Victory Training School Corp in Corbin, Kentucky (KY)

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Victory Training School Corp
Employer Identification Number (EIN)311146940
Name of OrganizationVictory Training School Corp
AddressPO BOX 663, Corbin, KY 40702-0663
ActivitiesOther religious activities
SubsectionReligious Organization
Ruling Date02/1986
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$150,838
Amount of Income$65,384
Form 990 Revenue Amount$65,384
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Media, Communications Organizations


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Amount of income in 2013: $65,384 (it was $77,840 in 2012)
This organization: 

 $65,384
Other organizations performing similar types of work: 

 $207,607

Assets in 2013: $150,838 (it was $143,484 in 2012)
This organization: 

 $150,838
Other organizations performing similar types of work: 

 $238,159

Expenses in 2013: $63,038
Victory Training School Corp: 

 $63,038
Other organizations performing similar types of work: 

 $254,048

Income to expenses ratio in 2013: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 -,nan,(ind)

Grants share in income in 2013: 100.0%
Victory Training School Corp: 

 100.0%
Other organizations performing similar types of work: 

 78.2%

Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$77,983$77,840$65,384
Contributions, gifts, grants, and similar amounts received$77,947$77,840$65,384
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$36$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$62,424$63,298$63,038
Total net assets$112,989$127,531$129,877
Excess/Deficit for the year$15,559$14,542$2,346
Net assets or fund balances at beginning of year$97,430$112,989$127,531
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$127,531$129,877
Balance Sheets
201120122013
Total assets$128,524$143,484$150,838
Total liabilities$15,535$15,953$20,961
Net assets or fund balances$112,989$127,531$129,877
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
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 supported0
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$413,281
Subtotal Support$413,281
Gifts, grants, contributions, and membership fees received$413,281
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$413,317
Public Support$413,281
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$36
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
IdNameAddressStateEstablishedTotal Income
1Scola21557 270th St, Mcclelland, IA 51548-6027IA1987-09$13,627,816
2Wcca Inc, Wilkinson County Christian AcademyPO BOX 977, Woodville, MS 39669-0977MS$1,083,449
3Western Inspirational Broadcasters Inc6363 Highway 50 East, Carson City, NV 89701NV1969-08$782,340
4Spoken Word1025 Calle Ciruelo, Thousand Oaks, CA 91360-4812CA1973-01$546,959
5Top O Texas Educational Broadcasting FoundationPO BOX 8088, Amarillo, TX 79114-8088TX1986-05$376,735
6Southwest Virginia Education And Training NetworkPO BOX 1987, Abingdon, VA 24212-1987VA1993-11$280,622
7Scripture Memory Fellowship International1950 Pendleton Dr, Garland, TX 75041TX1978-01$267,648
8Sandlapper Society Inc955 Old Cherokee Rd, Lexington, SC 29072-9042SC1995-07$265,482
9Wisconsin Educational Media Association IncPO BOX 44578, Madison, WI 53744-4578WI1984-02$217,761
10Southwest Alternate Media Project Inc1519 W Main St, Houston, TX 77006-4709TX1977-05$174,066
11Vision Broadcasting Network Inc1017 New York Ave, Alamogordo, NM 88310-6921NM1985-08$162,592
12Technology Broadcasting Corporation3 Ames St, Cambridge, MA 02142-1305MA1976-12$114,000
13Schopeg Access IncPO BOX 202, Cobleskill, NY 12043-0202NY1991-03$75,874
14Victory Training School CorpPO BOX 663, Corbin, KY 40702-0663KY1986-02$65,384
15Word Of TruthPO BOX 10514, Kansas City, MO 64188-0514MO1983-08$48,221
16What About You Inc, One Way Productions2269 S University Dr Ste 330, Davie, FL 33324FL1995-06$39,868
17Tele-Missions International IncPO BOX 700416, Saint Cloud, FL 34770-0416FL1974-04$37,099
18Tommys Project Hope2700 Pecan W, Pllugerville, TX 78660-3199TX1998-11$15,135
19The Drammeh Institute IncPO BOX 558, Bronx, NY 10475-0558NY1994-01$11,905
20Christian Film Ministries Inc19681 Summerlin Rd Lot 533, Fort Myers, FL 33908FL1990-06$9,263
Number of organizations performing similar types of work
Alaska2
Alabama1
Arkansas3
Arizona1
California18
Colorado4
Connecticut1
District of Columbia2
Florida11
Georgia1
Iowa2
Idaho1
Illinois6
Indiana3
Kentucky1
Louisiana1
Massachusetts5
Maryland4
Michigan5
Minnesota5
Missouri5
Mississippi2
North Carolina5
Nebraska1
New Jersey2
New Mexico1
Nevada1
New York17
Ohio8
Oklahoma2
Pennsylvania4
Rhode Island1
South Carolina1
Tennessee4
Texas8
Utah1
Virginia5
Vermont1
Washington2
Wisconsin1
West Virginia1
Total150

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