Kente Enterprises Inc in New London, Connecticut (CT)

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Kente Enterprises Inc
Employer Identification Number (EIN)061541163
Name of OrganizationKente Enterprises Inc
In Care of NameJane Glover
Address219 Bank St, New London, CT 06320-6042
SubsectionCharitable Organization
Ruling Date08/1999
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 Period06/2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$65,467
Amount of Income$91,120
Form 990 Revenue Amount$91,120
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Cultural, Ethnic Awareness


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Amount of income in 2012: $91,120 (it was $81,363 in 2011)
This organization: 

 $91,120
Other organizations performing similar types of work: 

 $120,360

Assets in 2012: $65,467 (it was $60,406 in 2011)
Kente Enterprises Inc: 

 $65,467
Other organizations performing similar types of work: 

 $169,282

Expenses in 2012: $57,431
This organization: 

 $57,431
Other organizations performing similar types of work: 

 $104,111

Income to expenses ratio in 2012: 1.6
Kente Enterprises Inc: 

 1.6
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2012: 100.0%
Kente Enterprises Inc: 

 100.0%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$91,120
Contributions, gifts, grants, and similar amounts received$91,120
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
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$57,431
Total net assets$65,467
Excess for the year$33,689
Net assets or fund balances at beginning of year$31,778
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$65,467
Total liabilities$0
Net assets or fund balances$65,467
Other Information (for 2012)
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 2012)
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 2012)
2008 - 2012 Total
Total support$484,326
Gifts, grants, contributions, and membership fees received$473,750
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$7,050
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
Other$3,526
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Highland Festival Association Of Scotland Ct Inc, Scotland Highland FestivalPo Box 212, Scotland, CT 06264-0212CT1998-06$33,142
2The Workmens Circle Arbeter Ring Incorporated247 W 37th St Frnt 5, New York, NY 10018-5129NY1965-06$54,135,638
3Turkish Cultural Foundation1510 H St Nw Ste 900, Washington, DC 20005-1014DC2000-06$11,121,296
4Sealaska Heritage Institute1 Sealaska Plz Ste 301, Juneau, AK 99801-1245AK1982-02$7,870,397
5Portuguese Cultural Center Inc65 Sand Pit Rd, Danbury, CT 06810-4039CT2001-02$3,013,049
6Artists Collective Incorporated1200 Albany Ave, Hartford, CT 06112-2104CT1973-04$1,695,413
7Feile Incorporated74 Beach Rd, Fairfield, CT 06824-6002CT1994-04$323,226
8Sankofa Kuumba Cultural Arts ConsortiumPO BOX 1255, Hartford, CT 06143-1255CT2000-09$275,190
9Irish American Community Center Venice Place9 Venice Pl, East Haven, CT 06512-1428CT1982-07$246,862
10Alliance Francaise Of Greenwich Inc299 Greenwich Ave, Greenwich, CT 06830-6504CT1971-03$192,532
11Polish Language School IncPO BOX 2221, New Britain, CT 06050-2221CT1974-04$181,514
12Pontian Society-Pontos-Norwalk Inc7 Isaac St, Norwalk, CT 06850-4107CT1983-11$135,587
13Obey Foundation IncPO BOX 7030, Wilton, CT 06897-7030CT1998-12$134,686
14Chinese Culture Center IncPO BOX 380825, East Hartford, CT 06138-0825CT1981-08$132,610
15Wild Geese Inc1100 Summer St Fl 3, Stamford, CT 06905-5534CT1983-04$129,747
16West Indian Foundation IncPO BOX 320394, Hartford, CT 06132-0394CT1978-07$51,079
17Connecticut German American Day Committee Inc800 Old Colony Road, Meriden, CT 06451CT1998-11$0
18Finnish Cultural Association Inc21 Commodore Hull Drive, Derby, CT 06418CT2000-01$0
19Pakistani American Association Of ConnecticutP O Box 769, South Windsor, CT 06074CT2002-08$0
20Pilipino American Association Of Greather Hartford47 Cone Rd, E Hampton, CT 06424-2109CT1999-07$0
Number of organizations performing similar types of work
Alaska11
Alabama4
Arkansas1
Arizona16
California190
Colorado12
Connecticut27
District of Columbia9
Delaware7
Florida36
Georgia25
Hawaii34
Iowa6
Idaho2
Illinois47
Indiana12
Kansas7
Kentucky6
Louisiana9
Massachusetts53
Maryland33
Michigan20
Minnesota28
Missouri22
Mississippi1
Montana3
North Carolina18
North Dakota4
Nebraska1
New Hampshire3
New Jersey37
New Mexico11
Nevada5
New York121
Ohio46
Oklahoma8
Oregon15
Pennsylvania32
Rhode Island5
South Carolina2
Tennessee10
Texas73
Utah4
Virginia22
Vermont1
Washington20
Wisconsin24
West Virginia1
International1
Total1,085

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