American College Of Apothecaries Research & Education Foundation In in Bartlett, Tennessee (TN)

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American College Of Apothecaries Research & Education Foundation In
Employer Identification Number (EIN)581395320
Name of OrganizationAmerican College Of Apothecaries Research & Education Foundation In
Address2830 Summer Oaks Dr, Bartlett, TN 38134-3811
SubsectionCharitable Organization
Ruling Date11/1984
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$500,000 to $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$865,676
Amount of Income$23,344
Form 990 Revenue Amount$23,344
National Taxonomy of Exempt Entities (NTEE)Diseases, Disorders, Medical Disciplines:

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Amount of income in 2012: $23,344 (it was $26,917 in 2011)
American College Of Apothecaries Research & Education Foundation In: 

Other organizations performing similar types of work: 


Assets in 2012: $865,676 (it was $920,052 in 2011)
American College Of Apothecaries Research & Education Foundation In: 

Other organizations performing similar types of work: 


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$26,917
Contributions, Gifts, Grants and Other Similar Amounts$19,704
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$13
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$7,200
Statement of Functional Expenses (for 2011)
Total functional expenses$84,002
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$19,532
Payroll taxes$0
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$920,052
Total liabilities$311,945
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$608,107
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
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 2011)
2007 - 2011 Total
Total support$101,366
Gifts, grants, contributions, and membership fees received$19,704
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$81,662
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$0
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Number of organizations performing similar types of work
North Carolina1
New Hampshire1
New Jersey3
New York1
Rhode Island1
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