Charles W Hoppy Adams Jr Foundation Inc in Annapolis, Maryland (MD)

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Charles W Hoppy Adams Jr Foundation Inc
Employer Identification Number (EIN)412209313
Name of OrganizationCharles W Hoppy Adams Jr Foundation Inc
In Care of NameCharles Adams Iii
Address35 Old Solomons Island Rd, Annapolis, MD 21401
SubsectionCharitable Organization
Ruling Date10/2006
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 Period12/2012
Assets$1,000,000 to $4,999,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1,540,822
Amount of Income$11,933
Form 990 Revenue Amount$11,933
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose

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Financial snapshot ($)

Revenue for 2011

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$9,255
Contributions, Gifts, Grants and Other Similar Amounts$1,400
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$7,855
Income from investment of tax-exempt bond proceeds$0
Net rental income$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$0
Statement of Functional Expenses (for 2011)
Total functional expenses$7,616
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$1,569,794
Total liabilities$0
Total net assets or fund balances$1,569,794
Retained earnings, endowment, accumulated income, or other funds$1,569,794
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$1,586,457
Gifts, grants, contributions, and membership fees received$1,586,457
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$0
Gross receipts from related activities, etc.$0
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