The Bristol Area Swim Association in Bristol, Tennessee (TN)

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The Bristol Area Swim Association
Employer Identification Number (EIN)621177336
Name of OrganizationThe Bristol Area Swim Association
In Care of NameJames Van Nostrand
AddressP O Box 534, Bristol, TN 37621
ActivitiesSwimming or tennis club
SubsectionCharitable Organization
Ruling Date01/1994
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 Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$23,427
Amount of Income$40,119
Form 990 Revenue Amount$40,119


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$25,702
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$3,500
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$22,202
Gross income from gaming$0
Gross income from fundraising events$30,357
Less: direct expenses from gaming and fundraising events$8,155
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$33,445
Total net assets$16,298
Deficit for the year$-7,743
Net assets or fund balances at beginning of year$24,041
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$16,298
Total liabilities$0
Net assets or fund balances$16,298
Other Information (for 2012)
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 2012)
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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