Center For Promise And Opportunity Foundation in Raleigh, North Carolina (NC)

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Center For Promise And Opportunity Foundation
Employer Identification Number (EIN)202977212
Name of OrganizationCenter For Promise And Opportunity Foundation
In Care of NameBrooks Pierce Et Al
AddressPO BOX 1800, Raleigh, NC 27602-1800
SubsectionCharitable Organization
Ruling Date01/2006
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 Period12/2011
Assets$1 to $9,999
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$2,070
Amount of Income$620
Form 990 Revenue Amount$620
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


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Amount of income in 2011: $620 (it was $620 in 2010)
Center For Promise And Opportunity Foundation: 

 $620
Other organizations performing similar types of work: 

 $41,680

Assets in 2011: $2,070 (it was $37,208 in 2010)
Center For Promise And Opportunity Foundation: 

 $2,070
Other organizations performing similar types of work: 

 $65,579

Expenses in 2011: $35,138
Center For Promise And Opportunity Foundation: 

 $35,138
Other organizations performing similar types of work: 

 $24,470

Income to expenses ratio in 2011: 0.0
This organization: 

 0.0
Other organizations performing similar types of work: 

 0.5

Grants share in income in 2011: -,nan,(ind)%
This organization: 

 -,nan,(ind)%
Other organizations performing similar types of work: 

 9.0%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$0
Total expenses$35,138
Total net assets$2,070
Deficit for the year$-35,138
Net assets or fund balances at beginning of year$37,208
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$2,070
Total liabilities$0
Net assets or fund balances$2,070
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$107,833
Gifts, grants, contributions, and membership fees received$107,833
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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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Us-Central Asia Education Foundation124 U St Nw, Washington, DC 20001-1606DC2007-10$4,838,252
2Subsea Tieback Scholarship Fund5418 Woodbury St, Fulshear, TX 77441-4139TX2007-10$101,112
3Tom Mcmahon Construction Scholarship Fund4441 S Abilene Cir, Aurora, CO 80015-1047CO2006-11$18,033
4Sunshine Lady Foundation Inc103b S 11th St, Morehead City, NC 28557-4105NC1996-11$8,335,005
5First Lieutenant Pf Cureton Jr Fdn1525 W W T Harris Blvd, Charlotte, NC 28262-8522NC2014-05$7,245,998
6Unit Scholarship Fund Inc, Hayford Richard TteePO BOX 73338, Fort Bragg, NC 28307-3338NC1995-03$2,240,495
7Womens Independence Scholarship Program Inc4900 Randall Parkway, Wilmington, NC 28403-1798NC2008-05$1,925,423
8United American Patriots Inc, Donahue Herbert Jr110 Shields Park Dr Ste A, Kernersville, NC 27284-3567NC2005-06$1,808,372
9Samuel Dreifuss Family Fund1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262NC1980-08$1,665,207
10Hesburgh-Yusko Scholars Foundation2121 N Lakeshore Dr, Chapel Hill, NC 27514-2026NC2010-09$1,451,638
11The Priscilla Jewett Schneller Scholarship Trust1 W 4th St 4th Fl, Winston Salem, NC 27101-3818NC2011-01$1,391,762
12Src Education AlliancePO BOX 12053, Research Triangle Pk, NC 27709-2053NC2006-07$1,367,331
13Sallie Dubbs Tr Ua 122063 Fbo Sallie B Stephens Dubb Scholar1 W 4th St 4th Fl, Winston Salem, NC 27101-3818NC2000-02$1,237,238
14Anthony J Brill Foundation Inc1719 Ramsey St, Fayetteville, NC 28301-4411NC2012-03$1,236,099
15Waldo E Rennie Scholarship Fund1 W 4th St 4th Fl, Winston Salem, NC 27101-3818NC2014-06$851,987
16The Johansen International Competition For Young String, Friday Morning Music Club Fndn Fmmc1 W 4th St, Winston Salem, NC 27101-3818NC2000-05$691,816
17Rowan County Crosby Scholars Community Partnership2701 University Pkwy, Winston Salem, NC 27105-4223NC2013-08$598,737
18Smith Shaver Law School Scholarship Fund IncOne W Fourth St Ste 1200, Winston Salem, NC 27101-3818NC2005-05$549,232
19Airborne Scholarship AssociationPO BOX 72356, Fort Bragg, NC 28307-4356NC2010-08$390,924
20Simon Guggenheim Scholarship Fund1 W 4th St 4th Fl, Winston Salem, NC 27101-3818NC1945-05$384,554
Number of organizations performing similar types of work
Alaska48
Alabama286
Arkansas212
Arizona375
California2,590
Colorado397
Connecticut360
District of Columbia210
Delaware90
Florida1,248
Georgia644
Hawaii125
Iowa241
Idaho90
Illinois1,083
Indiana348
Kansas216
Kentucky271
Louisiana247
Massachusetts819
Maryland580
Maine135
Michigan690
Minnesota353
Missouri459
Mississippi159
Montana122
North Carolina631
North Dakota29
Nebraska124
New Hampshire145
New Jersey1,137
New Mexico122
Nevada157
New York1,581
Ohio902
Oklahoma233
Oregon274
Pennsylvania951
Rhode Island132
South Carolina243
South Dakota54
Tennessee325
Texas2,055
Utah196
Virginia649
Vermont87
Washington473
Wisconsin403
West Virginia110
Wyoming43
International27
Total23,481

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