Kiwanis Club Of Newport Foundation Inc in Newport, Tennessee (TN)

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Kiwanis Club Of Newport Foundation Inc
Employer Identification Number (EIN)621626213
Name of OrganizationKiwanis Club Of Newport Foundation Inc
In Care of NameL C Gregg
Address170 W Broadway, Newport, TN 37821-2325
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Scholarships (other)
SubsectionEducational Organization
Ruling Date06/1996
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 Period09/2012
Assets$100,000 to $499,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$131,757
Amount of Income$16,570
Form 990 Revenue Amount$16,570
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 2012: $16,570 (it was $5,206 in 2011)
Kiwanis Club Of Newport Foundation Inc: 

 $16,570
Other organizations performing similar types of work: 

 $42,700

Assets in 2012: $131,757 (it was $116,048 in 2011)
This organization: 

 $131,757
Other organizations performing similar types of work: 

 $68,974

Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$5,206
Contributions, gifts, grants, and similar amounts received$600
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$4,606
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$9,107
Total net assets$116,048
Deficit for the year$-3,901
Net assets or fund balances at beginning of year$120,967
Other changes in net assets or fund balances$-1,018
Balance Sheets (for 2011)
Total assets$116,048
Total liabilities$0
Net assets or fund balances$116,048
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 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$62,395
Gifts, grants, contributions, and membership fees received$27,010
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$35,385
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Health Scholarships IncPO BOX 1337, Hawkinsville, GA 31036-7337GA1999-04$157,402,420
2Montana Higher Education Student Assistance Corporation2500 E Broadway St, Helena, MT 59601-4901MT1983-03$119,407,568
3Educational Services Of America Inc104 N Seven Oaks Dr, Knoxville, TN 37922-2359TN1996-06$72,052,479
4Usa Funds Education Endowment Inc10475 Crosspoint Blvd Ste 230, Indianapolis, IN 46256-3387IN2005-07$41,529,411
5Greater Texas Foundation6100 Foundation Place Dr, Bryan, TX 77807-1105TX1980-05$39,027,572
6Foundation For Educational FundingPO BOX 82552, Lincoln, NE 68501-2552NE2002-08$36,471,952
7American Association Of University Women Inc9490 N Ridgewood Road, Pocatello, ID 83201ID2010-03$28,150,155
8Firemens Association Of The State New York Foundation Inc107 Washington Avenue, Albany, NY 12210-2200NY2003-01$23,169,842
9Cardinal Services Inc Of Indiana504 N Bay Dr, Warsaw, IN 46580-4627IN1965-06$21,816,763
10P E O Educational Loan Fund3700 Grand Ave, Des Moines, IA 50312-2806IA1962-09$21,045,638
11Bill And Carol Latimer Charitable Foundation201 West Main St No E, Union City, TN 38261-2131TN2006-09$24,514,031
12The Hca FoundationPO BOX 570, Nashville, TN 37202-0570TN2002-07$11,275,035
13Cic Foundation2206 21st Ave S Ste 301, Nashville, TN 37212-4922TN2003-12$4,891,593
14Memphis Opportunity Scholarship Trust Inc850 Ridge Lake Blvd, Memphis, TN 38120-9419TN1998-04$3,114,939
15American Educational Assistance Foundation Inc1321 Murfreesboro Ste 800, Nashville, TN 37217-2698TN2003-09$560,211
16Christine R & W Shibley Scholarship TrustPO BOX 370, Dyersburg, TN 38025-0370TN2004-12$410,823
17Goddard Foundation8706 River Hollow Dr, Cordova, TN 38016-1659TN2000-04$262,354
18Blue Streak Scholarship Fund Inc5825 Shelby Oaks Dr, Memphis, TN 38134-7316TN2003-11$157,635
19Germantown Fine Arts Foundation7653 Old Poplar Pike, Germantown, TN 38138TN2002-04$133,012
20Col R Mcdonald Gray Family Foundation162 D Market Place Blvd, Knoxville, TN 37922-2337TN1999-12$132,460
Number of organizations performing similar types of work
Alaska43
Alabama250
Arkansas194
Arizona319
California2,300
Colorado349
Connecticut321
District of Columbia190
Delaware72
Florida1,105
Georgia574
Hawaii107
Iowa213
Idaho84
Illinois983
Indiana318
Kansas186
Kentucky239
Louisiana208
Massachusetts723
Maryland523
Maine130
Michigan616
Minnesota318
Missouri405
Mississippi131
Montana104
North Carolina548
North Dakota21
Nebraska109
New Hampshire123
New Jersey1,012
New Mexico109
Nevada138
New York1,422
Ohio817
Oklahoma213
Oregon252
Pennsylvania868
Rhode Island122
South Carolina208
South Dakota48
Tennessee287
Texas1,807
Utah187
Virginia572
Vermont84
Washington420
Wisconsin373
West Virginia96
Wyoming40
International28
Total20,909

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