Paraclete Ministries in Bloomington, Minnesota (MN)

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Paraclete Ministries
Employer Identification Number (EIN)411598326
Name of OrganizationParaclete Ministries
Address9943 Harriet Ave S, Bloomington, MN 55420-4724
ActivitiesCommunity service organization
SubsectionEducational Organization
Ruling Date08/1988
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 Period12/2012
Assets$25,000 to $99,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$53,353
Amount of Income$14,455
Form 990 Revenue Amount$14,455

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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$19,869
Contributions, gifts, grants, and similar amounts received$19,869
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
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$29,457
Total net assets$50,805
Deficit for the year$-9,588
Net assets or fund balances at beginning of year$60,393
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$50,805
Total liabilities$0
Net assets or fund balances$50,805
Other Information (for 2011)
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 2011)
The organization is not a private foundation because it is:A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i)
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