Kate S Way Inc in Pompton Plains, New Jersey (NJ)
Table of contents:
| Kate S Way Inc | |
| Employer Identification Number (EIN) | 203507020 |
| Name of Organization | Kate S Way Inc |
| In Care of Name | LESTER WOLFSON |
| Address | PO BOX 216, Pompton Plains, NJ 07444 |
| Subsection | Charitable Organization |
| Ruling Date | 03/2006 |
| 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 | 2009 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $45,923 |
| Amount of Income | $30,957 |
| Form 990 Revenue Amount | $17,701 |
| National Taxonomy of Exempt Entities (NTEE) | Health - General and Rehabilitative: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2009: $30,957 (it was $21,976 in 2013)
| Kate S Way Inc: | $30,957 |
| Other organizations performing similar types of work: | $100,423 |
Assets in 2009: $45,923 (it was $42,219 in 2013)
| This organization: | $45,923 |
| Other organizations performing similar types of work: | $79,295 |
Expenses in 2013: $16,490
| This organization: | $16,490 |
| Other organizations performing similar types of work: | $57,717 |
Income to expenses ratio in 2013: 1.9
| This organization: | 1.9 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 26.9%
| Kate S Way Inc: | 26.9% |
| Other organizations performing similar types of work: | 19.8% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $17,429 | $21,648 | $21,976 |
| Contributions, gifts, grants, and similar amounts received | $5,050 | $8,516 | $5,909 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $240 | $178 | $149 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $12,139 | $12,954 | $15,918 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $26,358 | $25,845 | $27,883 |
| Less: direct expenses from gaming and fundraising events | $14,219 | $12,891 | $11,965 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $13,997 | $16,570 | $16,490 |
| Total net assets | $31,655 | $36,733 | $42,219 |
| Excess/Deficit for the year | $3,432 | $5,078 | $5,486 |
| Net assets or fund balances at beginning of year | $28,223 | $31,655 | $36,733 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $36,733 | $42,219 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $31,655 | $36,733 | $42,219 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $31,655 | $36,733 | $42,219 |
| Other Information | |||
| 2011 | 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 | 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 | $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? | 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 | $150,084 |
| Subtotal | $150,084 |
| Gifts, grants, contributions, and membership fees received | $45,629 |
| 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 | $104,455 |
| 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 | $151,154 |
| Public support | $150,084 |
| Subtotal | $1,070 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $1,070 |
| 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 | Van Sciver Corporation | 2 Park Ave, Dumont, NJ 07628-3004 | NJ | 2014-02 | $188,217 |
| 2 | Medical Staff Of Englewood Hospital Regina Saitta Administration | 350 Engle St, Englewood, NJ 07631-1808 | NJ | 2007-05 | $130,128 |
| 3 | Bermuda Wellness Foundation | 641 Shunpike Road Suite 101, Chatham, NJ 07928 | NJ | 2011-11 | $115,000 |
| 4 | Hope N Joy Project Inc | 416 Downs Dr, Cherry Hill, NJ 08003-3415 | NJ | 2013-01 | $51,417 |
| 5 | Ufcw Local 888 Charitable Fund | 160 East Union Avenue, East Rutherford, NJ 07073 | NJ | 2008-08 | $46,405 |
| 6 | Rezza Foundation For Strokesurvivors | 2538 Tremont Ave Trlr 79, Egg Hbr Twp, NJ 08234-9405 | NJ | 2007-09 | $39,304 |
| 7 | Agents For Childrens Health | 11 Independence Court, Madison, NJ 07940 | NJ | 2004-11 | $34,830 |
| 8 | Summit Medical Group Foundation Inc | 150 Floral Ave, New Providnce, NJ 07974-1557 | NJ | 2014-04 | $34,826 |
| 9 | Kate S Way Inc | PO BOX 216, Pompton Plains, NJ 07444 | NJ | 2006-03 | $30,957 |
| 10 | The Michael J Valiant Sr Inc | 578 Roosevelt Ave, Carteret, NJ 07008-3018 | NJ | 2009-06 | $28,870 |
| 11 | Colette W Bleistine Paying It Forward Foundation | 10 Hercules Ct, Sewell, NJ 08080-1930 | NJ | 2014-03 | $16,209 |
| 12 | Enyi Md Foundation Inc | 9303 Town Center Blvd, Voorhees, NJ 08043 | NJ | 2010-04 | $12,610 |
| 13 | Runnells Specialized Hospital Foundation Inc | 40 Watchung Way, Berkeley Hts, NJ 07922-2600 | NJ | 1996-03 | $1,001 |
| 14 | Cancercrusher Foundation Inc | C/O Lisa Mckean 4 Blackpoint, Rumson, NJ 07760 | NJ | 2010-03 | $772 |
| 15 | Bangladesh Christian Charity Usa | 60 Pear Tree Lane, Franklin Park, NJ 08823 | NJ | 2012-07 | $0 |
| 16 | Blue Knights Chapter Viii Charities Inc | 15 Ramsey Rd, Middlesex, NJ 08846-1332 | NJ | 2015-03 | $0 |
| 17 | Bondo District Association Usa Inc | 4 Secaucus Rd, Hewitt, NJ 07421 | NJ | 2007-11 | $0 |
| 18 | Butterfly Angel Foundation Inc | 23 East Lane, Madison, NJ 07940 | NJ | 2011-03 | $0 |
| 19 | Caroline Cauley Memorial Fund | 15 Lehigh Dr, Kendall Park, NJ 08824 | NJ | 2014-08 | $0 |
| 20 | Do This For Your Father Foundation | 95 Deacon Dr, Mercerville, NJ 08619-1346 | NJ | 2004-06 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,111 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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