Michigan Jumpstart Coalition For Personal Financial Literacy in Novi, Michigan (MI)
Table of contents:
| Michigan Jumpstart Coalition For Personal Financial Literacy | |
| Employer Identification Number (EIN) | 861124496 |
| Name of Organization | Michigan Jumpstart Coalition For Personal Financial Literacy |
| In Care of Name | Lois Gibbons |
| Address | 41500 Gardenbrook Street, Novi, MI 48375 |
| Website | http://www.mijumpstartcoalition.org |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 03/2006 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2009 |
| Assets | $10,000 to $24,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $19,373 |
| Amount of Income | $14,119 |
| Form 990 Revenue Amount | $14,119 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Financial Counseling, Money Management |
Non-representatives - add comments:
Amount of income in 2009: $14,119 (it was $14,119 in 2013)
| This organization: | $14,119 |
| Other organizations performing similar types of work: | $156,466 |
Assets in 2009: $19,373 (it was $19,373 in 2013)
| This organization: | $19,373 |
| Other organizations performing similar types of work: | $45,042 |
Expenses in 2013: $21,398
| Michigan Jumpstart Coalition For Personal Financial Literacy: | $21,398 |
| Other organizations performing similar types of work: | $135,428 |
Income to expenses ratio in 2013: 0.7
| This organization: | 0.7 |
| Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2013: 74.3%
| This organization: | 74.3% |
| Other organizations performing similar types of work: | 90.6% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $26,241 | $19,173 | $14,119 |
| Contributions, gifts, grants, and similar amounts received | $23,917 | $14,502 | $10,496 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $500 |
| Investment income | $32 | $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 | $2,292 | $4,671 | $3,123 |
| Total expenses | $18,346 | $21,063 | $21,398 |
| Total net assets | $28,630 | $26,506 | $19,227 |
| Excess/Deficit for the year | $7,895 | $-1,890 | $-7,279 |
| Net assets or fund balances at beginning of year | $20,501 | $28,396 | $26,506 |
| Other changes in net assets or fund balances | $234 | $0 | $0 |
| Net assets or fund balances at end of year | $26,506 | $19,227 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $28,630 | $26,807 | $19,373 |
| Total liabilities | $0 | $301 | $146 |
| Net assets or fund balances | $28,630 | $26,506 | $19,227 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| 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 2013) | |
| 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 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $85,828 |
| Subtotal | $85,828 |
| Gifts, grants, contributions, and membership fees received | $85,828 |
| 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 | $0 |
| 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 | $85,828 |
| Public support | $85,828 |
| 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 |
Fund For Equal Justice Inc in Novi, MI
 |
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
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Cc Advising Inc | 703 Washington Ave Suite 230-D, Bay City, MI 48708 | MI | 2012-01 | $307,665 |
| 2 | New Seasons Community Development Corporation | 19154 James Couzens, Detroit, MI 48235 | MI | 2007-10 | $183,929 |
| 3 | People First Payee Service | PO BOX 888101, Grand Rapids, MI 49588 | MI | 2009-09 | $170,255 |
| 4 | Center For Community Justice And Advocacy | Po Box 20557, Ferndale, MI 48220 | MI | 2010-06 | $96,000 |
| 5 | Payee Plus | 3871 Trailwood Dr, Okemos, MI 48864-3752 | MI | 2008-06 | $45,522 |
| 6 | Bank On Detroit | 3011 West Grand Blvd 12th Floor, Detroit, MI 48202-3096 | MI | 2012-02 | $26,700 |
| 7 | Coalition For Independent Living | 6185 Mountain Laurel, Brighton, MI 48116 | MI | 2009-06 | $25,268 |
| 8 | Michigan Jumpstart Coalition For Personal Financial Literacy | 41500 Gardenbrook Street, Novi, MI 48375 | MI | 2006-03 | $14,119 |
| 9 | Community Action Credit Counseling | 3963 3 Mile Rd N, Traverse City, MI 49686-9164 | MI | 2011-08 | $1,042 |
| 10 | Aaa Credit Counseling | PO BOX 175, East Lansing, MI 48826-0175 | MI | 2007-09 | $0 |
| 11 | Afb Network Inc | 19191 Hartwell, Detroit, MI 48235 | MI | 2009-05 | $0 |
| 12 | Agape Financial Of Northwest Michigan | 701 Westminster, Traverse City, MI 49686-3526 | MI | 2010-11 | $0 |
| 13 | Brightmoor Solutions Community Development Corporation | Po Box 27286, Detroit, MI 48227 | MI | 2010-08 | $0 |
| 14 | Capital Payee Inc | 2020 Moffitt Street, Lansing, MI 48911 | MI | 2014-07 | $0 |
| 15 | Community Financial Development Agency Inc | 8745 Nottingham Dr, Ypsilanti, MI 48198-3223 | MI | 2012-03 | $0 |
| 16 | Higher Heights Foundation Inc | 20704 Knob Woods Dr Apt 103, Southfield, MI 48076-4029 | MI | 2012-08 | $0 |
| 17 | Humanity Development Corporation | 80040 55th St, Decatur, MI 49045-8179 | MI | 2011-03 | $0 |
| 18 | La Community Development Corporation | 1527 East Larned Apt 1, Detroit, MI 48207 | MI | 2008-06 | $0 |
| 19 | Lets Work It Out Incorporated | PO BOX 3542, Highland Park, MI 48203-0542 | MI | 1995-08 | $0 |
| 20 | New Beginnings Of Hope, Nbhope | 18632 George Washington Dr, Southfield, MI 48075-2507 | MI | 2012-09 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,240 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Michigan Jumpstart Coalition For Personal Financial Literacy »
Non-representatives - add comments about Michigan Jumpstart Coalition For Personal Financial Literacy»