TY 2011 Form 990EZ

Part IRevenue, Expenses, and Changes in Net Assets or Fund Balances (see the instructions for Part I.)Check if the organization used Schedule O to respond to any question in this Part I...........
	1	Contributions, gifts, grants, and similar amounts received...............	1	125,999
2	Program service revenue including government fees and contracts ............	2	0
3	Membership dues and assessments......................	3	0
4	Investment income...........................	4	0
5a	Gross amount from sale of assets other than inventory........	5a	1,900
b	Less: cost or other basis and sales expenses...........	5b	1,171
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c	729
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000) .	6a	0
b	Gross income from fundraising events (not including $ 0 of contributions from fundraising events reported on line 1) (attach Schedule G if the
	sum of such gross income and contributions exceeds $15,000)	6b	0
c	Less: direct expenses from gaming and fundraising events.......	6c	0
d	Net income or (loss) from gaming and fundraising events (Add lines 6a and 6b and subtract line 6c)	6d	0
7a	Gross sales of inventory, less returns and allowances........	7a	0
b	Less: cost of goods sold.................	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c	0
8	Other revenue (describe in Schedule O) .....................	8	0
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8.................	9	126,728
	10	Grants and similar amounts paid (list in Schedule O) .................	10	0
11	Benefits paid to or for members........................	11	0
12	Salaries, other compensation, and employee benefits................	12	52,632
13	Professional fees and other payments to independent contractors............	13	50,714
14	Occupancy, rent, utilities, and maintenance...................	14	2,828
15	Printing, publications, postage, and shipping...................	15	428
16	Other expenses (describe in Schedule O) ....................	16	19,423
17	Total expenses. Add lines 10 through 16 ....................	17	126,025
	18	Excess or (deficit) for the year (Subtract line 17 from line 9)............	18	703
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return)................	19	5,736
20	Other changes in net assets or fund balances (explain in Schedule O) ..........	20	0
21	Net assets or fund balances at end of year. Combine lines 18 through 20.........	21	6,439

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III.) Check if the organization used Schedule O to respond to any question in this Part III .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts; optional for others.)
What is the organization's primary exempt purpose? As described in our Form 1023, our purpose is to convey high quality information to the public on subjects useful to individuals and beneficial to society and the world (such as nonprofits, philanthropy, human rights, world affairs, the environment, health, and education), promote the sharing and discussing of ideas and information, and promote increased voluntarism and philanthropy.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 Published over 9,500 editions of information of interest and use to the public, covering various topic areas including nonprofits, philanthropy, human rights, world affairs, the environment, health, and education. Each edition included text, audio clips, photos, videos and live chats. We ended the year with over 3,240 registered users, which represents only a fraction of the total users, as most users do not register. Registration and use of our sites is free. We also posted all of our items to 4 different profiles on Twitter, and had over 95,000 ongoing users registered to follow our posts there. We also continued to publish the site WorldWealthCalculator.org in an effort to raise awareness of global poverty. We also created several new websites to further accomplish our purposes of providing information to the public and promoting nonprofits and philanthropy, including: Maps for the Poor, Counters for the Poor, In Sight In Mind, Water Pledge, Waterathon, and Give It Up For The Poor. Our nonprofit had more than 100 volunteers contribute more than 21,500 volunteer hours during the year. (Grants $ 0) If this amount includes foreign grants, check here ...	28a	116,090
29 (Grants $ ) If this amount includes foreign grants, check here ...	29a
30 (Grants $ ) If this amount includes foreign grants, check here ...	30a
31 Other program services (describe in Schedule O) .................. (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..............	32	116,090

(a) Name and title	(b) Average hours per week devoted to position	(c)Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation
Michael Kolar 1186 East Ivy Avenue St Paul,MN55106	Board Member0.1	0	0
Vincent J Winkel 1336 Tahiti Drive St Louis,MO63126	Board Member0.1	0	0
Amy Luchans 16 Sandra Drive Framingham,MA01701	Board Member0.1	0	0
Ellen Ferrante 4 Waring Circle Worcester,MA01609	Board Member0.1	0	0
Peter H Dunn 3327 Jaffa Dr Sarasota,FL34239	Board member and Executive Director (All pay is related to work as Executive Director)55.00	15,895

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.

Attach to Form 990 or Form 990-EZ. right arrow

See separate instructions.

OMB No. 1545-0047

2011

Open to Public
Inspection

Name of the organization

DAILY SOURCE LIMITED

Employer identification number

83-0374559

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

A church, convention of churches, or association of churches. section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

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). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An organization that normally receives: (1) more than 331/3% 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 331/3% 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. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. Seesection 509(a)(4).

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). See section 509(a)(3). Check the box that describes the type of supporting organization and complete lines 11e through 11h.

Type I

Type II

Type III - Functionally integrated

Type III - Other

By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).

If the organization received a written determination from the IRS that it is a Type I, Type II or Type III supporting organization, check this box ..................................................

Since August 17, 2006, has the organization accepted any gift or contribution from any of the
following persons?

(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)

Yes

and (iii) below, the governing body of the the supported organization? ................

11g(i)

(ii) a family member of a person described in (i) above? ......................

11g(ii)

(iii) a 35% controlled entity of a person described in (i) or (ii) above? ................

11g(iii)

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization in col. (i) listed in your governing document?		(v) Did you notify the organization in col. (i) of your support?		(vi) Is the organization in col. (i) organized in the U.S.?		(vii) Amount of support?
(i) Name of supported organization	(ii) EIN	Yes	No	Yes	No	Yes	No	(vii) Amount of support?


Total

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2011

Page 2

Part II

Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year(or fiscal year beginning in)		(a) 2007	(b) 2008	(c) 2009	(d) 2010	(e) 2011	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....	115,301	143,191	157,876	134,477	125,999	676,844
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......	0					0
3	The value of services or facilities furnished by a governmental unit to the organization without charge..	0					0
4	Total. Add lines 1 through 3..	115,301	143,191	157,876	134,477	125,999	676,844
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..						596,889
6	Public Support. Subtract line 5 from line 4.						79,955

Section B. Total Support

Calendar year(or fiscal year beginning in)		(a) 2007	(b) 2008	(c) 2009	(d) 2010	(e) 2011	(f) Total
7	Amounts from line 4..	115,301	143,191	157,876	134,477	125,999	676,844
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..
11	Total support (Add lines 7 through 10).						676,844

Gross receipts from related activities, etc. (See instructions.) ..................

First Five Years If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.......................................... right arrow

Section C. Computation of Public Support Percentage

Public Support Percentage for 2010 (line 6 column (f) divided by line 11 column (f)) .........

11.813 %

Public Support Percentage for 2009 Schedule A, Part II, line 14 ...............

11.925 %

16a

33 1/3% support test—2011. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ...................... right arrow

33 1/3% support test—2010. If the organization did not check the box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2011. If the organization did not check a box on line 13, 16a, or 16b and line 14
is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported
organization .................................................. right arrow

10%-facts-and-circumstances test—2010. If the organization did not check a box on line 13, 16a, 16b, or 17a and line
15 is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly
supported organization .............................................. right arrow

Private Foundation If the organization did not check a box on line 13, 16a, 16b, 17a or 17b, check this box and see
instructions ................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2011

Page 3

Part III

Support Schedule for Organizations Described in IRC 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year(or fiscal year beginning in)		(a) 2007	(b) 2008	(c) 2009	(d) 2010	(e) 2011	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	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......
3	Gross receipts from activities that are not an unrelated trade or business under section 513..
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge..
6	Total. Add lines 1 through 5.
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons...
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public Support (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2007	(b) 2008	(c) 2009	(d) 2010	(e) 2011	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
13	Total support (Add lines 9, 10c, 11 and 12.).

Section C. Computation of Public Support Percentage

Public Support Percentage for 2011 (line 8 column (f) divided by line 13 column (f)) .........

Public support percentage from 2010 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2011 (line 10c column (f) divided by line 13 column (f)) ......

Investment income percentage from 2010 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests—2011. If the organization did not check the box on line 14, and line 15 is more than 33 1/3% and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .......... right arrow

33 1/3% support tests—2010. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private Foundation If the organization did not check a box on line 14, 19a or 19b, check this box and see instructions ..... right arrow

Schedule A (Form 990 or 990-EZ) 2011

Page 4

Part IV

Supplemental Information. Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test
The service that we're using to Efile does not allow line returns so we've used capital letters to separate the sections of text to make it easier to read. Our nonprofit organization meets the facts and circumstances test for the following reasons: A) Our mission is to convey high quality information to the public on subjects useful to individuals and beneficial to society and the world (such as nonprofits, philanthropy, human rights, world affairs, the environment, health, and education), promote the sharing and discussing of ideas and information, and promote increased voluntarism and philanthropy. In the previous year, we published over 9,500 editions of our websites that do the above. Most editions included text, audio clips, photos, videos and live chats. B) Our service appeals to a wide swath of the public, and is not limited to a particular community or region. C) Our Web site is entirely free of charge to the public. We do not charge for its use or for registering. In addition, all of our past editions are made available to the public online for free on a continuous basis in our archives section. Nearly all of our site is accessible without registering. The other small portion is accessible for free for any person from the public who wants to spend 1 minute registering. The only reason registration is needed is that a user account is needed so their preferences on the site can be remembered. D) In IRS Year 2007, we had over 100 volunteers donate a total of 18,211 volunteer hours. The nonprofit association Independent Sector provides national rates for the value of services from volunteers that it updates annually from Bureau of Labor Statics data. For calendar year 2008, they estimate the dollar value of volunteer time is $20.25 per hour: http://www.independentsector.org/programs/research/volunteer_time.html. Their number comes from the Bureau of Labor Statics average wage figure increased by 12 percent to estimate for fringe benefits. Based on their recommended figure, volunteers gave us $368,777.47 in support in IRS year 2007 (our Fiscal Year ending Sept. 30, 2008). The IRS rules do not allow us to list that on the chart, yet it is support from the public. Counting it along with our $115,301 in monetary support for IRS year 2007 would put our public support at 76% even without factoring in donations under the 2% threshold for that year. With donations under the 2% threshold included, it's over 76%. In IRS Year 2008, we had over 120 volunteers donate 25,326.36 hours. In IRS year 2009, we had over 160 volunteers donate 36,365.51 hours. In IRS year 2010, we had over 130 volunteers donate 32,500 hours. In IRS year 2011, we had over 110 volunteers donate 21,719.46 hours. If these 135,307 hours counted towards support using the Independent Sector's 2008 number, then 79.92% of our support over the past 5 years comes from the public, even without factoring in donations under the 2% threshold. Even if a much lower figure like $15 an hour is used, it is still $2,029,605 in donated volunteer time, and means 74.85% of our support comes from the public. E) Our board is a mix of men and women from different states and different work backgrounds who represent a broad cross-section of public interests and views. Board member Peter Dunn is a journalist and former small business owner who has volunteered for numerous nonprofits. He is located in Florida. Board member Amy Luchans is Associate Director of Alumni Relations at Brandeis University in Waltham, Massachusetts and was assistant director of student activities at another college. Board member Vincent Winkel was the managing editor of Public Interactive, a division of NPR that provides Web platforms and online news content for over 300 public radio and television stations around the country, and later worked at American Public Media as Web editor and producer, and has worked for CNN, CBS, NPR and the BBC as a reporter. His coverage of multiple diverse topics has earned him major awards from the Overseas Press Club of America, the Associated Press, the Society of Professional Journalists, the International Radio Festival of New York, the Gabriel Awards and more. He is located in Missouri. Board Member Ellen Ferrante is president of a health-care company and serves on the boards of CASA Worcester County, a nonprofit in Massachusetts, and Salve Regina University in Rhode Island. Board member Michael Kolar is a coach and seminar leader, and is based in St. Paul, Minnesota. F) Our nonprofit has an ongoing fund-raising program, and we have received support from 34 different sources in the last 5 years. This includes from individuals, foundations and corporations, including Bank of America and Microsoft. Our donations that come from individuals come from a broad cross-section of people young and old, and have ranged from $5 to $25,000. We meet one-on-one with potential donors, we apply for grants with foundations, and we have a section on our Web site on a continuous basis encouraging people to donate. In addition, we have set up a module on our Web site that will allow donors to make recurring donations either quarterly or annually. G) People with significant expertise in our field participate in creating our editions for the public each day. This includes Carla Baranauckas who worked for 21 years at the New York Times, where she supervised editors and reporters in the department responsible for the front page of the Times website, and was the deputy copy chief for the national news. She is currently a professor at the Columbia University School of Journalism, where she teaches journalism to graduate students, and trains instructors for the school. It also includes Lynne Adams who was in charge of a team of 30 journalists covering breaking news, international and national stories for the BBC. She also ran mulitmedia training workshops for BBC's journalists. To see more people who participate, feel free to visit the "Our Team" page on our site. H) We have no advertisements or commercial activity. We have no unrelated business income.

Facts And Circumstances Test

The service that we're using to Efile does not allow line returns so we've used capital letters to separate the sections of text to make it easier to read. Our nonprofit organization meets the facts and circumstances test for the following reasons: A) Our mission is to convey high quality information to the public on subjects useful to individuals and beneficial to society and the world (such as nonprofits, philanthropy, human rights, world affairs, the environment, health, and education), promote the sharing and discussing of ideas and information, and promote increased voluntarism and philanthropy. In the previous year, we published over 9,500 editions of our websites that do the above. Most editions included text, audio clips, photos, videos and live chats. B) Our service appeals to a wide swath of the public, and is not limited to a particular community or region. C) Our Web site is entirely free of charge to the public. We do not charge for its use or for registering. In addition, all of our past editions are made available to the public online for free on a continuous basis in our archives section. Nearly all of our site is accessible without registering. The other small portion is accessible for free for any person from the public who wants to spend 1 minute registering. The only reason registration is needed is that a user account is needed so their preferences on the site can be remembered. D) In IRS Year 2007, we had over 100 volunteers donate a total of 18,211 volunteer hours. The nonprofit association Independent Sector provides national rates for the value of services from volunteers that it updates annually from Bureau of Labor Statics data. For calendar year 2008, they estimate the dollar value of volunteer time is $20.25 per hour: http://www.independentsector.org/programs/research/volunteer_time.html. Their number comes from the Bureau of Labor Statics average wage figure increased by 12 percent to estimate for fringe benefits. Based on their recommended figure, volunteers gave us $368,777.47 in support in IRS year 2007 (our Fiscal Year ending Sept. 30, 2008). The IRS rules do not allow us to list that on the chart, yet it is support from the public. Counting it along with our $115,301 in monetary support for IRS year 2007 would put our public support at 76% even without factoring in donations under the 2% threshold for that year. With donations under the 2% threshold included, it's over 76%. In IRS Year 2008, we had over 120 volunteers donate 25,326.36 hours. In IRS year 2009, we had over 160 volunteers donate 36,365.51 hours. In IRS year 2010, we had over 130 volunteers donate 32,500 hours. In IRS year 2011, we had over 110 volunteers donate 21,719.46 hours. If these 135,307 hours counted towards support using the Independent Sector's 2008 number, then 79.92% of our support over the past 5 years comes from the public, even without factoring in donations under the 2% threshold. Even if a much lower figure like $15 an hour is used, it is still $2,029,605 in donated volunteer time, and means 74.85% of our support comes from the public. E) Our board is a mix of men and women from different states and different work backgrounds who represent a broad cross-section of public interests and views. Board member Peter Dunn is a journalist and former small business owner who has volunteered for numerous nonprofits. He is located in Florida. Board member Amy Luchans is Associate Director of Alumni Relations at Brandeis University in Waltham, Massachusetts and was assistant director of student activities at another college. Board member Vincent Winkel was the managing editor of Public Interactive, a division of NPR that provides Web platforms and online news content for over 300 public radio and television stations around the country, and later worked at American Public Media as Web editor and producer, and has worked for CNN, CBS, NPR and the BBC as a reporter. His coverage of multiple diverse topics has earned him major awards from the Overseas Press Club of America, the Associated Press, the Society of Professional Journalists, the International Radio Festival of New York, the Gabriel Awards and more. He is located in Missouri. Board Member Ellen Ferrante is president of a health-care company and serves on the boards of CASA Worcester County, a nonprofit in Massachusetts, and Salve Regina University in Rhode Island. Board member Michael Kolar is a coach and seminar leader, and is based in St. Paul, Minnesota. F) Our nonprofit has an ongoing fund-raising program, and we have received support from 34 different sources in the last 5 years. This includes from individuals, foundations and corporations, including Bank of America and Microsoft. Our donations that come from individuals come from a broad cross-section of people young and old, and have ranged from $5 to $25,000. We meet one-on-one with potential donors, we apply for grants with foundations, and we have a section on our Web site on a continuous basis encouraging people to donate. In addition, we have set up a module on our Web site that will allow donors to make recurring donations either quarterly or annually. G) People with significant expertise in our field participate in creating our editions for the public each day. This includes Carla Baranauckas who worked for 21 years at the New York Times, where she supervised editors and reporters in the department responsible for the front page of the Times website, and was the deputy copy chief for the national news. She is currently a professor at the Columbia University School of Journalism, where she teaches journalism to graduate students, and trains instructors for the school. It also includes Lynne Adams who was in charge of a team of 30 journalists covering breaking news, international and national stories for the BBC. She also ran mulitmedia training workshops for BBC's journalists. To see more people who participate, feel free to visit the "Our Team" page on our site. H) We have no advertisements or commercial activity. We have no unrelated business income.

Explanation

Schedule A (Form 990 or 990-EZ) 2011

Additional Data

Software ID:	11000129
Software Version:	v1.00

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

OMB No. 1545-0047

2011

Name of organization

DAILY SOURCE LIMITED

Employer identification number

83-0374559

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.

Special Rules

For a section 501(c)(3) organization filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), and received from any one contributor, during the year, a contribution of the
greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 for use exclusively for religious, charitable,
scientific, literary, or educational purposes, or the prevention of cruelty to children or animals. Complete Parts I, II, and
III.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not total to more than $1,000. If this box is checked, enter here the total contributions that were received during
the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more
during the year. ......................... Arrow Bullet

Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 2

Name of organization DAILY SOURCE LIMITED
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Part I	Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	RESTRICTED RESTRICTED RESTRICTED RESTRICTED, RESTRICTED RESTRICTED	$RESTRICTED	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 3

Name of organization DAILY SOURCE LIMITED
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Part II	Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 4

Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Name of organization
DAILY SOURCE LIMITED

Employer identification number

83-0374559

Part III

Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Additional Data

Software ID:	11000129
Software Version:	v1.00

- TIN:

Schedule L
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V lines 38a or 40b.
MediumBullet

Attach to Form 990 or Form 990-EZ. MediumBullet

See separate instructions.

OMB No. 1545-0047

2011

Open to Public Inspection

Name of the organization

DAILY SOURCE LIMITED

Employer identification number

83-0374559

Part I

Excess Benefit Transactions (section 501(c)(3) and section 501 (c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(b) Description of transaction	(c) Corrected?
1(a) Name of disqualified person	(b) Description of transaction	Yes	No

Enter the amount of tax imposed on the organization managers or disqualified persons during the year under section 4958. ......................... Bullet Image

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 26, or Form 990-EZ, Part V, line 38a.

(a) Name of interested person and purpose	(b) Loan to or from the organization?		(c)Original principal amount	(d)Balance due	(e) In default?		(f) Approved by board or committee?		(g)Written agreement?
(a) Name of interested person and purpose	To	From	(c)Original principal amount	(d)Balance due	Yes	No	Yes	No	Yes	No
(1) Peter Dunn General expenses	X		40,000	40,000		No	Yes			No





Total ............... $				40,000

Part III

Grants or Assistance Benefitting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b)Relationship between interested person and the organization	(c)Amount of grant or type of assistance

For Privacy Act and Paperwork Reduction Act Notice, see the
Instructions for Form 990 or 990-EZ.

Cat. No. 50056A

Schedule L (Form 990 or 990-EZ) 2011

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person	(c) Amount of transaction	(d) Description of transaction	Yes	No

Part V

Supplemental Information

Complete this part to provide additional information for responses to questions on Schedule L (see instructions).

Identifier	Return Reference	Explanation
SchL_P02_S00_L00	Schedule L, Part II	$40,000 in short-term interest free loans were borrowed from Peter Dunn during the Fiscal Year Ending 9/30/2012. The Board of Directors has approved loans up to a maximum of $55,000 being made as needed to the organization, as long as any such loans were interest free. Mr. Dunn did not benefit in any way from making the short-term loans. In fact, he normally loses money when he loans money interest free because he loses the interest and/or investment gain he'd make if he invested it or had it in a bank.

Schedule L (Form 990 or 990-EZ) 2011

Additional Data

Software ID:	11000129
Software Version:	v1.00

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.

OMB No. 1545-0047

2011

Open to Public
Inspection

Name of the organization

DAILY SOURCE LIMITED

Employer identification number

83-0374559

Identifier	Return Reference	Explanation
F99Z_P01_S00_L16	Form 990-EZ, Part I, Line 16	Description;Amount^Supplies;6061\|Internet and telephone;3659\|Web services and hosting;7982\|Depreciation;1467\|Bank and credit card fees;254^Total;19423^
F99Z_P02_S00_L24	Form 990-EZ, Part II, Line 24	Description;EOY Amount^Pledges Receivable;14000\|Grants Receivable;20000\|Furniture and equipment after depreciation;2315\|Other long term assets;11402\|Merchandise for Volunteers and Donors;1086\|Security Deposits;100^Total;48903^
F99Z_P02_S00_L26	Form 990-EZ, Part II, Line 26	Description;EOY Amount^Credit cards payable;5375\|Loans payable;40000^Total;45375^

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2011

Additional Data

Software ID:	11000129
Software Version:	v1.00

(a) Name and address of each independent contractor paid more than $100,000	(b) Type of service	(c) Compensation
NONE

Sign Here

	Signature of officer	Date

	Type or print name and title