Womens Association Of Venture & Equity Inc in Newtown, Connecticut (CT)

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Womens Association Of Venture & Equity Inc
Employer Identification Number (EIN)200554856
Name of OrganizationWomens Association Of Venture & Equity Inc
In Care of NameAcem
Address10 Winton Farm Rd, Newtown, CT 06470-2653
SubsectionBusiness League
Ruling Date07/2014
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
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$72,747
Amount of Income$68,000
Form 990 Revenue Amount$68,000
National Taxonomy of Exempt Entities (NTEE)Mutual/Membership Benefit Organizations, Other: Professional Societies, Associations


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Amount of income in 2013: $68,000 (it was $89,059 in 2010)
This organization: 

 $68,000
Other organizations performing similar types of work: 

 $56,865

Assets in 2013: $72,747 (it was $75,408 in 2010)
This organization: 

 $72,747
Other organizations performing similar types of work: 

 $32,678

Expenses in 2013: $72,827
Womens Association Of Venture & Equity Inc: 

 $72,827
Other organizations performing similar types of work: 

 $50,762

Income to expenses ratio in 2013: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.3

Grants share in income in 2013: 66.7%
Womens Association Of Venture & Equity Inc: 

 66.7%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2008200920102013
Total revenue$93,652$59,340$89,059$68,000
Contributions, gifts, grants, and similar amounts received$48,500$30,000$58,294$45,355
Program service revenue including government fees and contracts$32,872$21,820$18,415$16,045
Membership dues and assessments$12,280$7,000$11,800$6,600
Investment income$0$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0$0
Net income/loss from gaming and fundraising events$0$520$550$0
Gross profit/loss from sales of inventory$0$0$0$0
Other revenue$0$0$0$0
Total expenses$79,522$83,661$64,633$72,827
Total net assets$75,304$50,983$75,322$71,167
Excess/Deficit for the year$14,130$-24,321$24,425$-4,827
Net assets or fund balances at beginning of year$61,174$75,304$50,983$75,994
Other changes in net assets or fund balances$0$0$-86$0
Net assets or fund balances at end of year$75,304$50,983$75,322$71,167
Balance Sheets
2008200920102013
Total assets$75,304$50,983$75,408$72,747
Total liabilities$0$0$0$1,580
Net assets or fund balances$75,304$50,983$75,322$71,167
Other Information
2008200920102013
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNoNo
Amount of political expenditures, direct or indirect$0$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNoNo
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?NoNoNoNo
Total amount involved$0$0$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$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?NoNoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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1League Of Southeastern Credit Unions22 Inverness Parkway 200, Birmingham, AL 35242AL2009-06$4,662,516
2Spark Institute Inc, Apark9 Phelps Ln, Simsbury, CT 06070-2215CT2012-11$2,012,720
3Us Angola Chamber Of Commerce1100 17th St Nw Ste 1000, Washington, DC 20036-4637DC2014-08$1,125,025
4Soy Aquaculture Alliance Inc5730 W 74th St, Indianapolis, IN 46278-1754IN2013-02$1,026,193
5Afge Local 383PO BOX 34296, Washington, DC 20043-4296DC2015-02$912,912
6National Equipment Finance Association IncPO BOX 69, Northbrook, IL 60065-0069IL2010-06$554,883
7Retail Gift Card Association750 National Press Bldg 529 14th Nw, Washington, DC 20045DC2013-02$432,894
8Historic District Business Association Inc311 Church St, Natchitoches, LA 71457-4612LA2011-09$406,326
9Sierra Nevada Association Of Realtors Inc300 S Curry St Ste 3, Carson City, NV 89703-4669NV2007-09$399,948
10San Bernardino County Probation Officers Association, Sbcpoa4370 Hallmark Pkwy Ste 105, Sn Bernrdno, CA 92407-1848CA2014-08$350,869
11Towing Vessel Inspection Bureau1819 Clarkson Rd Ste 202, Chesterfield, MO 63017-5071MO2014-09$341,675
12Treaty Policy Working Group Inc1201 W Peachtree St, Atlanta, GA 30309-3449GA2006-12$299,920
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16Womens Association Of Venture & Equity Inc10 Winton Farm Rd, Newtown, CT 06470-2653CT2014-07$68,000
17Connecticut Cemetery Association280 Derby Ave, West Haven, CT 06516-1046CT2007-03$23,726
18American Institute Of Building Design Connecticut Society25 Meadow Rd, Windsor, CT 06095CT2014-06$0
19Connecticut Fire Department Instructors Association Inc1 Fischer Road, Hartford, CT 06120CT2008-04$0
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Number of organizations performing similar types of work
Alaska2
Alabama7
Arkansas5
Arizona7
California50
Colorado6
Connecticut6
District of Columbia13
Delaware2
Florida17
Georgia15
Hawaii2
Iowa10
Idaho7
Illinois15
Indiana15
Kansas4
Kentucky5
Louisiana4
Massachusetts10
Maryland10
Maine2
Michigan23
Minnesota10
Missouri15
Mississippi3
Montana3
North Carolina13
North Dakota2
Nebraska3
New Hampshire1
New Jersey10
New Mexico2
Nevada5
New York27
Ohio14
Oklahoma6
Oregon10
Pennsylvania26
South Carolina2
South Dakota1
Tennessee8
Texas31
Utah6
Virginia7
Vermont1
Washington16
Wisconsin5
West Virginia4
Wyoming3
International2
Total473

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