Dollar Dynasty Inc in Sarasota, Florida (FL)

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Dollar Dynasty Inc
Employer Identification Number (EIN)300204646
Name of OrganizationDollar Dynasty Inc
In Care of NameLinda J Mason
AddressPO BOX 5975, Sarasota, FL 34277-5975
SubsectionCharitable Organization
Ruling Date10/2003
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$21,730
Amount of Income$43,870
Form 990 Revenue Amount$43,870
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Personal Social Services

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Amount of income in 2013: $43,870 (it was $24,417 in 2012)
This organization: 

Other organizations performing similar types of work: 


Assets in 2013: $21,730 (it was $1,938 in 2012)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2013: $38,146
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 1.2
Dollar Dynasty Inc: 

Other organizations performing similar types of work: 


Grants share in income in 2013: 63.5%
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$17,598$20,578$24,417$43,870
Contributions, gifts, grants, and similar amounts received$17,598$20,578$24,417$27,870
Program service revenue including government fees and contracts$0$0$0$0
Membership dues and assessments$0$0$0$0
Investment income$0$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0$0
Net income/loss from gaming and fundraising events$0$0$0$0
Gross profit/loss from sales of inventory$0$0$0$0
Other revenue$0$0$0$16,000
Total expenses$19,363$22,209$24,421$38,146
Total net assets$-311$-1,942$1,938$21,730
Excess/Deficit for the year$-1,765$-1,631$-4$5,724
Net assets or fund balances at beginning of year$1,454$-311$1,942$1,938
Other changes in net assets or fund balances$0$0$0$14,068
Net assets or fund balances at end of year$-311$-1,942$1,938$21,730
Balance Sheets
Total assets$0$0$1,938$21,730
Total liabilities$311$1,942$0$0
Net assets or fund balances$-311$-1,942$1,938$21,730
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNoNo
Amount of political expenditures, direct or indirect$0$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNoNo
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?NoNoNoNo
Total amount involved$0$0$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$0$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?NoNoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNoNo
Reason for Public Charity Status (for 2013)
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)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$125,943
Subtotal Support$125,943
Gifts, grants, contributions, and membership fees received$125,943
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
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$125,943
Public Support$125,943
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Number of organizations performing similar types of work
District of Columbia28
North Carolina150
North Dakota7
New Hampshire8
New Jersey91
New Mexico20
New York175
Rhode Island10
South Carolina55
South Dakota9
West Virginia17
Total3,403 is not associated with, endorsed by, or sponsored by Dollar Dynasty Inc and has no official or unofficial affiliation with Dollar Dynasty Inc