Project Open Inc in New York, New York (NY)
Table of contents:
| Project Open Inc | |
| Employer Identification Number (EIN) | 133744003 |
| Name of Organization | Project Open Inc |
| In Care of Name | Rochelle Shereff |
| Address | 180 W End Ave Apt 1g, New York, NY 10023-4917 |
| Activities | Services for the aged (see also 153 ad 382) |
| Subsection | Charitable Organization |
| Ruling Date | 12/1994 |
| 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 | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $179,260 |
| Amount of Income | $80,892 |
| Form 990 Revenue Amount | $79,126 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Personal Social Services |
Non-representatives - add comments:
Amount of income in 2013: $80,892 (it was $131,191 in 2012)
| Project Open Inc: | $80,892 |
| Other organizations performing similar types of work: | $262,626 |
Assets in 2013: $179,260 (it was $211,352 in 2012)
| This organization: | $179,260 |
| Other organizations performing similar types of work: | $95,523 |
Expenses in 2013: $111,692
| Project Open Inc: | $111,692 |
| Other organizations performing similar types of work: | $237,737 |
Income to expenses ratio in 2013: 0.7
| This organization: | 0.7 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 82.3%
| This organization: | 82.3% |
| Other organizations performing similar types of work: | 32.8% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $105,343 | $129,107 | $79,126 |
| Contributions, gifts, grants, and similar amounts received | $79,387 | $118,105 | $65,112 |
| Program service revenue including government fees and contracts | $3,361 | $623 | $771 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $716 | $846 | $77 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $21,879 | $9,533 | $13,166 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $21,909 | $11,617 | $14,932 |
| Less: direct expenses from gaming and fundraising events | $30 | $2,084 | $1,766 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $109,200 | $111,864 | $111,692 |
| Total net assets | $134,534 | $151,323 | $118,759 |
| Excess/Deficit for the year | $-3,857 | $17,243 | $-32,566 |
| Net assets or fund balances at beginning of year | $137,992 | $134,535 | $151,325 |
| Other changes in net assets or fund balances | $399 | $-455 | $0 |
| Net assets or fund balances at end of year | $151,322 | $118,756 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $194,116 | $211,352 | $179,260 |
| Total liabilities | $59,582 | $60,029 | $60,501 |
| Net assets or fund balances | $134,534 | $151,323 | $118,759 |
| Other Information | |||
| 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 |
| 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 |
| 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? | 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 | $470,646 |
| Subtotal | $470,646 |
| Gifts, grants, contributions, and membership fees received | $408,164 |
| 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 | $12,863 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $49,619 |
| 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 | $536,782 |
| Public support | $470,646 |
| Subtotal | $7,144 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $7,144 |
| 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 | $58,932 |
| Other income | $60 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Gurdjieff Foundation Inc | 123 E 63rd St, New York, NY 10065-7302 | NY | 1954-12 | $2,063,430 |
| 2 | Wainwright House Inc | 260 Stuyvesant Ave, Rye, NY 10580-3115 | NY | 1947-02 | $1,172,141 |
| 3 | Shin-Budo Kai Inc | 77 8th Ave, New York, NY 10014-1201 | NY | 1977-12 | $79,088 |
| 4 | Creative Community Institute Inc | PO BOX 745, Amherst, NY 14226 | NY | 1987-02 | $31,561 |
| 5 | Satori Foundation, Kozmic Korner | 3700 Embassy Pkwy Ste 240, Akron, OH 44333-8384 | OH | 1983-06 | $554,033 |
| 6 | Ideal Support Services | 14291 E 4th Ave Bldg 7 Suite 175, Aurora, CO 80011-8717 | CO | 2009-06 | $505,466 |
| 7 | Sparkpeople Service Inc | 1 E 4th St Ste 1200, Cincinnati, OH 45202-3708 | OH | 2001-06 | $357,765 |
| 8 | Seton Healthcare, The Seton Cove | 1345 Philomena St, Austin, TX 78723-3210 | TX | 2014-09 | $329,047 |
| 9 | Reachout Of St Lawrence County Inc | PO BOX 5051, Potsdam, NY 13676-5051 | NY | 1980-07 | $262,626 |
| 10 | Project Open Inc | 180 W End Ave Apt 1g, New York, NY 10023-4917 | NY | 1994-12 | $80,892 |
| 11 | Somm-Net | 590 W 13th Ave, Eugene, OR 97401-3461 | OR | 2005-05 | $34,861 |
| 12 | People Enriching Peolpe Inc | 4096 Griffin Rd, Syracuse, NY 13215-9534 | NY | 1988-05 | $18 |
| 13 | Anchors Of Hope, Bullying Awareness & Prevention Alliance | 807 S 21st St 52, Council Bluffs, IA 51501 | IA | 2006-10 | $0 |
| 14 | Appalachian Mountain Of Hope Inc, Narconon Apalacian Mountain Of Hope | 14004 Woodsedge Rd, Fort Ashby, WV 26719-9218 | WV | 2006-12 | $0 |
| 15 | Brazilian Total Assistance Inc | 7 Foster St, Quincy, MA 02169 | MA | 2009-04 | $0 |
| 16 | Care Love And Hope Foundation Inc | 14740 Sw 132nd Ct, Miami, FL 33186-7635 | FL | 2009-06 | $0 |
| 17 | Chajala Inc | 21145 State Hwy 263, Fox, AR 72051 | AR | 2008-12 | $0 |
| 18 | Expert Readers Inc | 211 Pittard Rd, Athens, GA 30601-3911 | GA | 2000-04 | $0 |
| 19 | Full Gospel Business Women Fellowship International | 614 W Manchester Blvd Ste 203, Inglewood, CA 90301-1686 | CA | 1999-07 | $0 |
| 20 | Inner Search Foundation Inc | Po Box 10382, Mclean, VA 22102 | VA | 1986-06 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 48 | ||||||||||||||||||||||||||||||||||||||||||||||||
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