Parsippany-Troy Hills Public Library Foundation Inc, Beline Jayne Ttee in Parsippany, New Jersey (NJ)

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Parsippany-Troy Hills Public Library Foundation Inc, Beline Jayne Ttee
Employer Identification Number (EIN)510441521
Name of OrganizationParsippany-Troy Hills Public Library Foundation Inc
Secondary NameBeline Jayne Ttee
In Care of NameJayne Beline
Address449 Halsey Rd, Parsippany, NJ 07054-5203
SubsectionCharitable Organization
Ruling Date09/2009
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$33,971
Amount of Income$10,491
Form 990 Revenue Amount$10,491
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Single Organization Support


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Amount of income in 2013: $10,491 (it was $24,865 in 2012)
Parsippany-Troy Hills Public Library Foundation Inc, Beline Jayne Ttee: 

 $10,491
Other organizations performing similar types of work: 

 $69,198

Assets in 2013: $33,971 (it was $50,405 in 2012)
This organization: 

 $33,971
Other organizations performing similar types of work: 

 $35,127

Expenses in 2013: $26,927
This organization: 

 $26,927
Other organizations performing similar types of work: 

 $43,494

Income to expenses ratio in 2013: 0.4
This organization: 

 0.4
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 99.7%
Parsippany-Troy Hills Public Library Foundation Inc, Beline Jayne Ttee: 

 99.7%
Other organizations performing similar types of work: 

 4.5%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$5,371$24,865$10,491
Contributions, gifts, grants, and similar amounts received$5,311$24,811$10,461
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$60$54$30
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$7,401$34,088$26,927
Total net assets$59,124$50,405$33,971
Excess/Deficit for the year$-2,030$-9,223$-16,436
Net assets or fund balances at beginning of year$61,154$59,124$50,405
Other changes in net assets or fund balances$0$504$2
Net assets or fund balances at end of year$50,405$33,971
Balance Sheets
201120122013
Total assets$59,124$50,405$33,971
Total liabilities$0$0$0
Net assets or fund balances$59,124$50,405$33,971
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$0
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2Slocomb Band Boosters IncPO BOX 376, Slocomb, AL 36375-0376AL2006-12$54,892
3Golda Och Academy Foundation Inc1418 Pleasant Valley Way, West Orange, NJ 07052-1313NJ1996-12$6,297,827
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5Nca Facility Inc60 Park Pl Ste 802, Newark, NJ 07102-5508NJ2011-10$864,507
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8Friends Of Academy Charter High School1725 Main St, Lake Como, NJ 07719-3051NJ1999-09$374,172
9Haworth Home And School Association Inc205 Valley Rd, Haworth, NJ 07641-1218NJ2009-07$284,018
10Welch Fund For Harvard Tr, Winokur Herbert S Ttee4 Gatehill Dr, Parsippany, NJ 07054-4518NJ2002-10$270,000
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Number of organizations performing similar types of work
Alaska41
Alabama111
Arkansas94
Arizona179
California1,277
Colorado207
Connecticut127
District of Columbia38
Delaware35
Florida415
Georgia335
Hawaii46
Iowa159
Idaho60
Illinois374
Indiana214
Kansas79
Kentucky181
Louisiana100
Massachusetts319
Maryland139
Maine54
Michigan326
Minnesota302
Missouri193
Mississippi45
Montana61
North Carolina343
North Dakota19
Nebraska62
New Hampshire72
New Jersey372
New Mexico65
Nevada34
New York493
Ohio460
Oklahoma127
Oregon181
Pennsylvania430
Rhode Island28
South Carolina136
South Dakota34
Tennessee231
Texas1,212
Utah48
Virginia275
Vermont32
Washington301
Wisconsin229
West Virginia67
Wyoming20
International14
Total10,796

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