Bangs Economic Development Corporation Inc in Bangs, Texas (TX)

Organization representatives - add corrected or new information about Bangs Economic Development Corporation Inc »

Non-representatives - add comments about Bangs Economic Development Corporation Inc»

Bangs Economic Development Corporation Inc
Employer Identification Number (EIN)261987990
Name of OrganizationBangs Economic Development Corporation Inc
Address109 S 1st St, Bangs, TX 76823-3144
SubsectionCharitable Organization
Ruling Date04/2014
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 Period09/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$158,478
Amount of Income$35,117
Form 990 Revenue Amount$35,117
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development


Non-representatives - add comments:


CAPTCHA

Your IP address 54.224.151.24 will be logged.

Amount of income in 2013: $35,117
This organization: 

 $35,117
Other organizations performing similar types of work: 

 $135,279

Assets in 2013: $158,478
This organization: 

 $158,478
Other organizations performing similar types of work: 

 $114,906

Expenses in 2013: $53,818
Bangs Economic Development Corporation Inc: 

 $53,818
Other organizations performing similar types of work: 

 $121,073

Income to expenses ratio in 2013: 0.7
This organization: 

 0.7
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2013: 100.0%
Bangs Economic Development Corporation Inc: 

 100.0%
Other organizations performing similar types of work: 

 8.8%

Financial snapshot for 2013 ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$35,117
Contributions, gifts, grants, and similar amounts received$35,101
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$16
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$53,818
Total net assets$89,002
Excess/Deficit for the year$-18,701
Net assets or fund balances at beginning of year$108,902
Other changes in net assets or fund balances$-1,199
Net assets or fund balances at end of year$89,002
Balance Sheets
2013
Total assets$158,478
Total liabilities$69,476
Net assets or fund balances$89,002
Other Information
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?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?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
Gross receipts for public use of club facilities$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
Reason for Public Charity Status (for 2013)
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)
Number of organizations supported1
Sum of amounts of support$35,101
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Bangs Economic Development Corporation Inc to others? (optional)
  
Add photo of Bangs Economic Development Corporation Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1West River Foundation For Economic And Community DevelopmentPO BOX 605, Sturgis, SD 57785-0605SD2000-10$1,093,865
2Whole Planet Foundation550 Bowie St, Austin, TX 78703-4644TX2007-07$12,991,792
3Galveston Port Facilities Corporation123 Rosenberg 8th Flr, Galveston, TX 77550-1403TX2005-03$8,492,729
4San Antonio Economic Development Corporation100 Military Plz, San Antonio, TX 78205-2425TX2014-09$3,066,006
5Greater San Marcos Economic Development Corporation202 N C M Allen Pkwy, San Marcos, TX 78666-5732TX2010-08$1,147,239
6Taylor Economic DevelopmentPO BOX 975, Taylor, TX 76574-0975TX1995-04$918,059
7Wharton Economic Development Corp1944 N Fulton St, Wharton, TX 77488-2845TX2001-11$706,572
8Anna Community Development CorporationPO BOX 776, Anna, TX 75409-0776TX2011-06$394,370
9Anna Economic Development CorporationPO BOX 776, Anna, TX 75409-0776TX2011-03$372,375
10West Columbia Economic Development CorporationPO BOX 487, West Columbia, TX 77486-0487TX2002-10$343,479
11Promote Houston Ship Channel 2014 Inc111 East Loop N, Houston, TX 77029-4326TX2014-04$300,000
12Downtown Amarillo IncPO BOX 15108, Amarillo, TX 79105-5108TX2011-08$290,431
13Lake Highlands Improvement District Corporation9090 Skillman 182-A Pmb 101, Dallas, TX 75243-8278TX2011-01$261,566
14Row House Community DevelopmentPO BOX 14091, Houston, TX 77221-4091TX2004-01$240,562
15The City Of Refuge Of Houston Inc4170 W Greens Rd, Houston, TX 77066-4850TX2000-11$231,403
16Knox Street Improvement District Corporation8115 Preston Road, Dallas, TX 75225-6330TX2011-07$204,089
17United Brownsville Coordinating Board Inc1301 E Madison St, Brownsville, TX 78520-5757TX2012-01$203,095
18Mannaworks, Sharefest WacoPO BOX 5383, Waco, TX 76708-0383TX2010-02$185,765
19501 Procter Street Inc4173 39th St, Port Arthur, TX 77642-2227TX2014-09$183,286
20Tye Industrial Development Corporation Inc, TidcoPO BOX 125, Tye, TX 79563-0125TX2006-08$164,504
Number of organizations performing similar types of work
Alaska23
Alabama64
Arkansas29
Arizona41
California299
Colorado47
Connecticut39
District of Columbia35
Delaware8
Florida134
Georgia71
Hawaii27
Iowa63
Idaho15
Illinois108
Indiana79
Kansas46
Kentucky50
Louisiana73
Massachusetts46
Maryland54
Maine37
Michigan101
Minnesota55
Missouri99
Mississippi38
Montana36
North Carolina125
North Dakota13
Nebraska37
New Hampshire25
New Jersey61
New Mexico41
Nevada16
New York213
Ohio149
Oklahoma39
Oregon51
Pennsylvania173
Rhode Island6
South Carolina63
South Dakota34
Tennessee56
Texas168
Utah17
Virginia62
Vermont16
Washington47
Wisconsin61
West Virginia39
Wyoming14
International10
Total3,253

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Bangs Economic Development Corporation Inc and has no official or unofficial affiliation with Bangs Economic Development Corporation Inc