Gateway Youth Foundation in Albion, Nebraska (NE)
Table of contents:
| Gateway Youth Foundation | |
| Employer Identification Number (EIN) | 470846331 |
| Name of Organization | Gateway Youth Foundation |
| In Care of Name | Steve Briese Pres |
| Address | PO BOX 107, Albion, NE 68620-0107 |
| Subsection | Charitable Organization |
| Ruling Date | 04/2002 |
| Deductibility | Contributions are deductible |
| Foundation | Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 04/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $145,130 |
| Amount of Income | $93,226 |
| Form 990 Revenue Amount | $25,332 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Educational Services and Schools - Other |
Non-representatives - add comments:
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total revenue | $38,176 | $54,347 | $34,915 | $25,332 |
| Contributions, gifts, grants, and similar amounts received | $2,710 | $16,005 | $50 | $55 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $50 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $34,304 | $37,822 | $34,617 | $25,123 |
| Gross sales of inventory, less returns and allowances | $78,848 | $88,257 | $88,833 | $93,017 |
| Less: cost of goods sold | $44,544 | $50,435 | $54,216 | $67,894 |
| Other revenue | $1,162 | $470 | $248 | $154 |
| Total expenses | $35,579 | $41,140 | $40,989 | $39,587 |
| Total net assets | $152,252 | $165,459 | $159,385 | $145,130 |
| Excess/Deficit for the year | $2,597 | $13,207 | $-6,074 | $-14,255 |
| Net assets or fund balances at beginning of year | $149,655 | $152,252 | $165,459 | $159,385 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $165,459 | $159,385 | $145,130 | |
| Balance Sheets | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total assets | $152,252 | $165,459 | $159,385 | $145,130 |
| Total liabilities | $0 | $0 | $0 | $0 |
| Net assets or fund balances | $152,252 | $165,459 | $159,385 | $145,130 |
| Other Information | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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 | No | |
| Total amount involved | $0 | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $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 | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | 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 | $447,641 |
| Subtotal | $447,641 |
| Gifts, grants, contributions, and membership fees received | $18,820 |
| 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 | $428,821 |
| 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 | $450,966 |
| Public support | $447,641 |
| Subtotal | $3,325 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $3,325 |
| 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 Nebraska | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Gamma Phi Beta Sorority Inc, Gamma Kappa Chapter | 1601 Univ Dr Urn-D, Kearney, NE 68845 | NE | 1940-11 | $70,686 |
| 2 | Gamma Phi Beta Sorority Inc, Pi Chapter | 7130 S 29th Street, Lincoln, NE 68516-5841 | NE | 1959-10 | $116,717 |
| 3 | Gamma Phi Beta Sorority Inc, Pi Hcb | 7130 S 29th St Ste F, Lincoln, NE 68516-5841 | NE | 1940-11 | $580,720 |
| 4 | Garden County Health Services Foundation | 1100 W 2nd St, Oshkosh, NE 69154-6096 | NE | 2005-03 | $36,465 |
| 5 | Gardner Denver Machinery Inc Voluntary Employees Bene Assn | 1248 O St 4t, Lincoln, NE 68508 | NE | 1997-06 | $19,885,920 |
| 6 | Gardner Foundation | 307 Main St, Wakefield, NE 68784-6026 | NE | 1990-06 | $5,790,027 |
| 7 | Garfield County Foundation Inc | PO BOX 310, Burwell, NE 68823-0310 | NE | 1969-10 | $3,137 |
| 8 | Gateway Development Corporation | 1301 Harney St, Omaha, NE 68102-1832 | NE | 1991-11 | $186,580 |
| 9 | Gateway Manor Foundation | 225 N 56th St, Lincoln, NE 68504-3519 | NE | 1992-11 | $10,863 |
| 10 | Gateway Manor Inc | 530 S 13th St Ste 100, Lincoln, NE 68508-2710 | NE | 1977-12 | $437,497 |
| 11 | Gateway Youth Foundation | PO BOX 107, Albion, NE 68620-0107 | NE | 2002-04 | $93,226 |
| 12 | Gbt Development Corporation | PO BOX 4627, Omaha, NE 68104-0627 | NE | 2000-03 | $362,691 |
| 13 | Gellermann Charitable Trust | PO BOX 81667, Lincoln, NE 68501-1667 | NE | 2000-09 | $42,969 |
| 14 | Gene Farrell Memorial Charitable Trust 20424000 | 1248 O St Mac N8032-042, Lincoln, NE 68508 | NE | 1982-11 | $33,521 |
| 15 | Genesis Foundation Inc | 3223 N 45th St, Omaha, NE 68104-3711 | NE | 1997-09 | $195,766 |
| 16 | Genesis House | 474 N 12th St, David City, NE 68632-1806 | NE | 2001-03 | $34,337 |
| 17 | Geneva Cemetery Association | PO BOX 313, Geneva, NE 68361-0313 | NE | 1945-05 | $35,480 |
| 18 | Genoa Medical Services Foundation | PO BOX 421, Genoa, NE 68640-0421 | NE | 1993-04 | $13,841 |
| 19 | George E & Pearl Palling Scholarship Tr 1019 55491100 | 1919 Douglas St 2nd Fl Macn8000 027, Omaha, NE 68102-1310 | NE | 2002-06 | $65,071 |
| 20 | George F Murphy Tuw | 1919 Douglas St 2nd Flr Mac, Omaha, NE 68102-1310 | NE | 2001-06 | $2,296,073 |



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