Majestic Ministries Foundation Inc in Edmond, Oklahoma (OK)
Table of contents:
Majestic Ministries Foundation Inc | |
Employer Identification Number (EIN) | 731563283 |
Name of Organization | Majestic Ministries Foundation Inc |
In Care of Name | Buddy L Johnson |
Address | 12001 N Ecker Dr, Edmond, OK 73013-8325 |
Subsection | Educational Organization |
Ruling Date | 10/1999 |
Deductibility | Contributions are deductible |
Foundation | School |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $25,000 to $99,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $68,232 |
Amount of Income | $64,576 |
Form 990 Revenue Amount | $54,915 |
National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Vocational, Technical Schools |
Non-representatives - add comments:
Amount of income in 2013: $64,576 (it was $46,299 in 2012)
Majestic Ministries Foundation Inc: | $64,576 |
Other organizations performing similar types of work: | $180,438 |
Assets in 2013: $68,232 (it was $80,566 in 2012)
Majestic Ministries Foundation Inc: | $68,232 |
Other organizations performing similar types of work: | $100,732 |
Expenses in 2013: $40,077
Majestic Ministries Foundation Inc: | $40,077 |
Other organizations performing similar types of work: | $172,661 |
Income to expenses ratio in 2013: 1.6
Majestic Ministries Foundation Inc: | 1.6 |
Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2013: 100.0%
This organization: | 100.0% |
Other organizations performing similar types of work: | 47.2% |
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $16,733 | $46,299 | $54,915 |
Contributions, gifts, grants, and similar amounts received | $30,178 | $44,509 | $54,915 |
Program service revenue including government fees and contracts | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $214 | $1,790 | $0 |
Gain/Loss from sale of assets other than inventory | $-13,659 | $0 | $0 |
Gross amount from sale of assets other than inventory | $0 | $0 | $9,661 |
Less: cost or other basis and sales expenses | $13,659 | $0 | $9,661 |
Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $0 | $0 | $0 |
Total expenses | $61,710 | $46,118 | $40,077 |
Total net assets | $-22,258 | $-22,077 | $-7,239 |
Excess/Deficit for the year | $-44,977 | $181 | $14,838 |
Net assets or fund balances at beginning of year | $22,719 | $-22,258 | $-22,077 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | $-22,077 | $-7,239 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $74,862 | $80,566 | $68,232 |
Total liabilities | $97,120 | $102,643 | $75,471 |
Net assets or fund balances | $-22,258 | $-22,077 | $-7,239 |
Other Information | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | Yes | 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 | Yes | No |
Has the organization filed a Form 990-T for the year? | Yes | 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? | Yes | Yes | |
Total amount involved | $102,643 | $75,471 | |
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: | A school described in section 170(b)(1)(A)(ii) |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Write your review! |
|
Recently Added Reviews |
Oklahoma Ladies For Christian Education in Edmond, OK
|
Friends Of The Pc West Foundation Inc in Edmond, OK
|
Marlow Samaritans in Marlow, OK |
Oklahoma Saved By Grace Restoration Ministries in Oklahoma City, OK
|
Encore Theatre Arts Inc in Tulsa, OK
|
Action Christian Chapel Inc in Tulsa, OK |
American Institute Of Aeronautics And Astronautics, University Of Oklahoma Student Branch in Norman, OK |
Les Feldick Ministries in Kinta, OK
|
Mcalester Regional Health Center Foundation in Mcalester, OK
|
Prince Hall Grand High Court Heroines Of Jericho in Altus, OK
|
Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Loyalist College Of Applied Arts And Technology | Belleville On K8n 5b9, Canada | international | 2014-01 | $55,514,601 |
2 | Pathpoint | 315 W Haley St Ste 102, Santa Barbara, CA 93101-8052 | CA | 2000-01 | $20,589,726 |
3 | Southern Nevada Culinary And Bartenders Training Fund A Trust, Solomon Mark Ex Director | 710 W Lake Mead Blvd, N Las Vegas, NV 89030-4067 | NV | 2001-02 | $9,367,340 |
4 | Indiana-Kentucky-Ohio Reg Cncil Of Crpntrs Jt Apprntc & Training Fund | 1095 Mariners Dr, Warsaw, IN 46582-9392 | IN | 2004-09 | $9,297,118 |
5 | The@booker T Washington Public Charter School For Technical Arts | 1346 Florida Avenue N W, Washington, DC 20009-4838 | DC | 1999-06 | $9,006,609 |
6 | Valley Grande Institute For Academic Studies | 345 S Texas Blvd, Weslaco, TX 78596-6113 | TX | 1999-08 | $5,722,574 |
7 | Local 798 Training Center | 4835 S 83rd E Ave, Tulsa, OK 74145 | OK | 2003-03 | $4,420,971 |
8 | Westmed Training Inc | 11355 N Torrey Pines Rd, La Jolla, CA 92037-1013 | CA | 2009-10 | $4,181,214 |
9 | Taller San Jose | 801 N Broadway, Santa Ana, CA 92701-3423 | CA | 2006-09 | $3,817,731 |
10 | Construction Education Foundatin Inc | 8005 Schoon St, Anchorage, AK 99518 | AK | 2008-08 | $3,626,566 |
11 | Sheet Metal Workers Local Union No 28 Education Fund | 13920 Jamaica Ave, Jamaica, NY 11435-3614 | NY | 1978-11 | $3,281,658 |
12 | Toledo Electrical Joint Apprenticeship & Training Trust Fu | 803 Lime City Rd, Rossford, OH 43460-1613 | OH | 2000-02 | $2,844,757 |
13 | New England Center For Arts & Technology Inc | 23 Bradston St, Boston, MA 02118-2703 | MA | 2010-12 | $2,748,499 |
14 | The Crucible | 1260 7th St, Oakland, CA 94607-2150 | CA | 1999-12 | $2,174,931 |
15 | Y I E L D Inc | 4500 W Lee Blvd Bldg 600, Lawton, OK 73505-8304 | OK | 2008-08 | $562,435 |
16 | Majestic Ministries Foundation Inc | 12001 N Ecker Dr, Edmond, OK 73013-8325 | OK | 1999-10 | $64,576 |
17 | Aviation Maintenance Technician School Inc | Rr 2, Idabel, OK 74745-9802 | OK | 1999-02 | $0 |
18 | Morning Star International Inc | 9033 East 63rd Street, Tulsa, OK 74133 | OK | 2005-02 | $0 |
19 | Next Level To Career Institute | PO BOX 21081, Oklahoma City, OK 73156-1081 | OK | 2009-07 | $0 |
20 | Vaya Con Dios | 1705 E Highway 62, Fort Gibson, OK 74434 | OK | 2005-11 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | 1,011 |
Organization representatives - add corrected or new information about Majestic Ministries Foundation Inc »
Non-representatives - add comments about Majestic Ministries Foundation Inc»