International Biblical Resources Inc in Abilene, Texas (TX)

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International Biblical Resources Inc
Employer Identification Number (EIN)752180554
Name of OrganizationInternational Biblical Resources Inc
In Care of NameBILLIE PAINE
Address1830 Pemelton Drive, Abilene, TX 79601
ActivitiesOther religious activities
SubsectionReligious Organization
Ruling Date09/1987
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 Period2009
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$65,775
Amount of Income$23,139
Form 990 Revenue Amount$22,339


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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$20,617
Contributions, gifts, grants, and similar amounts received$17,690
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$2,927
Gross amount from sale of assets other than inventory$3,927
Less: cost or other basis and sales expenses$1,000
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$21,573
Total net assets$64,766
Deficit for the year$-956
Net assets or fund balances at beginning of year$65,722
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$64,766
Total liabilities$0
Net assets or fund balances$64,766
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: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
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