Internatnl Society For Advancementof Clinical Magnetoencephalography in Houston, Texas (TX)

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Internatnl Society For Advancementof Clinical Magnetoencephalography
Employer Identification Number (EIN)260701667
Name of OrganizationInternatnl Society For Advancementof Clinical Magnetoencephalography
Address6410 Fannin St, Houston, TX 77030-3000
SubsectionCharitable Organization
Ruling Date07/2010
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$25,084
Amount of Income$2,080
Form 990 Revenue Amount$2,080
National Taxonomy of Exempt Entities (NTEE)Diseases, Disorders, Medical Disciplines: Professional Societies, Associations


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Amount of income in 2013: $2,080 (it was $3,300 in 2012)
This organization: 

 $2,080
Other organizations performing similar types of work: 

 $79,633

Assets in 2013: $25,084 (it was $34,711 in 2012)
This organization: 

 $25,084
Other organizations performing similar types of work: 

 $138,952

Expenses in 2013: $11,707
This organization: 

 $11,707
Other organizations performing similar types of work: 

 $56,535

Income to expenses ratio in 2013: 0.2
Internatnl Society For Advancementof Clinical Magnetoencephalography: 

 0.2
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 35.1%
Internatnl Society For Advancementof Clinical Magnetoencephalography: 

 35.1%
Other organizations performing similar types of work: 

 3.6%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$68,585$3,300$2,080
Contributions, gifts, grants, and similar amounts received$44,500$0$730
Program service revenue including government fees and contracts$20,285$0$0
Membership dues and assessments$3,800$3,300$1,350
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
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$49,518$10,335$11,707
Total net assets$41,746$34,711$25,084
Excess/Deficit for the year$19,067$-7,035$-9,627
Net assets or fund balances at beginning of year$22,679$41,746$34,711
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$34,711$25,084
Balance Sheets
201120122013
Total assets$43,277$34,711$25,084
Total liabilities$1,531$0$0
Net assets or fund balances$41,746$34,711$25,084
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$40,872
Subtotal Support$76,558
Gifts, grants, contributions, and membership fees received$76,558
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
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$35,686
Total Support$76,558
Public Support$76,558
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$48,580
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1American Association For Respiratory Care9425 N Macarthur Blvd Ste 100, Irving, TX 75063-4725TX1970-12$17,801,751
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4Harris County Optometric Society1703 W 12th St, Houston, TX 77008-6401TX1954-02$35,409
5Texas Heart Institute Cardiac Society1101 Bates Suite P514, Houston, TX 77030TX2012-01$23,632
6Chicago Society Of Colon And Rectal Surgeons9050 W 81st Street, Justice, IL 60458IL2011-05$22,838
7Sinus & Allergy Health Partnership Inc1990 M St Nw Ste 680, Washington, DC 20036-3417DC2001-02$17,497
8Augusta Otolaryngology Educational Foundation6134 Poplar Bluff Cir Ste 101, Norcross, GA 30092-1390GA2011-10$7,385
9Internatnl Society For Advancementof Clinical Magnetoencephalography6410 Fannin St, Houston, TX 77030-3000TX2010-07$2,080
10Hcv 2008Utmb Box 65184, Galveston, TX 77555-0001TX2008-01$115
11Foundation For Contact Lens & Cornea Research Education Inc15639 N 40th Pl, Phoenix, AZ 85032-4101AZ2010-09$84
12American Association For Primary Care Endoscopy11400 Tomahawk Creek Pkwy, Leawood, KS 66211-2672KS2009-03$0
13Association Of Black Cardiovascular And Thoracic Surgeons7557 Greenbush Rd, Akron, NY 14001NY2010-02$0
14Association Of Operating Room Nurses719 Haring Rd, Metairie, LA 70001LA1969-05$0
15Atlanta Vascular Society Inc1035 Southcrest Drive Ste 250, Stockbridge, GA 30281GA2011-08$0
16Council Ib Renal Nutrition Of Long Island3007 208 Street, Bayside, NY 11360NY1999-06$0
17Florida Pulmonary Society Inc1799 N Belcher Rd Ste A, Clearwater, FL 33765-1324FL1999-12$0
18Otosclerosis Study Group5900 Six Forks Rd Suite 200, Raleigh, NC 27609NC2010-08$0
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Number of organizations performing similar types of work
Arizona1
California6
District of Columbia1
Florida1
Georgia2
Hawaii1
Illinois3
Indiana2
Kansas1
Louisiana2
Massachusetts2
Michigan3
Minnesota1
North Carolina1
Nebraska1
New Jersey2
New York2
Ohio1
Texas5
Virginia1
Wisconsin2
Wyoming1
Total42

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