Financial Services Volunteer Corps Inc in New York, New York (NY)

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Financial Services Volunteer Corps Inc
Employer Identification Number (EIN)133568629
Name of OrganizationFinancial Services Volunteer Corps Inc
Address10 E 53rd St Fl 36, New York, NY 10022-5052
ActivitiesDiscussion groups, forums, panels lectures, etc.
SubsectionCharitable Organization
Ruling Date08/1990
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 Period12/2013
Assets$1,000,000 to $4,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,116,836
Amount of Income$5,429,917
Form 990 Revenue Amount$5,429,917
National Taxonomy of Exempt Entities (NTEE)International, Foreign Affairs and National Security: International Economic Development


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Amount of income in 2013: $5,429,917 (it was $4,773,301 in 2012)
Financial Services Volunteer Corps Inc: 

 $5,429,917
Other organizations performing similar types of work: 

 $503,831

Assets in 2013: $2,116,836 (it was $1,868,220 in 2012)
This organization: 

 $2,116,836
Other organizations performing similar types of work: 

 $337,871

Expenses in 2012: $4,949,842
This organization: 

 $4,949,842
Other organizations performing similar types of work: 

 $473,857

Income to expenses ratio in 2012: 1.1
Financial Services Volunteer Corps Inc: 

 1.1
Other organizations performing similar types of work: 

 1.1

Number of employees in 2012: 13
This organization: 

 13
Other organizations performing similar types of work: 

 7

Employees paid over $100,000 in 2012: 23.1%
This organization: 

 23.1%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2012: 89.6%
This organization: 

 89.6%
Other organizations performing similar types of work: 

 64.2%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$4,773,301
Contributions, Gifts, Grants and Other Similar Amounts$4,276,154
Program Service Revenue$496,186
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$961
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$4,949,842
Compensation of current officers, directors, trustees, and key employees$1,048,705
Other salaries and wages$824,315
Payroll taxes$85,998
Professional fundraising services$0
Other$2,990,824
Balance Sheet (for 2012)
Total assets$1,868,220
Total liabilities$1,491,267
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$1,491,267
Total net assets or fund balances$376,953
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$25,461,693
Gifts, grants, contributions, and membership fees received$25,415,712
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$45,981
Gross receipts from related activities, etc.$1,121,841
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Romanian-American Enterprise Fund545 5th Ave Rm 300, New York, NY 10017-3652NY1995-09$8,303,368
2Albanian-American Enterprise Fund780 3rd Ave Fl 46, New York, NY 10017-2024NY1995-09$6,721,218
3Defense Enterprise Fund, IncNew York, NY 10111NY$153,810
4South-North Development Initiative Inc535 Park Avenue 1-C, New York, NY 10021-8167NY1991-08$38,297
5Technoserve Inc1 Mechanic St, Norwalk, CT 06850-3431CT1969-04$84,219,376
6Dress For Success Worldwide32 E 31st Street, New York, NY 10016-6881NY1999-07$17,753,607
7Serrv International IncPO BOX 365, New Windsor, MD 21776-0365MD1998-11$11,075,355
8Endeavor Global Inc900 Broadway Ste 301, New York, NY 10003-1240NY1997-10$10,286,284
9Financial Services Volunteer Corps Inc10 E 53rd St Fl 36, New York, NY 10022-5052NY1990-08$5,429,917
10Junior Achievement Of New York420 Lexington Ave Rm 205, New York, NY 10170-0299NY1994-05$3,854,227
11Village Enterprise Fund Inc751 Laurel St 222, San Carlos, CA 94070-3113CA1988-02$1,641,355
12Shared Interest Inc121 W 27th St Ste 805, New York, NY 10001-6262NY1995-09$1,462,990
13Women Thrive Worldwide, Womens Edge1726 M St Nw Ste 1075, Washington, DC 20036-4527DC1999-02$982,923
14Junior Achievement Of Northeastern New York8 Stanley Cir, Latham, NY 12110-2606NY1994-05$982,073
15Ten Thousand Village National Capital Area Inc915 King Street, Alexandria, VA 22314-3089VA1995-05$766,091
16One World Goods Inc3349 Monroe Avenue, Rochester, NY 14618-5513NY1994-04$740,896
17Seed Capital Development Fund Ltd1280 5th Ave Apt 8a, New York, NY 10029-7806NY1992-12$507,649
18The Flax Trust320 Park Ave Frnt 4, New York, NY 10022-6815NY1985-06$104,990
19Molise Economic Planning And Development Foundation Inc110 East 59th Street 22nd Floor, New York, NY 10022NY2009-08$0
20New Ideas For Export Development Aid Inc2 Beekman Place, New York, NY 10022-8058NY1992-06$0
Number of organizations performing similar types of work
Alaska1
Alabama4
Arkansas2
Arizona3
California13
Colorado7
Connecticut4
District of Columbia16
Delaware1
Florida14
Georgia3
Hawaii2
Iowa2
Idaho1
Illinois13
Indiana8
Kansas2
Kentucky5
Louisiana3
Massachusetts6
Maryland9
Maine2
Michigan9
Minnesota4
Missouri2
Mississippi2
North Carolina7
Nebraska1
New Jersey7
New Mexico1
Nevada1
New York25
Ohio13
Oklahoma2
Oregon4
Pennsylvania13
Rhode Island1
South Carolina4
South Dakota2
Tennessee8
Texas11
Utah3
Virginia7
Washington2
Wisconsin1
West Virginia1
International5
Total257

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