Taos Entrepreneurial Network in Taos, New Mexico (NM)

Taos Entrepreneurial Network
Employer Identification Number (EIN)	743243281
Name of Organization	Taos Entrepreneurial Network
In Care of Name	Marc Harrell
Address	Po Box 421, Taos, NM 87571
Website	http://taosten.org
Subsection	Educational Organization
Ruling Date	06/2008
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	2014
Assets	$0
Income	$0
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$8,547
Amount of Income	$41,926
Form 990 Revenue Amount	$41,926
National Taxonomy of Exempt Entities (NTEE)	Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General)

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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue	$46,154
Contributions, gifts, grants, and similar amounts received	$46,154
Program service revenue including government fees and contracts	$0
Membership dues and assessments	$0
Investment income	$0
Gain from sale of assets other than inventory	$0
Net income from gaming and fundraising events	$0
Gross profit from sales of inventory	$0
Other revenue	$0
Total expenses	$34,402
Total net assets	$20,299
Excess for the year	$11,752
Net assets or fund balances at beginning of year	$8,547
Other changes in net assets or fund balances	$0

Balance Sheets (for 2011)
Total assets	$20,299
Total liabilities	$0
Net assets or fund balances	$20,299

Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No
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: (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

Reason for Public Charity Status (for 2011)

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

	2007 - 2011 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
Total support	$186,325
Gifts, grants, contributions, and membership fees received	$186,325
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
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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975	$0

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