Subhash & Saroj Charitable Foundation in Sugar Land, Texas (TX)
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 Texas
| Subhash & Saroj Charitable Foundation | |
| Employer Identification Number (EIN) | 202034851 |
| Name of Organization | Subhash & Saroj Charitable Foundation |
| In Care of Name | Subhash C Gupta |
| Address | 40 Harbor View Dr, Sugar Land, TX 77479-5851 |
| Subsection | Charitable Organization |
| Ruling Date | 09/2005 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $45,454 |
| Amount of Income | $46,618 |
| Form 990 Revenue Amount | $2,507 |
Non-representatives - add comments:
Revenue for 2012
Expenses 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 | $36,954 | $7,523 | $0 | |
| Contributions, gifts, grants, etc., received | $26,815 | |||
| Interest on savings and temporary cash investments | $15 | |||
| Dividends and interest from securities | $2,453 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $148 | |||
| Other | $7,523 | |||
| Total expenses and disbursements | $22,829 | $0 | $0 | $0 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $300 | $0 | $0 | |
| Contributions, gifts, grants paid | $22,529 | |||
| Excess of revenue over expenses and disbursements | $14,125 | |||
| Net investment income | $7,523 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $53,731 | $74,886 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $53,731 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $53,731 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $7,523 |
| 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 | $150 |
| Total credits and payments | $603 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $603 |
| 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 | $0 |
| Overpayment | $453 |
| Amount to be credited to 2013 estimated tax | $453 |
| 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? | Yes |
| 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 | $74,054 |
| Net value of noncharitable-use assets | $72,940 |
| Minimum investment return | $3,647 |
| Distributable Amount (for 2012) | |
| Distributable amount | $3,497 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $3,497 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $3,497 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| 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 Texas | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Streams & Valleys Inc | PO BOX 101373, Fort Worth, TX 76185-1373 | TX | 1971-05 | $398,352 |
| 2 | Daughters Of Sarah Ministries Inc | P O Box 250896, Plano, TX 75025 | TX | 2001-06 | $0 |
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| 5 | Structural Engineers Association Of Texas Inc | 9300 Sandstone St, Austin, TX 78737-1135 | TX | 2003-12 | $155,858 |
| 6 | Structural Engineers Association Of Texas Inc, Group Return | 9300 Sandstone St, Austin, TX 78737-1135 | TX | 2003-12 | $92,710 |
| 7 | Struge Cultural Center Inc, Albanian American Heritage Center | 2808 Cabot Ln, Mckinney, TX 75070-5677 | TX | 2007-09 | $200,141 |
| 8 | Student Association Of Devry Institute Of Technology | 4800 Regent Blvd, Irving, TX 75063-2439 | TX | $586 | |
| 9 | Student Discipleship Ministries | 510 Sw Wilshire Blvd, Burleson, TX 76028-5351 | TX | 1987-04 | $909,560 |
| 10 | Su Casita Inc | PO BOX 13223, Austin, TX 78711-3223 | TX | 2001-06 | $1 |
| 11 | Subhash & Saroj Charitable Foundation | 40 Harbor View Dr, Sugar Land, TX 77479-5851 | TX | 2005-09 | $46,618 |
| 12 | Subsea Tieback Scholarship Fund | 5418 Woodbury St, Fulshear, TX 77441-4139 | TX | 2007-10 | $101,112 |
| 13 | Suburban Alcoholic Foundation | 2809 Northland Dr, Austin, TX 78757-5005 | TX | 1967-02 | $158,447 |
| 14 | Success Foundation, Mark Deloach Ttee | 200 Swisher Rd, Lake Dallas, TX 75065-2324 | TX | 2008-03 | $29,586 |
| 15 | Success With Faith | 4929 Everhart Rd, Crp Christi, TX 78411-3923 | TX | 2005-12 | $132,904 |
| 16 | Sudan Evangelical Alliance Partners, Sea Partners | Pmb 118 1221 Flower Mound Road, Flower Mound, TX 75028-3653 | TX | 2004-10 | $172,528 |
| 17 | Suder Foundation | 3111 Welborn St Apt 1602, Dallas, TX 75219-5023 | TX | 2009-05 | $2,334,055 |
| 18 | Sue Nan And Rod Cutsinger Foundation | 1177 West Loop S Ste 1850, Houston, TX 77027-9045 | TX | 1999-05 | $11,924 |
| 19 | Sufficiency Of Scripture Ministries, S O S Ministries Inc | 11608 Grandview Dr, Montgomery, TX 77356-4277 | TX | 2013-02 | $451,774 |
| 20 | Sugar Land Rotary Foundation Inc | 12926 Dairy Ashford Road No 186, Sugar Land, TX 77478-3293 | TX | 1999-09 | $31,537 |
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