Angies Guest Closet Inc in New York, New York (NY)

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Angies Guest Closet Inc
Employer Identification Number (EIN)270968679
Name of OrganizationAngies Guest Closet Inc
In Care of NameAngela Martinez
Address200 Park Ave S Fl 8, New York, NY 10003-1526
SubsectionCharitable Organization
Ruling Date07/2010
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
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$288
Amount of Income$421
Form 990 Revenue Amount$421
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations


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Amount of income in 2012: $421 (it was $7,200 in 2011)
This organization: 

 $421
Other organizations performing similar types of work: 

 $71,328

Assets in 2012: $288 (it was $3,950 in 2011)
This organization: 

 $288
Other organizations performing similar types of work: 

 $50,799

Expenses in 2012: $4,083
Angies Guest Closet Inc: 

 $4,083
Other organizations performing similar types of work: 

 $47,311

Income to expenses ratio in 2012: 0.1
This organization: 

 0.1
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 98.3%
This organization: 

 98.3%
Other organizations performing similar types of work: 

 7.7%

Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$421
Contributions, gifts, grants, and similar amounts received$414
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$7
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$4,083
Total net assets$288
Deficit for the year$-3,662
Net assets or fund balances at beginning of year$3,950
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$288
Total liabilities$0
Net assets or fund balances$288
Other Information (for 2012)
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 2012)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$17,829
Gifts, grants, contributions, and membership fees received$17,829
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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Number of organizations performing similar types of work
Alaska27
Alabama174
Arkansas88
Arizona257
California1,561
Colorado295
Connecticut213
District of Columbia96
Delaware58
Florida937
Georgia405
Hawaii58
Iowa132
Idaho53
Illinois567
Indiana231
Kansas125
Kentucky138
Louisiana149
Massachusetts427
Maryland313
Maine54
Michigan422
Minnesota256
Missouri285
Mississippi53
Montana52
North Carolina382
North Dakota40
Nebraska93
New Hampshire76
New Jersey563
New Mexico62
Nevada84
New York1,186
Ohio529
Oklahoma149
Oregon175
Pennsylvania493
Rhode Island56
South Carolina163
South Dakota36
Tennessee218
Texas929
Utah116
Virginia393
Vermont41
Washington305
Wisconsin211
West Virginia59
Wyoming40
International30
Total13,855

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