Terrace Communities Foundation Inc in Manchester Center, Vermont (VT)
Table of contents:
| Terrace Communities Foundation Inc | |
| Employer Identification Number (EIN) | 264756463 |
| Name of Organization | Terrace Communities Foundation Inc |
| In Care of Name | Beverly Donahue |
| Address | 129 Lincoln Avenue, Manchester Center, VT 05255-9505 |
| Subsection | Charitable Organization |
| Ruling Date | 11/2009 |
| 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 | 06/2014 |
| Assets | $25,000 to $99,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $69,285 |
| Amount of Income | $4,827 |
| Form 990 Revenue Amount | $4,827 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Services to Promote the Independence of Specific Populations |
Non-representatives - add comments:
Amount of income in 2014: $4,827 (it was $2,910 in 2013)
| This organization: | $4,827 |
| Other organizations performing similar types of work: | $87,071 |
Assets in 2014: $69,285 (it was $66,453 in 2013)
| This organization: | $69,285 |
| Other organizations performing similar types of work: | $45,697 |
Expenses in 2014: $1,995
| This organization: | $1,995 |
| Other organizations performing similar types of work: | $79,916 |
Income to expenses ratio in 2014: 2.4
| This organization: | 2.4 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 96.9%
| Terrace Communities Foundation Inc: | 96.9% |
| Other organizations performing similar types of work: | 93.5% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $25,436 | $2,910 | $4,827 |
| Contributions, gifts, grants, and similar amounts received | $25,236 | $2,722 | $4,675 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $200 | $188 | $152 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $9,488 | $2,513 | $1,995 |
| Total net assets | $66,056 | $66,453 | $69,285 |
| Excess/Deficit for the year | $15,948 | $397 | $2,832 |
| Net assets or fund balances at beginning of year | $50,108 | $66,056 | $66,453 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $66,453 | $69,285 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $66,056 | $66,453 | $69,285 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $66,056 | $66,453 | $69,285 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| 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 2014) | |
| 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 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $89,982 |
| Subtotal | $89,982 |
| Gifts, grants, contributions, and membership fees received | $89,982 |
| 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 | $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 | $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 | $90,738 |
| Public support | $89,982 |
| Subtotal | $756 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $756 |
| 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 |
| Trout Unlimited in South Burlington, VT |
| Women Of Uvm in Burlington, VT |
| People Of Praise in Poultney, VT |
| Friends Of Music At Guilford Inc in Guilford, VT |
Bellows Falls Middle School Community Supported Activities Inc in Bellows Falls, VT
 |
|
Women Of Winter Wow Inc in Stowe, VT
|
| Samaritan House Inc in St Albans, VT |
| Caroline Baird Crichfield Memorial Fund For Women In Need, The Caroline Fund in Burlington, VT |
|
Heidis Haven Rescue in Ferrisburgh, VT
|
Tri-City Alcoholic Rehabilitation Association, Tara Club in Hapeville, GA
 |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Washington Area Womens Foundation Inc | 1331 H St Nw Ste 1000, Washington, DC 20005-4745 | DC | 1997-09 | $2,978,690 |
| 2 | Home Share Now | 105 N Main St Ste 103, Barre, VT 05641-3788 | VT | 2011-02 | $217,583 |
| 3 | Rhythm Of The Rein Inc | Po Box67 386 Us Route 2, Marshfield, VT 05658 | VT | 2008-08 | $36,480 |
| 4 | Somali Bantu Community Association Of Vermont Inc | 325 Main Street Suite 8, Winooski, VT 05404 | VT | 2008-04 | $15,977 |
| 5 | Jupiter Farm Inc | Po Box 15, Elmore, VT 05657 | VT | 2014-10 | $15,079 |
| 6 | Terrace Communities Foundation Inc | 129 Lincoln Avenue, Manchester Center, VT 05255-9505 | VT | 2009-11 | $4,827 |
| 7 | Aging In Place Norwich | 97 Meetinghouse Road, Norwich, VT 05055 | VT | 2011-03 | $0 |
| 8 | Autism Works-Vermont | 162 Home Avenue, Burlington, VT 05401 | VT | 2014-10 | $0 |
| 9 | Burlington Sunrise Rotary Club Inc, Burlington-Sunrise | 150 St Paul St, Burlington, VT 05401-4634 | VT | 2014-07 | $0 |
| 10 | Caroline Baird Crichfield Memorial Fund For Women In Need, The Caroline Fund | Po Box 8486, Burlington, VT 05402 | VT | 1998-10 | $0 |
| 11 | Celebrating Seniors In Vermont Inc | 133 Blakely Road, Colchester, VT 05446 | VT | 2012-06 | $0 |
| 12 | Cornerstone Bridges To Life Community Center | 577 Jay Road, Richford, VT 05476 | VT | 2013-02 | $0 |
| 13 | Deerfield Valley Troop Support Group | Po Box 193, Whitingham, VT 05361 | VT | 2009-07 | $0 |
| 14 | Dress For Success Burlington Inc | 95 Saint Paul Street Suite 340, Burlington, VT 05401 | VT | 2013-10 | $0 |
| 15 | Green Mountain Adventure Tours Inc | 44 Watkins Rd, Milton, VT 05468-3789 | VT | 2004-09 | $0 |
| 16 | Hand To Hand Nek Inc | PO BOX 105, East Haven, VT 05837 | VT | 2012-09 | $0 |
| 17 | Pcs 4 Vets | Po Box688, Middlebury, VT 05753 | VT | 2011-08 | $0 |
| 18 | Ringos Gift Therapeutic Riding Program Inc | 588 Fish Hill Road, Randolph, VT 05060 | VT | 2002-12 | $0 |
| 19 | Sterling Therapeutic Equitation Program Inc | 4047 Mt Philo Rd, Charlotte, VT 05445-9364 | VT | 2000-09 | $0 |
| 20 | Unbound Grace Inc | Po Box 8, Starksboro, VT 05487 | VT | 2008-07 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 8,078 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Terrace Communities Foundation Inc »
Non-representatives - add comments about Terrace Communities Foundation Inc»