Truth And Praise Inc in Belle Chasse, Louisiana (LA)

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Truth And Praise Inc
Employer Identification Number (EIN)720856157
Name of OrganizationTruth And Praise Inc
Address201 Schlief Dr, Belle Chasse, LA 70037-2420
ActivitiesReligious publishing activities
SubsectionReligious Organization
Ruling Date04/1979
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$171,602
Amount of Income$64,526
Form 990 Revenue Amount$31,830


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$31,830
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$43
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$31,787
Gross sales of inventory, less returns and allowances$64,483
Less: cost of goods sold$32,696
Other revenue$0
Total expenses$24,319
Total net assets$171,602
Excess for the year$7,511
Net assets or fund balances at beginning of year$164,091
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$171,602
Total liabilities$0
Net assets or fund balances$171,602
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:A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i)
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