Worldwide Aids Coalition in Charlotte, North Carolina (NC)

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Worldwide Aids Coalition
Employer Identification Number (EIN)200017244
Name of OrganizationWorldwide Aids Coalition
In Care of NameDr Dennis Israelski
Address10224 Waterbrook Ln, Charlotte, NC 28277-9558
SubsectionCharitable Organization
Ruling Date09/2014
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$163,673
Amount of Income$240,000
Form 990 Revenue Amount$240,000
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Personal Social Services

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Amount of income in 2013: $240,000 (it was $0 in 2012)
Worldwide Aids Coalition: 

Other organizations performing similar types of work: 


Assets in 2013: $163,673 (it was $212,882 in 2012)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2013: $49,208
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 4.9
This organization: 

Other organizations performing similar types of work: 


Grants share in income in 2013: -,nan,(ind)%
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$54,852$240,000$0$0$0$0
Total expenses$69,354$25,413$70,853$32,917$60,000$49,208
Total net assets$162,065$376,652$305,799$272,882$212,882$163,673
Excess/Deficit for the year$-14,502$214,587$-70,853$-32,917$-60,000$-49,208
Net assets or fund balances at beginning of year$176,567$162,065$376,652$305,799$272,882$212,881
Other changes in net assets or fund balances$0$0$0$0$0$0
Net assets or fund balances at end of year$162,065$376,652$305,799$272,882$212,882$163,673
Balance Sheets
Total assets$162,065$376,652$305,799$272,882$212,882$163,673
Total liabilities$0$0$0$0$0$0
Net assets or fund balances$162,065$376,652$305,799$272,882$212,882$163,673
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNoNoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNoNoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNoNoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNoNoNoNo
Amount of political expenditures, direct or indirect$0$0$0$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNoNoNoNo
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?NoNoNoNoNoNo
Total amount involved$0$0$0$0$0$0
Initiation fees and capital contributions$0$0$0$0$0$0
Gross receipts for public use of club facilities$0$0$0$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?NoNoNoNoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNoNoNoNo
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$144,800
Subtotal Support$240,000
Gifts, grants, contributions, and membership fees received$240,000
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$95,200
Total Support$240,000
Public Support$240,000
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
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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Number of organizations performing similar types of work
District of Columbia28
North Carolina150
North Dakota7
New Hampshire8
New Jersey91
New Mexico20
New York175
Rhode Island10
South Carolina55
South Dakota9
West Virginia17
Total3,403 is not associated with, endorsed by, or sponsored by Worldwide Aids Coalition and has no official or unofficial affiliation with Worldwide Aids Coalition