Hanover Rotary Club Foundation Inc in Richmond, Virginia (VA)
Table of contents:
| Hanover Rotary Club Foundation Inc | |
| Employer Identification Number (EIN) | 203037152 |
| Name of Organization | Hanover Rotary Club Foundation Inc |
| In Care of Name | David Creasy |
| Address | 2214 Westwood Ave, Richmond, VA 23230-4010 |
| Subsection | Charitable Organization |
| Ruling Date | 04/2007 |
| 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 | 06/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $176,973 |
| Amount of Income | $58,006 |
| Form 990 Revenue Amount | $23,869 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations |
Non-representatives - add comments:
Amount of income in 2013: $58,006 (it was $80,345 in 2012)
| This organization: | $58,006 |
| Other organizations performing similar types of work: | $71,328 |
Assets in 2013: $176,973 (it was $157,231 in 2012)
| This organization: | $176,973 |
| Other organizations performing similar types of work: | $50,799 |
Expenses in 2013: $16,324
| Hanover Rotary Club Foundation Inc: | $16,324 |
| Other organizations performing similar types of work: | $47,311 |
Income to expenses ratio in 2013: 3.6
| This organization: | 3.6 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 1.9%
| Hanover Rotary Club Foundation Inc: | 1.9% |
| Other organizations performing similar types of work: | 7.7% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $25,483 | $23,475 | $23,869 |
| Contributions, gifts, grants, and similar amounts received | $525 | $2,456 | $450 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $3,078 | $4,036 | $3,737 |
| Gain/Loss from sale of assets other than inventory | $723 | $-3,429 | $-1,547 |
| Gross amount from sale of assets other than inventory | $29,811 | $32,038 | $9,917 |
| Less: cost or other basis and sales expenses | $29,088 | $35,467 | $11,464 |
| Net income/loss from gaming and fundraising events | $21,157 | $20,412 | $21,229 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $51,737 | $41,815 | $43,902 |
| Less: direct expenses from gaming and fundraising events | $30,580 | $21,403 | $22,673 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $22,513 | $16,447 | $16,324 |
| Total net assets | $150,282 | $157,231 | $176,973 |
| Excess/Deficit for the year | $2,970 | $7,028 | $7,545 |
| Net assets or fund balances at beginning of year | $130,510 | $150,282 | $157,231 |
| Other changes in net assets or fund balances | $16,802 | $-79 | $12,197 |
| Net assets or fund balances at end of year | $176,973 | ||
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $150,282 | $157,231 | $176,973 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $150,282 | $157,231 | $176,973 |
| Other Information | |||
| 2011 | 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 | 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 | $0 |
| Gross receipts for public use of club facilities | $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 | ||
| 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 a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $16,031 |
| Subtotal Support | $16,031 |
| Gifts, grants, contributions, and membership fees received | $16,031 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $30,105 |
| Public Support | $16,031 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $14,074 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Roswell Park Alliance Foundation | Elm And Carlton St, Buffalo, NY 14263-0001 | NY | 1996-08 | $28,110,672 |
| 2 | Science Foundation Arizona | 400 E Van Buren St Ste 220, Phoenix, AZ 85004-2223 | AZ | 2006-11 | $7,919,015 |
| 3 | St Andrews Charitable Foundation | 6633 Delmar Blvd, St Louis, MO 63130-4505 | MO | 2008-01 | $1,344,641 |
| 4 | Tma Support Corporation | 2427 M L K Jr Ave Se, Washington, DC 20020-5815 | DC | 2006-10 | $709,645 |
| 5 | Rotary Club Of Coralsprings-Parkland Foundation Inc | 11873 Nw 2nd Ct, Coral Springs, FL 33071-8017 | FL | 2007-03 | $57,467 |
| 6 | S H R M Foundation, Society Human Resource Management | 1800 Duke Street, Alexandria, VA 22314-3494 | VA | 1969-02 | $19,754,957 |
| 7 | Skillsource Group Inc | 8300 Boone Blvd Ste 450, Vienna, VA 22182-2680 | VA | 2002-03 | $8,439,394 |
| 8 | Taubman Foundation For The Arts | 2965 Colonnade Dr, Roanoke, VA 24018-3557 | VA | 2010-11 | $3,896,037 |
| 9 | The Chateauville Foundation | PO BOX 576, Great Falls, VA 22066-0576 | VA | 1997-05 | $3,115,082 |
| 10 | Sterling Charitable Gift Fund Tr | 459 Herndon Pkwy Ste 22, Herndon, VA 20170-6222 | VA | 2000-05 | $3,065,177 |
| 11 | Simply Distribute Charitable Foundation | 2940 N Lynnhaven Rd Ste 210-B, Virginia Bch, VA 23452-6949 | VA | 2007-10 | $1,628,229 |
| 12 | Project Liberty Inc | 1800 Diagonal Rd, Alexandria, VA 22314-2840 | VA | 2011-12 | $1,412,251 |
| 13 | Usa Today Charitable Foundation Inc | 7950 Jones Branch Dr, Mclean, VA 22102-3302 | VA | 2003-09 | $1,354,022 |
| 14 | We Promise Foundation | 160 Newtown Rd, Virginia Bch, VA 23462-2401 | VA | 2006-03 | $1,066,450 |
| 15 | Seena Magowitz Foundation Inc | 3868 Jefferson Blvd, Virginia Bch, VA 23455-1606 | VA | 2007-05 | $1,063,997 |
| 16 | Monumental Sports & Entertainment Foundation | 627 North Glebe Road, Arlington, VA 22203-2144 | VA | 2000-11 | $996,660 |
| 17 | Jerome Lejeune Foundation Usa | 2769 Jefferson Davis Hwy, Stafford, VA 22554-8325 | VA | 2011-11 | $703,833 |
| 18 | Ronald Mcdonald House Charities Of Southwest Virginia Inc | 2224 Jefferson St Se, Roanoke, VA 24014-2404 | VA | 1985-07 | $682,075 |
| 19 | Last Well Inc | 8200 Greensboro Drive Ste 900, Mclean, VA 22182 | VA | 2009-06 | $631,589 |
| 20 | Vba Education Foundation | 4490 Cox Rd, Glen Allen, VA 23060-3325 | VA | 2007-06 | $536,142 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 13,855 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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