Flywheel Social Enterprise Hub in Covington, Kentucky (KY)
Table of contents:
| Flywheel Social Enterprise Hub | |
| Employer Identification Number (EIN) | 460889572 |
| Name of Organization | Flywheel Social Enterprise Hub |
| In Care of Name | Flywheel Social Enterprise Hub |
| Address | 1650 Russell St, Covington, KY 41011-3361 |
| Subsection | Educational Organization, Charitable Organization |
| Ruling Date | 04/2014 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $8,750 |
| Amount of Income | $168,374 |
| Form 990 Revenue Amount | $168,374 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Management & Technical Assistance |
Non-representatives - add comments:
Amount of income in 2013: $168,374
| This organization: | $168,374 |
| Other organizations performing similar types of work: | $360,929 |
Assets in 2013: $8,750
| This organization: | $8,750 |
| Other organizations performing similar types of work: | $203,166 |
Expenses in 2013: $203,622
| Flywheel Social Enterprise Hub: | $203,622 |
| Other organizations performing similar types of work: | $406,209 |
Income to expenses ratio in 2013: 0.8
| Flywheel Social Enterprise Hub: | 0.8 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 41.6%
| This organization: | 41.6% |
| Other organizations performing similar types of work: | 34.5% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |
| 2013 | |
|---|---|
| Total revenue | $168,374 |
| Contributions, gifts, grants, and similar amounts received | $70,000 |
| Program service revenue including government fees and contracts | $98,374 |
| Membership dues and assessments | $0 |
| Investment income | $0 |
| Gain/Loss from sale of assets other than inventory | $0 |
| Net income/loss from gaming and fundraising events | $0 |
| Gross profit/loss from sales of inventory | $0 |
| Other revenue | $0 |
| Total expenses | $203,622 |
| Total net assets | $8,468 |
| Excess/Deficit for the year | $-35,248 |
| Net assets or fund balances at beginning of year | $43,716 |
| Other changes in net assets or fund balances | $0 |
| Net assets or fund balances at end of year | $8,468 |
| Balance Sheets | |
| 2013 | |
|---|---|
| Total assets | $8,750 |
| Total liabilities | $282 |
| Net assets or fund balances | $8,468 |
| Other Information | |
| 2013 | |
|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No |
| Were any significant changes made to the organizing or governing documents? | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
| Has the organization filed a Form 990-T for the year? | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No |
| Amount of political expenditures, direct or indirect | $0 |
| Did the organization file Form 1120-POL for this year? | 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 |
| Total amount involved | $0 |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $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 |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | 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 | $380,244 |
| Subtotal | $380,244 |
| Gifts, grants, contributions, and membership fees received | $165,000 |
| 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 | $215,244 |
| 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 | $380,244 |
| Public support | $380,244 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Rose Garden Center For Hope And Healing in Covington, KY
 |
|
Sunday Morning Club Covington Kentucky in Covington, KY
|
|
Isaiah House Inc in Willisburg, KY
|
| Boyle Mercer County Helping Hands Association Inc in Danville, KY |
|
Louisville Poker Society in Louisville, KY
|
| Southwest E-Z-Duz-It Club Inc in Louisville, KY |
|
Campbell County Rural Knothole League Inc in Alexandria, KY
|
|
Boston Union Church Foundation in Butler, KY
|
|
Vineyard Worship Center in Mortons Gap, KY
|
Dover Volunteer Fire Department Inc in Dover, KY
 |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Louisiana Association Of Commun Ity Action Partnerships Inc | P O Box 459, Sicily Islanf, LA 71368 | LA | 1999-08 | $74,042,675 |
| 2 | Experience Corps, Aarp Experience Corps | 601 E St Nw, Washington, DC 20049-0001 | DC | 2009-05 | $6,849,787 |
| 3 | Tides Two Rivers Fund | PO BOX 29198, San Francisco, CA 94129-0198 | CA | 2004-10 | $1,319,746 |
| 4 | Social Venture Partners International | 220 Second Avenue South Third Floor, Seattle, WA 98104-2222 | WA | 2003-01 | $1,080,272 |
| 5 | Brooks Skilled Nursing Facility Holdings A Inc | 3599 University Blvd South, Jacksonville, FL 32216-4252 | FL | 2011-02 | $693,066 |
| 6 | Worldwide Initiatives For Grantmaker Support Inc | Av Brigadeiro Faria Lima 2413 Cjto 11, Sao Paulo | international | 2010-12 | $648,641 |
| 7 | Restoration Development Foundation Inc, Restoration Gateway | 4300 W Waco Drive B2-314, Waco, TX 76710-7010 | TX | 2008-03 | $608,778 |
| 8 | Center For Nonprofit Excellence | 323 W Broadway Ste 501, Louisville, KY 40202-2178 | KY | 2003-09 | $530,872 |
| 9 | Mediacausesorg Incorporated, Mediacauseorg | 349 Mountain View Ave, San Rafael, CA 94901-1371 | CA | 2011-09 | $520,765 |
| 10 | San Diego Grantmakers | 5060 Shoreham Pl Ste 350, San Diego, CA 92122-5977 | CA | 1999-10 | $499,943 |
| 11 | Flywheel Social Enterprise Hub | 1650 Russell St, Covington, KY 41011-3361 | KY | 2014-04 | $168,374 |
| 12 | The Broitman Foundation Inc | 100 Brooks Bnd, Princeton, NJ 08540-7545 | NJ | 1987-11 | $155,827 |
| 13 | Southeast Texas Nonprofit Development Center | 700 North St Ste D, Beaumont, TX 77701-1834 | TX | 2007-06 | $97,463 |
| 14 | Business Development Solutions International | 1421 Mass Ave Nw, Washington, DC 20005-2806 | DC | 2010-05 | $97,383 |
| 15 | Global Gain Social Investments Inc | 107 Roy Kidd Ave, Corbin, KY 40701-1301 | KY | 2006-11 | $94,025 |
| 16 | Movement Hub | 7295 Dr Garrison Rd, Mansfield, TX 76063-5239 | TX | 2008-09 | $85,485 |
| 17 | Lead Institute Inc | PO BOX 76530, Atlanta, GA 30358-1530 | GA | 2012-06 | $80,525 |
| 18 | Vision Inspires Synergy In Organizations Nationwide Inc | 1113 Springfield Avenue, Irvington, NJ 07111-2470 | NJ | 2002-09 | $38,290 |
| 19 | Npmso | 9027 Midway Rd, Dallas, TX 75209-2031 | TX | 2013-09 | $34,489 |
| 20 | Council Of Agency Executives Inc | 416 W Muhammad Ali Blvd 300, Louisville, KY 40202 | KY | 2012-09 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Flywheel Social Enterprise Hub »
Non-representatives - add comments about Flywheel Social Enterprise Hub»