Ladies Into Purchasing Stock Inc in Cypress, Texas (TX)
Table of contents:
Ladies Into Purchasing Stock Inc | |
Employer Identification Number (EIN) | 760391154 |
Name of Organization | Ladies Into Purchasing Stock Inc |
In Care of Name | Sharon Campbell |
Address | 15226 Highland Elm St, Cypress, TX 77433-5707 |
Subsection | Charitable Organization |
Ruling Date | 11/2004 |
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 | $25,000 to $99,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $53,697 |
Amount of Income | $148,263 |
Form 990 Revenue Amount | $128,233 |
National Taxonomy of Exempt Entities (NTEE) | Youth Development: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2014: $148,263 (it was $154,519 in 2013)
Ladies Into Purchasing Stock Inc: | $148,263 |
Other organizations performing similar types of work: | $87,510 |
Assets in 2014: $53,697 (it was $47,004 in 2013)
This organization: | $53,697 |
Other organizations performing similar types of work: | $48,564 |
Expenses in 2014: $121,540
Ladies Into Purchasing Stock Inc: | $121,540 |
Other organizations performing similar types of work: | $56,536 |
Income to expenses ratio in 2014: 1.2
This organization: | 1.2 |
Other organizations performing similar types of work: | 1.7 |
Grants share in income in 2014: 12.6%
This organization: | 12.6% |
Other organizations performing similar types of work: | 63.2% |
Revenue for 2014
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2012 | 2013 | 2014 | |
---|---|---|---|
Total revenue | $129,001 | $141,389 | $128,233 |
Contributions, gifts, grants, and similar amounts received | $9,829 | $8,735 | $16,197 |
Program service revenue including government fees and contracts | $0 | $0 | $0 |
Membership dues and assessments | $13,899 | $17,245 | $13,250 |
Investment income | $121 | $112 | $113 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $105,163 | $113,199 | $97,655 |
Gross income from gaming | $0 | $0 | $0 |
Gross income from fundraising events | $121,537 | $125,204 | $113,334 |
Less: direct expenses from gaming and fundraising events | $16,374 | $12,005 | $15,679 |
Gross profit/loss from sales of inventory | $-11 | $2,098 | $1,018 |
Gross sales of inventory, less returns and allowances | $3,047 | $3,223 | $5,369 |
Less: cost of goods sold | $3,058 | $1,125 | $4,351 |
Other revenue | $0 | $0 | $0 |
Total expenses | $127,811 | $120,820 | $121,540 |
Total net assets | $26,435 | $47,004 | $53,697 |
Excess/Deficit for the year | $1,190 | $20,569 | $6,693 |
Net assets or fund balances at beginning of year | $25,245 | $26,435 | $47,004 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | $47,004 | $53,697 |
Balance Sheets | |||
2012 | 2013 | 2014 | |
---|---|---|---|
Total assets | $26,435 | $47,004 | $53,697 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $26,435 | $47,004 | $53,697 |
Other Information | |||
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 |
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 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 | $126,020 |
Subtotal Support | $126,020 |
Gifts, grants, contributions, and membership fees received | $126,020 |
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 | $127,179 |
Public Support | $126,020 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $1,159 |
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. | $131,953 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Gw Hinckley Foundation | PO BOX 122, Hinckley, ME 04944-0122 | ME | 2011-09 | $1,464,876 |
2 | Summer Camp Opportunities Promote Education Inc, Scope | 253 W 35th St Fl 4, New York, NY 10001-1907 | NY | 2005-07 | $971,423 |
3 | Variety Of Eastern Tennessee | 7132 Regal Ln, Knoxville, TN 37918-5803 | TN | 2003-07 | $876,818 |
4 | Tulsa State Fair Junior Livestock Auction Corporation | 4145 E 21st St, Tulsa, OK 74114-2108 | OK | 2011-06 | $358,017 |
5 | Steel Magnolias | 6216 E Pacific Coast Highway, Long Beach, CA 90803-4867 | CA | 2012-02 | $326,112 |
6 | Tolby Supporting Organizationendowment Trust, Comerica Bank & Trust Na Ttee | PO BOX 75000, Detroit, MI 48275-0001 | MI | 2009-04 | $267,978 |
7 | Mayes County Premium Auction Corporation | PO BOX 133, Rose, OK 74364-0133 | OK | 2009-04 | $173,907 |
8 | Macon County 4-H And Extension Foundation | 3351 N President Howard Brown Blvd, Decatur, IL 62521-6208 | IL | 2011-11 | $161,560 |
9 | Ladies Into Purchasing Stock Inc | 15226 Highland Elm St, Cypress, TX 77433-5707 | TX | 2004-11 | $148,263 |
10 | Shasta Elementary Pto | 169 Leora Ct, Chico, CA 95973-0252 | CA | 2004-05 | $143,699 |
11 | Billings Just For Kids | 2590 Holman Ave Ste B2, Billings, MT 59102-7440 | MT | 2010-04 | $105,329 |
12 | Cheers For Charity Inc | 8117 Preston Rd Ste 300, Dallas, TX 75225-6347 | TX | 2006-09 | $87,510 |
13 | Spruce Foundation Inc | Po Box 2377, Philadelphia, PA 19103 | PA | 2009-11 | $61,634 |
14 | 4-H Clubs & Affiliated 4-H Organizations, Woodbine 4-H Parents Association | 428 County Road 136, Gainesville, TX 76240-6978 | TX | 2001-12 | $0 |
15 | Abc Buyers Group | 1122 Colorado Street Suite 208, Austin, TX 78701 | TX | 2010-05 | $0 |
16 | Athletic Parents Booster Club | 15361 Oconto Dr, Austin, TX 78717 | TX | 2009-11 | $0 |
17 | Friends For Kids | Po Box 92777, Southlake, TX 76092 | TX | 2009-10 | $0 |
18 | Impact Tomorrow Inc | PO BOX 25576, Dallas, TX 75225-1576 | TX | 1999-03 | $0 |
19 | Little River Catfish Association | PO BOX 611, Little River, TX 76554-0611 | TX | 2007-01 | $0 |
20 | Rihn Family Foundation Inc | 13667 Bandera Rd, Helotes, TX 78023-3930 | TX | 2011-05 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 83 |
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