Nothing To Lose Foundation Inc in Scottsdale, Arizona (AZ)

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Nothing To Lose Foundation Inc
Employer Identification Number (EIN)454359340
Name of OrganizationNothing To Lose Foundation Inc
In Care of NameJohn Loewen
Address4939 E Poinsettia Dr, Scottsdale, AZ 85254
SubsectionCharitable Organization
Ruling Date04/2012
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$2,245
Amount of Income$24,722
Form 990 Revenue Amount$24,722
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose

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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$24,722
Contributions, gifts, grants, and similar amounts received$24,722
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$30,202
Total net assets$2,245
Deficit for the year$-5,480
Net assets or fund balances at beginning of year$7,725
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$2,245
Total liabilities$0
Net assets or fund balances$2,245
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$24,722
Gifts, grants, contributions, and membership fees received$24,722
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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