Omalley Foundation Inc in Amawalk, New York (NY)
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
- Other organizations in New York
| Omalley Foundation Inc | |
| Employer Identification Number (EIN) | 133447954 |
| Name of Organization | Omalley Foundation Inc |
| Address | 3 Old Farm Rd, Amawalk, NY 10501-1101 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 08/1988 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 12/2012 |
| Assets | $10,000 to $24,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $21,167 |
| Amount of Income | $150,000 |
| Form 990 Revenue Amount | $1,414,771 |
Non-representatives - add comments:
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 | $150,000 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $150,000 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $1,030,100 | $0 | $0 | $1,030,000 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $100 | $0 | $0 | |
| Contributions, gifts, grants paid | $1,030,000 | |||
| Excess of revenue over expenses and disbursements | $-880,100 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $21,167 | $21,167 |
| Cash - non-interest-bearing | $21,167 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $21,167 | |
| 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 | $656,621 |
| Net value of noncharitable-use assets | $646,780 |
| Minimum investment return | $32,339 |
| Distributable Amount (for 2012) | |
| Distributable amount | $32,339 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $32,339 |
| 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 | $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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| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Olivet-St Vincents Housing Development Fund Company Inc | 150 Brielle Avenue, Staten Island, NY 10314-6400 | NY | 1985-02 | $1,030,635 |
| 2 | Ollantay Center For The Arts Inc | PO BOX 720449, Jackson Hts, NY 11372-0449 | NY | 1990-09 | $2,780 |
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| 4 | Olm Senior Housing Development Fund Corporation | 1011 First Avenue, New York, NY 10022-4112 | NY | 1996-08 | $385,657 |
| 5 | Olmsted Home School Association Inc | Amherst And Lincoln Pkwy, Buffalo, NY 14216 | NY | 2000-09 | $50,294 |
| 6 | Olmsted School Foundation | 319 Suffolk St, Buffalo, NY 14215-3327 | NY | 2009-06 | $23,386 |
| 7 | Olom Home Care Inc | 6323 7th Avenue, Brooklyn, NY 11220-4743 | NY | 2002-06 | $2,714,097 |
| 8 | Olsten Family S Foundation, Olsten Miriam Et Al Ttee | 10 Melville Park Rd, Melville, NY 11747-3146 | NY | 2005-03 | $428,556 |
| 9 | Olympia Activity Center Inc | 1126 Olympia Blvd, Staten Island, NY 10306-5922 | NY | 1995-02 | $60,302 |
| 10 | Om Booster Club | 38 Butternut Cir, Orchard Park, NY 14127-1905 | NY | 1995-01 | $35,747 |
| 11 | Omalley Foundation Inc | 3 Old Farm Rd, Amawalk, NY 10501-1101 | NY | 1988-08 | $150,000 |
| 12 | Omead Foundation Inc | 40 Hurley Ave Ste 5, Kingston, NY 12401-3738 | NY | 1999-07 | $48,992 |
| 13 | Omega Association | 230 Park Avenue, New York, NY 10169-0005 | NY | 2005-12 | $5,426 |
| 14 | Omega Ensemble Inc | 315 West 86th Street, New York, NY 10024-3111 | NY | 1981-04 | $85,429 |
| 15 | Omega Foundation Inc | 225 W 34th St Ste 1513, New York, NY 10122-1511 | NY | 2008-05 | $161,747 |
| 16 | Omega Institute Inc | 337 Sunrise Ave, Sayville, NY 11782-2021 | NY | 2005-01 | $21,314 |
| 17 | Omega Outreach Ministries Inc | 145-95 222nd Street, Springfield Gdns, NY 11413 | NY | 1985-04 | $0 |
| 18 | Omek Foundatioin | 249 Brooklyn Ave, Brooklyn, NY 11213-3302 | NY | 2009-06 | $21,770 |
| 19 | Omicron Foundation Inc, Zeta Beta Tau | 415 Park Ave, Rochester, NY 14607-2808 | NY | 2000-06 | $425,207 |
| 20 | Omnilogy Inc | 22 Camp Fire Lane, Coram, NY 11727 | NY | 2009-06 | $0 |


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