Our Lady Of Good Counsel Church in Walton, Kentucky (KY)

Organization representatives - add corrected or new information about Our Lady Of Good Counsel Church »

Non-representatives - add comments about Our Lady Of Good Counsel Church»

Our Lady Of Good Counsel Church
Employer Identification Number (EIN)260031292
Name of OrganizationOur Lady Of Good Counsel Church
In Care of NameJames Brueggemann
Address12665 Mccoy Fork Rd, Walton, KY 41094-9592
SubsectionReligious Organization
Ruling Date10/2002
DeductibilityContributions are deductible
FoundationPrivate operating foundation (other)
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$2,176,657
Amount of Income$288,131
Form 990 Revenue Amount$1,116,843
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Roman Catholic


Non-representatives - add comments:


CAPTCHA

Your IP address 18.207.157.152 will be logged.

Amount of income in 2013: $288,131 (it was $336,231 in 2012)
This organization: 

 $288,131
Other organizations performing similar types of work: 

 $65,509

Assets in 2013: $2,176,657 (it was $2,116,493 in 2012)
This organization: 

 $2,176,657
Other organizations performing similar types of work: 

 $50,846

Expenses in 2013: $228,819
This organization: 

 $228,819
Other organizations performing similar types of work: 

 $55,616

Income to expenses ratio in 2013: 1.3
Our Lady Of Good Counsel Church: 

 1.3
Other organizations performing similar types of work: 

 1.3

Grants share in income in 2013: 90.9%
This organization: 

 90.9%
Other organizations performing similar types of work: 

 96.0%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$288,131$16,147$26,096
Contributions, gifts, grants, etc., received$262,035
Interest on savings and temporary cash investments$697
Dividends and interest from securities$0
Gross rents$15,450
Gross sales price for all assets$0
Gross profit from sales of goods$0
Other income$9,949
Total expenses and disbursements$228,819$25,007$30,553$149,815
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$5,868
Accounting fees$750
Interest$0
Depreciation$45,470
Occupancy$14,150
Travel, conferences, and meetings$6,021
Printing and publications$0
Total operating and administrative expenses$123,083$25,007$44,079
Contributions, gifts, grants paid$105,736
Excess of revenue over expenses and disbursements$59,312
Net investment income$0
Adjusted net income$0
Balance Sheets
201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$2,053,119$2,128,715$2,116,493$2,231,658$2,176,657$2,337,292
Cash - non-interest-bearing$303,388$43,368$66,976
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$0$0$0
Investments-corporate bonds$0$0$0
Investments-mortgage loans$0$0$0
Investments-other$0$0$0
Other assets$0$0
Total liabilities$550$550$1,400
Mortgages and other notes payable$0$0$0
Other liabilities$550$1,400
Total liabilities and net assets/fund balances$2,052,569$2,115,943$2,175,257
Capital Gains and Losses for Tax on Investment Income
201120122013
Capital gain net income$0$0$0
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$24$0$0
Total credits and payments$396$372$372
Current year estimated tax payments and previous year's overpayment credited to current year$396$372$372
Exempt foreign organizations-tax withheld at source$0$0$0
Tax paid with application for extension of time to file (Form 8868)$0$0$0
Backup withholding erroneously withheld$0$0$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$0$0
Overpayment$372$372
Amount to be credited to next year's estimated tax$372$372$372
Statements Regarding Activities
201120122013
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?YesYesYes
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201120122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNo
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$1,014,895$940,540$922,431
Net value of noncharitable-use assets$926,432$908,595
Minimum investment return$49,984$46,322$45,430
Distributable Amount
201120122013
Distributable amount$0$0$0
Undistributed Income
201120122013
Distributable amount for this year$0$0$0
Undistributed income for this year. This amount must be distributed in the next year$0$0$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
The lesser of the adjusted net income or the minimum investment return$1$5,238$1,908$452$7,598
Qualifying distributions made directly for active conduct of exempt activities$306,023$703,994$1,276,099$1,581,069$3,867,185
Value of all assets$1$0$0$0$1
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$30,287$30,881$33,323$39,313$133,804
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Supplementary Information (for 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$697$0
Dividends and interest from securities$0$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Our Lady Of Good Counsel Church to others? (optional)
  
Add photo of Our Lady Of Good Counsel Church (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Glenmary Sisters Charitable Tr, Leighton Sister Patricia TteePO BOX 22264, Owensboro, KY 42304-2264KY1997-10$672,912
2Our Lady Of Good Counsel Church12665 Mccoy Fork Rd, Walton, KY 41094-9592KY2002-10$288,131
3Backstretch Works Of Mercy IncPO BOX 727, Florence, KY 41022-0727KY1997-12$38,848
4Schaeffer Foundation Inc1202 Park Hills Ct, Louisville, KY 40207-4310KY2014-08$35,000
5Thy Will Be Done Inc400 Hawthorne Dr, Nicholasville, KY 40356-9509KY2006-09$1,604
6Margaret T Stoeckinger Foundation Inc320 Rose Ln Newman Center, Lexington, KY 40508KY2000-02$837
7Catholics United For The Faith2500 Buttermilk Pike, Villa Hills, KY 41017KY1994-11$0
8Focus Ministries Georgetown Inc115 N Water St, Georgetown, KY 40324-1334KY2007-02$0
9Gennesaret Ministries Inc4720 Southern Pkwy, Louisville, KY 40214-1425KY2015-02$0
10Kentucky Catholic Student Coaliation315 Battson-Oates Dr, Morehead, KY 40351KY2009-02$0
11National Association Of Roman Catholic Priests Pilots Inc29 E Villa Pl, Fort Thomas, KY 41075KY2012-10$0
12Old Roman Catholic Church In America1102 Julianna Rd, Goshen, KY 40026-8701KY2014-07$0
13Our Lady Of Guadalupe Foundation Inc3600 Goldsmith Ln, Louisville, KY 40220KY2001-03$0
14Our Lady Of Mount Carmel Inc, Sspx Mary1730 N Stillwell Rd, Boston, KY 40107-8666KY2014-04$0
15Our Lady Of The Pillar Inc1011 Audubon Pkwy, Louisville, KY 40213-1303KY2002-08$0
16Parents For A Catholic Education Inc915 Cabernet Drive, Berea, KY 40403KY2004-04$0
17Roman Catholic Diocese Of Covington, Diocese Of CovingtonPO BOX 15550, Covington, KY 41015-0550KY1946-03$0
18St Lukes Anglican Church77 Edgemont Rd, Maysville, KY 41056-9149KY2007-09$0
19Voice Of The Faithful - Louisville Area Inc2500 Brown Williamson Tower, Louisville, KY 40202-3429KY2006-05$0
20Wpjp Catholic Radio Inc1600 Kingsway Dr, Madisonville, KY 42431-5826KY2014-08$0
Number of organizations performing similar types of work
Alaska1
Alabama8
Arkansas3
Arizona16
California174
Colorado27
Connecticut15
District of Columbia12
Delaware3
Florida85
Georgia22
Hawaii3
Iowa8
Idaho3
Illinois61
Indiana28
Kansas12
Kentucky20
Louisiana23
Massachusetts157
Maryland21
Maine1
Michigan27
Minnesota20
Missouri29
Mississippi4
Montana2
North Carolina21
North Dakota4
Nebraska10
New Hampshire9
New Jersey35
New Mexico12
Nevada3
New York79
Ohio30
Oklahoma11
Oregon16
Pennsylvania45
Rhode Island10
South Carolina6
South Dakota3
Tennessee7
Texas87
Virginia22
Vermont5
Washington24
Wisconsin30
West Virginia4
Wyoming2
International5
Total1,265

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Our Lady Of Good Counsel Church and has no official or unofficial affiliation with Our Lady Of Good Counsel Church