New Foundations Ministries Inc in Oklahoma City, Oklahoma (OK)
Table of contents:
| New Foundations Ministries Inc | |
| Employer Identification Number (EIN) | 562423284 |
| Name of Organization | New Foundations Ministries Inc |
| In Care of Name | William P Young |
| Address | 1445 Nw 24, Oklahoma City, OK 73106 |
| Subsection | Religious Organization |
| Ruling Date | 06/2004 |
| Deductibility | Contributions are deductible |
| Foundation | Church |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2007 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (church) |
| Asset Amount | $2,645 |
| Amount of Income | $8,783 |
| Form 990 Revenue Amount | $8,783 |
| National Taxonomy of Exempt Entities (NTEE) | Religion-Related, Spiritual Development: Protestant |
Non-representatives - add comments:
Amount of income in 2007: $8,783 (it was $124,589 in 2012)
| This organization: | $8,783 |
| Other organizations performing similar types of work: | $66,638 |
Assets in 2007: $2,645 (it was $12,988 in 2012)
| This organization: | $2,645 |
| Other organizations performing similar types of work: | $23,949 |
Expenses in 2012: $84,906
| This organization: | $84,906 |
| Other organizations performing similar types of work: | $61,434 |
Income to expenses ratio in 2012: 0.1
| This organization: | 0.1 |
| Other organizations performing similar types of work: | 0.8 |
Grants share in income in 2012: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 49.5% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012) | |
| Total revenue | $91,746 |
| Contributions, gifts, grants, and similar amounts received | $0 |
| 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 | $91,746 |
| Gross amount from sale of assets other than inventory | $124,589 |
| Less: cost or other basis and sales expenses | $32,843 |
| Net income from gaming and fundraising events | $0 |
| Gross profit from sales of inventory | $0 |
| Other revenue | $0 |
| Total expenses | $84,906 |
| Total net assets | $12,988 |
| Excess for the year | $6,840 |
| Net assets or fund balances at beginning of year | $6,148 |
| Other changes in net assets or fund balances | $0 |
| Balance Sheets (for 2012) | |
| Total assets | $12,988 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,988 |
| Other Information (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
| 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 | $520,983 |
| Gifts, grants, contributions, and membership fees received | $0 |
| 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 | $520,983 |
| 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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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | St Marys Jacobite Church Of Colorado Inc | 3410 W Walsh Pl, Denver, CO 80219-3374 | CO | 2005-02 | $54,985 |
| 2 | Shepherd Creek Ministries | PO BOX 403, Kendalia, TX 78027-0403 | TX | 2000-01 | $38,773 |
| 3 | Sotto International Inc | 2021 S Lewis Ave Ste 250, Tulsa, OK 74104-5730 | OK | 2002-10 | $11,069,438 |
| 4 | Templo De Alabanza | 1145 W I - 240 Svc Rd Bldg C, Oklahoma City, OK 73139-2171 | OK | 2006-04 | $1,443,641 |
| 5 | Tulakogee Conference Center Inc | 34168 E 713 Way, Wagoner, OK 74467-8481 | OK | 2007-11 | $930,247 |
| 6 | First Baptist Church North Tulsa | 1414 N Greenwood Ave, Tulsa, OK 74106-4814 | OK | 2004-02 | $752,698 |
| 7 | Reclaiming The Mind Ministries | 109 Nw 142nd St, Edmond, OK 73013-1979 | OK | 2006-10 | $680,447 |
| 8 | Sermon On The Mount Inc | 35102 County Street 2740, Anadarko, OK 73005-2476 | OK | 2012-09 | $514,704 |
| 9 | Tony Cooke Ministries Inc | PO BOX 140187, Broken Arrow, OK 74014-0002 | OK | 2002-06 | $420,386 |
| 10 | In The Gap Inc | 520 West Main Street Suite 417, Oklahoma City, OK 73102 | OK | 2011-02 | $313,957 |
| 11 | Vine Outreach Ministries Inc, Vine Community Church | 6608 N Western Ave Pmb 179, Oklahoma City, OK 73116-7326 | OK | 2012-12 | $277,003 |
| 12 | Women At The Well Ministries, Dba All About Learning | 9605 Berkley Ct, Oklahoma City, OK 73162-6410 | OK | 2004-11 | $274,109 |
| 13 | Making A Difference Incorporated | 210 E Maple Ave, Enid, OK 73701-4114 | OK | 2009-03 | $268,489 |
| 14 | Africa International Missions Inc | 1425 E 41st Pl, Tulsa, OK 74105-4037 | OK | 2012-10 | $174,400 |
| 15 | Galilee Baptist Church | 1025 E 9th St, Shawnee, OK 74801-7335 | OK | 2007-08 | $138,184 |
| 16 | Northshore Baptist Womens Mission Inc | PO BOX 769, Miami, OK 74355-0769 | OK | 2014-06 | $137,423 |
| 17 | Goten Inc | 2250 E 73rd St Ste 650, Tulsa, OK 74136-6883 | OK | 2009-03 | $128,838 |
| 18 | Serving Copts Inc | PO BOX 141276, Broken Arrow, OK 74014-0012 | OK | 2010-03 | $123,190 |
| 19 | Toler Leadersip International Inc | PO BOX 720230, Oklahoma City, OK 73172-0230 | OK | 1994-08 | $110,000 |
| 20 | Russell Ministries Inc | 8080 E 1545 Rd, Calvin, OK 74531-5083 | OK | 1996-01 | $100,859 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 36,876 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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