Developmental Resource Corporation in Shreveport, Louisiana (LA)

Developmental Resource Corporation
Employer Identification Number (EIN)	721241676
Name of Organization	Developmental Resource Corporation
In Care of Name	Kieth Slabaugh
Address	1120 Creswell, Shreveport, LA 71101-3961
Activities	Described in section 509(a)(2) of the Code, Low income housing, Supplying money, goods or services to the poor
Subsection	Charitable Organization
Ruling Date	09/1993
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	$25,000 to $99,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$156
Amount of Income	$74,271
Form 990 Revenue Amount	$74,271

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Financial snapshot ($)

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue		$64,113	$74,271
Contributions, gifts, grants, and similar amounts received		$786	$0
Program service revenue including government fees and contracts		$63,327	$74,271
Membership dues and assessments		$0	$0
Investment income		$0	$0
Gain/Loss from sale of assets other than inventory		$0	$0
Net income/loss from gaming and fundraising events	$0	$0	$0
Gross profit/loss from sales of inventory		$0	$0
Other revenue		$0	$0
Total expenses		$51,310	$75,734
Total net assets		$29,589	$-708
Excess/Deficit for the year		$12,803	$-1,463
Net assets or fund balances at beginning of year		$16,786	$755
Other changes in net assets or fund balances		$0	$0
Net assets or fund balances at end of year		$29,589	$-708

	2011	2012	2013
Balance Sheets
Total assets	$36,472	$47,461	$156
Total liabilities	$19,686	$17,872	$864
Net assets or fund balances		$29,589	$-708

	2012	2013
Other Information
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
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
Gross receipts for public use of club facilities	$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

	2009 - 2013 Total
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
Public Support	$1,385
Subtotal Support	$1,385
Gifts, grants, contributions, and membership fees received	$1,385
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	$1,385
Public Support	$1,385
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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