Botetourt County Public Schools Education Foundation Inc in Fincastle, Virginia (VA)
Table of contents:
| Botetourt County Public Schools Education Foundation Inc | |
| Employer Identification Number (EIN) | 541758356 |
| Name of Organization | Botetourt County Public Schools Education Foundation Inc |
| Address | 143 Poor Farm Rd, Fincastle, VA 24090-3988 |
| Activities | Scholarships (other), Fundraising |
| Subsection | Charitable Organization |
| Ruling Date | 03/1996 |
| Deductibility | Contributions are deductible |
| Foundation | Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $143,773 |
| Amount of Income | $58,113 |
| Form 990 Revenue Amount | $48,718 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards |
Non-representatives - add comments:
Amount of income in 2014: $58,113 (it was $45,745 in 2013)
| Botetourt County Public Schools Education Foundation Inc: | $58,113 |
| Other organizations performing similar types of work: | $72,336 |
Assets in 2014: $143,773 (it was $150,644 in 2013)
| Botetourt County Public Schools Education Foundation Inc: | $143,773 |
| Other organizations performing similar types of work: | $239,394 |
Expenses in 2013: $39,766
| Botetourt County Public Schools Education Foundation Inc: | $39,766 |
| Other organizations performing similar types of work: | $40,888 |
Income to expenses ratio in 2013: 1.5
| Botetourt County Public Schools Education Foundation Inc: | 1.5 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2013: 46.2%
| Botetourt County Public Schools Education Foundation Inc: | 46.2% |
| Other organizations performing similar types of work: | 0.1% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $50,256 | $38,650 |
| Contributions, gifts, grants, and similar amounts received | $32,685 | $17,850 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $578 | $503 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $16,926 | $20,019 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $26,024 | $27,114 |
| Less: direct expenses from gaming and fundraising events | $9,098 | $7,095 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $67 | $278 |
| Total expenses | $20,645 | $39,766 |
| Total net assets | $151,760 | $150,644 |
| Excess/Deficit for the year | $29,611 | $-1,116 |
| Net assets or fund balances at beginning of year | $122,149 | $151,760 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $150,644 | |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $151,760 | $150,644 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $151,760 | $150,644 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | |
| Were any significant changes made to the organizing or governing documents? | 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 | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | |
| Amount of political expenditures, direct or indirect | $0 | |
| Did the organization file Form 1120-POL for this year? | 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 | |
| Total amount involved | $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 | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | 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 | $111,949 |
| Subtotal | $111,949 |
| Gifts, grants, contributions, and membership fees received | $84,557 |
| 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 | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $27,392 |
| 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 | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $115,505 |
| Public support | $111,949 |
| Subtotal | $3,278 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $3,278 |
| 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 | $278 |
| Write your review! |
|
|
| Recently Added Reviews |
Young Presidents Organization Inc, Ypo Northern Virginia Chapter Inc in Newport News, VA
  |
| Mountain Tails Animal Rescue in Dublin, VA |
|
The Mcclinton Foundation in Covington, VA
|
|
Cooper Trash Parkout Inc in Mclean, VA
|
|
Virginia Beach Policemens Benevolent Association Inc in Virginia Bch, VA
|
| Charlotte County Farm Bureau in Charlotte C H, VA |
| Carol W Pruner Charitable Remainder Unitrust, Pruner Todd W & Carol W Pruner Ttee in Roanoke, VA |
|
Kempsville Volunteer Rescue Squad in Virginia Bch, VA
|
|
Dulles South Food Pantry in Dulles, VA
|
|
Pomegranate Library Inc in Virginia Beach, VA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Sylvester H Reed Memorial Trust | PO BOX 1111, Pflugerville, TX 78691-1111 | TX | 1998-01 | $1,242,927 |
| 2 | Special Operations Fund | 901 N Stuart St Ste 200, Arlington, VA 22203-1821 | VA | 1992-10 | $2,645,532 |
| 3 | Truckload Carriers Association Scholarship Fund Inc | 555 East Braddock Road, Alexandria, VA 22314-2182 | VA | 1973-09 | $1,583,973 |
| 4 | Ukrops Educational Foundation | 2001 Maywill St Ste 100, Richmond, VA 23230-3236 | VA | 1996-02 | $531,144 |
| 5 | Ralph Stuart Stowers Scholarship Trust | PO BOX 687, Tazewell, VA 24651-0687 | VA | 1997-10 | $369,444 |
| 6 | The Florence And Hyman Meyers Family Foundation | 1606 Stoneycreek Dr, Richmond, VA 23238-4125 | VA | 1995-08 | $358,547 |
| 7 | Ruth L Logsdon Charitable Tr Uw | PO BOX 5228, Martinsville, VA 24115-5228 | VA | 1996-04 | $335,715 |
| 8 | Tidewater Youth Services Foundation | 2404 Airline Blvd, Portsmouth, VA 23701-2912 | VA | 1992-04 | $198,984 |
| 9 | Smith Mountain Lake Lions Club Scholarship Trust Inc | PO BOX 655, Hardy, VA 24101-0655 | VA | 1991-06 | $176,971 |
| 10 | Vaw Vrc Officers Spouses Assoc Vaw Vrc Memorial Scholarship Fund | PO BOX 15322, Norfolk, VA 23511-0322 | VA | 1998-12 | $148,908 |
| 11 | The Lucy Pannill Sale Foundation | 231 E Church St Ste 5, Martinsville, VA 24112-2839 | VA | 1995-02 | $130,475 |
| 12 | Suffolk Education Foundation | PO BOX 394, Suffolk, VA 23439-0394 | VA | 1993-11 | $129,800 |
| 13 | Smiy Fam Foundation Tr, Smiy Paul R Ttee | 11330 Avocet Dr, Chesterfield, VA 23838-8945 | VA | 1997-07 | $115,933 |
| 14 | Strasburg Community Scholarship Trust Fund Inc | 112 W King St, Strasburg, VA 22657-2220 | VA | 1996-11 | $68,578 |
| 15 | Washington Scots Charity & Educational Fund, St Andrews Society Of Wash Dc | 7410 Heritage Village Plaza, Gainesville, VA 20155-3304 | VA | 1959-03 | $68,102 |
| 16 | Florida Alpha Educational Foundation Inc | 206 Chapel Lane, Boyce, VA 22620 | VA | 1991-08 | $66,032 |
| 17 | Virginia Association For The Gifted | PO BOX 1674, Tappahannock, VA 22560-1674 | VA | 1998-10 | $65,421 |
| 18 | Submarine Officers Wives Club Charitable Association | PO BOX 15409, Norfolk, VA 23511-0409 | VA | 1997-10 | $22,282 |
| 19 | Hampton Roads Utility & Heavy Contrtrs Assoc Mem Schlship Fndtn, Hruhca | 3105 Western Branch Blvd Ste 5c, Chesapeake, VA 23321-5529 | VA | 1997-02 | $16,941 |
| 20 | The Virginia Printing Foundation Inc | 212 Independence Rd, Winchester, VA 22602-4501 | VA | 1984-09 | $16,345 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 3,412 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Botetourt County Public Schools Education Foundation Inc »
Non-representatives - add comments about Botetourt County Public Schools Education Foundation Inc»