Faith Partnerships Incorporated in Raleigh, North Carolina (NC)

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Faith Partnerships Incorporated
Employer Identification Number (EIN)311807854
Name of OrganizationFaith Partnerships Incorporated
In Care of NameDiana Jones Wilson
Address3716 National Drive, Raleigh, NC 27612-4068
SubsectionReligious Organization
Ruling Date11/2001
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 Period06/2014
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,249
Amount of Income$50,254
Form 990 Revenue Amount$50,254
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Protestant


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Amount of income in 2014: $50,254 (it was $25,150 in 2013)
Faith Partnerships Incorporated: 

 $50,254
Other organizations performing similar types of work: 

 $66,638

Assets in 2014: $2,249 (it was $442,975 in 2013)
Faith Partnerships Incorporated: 

 $2,249
Other organizations performing similar types of work: 

 $23,949

Expenses in 2013: $396,806
Faith Partnerships Incorporated: 

 $396,806
Other organizations performing similar types of work: 

 $61,434

Income to expenses ratio in 2013: 0.1
Faith Partnerships Incorporated: 

 0.1
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2013: 97.7%
Faith Partnerships Incorporated: 

 97.7%
Other organizations performing similar types of work: 

 49.5%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$25,150
Contributions, gifts, grants, and similar amounts received$24,571
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$579
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$396,806
Total net assets$12,043
Excess/Deficit for the year$-371,656
Net assets or fund balances at beginning of year$383,699
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$12,043
Balance Sheets
201120122013
Total assets$558,472$753,453$442,975
Total liabilities$325,827$377,338$430,932
Net assets or fund balances$12,043
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
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?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?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
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$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
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$1,769,927
Subtotal Support$1,769,927
Gifts, grants, contributions, and membership fees received$1,769,927
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$1,772,338
Public Support$1,769,927
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$2,411
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.$1,772,338
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1St Marys Jacobite Church Of Colorado Inc3410 W Walsh Pl, Denver, CO 80219-3374CO2005-02$54,985
2Shepherd Creek MinistriesPO BOX 403, Kendalia, TX 78027-0403TX2000-01$38,773
3St Francis Springs Prayer Center Inc477 Grogan Rd, Stoneville, NC 27048-8611NC2003-06$937,057
4Williams Chapel Freewill Baptist Church1230 N Bragg Blvd, Spring Lake, NC 28390-3136NC2005-06$871,224
5North American Church Planting Foundation9801 Durant Rd, Raleigh, NC 27614-9367NC2009-12$854,062
6On Eagle Wings MinistriesP O Box 9737, Asheville, NC 28815NC2011-08$717,660
7Youth Commission International Inc, Bridge And First Priority251 Post Office Dr Ste 4, Indian Trail, NC 28079-7686NC1997-07$452,298
8South Mountain Baptist Camp3558 Baptist Camp Rd, Connelly Spg, NC 28612-8259NC2002-01$432,093
9Monument Of Praise Ministries Inc1212 Pearson Pl, High Point, NC 27260-5442NC2008-03$390,396
10Certain Hope Ministries1610 Canterbury Rd, Greenville, NC 27858NC2009-03$373,455
11Cherokee Indians Of Robeson County10723 Hwy 211, Red Springs, NC 28377NC2002-08$340,928
12Mosaic Church Of Cary270 Towerview Ct, Cary, NC 27513-3591NC2011-10$334,640
13Whisper Mountain Ministries Inc2240 Long Creek Rd, Robbinsville, NC 28771-8122NC2014-04$282,585
14Strategic China Initiative Inc905 Shellbrook Ct Apt 11, Raleigh, NC 27609-4279NC2004-11$278,054
15Touch The World Ministries IncPO BOX 218, Todd, NC 28684-0218NC2001-04$261,400
16Tasch Ministries International IncPO BOX 487, N Wilkesboro, NC 28659-0487NC1997-02$245,445
17South Central Church Of Christ IncorporatedPO BOX 14111, Raleigh, NC 27620-4111NC2000-06$224,571
18Asheville Youth MissionPO BOX 2988, Asheville, NC 28802-2988NC2010-08$220,800
19Characterhealth Corporation, Parenting Matters101 Casablanca Ct, Cary, NC 27519-2300NC2011-05$200,636
20Sportworks Ministry Inc1806 Rosewood Dr, Greenville, NC 27858-4448NC1995-10$191,805
Number of organizations performing similar types of work
Alaska74
Alabama625
Arkansas373
Arizona576
California4,884
Colorado607
Connecticut339
District of Columbia130
Delaware158
Florida3,061
Georgia1,827
Hawaii133
Iowa192
Idaho77
Illinois1,408
Indiana772
Kansas221
Kentucky407
Louisiana800
Massachusetts489
Maryland1,103
Maine48
Michigan878
Minnesota368
Missouri732
Mississippi410
Montana92
North Carolina1,642
North Dakota33
Nebraska130
New Hampshire54
New Jersey958
New Mexico165
Nevada259
New York2,111
Ohio1,077
Oklahoma530
Oregon304
Pennsylvania1,088
Rhode Island73
South Carolina791
South Dakota50
Tennessee788
Texas3,956
Utah68
Virginia899
Vermont22
Washington486
Wisconsin363
West Virginia135
Wyoming37
International73
Total36,876

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