Basics Learning Center Inc in Memphis, Tennessee (TN)
Table of contents:
| Basics Learning Center Inc | |
| Employer Identification Number (EIN) | 621603700 |
| Name of Organization | Basics Learning Center Inc |
| Address | PO BOX 30035, Memphis, TN 38130-0035 |
| Activities | Community service organization |
| Subsection | Charitable Organization |
| Ruling Date | 01/1997 |
| 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 | 06/2014 |
| Assets | $10,000 to $24,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $11,442 |
| Amount of Income | $22,035 |
| Form 990 Revenue Amount | $22,035 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Community Service Clubs |
Non-representatives - add comments:
Amount of income in 2014: $22,035 (it was $27,936 in 2013)
| Basics Learning Center Inc: | $22,035 |
| Other organizations performing similar types of work: | $113,829 |
Assets in 2014: $11,442 (it was $-7,738 in 2013)
| Basics Learning Center Inc: | $11,442 |
| Other organizations performing similar types of work: | $160,801 |
Expenses in 2014: $25,739
| This organization: | $25,739 |
| Other organizations performing similar types of work: | $81,633 |
Income to expenses ratio in 2014: 0.9
| This organization: | 0.9 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2014: 97.4%
| Basics Learning Center Inc: | 97.4% |
| Other organizations performing similar types of work: | 10.7% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||||
| 2010 | 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|---|
| Total revenue | $97,914 | $29,125 | $13,234 | $27,936 | $22,035 |
| Contributions, gifts, grants, and similar amounts received | $13,018 | $27,267 | $13,234 | $27,936 | $21,460 |
| Program service revenue including government fees and contracts | $84,896 | $1,858 | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 | $0 | $575 |
| Gross income from gaming | $0 | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $0 | $0 | $0 | $0 | $575 |
| Less: direct expenses from gaming and fundraising events | $0 | $0 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $101,809 | $30,719 | $10,815 | $27,956 | $25,739 |
| Total net assets | $-12,438 | $-10,137 | $-7,718 | $-7,738 | $-11,442 |
| Excess/Deficit for the year | $-3,895 | $-1,594 | $2,419 | $-20 | $-3,704 |
| Net assets or fund balances at beginning of year | $-8,543 | $-8,543 | $-10,137 | $-7,718 | $-7,738 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $-7,738 | $-11,442 | |||
| Balance Sheets | |||||
| 2010 | 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|---|
| Total assets | $-12,438 | $-10,137 | $-7,718 | $-7,738 | $-11,442 |
| Total liabilities | $0 | $0 | $0 | $0 | $0 |
| Net assets or fund balances | $-12,438 | $-10,137 | $-7,718 | $-7,738 | $-11,442 |
| Other Information | |||||
| 2010 | 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|---|
| 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 | 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 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $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 2014) | |
| 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 supported | 0 |
| 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 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public Support | $40,285 |
| Subtotal Support | $40,285 |
| Gifts, grants, contributions, and membership fees received | $40,285 |
| 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 | $0 |
| Total Support | $190,244 |
| Public Support | $40,285 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $149,959 |
| 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. | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Sightlife | 1200 6th Ave Ste 300, Seattle, WA 98101-1128 | WA | 1970-03 | $24,652,808 |
| 2 | Sinai Community Institute Inc | California Ave 15th St, Chicago, IL 60608 | IL | 1994-10 | $6,835,821 |
| 3 | St Pauls Community Development Corporation | 451 Van Houten St, Paterson, NJ 07501-2119 | NJ | 1992-01 | $2,288,336 |
| 4 | Stepping Stones Inc, C-O Peter Mclenighan | 1621 Theodore St, Joliet, IL 60435-1958 | IL | 1992-02 | $2,185,284 |
| 5 | Samoan Community Development Center Incorporated | 2055 Sunnydale Ave 100, San Francisco, CA 94134-2611 | CA | 1992-08 | $1,714,445 |
| 6 | Volunteer Center Of Lubbock Inc | 1706 23rd St Ste 101, Lubbock, TX 79411-1235 | TX | 1991-02 | $1,547,775 |
| 7 | Economic Club Of Nashville Charities Inc | PO BOX 292949, Nashville, TN 37229-2949 | TN | 1970-11 | $81,237 |
| 8 | Junior Service League Of Murfreesboro Inc | PO BOX 4138, Murfreesboro, TN 37129-4638 | TN | 1993-06 | $74,052 |
| 9 | Sertoma International Sponsorship Fund Hendersonville Evening Club, 10197 | PO BOX 573, Hendersonvlle, TN 37077-0573 | TN | 1979-01 | $47,698 |
| 10 | Jackson Service League Inc | Karley Bond, Jackson, TN 38303 | TN | 1975-08 | $45,445 |
| 11 | Lions International Johnson City Lions Club, 5093 | PO BOX 902, Johnson City, TN 37605-0902 | TN | 1960-04 | $42,461 |
| 12 | Basics Learning Center Inc | PO BOX 30035, Memphis, TN 38130-0035 | TN | 1997-01 | $22,035 |
| 13 | Mallory Heights Community Club Inc | 151 E Gage Avenue, Memphis, TN 38109 | TN | 1998-12 | $2,500 |
| 14 | Blind & Charity Fund Downtown Nashville Lions Club | PO BOX 190581, Nashville, TN 37219 | TN | 1992-07 | $0 |
| 15 | Center For Human Development Inc, Odyssey Treasures | 1212 Seventh Avenue North, Nashville, TN 37208 | TN | 1992-01 | $0 |
| 16 | Friends Of The Mildred G Fields Memorial Library Of City Milan Tn | 1075-A East Van Hook St, Milan, TN 38358 | TN | 1996-12 | $0 |
| 17 | International Association Of Lions Clubs | Po Box 896, Camden, TN 38320 | TN | 1966-03 | $0 |
| 18 | Junior Auxiliary Of Franklin Tn Inc | Po Box 541, Franklin, TN 37065 | TN | 1983-03 | $0 |
| 19 | National Exchange Club, Exchange Club Of East Memphis | 504 Sanga Circle West, Cordova, TN 38018 | TN | 1954-03 | $0 |
| 20 | Orange Mound Concerned Citizens Coalittion Inc | 1029 Raymond St, Memphis, TN 38114-3148 | TN | 1990-05 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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