Friendship New Vision Inc in Toledo, Ohio (OH)

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Friendship New Vision Inc
Employer Identification Number (EIN)141849727
Name of OrganizationFriendship New Vision Inc
In Care of NameDuane C Tisdale
AddressPO BOX 351838, Toledo, OH 43635-1838
SubsectionCharitable Organization
Ruling Date05/2004
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 Period12/2011
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,756,217
Amount of Income$1,213,674
Form 990 Revenue Amount$1,018,823
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose

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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$1,018,823
Contributions, Gifts, Grants and Other Similar Amounts$1,097,838
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Net rental income$19,336
Gross rents (Real / Personal)$19,336 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$19,336 / $0
Net loss from sales of assets other than inventory$-98,351
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $96,500
Less: cost or other basis and sales expenses (Securities / Other)$0 / $194,851
Gain or (loss) (Securities / Other)$0 / $-98,351
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$317,156
Compensation of current officers, directors, trustees, and key employees$31,125
Other salaries and wages$113,584
Payroll taxes$13,306
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$1,756,217
Total liabilities$656,960
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$497,458
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$1,099,257
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 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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$2,952,071
Gifts, grants, contributions, and membership fees received$2,924,410
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$27,661
Gross receipts from related activities, etc.$0
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