Hobey Baker Memorial Award Foundation in St Louis Park, Minnesota (MN)

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Hobey Baker Memorial Award Foundation
Employer Identification Number (EIN)411721288
Name of OrganizationHobey Baker Memorial Award Foundation
In Care of NameRuss Chance
Address3143 Alabama Ave S, St Louis Park, MN 55416-2007
ActivitiesOther school related activities
SubsectionCharitable Organization
Ruling Date09/1992
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 Period06/2012
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$99,486
Amount of Income$192,601
Form 990 Revenue Amount$181,533
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Education (Not Elsewhere Classified)

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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$211,376
Contributions, Gifts, Grants and Other Similar Amounts$113,288
Program Service Revenue$84,133
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$28
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$9,576
Gross income from gaming activities$9,576
Less: direct expenses$0
Net income from sales of inventory$4,351
Gross sales of inventory, less returns and allowances$13,954
Less: cost of goods sold$9,603
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$163,802
Compensation of current officers, directors, trustees, and key employees$27,200
Other salaries and wages$0
Payroll taxes$2,166
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$105,436
Total liabilities$1,000
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
Total net assets or fund balances$104,436
Retained earnings, endowment, accumulated income, or other funds$104,436
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$623,352
Gifts, grants, contributions, and membership fees received$623,118
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$234
Gross receipts from related activities, etc.$85,107
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