Jobspacenm Org in Truth Or Consequences, New Mexico (NM)

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Jobspacenm Org
Employer Identification Number (EIN)850467441
Name of OrganizationJobspacenm Org
In Care of NameJohn Mulcahy
Address400 E 4th Ave, Truth Or Consequences, NM 87901
SubsectionCharitable Organization
Ruling Date04/2012
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 Period12/2013
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1,656
Amount of Income$2,989
Form 990 Revenue Amount$2,989
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development


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Amount of income in 2013: $2,989 (it was $59,575 in 2012)
Jobspacenm Org: 

 $2,989
Other organizations performing similar types of work: 

 $135,279

Assets in 2013: $1,656 (it was $6,024 in 2012)
This organization: 

 $1,656
Other organizations performing similar types of work: 

 $114,906

Expenses in 2013: $6,810
This organization: 

 $6,810
Other organizations performing similar types of work: 

 $121,073

Income to expenses ratio in 2013: 0.4
Jobspacenm Org: 

 0.4
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2013: 100.0%
Jobspacenm Org: 

 100.0%
Other organizations performing similar types of work: 

 8.8%

Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$52,565$59,575$2,989
Contributions, gifts, grants, and similar amounts received$52,565$58,861$2,989
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$714$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$0$0$0
Total expenses$23,347$83,316$6,810
Total net assets$29,218$5,477$1,656
Excess/Deficit for the year$29,218$-23,741$-3,821
Net assets or fund balances at beginning of year$0$29,218$5,477
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$5,477$1,656
Balance Sheets
201120122013
Total assets$30,749$6,024$1,656
Total liabilities$1,531$547$0
Net assets or fund balances$29,218$5,477$1,656
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
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 supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$114,414
Subtotal$114,414
Gifts, grants, contributions, and membership fees received$114,414
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$115,128
Public support$114,414
Subtotal$714
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$714
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
IdNameAddressStateEstablishedTotal Income
1West River Foundation For Economic And Community DevelopmentPO BOX 605, Sturgis, SD 57785-0605SD2000-10$1,093,865
2Greater Gallup Economic Development CorporationPO BOX 1795, Gallup, NM 87305-1795NM2013-01$287,502
3Grants Main Street ProjectPO BOX 337, Grants, NM 87020-0337NM2013-06$183,750
4Northern Rio Grande National Heritage AreaPO BOX 610, Espanola, NM 87532-0610NM2009-02$175,227
5Union County Community Development, Union County CdcPO BOX 216, Clayton, NM 88415-0216NM2002-09$93,169
6Sandoval County Economic Development Foundation In, Sandoval County Economic Developmen1201 Rio Rancho Blvd Se, Rio Rancho, NM 87124NM2007-02$69,012
7Chippeway Park Water AssociationPO BOX 522, Cloudcroft, NM 88317-0522NM2014-03$37,058
8Greater Raton Economic Development Corporation, GrowratonPo Box 1753, Raton, NM 87740NM2011-04$24,393
9Southeast Community Alliance IncPO BOX 4304, Albuquerque, NM 87196-4304NM2001-01$16,640
10Jobspacenm Org400 E 4th Ave, Truth Or Consequences, NM 87901NM2012-04$2,989
11Albuquerque Regional Economic Alliance, Area1451 Innovation Parkway - Suite 600, Albuquerque, NM 87123-0001NM2014-09$0
12Anton Chico Economic Development1016 Cerito Rd, Anton Chico, NM 87711-2007NM2014-11$0
13Blue Creek Foundation Inc9201 Jill Patricia Nw, Albuquerque, NM 87114NM2010-12$0
14Celebrate Belen TeamP O Box 1227, Belen, NM 87002NM2014-09$0
15Central Millenium Partnership202 Central Ave Se Ste 104, Albuquerque, NM 87102-3459NM2001-12$0
16Community Vision221 S Cangun St, Carlsbad, NM 88220NM2002-08$0
17East Central Community Development CorporationPo Box 5315, Albuquerque, NM 87185NM2001-03$0
18Estancia Valley Foundation For Economic Education And DevelopmentPO BOX 3209, Moriarty, NM 87035NM2009-09$0
19Expo IncPO BOX 1848, Clovis, NM 88102-1848NM1999-11$0
20Harding County Economic & Community Development CorporationPO BOX 72, Roy, NM 87743-0072NM2002-10$0
Number of organizations performing similar types of work
Alaska23
Alabama64
Arkansas29
Arizona41
California299
Colorado47
Connecticut39
District of Columbia35
Delaware8
Florida134
Georgia71
Hawaii27
Iowa63
Idaho15
Illinois108
Indiana79
Kansas46
Kentucky50
Louisiana73
Massachusetts46
Maryland54
Maine37
Michigan101
Minnesota55
Missouri99
Mississippi38
Montana36
North Carolina125
North Dakota13
Nebraska37
New Hampshire25
New Jersey61
New Mexico41
Nevada16
New York213
Ohio149
Oklahoma39
Oregon51
Pennsylvania173
Rhode Island6
South Carolina63
South Dakota34
Tennessee56
Texas168
Utah17
Virginia62
Vermont16
Washington47
Wisconsin61
West Virginia39
Wyoming14
International10
Total3,253

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