New Blankets Inc in La Jolla, California (CA)

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New Blankets Inc
Employer Identification Number (EIN)830513879
Name of OrganizationNew Blankets Inc
Address8520 Via Mallorca Unit D, La Jolla, CA 92037-2507
SubsectionEducational Organization
Ruling Date11/2009
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 Period12/2013
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1,490
Amount of Income$7,808
Form 990 Revenue Amount$7,808
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Libraries


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Amount of income in 2013: $7,808 (it was $6,306 in 2012)
New Blankets Inc: 

 $7,808
Other organizations performing similar types of work: 

 $84,385

Assets in 2013: $1,490 (it was $5,478 in 2012)
New Blankets Inc: 

 $1,490
Other organizations performing similar types of work: 

 $188,533

Expenses in 2013: $11,796
New Blankets Inc: 

 $11,796
Other organizations performing similar types of work: 

 $59,444

Income to expenses ratio in 2013: 0.7
New Blankets Inc: 

 0.7
Other organizations performing similar types of work: 

 1.3

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

 100.0%
Other organizations performing similar types of work: 

 -1.$%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$5,100$6,306$7,808
Contributions, gifts, grants, and similar amounts received$5,100$6,306$7,808
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$2,786$11,664$11,796
Total net assets$3,836$-1,522$-5,510
Excess/Deficit for the year$2,314$-5,358$-3,988
Net assets or fund balances at beginning of year$1,522$3,836$-1,522
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$-1,522$-5,510
Balance Sheets
201120122013
Total assets$3,836$5,478$1,490
Total liabilities$0$7,000$7,000
Net assets or fund balances$3,836$-1,522$-5,510
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
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?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$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?NoNo
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 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$25,199
Subtotal$25,199
Gifts, grants, contributions, and membership fees received$25,199
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$0
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$25,199
Public support$25,199
Subtotal$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
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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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1The@digital Distributed Community Archive557 Escondido Mall No 101, Stanford, CA 94305-6001CA2009-09$1,293,161
2Lybba Inc1880 Century Park East Suite 1600, Los Angeles, CA 90067CA2008-12$808,415
3San Francisco Center For The Book375 Rhode Island St, San Francisco, CA 94103-5133CA1997-01$685,316
4Friends Of The Madera County Library121 North G St, Madera, CA 93637CA2014-04$506,103
5The Early Manuscripts Electronic Library, Emel1445 Brett Place, San Pedro, CA 90732-5110CA2006-04$481,350
6Zhaoyu Cultural Foundation4600 El Camino Real Suite 203/205, Los Altos, CA 94022-1374CA2005-04$196,280
7Sierra Nevada Community Health Plan900 E Main St Ste 301, Grass Valley, CA 95945-5853CA2006-04$162,323
8Friends Of The Mount Shasta Branch Library Inc515 E Alma Street, Mount Shasta, CA 96067CA2004-05$148,482
9Science Of Mind Archives And Library Foundation4910 Campus Dr, Newport Beach, CA 92660-2119CA2007-11$110,983
10South County Family Educational And Cultural CenterPO BOX 1117, Grover Beach, CA 93483-1117CA2001-03$102,251
11The Book Truck Inc14525 Weddington St, Sherman Oaks, CA 91411CA2012-01$84,385
12Sacramento Federal Judicial Library And Learning Center Foundation455 Capitol Mall Suite 600, Sacramento, CA 95814CA2013-08$69,850
13The Sausalito Library Foundation420 Litho St, Sausalito, CA 94965-1933CA2006-06$32,554
14New Blankets Inc8520 Via Mallorca Unit D, La Jolla, CA 92037-2507CA2009-11$7,808
15Friends Of Biblioteca De Vallarta928 15th Street, Modesto, CA 95354CA1997-10$2,125
16Friends Of The Penryn LibraryPO BOX 405, Penryn, CA 95663CA2010-02$1,301
17Friends Of The Compton Library240 W Compton Blvd, Compton, CA 90220-3109CA2013-05$860
18Middle Passage Research GroupPO BOX 90392, Los Angeles, CA 90009-0392CA2008-02$216
19Academic Film Archive Of North America245 South 15th Street, San Jose, CA 95112CA2001-09$0
20Alpine County Friends Of The LibraryPo Box 187, Markleeville, CA 96120CA1994-11$0
Number of organizations performing similar types of work
Alaska13
Alabama17
Arkansas18
Arizona18
California141
Colorado21
Connecticut27
District of Columbia11
Delaware4
Florida53
Georgia37
Hawaii2
Iowa37
Idaho15
Illinois35
Indiana34
Kansas23
Kentucky18
Louisiana8
Massachusetts57
Maryland25
Maine46
Michigan50
Minnesota37
Missouri37
Mississippi5
Montana13
North Carolina37
North Dakota2
Nebraska19
New Hampshire21
New Jersey49
New Mexico23
Nevada7
New York184
Ohio48
Oklahoma23
Oregon28
Pennsylvania109
Rhode Island7
South Carolina15
South Dakota6
Tennessee32
Texas124
Utah6
Virginia46
Vermont17
Washington36
Wisconsin43
West Virginia10
Wyoming2
International5
Total1,701

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