New Life Development Inc in Anchorage, Alaska (AK)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Organizations performing similar types of work
New Life Development Inc | |
Employer Identification Number (EIN) | 562356407 |
Name of Organization | New Life Development Inc |
Address | 420 W 54th Ave, Anchorage, AK 99518-1133 |
Subsection | Charitable Organization |
Ruling Date | 03/2005 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2012 |
Assets | $10,000 to $24,999 |
Income | $500,000 to $999,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $21,730 |
Amount of Income | $584,574 |
Form 990 Revenue Amount | $414,618 |
National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Children's, Youth Services |
Non-representatives - add comments:
Amount of income in 2012: $584,574 (it was $414,618 in 2011)
This organization: | $584,574 |
Other organizations performing similar types of work: | $87,848 |
Assets in 2012: $21,730 (it was $-24,448 in 2011)
This organization: | $21,730 |
Other organizations performing similar types of work: | $32,434 |
Expenses in 2012: $518,858
New Life Development Inc: | $518,858 |
Other organizations performing similar types of work: | $79,179 |
Income to expenses ratio in 2012: 1.1
New Life Development Inc: | 1.1 |
Other organizations performing similar types of work: | 0.9 |
Grants share in income in 2012: 59.4%
This organization: | 59.4% |
Other organizations performing similar types of work: | 84.2% |
Revenue for 2012
Expenses for 2012
Assets for 2012
Analysis of Revenue and Expenses (for 2012) | ||||
Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
---|---|---|---|---|
Total revenue | $584,574 | $0 | $0 | |
Contributions, gifts, grants, etc., received | $347,494 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $0 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $237,080 | |||
Total expenses and disbursements | $518,858 | $0 | $0 | $0 |
Compensation of officers, directors, trustees, etc. | $82,621 | |||
Total operating and administrative expenses | $489,449 | $0 | $0 | |
Contributions, gifts, grants paid | $29,408 | |||
Excess of revenue over expenses and disbursements | $65,716 | |||
Net investment income | $0 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $21,730 | $0 |
Cash - non-interest-bearing | $19,929 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $0 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $1,801 | |
Total liabilities | $13,871 | |
Mortgages and other notes payable | $0 | |
Other | $13,871 | |
Total liabilities and net assets/fund balances | $7,859 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $0 |
Net capital loss | $0 |
Excise Tax Based on Investment Income (for 2012) | |
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
Tax based on investment income | $0 |
Total credits and payments | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $0 |
Overpayment | $0 |
Amount to be credited to 2013 estimated tax | $0 |
Statements Regarding Activities (for 2012) | |
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
During the year did the foundation (either directly or indirectly): | |
Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
Agree to pay money or property to a government official? | No |
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
During the year did the foundation pay or incur any amount to: | |
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
Provide a grant to an individual for travel, study, or other similar purposes? | No |
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
Minimum Investment Return (for 2012) | |
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $0 |
Net value of noncharitable-use assets | $0 |
Minimum investment return | $0 |
Distributable Amount (for 2012) | |
Distributable amount | $0 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $0 |
Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
Private Operating Foundations (for 2012) | |||||
2012 | 2011 | 2010 | 2009 | Total | |
---|---|---|---|---|---|
The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
Value of all assets | $0 | $0 | $0 | $0 | $0 |
Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
Gross investment income | $0 | $0 | $0 | $0 | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Youth Services Of Glenview- Northbrook | 3080 W Lake Ave, Glenview, IL 60026-1210 | IL | 1982-08 | $1,259,095 |
2 | Wesley Spectrum Services | 221 Penn Avenue Suite 3000, Wilkinsburg, PA 15221-2118 | PA | 1994-08 | $29,484,272 |
3 | United For Families Inc | 10570 S Federal Hwy No 300, Port St Lucie, FL 34952-5606 | FL | 2000-03 | $26,306,855 |
4 | Devereux Community Based Care Inc | 10570 S Federal Hwy Ste 300, Port St Lucie, FL 34952-5606 | FL | 2014-08 | $17,030,483 |
5 | Alliance For Early Success | PO BOX 6756, Shawnee Msn, KS 66206-0756 | KS | 2008-09 | $8,333,146 |
6 | Girls Who Code Inc | 28 W 23rd St Fl 4, New York, NY 10010-5260 | NY | 2012-07 | $7,614,029 |
7 | Wingspan Care Group | 22001 Fairmount Blvd, Shaker Hts, OH 44118-4819 | OH | 2003-11 | $6,712,069 |
8 | The Committee For Hispanic Children And Families Inc | 110 William St Rm 1802, New York, NY 10038-3922 | NY | 1983-06 | $5,793,734 |
9 | South Central Alabama Mental Health Board Inc | 19815 Bay Branch Rd, Andalusia, AL 36420-9234 | AL | 1990-07 | $5,790,747 |
10 | New Life Development Inc | 420 W 54th Ave, Anchorage, AK 99518-1133 | AK | 2005-03 | $584,574 |
11 | Bear Valley Community Association | 15001 Mounta1n Air Dr, Anchorage, AK 99516 | AK | 2014-10 | $437,693 |
12 | Frontline Mission | 2001 Palmer Wasilla Hwy, Wasilla, AK 99654 | AK | 2008-03 | $70,724 |
13 | Jame Spernak Memorial Hockey Foundation | 3541 Sailboard Cir, Anchorage, AK 99516-3500 | AK | 2000-06 | $138 |
14 | Alaska Youth Outreach Inc Ayo, Ayo | 8830 Banjo Cir, Anchorage, AK 99502-5571 | AK | 2011-08 | $0 |
15 | Child Refuge International | Po Box 210543, Auke Bay, AK 99821 | AK | 2010-03 | $0 |
16 | Chilkat Valley Community Recreation Center Inc | Po Box 866, Haines, AK 99827-0866 | AK | 2000-06 | $0 |
17 | Clothes For Keeps | 18846 Whirlaway Road, Eagle River, AK 99577 | AK | 2012-09 | $0 |
18 | Iliamna Services | Po Box 240614, Anchorage, AK 99524 | AK | 2002-08 | $0 |
19 | South Sudan S Children Project Inc | 331 W 33rd Ave Apt 26, Anchorage, AK 99503-4770 | AK | 2002-12 | $0 |
20 | The Verge Inc | Po Box 873784, Wasilla, AK 99687 | AK | 1997-03 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 5,909 |
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