Rekindling The Dream Foundation in Providence, Rhode Island (RI)

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Rekindling The Dream Foundation
Employer Identification Number (EIN)050519977
Name of OrganizationRekindling The Dream Foundation
In Care of NameDr Susan Lusi
Address797 Westminster St, Providence, RI 02903-4018
SubsectionEducational Organization
Ruling Date07/2002
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$94,543
Amount of Income$37,426
Form 990 Revenue Amount$37,426
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Single Organization Support


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Amount of income in 2014: $37,426 (it was $25,771 in 2013)
This organization: 

 $37,426
Other organizations performing similar types of work: 

 $100,081

Assets in 2014: $94,543 (it was $94,629 in 2013)
Rekindling The Dream Foundation: 

 $94,543
Other organizations performing similar types of work: 

 $306,234

Expenses in 2013: $4,208
This organization: 

 $4,208
Other organizations performing similar types of work: 

 $60,281

Income to expenses ratio in 2013: 8.9
This organization: 

 8.9
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2013: 100.0%
Rekindling The Dream Foundation: 

 100.0%
Other organizations performing similar types of work: 

 1.1%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$86,730$25,771
Contributions, gifts, grants, and similar amounts received$86,730$25,771
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Investment income$0$0
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$84,535$4,208
Total net assets$73,066$94,629
Excess/Deficit for the year$2,195$21,563
Net assets or fund balances at beginning of year$70,871$73,066
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$73,066$94,629
Balance Sheets
20122013
Total assets$73,066$94,629
Total liabilities$0$0
Net assets or fund balances$73,066$94,629
Other Information
20122013
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 activitiesNoNo
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
Gross receipts for public use of club facilities$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$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Buffalo State College Foundation Housing Corporation1300 Elmwood Avenue Cleveland Hall, Buffalo, NY 14222NY2009-04$4,565,082
2Benjamin Franklin Elementary Foundation1610 Lake St, Glendale, CA 91201-2610CA2010-06$279,410
3Sycamore Foundation Holdings Inc, Terre Haute Rex Baseball30 N 5th St, Terre Haute, IN 47807-2939IN2009-04$252,654
4Community College Of Denver Foundation, Ccd FoundationCampus Box 250 Po Box 173363, Denver, CO 80217CO2012-01$103,305
5The Building Trade Corporation321 Park Street, Bennington, VT 05201VT1990-10$100,081
6Foundation For The Compton Community College District1111 E Artesia Blvd, Compton, CA 90221-5314CA2009-09$64,690
7Wilson Area Partners In Education Foundation Inc2040 Washington Blvd, Easton, PA 18042-3890PA2007-03$50,680
8Gordon L Nelson Athletic Complex Fund U APO BOX 11, Maple, WI 54854-0011WI2009-09$47,202
9Rekindling The Dream Foundation797 Westminster St, Providence, RI 02903-4018RI2002-07$37,426
10Texas Civil Engineering Foundation1524 S Ih-35 Ste 180, Austin, TX 78704-2615TX2010-03$5,001
11Great Lakes Educational Foundation2196 Washington Dr, Northbrook, IL 60062IL2008-03$2,500
12Art Angels IncP O Box 2615, Dayton, TX 77535TX1999-03$0
13Baytown Junior School Parent Teacher Organization7707 Bayway Dr, Baytown, TX 77520-1313TX2001-10$0
14Benson Tech Foundation546 Ne 12th Avenue, Portland, OR 97232OR2014-03$0
15Careers In Construction IncPo Box 15668, Durham, NC 27704NC2007-11$0
16Classical Society Of The American Academy In Rome123 Art Building Louisiana State University, Baton Rouge, LA 70803LA2007-07$0
17E C Goodwin Technical High School P F O, Ec Goodwin Tech Pfo735 Slater Rd, New Britain, CT 06053CT2003-05$0
18Edinburg Education Foundation Inc214 W Cano St, Edinburg, TX 78539TX2000-04$0
19Fellows Alumni Foundation Of Jackson State University IncorporaP O Box 1054, Jackson, MS 39215MS2001-02$0
20Friends Of The@georgetown Voice1436 W St Nw Apt 106, Washington, DC 20009-5811DC2012-02$0
Number of organizations performing similar types of work
California3
Colorado2
Connecticut1
District of Columbia1
Florida2
Illinois1
Indiana1
Louisiana1
Massachusetts1
Maryland1
Michigan2
Mississippi2
North Carolina1
New Jersey1
New York1
Ohio1
Oregon2
Pennsylvania1
Rhode Island1
South Dakota1
Texas5
Vermont1
Wisconsin1
Total34

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