Veteransaid Foundation Inc in New York, New York (NY)

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Veteransaid Foundation Inc
Employer Identification Number (EIN)273287525
Name of OrganizationVeteransaid Foundation Inc
In Care of NameVINCENT MCGOWAN
AddressC/O Skody 520 8th Avenue No 2200, New York, NY 10018
WebsiteN/A
SubsectionCharitable Organization
Ruling Date08/2011
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$19,272
Amount of Income$55,302
Form 990 Revenue Amount$55,302
National Taxonomy of Exempt Entities (NTEE)Public, Society Benefit - Multipurpose and Other: Fund Raising and/or Fund Distribution


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Amount of income in 2013: $55,302 (it was $55,302 in 2011)
Veteransaid Foundation Inc: 

 $55,302
Other organizations performing similar types of work: 

 $75,162

Assets in 2013: $19,272 (it was $19,272 in 2011)
Veteransaid Foundation Inc: 

 $19,272
Other organizations performing similar types of work: 

 $27,091

Expenses in 2011: $149,990
Veteransaid Foundation Inc: 

 $149,990
Other organizations performing similar types of work: 

 $45,997

Income to expenses ratio in 2011: 0.4
Veteransaid Foundation Inc: 

 0.4
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2011: 100.0%
Veteransaid Foundation Inc: 

 100.0%
Other organizations performing similar types of work: 

 27.4%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$55,302
Contributions, gifts, grants, and similar amounts received$55,302
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$149,990
Total net assets$-95,713
Deficit for the year$-94,688
Net assets or fund balances at beginning of year$-1,025
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$19,272
Total liabilities$114,985
Net assets or fund balances$-95,713
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$105,302
Gifts, grants, contributions, and membership fees received$105,302
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$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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Dr Edward B Shils Entrepreneurial Fund Inc135 Duryea Road E-290, Melville, NY 11747NY2012-06$94,061
2Walter And Edward Luedke Memorial Foundation Inc335 Sarah Wells Trl, Goshen, NY 10924-5108NY2003-06$92,891
3Fukien Benevolent Association Of America Inc125 East Broadway, New York, NY 10002-6349NY2010-11$81,073
4Allegany County Cancer Services Inc100 S Highland Ave, Wellsville, NY 14895NY2011-02$75,162
5Veteransaid Foundation IncC/O Skody 520 8th Avenue No 2200, New York, NY 10018NY2011-08$55,302
6The Fund For Public Advocacy Inc1 Centre Street 15th Floor, New York, NY 10007NY2002-10$46,758
7Richies Spirit FoundationPO BOX 390, New York, NY 10276-0390NY2010-05$29,004
8Friends Of St Anns ChurchC/O Arold 51 Powder Mill Bridge Rd, Kingston, NY 12401NY2014-12$8,865
9Association To Reduce The National Debt Inc939 Springview Dr, Endicott, NY 13760-6620NY2014-05$7,474
10Bonim Lamokom Inc425 E 9th St, Brooklyn, NY 11218-5209NY2001-08$0
11Clements Charitable Foundation Inc41 Etna Pl, Nanuet, NY 10954-1105NY2014-12$0
12County Roscommon Society Of New Yorkinc1649 212th Street, Bayside, NY 11360NY2015-02$0
13Dorothy M Hamilton & Fred Hamilton Foundation8212 3rd Ave, Brooklyn, NY 11209-4442NY2014-11$0
14El Paraiso De Los Ninos Inc80 Baruch Drive Apat 2b, New York, NY 10002NY2012-09$0
15Emergency Services Assistance Fund Inc42 West 38th Street 901, New York, NY 10018NY2014-09$0
16Euphoria Project1224 East 101 Street, Brooklyn, NY 11236NY2012-08$0
17Finest Gaelic Football Club IncPO BOX 35, Bronx, NY 10470NY2014-08$0
18Global Millennium Development Foundation Inc333 Rector Pl Apt 1005, New York, NY 10280-1219NY2014-11$0
19Greatestgood Org Inc150 Myrtle Ave Apt 601, Brooklyn, NY 11201NY2014-08$0
20Harrison Pba Foundation IncPO BOX 127, Harrison, NY 10528NY2014-09$0
Number of organizations performing similar types of work
Alabama6
Arkansas4
Arizona9
California72
Colorado13
Connecticut8
District of Columbia2
Delaware3
Florida43
Georgia10
Iowa6
Idaho2
Illinois28
Indiana13
Kansas7
Kentucky12
Louisiana7
Massachusetts20
Maryland21
Maine4
Michigan22
Minnesota10
Missouri18
Mississippi3
Montana6
North Carolina17
North Dakota1
Nebraska5
New Hampshire2
New Jersey36
New Mexico6
Nevada7
New York44
Ohio26
Oklahoma7
Oregon8
Pennsylvania24
Rhode Island2
South Carolina10
South Dakota1
Tennessee5
Texas54
Utah5
Virginia17
Vermont2
Washington10
Wisconsin11
West Virginia2
Wyoming4
Total655

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