Specs Inc in Davenport, Iowa (IA)
Table of contents:
| Specs Inc | |
| Employer Identification Number (EIN) | 460762298 |
| Name of Organization | Specs Inc |
| In Care of Name | Meredith Rausch |
| Address | 1850 E 54th St, Davenport, IA 52807-2763 |
| Subsection | Charitable Organization |
| Ruling Date | 10/2012 |
| 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 | $1 to $9,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $9,853 |
| Amount of Income | $19,922 |
| Form 990 Revenue Amount | $19,922 |
| National Taxonomy of Exempt Entities (NTEE) | Crime, Legal-Related: Spouse Abuse, Prevention of |
Non-representatives - add comments:
Amount of income in 2013: $19,922 (it was $1,361 in 2012)
| Specs Inc: | $19,922 |
| Other organizations performing similar types of work: | $58,555 |
Assets in 2013: $9,853 (it was $733 in 2012)
| This organization: | $9,853 |
| Other organizations performing similar types of work: | $24,550 |
Expenses in 2013: $6,551
| Specs Inc: | $6,551 |
| Other organizations performing similar types of work: | $77,523 |
Income to expenses ratio in 2013: 3.0
| This organization: | 3.0 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 100.0%
| Specs Inc: | 100.0% |
| Other organizations performing similar types of work: | 76.4% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $1,361 | $19,922 |
| Contributions, gifts, grants, and similar amounts received | $1,361 | $19,922 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $4,879 | $6,551 |
| Total net assets | $-3,518 | $9,853 |
| Excess/Deficit for the year | $-3,518 | $13,371 |
| Net assets or fund balances at beginning of year | $0 | $-3,518 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $-3,518 | $9,853 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $733 | $9,853 |
| Total liabilities | $4,251 | $0 |
| Net assets or fund balances | $-3,518 | $9,853 |
| Other Information | ||
| 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 |
| 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? | Yes | No |
| Total amount involved | $4,252 | $0 |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $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 | $21,283 |
| Subtotal Support | $21,283 |
| Gifts, grants, contributions, and membership fees received | $21,283 |
| 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 | $21,283 |
| Public Support | $21,283 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Tapestri Inc | 3939 Lavista Rd Ste E Pmb 362, Tucker, GA 30084-4847 | GA | 2002-08 | $1,652,506 |
| 2 | Aid To Abused Women, Abused Womens Fund | 1516 Deer Rdg, El Paso, TX 79912-8131 | TX | 2011-03 | $768,838 |
| 3 | Start Off Smart Inc | 4 South Krome Ave, Homestead, FL 33030 | FL | 2011-10 | $560,808 |
| 4 | Wise County Domestic Violence Task Force | PO BOX 569, Decatur, TX 76234-0569 | TX | 1999-02 | $550,146 |
| 5 | Turning Point Mens Home | 449 Pine Street Unit 4, Holtville, CA 92250-1153 | CA | 2011-09 | $338,716 |
| 6 | Washington State Native American Coalition Against Domestic | PO BOX 13260, Olympia, WA 98508-3260 | WA | 2006-04 | $273,277 |
| 7 | Unidos Against Domestic Violence Inc | 128 East Olin, Madison, WI 53713-1467 | WI | 2001-06 | $204,844 |
| 8 | Kiran Inc | 1012 Oberlin Rd Ste 700, Raleigh, NC 27605-1392 | NC | 2000-10 | $202,372 |
| 9 | Trinity Bethel Inc, Highly Favored Children | 9321 Edgebrook St, Houston, TX 77075-1249 | TX | 1995-09 | $187,630 |
| 10 | Sheris House Of Hope Inc | 4008 N Grimes 164, Hobbs, NM 88240-0903 | NM | 2009-07 | $169,272 |
| 11 | Aspen-Abuse Support & Prevention Education Network | PO BOX 653, Livingston, MT 59047-0653 | MT | 2001-03 | $151,605 |
| 12 | Americanew | Po Box 61, Point Reyes Station, CA 94956 | CA | 2010-08 | $150,000 |
| 13 | South County Outreach Association | PO BOX 276, Kent, WA 98035-0276 | WA | 2006-01 | $135,686 |
| 14 | Womens Healing And Empowerment Network W H E Network | 2127 N Monroe St, Spokane, WA 99205-4544 | WA | 2008-01 | $125,238 |
| 15 | Sacs Inc | PO BOX 474, Ash Flat, AR 72513-0474 | AR | 1999-11 | $114,747 |
| 16 | Well Of Sychar Inc | P O Box 814561, Hollywood, FL 33081 | FL | 2010-04 | $103,719 |
| 17 | Specs Inc | 1850 E 54th St, Davenport, IA 52807-2763 | IA | 2012-10 | $19,922 |
| 18 | Allamakee County Women & Childrens Center Resource Center | PO BOX 3, Waukon, IA 52172-0003 | IA | 2000-06 | $0 |
| 19 | Grundy County Community Partners | 604 8th Street, Grundy Center, IA 50638 | IA | 2001-02 | $0 |
| 20 | Star Of Hope Foundation Inc | 2318 300th Street, Mount Ayr, IA 50854 | IA | 2006-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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