Current Problems Inc in Gainesville, Florida (FL)
Table of contents:
| Current Problems Inc | |
| Employer Identification Number (EIN) | 593255550 |
| Name of Organization | Current Problems Inc |
| In Care of Name | I S Olson |
| Address | PO BOX 357098, Gainesville, FL 32635-7098 |
| Activities | Described in section 170(b)1)(a)(vi) of the Code, Preservation of natural resources (conservation), Combating or preventing pollution (air, water, etc) |
| Subsection | Educational Organization, Charitable Organization |
| Ruling Date | 04/1995 |
| 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 | 12/2014 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $39,570 |
| Amount of Income | $45,494 |
| Form 990 Revenue Amount | $45,494 |
| National Taxonomy of Exempt Entities (NTEE) | Environmental Quality, Protection and Beautification: Water Resource, Wetlands Conservation and Management |
Non-representatives - add comments:
Amount of income in 2014: $45,494 (it was $44,307 in 2013)
| This organization: | $45,494 |
| Other organizations performing similar types of work: | $171,601 |
Assets in 2014: $39,570 (it was $42,655 in 2013)
| This organization: | $39,570 |
| Other organizations performing similar types of work: | $266,624 |
Expenses in 2013: $44,905
| Current Problems Inc: | $44,905 |
| Other organizations performing similar types of work: | $167,602 |
Income to expenses ratio in 2013: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 84.6%
| Current Problems Inc: | 84.6% |
| Other organizations performing similar types of work: | 79.4% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $33,898 | $39,478 | $44,307 |
| Contributions, gifts, grants, and similar amounts received | $30,970 | $23,666 | $37,484 |
| Program service revenue including government fees and contracts | $100 | $350 | $3,861 |
| Membership dues and assessments | $975 | $1,024 | $2,960 |
| Investment income | $11 | $3 | $2 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $1,764 | $14,435 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $78 | $0 | $0 |
| Total expenses | $44,246 | $43,394 | $44,905 |
| Total net assets | $46,189 | $42,273 | $41,675 |
| Excess/Deficit for the year | $-10,348 | $-3,916 | $-598 |
| Net assets or fund balances at beginning of year | $56,537 | $46,189 | $42,273 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $42,273 | $41,675 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $48,171 | $43,064 | $42,655 |
| Total liabilities | $1,982 | $791 | $980 |
| Net assets or fund balances | $46,189 | $42,273 | $41,675 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| 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? | No | No | |
| 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? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| 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 supported | 0 |
| 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 | $187,191 |
| Subtotal Support | $187,191 |
| Gifts, grants, contributions, and membership fees received | $187,191 |
| 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 | $0 |
| Total Support | $187,318 |
| Public Support | $187,191 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $127 |
| 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. | $40,166 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Coral Reef Alliance | 1330 Broadway Ste 1602, Oakland, CA 94612-2515 | CA | 1994-12 | $4,210,305 |
| 2 | Williamsburg Land Conservancy | 5000 New Point Rd Ste 3101, Williamsburg, VA 23188-9423 | VA | 1991-03 | $3,893,050 |
| 3 | Smith River Alliance Inc | PO BOX 2129, Crescent City, CA 95531-6129 | CA | 1980-04 | $3,389,880 |
| 4 | The San Elijo Lagoon Conservancy | PO BOX 230634, Encinitas, CA 92023-0634 | CA | 1993-08 | $3,018,023 |
| 5 | Restore Americas Estuaries | 2300 Clarendon Blvd Ste 603, Arlington, VA 22201-3392 | VA | 2000-06 | $2,824,237 |
| 6 | Squam Lakes Conservation Society | PO BOX 696, Holderness, NH 03245-0696 | NH | 1988-01 | $2,338,040 |
| 7 | South Carolina Waterfowl Association | 9833 Old River Rd, Pinewood, SC 29125-9684 | SC | 1988-12 | $2,046,752 |
| 8 | Turpentine Creek Foundation Inc | 239 Turpentine Creek Ln, Eureka Spgs, AR 72632-9185 | AR | 1994-09 | $1,908,497 |
| 9 | Tip Of The Mitt Watershed Council | 426 Bay St, Petoskey, MI 49770-2428 | MI | 1982-05 | $1,706,638 |
| 10 | The Coalition To Restore Coastal Louisiana | 6160 Perkins Rd Ste 225, Baton Rouge, LA 70808-4191 | LA | 1988-10 | $1,703,456 |
| 11 | Southwest Wetlands Interpretive Association | PO BOX 575, Imperial Bch, CA 91933-0575 | CA | 1981-05 | $1,416,564 |
| 12 | Friends Of Macarthur Beach State Park Inc | 10900 State Road 703, North Palm Beach, FL 33408-3440 | FL | 1991-09 | $1,009,339 |
| 13 | Florida Water Environment Association Inc | PO BOX 782164, Orlando, FL 32878-2164 | FL | 1990-11 | $633,690 |
| 14 | Reef Relief Inc | PO BOX 430, Key West, FL 33041-0430 | FL | 1988-08 | $220,322 |
| 15 | Foundation For Montana Trout | 11066 Matlacha Ave, Matlacha, FL 33993-9774 | FL | 1977-05 | $135,154 |
| 16 | Friends Of The Loxahatchee River Inc | 2500 Jupiter Park Dr, Jupiter, FL 33458-8964 | FL | 1995-05 | $107,948 |
| 17 | Current Problems Inc | PO BOX 357098, Gainesville, FL 32635-7098 | FL | 1995-04 | $45,494 |
| 18 | Suwannee River Resource Conservation & Development Council | PO BOX 1377, Live Oak, FL 32064-1377 | FL | 1993-10 | $18,798 |
| 19 | Ruidoso River Association Inc | 3514 Amelia Ave, The Villages, FL 32162 | FL | 1997-07 | $5,065 |
| 20 | Plunge Against The Grunge Inc | 824 N Lakeside Dr, Lake Worth, FL 33460-2708 | FL | 2001-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 360 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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