Lott Foundation in New York, New York (NY)
Table of contents:
| Lott Foundation | |
| Employer Identification Number (EIN) | 263596507 |
| Name of Organization | Lott Foundation |
| In Care of Name | James Janeski |
| Address | 1261 Fifth Avenue, New York, NY 10029-3822 |
| Subsection | Charitable Organization |
| Ruling Date | 11/2009 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $275,406 |
| Amount of Income | $94,785 |
| Form 990 Revenue Amount | $61,080 |
| National Taxonomy of Exempt Entities (NTEE) | Housing, Shelter: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2013: $94,785 (it was $96,069 in 2012)
| This organization: | $94,785 |
| Other organizations performing similar types of work: | $102,818 |
Assets in 2013: $275,406 (it was $222,903 in 2012)
| This organization: | $275,406 |
| Other organizations performing similar types of work: | $155,017 |
Expenses in 2013: $4,431
| This organization: | $4,431 |
| Other organizations performing similar types of work: | $91,884 |
Income to expenses ratio in 2013: 21.4
| This organization: | 21.4 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 155.2%
| Lott Foundation: | 155.2% |
| Other organizations performing similar types of work: | 100.0% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $65,955 | $81,457 | $61,080 |
| Contributions, gifts, grants, and similar amounts received | $48,865 | $60,544 | $94,785 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $17,090 | $20,913 | $-33,705 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $29,050 | $35,525 | $0 |
| Less: direct expenses from gaming and fundraising events | $11,960 | $14,612 | $33,705 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $6,323 | $4,624 | $4,431 |
| Total net assets | $141,924 | $218,757 | $275,406 |
| Excess/Deficit for the year | $59,632 | $76,833 | $56,649 |
| Net assets or fund balances at beginning of year | $82,292 | $141,924 | $218,757 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $218,757 | $275,406 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $146,070 | $222,903 | $275,406 |
| Total liabilities | $4,146 | $4,146 | $0 |
| Net assets or fund balances | $141,924 | $218,757 | $275,406 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | 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 | |
| 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? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $336,988 |
| Subtotal Support | $336,988 |
| Gifts, grants, contributions, and membership fees received | $336,988 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $336,988 |
| Public Support | $336,988 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $38,003 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Enterprise Community Investment Inc | 11000 Broken Land Pkwy Ste 700, Columbia, MD 21044-3535 | MD | 2012-06 | $50,196,845 |
| 2 | Housing Affordability Trust | 800 Shades Creek Pkwy Ste 225, Birmingham, AL 35209-4526 | AL | 2014-09 | $14,183,772 |
| 3 | Empowerment Project | 1201 Page Drive, Fargo, ND 58103-2337 | ND | 2014-08 | $2,500,000 |
| 4 | Cucs Initiatives Inc | 198 E 121st St, New York, NY 10035-3523 | NY | 2007-01 | $1,033,872 |
| 5 | Tabitha Alf Real Estate Holding Inc | 4620 Randolph St, Lincoln, NE 68510-3716 | NE | 2011-09 | $930,403 |
| 6 | From The Heart Fund | 359 Spook Rock Rd, Suffern, NY 10901-5314 | NY | 2014-06 | $210,485 |
| 7 | Caritas Housing Corporation, Caritas Housing | 90 Cherry Ln, Hicksville, NY 11801-6232 | NY | 2013-04 | $102,818 |
| 8 | Lott Foundation | 1261 Fifth Avenue, New York, NY 10029-3822 | NY | 2009-11 | $94,785 |
| 9 | Nysar Housing Opportunities Foundation Inc | 130 Washington Ave, Albany, NY 12210-2219 | NY | 2005-04 | $82,785 |
| 10 | American Russian Children Home Foundation Inc | 30 Central Park South, New York, NY 10019-1628 | NY | 2012-06 | $16,160 |
| 11 | New York Congregational Home For The Aged Foundation | 135 Linden Blvd, Brooklyn, NY 11226-3302 | NY | 2004-04 | $1,262 |
| 12 | Anchor Building Fund Inc | P O Box 258, Rockville Centre, NY 11571 | NY | 2010-12 | $0 |
| 13 | Hopelines Homeless Relief Fund Inc | 208 E 51st Street Suite 208, New York, NY 10022-6557 | NY | 2014-11 | $0 |
| 14 | Isabella Housing Foundation | 205 Springville Road, Hampton Bays, NY 11946 | NY | 2012-05 | $0 |
| 15 | Love & Care Ministry Inc | 5405 Thompson Rd, Clarence, NY 14031 | NY | 2014-12 | $0 |
| 16 | Nassau County Criminal Courts Bar Foundation | 1103 Stewart Ave Ste 200, Garden City, NY 11530-4886 | NY | 2015-03 | $0 |
| 17 | Planet Habitat Inc, Pluto | 2109 Broadway - Ste 7-104, New York, NY 10023 | NY | 2013-03 | $0 |
| 18 | Race2rebuild Inc | 429 Lincoln Road 2f, Brooklyn, NY 11225 | NY | 2014-08 | $0 |
| 19 | Ralph J Rangel Community Association Inc | 159-48 Harlem River Drive, New York, NY 10039 | NY | 2014-05 | $0 |
| 20 | Tuck Harvey Foundation Inc | 360 E Shore Rd, Great Neck, NY 11023-2402 | NY | 2012-07 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 142 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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