Franklin Home For The Aged Association in Franklin, New Hampshire (NH)
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
- Organizations performing similar types of work
| Franklin Home For The Aged Association | |
| Employer Identification Number (EIN) | 020202330 |
| Name of Organization | Franklin Home For The Aged Association |
| Address | 24 Peabody Pl, Franklin, NH 03235-1607 |
| Activities | Housing for the aged (see also 153) |
| Subsection | Charitable Organization |
| Ruling Date | 03/1995 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation exempt from paying excise taxes on investment income |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $2,783,997 |
| Amount of Income | $3,447,437 |
| Form 990 Revenue Amount | $2,189,297 |
| National Taxonomy of Exempt Entities (NTEE) | Housing, Shelter: Senior Citizens' Housing/Retirement Communities |
Non-representatives - add comments:
Amount of income in 2013: $3,447,437 (it was $2,465,371 in 2012)
| This organization: | $3,447,437 |
| Other organizations performing similar types of work: | $273,064 |
Assets in 2013: $2,783,997 (it was $2,492,552 in 2012)
| Franklin Home For The Aged Association: | $2,783,997 |
| Other organizations performing similar types of work: | $2,005,179 |
Expenses in 2012: $2,112,033
| Franklin Home For The Aged Association: | $2,112,033 |
| Other organizations performing similar types of work: | $358,187 |
Income to expenses ratio in 2012: 1.6
| Franklin Home For The Aged Association: | 1.6 |
| Other organizations performing similar types of work: | 0.8 |
Revenue for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $2,004,256 | $102,775 | $1,964,472 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $4,118 | |||
| Dividends and interest from securities | $58,873 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $1,901,481 | |||
| Other | $39,784 | |||
| Total expenses and disbursements | $2,112,033 | $12,000 | $2,100,033 | $0 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $2,112,033 | $12,000 | $0 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-107,777 | |||
| Net investment income | $90,775 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,492,552 | $2,629,510 |
| Cash - non-interest-bearing | $-173 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $1,648,127 | |
| Other | $844,598 | |
| Total liabilities | $91,741 | |
| Mortgages and other notes payable | $0 | |
| Other | $91,741 | |
| Total liabilities and net assets/fund balances | $2,400,811 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $39,784 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| 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 2012 or the taxable year beginning in 2012? | Yes |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| 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 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | 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 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $1,903,388 |
| Net value of noncharitable-use assets | $1,874,840 |
| Minimum investment return | $93,742 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $1 | $92,639 | $65,056 | $46,491 | $204,186 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $1 | $0 | $0 | $0 | $1 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $62,495 | $61,759 | $60,159 | $57,087 | $241,500 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Plymouth Area Community Closet in Plymouth, NH
  |
|
Dover Womenaid in Dover, NH
|
|
Clf Equestrian Team in New Durham, NH
|
|
The Area Choir Inc in Newport, NH
|
| Wounded Warriors At 45 North in Pittsburg, NH |
|
Family Promise Of Greater Concord Inc in Concord, NH
|
| Yogacaps Inc in Merrimack, NH |
|
Friends Of The Milton Free Public Library Inc in Milton Mills, NH
|
|
International Minority Hub in Manchester, NH
|
|
Veterans In Performing Arts -Vipa in Portsmouth, NH
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Franklin Home For The Aged Association | 24 Peabody Pl, Franklin, NH 03235-1607 | NH | 1995-03 | $3,447,437 |
| 2 | Fargo Senior Center Inc | 868 Fargo Ave, San Leandro, CA 94579-2157 | CA | 1971-02 | $701,869 |
| 3 | Enterprise Housing Inc, Enterprise Housing - Brandywine Inc | 833 W Main St, Carmel, IN 46032-1429 | IN | 1993-05 | $436,508 |
| 4 | Ahepa 53-Iii Inc | 3607 Lemay Ferry Rd, St Louis, MO 63125-4561 | MO | 2008-06 | $273,064 |
| 5 | Franklin Foundation Of Kettering Park Two Inc | 2000 Bethel Rd Ste D, Columbus, OH 43220-5810 | OH | 2003-09 | $150,387 |
| 6 | Choctaw Hugo Properties Inc | 1005 S 5th St, Hugo, OK 74743-8013 | OK | 2007-08 | $92,880 |
| 7 | Tupqich Elder Apartments Inc | 480 W Tudor Rd, Anchorage, AK 99503-6614 | AK | 2005-11 | $69,148 |
| 8 | Kind Hearts Corporation Inc, Kind Hearts | PO BOX 84, Tracys Lndg, MD 20779-0084 | MD | 2001-12 | $31,200 |
| 9 | Harbor House Inc | 142 Pinehill Trail W, Tequesta, FL 33469 | FL | 1999-06 | $0 |
| 10 | Rockville Redevelopment Corporation | 160 N Centre Ave, Rockville Ctr, NY 11570-3907 | NY | 2007-12 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||
|
| ||||||||||||||||||||
| Total | 10 | ||||||||||||||||||||
Organization representatives - add corrected or new information about Franklin Home For The Aged Association »
Non-representatives - add comments about Franklin Home For The Aged Association»