Summit In Honduras Inc in Breckenridge, Colorado (CO)

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Summit In Honduras Inc
Employer Identification Number (EIN)300496771
Name of OrganizationSummit In Honduras Inc
In Care of NameMargaret Ducayet
AddressPO BOX 2977, Breckenridge, CO 80424-2977
SubsectionCharitable Organization
Ruling Date02/2009
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$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$71,805
Amount of Income$63,899
Form 990 Revenue Amount$62,407
National Taxonomy of Exempt Entities (NTEE)International, Foreign Affairs and National Security: International Relief


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Amount of income in 2013: $63,899 (it was $94,906 in 2012)
Summit In Honduras Inc: 

 $63,899
Other organizations performing similar types of work: 

 $70,787

Assets in 2013: $71,805 (it was $91,471 in 2012)
This organization: 

 $71,805
Other organizations performing similar types of work: 

 $23,594

Expenses in 2013: $82,053
Summit In Honduras Inc: 

 $82,053
Other organizations performing similar types of work: 

 $60,296

Income to expenses ratio in 2013: 0.8
This organization: 

 0.8
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 84.6%
This organization: 

 84.6%
Other organizations performing similar types of work: 

 0.9%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$69,017$85,637$62,407
Contributions, gifts, grants, and similar amounts received$54,785$68,506$52,805
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$72$148
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$7,322$12,684$7,326
Gross income from gaming$0$0$0
Gross income from fundraising events$12,439$18,254$7,326
Less: direct expenses from gaming and fundraising events$5,117$5,570$0
Gross profit/loss from sales of inventory$6,860$4,375$2,128
Gross sales of inventory, less returns and allowances$12,381$8,074$3,620
Less: cost of goods sold$5,521$3,699$1,492
Other revenue$0$0$0
Total expenses$63,714$67,200$82,053
Total net assets$73,014$91,451$71,805
Excess/Deficit for the year$5,303$18,437$-19,646
Net assets or fund balances at beginning of year$67,711$73,014$91,451
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$91,451$71,805
Balance Sheets
201120122013
Total assets$73,029$91,471$71,805
Total liabilities$15$20$0
Net assets or fund balances$73,014$91,451$71,805
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 a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$214,799
Subtotal Support$248,731
Gifts, grants, contributions, and membership fees received$248,731
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
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$33,932
Total Support$249,123
Public Support$248,731
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$392
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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2Hope Haven Charitable Trust2417 N Perry Park Rd, Sedalia, CO 80135-8504CO2012-02$1,058,292
3Emmanuel Global Network Usa12999 E Adam Aircraft Circle Suite 275, Englewood, CO 80112CO2008-11$607,430
4Viva Network North America330 Wcr 16 1/2, Longmont, CO 80504-9467CO2000-09$600,084
5Faith Alive Usa Inc387 Pilgrim Dr, Edwards, CO 81632-8003CO2013-12$544,751
6Elephant Energy Inc2028 Meade Street, Denver, CO 80211CO2009-03$402,015
7Latin American Christian Education Services Inc, Escuela Integrada1707 88th Avenue Ct, Greeley, CO 80634-4691CO2014-03$392,687
84 D MinistriesPO BOX 120, Monument, CO 80132-0120CO2012-01$392,237
9Shadhika Project Inc3253 Vallejo St, Denver, CO 80211-3436CO2002-04$356,480
10Engineers Without Borders- International1031 33rd St Ste 210, Denver, CO 80205-2767CO2012-09$294,560
11Her Many Voices Foundation2700 Canyon Boulevard, Boulder, CO 80302-6705CO2014-07$277,451
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13Corazon De Esperanza Inc80 Springfield Street Po Box 4354, Gypsum, CO 81637CO2010-11$187,886
14Trampled Rose IncPO BOX 50409, Colorado Springs, CO 80949CO2005-03$170,906
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16Kapoks855 Timber Lane, Boulder, CO 80304CO2011-09$168,365
17Papua New Guinea Tribal Foundation10807 New Allegiance Dr Suite 240, Colorado Springs, CO 80921CO2012-04$159,450
18Blue Dragon Childrens Foundation Usa9637 W Brittany Ave, Littleton, CO 80123-3405CO2015-03$150,501
19Its Not Ok Inc13842 Fox Ridge Dr, Broomfield, CO 80020-6183CO2013-03$137,507
20Invictus Initiative, The Invictus Initiative9571 W 14th Ave, Lakewood, CO 80215CO2013-02$126,541
Number of organizations performing similar types of work
Alaska19
Alabama91
Arkansas48
Arizona168
California1,472
Colorado264
Connecticut117
District of Columbia114
Delaware31
Florida791
Georgia373
Hawaii28
Iowa54
Idaho57
Illinois336
Indiana138
Kansas57
Kentucky76
Louisiana59
Massachusetts293
Maryland326
Maine29
Michigan220
Minnesota217
Missouri123
Mississippi28
Montana21
North Carolina272
North Dakota11
Nebraska38
New Hampshire30
New Jersey295
New Mexico35
Nevada47
New York784
Ohio227
Oklahoma87
Oregon163
Pennsylvania266
Rhode Island30
South Carolina76
South Dakota14
Tennessee171
Texas747
Utah97
Virginia330
Vermont29
Washington341
Wisconsin126
West Virginia19
Wyoming5
International53
Total9,843

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