American Boat Builders And Repairers Foundation Inc in Warren, Rhode Island (RI)

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American Boat Builders And Repairers Foundation Inc
Employer Identification Number (EIN)550813648
Name of OrganizationAmerican Boat Builders And Repairers Foundation Inc
In Care of NameJames Bronstein
Address48 Water Street, Warren, RI 02885
SubsectionCharitable Organization
Ruling Date01/2005
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2008
Assets$1 to $9,999
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$3,671
Amount of Income$1,125
Form 990 Revenue Amount$1,125
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Single Organization Support


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Amount of income in 2008: $1,125 (it was $0 in 2012)
This organization: 

 $1,125
Other organizations performing similar types of work: 

 $79,835

Assets in 2008: $3,671 (it was $3,671 in 2012)
American Boat Builders And Repairers Foundation Inc: 

 $3,671
Other organizations performing similar types of work: 

 $109,083

Expenses in 2012: $1,125
This organization: 

 $1,125
Other organizations performing similar types of work: 

 $38,188

Income to expenses ratio in 2012: 1.0
American Boat Builders And Repairers Foundation Inc: 

 1.0
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2012: -,nan,(ind)%
This organization: 

 -,nan,(ind)%
Other organizations performing similar types of work: 

 77.6%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$0
Total expenses$1,125
Total net assets$3,671
Deficit for the year$-1,125
Net assets or fund balances at beginning of year$4,796
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$3,671
Total liabilities$0
Net assets or fund balances$3,671
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$14,575
Gifts, grants, contributions, and membership fees received$14,575
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$0
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Number of organizations performing similar types of work
Arizona1
California2
Connecticut2
District of Columbia4
Florida1
Georgia1
Iowa1
Illinois4
Indiana1
Louisiana1
Massachusetts1
Michigan1
Minnesota4
Missouri1
North Carolina2
New Jersey1
New Mexico1
New York3
Oklahoma1
Rhode Island1
South Carolina1
Texas5
Virginia6
Washington3
Wisconsin1
Total50

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