North Star Foundation Inc in Las Vegas, Nevada (NV)
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
| North Star Foundation Inc | |
| Employer Identification Number (EIN) | 880341597 |
| Name of Organization | North Star Foundation Inc |
| In Care of Name | Steven P Shearing Pres |
| Address | 1027 S Rainbow Blvd Ste 325, Las Vegas, NV 89145-6232 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 03/1996 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2013 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $9,820 |
| Amount of Income | $14 |
| Form 990 Revenue Amount | $-95,631 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards |
Non-representatives - add comments:
Amount of income in 2013: $14 (it was $-95,631 in 2012)
| This organization: | $14 |
| Other organizations performing similar types of work: | $72,336 |
Assets in 2013: $9,820 (it was $13,646 in 2012)
| This organization: | $9,820 |
| Other organizations performing similar types of work: | $239,394 |
Expenses in 2012: $3,875
| North Star Foundation Inc: | $3,875 |
| Other organizations performing similar types of work: | $40,888 |
Income to expenses ratio in 2012: 0.0
| This organization: | 0.0 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2012: -0.0%
| This organization: | -0.0% |
| Other organizations performing similar types of work: | 0.1% |
Expenses 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 | $-95,631 | $-95,631 | $-95,631 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $7 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $-95,638 | |||
| Total expenses and disbursements | $3,875 | $0 | $25 | $3,850 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $25 | $0 | $0 | |
| Contributions, gifts, grants paid | $3,850 | |||
| Excess of revenue over expenses and disbursements | $-99,506 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $13,646 | $13,646 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $13,646 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $13,646 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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? | No |
| 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 | $54,776 |
| Net value of noncharitable-use assets | $53,960 |
| Minimum investment return | $2,698 |
| Distributable Amount (for 2012) | |
| Distributable amount | $2,698 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $2,698 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $2,698 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| 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 |
| Floyd Mayweather Foundation in Las Vegas, NV |
Just Faith Ministries in Las Vegas, NV
 |
A Place Called Home in Las Vegas, NV
 |
|
Bernie Buckley Memorial Golf Tournament in Las Vegas, NV
|
|
Las Vegas Railroad Society in Las Vegas, NV
|
|
Southern Nevada Stamp Club in Las Vegas, NV
|
|
Autism Community Trust Inc in Las Vegas, NV
|
|
Community Counseling Center in Las Vegas, NV
|
|
Saint Gabriel Feline Foundation in Las Vegas, NV
|
| Health For All Mission in Las Vegas, NV |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Sylvester H Reed Memorial Trust | PO BOX 1111, Pflugerville, TX 78691-1111 | TX | 1998-01 | $1,242,927 |
| 2 | Terry Foundation | 3104 Edloe, Houston, TX 77027-6098 | TX | 1997-07 | $305,792,014 |
| 3 | Louis L Borick Foundation | 2707 Kipling St, Houston, TX 77098-1214 | TX | 1997-07 | $86,100,330 |
| 4 | Wichita Center For Graduate Medical Education Inc | 1010 N Kansas St, Wichita, KS 67214-3124 | KS | 1990-08 | $23,498,748 |
| 5 | The Frank M And Gertrude R Doyle Foundation Inc | 3495 Lakeside Drive Number 34, Reno, NV 89509-4841 | NV | 1997-01 | $9,429,454 |
| 6 | Nicholas And Dorothy Cummings Foundation, Cummings Foundation | 561 Keystone Ave 305, Reno, NV 89503-4304 | NV | 1995-08 | $217,000 |
| 7 | A Charitable Foundation Corporation | 2657 Windmill Pkwy Ste 220, Henderson, NV 89074-3384 | NV | 1997-12 | $145,386 |
| 8 | Reno Rotary Foundation | 4745 Caughlin Pkwy Ste 200, Reno, NV 89519-0972 | NV | 1992-09 | $138,112 |
| 9 | Joshua L Anderson Memorial Scholarship Foundation, Anderson Eric J Ttee | 1318 Wolf Run Rd, Reno, NV 89511-4772 | NV | 1993-03 | $65,725 |
| 10 | Mary Orcutt Memorial Scholarship Foundation | 2509 Bohr Rd, Carson City, NV 89706-0438 | NV | 1998-02 | $37,655 |
| 11 | Kiwanis Club Of Las Vegas Foundation | PO BOX 400502, Las Vegas, NV 89140-0502 | NV | 1997-05 | $351 |
| 12 | Lin Family Foundation | 11700 W Charleston Blvd 170-18, Las Vegas, NV 89135-1573 | NV | 1997-08 | $71 |
| 13 | North Star Foundation Inc | 1027 S Rainbow Blvd Ste 325, Las Vegas, NV 89145-6232 | NV | 1996-03 | $14 |
| 14 | Circle Of Power | 8343 Drop Camp St, Las Vegas, NV 89123-2612 | NV | 1996-01 | $0 |
| 15 | Louis Jordan Commerorative Scholarship Foundation | 2851 S Valley View 1132b, Las Vegas, NV 89102-0139 | NV | 1994-05 | $0 |
| 16 | Marilyn-Elaine Kiwanis Scholarship Fund | Po Box922, Carson City, NV 89702 | NV | 1994-07 | $0 |
| 17 | Matys Bros Music Award Foundation | 620 Sage St Apt 1, Elko, NV 89801-3277 | NV | 1997-09 | $0 |
| 18 | Reno Elks Lodge Foundation Inc | 597 Kumle Ln, Reno, NV 89509-5501 | NV | 1997-05 | $0 |
| 19 | S E W Scholarships Education For Women Private Foundation, S E W | PO BOX 50392, Henderson, NV 89016-0392 | NV | 1996-04 | $0 |
| 20 | Usnp Inc | 104 N 21st St, Las Vegas, NV 89101-4502 | NV | 1998-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 3,412 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about North Star Foundation Inc »
Non-representatives - add comments about North Star Foundation Inc»