I Create Inc in Mclean, Virginia (VA)
Table of contents:
| I Create Inc | |
| Employer Identification Number (EIN) | 134127032 |
| Name of Organization | I Create Inc |
| Address | 8370 Greensboro Dr Apt 507, Mclean, VA 22102-3517 |
| Subsection | Educational Organization |
| Ruling Date | 10/2000 |
| 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 | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $262,917 |
| Amount of Income | $186,567 |
| Form 990 Revenue Amount | $186,567 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Vocational, Technical Schools |
Non-representatives - add comments:
Amount of income in 2014: $186,567 (it was $132,143 in 2013)
| This organization: | $186,567 |
| Other organizations performing similar types of work: | $180,438 |
Assets in 2014: $262,917 (it was $193,404 in 2013)
| This organization: | $262,917 |
| Other organizations performing similar types of work: | $100,732 |
Expenses in 2014: $117,055
| This organization: | $117,055 |
| Other organizations performing similar types of work: | $172,661 |
Income to expenses ratio in 2014: 1.6
| I Create Inc: | 1.6 |
| Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2014: 99.9%
| This organization: | 99.9% |
| Other organizations performing similar types of work: | 47.2% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $131,766 | $132,143 | $186,567 |
| Contributions, gifts, grants, and similar amounts received | $131,500 | $132,125 | $186,454 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $266 | $18 | $113 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| 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 | $108,008 | $121,757 | $117,055 |
| Total net assets | $183,018 | $193,404 | $262,917 |
| Excess/Deficit for the year | $23,758 | $10,386 | $69,512 |
| Net assets or fund balances at beginning of year | $159,260 | $183,018 | $193,405 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $193,404 | $262,917 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $183,018 | $193,404 | $262,917 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $183,018 | $193,404 | $262,917 |
| 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: (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 | $743,235 |
| Subtotal | $743,235 |
| Gifts, grants, contributions, and membership fees received | $743,235 |
| 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 | $743,728 |
| Public support | $743,235 |
| Subtotal | $493 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $493 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Cooper Trash Parkout Inc in Mclean, VA
 |
| Central Intelligence Retirees Association Cira in Mclean, VA |
Young Presidents Organization Inc, Ypo Northern Virginia Chapter Inc in Newport News, VA
 |
| Mountain Tails Animal Rescue in Dublin, VA |
|
The Mcclinton Foundation in Covington, VA
|
|
Virginia Beach Policemens Benevolent Association Inc in Virginia Bch, VA
|
| Charlotte County Farm Bureau in Charlotte C H, VA |
| Carol W Pruner Charitable Remainder Unitrust, Pruner Todd W & Carol W Pruner Ttee in Roanoke, VA |
|
Kempsville Volunteer Rescue Squad in Virginia Bch, VA
|
|
Dulles South Food Pantry in Dulles, VA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Virginia Technical Institute | 201 Ogden Rd, Altavista, VA 24517-1040 | VA | 2010-01 | $647,134 |
| 2 | Arcadia Leadership Academy Inc | PO BOX 1130, Buchanan, VA 24066-1130 | VA | 1999-10 | $558,211 |
| 3 | The Center For Emergency Medical & Safety Training Inc | 3619 High St, Portsmouth, VA 23707-2531 | VA | 2007-05 | $142,798 |
| 4 | Sheetmetal Workers International Association, Local Union 100 Norfolk Appr Prog | 5307 East Virginia Beach Blvd, Norfolk, VA 23502-3417 | VA | 2014-08 | $15,980 |
| 5 | 2nd Chance Movement Inc | 5104 Bickings Lane, Prince George, VA 23875 | VA | 2011-06 | $0 |
| 6 | Academy For Veteran Education And Training Incorporated | 1160 Jordan Springs Rd, Stephenson, VA 22656-2015 | VA | 2014-12 | $0 |
| 7 | Better Days Inc | 21449 Potomac View Rd, Sterling, VA 20164-3558 | VA | 2001-07 | $0 |
| 8 | Bowers University Of Crafts Inc | 7620 Whitepine Rd, Richmond, VA 23237 | VA | 2012-07 | $0 |
| 9 | Commonwealth Protection Institute | 4585 North 25th Road, Arlington, VA 22207 | VA | 2005-09 | $0 |
| 10 | Dominion Academy Inc | 835 Lee Ave Sw, Leesburg, VA 20175-3416 | VA | 1999-09 | $0 |
| 11 | Floyd County Public Schools Foundation Inc | 721 Baker St, Floyd, VA 24091-2343 | VA | 2008-09 | $0 |
| 12 | Floyd H Furr Foundation Inc | 9040 Mike Garcia Drive, Manassas, VA 20109 | VA | 2014-08 | $0 |
| 13 | Glass Industry Career Technologies Educational Foundation Inc, Gict Educational Foundation Inc | PO BOX 28711, Richmond, VA 23228-8711 | VA | 2000-03 | $0 |
| 14 | Motorsports For Education Inc | PO BOX 680, Occoquan, VA 22125-0680 | VA | 2001-10 | $0 |
| 15 | Norfolk School Of Judo Ju-Jitsu And Self Defense Inc | 2837 Sewells Point Road, Norfolk, VA 23518 | VA | 1999-04 | $0 |
| 16 | Outreach Vocational Training Center Inc | 80 Edgewater Dr, Moneta, VA 24121-6225 | VA | 2007-09 | $0 |
| 17 | Park Place Academy | PO BOX 6331, Norfolk, VA 23508-0331 | VA | 1994-12 | $0 |
| 18 | School Of The Five-Fold Ministry Incorporated | 5505 Raleigh Rd, Henrico, VA 23231 | VA | 2011-06 | $0 |
| 19 | Southern Association For Individuals With Disabilities | 635 Main St, Danville, VA 24541 | VA | 2005-07 | $0 |
| 20 | Uc Barber Academy Inc | 810 High St, Portsmouth, VA 23704-3334 | VA | 2010-10 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about I Create Inc »
Non-representatives - add comments about I Create Inc»