Magic Hour Foundation Inc in Ooltewah, Tennessee (TN)
Table of contents:
| Magic Hour Foundation Inc | |
| Employer Identification Number (EIN) | 455190758 |
| Name of Organization | Magic Hour Foundation Inc |
| In Care of Name | Alan Darmody |
| Address | 5958 Snow Hill Rd Ste 144 Pmb 144, Ooltewah, TN 37363-7834 |
| Subsection | Charitable Organization |
| Ruling Date | 08/2012 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $10,000 to $24,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $11,834 |
| Amount of Income | $19,233 |
| Form 990 Revenue Amount | $19,233 |
| National Taxonomy of Exempt Entities (NTEE) | Diseases, Disorders, Medical Disciplines: Cancer |
Non-representatives - add comments:
Amount of income in 2013: $19,233 (it was $10,243 in 2012)
| Magic Hour Foundation Inc: | $19,233 |
| Other organizations performing similar types of work: | $65,658 |
Assets in 2013: $11,834 (it was $3,986 in 2012)
| This organization: | $11,834 |
| Other organizations performing similar types of work: | $40,980 |
Expenses in 2013: $8,007
| This organization: | $8,007 |
| Other organizations performing similar types of work: | $48,329 |
Income to expenses ratio in 2013: 2.4
| This organization: | 2.4 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 99.6%
| Magic Hour Foundation Inc: | 99.6% |
| Other organizations performing similar types of work: | 74.3% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $10,243 | $19,233 |
| Contributions, gifts, grants, and similar amounts received | $10,243 | $19,161 |
| Program service revenue including government fees and contracts | $0 | $72 |
| 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 | $9,914 | $8,007 |
| Total net assets | $329 | $11,555 |
| Excess/Deficit for the year | $329 | $11,226 |
| Net assets or fund balances at beginning of year | $0 | $329 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $329 | $11,555 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $3,986 | $11,834 |
| Total liabilities | $3,657 | $279 |
| Net assets or fund balances | $329 | $11,555 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No |
| Were any significant changes made to the organizing or governing documents? | Yes | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No |
| 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? | No | No |
| 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? | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $20,131 |
| Subtotal | $29,476 |
| Gifts, grants, contributions, and membership fees received | $29,404 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $72 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $9,345 |
| Amounts received from disqualified persons | $9,345 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $29,476 |
| Public support | $29,476 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | World Lung Foundation Inc | 61 Broadway Rm 2800, New York, NY 10006-2819 | NY | 2005-10 | $53,043,738 |
| 2 | American Association For Cancer Support Inc | 322 Nancy Lynn Ln Ste 3, Knoxville, TN 37919-6054 | TN | 2011-04 | $4,379,649 |
| 3 | Morristown Regional Cancer Center Llc | Coven Hlth 1420 Centerpoint Blvd, Knoxville, TN 37932 | TN | 2009-10 | $3,187,669 |
| 4 | Vessel Of Honour Ministries Inc | 4114 Navaho Dr, Johnson City, TN 37604-1116 | TN | 2013-05 | $119,431 |
| 5 | Live4tay Foundation | 551 Campfire Dr, Murfreesboro, TN 37129-4019 | TN | 2014-12 | $53,690 |
| 6 | Celebrate Life Cancer Support Group | 824 Tucker Place Way, Dandridge, TN 37725 | TN | 2011-12 | $31,676 |
| 7 | Magic Hour Foundation Inc | 5958 Snow Hill Rd Ste 144 Pmb 144, Ooltewah, TN 37363-7834 | TN | 2012-08 | $19,233 |
| 8 | Sisters Network Inc | 2916 Claymille Blvd, Nashville, TN 37207-3124 | TN | 2005-07 | $12,002 |
| 9 | Aurora - The Bess Williams Center | 10 Bingham Way, Fairfield Glade, TN 38558 | TN | 2007-02 | $0 |
| 10 | Cervical Cancer Coalition Of Tennessee | 6950 Hwy 70 South Apt 1001, Nashville, TN 37221 | TN | 2003-12 | $0 |
| 11 | Chattanooga Hopes | 7227 Fairington Circle, Hixson, TN 37343-2414 | TN | 2004-11 | $0 |
| 12 | Cure Hunter Inc | 5105 Seward Road, Brentwood, TN 37027 | TN | 2013-08 | $0 |
| 13 | Greater Chattanooga Colon Cancer Foundation | 979 E Third St Ste C-300, Chattanooga, TN 37403 | TN | 2012-01 | $0 |
| 14 | Guardians Of The Ribbon-Memphis Midsouth Chapter, Pink Heals Memphis | Po Box 149, Ellendale, TN 38029 | TN | 2013-11 | $0 |
| 15 | Institute For The Quality Of Life | 180 Waterview Dr Apt 205, Oak Ridge, TN 37830-9059 | TN | 2012-08 | $0 |
| 16 | Ivan & Sam Foundation Inc, Billy's Wish | Po Box 222, Brentwood, TN 37024 | TN | 2003-03 | $0 |
| 17 | Kids In Action, 1 Small Step Civil Rights Consultants | Po Box 11344, Murfreesboro, TN 37129 | TN | 2000-09 | $0 |
| 18 | Ovacomers Of America Inc | 924 Ilawood Dr, Nashville, TN 37211-6660 | TN | 2002-04 | $0 |
| 19 | Peggys Cancer Support Group | 115 Freda Ln, Burns, TN 37029 | TN | 2002-07 | $0 |
| 20 | Pennies For Vicki | 6618 Flagstone Dr, Ooltewah, TN 37363-8366 | TN | 2003-11 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,888 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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