Des Moines Poverty Tr in Des Moines, Iowa (IA)
Table of contents:
| Des Moines Poverty Tr | |
| Employer Identification Number (EIN) | 201062526 |
| Name of Organization | Des Moines Poverty Tr |
| In Care of Name | Martin L Holt & Timothy Berardi |
| Address | 3101 Thompson Ave, Des Moines, IA 50317-3145 |
| Subsection | Charitable Organization |
| Ruling Date | 06/2005 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $392,060 |
| Amount of Income | $91,847 |
| Form 990 Revenue Amount | $91,847 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Emergency Assistance (Food, Clothing, Cash) |
Non-representatives - add comments:
Amount of income in 2013: $91,847 (it was $159,932 in 2012)
| Des Moines Poverty Tr: | $91,847 |
| Other organizations performing similar types of work: | $61,953 |
Assets in 2013: $392,060 (it was $437,477 in 2012)
| Des Moines Poverty Tr: | $392,060 |
| Other organizations performing similar types of work: | $34,253 |
Expenses in 2013: $137,264
| Des Moines Poverty Tr: | $137,264 |
| Other organizations performing similar types of work: | $53,058 |
Income to expenses ratio in 2013: 0.7
| Des Moines Poverty Tr: | 0.7 |
| Other organizations performing similar types of work: | 0.9 |
Grants share in income in 2013: 94.3%
| This organization: | 94.3% |
| Other organizations performing similar types of work: | 8.9% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $168,739 | $159,932 | $91,847 |
| Contributions, gifts, grants, and similar amounts received | $161,926 | $157,758 | $86,579 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $6,813 | $2,174 | $5,268 |
| 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 | $236,182 | $183,289 | $137,264 |
| Total net assets | $460,834 | $437,477 | $392,060 |
| Excess/Deficit for the year | $-67,443 | $-23,357 | $-45,417 |
| Net assets or fund balances at beginning of year | $528,277 | $460,834 | $437,477 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $437,477 | $392,060 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $460,834 | $437,477 | $392,060 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $460,834 | $437,477 | $392,060 |
| 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: (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 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $1,139,803 |
| Subtotal | $1,139,803 |
| Gifts, grants, contributions, and membership fees received | $1,139,803 |
| 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 | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $1,173,831 |
| Public support | $1,139,803 |
| Subtotal | $34,028 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $34,028 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Weaverland Financial Aid | 1601 Lincoln Rd, Lititz, PA 17543-9161 | PA | 2004-06 | $3,271,147 |
| 2 | Richmond Outreach Center Inc | PO BOX 6415, Richmond, VA 23230-0415 | VA | 2001-03 | $2,412,691 |
| 3 | Many Hands For Haiti | PO BOX 204, Pella, IA 50219-0204 | IA | 2009-05 | $1,241,891 |
| 4 | Keokuk Benevolent Union Home | 627 Grand Ave, Keokuk, IA 52632-5005 | IA | 2012-08 | $708,949 |
| 5 | Cv Gearhead Ministries Inc | 3606 Skyline Dr, Cedar Falls, IA 50613 | IA | 2010-07 | $79,570 |
| 6 | Rebuilding Palo Fund Inc | 2293 Burt Rd, Palo, IA 52324-9713 | IA | 2008-09 | $69,606 |
| 7 | Generations Of Compassion Foundation | PO BOX 65824, Wdm, IA 50265-0824 | IA | 2013-06 | $41,074 |
| 8 | Run The Flood | 2116 Concord Ct, Dubuque, IA 52003-7117 | IA | 2010-01 | $37,283 |
| 9 | Richland Pink Party For A Cure | PO BOX 82, Richland, IA 52585-0082 | IA | 2010-12 | $14,291 |
| 10 | Above And Beyond Healthcare Foundation Inc | 818 W 1st St Suite 301, Monticello, IA 52310 | IA | 2007-05 | $0 |
| 11 | Atlas Of The Valley, Java Hub | Po Box 394, Correctionville, IA 51016 | IA | 2014-06 | $0 |
| 12 | Benton County Disaster Recovery Coalition | Po Box 640, Vinton, IA 52349 | IA | 2009-02 | $0 |
| 13 | Boat Inc | 204 19th Street Se, Orange City, IA 51041 | IA | 2012-01 | $0 |
| 14 | Bondurant Fundraising Friends | 905 Lincoln St Se, Bondurant, IA 50035 | IA | 2010-05 | $0 |
| 15 | Community Bridge | Po Box 318, West Liberty, IA 52776 | IA | 2012-09 | $0 |
| 16 | Feed My People | 303 3rd St Nw, State Center, IA 50247-1002 | IA | 1998-09 | $0 |
| 17 | Fort Madison Community Thanksgiving Dinner Committee | 1013 Avenue E, Fort Madison, IA 52627-2816 | IA | 2002-11 | $0 |
| 18 | Gateway Masonic Association | 416 S 1st Street, Clinton, IA 52732 | IA | 2002-01 | $0 |
| 19 | Gear 2 Inc | 6750 Westown Parkway Ste 200-157, West Des Moines, IA 50266 | IA | 2014-12 | $0 |
| 20 | Hands Of Help | 3300 Maish, Des Moines, IA 50321 | IA | 2004-02 | $0 |
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| Total | 5,127 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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