Internetbar Org Institute Inc in Wayland, Massachusetts (MA)
| Internetbar Org Institute Inc |
| Employer Identification Number (EIN) | 202683134 |
| Name of Organization | Internetbar Org Institute Inc |
| In Care of Name | Jeffrey Aresty |
| Address | 35 Three Ponds Road, Wayland, MA 01778 |
| Subsection | Educational Organization |
| Ruling Date | 08/2006 |
| 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 | 2008 |
| Assets | $10,000 to $24,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $11,702 |
| Amount of Income | $11,816 |
| Form 990 Revenue Amount | $11,032 |
| National Taxonomy of Exempt Entities (NTEE) | Crime, Legal-Related: Research Institutes and/or Public Policy Analysis |
Amount of income in 2008: $11,816 (it was $11,032 in 2013)
| This organization: | $11,816 |
| Other organizations performing similar types of work: | $12,600 |
Assets in 2008: $11,702 (it was $11,702 in 2013)
| This organization: | $11,702 |
| Other organizations performing similar types of work: | $48,720 |
Expenses in 2013: $100,671
| This organization: | $100,671 |
| Other organizations performing similar types of work: | $11,922 |
Income to expenses ratio in 2013: 0.1
| This organization: | 0.1 |
| Other organizations performing similar types of work: | 0.1 |
Grants share in income in 2013: 43.1%
| Internetbar Org Institute Inc: | 43.1% |
| Other organizations performing similar types of work: | 43.1% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances |
| 2011 | 2012 | 2013 |
|---|
| Total revenue | $-7,594 | $7,402 | $11,032 |
| Contributions, gifts, grants, and similar amounts received | $8,556 | $3,500 | $4,752 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $50 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $-16,150 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $3,902 | $6,230 |
| Gross sales of inventory, less returns and allowances | $0 | $18,380 | $7,014 |
| Less: cost of goods sold | $0 | $14,478 | $784 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $74,015 | $80,705 | $100,671 |
| Total net assets | $-54,936 | $-128,873 | $-218,512 |
| Excess/Deficit for the year | $-81,609 | $-73,303 | $-89,639 |
| Net assets or fund balances at beginning of year | $26,673 | $-55,570 | $-128,873 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $-54,936 | $-128,239 | $-218,512 |
| Balance Sheets |
| 2011 | 2012 | 2013 |
|---|
| Total assets | $6,219 | $7,171 | $11,702 |
| Total liabilities | $61,155 | $136,044 | $230,214 |
| Net assets or fund balances | $-54,936 | $-128,873 | $-218,512 |
| Reason for Public Charity Status (for 2013) |
| 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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) |
| 2009 - 2013 Total |
|---|
| Public support | $8,252 |
| Subtotal | $8,252 |
| Gifts, grants, contributions, and membership fees received | $8,252 |
| 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 | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $8,252 |
| Public support | $8,252 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work |
| Id | Name | Address | State | Established | Total Income |
|---|
| 1 | Bayou Research Institute | 442 Europe Street, Baton Rouge, LA 70802 | LA | 1997-04 | $30,000 |
| 2 | International Organization For Victim Assistance | 32465 Ne Old Parrett Mtn Rd, Newberg, OR 97132 | OR | 2006-05 | $12,600 |
| 3 | Internetbar Org Institute Inc | 35 Three Ponds Road, Wayland, MA 01778 | MA | 2006-08 | $11,816 |
| 4 | Hist Soc Of The United States Dist Court For The Eastern Dist Of Pa | PO BOX 53357, Philadelphia, PA 19106 | PA | 2012-05 | $0 |
| 5 | Internetbar Org Inc | 35 Three Ponds Road, Wayland, MA 01778 | MA | 2006-08 | $0 |
| 6 | One Song Many Voices Foundation | 5400 Mohican Rd, Bethesda, MD 20816-2162 | MD | 2000-03 | $0 |
| Number of organizations performing similar types of work |
| Louisiana | 1 |
| Massachusetts | 2 |
| Maryland | 1 |
| |
| Total | 6 |
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