Rags To Riches Youth Ministry in Holdrege, Nebraska (NE)

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Rags To Riches Youth Ministry
Employer Identification Number (EIN)470844512
Name of OrganizationRags To Riches Youth Ministry
In Care of NameDan Jensen
AddressPO BOX 501, Holdrege, NE 68949-0501
SubsectionReligious Organization, Charitable Organization
Ruling Date06/2002
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 Period12/2014
Assets$100,000 to $499,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$145,666
Amount of Income$23,440
Form 990 Revenue Amount$23,440
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Protestant


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Amount of income in 2014: $23,440 (it was $17,999 in 2013)
Rags To Riches Youth Ministry: 

 $23,440
Other organizations performing similar types of work: 

 $66,638

Assets in 2014: $145,666 (it was $147,664 in 2013)
This organization: 

 $145,666
Other organizations performing similar types of work: 

 $23,949

Expenses in 2013: $16,686
Rags To Riches Youth Ministry: 

 $16,686
Other organizations performing similar types of work: 

 $61,434

Income to expenses ratio in 2013: 1.4
This organization: 

 1.4
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 49.5%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$23,836$21,291$17,999
Contributions, gifts, grants, and similar amounts received$23,836$21,291$17,999
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
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$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$16,132$11,744$16,686
Total net assets$153,348$152,108$147,664
Excess/Deficit for the year$7,703$9,546$1,313
Net assets or fund balances at beginning of year$145,645$142,562$146,351
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$162,894$153,421
Balance Sheets
201120122013
Total assets$153,348$152,108$147,664
Total liabilities$0$0$0
Net assets or fund balances$153,348$152,108$147,664
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
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?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$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?NoNo
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
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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
3Saint Benedict CenterPO BOX 528, Schuyler, NE 68661-0528NE1997-06$1,391,564
4St Paul Methodist Church Memorial Fund IncPO BOX 83068, Lincoln, NE 68501-3068NE1963-01$795,967
5Cross Of Life Inc1748 North 1st Street, Seward, NE 68434NE2011-02$221,893
6Iglecia Evangelica Pentecostes Cristo Viene1047 Road E, Schuyler, NE 68661-6200NE2011-04$214,419
7Nazarene Student Ministry For The University Of Nebraska Inc1345 New Hampshire St, Lincoln, NE 68508-1162NE2014-07$139,662
8Threefold Cord Ministries725 N 152nd Ave, Omaha, NE 68154-1805NE2003-09$110,598
9The StorehousePo Box 540782, Omaha, NE 68144NE2004-04$63,072
10Tlc Ministries Inc2109 Hiland Ave, Falls City, NE 68355-1412NE2009-11$40,916
11Secular Institute Of The Two Hearts Inc2105 3rd Ave, S Sioux City, NE 68776-2904NE2008-06$38,545
12Islamic Center Of Lexington Inc121 E 4TH STREET PO BOX 151, Lexington, NE 68850NE2009-11$17,775
13S K I P Corporation4529 Turner St, Lincoln, NE 68504-1347NE2001-02$17,276
14Sala De Evangelica515 N Pine St, Grand Island, NE 68801-4642NE2013-12$11,741
15Abiding Grace Community ChurchPO BOX 30309, Lincoln, NE 68503-0309NE2006-01$0
16All For Jesus9402 South 120th Street, Papillion, NE 68046NE2009-09$0
17Ames Church2077 County Road 15 Blvd, Ames, NE 68621-2130NE2008-08$0
18Assembly Of The Saints IncorporatedPO BOX 111221, Omaha, NE 68111-5221NE2000-04$0
19Astern Ministries Inc1523 Lincoln Ave, Plattsmouth, NE 68048-2579NE2001-03$0
20Awaken Ministries3517 S 163rd St, Omaha, NE 68130NE2015-04$0
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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