Franciscan Handmaids Of Mary Foundation Inc in New York, New York (NY)

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Franciscan Handmaids Of Mary Foundation Inc
Employer Identification Number (EIN)030597236
Name of OrganizationFranciscan Handmaids Of Mary Foundation Inc
In Care of NameJacqueline Banks
Address15 W 124th St, New York, NY 10027-5634
SubsectionReligious Organization
Ruling Date09/2014
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 Period12/2011
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (religious organization)
Asset Amount$4,141,690
Amount of Income$3,853,820
Form 990 Revenue Amount$59,060
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Roman Catholic


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Amount of income in 2011: $3,853,820 (it was $2,546,984 in 2010)
Franciscan Handmaids Of Mary Foundation Inc: 

 $3,853,820
Other organizations performing similar types of work: 

 $65,509

Assets in 2011: $4,141,690 (it was $4,572,695 in 2010)
Franciscan Handmaids Of Mary Foundation Inc: 

 $4,141,690
Other organizations performing similar types of work: 

 $50,846

Expenses in 2011: $351,450
Franciscan Handmaids Of Mary Foundation Inc: 

 $351,450
Other organizations performing similar types of work: 

 $55,616

Income to expenses ratio in 2011: 11.0
Franciscan Handmaids Of Mary Foundation Inc: 

 11.0
Other organizations performing similar types of work: 

 1.3

Grants share in income in 2011: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 96.0%

Financial snapshot ($)

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
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 2011)
Total revenue$59,060
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$171,319
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-112,259
Gross amount from sales of assets other than inventory (Securities / Other)$3,682,501 / $0
Less: cost or other basis and sales expenses (Securities / Other)$3,794,760 / $0
Gain or (loss) (Securities / Other)$-112,259 / $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 2011)
Total functional expenses$351,450
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$351,450
Balance Sheet (for 2011)
Total assets$4,141,690
Total liabilities$0
Total net assets or fund balances$4,141,690
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Brooklyn Queens Long Island Knanaya Catholic Mission Inc, Bqli Mission384 Clinton Street, Hempstead, NY 11550NY2011-12$189,565
2Mater Ecclesiae Foundation279 Van Sicklen St, Brooklyn, NY 11223-3844NY2013-12$165,055
3San Silverio Shrine Inc124 Oakley Ave, White Plains, NY 10601-3900NY1966-03$104,934
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10World Apostolate Of Fatima Archdiocese Of Ny DivisionPO BOX 101, Croton Falls, NY 10519-0101NY2014-08$301
11Abundant Life Ministries Inc175 Carter St, Rochester, NY 14621-5127NY2001-01$0
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14Agape Full Gospel Worship Center3 Salem Gate, Valley Stream, NY 11580-1193NY2003-03$0
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17Associacion Nuestra Senora De Lujan Inc2924 Grand Boulevard, Baldwin, NY 11510NY2009-07$0
18Brooklyn Catholic Young Adults Inc276 6th Avenue, Brooklyn, NY 11215NY2007-09$0
19Bukas Loob Sa Diyos Albany Inc6 Barrington Ct, Niskayuna, NY 12309NY2011-03$0
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Number of organizations performing similar types of work
Alaska1
Alabama8
Arkansas3
Arizona16
California174
Colorado27
Connecticut15
District of Columbia12
Delaware3
Florida85
Georgia22
Hawaii3
Iowa8
Idaho3
Illinois61
Indiana28
Kansas12
Kentucky20
Louisiana23
Massachusetts157
Maryland21
Maine1
Michigan27
Minnesota20
Missouri29
Mississippi4
Montana2
North Carolina21
North Dakota4
Nebraska10
New Hampshire9
New Jersey35
New Mexico12
Nevada3
New York79
Ohio30
Oklahoma11
Oregon16
Pennsylvania45
Rhode Island10
South Carolina6
South Dakota3
Tennessee7
Texas87
Virginia22
Vermont5
Washington24
Wisconsin30
West Virginia4
Wyoming2
International5
Total1,265

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