Wakeman Charities Inc in Cornelius, North Carolina (NC)
Table of contents:
| Wakeman Charities Inc | |
| Employer Identification Number (EIN) | 262433193 |
| Name of Organization | Wakeman Charities Inc |
| Address | 2509 Queensdale Dr, Cornelius, NC 28031 |
| Subsection | Charitable Organization |
| Ruling Date | 03/2009 |
| 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 | 12/2014 |
| Assets | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $5,522 |
| Amount of Income | $26,907 |
| Form 990 Revenue Amount | $15,707 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Victims' Services |
Non-representatives - add comments:
Amount of income in 2014: $26,907 (it was $24,979 in 2013)
| This organization: | $26,907 |
| Other organizations performing similar types of work: | $96,187 |
Assets in 2014: $5,522 (it was $5,665 in 2013)
| This organization: | $5,522 |
| Other organizations performing similar types of work: | $44,152 |
Expenses in 2013: $25,197
| Wakeman Charities Inc: | $25,197 |
| Other organizations performing similar types of work: | $97,321 |
Income to expenses ratio in 2013: 1.1
| Wakeman Charities Inc: | 1.1 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 87.9%
| Wakeman Charities Inc: | 87.9% |
| Other organizations performing similar types of work: | 100.0% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $19,547 | $22,459 | $24,979 |
| Contributions, gifts, grants, and similar amounts received | $15,500 | $17,800 | $21,960 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $4,047 | $4,659 | $3,019 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $19,142 | $19,892 | $17,855 |
| Less: direct expenses from gaming and fundraising events | $15,095 | $15,233 | $14,836 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $17,150 | $20,975 | $25,197 |
| Total net assets | $4,399 | $5,883 | $5,665 |
| Excess/Deficit for the year | $2,397 | $1,484 | $-218 |
| Net assets or fund balances at beginning of year | $2,002 | $4,399 | $5,883 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $5,883 | $5,665 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $4,399 | $5,883 | $5,665 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $4,399 | $5,883 | $5,665 |
| 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 | $109,171 |
| Subtotal | $216,971 |
| Gifts, grants, contributions, and membership fees received | $105,441 |
| 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 | $111,530 |
| 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 | $107,800 |
| Amounts received from disqualified persons | $1,250 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $106,550 |
| Total support | $216,971 |
| Public support | $216,971 |
| 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 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Rivercross Inc | 476 Shotwell Road, Clayton, NC 27520-3505 | NC | 2013-07 | $102,012 |
| 2 | Advocacy Center Of Davie County | 261 S Main St, Mocksville, NC 27028-2426 | NC | 2012-09 | $49,044 |
| 3 | Mt Pleasant Relief Fund | PO BOX 1165, Mt Pleasant, NC 28124-1165 | NC | 2012-11 | $28,876 |
| 4 | Wakeman Charities Inc | 2509 Queensdale Dr, Cornelius, NC 28031 | NC | 2009-03 | $26,907 |
| 5 | Absolute Care Foundation Inc | 1015 Grogans Mill Dr, Cary, NC 27519-7193 | NC | 2012-04 | $10,217 |
| 6 | Shechem Project Inc | PO BOX 36, Naples, NC 28760-0036 | NC | 2014-07 | $4,000 |
| 7 | Inspiring Women Of Destiny | 1739 Gavin St, High Point, NC 27260 | NC | 2013-10 | $2,950 |
| 8 | Speak Out Outreach | P O Box 14700, Raleigh, NC 27620 | NC | 2006-06 | $600 |
| 9 | All We Want Is Love Inc | 2927 Carmel Rd, Charlotte, NC 28226 | NC | 2013-06 | $0 |
| 10 | Amcj Memorial Foundation | 403 Altavista Loop, Jacksonville, NC 28546-8161 | NC | 2014-12 | $0 |
| 11 | Bee Wise Kids Incorporated | PO BOX 16982, Greensboro, NC 27416-0982 | NC | 2014-08 | $0 |
| 12 | Center For New Beginningsinc | 34 Wall Street Suite 802, Asheville, NC 28801 | NC | 2011-10 | $0 |
| 13 | Compassion To Act Incorporated | PO BOX 541, Waxhaw, NC 28173 | NC | 2013-09 | $0 |
| 14 | Families Pursuing Justice | Po Box 699, Skyland, NC 28776 | NC | 2010-03 | $0 |
| 15 | Fayetteville Family Justice Center | Po Box 58332, Fayetteville, NC 28305 | NC | 2012-03 | $0 |
| 16 | Gdwell Inc | 7300 E Lakeside Dr, Charlotte, NC 28215-4091 | NC | 2011-10 | $0 |
| 17 | Healing Streams Ministry | Po Box 8213, Fayetteville, NC 28311 | NC | 2011-08 | $0 |
| 18 | Just A Touch Away Inc | 178 Best Ave, Goldsboro, NC 27534 | NC | 2012-10 | $0 |
| 19 | Lamplight Promises A Domestic Violence Rescue Fund | 3720 Selwyn Farms Lane Unit 4, Charlotte, NC 28209-5009 | NC | 2013-08 | $0 |
| 20 | Pegs Pjs | 2228 Walker Ave, Burlington, NC 27215 | NC | 2009-07 | $0 |
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| Total | 751 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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