Pointing Out The Great Way Foundation in Carlisle, Massachusetts (MA)
Table of contents:
| Pointing Out The Great Way Foundation | |
| Employer Identification Number (EIN) | 460544333 |
| Name of Organization | Pointing Out The Great Way Foundation |
| In Care of Name | Richard Colman |
| Address | 18 Audubon Ln, Carlisle, MA 01741-1500 |
| Subsection | Religious Organization |
| Ruling Date | 08/2012 |
| 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 | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $44,515 |
| Amount of Income | $135,646 |
| Form 990 Revenue Amount | $135,646 |
| National Taxonomy of Exempt Entities (NTEE) | Religion-Related, Spiritual Development: Buddhist |
Non-representatives - add comments:
Amount of income in 2013: $135,646 (it was $49,885 in 2012)
| Pointing Out The Great Way Foundation: | $135,646 |
| Other organizations performing similar types of work: | $68,913 |
Assets in 2013: $44,515 (it was $19,674 in 2012)
| Pointing Out The Great Way Foundation: | $44,515 |
| Other organizations performing similar types of work: | $112,218 |
Expenses in 2013: $110,805
| This organization: | $110,805 |
| Other organizations performing similar types of work: | $50,512 |
Income to expenses ratio in 2013: 1.2
| This organization: | 1.2 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 100.0%
| Pointing Out The Great Way Foundation: | 100.0% |
| Other organizations performing similar types of work: | 100.0% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $49,885 | $135,646 |
| Contributions, gifts, grants, and similar amounts received | $49,885 | $135,646 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $30,211 | $110,805 |
| Total net assets | $19,674 | $44,515 |
| Excess/Deficit for the year | $19,674 | $24,841 |
| Net assets or fund balances at beginning of year | $0 | $19,674 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $19,674 | $44,515 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $19,674 | $44,515 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $19,674 | $44,515 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No |
| 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? | No | No |
| Total amount involved | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $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? | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
| 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 | $185,531 |
| Subtotal | $185,531 |
| Gifts, grants, contributions, and membership fees received | $185,531 |
| 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 | $185,531 |
| Public support | $185,531 |
| 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 | Tibetan Buddhist Resources Center | 1430 Massachusetts Ave, Cambridge, MA 02138-3831 | MA | 2000-05 | $748,329 |
| 2 | Samanta Bhadra Buddhist Center Inc | 155 Quincy Ave, Braintree, MA 02184-3701 | MA | 2009-04 | $740,293 |
| 3 | Pointing Out The Great Way Foundation | 18 Audubon Ln, Carlisle, MA 01741-1500 | MA | 2012-08 | $135,646 |
| 4 | American Wisdom Association | 7 Marshall St, Billerica, MA 01821-4006 | MA | 2009-05 | $87,660 |
| 5 | Rime Shedrub Ling Tibetan Buddhist Center | 81 Gulf Rd, Belchertown, MA 01007-9729 | MA | 2002-10 | $73,907 |
| 6 | Drikung Meditation Center Inc, Jokhang Institute | 15 Bartlett Avenue, Arlington, MA 02476 | MA | 2000-05 | $51,942 |
| 7 | Tuong Van Buddhist Temple Inc | 47 Wilbur St, Lowell, MA 01851-2707 | MA | 2012-11 | $46,329 |
| 8 | New England Buddhist Vihara &meditation Center | 162 Old Upton Rd, Grafton, MA 01519-1308 | MA | 2010-02 | $39,794 |
| 9 | Pashupatinath Buddha Foundation Of New England | 16 Saunders Rd, Norwood, MA 02062-3214 | MA | 2014-07 | $33,459 |
| 10 | Bodhicitta Center For The Encouragement Of Compassion In The | 397 Copeland St, Brockton, MA 02301-7056 | MA | 2001-09 | $0 |
| 11 | Boston Buddha Vararam Temple, Wat Boston Buddha Vararam | 125 North Rd, Bedford, MA 01730-1063 | MA | 2001-03 | $0 |
| 12 | Boundless Way Zen | 1030 Pleasant St, Worcester, MA 01602-1334 | MA | 2010-11 | $0 |
| 13 | Community And Personal Awareness Support Systems Inc, Dedicated Life Institute | 51 Westchester Rd, Newton, MA 02458 | MA | 2014-07 | $0 |
| 14 | Dhammakaya Meditation Center Boston | 65 Roberts St, Quincy, MA 02169-6466 | MA | 2011-02 | $0 |
| 15 | Dharmalaya Inc | 2353 Mass Ave Apt 66, Cambridge, MA 02140-1245 | MA | 2014-03 | $0 |
| 16 | Dharmanectar Org Inc | 467 Columbus Avenue, Boston, MA 02116 | MA | 2014-09 | $0 |
| 17 | Gin Te Buddhist Center Inc | 34 Fordham Rd 3rd Flr, Allston, MA 02134-3006 | MA | 2002-03 | $0 |
| 18 | Green River Zen Center | 29 E Taylor Hill Rd, Montague, MA 01351-9508 | MA | 2013-09 | $0 |
| 19 | Houn-An Dharma Cloud Hermitage Inc, Dba Charles River Zen | 210 Belmont St Apt 8, Watertown, MA 02472-3557 | MA | 2003-02 | $0 |
| 20 | Hue Lam Meditation Temple | 2 Vernon St, Fitchburg, MA 01420-3723 | MA | 2006-06 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 2,050 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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