South Range Schools Foundation in Canfield, Ohio (OH)

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South Range Schools Foundation
Employer Identification Number (EIN)341622133
Name of OrganizationSouth Range Schools Foundation
Address11300 Columbiana-Canfield Rd, Canfield, OH 44406-8485
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date03/1990
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$178,966
Amount of Income$132,402
Form 990 Revenue Amount$126,563

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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$215,942$16,907$126,563
Contributions, gifts, grants, and similar amounts received$208,954$12,838$116,836
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$126$6,719$13
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$6,863$-2,650$9,714
Gross income from gaming$0$0$0
Gross income from fundraising events$6,862$3,907$15,553
Less: direct expenses from gaming and fundraising events$0$6,557$5,839
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$27,498$83,989$168,761
Total net assets$274,714$207,632$178,966
Excess/Deficit for the year$188,444$-67,082$-42,198
Net assets or fund balances at beginning of year$86,270$274,714$207,632
Other changes in net assets or fund balances$0$0$13,532
Net assets or fund balances at end of year$207,632$178,966
Balance Sheets
Total assets$274,714$207,632$178,966
Total liabilities$0$0$0
Net assets or fund balances$274,714$207,632$178,966
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$167,131
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