Quarterback Foundation in Las Vegas, Nevada (NV)

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Quarterback Foundation
Employer Identification Number (EIN)201688001
Name of OrganizationQuarterback Foundation
In Care of NameStan Wasserkrug
Address2320 Paseo Del Prado Ste B305, Las Vegas, NV 89102-4335
SubsectionCharitable Organization
Ruling Date12/2005
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2010
Assets$1 to $9,999
Income$0
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$1
Amount of Income$0
Form 990 Revenue Amount$0
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Student Services, Organizations of Students


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Amount of income in 2010: $0 (it was $1 in 2009)
Quarterback Foundation: 

 $0
Other organizations performing similar types of work: 

 $85,334

Assets in 2010: $1 (it was $164 in 2009)
This organization: 

 $1
Other organizations performing similar types of work: 

 $44,771

Expenses in 2010: $0
Quarterback Foundation: 

 $0
Other organizations performing similar types of work: 

 $64,634
Analysis of Revenue and Expenses (for 2010)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$0$0$0
Total expenses and disbursements$0$0$0$0
Excess of revenue over expenses and disbursements$0
Net investment income$0
Adjusted net income$0
Balance Sheets (for 2010)
Book ValueFair Market Value
Total assets$1$0
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$1
Total liabilities$0
Total liabilities and net assets/fund balances$0
Capital Gains and Losses for Tax on Investment Income (for 2010)
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income (for 2010)
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
Amount to be credited to 2011 estimated tax$0
Statements Regarding Activities (for 2010)
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?Yes
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 2010 or the taxable year beginning in 2010?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2010)
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 2010, did the foundation have any undistributed income for tax year(s) beginning before 2010?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 2010)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$0
Net value of noncharitable-use assets$0
Minimum investment return$0
Distributable Amount (for 2010)
Distributable amount$0
Undistributed Income (for 2010)
Distributable amount for 2010$0
Undistributed income for 2010. This amount must be distributed in 2011$0
Private Operating Foundations (for 2010)
2010200920082007Total
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
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Fengzheng Cultural Foundation2392 Brockton Way, Henderson, NV 89074-5461NV2013-02$107,303
2Ohana Matters Foundation7639 Rafter Ct, Las Vegas, NV 89139-8724NV2010-10$2,000
3All Students Academic PartnershipPO BOX 30022, Las Vegas, NV 89173-0022NV2002-03$0
4American Student Dental Association1001 Shadow Lane Mail Stop 7410, Las Vegas, NV 89106-4124NV1971-10$0
5Atlas Initiative Group Inc3993 Spring Mountain Rd 124, Las Vegas, NV 89102NV2013-03$0
6Eagle Home School Co-Op Inc1900 Joy Lake Road, Reno, NV 89511NV2008-05$0
7Great Basin Co-Op Testing LaboratoryPo Box 531, Lovelock, NV 89419NV2010-08$0
8Harvard Club Of Northern Nevada And The SierraPo Box 17837, Reno, NV 89511NV2014-07$0
9Home Schools United Plus Extra Curriculum & Field Trips701 Raintree Ln, Las Vegas, NV 89107-1245NV1997-06$0
10Katherine Dunn Pfo1135 O Callaghan Dr, Sparks, NV 89434-0712NV2000-04$0
11Keeping Youth Educated Inc Kye Inc1264 Moon Vision St, Henderson, NV 89052-4007NV2014-07$0
12Making The Grade Inc11245 Torino Way, Reno, NV 89521NV2014-05$0
13Music Back In Schools4425 E Sahara Avenue, Las Vegas, NV 89104NV2014-07$0
14Nevada Affordable Student Housing Corporation1535 Old Hot Springs Rd Ste 50, Carson City, NV 89706-0679NV2006-05$0
15Parent Citywide African American Educational Focus Group5416 Banjo Street, Las Vegas, NV 89107NV2003-11$0
16Project School DaysP O Box 3052, Gardnerville, NV 89410NV1998-11$0
17Quarterback Foundation2320 Paseo Del Prado Ste B305, Las Vegas, NV 89102-4335NV2005-12$0
18Samoan Affairs Of Nevada, Association Samoa In NevadaPO BOX 26991, Las Vegas, NV 89126NV2012-03$0
19Siverstate Education Community Development Corporation1609 E Hammer Ln, N Las Vegas, NV 89081-2474NV2014-08$0
20Top Pick Sports2617 Chateau Clermont, Henderson, NV 89044NV2012-08$0
Number of organizations performing similar types of work
Alaska4
Alabama44
Arkansas18
Arizona44
California358
Colorado52
Connecticut46
District of Columbia29
Delaware21
Florida143
Georgia124
Hawaii17
Iowa22
Idaho11
Illinois90
Indiana58
Kansas26
Kentucky31
Louisiana43
Massachusetts82
Maryland77
Maine13
Michigan95
Minnesota60
Missouri50
Mississippi23
Montana12
North Carolina88
North Dakota4
Nebraska16
New Hampshire11
New Jersey83
New Mexico21
Nevada25
New York181
Ohio85
Oklahoma30
Oregon31
Pennsylvania101
Rhode Island14
South Carolina39
South Dakota7
Tennessee50
Texas232
Utah13
Virginia80
Vermont14
Washington63
Wisconsin47
West Virginia10
Wyoming8
International5
Total2,851

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