Saratoga Entrepreneurial Fund Inc in Saratoga Springs, New York (NY)

Organization representatives - add corrected or new information about Saratoga Entrepreneurial Fund Inc »

Non-representatives - add comments about Saratoga Entrepreneurial Fund Inc»

Saratoga Entrepreneurial Fund Inc
Employer Identification Number (EIN)141813368
Name of OrganizationSaratoga Entrepreneurial Fund Inc
In Care of NameJIM ANGUS
AddressC/O Jim Angus 28 Clinton St, Saratoga Springs, NY 12866
SubsectionCharitable Organization
Ruling Date07/1999
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$-8,905
Amount of Income$31,741
Form 990 Revenue Amount$31,741
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Business and Industry


Non-representatives - add comments:


CAPTCHA

Your IP address 3.144.35.81 will be logged.

Amount of income in 2014: $31,741
Saratoga Entrepreneurial Fund Inc: 

 $31,741
Other organizations performing similar types of work: 

 $85,710

Assets in 2014: $-8,905
This organization: 

 $-8,905
Other organizations performing similar types of work: 

 $49,958

Expenses in 2006: $50,372
This organization: 

 $50,372
Other organizations performing similar types of work: 

 $75,630

Income to expenses ratio in 2006: 0.6
Saratoga Entrepreneurial Fund Inc: 

 0.6
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2006: 89.0%
Saratoga Entrepreneurial Fund Inc: 

 89.0%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Assets at end of 2006

Expenses for 2006

Functional Expenses for 2006 ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20022003200420052006
Total revenue$41,807$26,977$32,551$36,485$31,741
Contributions, gifts, grants, and similar amounts received$25,000$0$0$0$0
Contributions to donor advised funds$0
Direct public support$25,000$0$0$0$0
Indirect public support$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0
Program service revenue including government fees and contracts$16,807$26,977$32,551$36,485$31,741
Membership dues and assessments$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$0
Dividends and interest from securities$0$0$0$0$0
Net rental income or (loss)$0$0$0$0$0
Gross rents$0$0$0$0$0
Less: rental expenses$0$0$0$0$0
Other investment income$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0
Gross revenue$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0
Other revenue$0$0$0$0$0
Total expenses$9,212$16,986$52,271$51,557$50,372
Program services$9,212$15,197$48,187$47,547$44,836
Management and general$0$1,789$4,084$4,010$5,536
Fundraising$0$0$0$0$0
Payments to affiliates$0$0$0$0$0
Net assets or fund balances at end of year$34,527$44,518$24,798$9,726$-8,905
Excess or (deficit) for the year$32,595$9,991$-19,720$-15,072$-18,631
Net assets or fund balances at beginning of year$1,932$34,527$44,518$24,798$9,726
Other changes in net assets or fund balances$0$0$0$0$0
Statement of Functional Expenses (for 2006)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$50,372$44,836$5,536$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$0$0$0$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$20,986$20,986$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$29,386$23,850$5,536$0
Balance Sheets
20022003200420052006
Total assets$224,797$395,195$414,805$354,454$292,774
Cash - non-interest-bearing$25,492$33,356$73,949$39,471$76,919
Savings and temporary cash investments$0$0$0$0$0
Accounts receivable less allowance for doubtful accounts$1,750$0$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0
Grants receivable$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$197,128$360,033$339,268$313,025$214,648
Inventories for sale or use$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$0
Investments - publicly-traded securities$0
Investments - other securities$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0
Investments - other$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$0$0$0$0
Other assets, including program-related investments$427$1,806$1,588$1,958$1,207
Total liabilities$190,270$350,677$390,007$344,728$301,679
Accounts payable and accrued expenses$3,514$875$640$8,099$4,352
Grants payable$0$0$0$0$0
Deferred revenue$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0
Mortgages and other notes payable$186,756$349,802$389,367$336,629$297,327
Other liabilities$0$0$0$0$0
Total liabilities and net assets/fund balances$224,797$395,195$414,805$354,454$292,774
Total net assets or fund balances$34,527$44,518$24,798$9,726$-8,905
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20022003200420052006
Total revenue$0$0$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0$0$0
Other expenses$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0
Other$0$0$0$0$0
Other revenue$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20022003200420052006
Total expenses$0$0$0$0$0
Total expenses and losses per audited financial statements$0$0$0$0$0
Other revenue$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0
Prior year adjustments$0$0$0$0$0
Losses$0$0$0$0$0
Other$0$0$0$0$0
Other expenses$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings14
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2006)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$0$31,741
Program service revenue
Program service revenue 1000000$000$0$31,741
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2006)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2006)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
20012002200320042005
Total$3,911$16,807$26,977$32,551$36,485
Gifts, grants, and contributions received$0$0$0$0$0
Membership fees received$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$3,911$16,807$26,977$32,551$36,485
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0
Other income$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2006)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Saratoga Entrepreneurial Fund Inc to others? (optional)
  
Add photo of Saratoga Entrepreneurial Fund Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Leir Foundation Inc in New York, NY
*****
Arquetopia Foundation Inc, Arquetopia Foundation For Development in New York, NY
*****
Untapped Shores International Inc in Rochester, NY
*****
Stein Senior Center Inc in New York, NY
Romulus Club Inc in Buffalo, NY
****•
Clarendon Historical Society in Clarendon, NY
Grace Fellowship Ministries Inc in Brooklyn, NY
The Bridge Inc in New York, NY
Gateway Youth Outreach Inc in Elmont, NY
*****
Lucis Trust And Arcane School in New York, NY
*****
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1San Diego Tourism Marketing District8880 Rio San Diego Dr Fl 8, San Diego, CA 92108-1642CA2009-01$22,863,655
2United Business Workers Of America, 452 LocalParkway Plaza Ii, Elmsford, NY 10523NY2001-01$4,455,173
3Cement And Concrete Workers Training And Appreticeship Fund2918 35th Ave, Long Is City, NY 11106-3041NY2005-09$3,554,137
4Rics Americas Inc60 East 42nd Street Suite 2810, New York, NY 10165NY2012-01$3,185,261
5The North American Merchant Advance Association IncC/O Israeloff Trattner 1225, Garden City, NY 11530NY2007-08$609,153
6Fund For New Yorks Future IncOne Battery Park Plaza, New York, NY 10004NY2007-10$500,000
7Society Of Product Licensors Committed To Excellance, Splice257 Lafayette Ave Suite 123, Buffalo, NY 14213-1590NY2005-08$346,178
8Wyoming County Tourist Promotion Agency Inc6470 Rte 20a Suite 6, Perry, NY 14530-9765NY2008-07$267,867
9Consumer Analyst Group Of New YorkPO BOX 812, New York, NY 10163-0812NY2013-01$249,212
10Swift Us National GroupC/O J Masterson 1 Wall Street No, New York, NY 10286-0001NY2014-07$221,099
11The New York Hedge Fund Roundtable Inc555 8th Ave Rm 1902, New York, NY 10018-4349NY2009-12$215,614
12Remanufacturing Industries Council Inc1335 Jefferson Rd Unit 20157, Rochester, NY 14602-7008NY2012-11$160,893
13Commercial Finance Association New York Inc370 7th Ave Ste 1801, New York, NY 10001-3979NY2013-02$134,260
14Accountant-Attorney Networking Group IncPO BOX 397, Old Bethpage, NY 11804-0397NY2010-08$131,324
15Community Bankers Mortgage Forum Inc56-05-69th St, Maspeth, NY 11378NY2014-08$118,956
16The Bodega Association Of United State, The Bodega Association Of United StCo 2488 Grand Concourse, Bronx, NY 10458NY2006-08$117,198
17Society For Information Systems, New York ChapterPO BOX 3765, New York, NY 10163-3765NY2014-07$104,486
18Hibernia Provident SocietyPO BOX 725 FD ROOSEVELT STATION, New York, NY 10022NY2015-04$102,505
19American Correctional Officer1001 Middle Country Rd, Ridge, NY 11961-2806NY2008-03$99,131
20Software And Technology Vendors Association555 8th Ave Rm 1902, New York, NY 10018-4349NY2002-01$72,450
Number of organizations performing similar types of work
Alaska13
Alabama31
Arkansas22
Arizona43
California277
Colorado46
Connecticut33
District of Columbia50
Delaware9
Florida124
Georgia45
Hawaii13
Iowa31
Idaho13
Illinois65
Indiana42
Kansas26
Kentucky35
Louisiana28
Massachusetts48
Maryland37
Maine14
Michigan85
Minnesota47
Missouri43
Mississippi19
Montana15
North Carolina65
North Dakota13
Nebraska17
New Hampshire13
New Jersey58
New Mexico18
Nevada17
New York146
Ohio65
Oklahoma19
Oregon55
Pennsylvania82
Rhode Island8
South Carolina30
South Dakota10
Tennessee34
Texas146
Utah21
Virginia90
Vermont7
Washington66
Wisconsin42
West Virginia16
Wyoming10
International4
Total2,306

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Saratoga Entrepreneurial Fund Inc and has no official or unofficial affiliation with Saratoga Entrepreneurial Fund Inc