Galata Inc in Homestead, Florida (FL)

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Galata Inc
Employer Identification Number (EIN)311739831
Name of OrganizationGalata Inc
In Care of NameJoseph G Louis
AddressPO BOX 901872, Homestead, FL 33090-1872
SubsectionEducational Organization
Ruling Date12/2000
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 Period12/2011
Assets$500,000 to $999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$589,439
Amount of Income$554,591
Form 990 Revenue Amount$554,591
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Ethnic, Immigrant Centers, Services


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Amount of income in 2011: $554,591 (it was $566,007 in 2010)
This organization: 

 $554,591
Other organizations performing similar types of work: 

 $979,226

Assets in 2011: $589,439 (it was $593,549 in 2010)
Galata Inc: 

 $589,439
Other organizations performing similar types of work: 

 $630,192

Expenses in 2011: $580,345
Galata Inc: 

 $580,345
Other organizations performing similar types of work: 

 $980,422

Income to expenses ratio in 2011: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.0

Number of employees in 2011: 8
This organization: 

 8
Other organizations performing similar types of work: 

 23

Grants share in income in 2011: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 91.4%

Financial snapshot ($)

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$554,591
Contributions, Gifts, Grants and Other Similar Amounts$554,591
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$580,345
Compensation of current officers, directors, trustees, and key employees$49,375
Other salaries and wages$89,388
Payroll taxes$19,573
Professional fundraising services$0
Other$422,009
Balance Sheet (for 2011)
Total assets$589,439
Total liabilities$503,305
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$358,744
Unsecured notes and loans payable to unrelated third parties$0
Other$144,561
Total net assets or fund balances$86,134
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Aspira Of Florida Inc6100 Blue Lagoon Drive, Miami, FL 33126-2079FL1982-12$13,563,168
2Russian Outreach IncMiami, FL 33162FL$11,396
3Southwest Key Programs Inc6002 Jain Lane, Austin, TX 78721TX1988-06$168,051,119
4Special Service For Groups Inc905 E 8th Street, Los Angeles, CA 90021-1848CA1952-05$50,738,448
5The National Alliance For Hispanic Health1501 16th St Nw, Washington, DC 20036-1401DC1988-03$11,406,852
6United American Indian Involvement1125 W 6th St Ste 400, Los Angeles, CA 90017-1879CA1975-11$7,541,439
7Southern California Indian Center Inc10175 Slater Ave Ste 175, Fountain Valley, CA 92708-4702CA1969-07$2,801,336
8Vietnamese Social Services Of Minnesota277 Univerisy Avenue West, St Paul, MN 55103MN1987-12$1,397,787
9Walking Shield Inc22541 Aspan St Ste E, Lake Forest, CA 92630-6320CA1987-12$1,340,077
10South Texas Immigration Council4793 W Expressway 83, Harlingen, TX 78552-3606TX1979-05$1,331,747
11Small Tribes Organization Of Western Washington3040 96th St S, Lakewood, WA 98499-9395WA1975-08$1,153,287
12Strong Family Health Center1203 Oak St, Alturas, CA 96101-3225CA1982-11$1,139,772
13Upper Bronx Neighborhood Assoc For Puerto Rican Affairs, Upper Bronx N A P R A Inc1997 Bathgate Ave, Bronx, NY 10457-4406NY1993-12$979,226
14The Puerto Rican Action Committee Of Salem County A New Jersey Non114 East Main Sreet, Penns Grove, NJ 08069NJ1990-06$960,133
15Spanish Speaking Peoples Community Center303 Sumner St, Landisville, NJ 08326-1521NJ1971-08$918,683
16San Miguel Community Foundation220 N Zapata Hwy Ste 11, Laredo, TX 78043-4464TX1976-08$873,305
17The Hopi Foundation LomasuminagwtukwsiumaniPO BOX 301, Kykotsmovi, AZ 86039-0301AZ1988-05$633,035
18Spanish American Center Inc112 Spruce St, Leominster, MA 01453-6012MA1982-09$561,986
19Galata IncPO BOX 901872, Homestead, FL 33090-1872FL2000-12$554,591
20Southern California Fukinese Assoc610 Alpine St, Los Angeles, CA 90012-2204CA1982-02$519,677
Number of organizations performing similar types of work
Alaska3
Alabama1
Arizona5
California42
Colorado3
Connecticut3
District of Columbia5
Delaware1
Florida3
Georgia2
Hawaii1
Illinois16
Indiana2
Louisiana2
Massachusetts14
Maryland5
Michigan6
Minnesota6
Missouri1
Montana1
North Carolina8
North Dakota1
Nebraska1
New Jersey11
New Mexico3
Nevada2
New York31
Ohio8
Oregon3
Pennsylvania8
Rhode Island1
South Dakota3
Texas12
Utah3
Virginia3
Washington5
Wisconsin6
International2
Total233

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