Mississippi Press Association Education Foundation in Jackson, Mississippi (MS)

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Mississippi Press Association Education Foundation
Employer Identification Number (EIN)640731681
Name of OrganizationMississippi Press Association Education Foundation
Address371 Edgewood Ter Dr, Jackson, MS 39206-6217
SubsectionCharitable Organization
Ruling Date06/1981
DeductibilityContributions are not 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$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$423,699
Amount of Income$112,162
Form 990 Revenue Amount$42,568

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Financial snapshot ($)

Revenue 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$117,634
Contributions, Gifts, Grants and Other Similar Amounts$64,126
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$13,040
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$38,603
Gross amount from sales of assets other than inventory (Securities / Other)$346,619 / $0
Less: cost or other basis and sales expenses (Securities / Other)$308,016 / $0
Gain or (loss) (Securities / Other)$38,603 / $0
Net income from fundraising events$1,865
Gross income from fundraising events$18,651
Less: direct expenses$16,786
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$71,312
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$445,355
Total liabilities$0
Total net assets or fund balances$445,355
Retained earnings, endowment, accumulated income, or other funds$445,355
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$309,114
Gifts, grants, contributions, and membership fees received$233,388
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$75,726
Gross receipts from related activities, etc.$0
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