David A Wood Evangelistic Assn Inc in Panama City, Florida (FL)

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David A Wood Evangelistic Assn Inc
Employer Identification Number (EIN)382555458
Name of OrganizationDavid A Wood Evangelistic Assn Inc
AddressPO BOX 1490, Panama City, FL 32402-1490
ActivitiesCommemorative event (centennial, festival, pageant, etc.)
SubsectionCharitable Organization
Ruling Date06/1985
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$500,000 to $999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$601,111
Amount of Income$633,977
Form 990 Revenue Amount$632,022
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Protestant

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Amount of income in 2013: $633,977 (it was $1,269,966 in 2012)
David A Wood Evangelistic Assn Inc: 

Other organizations performing similar types of work: 


Assets in 2013: $601,111 (it was $814,474 in 2012)
David A Wood Evangelistic Assn Inc: 

Other organizations performing similar types of work: 


Expenses in 2012: $713,697
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2012: 0.9
This organization: 

Other organizations performing similar types of work: 


Number of employees in 2012: 9
This organization: 

Other organizations performing similar types of work: 


Grants share in income in 2012: 61.4%
David A Wood Evangelistic Assn Inc: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$880,890
Contributions, Gifts, Grants and Other Similar Amounts$541,104
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,148
Income from investment of tax-exempt bond proceeds$0
Net rental income$10,500
Gross rents (Real / Personal)$10,500 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$10,500 / $0
Net gain from sales of assets other than inventory$248,901
Gross amount from sales of assets other than inventory (Securities / Other)$637,977 / $0
Less: cost or other basis and sales expenses (Securities / Other)$389,076 / $0
Gain or (loss) (Securities / Other)$248,901 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$79,237
Gross sales of inventory, less returns and allowances$79,237
Less: cost of goods sold$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$713,697
Compensation of current officers, directors, trustees, and key employees$183,751
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Balance Sheet (for 2012)
Total assets$814,474
Total liabilities$461,285
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$426,083
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$353,189
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$3,992,409
Gifts, grants, contributions, and membership fees received$3,599,571
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$392,838
Gross receipts from related activities, etc.$0
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Number of organizations performing similar types of work
District of Columbia14
North Carolina228
North Dakota4
New Hampshire4
New Jersey57
New Mexico23
New York144
Rhode Island8
South Carolina112
South Dakota3
West Virginia9

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