Hibret Ethiopian Association Inc in Stone Mtn, Georgia (GA)

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Hibret Ethiopian Association Inc
Employer Identification Number (EIN)432057312
Name of OrganizationHibret Ethiopian Association Inc
In Care of NameFekadu Waldemariam
Address1305 Ginger Wood Dr, Stone Mtn, GA 30083-1818
SubsectionFraternal Beneficiary Society, Order or Association
Ruling Date11/2012
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$25,000 to $99,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$81,006
Amount of Income$19,518
Form 990 Revenue Amount$19,518
National Taxonomy of Exempt Entities (NTEE)Mutual/Membership Benefit Organizations, Other: Local Benevolent Life Insurance Associations, Mutual Irrigation and Telephone Companies, and Like Organizations


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Amount of income in 2011: $19,518 (it was $22,968 in 2010)
Hibret Ethiopian Association Inc: 

 $19,518
Other organizations performing similar types of work: 

 $129,985

Assets in 2011: $81,006 (it was $61,488 in 2010)
Hibret Ethiopian Association Inc: 

 $81,006
Other organizations performing similar types of work: 

 $512,274

Expenses in 2010: $10,446
Hibret Ethiopian Association Inc: 

 $10,446
Other organizations performing similar types of work: 

 $115,862

Income to expenses ratio in 2010: 1.9
This organization: 

 1.9
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2010: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2010)
Total revenue$22,968
Contributions, gifts, grants, and similar amounts received$22,968
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$10,446
Total net assets$61,488
Excess for the year$12,522
Net assets or fund balances at beginning of year$48,966
Other changes in net assets or fund balances$0
Balance Sheets (for 2010)
Total assets$61,488
Total liabilities$0
Net assets or fund balances$61,488
Other Information (for 2010)
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 2010)
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
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18Mountain Lakes Water & Sewer Authority IncPO BOX 1096, Dawsonville, GA 30534-0022GA2009-12$107,093
19Hibret Ethiopian Association Inc1305 Ginger Wood Dr, Stone Mtn, GA 30083-1818GA2012-11$19,518
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Number of organizations performing similar types of work
Alaska5
Alabama4
Arkansas13
Arizona15
California95
Colorado49
Connecticut1
Florida12
Georgia6
Hawaii6
Iowa1
Idaho38
Illinois18
Indiana10
Kansas3
Kentucky4
Louisiana18
Massachusetts3
Maryland4
Michigan6
Minnesota5
Missouri12
Mississippi44
Montana11
North Carolina9
North Dakota1
New Hampshire3
New Jersey1
New Mexico28
Nevada6
New York9
Ohio13
Oklahoma5
Oregon26
Pennsylvania16
Rhode Island2
South Carolina5
South Dakota5
Tennessee3
Texas68
Utah45
Virginia6
Vermont4
Washington58
West Virginia6
Wyoming5
Total707

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