Kos Employee Foundation in Ingleside, Texas (TX)
Table of contents:
| Kos Employee Foundation | |
| Employer Identification Number (EIN) | 200327242 |
| Name of Organization | Kos Employee Foundation |
| In Care of Name | Bob Shockney |
| Address | 2440 Kiewitt Rd, Ingleside, TX 78362-5100 |
| Subsection | Charitable Organization |
| Ruling Date | 01/2006 |
| 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 | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $244,774 |
| Amount of Income | $146,772 |
| Form 990 Revenue Amount | $117,090 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Corporate Foundations |
Non-representatives - add comments:
Amount of income in 2013: $146,772 (it was $115,893 in 2012)
| Kos Employee Foundation: | $146,772 |
| Other organizations performing similar types of work: | $107,502 |
Assets in 2013: $244,774 (it was $205,373 in 2012)
| Kos Employee Foundation: | $244,774 |
| Other organizations performing similar types of work: | $322,766 |
Expenses in 2013: $57,500
| Kos Employee Foundation: | $57,500 |
| Other organizations performing similar types of work: | $58,249 |
Income to expenses ratio in 2013: 2.6
| This organization: | 2.6 |
| Other organizations performing similar types of work: | 2.0 |
Grants share in income in 2013: 70.5%
| This organization: | 70.5% |
| Other organizations performing similar types of work: | 98.7% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $61,646 | $60,565 | $87,909 | $117,090 |
| Contributions, gifts, grants, and similar amounts received | $50,636 | $42,050 | $77,942 | $82,578 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $410 | $356 | $209 | $225 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $10,600 | $18,159 | $9,758 | $34,287 |
| Gross income from gaming | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $10,600 | $46,734 | $37,742 | $63,969 |
| Less: direct expenses from gaming and fundraising events | $0 | $28,576 | $27,984 | $29,682 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $45,740 | $51,200 | $26,782 | $57,500 |
| Total net assets | $134,881 | $144,246 | $205,373 | $244,774 |
| Excess/Deficit for the year | $15,906 | $9,365 | $61,127 | $59,590 |
| Net assets or fund balances at beginning of year | $118,975 | $134,881 | $144,246 | $185,173 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $11 |
| Net assets or fund balances at end of year | $205,373 | $264,985 | ||
| Balance Sheets | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $134,881 | $144,246 | $205,373 | $244,774 |
| Total liabilities | $0 | $0 | $0 | $0 |
| Net assets or fund balances | $134,881 | $144,246 | $205,373 | $244,774 |
| Other Information | ||||
| 2010 | 2011 | 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? | No | No | ||
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | 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 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $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 | $410,786 |
| Subtotal | $430,146 |
| Gifts, grants, contributions, and membership fees received | $371,586 |
| 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 | $58,560 |
| 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 | $19,360 |
| Amounts received from disqualified persons | $19,360 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $432,012 |
| Public support | $430,146 |
| Subtotal | $1,866 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $1,866 |
| 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 | Nancy Smith Hurd Foundation Tr, Nancy Smith Hurd Ttee | 1177 Ne Loop 410, San Antonio, TX 78209-1517 | TX | 2007-03 | $47,344,536 |
| 2 | William A Brookshire Foundation | 7825 Park Place Blvd, Houston, TX 77087-4639 | TX | 2000-08 | $9,373,866 |
| 3 | Swbc Foundation | 9311 San Pedro Ave Ste 600, San Antonio, TX 78216-4459 | TX | 2005-05 | $4,724,714 |
| 4 | Todd Brock Family Foundation | 4349 Crow Rd, Beaumont, TX 77706-7082 | TX | 2008-04 | $4,531,788 |
| 5 | Mark And Judith Cook Foundation | 103 Baronet Woods Ct, The Woodlands, TX 77382-2649 | TX | 2012-01 | $3,252,413 |
| 6 | Orix Foundation | 1717 Main St Ste 900, Dallas, TX 75201-4687 | TX | 2009-11 | $2,932,154 |
| 7 | Fifth Age Of Man Foundation -A Delaware Non-Profit Corporation | 4211 Long Champ Dr, Austin, TX 78746-1161 | TX | 2011-07 | $2,801,855 |
| 8 | Carl A Davis And Lois E Davis Foundation | 2700 Post Oak Blvd Ste 1050, Houston, TX 77056-5709 | TX | 2011-12 | $2,415,110 |
| 9 | Ruth And Paul Connor Foundation | 2112 Rio Grande St, Austin, TX 78705-5513 | TX | 2000-08 | $2,289,226 |
| 10 | The Dell Foundation Inc | 1 Dell Way Msc Rr1-8035, Round Rock, TX 78682-7000 | TX | 1995-04 | $2,265,783 |
| 11 | White Family Foundation | 205 Lighthouse Dr, Horseshoe Bay, TX 78657-5870 | TX | 2009-02 | $2,252,149 |
| 12 | The@jo And Joe Ford Family Foundation | 2828 Hood St Apt 1303, Dallas, TX 75219-7810 | TX | 2008-03 | $2,149,206 |
| 13 | Whitacre Family Foundation | 745 E Mulberry Ave Ste 475, San Antonio, TX 78212-3127 | TX | 2003-09 | $2,108,858 |
| 14 | Saint Benedict Of Nursia Foundation | 800 Gessner Rd Ste 1260, Houston, TX 77024-4273 | TX | 2012-04 | $2,003,730 |
| 15 | Tuw P M & J G Williamson Fdn | PO BOX 831041, Dallas, TX 75283-1041 | TX | 2011-02 | $1,209,370 |
| 16 | Celanese Foundation | 222 W Las Colinas Blvd Ste 900n, Irving, TX 75039-5421 | TX | 2013-02 | $1,149,547 |
| 17 | Susan Schwartz Family Foundation | 14801 Quorum Dr Ste 500, Dallas, TX 75254-1449 | TX | 2012-01 | $1,065,202 |
| 18 | Rochelle & Max Levit Family Foundation | PO BOX 14200, Houston, TX 77221-4200 | TX | 1999-03 | $930,581 |
| 19 | Rwm Foundation | 7373 Broadway St Ste 502, San Antonio, TX 78209-3269 | TX | 2001-10 | $840,328 |
| 20 | Smith Family Foundation | 5227 Tortuga Trl, Austin, TX 78731-4501 | TX | 2009-03 | $807,369 |
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| Total | 3,013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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