The Basic Idea Ministries Inc in Cumming, Georgia (GA)
Table of contents:
| The Basic Idea Ministries Inc | |
| Employer Identification Number (EIN) | 273374066 |
| Name of Organization | The Basic Idea Ministries Inc |
| In Care of Name | DAVID LEWIS |
| Address | 4730 Rambling Rose Drive, Cumming, GA 30040 |
| Website | http://www.thebasicidea.org |
| Subsection | Educational Organization |
| Ruling Date | 07/2011 |
| 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 | 2010 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $27,976 |
| Amount of Income | $140,757 |
| Form 990 Revenue Amount | $140,757 |
| National Taxonomy of Exempt Entities (NTEE) | International, Foreign Affairs and National Security: International Development, Relief Services |
Non-representatives - add comments:
Amount of income in 2010: $140,757 (it was $140,757 in 2013)
| The Basic Idea Ministries Inc: | $140,757 |
| Other organizations performing similar types of work: | $76,802 |
Assets in 2010: $27,976 (it was $27,976 in 2013)
| The Basic Idea Ministries Inc: | $27,976 |
| Other organizations performing similar types of work: | $27,506 |
Expenses in 2013: $18,074
| This organization: | $18,074 |
| Other organizations performing similar types of work: | $66,701 |
Income to expenses ratio in 2013: 7.8
| The Basic Idea Ministries Inc: | 7.8 |
| Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2013: 100.0%
| This organization: | 100.0% |
| Other organizations performing similar types of work: | 51.2% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $65,243 | $86,883 | $140,757 |
| Contributions, gifts, grants, and similar amounts received | $65,243 | $86,883 | $140,757 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $61,896 | $84,596 | $18,074 |
| Total net assets | $6,202 | $8,489 | $26,563 |
| Excess/Deficit for the year | $3,347 | $2,287 | $122,683 |
| Net assets or fund balances at beginning of year | $2,855 | $6,202 | $-96,120 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $8,489 | $131,172 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $6,453 | $10,539 | $27,976 |
| Total liabilities | $251 | $2,050 | $1,413 |
| Net assets or fund balances | $6,202 | $8,489 | $26,563 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | 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 | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $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 | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | 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) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $299,815 |
| Subtotal Support | $299,815 |
| Gifts, grants, contributions, and membership fees received | $299,815 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $299,815 |
| Public Support | $299,815 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Akola Project Inc | 3311 Elm Street, Dallas, TX 75226-2525 | TX | 2006-06 | $821,528 |
| 2 | Gsma Mobile For Development Foundation Inc | 1000 Abernathy Road, Atlanta, GA 30328-5606 | GA | 2008-05 | $12,323,453 |
| 3 | Water At Work Ministry Inc | PO BOX 133192, Atlanta, GA 30333-3192 | GA | 2012-08 | $626,286 |
| 4 | Sombra Road Inc | 4279 Roswell Road Ne Ste 102-262, Atlanta, GA 30342-3769 | GA | 2004-01 | $605,698 |
| 5 | Mission Malinalco | 5050 Princeton Trce, Cumming, GA 30041-1503 | GA | 2010-04 | $580,336 |
| 6 | Dr Hawa Abdi Foundation Inc | 4148 Rue Antoinette, Stone Mtn, GA 30083-4404 | GA | 2012-03 | $472,379 |
| 7 | Godesign Inc | 715 Maupas Ave, Savannah, GA 31401-9328 | GA | 2011-06 | $217,750 |
| 8 | Pro Pueblo, Pro Pueblo Foundation Corp | 227 Sandy Springs Place Suite D 307, Atlanta, GA 30328 | GA | 2010-09 | $173,076 |
| 9 | Do Good Initiative Inc | 115 Vickery St, Roswell, GA 30075-4980 | GA | 2011-10 | $151,920 |
| 10 | Iugb Foundation Inc | 50 Hurt Plz Se Ste 710, Atlanta, GA 30303-2963 | GA | 2013-12 | $149,205 |
| 11 | Because Of Kennedy Inc | 2755 Saddle Ridge Lake Drive, Marietta, GA 30062 | GA | 2009-11 | $144,306 |
| 12 | The Basic Idea Ministries Inc | 4730 Rambling Rose Drive, Cumming, GA 30040 | GA | 2011-07 | $140,757 |
| 13 | Friends Of The Union Of Palestinian Medical Relief Committees Inc | 2774 Jasmine Ct Ne, Atlanta, GA 30345-1430 | GA | 2014-10 | $139,985 |
| 14 | Lantern Of Hope Inc | PO BOX 165, Thomasville, GA 31799-0165 | GA | 2004-01 | $100,338 |
| 15 | Improve International Inc | 1579 Monroe Dr Ne Suite 347, Atlanta, GA 30324 | GA | 2011-08 | $91,246 |
| 16 | Bethlehem International Christian Foundation | 3655 Rosehaven Way, Suwanee, GA 30024-2259 | GA | 2009-06 | $76,802 |
| 17 | Just One Foundation | 6720 Preston Glen Dr, Alpharetta, GA 30005 | GA | 2013-06 | $70,882 |
| 18 | Seven Summits Surgical Ventures Inc | 1213 Walke Dairy Road, Dublin, GA 31021 | GA | 2011-02 | $70,250 |
| 19 | Team Honduras Of Mt Zion Baptist Church Non-Profit Company | PO BOX 272, Bolingbroke, GA 31004-0272 | GA | 2014-04 | $65,574 |
| 20 | Picture Of Health Foundation Inc | 2227 Idlewood Rd, Tucker, GA 30084-4827 | GA | 2011-12 | $61,759 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 4,082 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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