Bill Glass Foundation Inc in Duncanville, Texas (TX)

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Bill Glass Foundation Inc
Employer Identification Number (EIN)237424062
Name of OrganizationBill Glass Foundation Inc
Address1101 S Cdr Rdg Dr, Duncanville, TX 75137-3070
ActivitiesEvangelism
SubsectionCharitable Organization
Ruling Date03/1975
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$198,780
Amount of Income$57,903
Form 990 Revenue Amount$57,903


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$57,903
Contributions, gifts, grants, and similar amounts received$57,903
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$34,984
Total net assets$50,264
Excess for the year$22,919
Net assets or fund balances at beginning of year$27,345
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$198,780
Total liabilities$148,516
Net assets or fund balances$50,264
Other Information (for 2011)
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 2011)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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