Financial Policy Council Inc in New York, New York (NY)
Table of contents:
| Financial Policy Council Inc | |
| Employer Identification Number (EIN) | 273081364 |
| Name of Organization | Financial Policy Council Inc |
| In Care of Name | Ziad K Abdelnour |
| Address | 445 Park Ave Fl 9, New York, NY 10022-8632 |
| Subsection | Educational Organization |
| Ruling Date | 06/2011 |
| 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 | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $1,792 |
| Amount of Income | $71,072 |
| Form 990 Revenue Amount | $71,072 |
| National Taxonomy of Exempt Entities (NTEE) | Public, Society Benefit - Multipurpose and Other: Research Institutes and/or Public Policy Analysis |
Non-representatives - add comments:
Amount of income in 2013: $71,072 (it was $79,874 in 2012)
| This organization: | $71,072 |
| Other organizations performing similar types of work: | $197,433 |
Assets in 2013: $1,792 (it was $1,643 in 2012)
| This organization: | $1,792 |
| Other organizations performing similar types of work: | $53,090 |
Expenses in 2013: $70,923
| This organization: | $70,923 |
| Other organizations performing similar types of work: | $216,083 |
Income to expenses ratio in 2013: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 59.1%
| Financial Policy Council Inc: | 59.1% |
| Other organizations performing similar types of work: | 99.6% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $33,569 | $54,357 | $79,874 | $71,072 |
| Contributions, gifts, grants, and similar amounts received | $33,569 | $33,152 | $42,000 | $41,980 |
| Program service revenue including government fees and contracts | $0 | $21,205 | $37,874 | $29,092 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $26,529 | $62,628 | $77,000 | $70,923 |
| Total net assets | $7,040 | $-1,231 | $1,643 | $1,792 |
| Excess/Deficit for the year | $7,040 | $-8,271 | $2,874 | $149 |
| Net assets or fund balances at beginning of year | $0 | $7,040 | $-1,231 | $1,643 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $1,643 | $1,792 | ||
| Balance Sheets | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $7,040 | $-1,231 | $1,643 | $1,792 |
| Total liabilities | $0 | $0 | $0 | $0 |
| Net assets or fund balances | $7,040 | $-1,231 | $1,643 | $1,792 |
| Other Information | ||||
| 2010 | 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 | 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 | $0 |
| Gross receipts for public use of club facilities | $0 | $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 | $238,872 |
| Subtotal | $238,872 |
| Gifts, grants, contributions, and membership fees received | $150,701 |
| 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 | $88,171 |
| 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 | $238,872 |
| Public support | $238,872 |
| 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 | Fund For Policy Reform Inc | 888 Seventh Ave 33rd Flr Sfm, New York, NY 10106-0001 | NY | 2009-04 | $19,500,000 |
| 2 | Californians For Fair Auto Insurance Rates | 2350 Kerner Blvd Ste 250, San Rafael, CA 94901-5596 | CA | 2009-10 | $11,982,678 |
| 3 | Center For The National Interest Inc | 1025 Connecticut Ave Nw Ste 1200, Washington, DC 20036-5415 | DC | 2009-09 | $8,934,180 |
| 4 | Demos A Network For Ideas And Action Ltd | 220 5th Ave Fl 2, New York, NY 10001-7708 | NY | 2001-04 | $8,268,504 |
| 5 | Greater Rochester Regional Healthinformation Organization Inc | Ste 200, Rochester, NY 14623 | NY | 2009-03 | $4,924,949 |
| 6 | The Center For Global Enterprise Ltd | 200 Park Ave No 1700, New York, NY 10166-0005 | NY | 2014-09 | $4,296,864 |
| 7 | Global Reporting Initiative Usa Corp | 529 Fifth Avenue, New York, NY 10017-4608 | NY | 2011-08 | $297,486 |
| 8 | Hall Institute For New Jersey Public Policy Inc | 601 Lexington Avenue 51st Fl, New York, NY 10022-4611 | NY | 2007-03 | $145,000 |
| 9 | Metro Justice Inc | 803 West Ave Ste 370, Rochester, NY 14611-2460 | NY | 2007-02 | $74,225 |
| 10 | Financial Policy Council Inc | 445 Park Ave Fl 9, New York, NY 10022-8632 | NY | 2011-06 | $71,072 |
| 11 | Office Of International Diplomacy | 280 Madison Avenue Suite 912, New York, NY 10016 | NY | 2007-12 | $501 |
| 12 | Center On Federal Financial Institutions | 666 Greenwich Street 717, New York, NY 10014 | NY | 2005-01 | $0 |
| 13 | Csc Media Education Fund Inc | PO BOX 5331, New York, NY 10185-5331 | NY | 2009-06 | $0 |
| 14 | Future Of American Democracy Foundation Inc | 133 E 62nd Street, New York, NY 10065 | NY | 2006-03 | $0 |
| 15 | Jubilee Initiative Inc | 321 Burns Ave, Syracuse, NY 13206 | NY | 2011-09 | $0 |
| 16 | Law And Policy Group Inc | 30 Wall Street Suite 800, New York, NY 10005 | NY | 2002-03 | $0 |
| 17 | Onesa Institute International Inc | 8431 Baker Road, Bloomfield, NY 14469 | NY | 2008-05 | $0 |
| 18 | Reconsider Inc | 372 North Edwards Ave, Syracuse, NY 13206 | NY | 1999-07 | $0 |
| 19 | Save Our States Inc | 7 Renaissance Square - Floor 3, White Plains, NY 10601 | NY | 2014-07 | $0 |
| 20 | Workers Compensation Policy Institute Inc | 9 Cornell Road, Latham, NY 12110-1447 | NY | 2013-05 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 225 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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