Tesfa Foundation in Minneapolis, Minnesota (MN)
Table of contents:
| Tesfa Foundation | |
| Employer Identification Number (EIN) | 753168235 |
| Name of Organization | Tesfa Foundation |
| Address | 1516 West Lake Street, Minneapolis, MN 55408-2554 |
| Subsection | Educational Organization |
| Ruling Date | 07/2006 |
| 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 | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $100,577 |
| Amount of Income | $8,455 |
| Form 990 Revenue Amount | $8,455 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Education (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $75,174 | $152,624 | $98,855 |
| Contributions, gifts, grants, and similar amounts received | $75,174 | $152,027 | $60,642 |
| 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 | $0 | $597 | $37,233 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $0 | $4,700 | $37,233 |
| Less: direct expenses from gaming and fundraising events | $0 | $4,103 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $980 |
| Gross sales of inventory, less returns and allowances | $0 | $0 | $980 |
| Less: cost of goods sold | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $82,683 | $75,029 | $62,768 |
| Total net assets | $29,538 | $107,133 | $143,302 |
| Excess/Deficit for the year | $-7,509 | $77,595 | $36,087 |
| Net assets or fund balances at beginning of year | $37,047 | $29,538 | $107,133 |
| Other changes in net assets or fund balances | $0 | $0 | $82 |
| Net assets or fund balances at end of year | $107,133 | $143,302 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $29,538 | $107,133 | $143,302 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $29,538 | $107,133 | $143,302 |
| 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 | $362,869 |
| Subtotal | $442,246 |
| Gifts, grants, contributions, and membership fees received | $404,033 |
| 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 | $38,213 |
| 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 | $79,377 |
| Amounts received from disqualified persons | $79,377 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $442,246 |
| Public support | $442,246 |
| 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 |
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| Other organizations in Minnesota | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Teatro Del Pueblo Inc | 209 W Page St Ste 208, St Paul, MN 55107-3457 | MN | 1994-07 | $150,067 |
| 2 | Teddy Bear Park Foundation | 120 Wilkins St W, Stillwater, MN 55082-4054 | MN | 2005-09 | $7,502 |
| 3 | Teddy Bears With Two Eyes Inc, Teddy Bears With Two Eyes | 5650 Newell Circle North, Oak Park Heights, MN 55082-5493 | MN | 2000-06 | $4,780 |
| 4 | Teens Alone Inc | 915 Mainstreet, Hopkins, MN 55343-7515 | MN | 1995-03 | $466,114 |
| 5 | Teenworks | 5401 Gamble Dr Ste 275, St Louis Park, MN 55416-1572 | MN | 2009-06 | $126,478 |
| 6 | Temple Israel Trust | 2324 Emerson Ave S, Minneapolis, MN 55405-2635 | MN | 1972-08 | $15,837 |
| 7 | Ten Mile Lake Association Inc | PO BOX 412, Hackensack, MN 56452-0412 | MN | 1986-01 | $139,387 |
| 8 | Ten Thousand Things | 3153 36th Ave S, Minneapolis, MN 55406-2126 | MN | 1995-10 | $551,527 |
| 9 | Terhuly Foundation | 2565 Walnut St, Roseville, MN 55113-2522 | MN | 1995-10 | $2,265,949 |
| 10 | Terra Et Educare Foundation | 4421 Claremore Dr, Edina, MN 55435-4135 | MN | 1995-10 | $318,866 |
| 11 | Tesfa Foundation | 1516 West Lake Street, Minneapolis, MN 55408-2554 | MN | 2006-07 | $8,455 |
| 12 | Textile Center Of Minnesota | 3000 University Avenue Se, Minneapolis, MN 55414-3356 | MN | 1995-01 | $654,606 |
| 13 | Thaler Family Foundation | 3316 Williams Ln, Minnetrista, MN 55364-9461 | MN | 2008-02 | $473,402 |
| 14 | Thanksgiving Meals On Wheels Inc | 1060 Prior Ave S, Saint Paul, MN 55116-2563 | MN | 1983-08 | $122,075 |
| 15 | The 1006 Summit Avenue Society Inc | 1006 Summit Ave, Saint Paul, MN 55105-3033 | MN | 1983-04 | $67,334 |
| 16 | The Advocates For Human Rights | 330 2nd Ave S Ste 800, Minneapolis, MN 55401-2447 | MN | 1984-06 | $1,605,843 |
| 17 | The Afscme Building Corporation | 300 Hardman Ave, South St Paul, MN 55075 | MN | 1995-11 | $626,806 |
| 18 | The American Bear Association | PO BOX 77, Orr, MN 55771-0077 | MN | 1995-11 | $293,935 |
| 19 | The Andermax Foundation | PO BOX 25012, Woodbury, MN 55125-0012 | MN | 2006-08 | $0 |
| 20 | The Arc Of Minnesota Inc | 800 Transfer Rd Ste 7a, Saint Paul, MN 55114-1414 | MN | 1971-06 | $1,149,358 |
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