Verity Institute in Irvine, California (CA)

Organization representatives - add corrected or new information about Verity Institute »

Non-representatives - add comments about Verity Institute»

Verity Institute
Employer Identification Number (EIN)330592138
Name of OrganizationVerity Institute
In Care of NameJames Alexiou
Address5636 Southall Ter, Irvine, CA 92603-3516
ActivitiesStudy and research (non scientific)
SubsectionEducational Organization
Ruling Date03/1995
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$8,587
Amount of Income$394
Form 990 Revenue Amount$526
National Taxonomy of Exempt Entities (NTEE)Social Science Research Institutes, Services: Social Science Institutes, Services


Non-representatives - add comments:


CAPTCHA

Your IP address 18.207.161.212 will be logged.

Amount of income in 2012: $394 (it was $526 in 2011)
This organization: 

 $394
Other organizations performing similar types of work: 

 $185,697

Assets in 2012: $8,587 (it was $9,247 in 2011)
This organization: 

 $8,587
Other organizations performing similar types of work: 

 $247,235

Expenses in 2012: $1,055
Verity Institute: 

 $1,055
Other organizations performing similar types of work: 

 $315,026

Income to expenses ratio in 2012: 0.4
This organization: 

 0.4
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 37.8%

Financial snapshot ($)

Revenue for 2012

Expenses for 2012

Assets for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$394$394$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$393
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Other$1
Total expenses and disbursements$1,055$55$0$1,055
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$55$55$55
Contributions, gifts, grants paid$1,000
Excess of revenue over expenses and disbursements$-660
Net investment income$339
Adjusted net income$0
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$8,587$8,851
Cash - non-interest-bearing$3,632
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$4,955
Total liabilities$0
Total liabilities and net assets/fund balances$8,587
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income (for 2012)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$0
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$0
Overpayment$0
Amount to be credited to 2013 estimated tax$0
Statements Regarding Activities (for 2012)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2012)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$9,700
Net value of noncharitable-use assets$0
Minimum investment return$0
Distributable Amount (for 2012)
Distributable amount$0
Undistributed Income (for 2012)
Distributable amount for 2012$0
Undistributed income for 2012. This amount must be distributed in 2013$0
Private Operating Foundations (for 2012)
2012201120102009Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Verity Institute to others? (optional)
  
Add photo of Verity Institute (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Research For Action Inc100 S Broad St Ste 700, Philadelphia, PA 19110-1019PA1994-07$4,319,498
2Social Science Conferences Inc212b Vance St, Chapel Hill, NC 27516-2923NC1983-10$2,391,341
3Sagamore Institute Of The Adirondacks IncPO BOX 40, Raquette Lake, NY 13436-0040NY1974-10$1,426,405
4Southwestern Social Science Assoc, University Of Houston500 W University St, Shawnee, OK 74804-2522OK1985-08$329,985
5United Association For Studies And Research Inc, U A S R5029 Ste A Backlick Rd, Annandale, VA 22003VA1992-09$230,601
6Western Institute For Social Research2930 Shattuck Ave Ste 300, Berkeley, CA 94705-1883CA1975-06$203,272
7Center For The Study Of Democratic Institution, Inist23334 Mariano St, Woodland Hls, CA 91367-4139CA1981-07$202,933
8St Peters Syriac Orthodox Cathedral Inc9946 Haldeman Ave, Philadelphia, PA 19115-1601PA1996-03$185,697
9Zakat & Research Foundation2232 Stratford Av Suite 210, Cincinnati, OH 45219-1202OH1986-03$117,898
10Verna L And John R Hildebrand Foundation4570 E Yale Ave Apt 904, Denver, CO 80222-6554CO1997-04$87,817
11South Carolina Council For The Social StudiesPO BOX 11746, Columbia, SC 29211-1746SC1996-01$54,623
12Silvan S Tomkins InstitutePO BOX 667, Lewisburg, PA 17837-0667PA1992-03$20,202
13The Smacna Testing And Research Institute4201 Lafayette Center Dr, Chantilly, VA 20151-1209VA1996-02$9,500
14Institute For Gay And Lesbian Strategic Studies IncPO BOX 951476, Los Angeles, CA 90095-1476CA1994-09$8,745
15Los Angeles Chapter Intl Society, La-Ispi80 W Sierra Madre Blvd 151, Sierra Madre, CA 91024-2434CA1995-08$5,972
16David Suzuki Foundation Usa235 Montgomery St Suite 1120, San Francisco, CA 94104CA1994-10$2,372
17Verity Institute5636 Southall Ter, Irvine, CA 92603-3516CA1995-03$394
18Center For Advancement Of Public Policy323 Morning Sun Trail, Corrales, NM 87048NM1992-02$0
19Center For Health Economics Research IncPO BOX 12194, Rtp, NC 27709-2194NC1983-01$0
20Institute For River Research International20521 Nickie Ln, Saugus, CA 91350CA1994-12$0
Number of organizations performing similar types of work
Arkansas1
Arizona1
California7
Colorado2
District of Columbia2
Florida1
Georgia3
Hawaii1
Idaho1
Indiana1
Kansas1
Massachusetts2
Maryland6
Maine1
Michigan1
Minnesota1
Mississippi1
North Carolina4
New Mexico1
New York1
Ohio3
Oklahoma1
Oregon1
Pennsylvania6
South Carolina1
Texas2
Virginia3
Washington1
Total57

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Verity Institute and has no official or unofficial affiliation with Verity Institute