The Choate Foundation For Academics And Athletic Waslker County Youth in Huntsville, Texas (TX)

Organization representatives - add corrected or new information about The Choate Foundation For Academics And Athletic Waslker County Youth »

Non-representatives - add comments about The Choate Foundation For Academics And Athletic Waslker County Youth»

The Choate Foundation For Academics And Athletic Waslker County Youth
Employer Identification Number (EIN)455451375
Name of OrganizationThe Choate Foundation For Academics And Athletic Waslker County Youth
In Care of NameRonald David Choate
Address31 Elkins Lk, Huntsville, TX 77340-7300
SubsectionCharitable Organization
Ruling Date05/2014
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$2,450
Amount of Income$4,950
Form 990 Revenue Amount$2,050
National Taxonomy of Exempt Entities (NTEE)Youth Development: Single Organization Support


Non-representatives - add comments:


CAPTCHA

Your IP address 3.94.129.211 will be logged.

Amount of income in 2013: $4,950 (it was $2,050 in 2012)
The Choate Foundation For Academics And Athletic Waslker County Youth: 

 $4,950
Other organizations performing similar types of work: 

 $120,037

Assets in 2013: $2,450 (it was $650 in 2012)
This organization: 

 $2,450
Other organizations performing similar types of work: 

 $164,812

Expenses in 2012: $1,400
This organization: 

 $1,400
Other organizations performing similar types of work: 

 $53,380

Income to expenses ratio in 2012: 3.5
This organization: 

 3.5
Other organizations performing similar types of work: 

 1.8

Grants share in income in 2012: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 123.9%

Financial snapshot ($)

Expenses for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$2,050$0$0
Contributions, gifts, grants, etc., received$2,050
Interest on savings and temporary cash investments$0
Dividends and interest from securities$0
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$1,400$0$0$1,000
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$400$0$0
Contributions, gifts, grants paid$1,000
Excess of revenue over expenses and disbursements$650
Net investment income$0
Adjusted net income$0
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$650$650
Cash - non-interest-bearing$650
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Total liabilities$0
Total liabilities and net assets/fund balances$650
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$0
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$0
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$0
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$1,000
Net value of noncharitable-use assets$980
Minimum investment return$49
Distributable Amount (for 2012)
Distributable amount$49
Undistributed Income (for 2012)
Distributable amount for 2012$49
Undistributed income for 2012. This amount must be distributed in 2013$0
Private Operating Foundations (for 2012)
2012201120102009Total
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
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend The Choate Foundation For Academics And Athletic Waslker County Youth to others? (optional)
  
Add photo of The Choate Foundation For Academics And Athletic Waslker County Youth (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Sfk Success For Kids Inc1054 S Robertson Blvd, Los Angeles, CA 90035CA2009-07$4,504,355
2Tanana Valley Youth Sports Foundation IncPO BOX 61312, Fairbanks, AK 99706-1312AK2004-08$2,221,409
3Teammates Foundation6801 O St, Lincoln, NE 68510-2422NE2009-07$2,051,179
4Stanislaus Family Justice Center Foundation1625 I St, Modesto, CA 95354-1121CA2003-09$823,437
5Will Work For Kids Nonprofit Group4016 Blushing Rose Ct, Oviedo, FL 32766FL2009-03$279,133
6Ydi Foundation Inc6301 Central Ave Nw, Albuquerque, NM 87105-2036NM2005-02$213,905
7La Porte Livestock Show & Rodeo AssociationPO BOX 445, La Porte, TX 77572-0445TX1993-11$178,459
8Odkf Support Inc4348 Waialae Avenue Box 483, Honolulu, HI 96816-5767HI2010-10$125,594
9Cal Farleys Boys Ranch Alumni Foundation133 Springhill Dr, Hurst, TX 76054-2214TX2010-07$79,729
10Queen Annes County Extension Advisory Council Inc505 Railroad Ave Ste 4, Centreville, MD 21617-1138MD2014-02$79,223
11Los Alamitos High School Girls Volleyball Booster Club3415 Cerritos Avenue, Los Alamitos, CA 90720CA2005-01$67,489
12Hondo Ffa Booster Club3787 Cr 251, Hondo, TX 78861TX2010-02$65,119
13Pay It Forward Des Moines Iowa Inc8604 Horton Circle, Urbandale, IA 50322IA2008-09$60,057
14Langham Creek Ffa Booster ClubPO BOX 841928, Houston, TX 77284-1928TX2001-12$44,798
15R & Q Dog Sports Incorporated3641 W Aire Libre Ave, Phoenix, AZ 85053-2813AZ2009-06$24,199
16The Choate Foundation For Academics And Athletic Waslker County Youth31 Elkins Lk, Huntsville, TX 77340-7300TX2014-05$4,950
17Colbys Friends707 Masters Way, Kingwood, TX 77339TX1999-02$0
18Diamonds Of DistinctionPo Box 542081, Grand Prairie, TX 75054TX2010-06$0
19Grandview Ag Youth Booster Club IncPO BOX 310, Grandview, TX 76050TX2002-12$0
20Positive Parents Booster Club20910 Park Row Dr, Katy, TX 77449-5018TX2003-07$0
Number of organizations performing similar types of work
Alaska1
Arizona1
California10
Connecticut3
Florida4
Georgia1
Hawaii1
Iowa2
Illinois1
Indiana1
Kansas1
Kentucky1
Maryland2
Michigan1
Minnesota1
Missouri1
North Carolina1
Nebraska1
New Jersey1
New Mexico1
Ohio1
Oregon2
Pennsylvania1
Texas9
Vermont1
Washington2
Wisconsin2
West Virginia2
Wyoming1
Total57

NonProfitFacts.com is not associated with, endorsed by, or sponsored by The Choate Foundation For Academics And Athletic Waslker County Youth and has no official or unofficial affiliation with The Choate Foundation For Academics And Athletic Waslker County Youth