Norfolk Tourism Research Foundation Inc in Norfolk, Virginia (VA)
Table of contents:
| Norfolk Tourism Research Foundation Inc | |
| Employer Identification Number (EIN) | 134246826 |
| Name of Organization | Norfolk Tourism Research Foundation Inc |
| In Care of Name | Mary L G Nexsen |
| Address | 232 East Main Street, Norfolk, VA 23510-1711 |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 05/2004 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $113,610 |
| Amount of Income | $78,673 |
| Form 990 Revenue Amount | $62,538 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Education (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $55,569 | $60,828 | $62,538 |
| Contributions, gifts, grants, and similar amounts received | $33,877 | $32,434 | $32,617 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $969 | $422 | $311 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $20,723 | $27,972 | $29,610 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $38,723 | $44,517 | $45,745 |
| Less: direct expenses from gaming and fundraising events | $18,000 | $16,545 | $16,135 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $61,618 | $62,673 | $51,475 |
| Total net assets | $65,006 | $63,161 | $74,224 |
| Excess/Deficit for the year | $-6,049 | $-1,845 | $11,063 |
| Net assets or fund balances at beginning of year | $71,055 | $65,006 | $63,161 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $63,161 | $74,224 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $124,434 | $96,584 | $113,610 |
| Total liabilities | $59,428 | $33,423 | $39,386 |
| Net assets or fund balances | $65,006 | $63,161 | $74,224 |
| Other Information | |||
| 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 |
| 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 |
| 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 | 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 | $276,413 |
| Subtotal | $363,824 |
| Gifts, grants, contributions, and membership fees received | $156,134 |
| 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 | $207,690 |
| 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 | $87,411 |
| Amounts received from disqualified persons | $87,411 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $368,333 |
| Public support | $363,824 |
| Subtotal | $4,509 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $4,509 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Shematters Girls in Norfolk, VA
  |
Access Partnership Incorporated in Norfolk, VA
 |
|
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
|
| Other organizations in Virginia | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Norfolk Scottish Rite Foundation Inc | PO BOX 9407, Norfolk, VA 23505-0407 | VA | 1976-09 | $68,119 |
| 2 | Norfolk Seamens Friend Society | 427 West 37th Street, Norfolk, VA 23508 | VA | 1969-02 | $0 |
| 3 | Norfolk Senior Center | 7300 Newport Ave Ste 100, Norfolk, VA 23505-3356 | VA | 1982-02 | $1,153,812 |
| 4 | Norfolk Society Of Arts | PO BOX 1037, Norfolk, VA 23501-1037 | VA | 1931-02 | $201,094 |
| 5 | Norfolk Southern Employees Credit Union Incorporated | 100 Volvo Pkwy Ste 310, Chesapeake, VA 23320-1618 | VA | 1984-03 | $129,790 |
| 6 | Norfolk Southern Foundation | Three Commerical Pl, Norfolk, VA 23510-2108 | VA | 1984-04 | $6,996,000 |
| 7 | Norfolk Sports Club Charitable And Educational Foundation | Po 12501, Norfolk, VA 23541-0501 | VA | 1989-12 | $0 |
| 8 | Norfolk Sports Club Scholarship Foundation | PO BOX 12501, Norfolk, VA 23541-0501 | VA | 1967-07 | $443,381 |
| 9 | Norfolk State University Alumni Association Incorporated | PO BOX 12842, Norfolk, VA 23541-0842 | VA | 2003-06 | $97,665 |
| 10 | Norfolk State University Foundation Inc | 700 Park Avenue, Norfolk, VA 23504-8050 | VA | 1972-11 | $2,151,231 |
| 11 | Norfolk Tourism Research Foundation Inc | 232 East Main Street, Norfolk, VA 23510-1711 | VA | 2004-05 | $78,673 |
| 12 | Norfolk Urban Outreach Ministry Inc | 972 Norfolk Square, Norfolk, VA 23502 | VA | 1977-03 | $0 |
| 13 | Norfolk Youth Soccer League Inc | 4000 Colley Ave Ste 400, Norfolk, VA 23508-2677 | VA | 1990-11 | $235,814 |
| 14 | North America Buddhist Volunteer Foundation Inc | 9608 Braddock Rd, Fairfax, VA 22032 | VA | 2006-11 | $0 |
| 15 | North America International Exchange Center | 1420 Spring Hill Rd Ste 600, Mclean, VA 22102-3030 | VA | 2003-01 | $104,612 |
| 16 | North America Research & Exchange Center Of Cicir Inc, Not Available | 5231 Capon Hill Place, Burke, VA 22015 | VA | 2001-04 | $7,500 |
| 17 | North American Advanced Research Group Inc | 181 Spinnaker Sail Ct, Moneta, VA 24121-3227 | VA | 2001-04 | $1 |
| 18 | North American Brain Injury Society | PO BOX 1804, Alexandria, VA 22313-1804 | VA | 2006-10 | $234,286 |
| 19 | North American Cambridge Classics Project | 1083 Independence Blvd 110, Virginia Beach, VA 23455-5523 | VA | 1997-07 | $71,748 |
| 20 | North American Concert Promoters Association | 7236 Evans Mill Rd, Mclean, VA 22101-3422 | VA | $817,711 | |
Organization representatives - add corrected or new information about Norfolk Tourism Research Foundation Inc »
Non-representatives - add comments about Norfolk Tourism Research Foundation Inc»