Fibercorps in Lafayette, Louisiana (LA)

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Fibercorps
Employer Identification Number (EIN)208233506
Name of OrganizationFibercorps
In Care of NameChad Theriot
AddressPO BOX 3034, Lafayette, LA 70502-3034
SubsectionBoard of Trade
Ruling Date10/2008
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$721
Amount of Income$20,000
Form 990 Revenue Amount$20,000
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Management Services for Small Business, Entrepreneurs


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Amount of income in 2013: $20,000 (it was $166,497 in 2012)
This organization: 

 $20,000
Other organizations performing similar types of work: 

 $127,010

Assets in 2013: $721 (it was $3,494 in 2012)
This organization: 

 $721
Other organizations performing similar types of work: 

 $83,317

Expenses in 2013: $22,773
Fibercorps: 

 $22,773
Other organizations performing similar types of work: 

 $154,560

Income to expenses ratio in 2013: 0.9
Fibercorps: 

 0.9
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 0.0%
Fibercorps: 

 0.0%
Other organizations performing similar types of work: 

 40.6%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$197,631$166,497$20,000
Contributions, gifts, grants, and similar amounts received$0$89,237$0
Program service revenue including government fees and contracts$197,631$77,260$20,000
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$218,356$166,478$22,773
Total net assets$3,475$3,494$721
Excess/Deficit for the year$-20,725$19$-2,773
Net assets or fund balances at beginning of year$24,200$3,475$3,494
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$3,494$721
Balance Sheets
201120122013
Total assets$3,475$3,494$721
Total liabilities$0$0$0
Net assets or fund balances$3,475$3,494$721
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Craft3 Investment I LlcPO BOX 826, Ilwaco, WA 98624-0826WA1995-07$18,154,406
2Masschallenge21 Dry Dock Ave 6th Flr, Boston, MA 02210-2384MA2010-04$4,959,384
3Small Business Majority Foundation Inc4000 Bridgeway Ste 101, Sausalito, CA 94965-1444CA2010-11$4,935,336
4Western North Carolina Regional Economic Development Non-Profit Co134 Wright Brothers Way, Fletcher, NC 28732-7808NC1996-02$2,225,305
5Women Venture2021 E Hennepin Ave Ste 200, Minneapolis, MN 55413-2724MN1984-09$1,770,287
6Los Angeles Cleantech Incubator411 S Hewitt Street, Los Angeles, CA 90013CA2012-08$1,684,863
7Puerto Rico Manufacturing Extension Primex Inc, PrimexMercantil Plaza Ste 819, San Juaninternational1996-12$1,678,335
8Startx2627 Hanover St, Palo Alto, CA 94304-1118CA2013-06$1,657,007
9Rockford Area Strategic Initiatives100 Park Ave Ste 100, Rockford, IL 61101-1099IL2010-06$1,367,725
10Commonwise Education Inc464 Black Willow Ln, Charlotte, VT 05445-4405VT2011-09$1,303,500
11Iowa Innovation Corporation309 Court Ave Ste 222, Des Moines, IA 50309-2259IA2013-10$1,096,234
12Kauffman Laboratories For Enterprise Creation IncEnterprise Creation Inc 4801 Rockhi, Kansas City, MO 64110MO2014-09$1,024,080
13Women In Progress Inc2205 California St Ne Ste 110, Minneapolis, MN 55418-3353MN2002-11$946,703
14Technology Entrepreneur Center Inc911 Washington Ave Ste 500, Saint Louis, MO 63101-1271MO2004-05$860,046
15New Orleans Startup Fund Inc365 Canal St Ste 2300, New Orleans, LA 70130-6519LA2010-02$658,805
16Cohabitat Foundation500 Clyde Fant Blvd Suite 200, Shreveport, LA 71101-3264LA2010-07$343,787
17FibercorpsPO BOX 3034, Lafayette, LA 70502-3034LA2008-10$20,000
18Ouachita Community Enhancement Zone1811 Jackson St, Monroe, LA 71202-2529LA1997-06$2,341
19Trade Capacity Building Institute Inc4000 France Road Parkway, New Orleans, LA 70126LA2004-11$0
20Turnaround Management Association Inc800 Mariners Blvd Suite 816, Mandeville, LA 70448LA2000-08$0
Number of organizations performing similar types of work
Alaska2
Alabama5
Arkansas4
Arizona10
California76
Colorado14
Connecticut7
District of Columbia7
Florida26
Georgia20
Hawaii5
Iowa8
Idaho3
Illinois22
Indiana11
Kansas3
Kentucky5
Louisiana6
Massachusetts18
Maryland19
Maine3
Michigan16
Minnesota8
Missouri13
Mississippi6
Montana3
North Carolina18
North Dakota1
Nebraska5
New Jersey6
New Mexico5
Nevada4
New York26
Ohio16
Oklahoma5
Oregon5
Pennsylvania12
Rhode Island1
South Carolina12
South Dakota4
Tennessee10
Texas27
Utah1
Virginia14
Vermont2
Washington10
Wisconsin8
West Virginia3
Wyoming1
International2
Total518

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