Service League Foundation 14-6041190070 in Springfield, Massachusetts (MA)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Massachusetts
| Service League Foundation 14-6041190070 | |
| Employer Identification Number (EIN) | 046006490 |
| Name of Organization | Service League Foundation 14-6041190070 |
| In Care of Name | Michael Oleksak |
| Address | 1 Monarch Pl, Springfield, MA 01144-1099 |
| Activities | Other school related activities, Gifts, grants, or loans to other organizations, Gifts or grants to individuals (other than scholarships) |
| Subsection | Charitable Organization |
| Ruling Date | 02/1923 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $706,354 |
| Amount of Income | $422,951 |
| Form 990 Revenue Amount | $49,946 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $57,156 | $56,906 | $65,395 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $18,810 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $38,346 | |||
| Total expenses and disbursements | $43,584 | $7,943 | $0 | $35,330 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $9,584 | $7,943 | $1,330 | |
| Contributions, gifts, grants paid | $34,000 | |||
| Excess of revenue over expenses and disbursements | $13,572 | |||
| Net investment income | $48,963 | |||
| Adjusted net income | $65,395 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $681,571 | $694,417 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $622,159 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $42,547 | |
| Other | $16,865 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $681,571 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $38,346 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $979 |
| Total credits and payments | $492 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $492 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $487 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $698,487 |
| Net value of noncharitable-use assets | $688,020 |
| Minimum investment return | $34,401 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $65,395 | $2,349 | $29,647 | $19,692 | $117,083 |
| Qualifying distributions made directly for active conduct of exempt activities | $35,330 | $39,530 | $34,880 | $36,894 | $146,634 |
| Value of all assets | $694,415 | $652,015 | $697,647 | $648,409 | $2,692,486 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $22,934 | $22,703 | $19,765 | $19,909 | $85,311 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Spanish American Center Inc | 112 Spruce St, Leominster, MA 01453-6012 | MA | 1982-09 | $561,986 |
| 2 | Spanish Dance Theatre Inc | 674 Columbia Rd, Dorchester, MA 02125-1731 | MA | 1977-08 | $9,857 |
| 3 | Cheer Nation All Stars Inc | 52 Belvidere Ave, Framingham, MA 01702-8060 | MA | 2006-01 | $137,472 |
| 4 | Speak Easy Stage Inc | 539 Tremont St, Boston, MA 02116-6306 | MA | 1993-09 | $1,563,396 |
| 5 | Spectrum Home Care Inc | 770 Converse St, Longmeadow, MA 01106-1719 | MA | 1998-10 | $274,095 |
| 6 | Spectrum Home Health And Hospice Care Inc | 770 Converse St, Longmeadow, MA 01106-1719 | MA | 1995-01 | $2,272,063 |
| 7 | Spectrum Singers Inc | PO BOX 382325, Cambridge, MA 02238-2325 | MA | 1983-08 | $73,667 |
| 8 | Spedwatch Inc | PO BOX 212, Norfolk, MA 02056-0212 | MA | 2007-04 | $920 |
| 9 | Spee Club Inc | 76 Mount Auburn St, Cambridge, MA 02138-4975 | MA | 1991-02 | $213,727 |
| 10 | Seven Pillars | 45 Brigham St, Watertown, MA 02472-4909 | MA | 2008-07 | $243,557 |
| 11 | Service League Foundation 14-6041190070 | 1 Monarch Pl, Springfield, MA 01144-1099 | MA | 1923-02 | $422,951 |
| 12 | Society Of Risk Management Consultants Inc, Insurance Buyers Council Inc | 190 High St, Boston, MA 02110-3031 | MA | 1987-01 | $57,105 |
| 13 | Sts Foundation | 100 Main St Ste 420, Concord, MA 01742-2528 | MA | 1986-05 | $1,753,904 |
| 14 | The Rainbow Of Hope For Bolivias Street Children | 4 Meadowview Rd, Hingham, MA 02043-2936 | MA | 2007-12 | $134,950 |
| 15 | The Green Life Online Inc | 294 Washington Street Suite 500, Boston, MA 02108 | MA | 1995-10 | $12,966 |
| 16 | The David And Mary Barros Foundation Inc | 784 First Parish Rd, Scituate, MA 02066-3117 | MA | 2001-10 | $107,489 |
| 17 | The Region 6 Assembly Of Overeaters Anonymous | PO BOX 448, Arlington, MA 02476-0052 | MA | 1992-06 | $49,293 |
| 18 | Stairway Manufacturers Assoc Inc | 657 Quarry St, Fall River, MA 02723-1020 | MA | 1994-01 | $190,340 |
| 19 | Spencer Agric Assoc Inc, Spencer Fair | PO BOX 46, Spencer, MA 01562-0046 | MA | 1991-08 | $320,504 |
| 20 | Spencer Cable Access Corporation | 310 Main St, Spencer, MA 01562-1841 | MA | 2010-08 | $193,894 |
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