Maine Manufacturers Career And Training Foundation in Portland, Maine (ME)

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Maine Manufacturers Career And Training Foundation
Employer Identification Number (EIN)010544561
Name of OrganizationMaine Manufacturers Career And Training Foundation
In Care of NameLisa Martin
Address101 Mcalister Farm Rd, Portland, ME 04103-5915
SubsectionCharitable Organization
Ruling Date09/2001
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 Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$211,588
Amount of Income$64,337
Form 990 Revenue Amount$39,368
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: $64,337 (it was $49,786 in 2012)
This organization: 

 $64,337
Other organizations performing similar types of work: 

 $41,648

Assets in 2013: $211,588 (it was $183,366 in 2012)
This organization: 

 $211,588
Other organizations performing similar types of work: 

 $65,578

Expenses in 2012: $26,891
Maine Manufacturers Career And Training Foundation: 

 $26,891
Other organizations performing similar types of work: 

 $24,455

Income to expenses ratio in 2012: 2.4
Maine Manufacturers Career And Training Foundation: 

 2.4
Other organizations performing similar types of work: 

 0.5

Grants share in income in 2012: 78.9%
This organization: 

 78.9%
Other organizations performing similar types of work: 

 6.6%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$36,063
Contributions, gifts, grants, and similar amounts received$28,469
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$3,648
Gain from sale of assets other than inventory$3,946
Gross amount from sale of assets other than inventory$17,669
Less: cost or other basis and sales expenses$13,723
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$26,891
Total net assets$183,366
Excess for the year$9,172
Net assets or fund balances at beginning of year$170,958
Other changes in net assets or fund balances$3,236
Balance Sheets (for 2012)
Total assets$183,366
Total liabilities$0
Net assets or fund balances$183,366
Other Information (for 2012)
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 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$72,137
Gifts, grants, contributions, and membership fees received$41,347
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$9,671
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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$21,119
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Brazos Higher Education Authority IncPO BOX 1308, Waco, TX 76703-1308TX2014-10$179,269,029
2Health Scholarships IncPO BOX 1337, Hawkinsville, GA 31036-7337GA1999-04$177,452,788
3Trinity Higher Education Authority Inc2600 Washington Avenue, Waco, TX 76710TX2015-03$138,316,451
4Educational Services Of America Inc12700 Kingston Pike, Farragut, TN 37934-0917TN1996-06$118,680,448
5American Association Of University Women Inc5814 Spruce Grove Ct, Haymarket, VA 20169VA2010-03$76,791,126
6Greater Texas Foundation6100 Foundation Place Dr, Bryan, TX 77807-1105TX1980-05$42,177,004
7Usa Funds Education Endowment Inc10475 Crosspoint Blvd Ste 230, Indianapolis, IN 46256-3387IN2005-07$41,529,411
8The Posse Foundation Inc14 Wall St 7th Flr, New York, NY 10005-2101NY1996-07$36,905,033
9Montana Higher Education Student Assistance Corporation2500 E Broadway St, Helena, MT 59601-4901MT1983-03$34,966,109
10Senator George J Mitchell Scholarship Research Institute75 Washington Ave Ste 2e, Portland, ME 04101-2665ME1999-06$17,015,976
11Alfond Scholarship Foundation15 Monument Sq, Portland, ME 04101-4023ME2008-06$3,522,066
12Kennebunk Rotary Scholarship Fund Inc62 Portland Road Suite 45, Kennebunk, ME 04043ME1995-09$289,030
13Maine School Of Science And Mathematics Foundation95 High St, Limestone, ME 04750-1141ME1994-11$132,167
14Donato J Tramuto FoundationPO BOX 1728, Ogunquit, ME 03907-1728ME2005-06$129,815
15King-Thomas Scholarship TrPO BOX 289, Ashland, ME 04732-0289ME2002-03$120,964
16Bruce Allain Charitable TrustPO BOX 37, Athens, ME 04912-0037ME1999-03$111,342
17Marjorie F Campbell Educational Trust4 Washington St Ste 314, Sanford, ME 04073-3031ME2007-07$92,864
18Maineiacs Education Foundation190 Birch St, Lewiston, ME 04240-6408ME2006-07$85,112
19Maine Manufacturers Career And Training Foundation101 Mcalister Farm Rd, Portland, ME 04103-5915ME2001-09$64,337
20Maine High School Hockey Invitational Inc743 Portland Road, Saco, ME 04072ME2001-10$61,082
Number of organizations performing similar types of work
Alaska48
Alabama286
Arkansas212
Arizona375
California2,590
Colorado397
Connecticut360
District of Columbia210
Delaware90
Florida1,248
Georgia644
Hawaii125
Iowa241
Idaho90
Illinois1,084
Indiana348
Kansas216
Kentucky271
Louisiana247
Massachusetts819
Maryland580
Maine135
Michigan690
Minnesota353
Missouri459
Mississippi159
Montana122
North Carolina631
North Dakota29
Nebraska124
New Hampshire145
New Jersey1,137
New Mexico122
Nevada157
New York1,581
Ohio902
Oklahoma233
Oregon274
Pennsylvania951
Rhode Island132
South Carolina243
South Dakota54
Tennessee325
Texas2,055
Utah196
Virginia649
Vermont87
Washington473
Wisconsin403
West Virginia110
Wyoming43
International27
Total23,482

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