Word Iz Bond Llc in New Orleans, Louisiana (LA)

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Word Iz Bond Llc
Employer Identification Number (EIN)582355057
Name of OrganizationWord Iz Bond Llc
In Care of NameJason Degruy Muhammad
Address4201 Downman Road, New Orleans, LA 70126
SubsectionReligious Organization
Ruling Date03/2004
DeductibilityContributions are deductible
FoundationChurch
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (church)
Asset Amount$320,960
Amount of Income$129,851
Form 990 Revenue Amount$129,851
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Islamic


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Amount of income in 2012: $129,851 (it was $129,851 in 2013)
This organization: 

 $129,851
Other organizations performing similar types of work: 

 $86,783

Assets in 2012: $320,960 (it was $320,960 in 2013)
This organization: 

 $320,960
Other organizations performing similar types of work: 

 $133,881

Expenses in 2013: $79,454
Word Iz Bond Llc: 

 $79,454
Other organizations performing similar types of work: 

 $52,245

Income to expenses ratio in 2013: 1.6
Word Iz Bond Llc: 

 1.6
Other organizations performing similar types of work: 

 1.8

Grants share in income in 2013: 81.5%
Word Iz Bond Llc: 

 81.5%
Other organizations performing similar types of work: 

 98.7%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$129,851
Contributions, gifts, grants, and similar amounts received$105,851
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$24,000
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$79,454
Total net assets$37,960
Excess/Deficit for the year$50,397
Net assets or fund balances at beginning of year$79,280
Other changes in net assets or fund balances$-91,717
Net assets or fund balances at end of year$37,960
Balance Sheets
2013
Total assets$320,960
Total liabilities$283,000
Net assets or fund balances$37,960
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 activitiesNo
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 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 supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$163,596
Subtotal Support$163,596
Gifts, grants, contributions, and membership fees received$163,596
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$208,124
Public Support$163,596
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$44,528
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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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Zaytuna College2401 Le Conte Ave, Berkeley, CA 94709-1209CA1997-03$9,236,169
2Zainab Organization Of Greater Seattle5723 198th St Sw, Lynnwood, WA 98036-6100WA1999-10$2,243,011
3Tawheed Institute Inc22218 Ford Rd, Dearborn Hts, MI 48127-2420MI2000-01$2,202,026
4Institute Of Islamic Studies Icna Inc379 Princeton-Heightstown Rd, East Windsor, NJ 08512NJ2009-10$1,739,226
5Great Revelations Academy Inc, Islamic Cultural Center Of America6053 Chase Rd, Dearborn, MI 48126-2105MI2012-06$1,501,226
6Shia Association Of Bay Area4415 Fortran Ct, San Jose, CA 95134-2308CA2001-05$1,069,099
7Muslim Community Of Folsom391 South Lexington Dr, Folsom, CA 95630-6923CA2013-06$987,081
8American Muslim Community Centers Inc811 Wilma St, Longwood, FL 32750-5134FL2011-04$637,955
9Islamic Center Of Longview119 Amy Street, Longview, TX 75605TX2011-09$634,469
10American Institute Of Islamic Studies And Culture15931 Yates St, Omaha, NE 68116NE2011-07$612,133
11West Coast Islamic Society1717 S Brookhurst St, Anaheim, CA 92804-6437CA1997-07$578,412
12North American Foundation Of Islamic Services733 Center St, Apex, NC 27502-1711NC2009-08$563,443
13Islamic Message Foundation Of New Orleans Inc3929 W Metairie Ave, Metairie, LA 70001-4958LA1999-12$382,264
14Word Iz Bond Llc4201 Downman Road, New Orleans, LA 70126LA2004-03$129,851
15Muslim Education Center Of AcadianaPO BOX 53723, Lafayette, LA 70505-3723LA2011-09$83,758
16Al-Hablulmateen Islamic Center Inc, Mateen Center15471 Campanile Ct, Baton Rouge, LA 70810-0310LA2015-04$0
17America Muslim Mission740 E Washington St, Baton Rouge, LA 70802-7163LA2002-08$0
18Louisiana Islamic Foundation Inc940 Orion Ave, Metairie, LA 70005-2016LA2007-07$0
19Masjidul Islam Inc5241 Prescott Rd, Baton Rouge, LA 70805-5262LA2006-06$0
20New American Society For Islamic Awareness, New Asia Center3029 Edenborn Ave, Metairie, LA 70002-4720LA2004-09$0
Number of organizations performing similar types of work
Alaska1
Alabama7
Arkansas4
Arizona23
California232
Colorado19
Connecticut18
District of Columbia5
Delaware6
Florida75
Georgia58
Hawaii1
Iowa13
Idaho3
Illinois87
Indiana17
Kansas10
Kentucky9
Louisiana8
Massachusetts32
Maryland46
Maine7
Michigan86
Minnesota48
Missouri29
Mississippi6
Montana1
North Carolina39
North Dakota2
Nebraska5
New Hampshire1
New Jersey77
New Mexico1
Nevada8
New York213
Ohio48
Oklahoma8
Oregon14
Pennsylvania57
Rhode Island3
South Carolina9
South Dakota4
Tennessee19
Texas107
Utah14
Virginia58
Vermont3
Washington31
Wisconsin13
West Virginia2
Wyoming1
International4
Total1,592

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