Newport Public Education Foundation, Npef in Newport, Rhode Island (RI)

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Newport Public Education Foundation, Npef
Employer Identification Number (EIN)223137794
Name of OrganizationNewport Public Education Foundation
Secondary NameNpef
In Care of NameThomas Galvin
AddressPo Box 1237, Newport, RI 02840
Websitehttp://www.npef-ri.org
ActivitiesOther school related activities, Discussion groups, forums, panels lectures, etc.
SubsectionEducational Organization
Ruling Date02/1992
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$252,624
Amount of Income$32,331
Form 990 Revenue Amount$32,331
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Education (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue 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$32,331
Contributions, Gifts, Grants and Other Similar Amounts$10,185
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$184
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$21,962
Gross income from fundraising events$30,689
Less: direct expenses$8,727
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$32,520
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$32,520
Balance Sheet (for 2011)
Total assets$252,624
Total liabilities$138,549
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
Other$138,549
Total net assets or fund balances$114,075
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$105,178
Gifts, grants, contributions, and membership fees received$89,073
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$16,105
Gross receipts from related activities, etc.$30,689
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