Scores are not available for this record yet.
Assets
Flat$879,156
Flat from 2012
Net Assets
Flat$861,215
Flat from 2012
Liabilities
Flat$17,941
Flat from 2012
Revenue
-
No earlier filing loaded for comparison.
Expenses
Down$719,792
Down $360 (-0.0%) from 2012
Net Income
-
No earlier filing loaded for comparison.
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
- Signed
- Aug 2, 2013
- Return Version
- 2012v2.1
- Gross Receipts
- $1,436,522
Mission
In the aftermath of the worst act of terriorism committed against the united states of america, september 11, 2001 and the devastating crash of american airlines flight #587, a group of men from rockaway beach recognized the positive impact they could offer the community as a diversified group. In that spirit, graybeards has been dedicated to enhance the lives of others, promote friendship and fellowship among its members, hold meetings and have social gatherings to promote an interest in the community, help those in the community in their time of need, to promote the development/education of the youth of the community and promote a deeper appreciation of patriotism in the community.
Filer
- EIN
- 11-3635931
Raw XML AppendixShowing 400 of 423 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/AccountsReceivable/BOY | 0 | 1503 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/ActivityOrMissionDescription | 0 | GRAYBEARDS' PROGRAMS ARE HELPFUL IN ESTABLISHING FRIENDSHIPS ON A FIRMER AND LONG LASTING BASIS IN THE AFTERMATH OF THE WORST ACT OF TERRORISM COMMITED AGAINST THE UNITED STATES OF AMERICA ON SEPTEMBER 11, 2001 AND THE DEVASTATING CRASH OF AMERICAN AIRLINES FLIGHT #587. OUR PROGRAMS FOSTER THE GOOD AND WELFARE OF THE COMMUNITY AS WELL AS CARE FOR THOSE IN THE COMMUNITY IN THEIR TIME OF NEED. THIS YEAR, WE ACHIEVED OUR MISSION BY HAVING SEVERAL SOCIAL EVENTS AIMED AT IMPROVING RELATIONSHIPS AND FOR THE PURPOSE OF FUND-RAISING FOR SPECIFIC COMMUNITY RELATED CAUSES. |
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| IRS990/Description | 0 | GRAYBEARDS HELD FOUR FUNDRAISING EVENTS DURING THE YEAR TO HELP THOSE IN THE COMMUNITY IN THEIR TIME OF NEED, PROMOTE THE DEVELOPMENT/EDUCATION OF THE YOUTH AND PROMOTE INTERESTS IN OUR COMMUNITY. |
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| IRS990/MissionDescription | 0 | IN THE AFTERMATH OF THE WORST ACT OF TERRIORISM COMMITTED AGAINST THE UNITED STATES OF AMERICA, SEPTEMBER 11, 2001 AND THE DEVASTATING CRASH OF AMERICAN AIRLINES FLIGHT #587, A GROUP OF MEN FROM ROCKAWAY BEACH RECOGNIZED THE POSITIVE IMPACT THEY COULD OFFER THE COMMUNITY AS A DIVERSIFIED GROUP. IN THAT SPIRIT, GRAYBEARDS HAS BEEN DEDICATED TO ENHANCE THE LIVES OF OTHERS, PROMOTE FRIENDSHIP AND FELLOWSHIP AMONG ITS MEMBERS, HOLD MEETINGS AND HAVE SOCIAL GATHERINGS TO PROMOTE AN INTEREST IN THE COMMUNITY, HELP THOSE IN THE COMMUNITY IN THEIR TIME OF NEED, TO PROMOTE THE DEVELOPMENT/EDUCATION OF THE YOUTH OF THE COMMUNITY AND PROMOTE A DEEPER APPRECIATION OF PATRIOTISM IN THE COMMUNITY. |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | UPON RECEIPT OF THE FINAL COMPLETED DRAFT OF THE FORM 990, THE FORM 990 HARD COPY IS SENT TO BOARD MEMBERS VIA CERTIFIED MAIL FOR REVIEW BEFORE IT IS FILED. THE BOARD PRESIDENT ASKS FOR A MOTION TO APPROVE AND ACCEPT THE FORM 990 FOR THE CORRESPONDING FISCAL YEAR. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | (I)INTERESTED PARTY TRANSACTIONS: NO DIRECTOR OR OFFICER OF THE ORGANIZATION SHALL HAVE ANY CONFLICTING INTEREST IN ANY TRANSACTION TO WHICH GRAYBEARDS LTD. IS A PARTY, AND GRAYBEARDS LTD. SHALL NOT APPROVE ANY TRANSACTION IN WHICH ANY DIRECTOR OR OFFICER HAS A CONFLICTING INTEREST, UNLESS THE BOARD (I) HAS BEEN MADE AWARE OF (A) THE EXISTENCE AND NATURE OF THE CONFLICTING INTEREST AND (B) ALL FACTS KNOWN TO SUCH CONFLICTED DIRECTOR OR OFFICER RESPECTING THE SUBJECT MATTER OF THE TRANSACTION THAT AN ORDINARILY PRUDENT PERSON WOULD REASONABLY BELIEVE TO BE MATERIAL TO A JUDGMENT ABOUT WHETHER OR NOT TO PROCEED WITH THE TRANSACTION AND (II) HAS APPROVED THE TRANSACTION BY A MAJORITY VOTE, EXCLUDING THE VOTE OF ANY DIRECTOR HAVING A CONFLICTING INTEREST AND OF ANY DIRECTOR WHO HAS A FAMILIAL, FINANCIAL, PROFESSIONAL OR EMPLOYMENT RELATIONSHIP WITH ANY DIRECTOR OR OFFICER WHO HAS A CONFLICTING INTEREST RESPECTING THE TRANSACTION. THE MINUTES OF THE MEETING SHALL REFLECT COMPLIANCE WITH THE FOREGOING PROVISIONS. DIRECTORS AND OFFICERS SHALL AVOID ANY CONFLICTING INTERESTS BETWEEN THEMSELVES, ON THE ONE HAND, AND GRAYBEARDS LTD.. ON THE OTHER. ANY SITUATION THAT INVOLVES, OR MAY REASONABLY BE INFERRED TO INVOLVE, A CONFLICTING INTERESTS WITH RESPECT GRAYBEARDS LTD. SHALL BE PROMPTLY DISCLOSED TO THE PRESIDENT AND THE BOARD ON AN AD HOC BASIS AS THE SITUATION ARISES. FOR PURPOSES HEREOF, A "CONFLICTING INTEREST" WITH RESPECT TO A TRANSACTION TO WHICH GRAYBEARDS LTD. IS A PARTY SHALL MEAN THAT A DIRECTOR OR OFFICER IS A PARTY TO THE TRANSACTION OR HAS A BENEFICIAL FINANCIAL INTEREST IN OR CLOSELY LINKED TO THE TRANSACTION. (II)ALL DIRECTORS AND OFFICERS, AS WELL AS ANY OTHER STAFF PERSON REQUESTED TO DO SO BY THE PRESIDENT, SHALL HAVE AN OBLIGATION TO DISCLOSE TO THE BOARD OF DIRECTORS ANY TRANSACTION, POTENTIAL TRANSACTION OR CIRCUMSTANCE IN WHICH SUCH PERSON HAS OR COULD HAVE A CONFLICTING INTEREST AS DEFINED ABOVE IN SECTION (I); (III)IN ORDER TO FACILITATE SUCH DISCLOSURE, GRAYBEARDS LTD. SHALL DISTRIBUTE ANNUALLY TO ALL, DIRECTORS, OFFICERS AND. SUCH STAFF A QUESTIONNAIRE CONCERNING CONFLICTS OF INTEREST, AND ALL DIRECTORS, OFFICERS AND SUCH STAFF SHALL PROMPTLY COMPLETE AND RETURN THE SAME; (IV)IN ADDITION TO COMPLETING SUCH QUESTIONNAIRE, ALL DIRECTORS AND OFFICERS AND SUCH OTHER STAFF SHALL HAVE AN AFFIRMATIVE DUTY TO BRING TO THE ATTENTION OF THE BOARD OF DIRECTORS ANY OTHER TRANSACTION, POTENTIAL TRANSACTION OR CIRCUMSTANCE IN WHICH SUCH PERSON BELIEVES HE OR SHE MAY HAVE A CONFLICTING INTEREST OR COULD REASONABLY BE PERCEIVED BY OTHERS TO HAVE A CONFLICTING INTEREST; AND (V)THE PRESIDENT SHALL DESIGNATE SUCH MEMBERS OF THE BOARD OR STAFF AS HE SHALL DETERMINE TO REVIEW THE FACTS AND CIRCUMSTANCES CONCERNING ANY TRANSACTION, POTENTIAL TRANSACTION OR CIRCUMSTANCE IN WHICH A DIRECTOR, OFFICER OR OTHER STAFF MEMBER HAS OR COULD HAVE A CONFLICTING INTEREST AND TO RECOMMEND TO THE PRESIDENT ANY APPROPRIATE ACTION. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | GRAYBEARDS MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FORM 990 AS WELL AS THE FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST AT 129-04 NEWPORT AVENUE, BELLE HARBOR, NY 11694 OR BY CALLING THE ORGANIZATION DIRECTLY AT (718) 634-6812. CURRENTLY, GRAYBEARDS DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY IN PLACE, HOWEVER THE BOARD OF DIRECTORS IS WORKING ON HAVING THIS POLICY IN PLACE BY NEXT FISCAL YEAR. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | THIS RETURN HAS BEEN AMENDED BECAUSE POLICIES HAVE BEEN PUT IN PLACE FOR THE YEAR ENDING 12/31/12 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990 PAGE 1, PART B, AMENDED RETURN |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $879,156
- Liabilities
- $17,941
- Net assets
- $861,215
- Revenue
- -
- Expenses
- $719,792
- Net income
- -