Myas Promise Inc in Stillwater, Oklahoma (OK)
Table of contents:
| Myas Promise Inc | |
| Employer Identification Number (EIN) | 204375990 |
| Name of Organization | Myas Promise Inc |
| In Care of Name | Jimmy Gonzales Jr |
| Address | PO BOX 1042, Stillwater, OK 74076-1042 |
| Subsection | Charitable Organization |
| Ruling Date | 01/2007 |
| 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 | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $451,246 |
| Amount of Income | $19,823 |
| Form 990 Revenue Amount | $19,823 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2013: $19,823 (it was $428,158 in 2012)
| This organization: | $19,823 |
| Other organizations performing similar types of work: | $67,593 |
Assets in 2013: $451,246 (it was $451,498 in 2012)
| Myas Promise Inc: | $451,246 |
| Other organizations performing similar types of work: | $38,144 |
Expenses in 2013: $20,075
| This organization: | $20,075 |
| Other organizations performing similar types of work: | $42,291 |
Income to expenses ratio in 2013: 1.0
| Myas Promise Inc: | 1.0 |
| Other organizations performing similar types of work: | 2.4 |
Grants share in income in 2013: 94.9%
| This organization: | 94.9% |
| Other organizations performing similar types of work: | 98.6% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $9,331 | $19,823 | |
| Contributions, gifts, grants, and similar amounts received | $5,655 | $18,810 | |
| Program service revenue including government fees and contracts | $0 | $0 | |
| Membership dues and assessments | $0 | $0 | |
| Investment income | $130 | $1,013 | |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | |
| Net income/loss from gaming and fundraising events | $3,546 | $723 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | |
| Other revenue | $0 | $0 | |
| Total expenses | $22,460 | $20,075 | |
| Total net assets | $33,852 | $451,246 | |
| Excess/Deficit for the year | $-13,129 | $-252 | |
| Net assets or fund balances at beginning of year | $46,981 | $451,498 | |
| Other changes in net assets or fund balances | $0 | $0 | |
| Net assets or fund balances at end of year | $451,246 | ||
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $33,852 | $451,498 | $451,246 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $33,852 | $451,246 | |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | ||
| Were any significant changes made to the organizing or governing documents? | Yes | ||
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | 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 | ||
| Amount of political expenditures, direct or indirect | $0 | ||
| Did the organization file Form 1120-POL for this year? | 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 | ||
| Total amount involved | $0 | ||
| Initiation fees and capital contributions | $0 | $0 | |
| Gross receipts for public use of club facilities | $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 | ||
| 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 | $488,888 |
| Subtotal Support | $488,888 |
| Gifts, grants, contributions, and membership fees received | $488,888 |
| 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 | $490,650 |
| Public Support | $488,888 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $1,762 |
| 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 | $0 |
| Gross receipts from related activities, etc. | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Southwest Childrens Swing For Life | 3911 E Chandler Blvd Pmb 123, Phoenix, AZ 85048 | AZ | 2007-03 | $75,238 |
| 2 | Kathleen S Craft Foundation | 4401 Oak Rd, Tulsa, OK 74105-4222 | OK | 2013-06 | $14,312,292 |
| 3 | Faithworks Of The Inner City Inc | 301 Elwood Dr, Edmond, OK 73013-5265 | OK | 2003-04 | $670,306 |
| 4 | Bob Stoops Champions Foundation Inc | 180 W Brooks, Norman, OK 73069 | OK | 2001-11 | $573,808 |
| 5 | Elite Repeat Serving Stillwater Inc | 711 S Main St, Stillwater, OK 74074-4669 | OK | 2003-03 | $376,059 |
| 6 | Scramble For Kids Inc | 830 Oak Tree Dr, Ardmore, OK 73401-1176 | OK | 2009-05 | $213,800 |
| 7 | Million Miles 4 Christ Ministry Inc | 3757 E 82nd Ct, Tulsa, OK 74137-1604 | OK | 2012-06 | $173,014 |
| 8 | Nick Harroz Jr Family Foundation | 3315 Nw 63rd St Ste B, Oklahoma City, OK 73116-3787 | OK | 2005-03 | $135,263 |
| 9 | Southwestern Urban Foundation | 12716 Val Verde Dr, Oklahoma City, OK 73142-5421 | OK | 2003-04 | $46,838 |
| 10 | Myas Promise Inc | PO BOX 1042, Stillwater, OK 74076-1042 | OK | 2007-01 | $19,823 |
| 11 | Dress For Success Oklahoma City Inc | 710 N Broadway Ave, Oklahoma City, OK 73102-6007 | OK | 2014-11 | $8,626 |
| 12 | Cherokee West Genealogy Research And Development Association | 101 Se Freeman St Po Box 241, Canadian, OK 74425 | OK | 2007-04 | $0 |
| 13 | Country Harvest Antique & Craft Festival | 725 N Elm St, Ponca City, OK 74601-3202 | OK | 2002-06 | $0 |
| 14 | Minority Humanitarian Foundation Inc | 1027 East 41 Street Ste 15, Tulsa, OK 74105 | OK | 2004-09 | $0 |
| 15 | Nowata County Caring Center | PO BOX 45, Nowata, OK 74048-0045 | OK | 2002-04 | $0 |
| 16 | Precious Child Foundation | 5123 E 86th Pl, Tulsa, OK 74137 | OK | 2012-08 | $0 |
| 17 | Red Earth Hospice Foundation Inc | 681 E 135th St, Glenpool, OK 74033-2226 | OK | 2006-06 | $0 |
| 18 | Shock Community Foundation | Po Box 25523, Oklahoma City, OK 73125 | OK | 2014-06 | $0 |
| 19 | Somebodys Mama | 409 Woodbine Cir, Norman, OK 73072-4613 | OK | 2015-03 | $0 |
| 20 | Voices In The Dark Foundation | PO BOX 5973, Edmond, OK 73083-5973 | OK | 2015-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 2,511 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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