Ability To Succeed Foundation in Shavano Park, Texas (TX)
Table of contents:
Ability To Succeed Foundation | |
Employer Identification Number (EIN) | 270965202 |
Name of Organization | Ability To Succeed Foundation |
Address | 114 Painted Post Ln, Shavano Park, TX 78231-1414 |
Subsection | Charitable Organization |
Ruling Date | 08/2011 |
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 | 12/2013 |
Assets | $100,000 to $499,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $239,007 |
Amount of Income | $59,190 |
Form 990 Revenue Amount | $13,815 |
National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Children's, Youth Services |
Non-representatives - add comments:
Amount of income in 2013: $59,190 (it was $10,804 in 2012)
Ability To Succeed Foundation: | $59,190 |
Other organizations performing similar types of work: | $87,848 |
Assets in 2013: $239,007 (it was $225,117 in 2012)
Ability To Succeed Foundation: | $239,007 |
Other organizations performing similar types of work: | $32,434 |
Expenses in 2013: $24,500
Ability To Succeed Foundation: | $24,500 |
Other organizations performing similar types of work: | $79,179 |
Income to expenses ratio in 2013: 2.4
This organization: | 2.4 |
Other organizations performing similar types of work: | 0.9 |
Grants share in income in 2013: 29.9%
Ability To Succeed Foundation: | 29.9% |
Other organizations performing similar types of work: | 84.2% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $16,087 | $5,692 | $13,815 |
Contributions, gifts, grants, and similar amounts received | $25 | $0 | $4,124 |
Program service revenue including government fees and contracts | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $4,105 | $3,374 | $3,461 |
Gain/Loss from sale of assets other than inventory | $11,957 | $2,318 | $6,230 |
Gross amount from sale of assets other than inventory | $73,854 | $7,430 | $51,605 |
Less: cost or other basis and sales expenses | $61,897 | $5,112 | $45,375 |
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 | $6,531 | $3,725 | $24,500 |
Total net assets | $209,214 | $225,084 | $238,974 |
Excess/Deficit for the year | $9,556 | $1,967 | $-10,685 |
Net assets or fund balances at beginning of year | $213,817 | $209,214 | $225,084 |
Other changes in net assets or fund balances | $-14,159 | $13,903 | $24,575 |
Net assets or fund balances at end of year | $225,084 | $238,974 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $209,767 | $225,117 | $239,007 |
Total liabilities | $553 | $33 | $33 |
Net assets or fund balances | $209,214 | $225,084 | $238,974 |
Other Information | |||
2011 | 2012 | 2013 | |
---|---|---|---|
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 |
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 |
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? | 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 2013) | |
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 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public support | $4,149 |
Subtotal | $4,149 |
Gifts, grants, contributions, and membership fees received | $4,149 |
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 |
Gross receipts from activities that are not an unrelated trade or business under section 513 | $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 |
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 | $18,115 |
Public support | $4,149 |
Subtotal | $13,966 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $13,966 |
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 | Youth Services Of Glenview- Northbrook | 3080 W Lake Ave, Glenview, IL 60026-1210 | IL | 1982-08 | $1,259,095 |
2 | Texas Baptist Childrens Home Inc | 1101 N Mays St, Round Rock, TX 78664-4203 | TX | 2002-01 | $3,509,818 |
3 | Faith Works | 1801 North Hampton Suite 400, Desoto, TX 75115 | TX | 2006-07 | $2,956,507 |
4 | Willow Bend Center | 2902 State Hwy 31 East, Tyler, TX 75702-8613 | TX | 2006-09 | $2,747,304 |
5 | Silver & Black Give Back | One Att Center, San Antonio, TX 78219 | TX | 1988-07 | $2,389,601 |
6 | Have Haven Inc, Have Haven Child Placing Agency | 9900 Westpark Dr, Houston, TX 77063-5277 | TX | 2009-11 | $1,342,085 |
7 | Refuge House San Antonio Inc | 3585 Timberglen Rd, Dallas, TX 75287-3424 | TX | 2009-09 | $1,072,114 |
8 | Americas Unwanted Children | 930 Agua Caliente Dr, El Paso, TX 79912-1741 | TX | 2009-07 | $819,873 |
9 | West Central Texas Regional Foundation | 3702 Loop 322, Abilene, TX 79602-7300 | TX | 2010-02 | $757,203 |
10 | Kb Foundation Of Texas | 110 East Coronado Dr 102, South Padre Island, TX 78597-7616 | TX | 2009-11 | $706,071 |
11 | Voices For Children Inc, Casa Of Brazos County | 115 N Main St, Bryan, TX 77803-3235 | TX | 2001-04 | $577,396 |
12 | Spirit Reins Inc | 2055 County Road 284, Liberty Hill, TX 78642-6077 | TX | 2005-06 | $502,014 |
13 | Charleston Catholic Community Chest | 18551 Lazy Lane, Flint, TX 75762 | TX | 2003-03 | $432,667 |
14 | Casa Love Them To Life Inc | PO BOX 2506, Mt Pleasant, TX 75456-2506 | TX | 2014-01 | $411,451 |
15 | Upper Kirby District Foundation, Brewster Jamie Ttee | 3015 Richmond Ave Ste 200, Houston, TX 77098-3119 | TX | 1995-09 | $371,766 |
16 | Youthful Blessings Inc | 1906 Seabrook Dr, Duncanville, TX 75137-4578 | TX | 2010-01 | $346,447 |
17 | Casa Of Liberty&chambers Counties | Po Box 9027, Liberty, TX 77575 | TX | 2009-09 | $340,381 |
18 | Childrens Refuge Inc | 15127 Timbershire Ct, Magnolia, TX 77355-8025 | TX | 2010-02 | $318,439 |
19 | Casa Of Mclennan And Hill Counties | 2223 Austin Ave Suite D, Waco, TX 76701 | TX | 2012-11 | $297,386 |
20 | New Beginnings Childrens Home At Canaan Land Ranch Inc | 6610 W Us Highway 90, San Antonio, TX 78227-3702 | TX | 2011-03 | $294,731 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 5,909 |
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