Rex And Margaret Fortune School Of Education in Sacramento, California (CA)

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Rex And Margaret Fortune School Of Education
Employer Identification Number (EIN)943187528
Name of OrganizationRex And Margaret Fortune School Of Education
AddressSte 100, Sacramento, CA 95833
ActivitiesOther school related activities, Other student aid, Discussion groups, forums, panels lectures, etc.
SubsectionCharitable Organization
Ruling Date09/1993
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$1,000,000 to $4,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,467,052
Amount of Income$6,089,073
Form 990 Revenue Amount$6,089,073


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$3,924,888
Contributions, Gifts, Grants and Other Similar Amounts$2,840,318
Program Service Revenue$1,069,471
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$908
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$3,467
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $4,500
Less: cost or other basis and sales expenses (Securities / Other)$0 / $1,033
Gain or (loss) (Securities / Other)$0 / $3,467
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$10,724
Statement of Functional Expenses (for 2011)
Total functional expenses$4,107,369
Compensation of current officers, directors, trustees, and key employees$339,555
Other salaries and wages$1,828,094
Payroll taxes$0
Professional fundraising services$0
Other$1,939,720
Balance Sheet (for 2011)
Total assets$2,076,994
Total liabilities$1,138,448
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$400,000
Unsecured notes and loans payable to unrelated third parties$335,676
Other$402,772
Total net assets or fund balances$938,546
Retained earnings, endowment, accumulated income, or other funds$938,546
Reason for Public Charity Status (for 2011)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$6,911,307
Gifts, grants, contributions, and membership fees received$6,849,602
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$61,705
Gross receipts from related activities, etc.$7,304,843
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