Fundacion Dr Carlos Lopez Somolinos Inc in Dorado, (international)

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Fundacion Dr Carlos Lopez Somolinos Inc
Employer Identification Number (EIN)660727301
Name of OrganizationFundacion Dr Carlos Lopez Somolinos Inc
AddressPmb 330-425 Carr 693, Dorado
SubsectionCharitable Organization
Ruling Date08/2013
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$126,120
Amount of Income$84,094
Form 990 Revenue Amount$84,094
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards

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Amount of income in 2013: $84,094
This organization: 

Other organizations performing similar types of work: 


Assets in 2013: $126,120
Fundacion Dr Carlos Lopez Somolinos Inc: 

Other organizations performing similar types of work: 


Expenses in 2013: $85,951
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 1.0
This organization: 

Other organizations performing similar types of work: 


Grants share in income in 2013: 96.5%
Fundacion Dr Carlos Lopez Somolinos Inc: 

Other organizations performing similar types of work: 


Financial snapshot for 2013 ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$84,094
Contributions, gifts, grants, and similar amounts received$81,120
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$2,974
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$85,951
Total net assets$124,965
Excess/Deficit for the year$-1,857
Net assets or fund balances at beginning of year$126,822
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$124,965
Balance Sheets
Total assets$126,120
Total liabilities$1,155
Net assets or fund balances$124,965
Other Information
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 activitiesNo
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
Gross receipts for public use of club facilities$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 supported0
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$81,120
Subtotal Support$81,120
Gifts, grants, contributions, and membership fees received$81,120
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$84,094
Public Support$81,120
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$2,974
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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Number of organizations performing similar types of work
District of Columbia210
North Carolina631
North Dakota29
New Hampshire145
New Jersey1,137
New Mexico122
New York1,581
Rhode Island132
South Carolina243
South Dakota54
West Virginia110
Total23,481 is not associated with, endorsed by, or sponsored by Fundacion Dr Carlos Lopez Somolinos Inc and has no official or unofficial affiliation with Fundacion Dr Carlos Lopez Somolinos Inc