International Foundation Of Bio- Magnetics in Tucson, Arizona (AZ)

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International Foundation Of Bio- Magnetics
Employer Identification Number (EIN)860717217
Name of OrganizationInternational Foundation Of Bio- Magnetics
In Care of NamePaul Bucky
Address5634 E Pima St, Tucson, AZ 85712
Websitehttp://JustTouch.com
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Discussion groups, forums, panels lectures, etc.
SubsectionCharitable Organization
Ruling Date02/1993
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 Period2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$30,970
Amount of Income$39,683
Form 990 Revenue Amount$31,348


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Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20112013
Total revenue$27,411$31,348
Contributions, gifts, grants, and similar amounts received$19,652$23,445
Program service revenue including government fees and contracts$7,080$5,024
Membership dues and assessments$0$0
Investment income$14$9
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$665$2,870
Gross sales of inventory, less returns and allowances$8,133$11,205
Less: cost of goods sold$7,468$8,335
Other revenue$0$0
Total expenses$28,894$31,066
Total net assets$31,213$30,970
Excess/Deficit for the year$-1,483$282
Net assets or fund balances at beginning of year$32,696$30,688
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$30,970
Balance Sheets
20112013
Total assets$31,213$30,970
Total liabilities$0$0
Net assets or fund balances$31,213$30,970
Other Information
20112013
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 activitiesNoNo
Has the organization filed a Form 990-T for the year?No
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$0
Gross receipts for public use of club facilities$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
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
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 supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$194,354
Subtotal$194,354
Gifts, grants, contributions, and membership fees received$109,543
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$84,811
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$194,404
Public support$194,354
Subtotal$50
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$50
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
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All affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralInternational Foundation Of Bio- Magnetics5634 E Pima St, Tucson, AZ 85712AZ1993-02$39,683
SubordinateInternational Foundation Of Bio- Magnetics5634 E Pima St, Tucson, AZ 85712AZ1993-02$0
Number of affiliated organizations
Arizona2
Total2

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