Gems Of Hope Inc in Cedar Rapids, Iowa (IA)
Table of contents:
| Gems Of Hope Inc | |
| Employer Identification Number (EIN) | 203155610 |
| Name of Organization | Gems Of Hope Inc |
| In Care of Name | Beth Hammell |
| Address | 420 6th St Se Ste 140, Cedar Rapids, IA 52401-1906 |
| Subsection | Charitable Organization |
| Ruling Date | 12/2005 |
| 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 | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $244,811 |
| Amount of Income | $56,254 |
| Form 990 Revenue Amount | $41,974 |
| National Taxonomy of Exempt Entities (NTEE) | Diseases, Disorders, Medical Disciplines: Cancer |
Non-representatives - add comments:
Amount of income in 2013: $56,254 (it was $41,585 in 2012)
| This organization: | $56,254 |
| Other organizations performing similar types of work: | $65,658 |
Assets in 2013: $244,811 (it was $237,305 in 2012)
| This organization: | $244,811 |
| Other organizations performing similar types of work: | $40,980 |
Expenses in 2013: $35,485
| This organization: | $35,485 |
| Other organizations performing similar types of work: | $48,329 |
Income to expenses ratio in 2013: 1.6
| This organization: | 1.6 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 61.9%
| Gems Of Hope Inc: | 61.9% |
| Other organizations performing similar types of work: | 74.3% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $33,395 | $72,418 | $41,585 | $41,974 |
| Contributions, gifts, grants, and similar amounts received | $28,392 | $66,728 | $20,864 | $25,985 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $1,879 | $2,763 | $3,196 | $3,167 |
| Gain/Loss from sale of assets other than inventory | $-184 | $12 | $218 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $14,623 | $10,929 |
| Gross income from gaming | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $0 | $0 | $23,102 | $24,806 |
| Less: direct expenses from gaming and fundraising events | $0 | $0 | $8,479 | $13,877 |
| Gross profit/loss from sales of inventory | $3,308 | $2,915 | $2,684 | $1,893 |
| Gross sales of inventory, less returns and allowances | $4,460 | $3,746 | $3,250 | $2,296 |
| Less: cost of goods sold | $1,152 | $831 | $566 | $403 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $15,987 | $26,000 | $19,553 | $35,485 |
| Total net assets | $168,732 | $215,042 | $237,306 | $244,277 |
| Excess/Deficit for the year | $17,408 | $46,418 | $22,032 | $6,489 |
| Net assets or fund balances at beginning of year | $150,734 | $168,732 | $215,042 | $237,306 |
| Other changes in net assets or fund balances | $590 | $-108 | $232 | $482 |
| Net assets or fund balances at end of year | $215,042 | $237,306 | $244,277 | |
| Balance Sheets | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $168,732 | $215,042 | $237,305 | $244,811 |
| Total liabilities | $0 | $0 | $0 | $534 |
| Net assets or fund balances | $168,732 | $215,042 | $237,306 | $244,277 |
| Other Information | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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 | No | |
| Total amount involved | $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? | No | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | 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 | $170,769 |
| Subtotal Support | $170,769 |
| Gifts, grants, contributions, and membership fees received | $170,769 |
| 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 | $249,052 |
| Public Support | $170,769 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $12,543 |
| 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 | $65,740 |
| Gross receipts from related activities, etc. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
| Disabled American Veterans, Disabled American Veterans Chapter 20 - Des Moines Ia in Des Moines, IA |
Pink Tractor Foundation in St Charles, IA
 |
| Mid Iowa Foster Grandparent Program in Boone, IA |
Furry Friends Refuge in Urbandale, IA
 |
|
Endure Iowa Inc in Johnston, IA
|
|
Boone Community Theatre in Boone, IA
|
|
Missouri River Boat Club in Sioux City, IA
|
| Teens Of Tomorrow Inc in Council Blfs, IA |
|
Midwest Pets For Life in Clinton, IA
|
|
Raised At Full Draw in Winterset, IA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | World Lung Foundation Inc | 61 Broadway Rm 2800, New York, NY 10006-2819 | NY | 2005-10 | $53,043,738 |
| 2 | Breast Cancer Charities Of America | PO BOX 132962, The Woodlands, TX 77393-2962 | TX | 2009-06 | $21,480,799 |
| 3 | Unavco Inc | 6350 Nautilus Dr, Boulder, CO 80301-5394 | CO | 2002-07 | $20,520,530 |
| 4 | Walker Cancer Research Institute Inc | 18 N Law St, Aberdeen, MD 21001-2443 | MD | 2001-07 | $9,891,416 |
| 5 | Upmc-St Clair Hospital Cancer Center | 600 Grant St Fl 58, Pittsburgh, PA 15219-2739 | PA | 2014-06 | $6,561,745 |
| 6 | Iowa Consortium For Comprehensive Cancer Control, Iowa Cancer Consortium | 100 Oakdale Boulevard Suite N319 Oakdale Hall, Iowa City, IA 52242 | IA | 2009-07 | $672,945 |
| 7 | Sacred Sun Ministries | 2581 Glasgow Road, Fairfield, IA 52556 | IA | 2001-02 | $93,745 |
| 8 | Gems Of Hope Inc | 420 6th St Se Ste 140, Cedar Rapids, IA 52401-1906 | IA | 2005-12 | $56,254 |
| 9 | Infinite Journey Foundation | 2501 R Ave, Clarinda, IA 51632-4589 | IA | 2014-08 | $1,090 |
| 10 | Cedar Valley Cancer Committee, Cedar Valley Cancer Committee Beyond Pinkteam | 4756 Charolois Dr, Waterloo, IA 50701 | IA | 2001-03 | $0 |
| 11 | Covers Of Comfort | 2486 Merfeld Ln, Dubuque, IA 52001 | IA | 2010-07 | $0 |
| 12 | Gregs Mission | 1471 Palisades Dr, Coralville, IA 52241 | IA | 2012-11 | $0 |
| 13 | Hope Angels Inc | 44164 165th St, Remsen, IA 51050 | IA | 2010-02 | $0 |
| 14 | Hope For Brad | 332 - 1st Street Se, Britt, IA 50423 | IA | 2013-08 | $0 |
| 15 | I Know Jack Foundation Inc | 2655 Long Bluff Rd Ne, Cedar Rapids, IA 52402-3379 | IA | 2015-02 | $0 |
| 16 | Miles For Monte Als Outreach | 327 Main St - Box 206, Plainfield, IA 50666-9602 | IA | 2002-03 | $0 |
| 17 | Pieathlon Inc | 6249 Country Ridge Lane, Johnston, IA 50131 | IA | 2008-03 | $0 |
| 18 | Pink Pajama Party | 29329 172nd Ave, Long Grove, IA 52756 | IA | 2014-12 | $0 |
| 19 | Pink Ribbon Support Group | 1963 Vance Ave, Marshalltown, IA 50158-9029 | IA | 2000-11 | $0 |
| 20 | Random Acts Of Kindness Inc | 509 Nw Valley View Drive, Grines, IA 50111 | IA | 2008-02 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,888 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Gems Of Hope Inc »
Non-representatives - add comments about Gems Of Hope Inc»