Friends Of Olancho in Kalamazoo, Michigan (MI)
Table of contents:
| Friends Of Olancho | |
| Employer Identification Number (EIN) | 320031150 |
| Name of Organization | Friends Of Olancho |
| In Care of Name | St Monica Rectory |
| Address | 4408 S Westnedge Ave, Kalamazoo, MI 49008-3210 |
| Subsection | Charitable Organization |
| Ruling Date | 04/2004 |
| 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 | 06/2014 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $88,215 |
| Amount of Income | $35,093 |
| Form 990 Revenue Amount | $35,093 |
| National Taxonomy of Exempt Entities (NTEE) | Religion-Related, Spiritual Development: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2014: $35,093 (it was $52,869 in 2013)
| Friends Of Olancho: | $35,093 |
| Other organizations performing similar types of work: | $79,267 |
Assets in 2014: $88,215 (it was $77,068 in 2013)
| This organization: | $88,215 |
| Other organizations performing similar types of work: | $59,617 |
Expenses in 2014: $23,640
| This organization: | $23,640 |
| Other organizations performing similar types of work: | $53,476 |
Income to expenses ratio in 2014: 1.5
| This organization: | 1.5 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 81.3%
| Friends Of Olancho: | 81.3% |
| Other organizations performing similar types of work: | 85.0% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $25,281 | $33,110 | $35,093 |
| Contributions, gifts, grants, and similar amounts received | $26,571 | $29,758 | $28,540 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $820 | $2,210 | $6,553 |
| Gain/Loss from sale of assets other than inventory | $-2,110 | $1,142 | $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 | $32,016 | $29,354 | $23,640 |
| Total net assets | $73,006 | $76,762 | $88,215 |
| Excess/Deficit for the year | $-6,735 | $3,756 | $11,453 |
| Net assets or fund balances at beginning of year | $79,741 | $73,006 | $76,762 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $76,762 | $88,215 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $73,006 | $77,068 | $88,215 |
| Total liabilities | $0 | $306 | $0 |
| Net assets or fund balances | $73,006 | $76,762 | $88,215 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| 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 | 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 | $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? | 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 2014) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $157,241 |
| Subtotal | $157,241 |
| Gifts, grants, contributions, and membership fees received | $141,088 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $16,153 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $157,241 |
| Public support | $157,241 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Blue Water Pregnancy Care Center in Port Huron, MI
  |
|
Knights Of The Road Motorcycle Club in Detroit, MI
|
| Oakland County Bible Students Inc in Clawson, MI |
Mich Volunteer Legionary Corps Of Artillery in Owosso, MI
 |
|
Ludington Recreation Soccer Board, Ludington Soccer Club in Ludington, MI
|
| Clinton River Ski Club in Boyne City, MI |
|
Rabbit & Small Animal Rescue in Westland, MI
|
|
Prison Legal Services Of Michigan Inc in Jackson, MI
|
|
Special Dreams Farm in New Baltimore, MI
|
|
Believers Community Outreach Center in Macomb Township, MI
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | West Michigan Christian Foundation | 4670 E Fulton Stste 204, Ada, MI 49301 | MI | 2000-11 | $595,396 |
| 2 | Until All Have Heard | PO BOX 1607, Brighton, MI 48116-5407 | MI | 2003-08 | $4,320 |
| 3 | Fredrick G Sampson Foundation | 736 Lothrop, Detroit, MI 48202 | MI | 2014-06 | $1,040 |
| 4 | World Parish Foundation | 1864 Ellwood Ave, Berkeley, MI 48072-1091 | MI | 2000-02 | $573 |
| 5 | Associated Ministries & Ministers For Evangelism | PO BOX 624, West Branch, MI 48661-0624 | MI | 1995-11 | $0 |
| 6 | Azimuth Foundation | 529 Park Ave, Howell, MI 48843-1331 | MI | 2014-12 | $0 |
| 7 | Christian Charity Network Foundation | 401 E Michigan Ave Ste 200, Kalamazoo, MI 49007-5842 | MI | 2015-02 | $0 |
| 8 | Christian Missions Services Inc | 1225 Warwick St, Portage, MI 49024-2641 | MI | 1994-11 | $0 |
| 9 | Faith For The Nations Inc | 3190 Pine Cone Ct, Milford, MI 48381 | MI | 2003-11 | $0 |
| 10 | Healing For The Soul Ministries | 15623 Edmore, Detroit, MI 48205 | MI | 2014-11 | $0 |
| 11 | Hmong Mission Society Lcms, No | Po Box 98, Richville, MI 48758 | MI | 2002-08 | $0 |
| 12 | Hope Giving Mission | 1335 Kennebec, Grand Blanc, MI 48439 | MI | 2012-06 | $0 |
| 13 | Jesus Christ The King Foundation | G-4225 Miller Rd Room Pmb 224, Flint, MI 48507 | MI | 1999-11 | $0 |
| 14 | Listen & Believe Charitable Fund, Listen & Believe | 1162 Teakwood Circle Suite 150, Haslett, MI 48840-9734 | MI | 2014-09 | $0 |
| 15 | Mission X International | 1010 Barber Rd, Hastings Road, MI 49058 | MI | 2003-10 | $0 |
| 16 | One Wyoming Inc | 4500 60th St Se, Grand Rapids, MI 49512-9685 | MI | 2014-08 | $0 |
| 17 | Shraman Sanskruti Uddharak | 30986 Pine Cone Dr, Farmingtn Hls, MI 48331-5900 | MI | 2005-05 | $0 |
| 18 | Standing In The Gap Foundation | 6327 Moreland Ln, Saginaw, MI 48603-2728 | MI | 2014-02 | $0 |
| 19 | Summit Foundation, Ronald K Williams | 3333 Evergreen Dr Ne Ste 201, Grand Rapids, MI 49525-9493 | MI | 2010-08 | $0 |
| 20 | The James E Hunter Golf Classic Association | 28001 Evergreen Rd, Southfield, MI 48075 | MI | 2014-07 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 793 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Friends Of Olancho »
Non-representatives - add comments about Friends Of Olancho»