Allegany Franciscan Ministries Inc in Palm Harbor, Florida (FL)

Table of contents:

Organization representatives - add corrected or new information about Allegany Franciscan Ministries Inc »

Non-representatives - add comments about Allegany Franciscan Ministries Inc»

Allegany Franciscan Ministries Inc
Employer Identification Number (EIN)581492325
Name of OrganizationAllegany Franciscan Ministries Inc
Address33920 Us Hwy 19 N Ste 269, Palm Harbor, FL 34684-2673
ActivitiesNon financial services of facilities to other organizations
SubsectionCharitable Organization
Ruling Date04/1986
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$50,000,000 to greater
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$121,668,734
Amount of Income$3,950,671
Form 990 Revenue Amount$3,950,671
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Christian


Non-representatives - add comments:


CAPTCHA

Your IP address 50.16.165.62 will be logged.

Amount of income in 2011: $3,950,671
This organization: 

 $3,950,671
Other organizations performing similar types of work: 

 $68,691

Assets in 2011: $121,668,734
Allegany Franciscan Ministries Inc: 

 $121,668,734
Other organizations performing similar types of work: 

 $20,255

Expenses in 2007: $6,995,188
Allegany Franciscan Ministries Inc: 

 $6,995,188
Other organizations performing similar types of work: 

 $89,327

Income to expenses ratio in 2007: 1.7
Allegany Franciscan Ministries Inc: 

 1.7
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 71.7%
Allegany Franciscan Ministries Inc: 

 71.7%
Other organizations performing similar types of work: 

 76.4%

Number of employees in 2007: 5
This organization: 

 5
Other organizations performing similar types of work: 

 6

Employees paid over $50,000 in 2007: 80.0%
Allegany Franciscan Ministries Inc: 

 80.0%
Other organizations performing similar types of work: 

 5.6%

Grants share in income in 2007: 0.0%
Allegany Franciscan Ministries Inc: 

 0.0%
Other organizations performing similar types of work: 

 99.6%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2004200520062007
Total revenue$1,398,497$13,898,371$17,932,192$11,867,136
Contributions, gifts, grants, and similar amounts received$0$0$80,430$0
Contributions to donor advised funds$0$0
Direct public support$0$0$80,430$0
Indirect public support$0$0$0$0
Government contributions (grants)$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0
Membership dues and assessments$0$0$0$0
Interest on savings and temporary cash investments$4,397$3,133,448$3,025,962$2,299,200
Dividends and interest from securities$0$0$0$0
Net rental income or (loss)$0$0$0$0
Gross rents$0$0$0$0
Less: rental expenses$0$0$0$0
Other investment income$0$10,451,253$14,794,881$9,549,979
Gain or (loss) from sales of assets other than inventory$0$-70,895$-9,997$0
Gross amount from sales of assets other than inventory$0$1,380$0$0
Less: cost or other basis and sales expenses$0$72,275$9,997$0
Net income or (loss) from special events and activities$0$0$0$0
Gross revenue$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0
Less: cost of goods sold$0$0$0$0
Other revenue$1,394,100$384,565$40,916$17,957
Total expenses$1,303,316$6,571,503$5,765,517$6,995,188
Program services$0$2,697,880$2,723,635$5,015,480
Management and general$1,303,316$3,873,623$3,041,882$1,979,708
Fundraising$0$0$0$0
Payments to affiliates$0$0$0$0
Net assets or fund balances at end of year$143,341,448$148,768,064$159,877,581$167,887,949
Excess or (deficit) for the year$95,181$7,326,868$12,166,675$4,871,948
Net assets or fund balances at beginning of year$91,969$143,341,448$148,768,064$159,877,581
Other changes in net assets or fund balances$143,154,298$-1,900,252$-1,057,158$3,138,420
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$6,995,188$5,015,480$1,979,708$0
Grants paid from donor advised funds$0
Other grants and allocations$5,015,480
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$178,719$0$178,719$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$379,048$0$379,048$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$100,527$0$100,527$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$39,099$0$39,099$0
Legal fees$3,514$0$3,514$0
Supplies$8,371$0$8,371$0
Telephone$20,432$0$20,432$0
Postage and shipping$2,559$0$2,559$0
Occupancy$59,336$0$59,336$0
Equipment rental and maintenance$16,613$0$16,613$0
Printing and publications$11,233$0$11,233$0
Travel$50,479$0$50,479$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$13,161$0$13,161$0
Other expenses not covered above$1,096,617$0$1,096,617$0
Balance Sheets
2004200520062007
Total assets$147,182,726$151,912,700$162,173,355$171,295,400
Cash - non-interest-bearing$1,138,016$1,143,345$2,259,776$44,161
Savings and temporary cash investments$0$0$0$2,194,041
Accounts receivable less allowance for doubtful accounts$2,081$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0
Grants receivable$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0
Inventories for sale or use$0$0$0$0
Prepaid expenses and deferred charges$2,105$5,717$257,619$4,119
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0
Investments - other$145,478,152$150,705,310$159,621,517$168,962,347
Land, buildings, and equipment less accumulated depreciation$144,831$56,249$34,093$32,282
Other assets, including program-related investments$417,541$2,079$350$58,450
Total liabilities$3,841,278$3,144,636$2,295,774$3,407,451
Accounts payable and accrued expenses$330,642$262,697$3,471$257,883
Grants payable$3,503,274$2,806,739$2,292,303$3,149,568
Deferred revenue$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0
Mortgages and other notes payable$0$0$0$0
Other liabilities$7,362$75,200$0$0
Total liabilities and net assets/fund balances$147,182,726$151,912,700$162,173,355$171,295,400
Total net assets or fund balances$143,341,448$148,768,064$159,877,581$167,887,949
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2004200520062007
Total revenue$0$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0$0
Other expenses$0$0$0$0
Net unrealized gains on investments$0$0$0$0
Donated services and use of facilities$0$0$0$0
Recoveries of prior year grants$0$0$0$0
Other$0$0$0$0
Other revenue$0$0$0$0
Investment expenses$0$0$0$0
Other$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2004200520062007
Total expenses$0$0$0$0
Total expenses and losses per audited financial statements$0$0$0$0
Other revenue$0$0$0$0
Donated services and use of facilities$0$0$0$0
Prior year adjustments$0$0$0$0
Losses$0$0$0$0
Other$0$0$0$0
Other expenses$0$0$0$0
Investment expenses$0$0$0$0
Other$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$135,500$43,219$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings11
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20065
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$11,867,136$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$2,299,200$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$9,549,979$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))$17,957$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$80,999$27,847$0
$80,999$19,103$0
$80,999$18,785$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organizationType I
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
232929748Catholic Health EastNo$1,000,000
Total$1,000,000
Support Schedule
2003200420052006
Total$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0
Membership fees received$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0
Other income$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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$3,950,671
Contributions, Gifts, Grants and Other Similar Amounts$2,092
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,375,353
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$1,573,226
Gross amount from sales of assets other than inventory (Securities / Other)$1,573,226 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0
Gain or (loss) (Securities / Other)$1,573,226 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$8,591,401
Compensation of current officers, directors, trustees, and key employees$186,350
Other salaries and wages$411,546
Payroll taxes$0
Professional fundraising services$0
Other$7,993,505
Balance Sheet (for 2011)
Total assets$121,668,734
Total liabilities$6,261,106
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
Other$6,261,106
Total net assets or fund balances$115,407,628
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
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)
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 Allegany Franciscan Ministries Inc to others? (optional)
  
Add photo of Allegany Franciscan Ministries Inc (optional)

About You

Your nickname:

Optional Verification

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

Sign in with Twitter
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»

Sweepstakes

Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!



Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):


Recently Added Reviews
Insideout Community Ministries Inc in Clearwater, FL
Prodigal House Inc in Stuart, FL
Wiccan Religious Cooperative Of Florida Inc, Orlando Pagan Collective in Orlando, FL
***
Knights Of Columbus Our Lady Of Victory Council 7968 in Crestview, FL
****
Lebert & Edna Thompson International Inc, Tletiinc in Patrick Airforce Base, FL
****•
Big Dog Ranch Rescue Inc in Jupiter, FL
*****
Fancy Pet Foundation in Ponte Vedra Beach, FL
*
Palm Beach County Cat Coalition Inc in Wellington, FL
*****
Tampa Theatre Inc in Tampa, FL
*****
Eglise Evangelique Baptiste Des Freres Unis De Miami Inc, Eglise Evangelique Baptiste Des Fre in Miami, FL
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Operation Compassion A Tennessee Non-Profit Corporation114 Stuart Rd Ne Ste 370 Suite 370, Cleveland, TN 37312-4803TN1998-03$205,616,421
2Billy Graham Evangelistic Association1 Billy Graham Pkwy, Charlotte, NC 28201-0001NC2006-11$178,085,188
3Christian Living Communities7000 E Belleview Ave Ste 150, Greenwood Vlg, CO 80111-1660CO1991-09$60,084,797
4Bible League3801 Eagle Nest Dr, Crete, IL 60417-1993IL1973-01$29,132,021
5Maimonides-Shalom Academy Inc5300 Sw 40th Ave, Ft Lauderdale, FL 33314-6504FL1991-06$4,798,423
6Allegany Franciscan Ministries Inc33920 Us Hwy 19 N Ste 269, Palm Harbor, FL 34684-2673FL1986-04$3,950,671
7Christian Financial Resources Inc773 Stirling Ctr Pl, Lake Mary, FL 32746-4856FL1981-04$3,833,555
8Greater New Covenant M B Church17201 Sw 103 Avenue, Miami, FL 33157FL1999-02$820,496
9Free Foundation Ministry Inc4005 Se Hwy 314-A, Ocklawaha, FL 32179FL2002-02$93,549
10David Lugo Ministries Inc2173 Se Triumph Rd, Port St Lucie, FL 34952-4864FL2006-07$32,768
11Coral Ridge Ministries Media Inc5555 N Federal Hwy, Ft Lauderdale, FL 33308-3208FL1994-08$9,729,846
12Liberty Counsel IncPO BOX 540774, Orlando, FL 32854-0774FL1992-02$4,750,490
13Bridges For Peace Inc3000 N Atlantic Ave Ste 201, Cocoa Beach, FL 32931-5031FL1978-09$4,384,494
14Northstar Church Inc2355 St Andrews Blvd, Panama City, FL 32405-2172FL2000-03$2,731,791
15Live The Life Ministries IncPO BOX 13831, Tallahassee, FL 32317-3831FL1998-10$1,759,372
16Iglesia De Dios Ministerial De Jesucristo International Inc17150 Royal Palm Blvd, Weston, FL 33326-2333FL2004-04$1,742,594
17Full Gospel Tabernacle Inc9701 Nw 7th Ave, Miami, FL 33150-1501FL2003-04$1,262,904
18Goad International Inc1355 Venezia Ct Unit 404, Davenport, FL 33896-5349FL2007-09$1,204,356
19Henry Fernandez Ministries Inc5555 Nw 95th Ave, Sunrise, FL 33351-4320FL1998-11$881,233
20Dugit Messianic Outreach CenterPO BOX 60099, Jacksonville, FL 32236-0099FL2001-08$817,233
Number of organizations performing similar types of work
Alaska107
Alabama708
Arkansas438
Arizona638
California5,306
Colorado847
Connecticut345
District of Columbia138
Delaware172
Florida3,638
Georgia2,117
Hawaii178
Iowa223
Idaho134
Illinois1,531
Indiana893
Kansas299
Kentucky467
Louisiana664
Massachusetts487
Maryland1,180
Maine74
Michigan1,020
Minnesota481
Missouri933
Mississippi452
Montana95
North Carolina1,703
North Dakota43
Nebraska128
New Hampshire81
New Jersey977
New Mexico245
Nevada291
New York1,951
Ohio1,251
Oklahoma743
Oregon429
Pennsylvania1,165
Rhode Island60
South Carolina747
South Dakota79
Tennessee1,021
Texas4,624
Utah139
Virginia1,021
Vermont35
Washington695
Wisconsin429
West Virginia143
Wyoming58
International64
Total41,687

faqs.org is not associated with, endorsed by, or sponsored by Allegany Franciscan Ministries Inc and has no official or unofficial affiliation with Allegany Franciscan Ministries Inc