New York Professional Advisors For Community Entrepreneurs Inc, Nypace in New York, New York (NY)

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New York Professional Advisors For Community Entrepreneurs Inc, Nypace
Employer Identification Number (EIN)201538491
Name of OrganizationNew York Professional Advisors For Community Entrepreneurs Inc
Secondary NameNypace
In Care of NameDaniel Zamlong
Address347 5th Ave Ste 703, New York, NY 10016
Websitehttp://www.nypace.org
SubsectionCharitable Organization, Educational Organization
Ruling Date05/2005
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period2010
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$124,639
Amount of Income$104,856
Form 990 Revenue Amount$104,856
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Management Services for Small Business, Entrepreneurs


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Amount of income in 2010: $104,856 (it was $91,681 in 2012)
This organization: 

 $104,856
Other organizations performing similar types of work: 

 $104,856

Assets in 2010: $124,639 (it was $91,340 in 2012)
New York Professional Advisors For Community Entrepreneurs Inc, Nypace: 

 $124,639
Other organizations performing similar types of work: 

 $124,639

Expenses in 2012: $36,948
This organization: 

 $36,948
Other organizations performing similar types of work: 

 $36,948

Income to expenses ratio in 2012: 2.8
New York Professional Advisors For Community Entrepreneurs Inc, Nypace: 

 2.8
Other organizations performing similar types of work: 

 2.8

Grants share in income in 2012: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$91,681
Contributions, gifts, grants, and similar amounts received$91,657
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$24
Total expenses$36,948
Total net assets$91,340
Excess for the year$54,733
Net assets or fund balances at beginning of year$36,607
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$91,340
Total liabilities$0
Net assets or fund balances$91,340
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$152,489
Gifts, grants, contributions, and membership fees received$152,454
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$35
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1New York Professional Advisors For Community Entrepreneurs Inc, Nypace347 5th Ave Ste 703, New York, NY 10016NY2005-05$104,856
2Self-Sufficient Living Educational Institute Inc3004 Great Oaks Lane, Forestville Md, MD 20747MD2001-04$0
Number of organizations performing similar types of work
Maryland1
New York1
Total2

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