Institute For Global Economic Growth in Vienna, Virginia (VA)

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Institute For Global Economic Growth
Employer Identification Number (EIN)141858448
Name of OrganizationInstitute For Global Economic Growth
In Care of NameRichard W Rahn
Address301 Maple Avenue West, Vienna, VA 22180-4301
SubsectionCivic League
Ruling Date03/2004
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$6,599
Amount of Income$3,554
Form 990 Revenue Amount$3,554
National Taxonomy of Exempt Entities (NTEE)Social Science Research Institutes, Services: Alliance/Advocacy Organizations


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Amount of income in 2013: $3,554 (it was $215,000 in 2012)
This organization: 

 $3,554
Other organizations performing similar types of work: 

 $14,043,709

Assets in 2013: $6,599 (it was $66,317 in 2012)
This organization: 

 $6,599
Other organizations performing similar types of work: 

 $8,012,392

Expenses in 2013: $68,970
This organization: 

 $68,970
Other organizations performing similar types of work: 

 $17,700,992

Income to expenses ratio in 2013: 0.1
This organization: 

 0.1
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2013: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 97.5%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$3,554
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$3,554
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$68,970
Total net assets$901
Excess/Deficit for the year$-65,416
Net assets or fund balances at beginning of year$66,317
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$901
Balance Sheets
201120122013
Total assets$29,623$66,317$6,599
Total liabilities$0$0$5,698
Net assets or fund balances$901
Other Information
201120122013
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?NoNo
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?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Americans For Prosperity Foundation2111 Wilson Blvd, Arlington, VA 22201-3001VA1988-01$14,043,709
2Institute For Global Economic Growth301 Maple Avenue West, Vienna, VA 22180-4301VA2004-03$3,554
Number of organizations performing similar types of work
Virginia2
Total2

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