Commercial Fisheries Research Foundation Inc in Saunderstown, Rhode Island (RI)

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Commercial Fisheries Research Foundation Inc
Employer Identification Number (EIN)861116341
Name of OrganizationCommercial Fisheries Research Foundation Inc
In Care of NameDavid Spencer
AddressPO BOX 278, Saunderstown, RI 02874-0278
SubsectionEducational Organization
Ruling Date12/2008
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 Period06/2012
Assets$100,000 to $499,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$478,941
Amount of Income$1,717,114
Form 990 Revenue Amount$1,717,114
National Taxonomy of Exempt Entities (NTEE)Animal-Related: Animal-Related (Not Elsewhere Classified)

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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$2,093,843
Contributions, Gifts, Grants and Other Similar Amounts$2,093,840
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$3
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$2,079,480
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$159,486
Payroll taxes$14,126
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$332,978
Total liabilities$296,528
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$36,450
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$4,701,402
Gifts, grants, contributions, and membership fees received$4,701,391
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$11
Gross receipts from related activities, etc.$0
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