Carver Promise in Richmond, Virginia (VA)

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Carver Promise
Employer Identification Number (EIN)541602878
Name of OrganizationCarver Promise
AddressPO BOX 25817, Richmond, VA 23260-5817
ActivitiesOther student aid
SubsectionCharitable Organization
Ruling Date02/1992
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period06/2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$28,430
Amount of Income$66,205
Form 990 Revenue Amount$66,205
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Student Services, Organizations of Students


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Amount of income in 2012: $66,205 (it was $83,283 in 2011)
Carver Promise: 

 $66,205
Other organizations performing similar types of work: 

 $131,224

Assets in 2012: $28,430 (it was $55,180 in 2011)
Carver Promise: 

 $28,430
Other organizations performing similar types of work: 

 $127,246

Expenses in 2012: $92,803
This organization: 

 $92,803
Other organizations performing similar types of work: 

 $99,176

Income to expenses ratio in 2012: 0.7
This organization: 

 0.7
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2012: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 20.6%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$66,205
Contributions, gifts, grants, and similar amounts received$66,193
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$12
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$92,803
Total net assets$28,430
Deficit for the year$-26,598
Net assets or fund balances at beginning of year$55,180
Other changes in net assets or fund balances$-152
Balance Sheets (for 2012)
Total assets$28,430
Total liabilities$0
Net assets or fund balances$28,430
Other Information (for 2012)
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 2012)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$531,023
Gifts, grants, contributions, and membership fees received$530,609
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$414
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Virginia Tech Services Inc115 Kent St, Blacksburg, VA 24061-0407VA1967-12$23,480,750
2Student Cooperative Association Inc319 Pratt Dr, Indiana, PA 15701-2954PA1937-11$14,924,884
3The University Of Virginias College At Wise Foundation Inc1 College Ave, Wise, VA 24293-4400VA1993-03$7,863,436
4Gymstrada Team Parents Association5644 Parliament Dr, Virginia Bch, VA 23462-3319VA1982-09$2,610,703
5Technology Student Association1914 Association Drive, Reston, VA 20191-1538VA1980-07$2,275,050
6Virginia Maritime Heritage Foundation500 E Main St Ste 600, Norfolk, VA 23510-2214VA1998-04$297,866
7Virginia Society For Technology In Education9702 Gayton Rd Pmb 149, Richmond, VA 23238-4907VA1991-10$293,880
8Virginia Law Review Association580 Massie Rd, Charlottesvle, VA 22903-1789VA1969-07$177,979
9The Cavalier Daily IncPO BOX 400703, Charlottesvle, VA 22904-4703VA1995-05$139,464
10T C Williams High School Band Boosters IncPo Box 3452, Alexandria, VA 22302VA1994-06$82,682
11Carver PromisePO BOX 25817, Richmond, VA 23260-5817VA1992-02$66,205
12Chesterfield Cheerleader League15100 Harrowgate Rd, Chester, VA 23831-6921VA1998-06$7,985
13First Baptist Church Preschool Academy2920 Kingsdale Road, Richmond, VA 23237-3410VA1997-02$0
14Iris Network For Teachers And Schools IncPO BOX 29424, Richmond, VA 23242-0424VA1991-12$0
15Laurel Park High School Booster Club Inc411 E Church St, Martinsville, VA 24112-2910VA1997-08$0
16Science Education Foundation Of Williamsburg-James City CountyPO BOX 1094, Williamsburg, VA 23187-1094VA1992-09$0
17Tdn Enterprises Inc, The Cold Call Chronicle100 Darden Blvd, Charlottesville, VA 22903VA1997-11$0
18Technology Student Association Inc, Alabama Tech Association1914 Association Dr, Reston, VA 20191-1538VA1980-07$0
19Varina Band Boosters Club2509 Gay Ave, Richmond, VA 23231-1923VA1998-07$0
20Virginia Council For International Education Inc1492 Smitihfield Drive, Blacksburg, VA 24060VA1997-06$0
Number of organizations performing similar types of work
Alabama8
Arkansas5
Arizona6
California86
Colorado11
Connecticut8
District of Columbia7
Delaware1
Florida37
Georgia15
Hawaii6
Iowa8
Illinois22
Indiana19
Kansas5
Kentucky14
Louisiana8
Massachusetts12
Maryland7
Michigan24
Minnesota14
Missouri17
Mississippi2
Montana1
North Carolina18
North Dakota2
Nebraska9
New Hampshire4
New Jersey17
New Mexico4
Nevada2
New York58
Ohio39
Oklahoma4
Oregon11
Pennsylvania28
Rhode Island1
South Carolina2
South Dakota1
Tennessee6
Texas43
Utah2
Virginia19
Vermont2
Washington13
Wisconsin16
West Virginia3
Wyoming2
International3
Total652

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