Walter & Eula Ouzts Trust Fbo Nazarene Church in New Orleans, Louisiana (LA)

Walter & Eula Ouzts Trust Fbo Nazarene Church
Employer Identification Number (EIN)	726109928
Name of Organization	Walter & Eula Ouzts Trust Fbo Nazarene Church
In Care of Name	Capital One Na
Address	PO BOX 61540, New Orleans, LA 70161-1540
Activities	Non-exempt charitable trust described in section 4947(a)(1) of the Code
Subsection	Charitable Organization
Ruling Date	06/1998
Deductibility	Contributions are deductible
Foundation	Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
Organization	Trust
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$100,000 to $499,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$247,054
Amount of Income	$137,320
Form 990 Revenue Amount	$16,426
National Taxonomy of Exempt Entities (NTEE)	Philanthropy, Voluntarism and Grantmaking Foundations: Philanthropy, Voluntarism, and Grantmaking Foundations (Not Elsewhere Classified)

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Financial snapshot ($)

Revenue for 2013

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue		$11,009	$16,426
Contributions, gifts, grants, and similar amounts received		$0	$0
Program service revenue including government fees and contracts		$0	$0
Membership dues and assessments		$0	$0
Investment income		$4,385	$4,527
Gain/Loss from sale of assets other than inventory		$6,624	$11,899
Gross amount from sale of assets other than inventory		$106,046	$132,793
Less: cost or other basis and sales expenses		$99,422	$120,894
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		$5,878	$6,105
Total net assets		$236,730	$247,054
Excess/Deficit for the year		$5,131	$10,321
Net assets or fund balances at beginning of year		$231,601	$236,730
Other changes in net assets or fund balances		$-2	$3
Net assets or fund balances at end of year		$236,730	$247,054

	2011	2012	2013
Balance Sheets
Total assets	$231,601	$236,730	$247,054
Total liabilities	$0	$0	$0
Net assets or fund balances		$236,730	$247,054

	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 organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported	1
Sum of amounts of support	$2,865

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