Home Of The Brave Foundation in Milford, Delaware (DE)

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Home Of The Brave Foundation
Employer Identification Number (EIN)510338521
Name of OrganizationHome Of The Brave Foundation
In Care of NameElizabeth Byers-Jiron
Address6632 Sharps Rd, Milford, DE 19963-4144
ActivitiesCare and housing for the aged (see also 382)
SubsectionCharitable Organization
Ruling Date10/1994
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$500,000 to $999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$793,753
Amount of Income$503,611
Form 990 Revenue Amount$499,332


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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$283,872
Contributions, Gifts, Grants and Other Similar Amounts$262,007
Program Service Revenue$8,461
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$264
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$13,090
Gross rents (Real / Personal)$13,090 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$13,090 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$50
Statement of Functional Expenses (for 2011)
Total functional expenses$323,069
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$183,899
Payroll taxes$14,156
Professional fundraising services$0
Other$125,014
Balance Sheet (for 2011)
Total assets$479,506
Total liabilities$13,294
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$13,294
Total net assets or fund balances$466,212
Retained earnings, endowment, accumulated income, or other funds$0
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$1,378,222
Gifts, grants, contributions, and membership fees received$1,369,033
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$9,189
Gross receipts from related activities, etc.$0
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