Outer Banks Preservation Association Inc in Buxton, North Carolina (NC)

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Outer Banks Preservation Association Inc
Employer Identification Number (EIN)562212562
Name of OrganizationOuter Banks Preservation Association Inc
AddressPO BOX 1355, Buxton, NC 27920-1355
SubsectionCharitable Organization
Ruling Date04/2001
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
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$124,530
Amount of Income$67,343
Form 990 Revenue Amount$65,678
National Taxonomy of Exempt Entities (NTEE)Environmental Quality, Protection and Beautification: Natural Resources Conservation and Protection
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Amount of income in 2013: $67,343 (it was $131,774 in 2012)
Outer Banks Preservation Association Inc: 

 $67,343
Other organizations performing similar types of work: 

 $69,982

Assets in 2013: $124,530 (it was $205,801 in 2012)
This organization: 

 $124,530
Other organizations performing similar types of work: 

 $61,304

Expenses in 2013: $146,949
Outer Banks Preservation Association Inc: 

 $146,949
Other organizations performing similar types of work: 

 $56,949

Income to expenses ratio in 2013: 0.5
Outer Banks Preservation Association Inc: 

 0.5
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2013: 59.1%
Outer Banks Preservation Association Inc: 

 59.1%
Other organizations performing similar types of work: 

 47.9%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$122,968$118,751$65,678
Contributions, gifts, grants, and similar amounts received$80,661$82,684$38,829
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$29,496$31,715$19,600
Investment income$0$0$43
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$6,616$2,939$2,689
Gross income from gaming$0$0$0
Gross income from fundraising events$6,616$5,452$4,354
Less: direct expenses from gaming and fundraising events$0$2,513$1,665
Gross profit/loss from sales of inventory$6,195$1,413$4,515
Gross sales of inventory, less returns and allowances$8,213$11,923$4,515
Less: cost of goods sold$2,018$10,510$0
Other revenue$0$0$0
Total expenses$33,763$117,202$146,949
Total net assets$188,752$190,301$109,030
Excess/Deficit for the year$89,205$1,549$-81,271
Net assets or fund balances at beginning of year$99,547$188,752$190,301
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$190,301$109,030
Balance Sheets
201120122013
Total assets$204,252$205,801$124,530
Total liabilities$15,500$15,500$15,500
Net assets or fund balances$188,752$190,301$109,030
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
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?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$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?NoNo
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: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
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$576,770
Subtotal$576,770
Gifts, grants, contributions, and membership fees received$464,660
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$112,110
Gross receipts from activities that are not an unrelated trade or business under section 513$0
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
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$576,813
Public support$576,770
Subtotal$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$43
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0

Ratings Summary

Based on 2 votes

Overall Rating:
*
1.0
Ratings in categories:
Program:
*
1.0
Fundraising:
*
1.0
Expenses:
*
1.0
Transparency:
*
1.0

2 User Reviews:

William

Added on Jul 11, 2014 6:26 PM
Visited on Jul 11, 2014 7:00 PM
Program:
*
Fundraising:
*
Expenses:
*
Transparency:
*
Would you recommend Outer Banks Preservation Association Inc to others? No

fedup

Added on Jul 11, 2014 6:10 PM
Program:
*
Fundraising:
*
Expenses:
*
Transparency:
*
Would you recommend Outer Banks Preservation Association Inc to others? No
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1World Wildlife Fund Inc1250 24th St Nw, Washington, DC 20037-1124DC1991-08$323,020,430
2Resources Legacy Fund555 Capitol Mall Ste 1095, Sacramento, CA 95814-4608CA1998-12$86,017,289
3Guanacaste Dry Forest Conservation FundBiology Dept Univ Of Pennsylva, Philadelphia, PA 19104PA1998-11$8,300,227
4The Natomas Basin Conservancy A Ca Non-Profit Public Benefit Corp2150 River Plaza Dr Ste 460, Sacramento, CA 95833-4141CA1995-03$6,656,517
5Canaan Valley Institute Inc494 Riverstone Rd, Davis, WV 26260-9731WV1996-08$2,581,906
6Partnership For The Delaware Estuary Inc110 S Poplar St Ste 202, Wilmington, DE 19801-5034DE1996-10$2,074,406
7Turtle Island Restoration NetworkPO BOX 370, Forest Knolls, CA 94933-0370CA1997-10$1,842,299
8Ecological Trust Fund Of Panama4245 N Fairfax Dr Ste 0100, Arlington, VA 22203-1637VA1999-08$1,170,861
9Mississippi Valley Conservancy IncPO BOX 2611, La Crosse, WI 54602-2611WI1997-04$938,573
10Springs Preserve Foundation1017 Griffith Ave, Las Vegas, NV 89104-1653NV2000-04$711,133
11Blue Ridge National Hertitage Area1956 Warrior Dr, Tryon, NC 28782-4567NC2007-10$1,011,541
12Blackburn-Vannoy Foundation Acct 31-0308-01-0PO BOX 2952, Raleigh, NC 27602-2952NC2008-09$844,001
13Blue Ridge Resource Conservation And Development Council26 Crimson Laurel Cir Ste 2, Bakersville, NC 28705-9510NC2012-04$550,700
14Balsam Mountain Tr81 Preserve Rd, Sylva, NC 28779-9372NC2002-04$292,673
15Environmental Education FundPO BOX 25825, Raleigh, NC 27611-5825NC1998-11$268,502
16Dan River Basin Association413 Church St Ste 401 Suite 401, Eden, NC 27288-3243NC2002-07$260,199
17Friends Of The Mountains To Sea, Crawford CrenshawPO BOX 10431, Raleigh, NC 27605-0431NC2008-02$246,814
18Little Tennessee Watershed Association Inc93 Church St Ste 214, Franklin, NC 28734-2918NC2001-03$183,769
19Kleiwerks International82 Buchanan Ave, Asheville, NC 28801-4240NC2007-05$138,826
20Ocracoke Preservation Society IncPO BOX 1240, Ocracoke, NC 27960-1240NC1984-07$116,575
Number of organizations performing similar types of work
Alaska43
Alabama79
Arkansas23
Arizona69
California461
Colorado109
Connecticut53
District of Columbia46
Delaware12
Florida160
Georgia63
Hawaii59
Iowa62
Idaho39
Illinois90
Indiana52
Kansas23
Kentucky44
Louisiana25
Massachusetts91
Maryland79
Maine52
Michigan94
Minnesota92
Missouri46
Mississippi10
Montana53
North Carolina81
North Dakota7
Nebraska12
New Hampshire27
New Jersey65
New Mexico38
Nevada40
New York192
Ohio80
Oklahoma28
Oregon114
Pennsylvania123
Rhode Island20
South Carolina23
South Dakota11
Tennessee55
Texas141
Utah41
Virginia81
Vermont39
Washington138
Wisconsin129
West Virginia25
Wyoming23
International32
Total3,594

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