Governance Matters Inc in New York, New York (NY)
Table of contents:
| Governance Matters Inc | |
| Employer Identification Number (EIN) | 050567459 |
| Name of Organization | Governance Matters Inc |
| In Care of Name | The B B B Of Metropolitan New Yor |
| Address | 4 W 104th St Apt Lb, New York, NY 10025-4318 |
| Subsection | Educational Organization, Charitable Organization |
| Ruling Date | 11/2003 |
| 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 | 04/2014 |
| Assets | $1 to $9,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $3,064 |
| Amount of Income | $10,194 |
| Form 990 Revenue Amount | $10,194 |
| National Taxonomy of Exempt Entities (NTEE) | Public, Society Benefit - Multipurpose and Other: Leadership Development |
Non-representatives - add comments:
Amount of income in 2014: $10,194 (it was $21,737 in 2013)
| Governance Matters Inc: | $10,194 |
| Other organizations performing similar types of work: | $88,573 |
Assets in 2014: $3,064 (it was $2,125 in 2013)
| Governance Matters Inc: | $3,064 |
| Other organizations performing similar types of work: | $48,552 |
Expenses in 2013: $28,876
| This organization: | $28,876 |
| Other organizations performing similar types of work: | $83,323 |
Income to expenses ratio in 2013: 0.4
| Governance Matters Inc: | 0.4 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 60.1%
| This organization: | 60.1% |
| Other organizations performing similar types of work: | 96.2% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $17,751 | $7,392 | $21,737 |
| Contributions, gifts, grants, and similar amounts received | $0 | $600 | $13,060 |
| Program service revenue including government fees and contracts | $0 | $0 | $4,920 |
| Membership dues and assessments | $17,744 | $9,031 | $3,750 |
| Investment income | $7 | $11 | $7 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $-2,250 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $9,177 | $9,055 | $28,876 |
| Total net assets | $9,902 | $8,239 | $1,100 |
| Excess/Deficit for the year | $8,574 | $-1,663 | $-7,139 |
| Net assets or fund balances at beginning of year | $1,328 | $9,902 | $8,239 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $8,239 | $1,100 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $9,902 | $8,254 | $2,125 |
| Total liabilities | $0 | $15 | $1,025 |
| Net assets or fund balances | $9,902 | $8,239 | $1,100 |
| 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 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 supported | 0 |
| 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 | $107,446 |
| Subtotal Support | $107,446 |
| Gifts, grants, contributions, and membership fees received | $107,446 |
| 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 | $0 |
| Total Support | $117,253 |
| Public Support | $107,446 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $166 |
| 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 | $9,641 |
| Gross receipts from related activities, etc. | $250 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Glynwood Center Inc | Rte 301, Cold Spring, NY 10516 | NY | 1996-01 | $14,569,684 |
| 2 | Elizabeth & Michel Sorel Charitable Organization Inc | 25 W 45th St Ste 504, New York, NY 10036-4902 | NY | 1997-07 | $1,737,574 |
| 3 | Games For Change Inc | 261 Madison Ave 9f, New York, NY 10016-2303 | NY | 2009-06 | $675,316 |
| 4 | New Leaders Council | 116 W 23rd St Fl 5, New York, NY 10011-2599 | NY | 2009-09 | $653,927 |
| 5 | Arttable Inc | 1 E 53rd St Fl 5, New York, NY 10022-4239 | NY | 1982-04 | $516,550 |
| 6 | Rotary Leadership Institute Of Northeast America Inc | 3751 Middle Reservation Rd, Perry, NY 14530-9559 | NY | 2005-07 | $112,753 |
| 7 | French Entrepreneurship Friendship Society Inc, Club 600 | C/O Constantin 575 Madison Ave, New York, NY 10022 | NY | 2011-05 | $85,595 |
| 8 | Walter K Hoerning Endowment Fund | 285 Fifth Ave Ste 453, Brooklyn, NY 11215-2425 | NY | 1994-08 | $35,485 |
| 9 | Asian Women Leadership Network Inc | Po Box 1047, New York, NY 10163-1047 | NY | 2006-09 | $11,940 |
| 10 | A New Equilibrium | 8 Van Brunt Manor Rd, East Setauket, NY 11733-3937 | NY | 2010-10 | $0 |
| 11 | Adsila Retreat Inc | Po Box 381, Brant Lake, NY 12815 | NY | 2014-10 | $0 |
| 12 | Concrete Rose Leadership | PO BOX 1453, Spring Valley, NY 10977 | NY | 2011-01 | $0 |
| 13 | Ladydrinks Inc | 25 W 85th St Apt 4b, New York, NY 10024-4142 | NY | 2014-07 | $0 |
| 14 | Origins Partnership | 30 Seminary Dr, Barrytown, NY 12507 | NY | 2015-03 | $0 |
| 15 | Ronghui Foundation | 29 Somerset Dr S, Great Neck, NY 11020-1821 | NY | 2014-12 | $0 |
| 16 | Shakaba Inc | 414 Union St, Schenectady, NY 12305 | NY | 2005-03 | $0 |
| 17 | Silver Squirrel Foundation Inc, Silver Squirrel Foundation | 146 West 57th Street Ph C, New York, NY 10019-3301 | NY | 2014-07 | $0 |
| 18 | Swag Bk Nyc Inc | 1640 New York Ave, Brooklyn, NY 11210-3345 | NY | 2014-07 | $0 |
| 19 | The Senior Society Of Nacoms Inc | 1537 Broadway 101, New York, NY 10036 | NY | 2010-10 | $0 |
| 20 | Young Global Leaders Foundation | 200 E 36th St Apt 4e, New York, NY 10016-3644 | NY | 2014-07 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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