000 |
| Gross income from fundraising events | $0 | $0 | $0 |
| Less: direct expenses from gaming and fundraising events | $7,822 | $13,592 | $11,875 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $31,642 | $18,605 | $20,042 |
| Total net assets | $6,221 | $6,324 | $12,248 |
| Excess/Deficit for the year | $-11,573 | $103 | $5,924 |
| Net assets or fund balances at beginning of year | $17,794 | $6,221 | $6,324 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $6,324 | $12,248 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $6,221 | $6,324 | $12,248 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $6,221 | $6,324 | $12,248 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| 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 2013) | |
| 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 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $179,718 |
| Subtotal | $179,718 |
| Gifts, grants, contributions, and membership fees received | $66,636 |
| 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 | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $113,082 |
| 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 | $179,718 |
| Public support | $179,718 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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 |
Amazing Hope in Edina, 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
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Roswell Park Alliance Foundation | Elm And Carlton St, Buffalo, NY 14263-0001 | NY | 1996-08 | $28,110,672 |
| 2 | Science Foundation Arizona | 400 E Van Buren St Ste 220, Phoenix, AZ 85004-2223 | AZ | 2006-11 | $7,919,015 |
| 3 | St Andrews Charitable Foundation | 6633 Delmar Blvd, St Louis, MO 63130-4505 | MO | 2008-01 | $1,344,641 |
| 4 | Tma Support Corporation | 2427 M L K Jr Ave Se, Washington, DC 20020-5815 | DC | 2006-10 | $709,645 |
| 5 | Rotary Club Of Coralsprings-Parkland Foundation Inc | 11873 Nw 2nd Ct, Coral Springs, FL 33071-8017 | FL | 2007-03 | $57,467 |
| 6 | Nexus Community Partners | 2314 University Ave W Ste 18, Saint Paul, MN 55114-1863 | MN | 2011-03 | $1,305,294 |
| 7 | Trinity First Lutheran School Charitable Trust And Foundation | 1115 E 19th Street, Minneapolis, MN 55404 | MN | 2008-03 | $1,101,780 |
| 8 | Tix For Tots | PO BOX 4086, Saint Paul, MN 55104-0086 | MN | 2002-02 | $1,027,619 |
| 9 | Chatfield Firefighters Activities Association Inc | 21 2nd St Se, Chatfield, MN 55923-1204 | MN | 2011-09 | $958,706 |
| 10 | Prior Lake Rotary Foundation | Po Box271, Prior Lake, MN 55372 | MN | 2011-06 | $912,092 |
| 11 | Friends Of Peb Inc | 340 5th Ave S, Saint Cloud, MN 56301-4316 | MN | 2009-01 | $747,477 |
| 12 | Charity Aware | 539 Bielenberg Dr Ste 110, Woodbury, MN 55125-4437 | MN | 2012-08 | $693,242 |
| 13 | Wayzata Sailing Foundation | PO BOX 768, Wayzata, MN 55391-0768 | MN | 2001-08 | $547,599 |
| 14 | Compelled | Po Box 221, Glenwood, MN 56334 | MN | 2009-10 | $502,891 |
| 15 | Lakes Area Nonprofit Support Foundation | 826 Summit Ave, Detroit Lakes, MN 56501-2905 | MN | 2011-05 | $483,681 |
| 16 | Convergence Events Inc | 1121 Jackson St Ne Ste 106, Minneapolis, MN 55413-1582 | MN | 2010-04 | $460,231 |
| 17 | The Possabilities Foundation | 1808 Third Ave Se, Rochester, MN 55904-7948 | MN | 2002-06 | $421,654 |
| 18 | The Twin Cities Christian Foundation | 730 2nd Ave S, Minneapolis, MN 55402-3400 | MN | 1998-06 | $387,089 |
| 19 | Samaritan Way | 19463 Evans St Nw, Elk River, MN 55330-1074 | MN | 2011-08 | $385,124 |
| 20 | St John Lutheran Home Foundation | 201 S County Road 5, Springfield, MN 56087-2102 | MN | 1985-12 | $317,763 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 13,855 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Spenser Somers Foundation »
Non-representatives - add comments about Spenser Somers Foundation»