Hope For Your Future Inc in Cordova, Tennessee (TN)
Table of contents:
| Hope For Your Future Inc | |
| Employer Identification Number (EIN) | 631212789 |
| Name of Organization | Hope For Your Future Inc |
| In Care of Name | JOHN S GAINES |
| Address | 128 Beaver Valley Cove South, Cordova, TN 38018 |
| Subsection | Literary Organization |
| Ruling Date | 11/2005 |
| Deductibility | Contributions are not deductible |
| Foundation | Organization 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 |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2014 |
| Assets | $0 |
| Income | $0 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $47,997 |
| Amount of Income | $30,935 |
| Form 990 Revenue Amount | $30,935 |
| National Taxonomy of Exempt Entities (NTEE) | Religion-Related, Spiritual Development: Religion Related, Spiritual Development (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2011
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011) | |
| Total revenue | $30,935 |
| Contributions, gifts, grants, and similar amounts received | $395 |
| Program service revenue including government fees and contracts | $0 |
| Membership dues and assessments | $0 |
| Investment income | $39 |
| Gain from sale of assets other than inventory | $0 |
| Net income from gaming and fundraising events | $0 |
| Gross profit from sales of inventory | $30,501 |
| Gross sales of inventory, less returns and allowances | $54,745 |
| Less: cost of goods sold | $24,244 |
| Other revenue | $0 |
| Total expenses | $32,185 |
| Total net assets | $47,817 |
| Deficit for the year | $-1,250 |
| Net assets or fund balances at beginning of year | $49,067 |
| Other changes in net assets or fund balances | $0 |
| Balance Sheets (for 2011) | |
| Total assets | $47,997 |
| Total liabilities | $180 |
| Net assets or fund balances | $47,817 |
| Other Information (for 2011) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
| 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 | $161,572 |
| Gifts, grants, contributions, and membership fees received | $75,698 |
| 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 | $84,568 |
| 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 | $1,306 |
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