Future Assets Inc in Monroe, Louisiana (LA)

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Future Assets Inc
Employer Identification Number (EIN)721515344
Name of OrganizationFuture Assets Inc
In Care of NameLorenzo R Wilkerson
AddressPo Box 15282, Monroe, LA 71207
SubsectionCharitable Organization
Ruling Date09/2012
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$-5,290
Amount of Income$1,500
Form 990 Revenue Amount$1,500
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing, Shelter (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$0
Total expenses$5,290
Total net assets$-5,290
Deficit for the year$-5,290
Net assets or fund balances at beginning of year$0
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$-5,290
Total liabilities$0
Net assets or fund balances$-5,290
Other Information (for 2011)
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 2011)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$16,300
Gifts, grants, contributions, and membership fees received$16,300
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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