Panama Missions in Hope Hull, Alabama (AL)

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Panama Missions
Employer Identification Number (EIN)264296569
Name of OrganizationPanama Missions
In Care of NameLawrence Brady
AddressPO BOX 451, Hope Hull, AL 36043-0451
SubsectionCharitable Organization
Ruling Date02/2014
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 Period12/2014
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$18,186
Amount of Income$207,287
Form 990 Revenue Amount$207,287
National Taxonomy of Exempt Entities (NTEE)International, Foreign Affairs and National Security: International Relief


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Amount of income in 2014: $207,287 (it was $135,966 in 2013)
This organization: 

 $207,287
Other organizations performing similar types of work: 

 $70,787

Assets in 2014: $18,186 (it was $9,805 in 2013)
Panama Missions: 

 $18,186
Other organizations performing similar types of work: 

 $23,594

Expenses in 2013: $127,119
Panama Missions: 

 $127,119
Other organizations performing similar types of work: 

 $60,296

Income to expenses ratio in 2013: 1.6
Panama Missions: 

 1.6
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 0.9%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20092010201120122013
Total revenue$0$0$0$160,491$135,966
Contributions, gifts, grants, and similar amounts received$0$0$0$160,491$135,966
Program service revenue including government fees and contracts$0$0$0$0$0
Membership dues and assessments$0$0$0$0$0
Investment income$0$0$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0$0$0
Net income/loss from gaming and fundraising events$0$0$0$0$0
Gross profit/loss from sales of inventory$0$0$0$0$0
Other revenue$0$0$0$0$0
Total expenses$0$0$0$157,764$127,119
Total net assets$0$0$0$2,727$9,805
Excess/Deficit for the year$0$0$0$2,727$8,847
Net assets or fund balances at beginning of year$0$0$0$0$2,727
Other changes in net assets or fund balances$0$0$0$0$-1,769
Net assets or fund balances at end of year$0$0$0$2,727$9,805
Balance Sheets
20092010201120122013
Total assets$0$1$1$2,727$9,805
Total liabilities$0$0$0$0$0
Net assets or fund balances$0$0$0$2,727$9,805
Other Information
20092010201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNoNoNo
Amount of political expenditures, direct or indirect$0$0$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNoNoNo
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?NoNoNoNoNo
Total amount involved$0$0$0$0$0
Initiation fees and capital contributions$0$0$0$0$0
Gross receipts for public use of club facilities$0$0$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?NoNoNoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNoNoNo
Reason for Public Charity Status (for 2013)
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 2009 - 2013)
2009 - 2013 Total
Public Support$296,457
Subtotal Support$296,457
Gifts, grants, contributions, and membership fees received$296,457
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$296,457
Public Support$296,457
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
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.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Sozo Children International931 Portobello Road, Birmingham, AL 35242AL2012-06$1,156,142
2Ekubo Ministries, Christie Cotney2699 Arrowhead Rd, Alex City, AL 35010-7316AL2014-07$321,567
3Pioneer61 Inc11103 Lexington Dr, Duncanville, AL 35456-2211AL2015-03$314,280
4MedreachPO BOX 9875, Mobile, AL 36691-0875AL2009-12$301,508
5Disciple-Making Partners Inc, Disciple-Making Partners108 Woodview Cir, Chelsea, AL 35043-5552AL2012-08$282,554
6Mission Sending Service1626-B Florence Blvd, Florence, AL 35630AL2011-01$269,213
7Atlantis Educational Foundation Inc2101 Dorchester Dr, Mobile, AL 36695-2920AL2012-06$267,186
8Building Believers In Christ321 Ligon Springs Rd, Tuscumbia, AL 35674AL2012-12$209,672
9Reel Life Adventures Inc169 Oakmont Drive, Birmingham, AL 35244AL2009-09$207,313
10Panama MissionsPO BOX 451, Hope Hull, AL 36043-0451AL2014-02$207,287
11One By OnePo Box 1872, Daphne, AL 36526AL2013-08$180,281
12Hope Here International MinistriesPo Box 249, Webb, AL 36376AL2011-08$143,471
13Heart Of Christ Corazon De Cristo IncPO BOX 14431, Huntsville, AL 35815-0431AL2014-01$96,144
14Mobilization ResourcesPO BOX 36787, Birmingham, AL 35236-6787AL2014-08$82,037
15Great Commission - India Ministries1725 Easton Ct, Auburn, AL 36830-6680AL2015-01$74,100
16Kids Of Costa Rica Inc1780 Gadsden Highway, Birmingham, AL 35235AL2013-08$69,695
17Clean Water For The Children404 E Mckinney Ave, Albertville, AL 35950-1832AL2011-05$50,009
18Christ Outreach Ministries Inc5550 Hwy 81, Phil Campbell, AL 35581AL2010-10$46,200
19Surplus Equipment For Africa Inc1200 Beacon Pkwy E Apt 203, Birmingham, AL 35209-1025AL2007-02$27,200
20Pavilion Village Inc4445 Crescent Rd, Irondale, AL 35210-1768AL2009-08$18,706
Number of organizations performing similar types of work
Alaska19
Alabama91
Arkansas48
Arizona168
California1,472
Colorado264
Connecticut117
District of Columbia114
Delaware31
Florida791
Georgia373
Hawaii28
Iowa54
Idaho57
Illinois336
Indiana138
Kansas57
Kentucky76
Louisiana59
Massachusetts293
Maryland326
Maine29
Michigan220
Minnesota217
Missouri123
Mississippi28
Montana21
North Carolina272
North Dakota11
Nebraska38
New Hampshire30
New Jersey295
New Mexico35
Nevada47
New York784
Ohio227
Oklahoma87
Oregon163
Pennsylvania266
Rhode Island30
South Carolina76
South Dakota14
Tennessee171
Texas747
Utah97
Virginia330
Vermont29
Washington341
Wisconsin126
West Virginia19
Wyoming5
International53
Total9,843

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