Mrca Foundation Inc in Glenview, Illinois (IL)

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Mrca Foundation Inc
Employer Identification Number (EIN)431495286
Name of OrganizationMrca Foundation Inc
Address4700 W Lake Ave, Glenview, IL 60025-1468
ActivitiesScholarships (other)
SubsectionCharitable Organization
Ruling Date01/1989
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$347,729
Amount of Income$6,991
Form 990 Revenue Amount$6,991

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Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$6,991
Contributions, gifts, grants, and similar amounts received$11,625
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$-4,634
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$27,645
Total net assets$344,341
Deficit for the year$-20,654
Net assets or fund balances at beginning of year$364,995
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$347,729
Total liabilities$3,388
Net assets or fund balances$344,341
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$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$276,718
Gifts, grants, contributions, and membership fees received$127,951
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$148,767
Gross receipts from related activities, etc.$0
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