Glendale Hispanic Business & Professional Association in Verdugo City, California (CA)
| Glendale Hispanic Business & Professional Association |
| Employer Identification Number (EIN) | 954306673 |
| Name of Organization | Glendale Hispanic Business & Professional Association |
| Address | PO BOX 806, Verdugo City, CA 91046-0806 |
| Activities | Fraternal Beneficiary society, order, or association |
| Subsection | Educational Organization |
| Ruling Date | 10/2014 |
| 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 | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $2,163 |
| Amount of Income | $26,095 |
| Form 990 Revenue Amount | $18,030 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: |
Amount of income in 2013: $26,095 (it was $31,321 in 2012)
| Glendale Hispanic Business & Professional Association: | $26,095 |
| Other organizations performing similar types of work: | $26,095 |
Assets in 2013: $2,163 (it was $6,053 in 2012)
| This organization: | $2,163 |
| Other organizations performing similar types of work: | $2,163 |
Expenses in 2012: $23,871
| This organization: | $23,871 |
| Other organizations performing similar types of work: | $23,871 |
Income to expenses ratio in 2012: 1.1
| Glendale Hispanic Business & Professional Association: | 1.1 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2012: 44.3%
| Glendale Hispanic Business & Professional Association: | 44.3% |
| Other organizations performing similar types of work: | 44.3% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012) |
| Total revenue | $21,163 |
| Contributions, gifts, grants, and similar amounts received | $9,380 |
| Program service revenue including government fees and contracts | $0 |
| Membership dues and assessments | $1,200 |
| Investment income | $51 |
| Gain from sale of assets other than inventory | $0 |
| Net income from gaming and fundraising events | $10,532 |
| Gross income from gaming | $0 |
| Gross income from fundraising events | $20,690 |
| Less: direct expenses from gaming and fundraising events | $10,158 |
| Gross profit from sales of inventory | $0 |
| Other revenue | $0 |
| Total expenses | $23,871 |
| Total net assets | $6,053 |
| Deficit for the year | $-2,708 |
| Net assets or fund balances at beginning of year | $8,761 |
| Other changes in net assets or fund balances | $0 |
| Balance Sheets (for 2012) |
| Total assets | $6,053 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,053 |
| Reason for Public Charity Status (for 2012) |
| The organization is not a private foundation because it is: | Not provided |
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| Organizations performing similar types of work |
| Id | Name | Address | State | Established | Total Income |
|---|
| 1 | Glendale Hispanic Business & Professional Association | PO BOX 806, Verdugo City, CA 91046-0806 | CA | 2014-10 | $26,095 |
| 2 | Drummond Senior Citizens Center | Po Box 287, Drummond, MT 59832 | MT | 2002-09 | $0 |
| Number of organizations performing similar types of work |
| |
| Total | 2 |
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