Wlma Corporation Nfp in Chicago, Illinois (IL)

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Wlma Corporation Nfp
Employer Identification Number (EIN)264037588
Name of OrganizationWlma Corporation Nfp
In Care of NameAndrea Kramer
Address227 West Monroe Street Suite 4400, Chicago, IL 60606
SubsectionEducational Organization
Ruling Date02/2010
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 Period2011
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$30,829
Amount of Income$70,399
Form 990 Revenue Amount$70,314
National Taxonomy of Exempt Entities (NTEE)Employment, Job-Related: Vocational Counseling, Guidance and Testing

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Amount of income in 2011: $70,399 (it was $87,440 in 2012)
Wlma Corporation Nfp: 

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Assets in 2011: $30,829 (it was $3,612 in 2012)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2012: $86,953
Wlma Corporation Nfp: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2012: 0.8
This organization: 

Other organizations performing similar types of work: 


Grants share in income in 2012: 67.9%
Wlma Corporation Nfp: 

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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$87,440
Contributions, gifts, grants, and similar amounts received$59,405
Program service revenue including government fees and contracts$13,910
Membership dues and assessments$14,125
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$86,953
Total net assets$3,612
Excess for the year$487
Net assets or fund balances at beginning of year$3,125
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$3,612
Total liabilities$0
Net assets or fund balances$3,612
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$131,244
Gifts, grants, contributions, and membership fees received$117,334
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$13,910
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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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11Wlma Corporation Nfp227 West Monroe Street Suite 4400, Chicago, IL 60606IL2010-02$70,399
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Number of organizations performing similar types of work
District of Columbia4
North Carolina14
New Hampshire3
New Jersey6
New Mexico2
New York18
Rhode Island2
South Carolina2
West Virginia2

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