Hugo Public Schools Foundation in Hugo, Oklahoma (OK)

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Hugo Public Schools Foundation
Employer Identification Number (EIN)731457415
Name of OrganizationHugo Public Schools Foundation
AddressPO BOX 704, Hugo, OK 74743-0704
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Gifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date11/1994
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$292,740
Amount of Income$30,041
Form 990 Revenue Amount$24,100
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Fund Raising and/or Fund Distribution


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Amount of income in 2012: $30,041 (it was $-2,506 in 2011)
Hugo Public Schools Foundation: 

 $30,041
Other organizations performing similar types of work: 

 $71,879

Assets in 2012: $292,740 (it was $499,695 in 2011)
Hugo Public Schools Foundation: 

 $292,740
Other organizations performing similar types of work: 

 $65,261

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$-2,506
Contributions, gifts, grants, and similar amounts received$1,800
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$14,528
Loss from sale of assets other than inventory$-18,834
Gross amount from sale of assets other than inventory$8,953
Less: cost or other basis and sales expenses$27,787
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$9,658
Total net assets$499,695
Deficit for the year$-12,164
Net assets or fund balances at beginning of year$453,950
Other changes in net assets or fund balances$57,909
Balance Sheets (for 2011)
Total assets$499,695
Total liabilities$0
Net assets or fund balances$499,695
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 organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Washington State University FoundationPO BOX 641927, Pullman, WA 99164-0001WA1979-10$110,685,007
2United States Naval Academy Foundation Inc247 King George St, Annapolis, MD 21402-1306MD1969-02$37,201,876
3Charles B Keesee Educational Fund IncorporatedPO BOX 431, Martinsville, VA 24114-0431VA1943-11$31,292,485
4George Junior Republic233 George Junior Rd Box 1058, Grove City, PA 16127-4417PA1987-03$29,815,490
5Wiley College711 Wiley Ave, Marshall, TX 75670-5151TX1987-09$27,272,986
6Oklahoma Educational Technology Tr, Duvall David Ttee2932 Nw 122nd Street, Oklahoma City, OK 73120-1957OK2002-11$18,665,784
7John W Turrentine Trust Uw Fbo William Holt & Ella Rae Turrentine1 West 4th St D4000-041, Winston Salem, NC 27101-3818NC1970-12$16,668,209
8St Christophers School Foundation711 Saint Christophers Rd, Richmond, VA 23226-2708VA1994-05$9,886,792
9Greater Atlanta Christian Foundation Inc1575 Indian Trail Road, Norcross, GA 30093-2614GA2005-03$9,228,107
10George Junior Republic RealtyPO BOX 1058, Grove City, PA 16127-5058PA1987-03$3,792,694
11Project Grad Knoxville Inc700 E Hill Ave Ste 100, Knoxville, TN 37915-2519TN2002-05$2,274,794
12Sociedad Interamericana De Prensa Inc1801 Sw 3rd Ave Ste 800, Miami, FL 33129-1487FL2007-06$2,126,987
13Thornston Educational FundPO BOX 2116, Glendora, CA 91740-2116CA2003-05$1,449,593
14Foundation For Tulsa Schools3027 S New Haven Ste 600, Tulsa, OK 74114-6131OK2001-07$2,318,370
15Pryor Area FoundationPO BOX 367, Pryor, OK 74362-0367OK2000-12$165,849
16Nelson Family Foundation6003 Newport Dr, Edmond, OK 73013-8539OK2008-11$60,000
17Hugo Public Schools FoundationPO BOX 704, Hugo, OK 74743-0704OK1994-11$30,041
18Friends Of The Mustang Public LibraryPO BOX 1104, Mustang, OK 73064-8104OK2002-01$21,067
19Bruin Cheerleading Booster ClubPo Box 3422, Bartlesville, OK 74006OK2005-12$0
20Minco Education FoundationPo Box 428, Minco, OK 73059OK2003-11$0
Number of organizations performing similar types of work
Alaska5
Alabama29
Arkansas20
Arizona39
California345
Colorado61
Connecticut32
District of Columbia20
Delaware17
Florida133
Georgia68
Hawaii15
Iowa30
Idaho13
Illinois129
Indiana36
Kansas20
Kentucky37
Louisiana19
Massachusetts87
Maryland48
Maine23
Michigan68
Minnesota44
Missouri51
Mississippi14
Montana10
North Carolina59
North Dakota4
Nebraska19
New Hampshire22
New Jersey108
New Mexico16
Nevada14
New York191
Ohio104
Oklahoma30
Oregon42
Pennsylvania98
Rhode Island18
South Carolina25
South Dakota6
Tennessee42
Texas165
Utah15
Virginia65
Vermont6
Washington75
Wisconsin46
West Virginia8
Wyoming7
International12
Total2,610

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