Veritas Life Adventures in Arlington, Texas (TX)
Table of contents:
| Veritas Life Adventures | |
| Employer Identification Number (EIN) | 453706529 |
| Name of Organization | Veritas Life Adventures |
| Address | 4900 Bradley Ln, Arlington, TX 76017-3051 |
| Subsection | Charitable Organization |
| Ruling Date | 02/2012 |
| 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 | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $49,771 |
| Amount of Income | $198,806 |
| Form 990 Revenue Amount | $198,806 |
| National Taxonomy of Exempt Entities (NTEE) | Youth Development: Youth Development - Religious Leadership |
Non-representatives - add comments:
Amount of income in 2013: $198,806 (it was $153,253 in 2012)
| This organization: | $198,806 |
| Other organizations performing similar types of work: | $103,745 |
Assets in 2013: $49,771 (it was $29,212 in 2012)
| Veritas Life Adventures: | $49,771 |
| Other organizations performing similar types of work: | $35,711 |
Expenses in 2013: $181,088
| Veritas Life Adventures: | $181,088 |
| Other organizations performing similar types of work: | $110,730 |
Income to expenses ratio in 2013: 1.1
| Veritas Life Adventures: | 1.1 |
| Other organizations performing similar types of work: | 0.9 |
Grants share in income in 2013: 99.9%
| Veritas Life Adventures: | 99.9% |
| Other organizations performing similar types of work: | 9.9% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $153,253 | $198,806 |
| Contributions, gifts, grants, and similar amounts received | $152,203 | $198,677 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $50 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $1,050 | $79 |
| Total expenses | $125,096 | $181,088 |
| Total net assets | $28,157 | $45,875 |
| Excess/Deficit for the year | $28,157 | $17,718 |
| Net assets or fund balances at beginning of year | $0 | $28,157 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $28,157 | $45,875 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $29,212 | $49,771 |
| Total liabilities | $1,055 | $3,896 |
| Net assets or fund balances | $28,157 | $45,875 |
| Other Information | ||
| 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 |
| 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 |
| 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 | 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: (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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $350,758 |
| Subtotal | $350,758 |
| Gifts, grants, contributions, and membership fees received | $350,758 |
| 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 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $350,758 |
| Public support | $350,758 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Veritas Life Adventures | 4900 Bradley Ln, Arlington, TX 76017-3051 | TX | 2012-02 | $198,806 |
| 2 | Reach Beyond Mission | 15907 Braesgate Dr, Austin, TX 78717-4817 | TX | 2013-11 | $69,435 |
| 3 | Youth Direct Ministries Inc, Smart Don | PO BOX 764499, Dallas, TX 75376-4499 | TX | 2014-08 | $54,416 |
| 4 | International Youth Friendship And Development Program Inc | P O Box 21182, Houston, TX 77226 | TX | 2004-03 | $54,270 |
| 5 | Jesus Loves Jeans Inc | 903 Greenbriar Ave, Keene, TX 76059-2012 | TX | 2011-06 | $15,767 |
| 6 | Alas De Dios | 719 Cabernet Ct, Grapevine, TX 76051 | TX | 2014-12 | $0 |
| 7 | Bradshaw Christian Ranch Inc | 454 Audra Lane, Winters, TX 79567 | TX | 2006-10 | $0 |
| 8 | Camp Change | Po Box 50952, Denton, TX 76206 | TX | 2010-08 | $0 |
| 9 | Camp Lms Inc | 1041 Private Road 2176, Giddings, TX 78942 | TX | 2002-06 | $0 |
| 10 | Cherokee County Umca | 308 S Ragsdale St, Jacksonville, TX 75766-4936 | TX | 2004-09 | $0 |
| 11 | Chosen Temple Of God Inc | PO BOX 170014, Irving, TX 75017-0014 | TX | 2009-09 | $0 |
| 12 | Dallas City Wide Youth For Christ | 2431 S Marsalis Ave, Dallas, TX 75216-2316 | TX | 2012-05 | $0 |
| 13 | Daughters Of Our Living Lord & Savior, Dolls | 1105 E Main Street 217, Allen, TX 75002 | TX | 2011-05 | $0 |
| 14 | Ellises Inc, College Bound | 3324 Longleaf Circle, College Station, TX 77845 | TX | 2007-08 | $0 |
| 15 | Ewes Equipping Women For Exceptional Service | 3113 Vista Heights Lane, Highland Village, TX 75077 | TX | 2015-02 | $0 |
| 16 | Extreme Project Youth New Life Christian Center | 1201 Sutters Way, Mesquite, TX 75181-1087 | TX | 2000-07 | $0 |
| 17 | Five8 Motocross Inc | 6950 Freda Ln, Wylie, TX 75098-4754 | TX | 2015-01 | $0 |
| 18 | Gateway To Pearls Debutante Program And Ball | 1905 Ponce De Leon, Windcrest, TX 78239-3277 | TX | 2015-04 | $0 |
| 19 | Generation X Plosion | 22715 Leedstown Ln, Katy, TX 77449-3601 | TX | 1998-12 | $0 |
| 20 | Global Achievers Outreach Services | 2115 Mouser Lane, Dallas, TX 75203 | TX | 2012-06 | $0 |
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