Common Belief Ministries in Sherman, Texas (TX)

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Common Belief Ministries
Employer Identification Number (EIN)201157512
Name of OrganizationCommon Belief Ministries
In Care of NameCurtis James
Address1027 W Sycamore St, Sherman, TX 75092-5156
SubsectionCharitable Organization, Religious Organization
Ruling Date10/2004
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period12/2011
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$19,310
Amount of Income$80,925
Form 990 Revenue Amount$80,925
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Religion Related, Spiritual Development (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$80,925
Contributions, gifts, grants, and similar amounts received$78,243
Program service revenue including government fees and contracts$2,682
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$89,059
Total net assets$19,310
Deficit for the year$-8,134
Net assets or fund balances at beginning of year$27,444
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$19,310
Total liabilities$0
Net assets or fund balances$19,310
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 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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$371,882
Gifts, grants, contributions, and membership fees received$371,882
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$0
Gross receipts from related activities, etc.$36,861
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