Damascus Inc in Halls, Tennessee (TN)
Table of contents:
| Damascus Inc | |
| Employer Identification Number (EIN) | 364669773 |
| Name of Organization | Damascus Inc |
| In Care of Name | PAUL FORESTER |
| Address | 535 Groundhog Rd, Halls, TN 38040 |
| Subsection | Charitable Organization |
| Ruling Date | 08/2010 |
| 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 | 2012 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $196,056 |
| Amount of Income | $80,108 |
| Form 990 Revenue Amount | $80,108 |
| National Taxonomy of Exempt Entities (NTEE) | Crime, Legal-Related: Transitional Care, Half-Way House for Offenders, Ex-Offenders |
Non-representatives - add comments:
Amount of income in 2012: $80,108 (it was $80,108 in 2014)
| Damascus Inc: | $80,108 |
| Other organizations performing similar types of work: | $73,346 |
Assets in 2012: $196,056 (it was $196,056 in 2014)
| Damascus Inc: | $196,056 |
| Other organizations performing similar types of work: | $26,829 |
Expenses in 2014: $14,943
| Damascus Inc: | $14,943 |
| Other organizations performing similar types of work: | $62,421 |
Income to expenses ratio in 2014: 5.4
| Damascus Inc: | 5.4 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2014: 87.1%
| This organization: | 87.1% |
| Other organizations performing similar types of work: | 60.0% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2014 | |
|---|---|---|
| Total revenue | $115,287 | $80,108 |
| Contributions, gifts, grants, and similar amounts received | $112,297 | $69,768 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $2,635 | $0 |
| Gross profit/loss from sales of inventory | $355 | $10,340 |
| Gross sales of inventory, less returns and allowances | $355 | $10,340 |
| Less: cost of goods sold | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $17,463 | $14,943 |
| Total net assets | $107,121 | $196,056 |
| Excess/Deficit for the year | $97,824 | $65,165 |
| Net assets or fund balances at beginning of year | $9,297 | $130,891 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $196,056 | |
| Balance Sheets | ||
| 2012 | 2014 | |
|---|---|---|
| Total assets | $107,121 | $196,056 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $107,121 | $196,056 |
| Other Information | ||
| 2012 | 2014 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | |
| Were any significant changes made to the organizing or governing documents? | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | |
| Amount of political expenditures, direct or indirect | $0 | |
| Did the organization file Form 1120-POL for this year? | 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 | |
| Total amount involved | $0 | |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $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 | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | |
| Reason for Public Charity Status (for 2014) | |
| 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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $153,679 |
| Subtotal | $153,679 |
| Gifts, grants, contributions, and membership fees received | $128,625 |
| 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 | $1,455 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $23,599 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $153,679 |
| Public support | $153,679 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Transitions Halfway Ministries | 111 S Highland Box 174, Memphis, TN 38111-4640 | TN | 2008-05 | $199,473 |
| 2 | Fresh Start Center | PO BOX 101, Shelbyville, TN 37162-0101 | TN | 2015-03 | $118,035 |
| 3 | Right Road Ministries | PO BOX 290606, Nashville, TN 37229 | TN | 2007-11 | $88,214 |
| 4 | Damascus Inc | 535 Groundhog Rd, Halls, TN 38040 | TN | 2010-08 | $80,108 |
| 5 | Janes House Inc | PO BOX 2644, Hendersonvlle, TN 37077-2644 | TN | 2012-08 | $13,850 |
| 6 | Elite Resource Center | PO BOX 843, Cordova, TN 38088-0843 | TN | 2013-08 | $1,000 |
| 7 | 2nd Chance 4 Life | 332 Cedarcreek Dr, Nashville, TN 37211-6650 | TN | 2012-08 | $0 |
| 8 | Better Life Recovery Center Inc | 2649 Hickory Valley Road, Maynardville, TN 37807-5320 | TN | 2013-06 | $0 |
| 9 | Comer House Of Nashville | PO BOX 281521, Nashville, TN 37228-8506 | TN | 2014-10 | $0 |
| 10 | Fannie Mae Dobbins Transitional Housing Project | 301 Carver St, Kingsport, TN 37660 | TN | 2007-08 | $0 |
| 11 | House Of Agape | 825 South Dickerson Rd Apt-127, Goodlettsville, TN 37072 | TN | 2006-02 | $0 |
| 12 | Institute For Community Development Services | 2718 Wilson Ave, Knoxville, TN 37914-5413 | TN | 1999-10 | $0 |
| 13 | New Beginnning Community And Support Service | 3029 Northway Ln, Chattanooga, TN 37406-2104 | TN | 2003-12 | $0 |
| 14 | Project Solid Rock Inc | 503 Plantation Ct, Nashville, TN 37221-2501 | TN | 2001-12 | $0 |
| 15 | Redeeming Hearts | 183 Westmoreland Street, Harrogate, TN 37752-8250 | TN | 2014-09 | $0 |
| 16 | Sista To Sister | 3422 Tournament Dr S, Memphis, TN 38125 | TN | 2012-06 | $0 |
| 17 | Sobriety Rocks, Sobriety Rocks Outreach | 1335 Enon Ln, Bolivar, TN 38008 | TN | 2012-06 | $0 |
| 18 | Sought Out Inc | 12820 Broken Saddle Road, Knoxville, TN 37934 | TN | 2006-01 | $0 |
| 19 | Steppin Stone, Solid Build | Po Box 20396, Clarksville, TN 37042 | TN | 2010-02 | $0 |
| 20 | Stepping Stones Safe Haven Inc | 1034 N Highland Ave Ste A, Murfreesboro, TN 37130 | TN | 2010-02 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 610 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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