Assateague Peoples Inc in Frankford, Delaware (DE)

Assateague Peoples Inc
Employer Identification Number (EIN)	522093497
Name of Organization	Assateague Peoples Inc
In Care of Name	Larry E Smack
Address	Po Box 63, Frankford, DE 19945
Activities	Described in section 509(a)(2) of the Code, Indians (tribes, cultures, etc.)
Subsection	Charitable Organization, Educational Organization
Ruling Date	05/1998
Deductibility	Contributions are deductible
Foundation	Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	2009
Assets	$1 to $9,999
Income	$1 to $9,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$3,266
Amount of Income	$1,450
Form 990 Revenue Amount	$1,450
National Taxonomy of Exempt Entities (NTEE)	Social Science Research Institutes, Services: Ethnic Studies

Non-representatives - add comments:

Amount of income in 2009: $1,450 (it was $1,450 in 2013)

This organization:	$1,450
Other organizations performing similar types of work:	$134,588

Assets in 2009: $3,266 (it was $3,266 in 2013)

This organization:	$3,266
Other organizations performing similar types of work:	$251,229

Expenses in 2013: $0

Assateague Peoples Inc:	$0
Other organizations performing similar types of work:	$140,027

Grants share in income in 2013: 100.0%

This organization:	100.0%
Other organizations performing similar types of work:	96.0%

Financial snapshot ($)

	2010	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$2,265	$2,493	$2,690	$1,450
Contributions, gifts, grants, and similar amounts received	$1,950	$1,700	$2,750	$1,450
Program service revenue including government fees and contracts	$0	$0	$0	$0
Membership dues and assessments	$0	$0	$0	$0
Investment income	$0	$0	$0	$0
Gain/Loss from sale of assets other than inventory	$315	$0	$-60	$0
Net income/loss from gaming and fundraising events	$0	$0	$0	$0
Gross profit/loss from sales of inventory	$0	$793	$0	$0
Other revenue	$0	$0	$0	$0
Total expenses	$0	$92	$0	$0
Total net assets	$8,017	$8,663	$7,316	$3,266
Excess/Deficit for the year	$2,265	$2,401	$2,690	$1,450
Net assets or fund balances at beginning of year	$5,752	$6,262	$4,626	$1,816
Other changes in net assets or fund balances	$0	$0	$0	$0
Net assets or fund balances at end of year	$11,734		$11,354	$1,450

	2010	2011	2012	2013
Balance Sheets
Total assets	$8,017	$8,663	$7,316	$3,266
Total liabilities	$0	$0	$0	$0
Net assets or fund balances	$8,017	$8,663	$7,316	$3,266

	2010	2011	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?	No		No	No
Were any significant changes made to the organizing or governing documents?	No		No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No	No	No	No
Has the organization filed a Form 990-T for the year?	No		No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?	No		No	No
Amount of political expenditures, direct or indirect	$0		$0	$0
Did the organization file Form 1120-POL for this year?	No		No	No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?	No		No	Yes
Total amount involved	$0		$0	$0
Initiation fees and capital contributions	$0	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0	$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?	No		No	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No		No	No

Reason for Public Charity Status (for 2013)
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
Number of organizations supported	0
Sum of amounts of support	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Asian Americans Advancing Justice - Chicago	Suite 502, Chicago, IL 60640	IL	1993-03	$1,097,866
2	Poverty And Race Research Action Council	1200 18th St Nw Ste 200, Washington, DC 20036-2529	DC	1991-03	$636,150
3	Center For Cuban Studies Inc	231 West 29 Street, New York, NY 10001-5209	NY	1971-01	$623,523
4	Ocean Quest Inc	PO BOX 928, Falmouth, MA 02541-0928	MA	1993-05	$134,588
5	Vail Valley Institute	Po Box 1490, Vail, CO 81658	CO	1989-10	$108,872
6	Black World Foundation, The Black Scholar	1822 25th Avenue, Seattle, WA 98122	WA	1973-07	$15,763
7	Assateague Peoples Inc	Po Box 63, Frankford, DE 19945	DE	1998-05	$1,450
8	Centre For Business And Public Sector Ethics Usa	Bury St Edmunds Ip33 3ph, United Kingdom	international	1995-01	$460

Number of organizations performing similar types of work

Colorado	1
District of Columbia	1
Delaware	1
Illinois	1

Massachusetts	1
New York	1
Washington	1
International	1

Total

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