Karimu in Whispering Pines, North Carolina (NC)
Table of contents:
| Karimu | |
| Employer Identification Number (EIN) | 264156627 |
| Name of Organization | Karimu |
| In Care of Name | Talmage Bandy |
| Address | 22 Bogie Dr, Whispering Pines, NC 28327 |
| Subsection | Educational Organization, Charitable Organization |
| Ruling Date | 04/2009 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2014 |
| Assets | $0 |
| Income | $0 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $10,942 |
| Amount of Income | $53,895 |
| Form 990 Revenue Amount | $53,895 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2014: $53,895 (it was $62,096 in 2013)
| This organization: | $53,895 |
| Other organizations performing similar types of work: | $68,292 |
Assets in 2014: $10,942 (it was $11,230 in 2013)
| This organization: | $10,942 |
| Other organizations performing similar types of work: | $56,708 |
Expenses in 2013: $61,808
| This organization: | $61,808 |
| Other organizations performing similar types of work: | $47,239 |
Income to expenses ratio in 2013: 0.9
| This organization: | 0.9 |
| Other organizations performing similar types of work: | 1.8 |
Grants share in income in 2013: 100.0%
| Karimu: | 100.0% |
| Other organizations performing similar types of work: | 0.5% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $53,895 | $62,096 |
| Contributions, gifts, grants, and similar amounts received | $53,895 | $62,096 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $50,984 | $61,808 |
| Total net assets | $10,942 | $11,230 |
| Excess/Deficit for the year | $2,911 | $288 |
| Net assets or fund balances at beginning of year | $8,031 | $10,942 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $10,942 | $11,230 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $10,942 | $11,230 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $10,942 | $11,230 |
| Other Information | ||
| 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 |
| 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 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 supported | 2 |
| Sum of amounts of support | $56,275 |
| 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 | $216,662 |
| Subtotal Support | $216,662 |
| Gifts, grants, contributions, and membership fees received | $216,662 |
| 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 | $226,295 |
| Public Support | $216,662 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $9,630 |
| 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 | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The University Of Arkansas Fort Smith Foundation Inc | PO BOX 3649, Fort Smith, AR 72913-3649 | AR | 1975-01 | $25,316,256 |
| 2 | Rsf Social Investment Fund Inc | 1002 Oreilly Ave, San Francisco, CA 94129-5257 | CA | 2000-12 | $4,721,971 |
| 3 | The Elizabeth Bowers Zambia Education Fund | Po Box 294, Salem, OR 97308-0294 | OR | 2007-03 | $49,547 |
| 4 | The Alma Mcmanaway Dillon Of Bassett Va Scholarship Fund Charit, 5013899119 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 2007-03 | $1,446,195 |
| 5 | University Of North Carolina At Chapel Hill School Of Nursing Fdnc | Carrington Hall Campus Box 7460, Chapel Hill, NC 27599-7460 | NC | 1983-05 | $1,357,300 |
| 6 | Women For Women | 1694 E Arlington Blvd Ste A, Greenville, NC 27858-5331 | NC | 2011-10 | $647,048 |
| 7 | University Of North Carolina At Chapel Hill School Of Educ Fdn Inc | Cb 3500 101 Peabody Hall, Chapel Hill, NC 27599-0001 | NC | 1987-03 | $401,371 |
| 8 | Wakefield High School Band Boosters | 2200 Wakefield Pines Dr, Raleigh, NC 27614-8809 | NC | 2005-08 | $374,883 |
| 9 | Davenport Family Foundation | 1300 Glennis Ct, Wake Forest, NC 27587-6568 | NC | 2014-01 | $335,572 |
| 10 | Mothering Across Continents Inc | 15105-D John J Delaney Drive 146, Charlotte, NC 28277 | NC | 2009-09 | $267,816 |
| 11 | Lake Lure Community Education Foundation | 110 Chetan Way, Lake Lure, NC 28746-6101 | NC | 2015-02 | $167,816 |
| 12 | Enka High School Boosters Club Inc | PO BOX 186, Enka, NC 28728-0186 | NC | 2010-05 | $125,682 |
| 13 | Scotland County Band Boosters | PO BOX 848, Laurinburg, NC 28353-0848 | NC | 1999-11 | $114,643 |
| 14 | Comet Athletic Booster Club | 600 S Fayetteville St, Clayton, NC 27520-2716 | NC | 2014-09 | $109,942 |
| 15 | Society For Excellence In Education | 939 Crestwood Ln, Chapel Hill, NC 27517-9154 | NC | 2007-06 | $104,061 |
| 16 | Rma Athletic Boosters | 1242 S Main St, Graham, NC 27253-4537 | NC | 2013-12 | $83,454 |
| 17 | J H Rose Athletic Foundation Inc | PO BOX 8581, Greenville, NC 27835-8581 | NC | 2009-07 | $82,840 |
| 18 | South Davidson High School Athletic Boosters Club Inc | PO BOX 1223, Denton, NC 27239-1223 | NC | 1995-02 | $65,498 |
| 19 | Cashiers Preservation Foundation Inc | Po Box 238, Cashiers, NC 28717 | NC | 2009-04 | $57,272 |
| 20 | Karimu | 22 Bogie Dr, Whispering Pines, NC 28327 | NC | 2009-04 | $53,895 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 3,586 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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