Antioch Business Development Corporation in Redmond, Washington (WA)

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Antioch Business Development Corporation
Employer Identification Number (EIN)200303588
Name of OrganizationAntioch Business Development Corporation
In Care of NameSIMON SHOUBRIDGE
Address15135 Ne 92nd Street, Redmond, WA 98052
Websitehttp://WWW.ABCHURCH.ORG/BUSINESS/AFFILIATION.HTML
SubsectionCharitable Organization, Educational Organization
Ruling Date09/2005
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2007
Assets$100,000 to $499,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$183,627
Amount of Income$18,992
Form 990 Revenue Amount$18,992


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Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$18,992
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$18,992
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$174,402
Total net assets$147,427
Excess/Deficit for the year$-155,410
Net assets or fund balances at beginning of year$302,837
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$147,427
Balance Sheets
201220132014
Total assets$370,775$339,037$183,627
Total liabilities$36,200$36,200$36,200
Net assets or fund balances$147,427
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?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
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$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
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
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 supported0
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$32,043
Subtotal Support$266,809
Gifts, grants, contributions, and membership fees received$266,809
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$234,766
Total Support$380,853
Public Support$266,809
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$111,793
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$2,251
Gross receipts from related activities, etc.$0
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