Asset Network For Educationworldwide Inc in Pasadena, California (CA)

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Asset Network For Educationworldwide Inc
Employer Identification Number (EIN)203884159
Name of OrganizationAsset Network For Educationworldwide Inc
In Care of NameRose Tourje
Address1443 E Washington Blvd 633, Pasadena, CA 91104-2650
SubsectionCharitable Organization
Ruling Date01/2007
DeductibilityContributions are deductible
FoundationOrganization 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
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$132,162
Amount of Income$424,560
Form 990 Revenue Amount$424,560
National Taxonomy of Exempt Entities (NTEE)Environmental Quality, Protection and Beautification: Recycling Programs

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Amount of income in 2011: $424,560 (it was $1,164,895 in 2010)
Asset Network For Educationworldwide Inc: 

Other organizations performing similar types of work: 


Assets in 2011: $132,162 (it was $127,076 in 2010)
Asset Network For Educationworldwide Inc: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$424,560
Contributions, Gifts, Grants and Other Similar Amounts$365,994
Program Service Revenue$56,300
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$13
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$2,253
Statement of Functional Expenses (for 2011)
Total functional expenses$436,909
Compensation of current officers, directors, trustees, and key employees$104,461
Other salaries and wages$6,469
Payroll taxes$7,359
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$132,162
Total liabilities$8,936
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$123,226
Retained earnings, endowment, accumulated income, or other funds$123,226
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$3,210,091
Gifts, grants, contributions, and membership fees received$2,024,885
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$1,182,587
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$13
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Number of organizations performing similar types of work
District of Columbia7
North Carolina10
North Dakota3
New Hampshire2
New Jersey5
New Mexico9
New York27
Rhode Island5
South Carolina4
South Dakota2
West Virginia1
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