Racers Emergency Support Program Inc in Portland, Oregon (OR)
Table of contents:
| Racers Emergency Support Program Inc | |
| Employer Identification Number (EIN) | 330384251 |
| Name of Organization | Racers Emergency Support Program Inc |
| Address | PO BOX 66742, Portland, OR 97290-6742 |
| Activities | Boy Scouts, Girl Scouts, etc. |
| Subsection | Charitable Organization |
| Ruling Date | 07/1994 |
| Deductibility | Contributions are deductible |
| Foundation | Organization 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 |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $143,279 |
| Amount of Income | $60,144 |
| Form 990 Revenue Amount | $45,662 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Swimming, Water Recreation |
Non-representatives - add comments:
Amount of income in 2013: $60,144 (it was $107,691 in 2012)
| Racers Emergency Support Program Inc: | $60,144 |
| Other organizations performing similar types of work: | $60,144 |
Assets in 2013: $143,279 (it was $160,895 in 2012)
| Racers Emergency Support Program Inc: | $143,279 |
| Other organizations performing similar types of work: | $143,279 |
Expenses in 2013: $49,866
| This organization: | $49,866 |
| Other organizations performing similar types of work: | $49,866 |
Income to expenses ratio in 2013: 1.2
| Racers Emergency Support Program Inc: | 1.2 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2013: 22.3%
| This organization: | 22.3% |
| Other organizations performing similar types of work: | 22.3% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $38,374 | $94,536 | $45,662 |
| Contributions, gifts, grants, and similar amounts received | $18,624 | $33,238 | $10,168 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $7,655 | $8,069 | $8,835 |
| Investment income | $41 | $144 | $135 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $12,054 | $40,299 | $17,894 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $25,595 | $53,454 | $32,376 |
| Less: direct expenses from gaming and fundraising events | $13,541 | $13,155 | $14,482 |
| Gross profit/loss from sales of inventory | $0 | $8,552 | $0 |
| Other revenue | $0 | $4,234 | $8,630 |
| Total expenses | $38,128 | $43,951 | $49,866 |
| Total net assets | $108,303 | $158,888 | $143,279 |
| Excess/Deficit for the year | $246 | $50,585 | $-4,204 |
| Net assets or fund balances at beginning of year | $108,057 | $108,303 | $158,888 |
| Other changes in net assets or fund balances | $0 | $0 | $-11,405 |
| Net assets or fund balances at end of year | $158,888 | $143,279 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $111,299 | $160,895 | $143,279 |
| Total liabilities | $2,996 | $2,007 | $0 |
| Net assets or fund balances | $108,303 | $158,888 | $143,279 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| 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? | No | No | |
| 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? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| 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 supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $175,553 |
| Subtotal | $175,553 |
| Gifts, grants, contributions, and membership fees received | $89,968 |
| 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 | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $85,585 |
| 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 | $193,808 |
| Public support | $175,553 |
| Subtotal | $392 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $392 |
| 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 | $17,863 |
| Other income | $0 |
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| Other organizations in Oregon | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Public Defender Of Marion Countyinc | 198 Commercial St Se Ste 240, Salem, OR 97301-3496 | OR | 2007-06 | $1,322,902 |
| 2 | Public Defender Services Of Lane County Inc | 1143 Oak St, Eugene, OR 97401-3518 | OR | 1977-08 | $2,723,579 |
| 3 | Public Health Foundation Of Columbia County | Po Box 995, Saint Helens, OR 97051 | OR | 2004-05 | $1,757,546 |
| 4 | Public Health Microbiology Charitable Trust | 1863 Nw Lester Ave, Corvalis, OR 97330-9133 | OR | 1995-04 | $5,766 |
| 5 | Public Power Council | 825 Ne Multnomah St Ste 1225, Portland, OR 97232-2161 | OR | 1979-09 | $2,626,694 |
| 6 | Institute For Collaborative Management Inc | 4630 Sw View Point Ter, Portland, OR 97239-4028 | OR | 2002-12 | $1,605 |
| 7 | Public Relations Society Of America Inc, Portland Metro Chapter | 5331 Sw Macadam Ave Ste 258 Pmb 111, Portland, OR 97239-3871 | OR | 1965-04 | $93,585 |
| 8 | Public Safety Chaplaincy Inc | 1500 Nw 167th Pl, Beaverton, OR 97006-7342 | OR | 1985-03 | $439,540 |
| 9 | Psi Chi The National Honor Society In Psychology, Oregon Institute Of Technology Psi Chi | Oit 3201 Campus Dr, Klamath Falls, OR 97601 | OR | 1957-12 | $2,246,057 |
| 10 | Professional Engineers Of Oregon Educational Foundation | 70 Sw Century Dr Ste 353, Bend, OR 97702-3557 | OR | 1979-01 | $21,256 |
| 11 | Racers Emergency Support Program Inc | PO BOX 66742, Portland, OR 97290-6742 | OR | 1994-07 | $60,144 |
| 12 | Refrigerating Engineers & Technicians Association | 1035 2nd Ave Se, Albany, OR 97321-3051 | OR | 1968-12 | $2,414,877 |
| 13 | Refocus Ministry | PO BOX 129, Albany, OR 97321-0040 | OR | 1967-09 | $20,565 |
| 14 | Regional District Council Welfare Plan & Trust | 3140 Ne Broadway St, Portland, OR 97232-1813 | OR | 2008-05 | $2,208,221 |
| 15 | Puppets And Praise Ministries | PO BOX 970, Redmond, OR 97756-0202 | OR | 1980-04 | $26,283 |
| 16 | Pure Dance Company Inc | 818 Sw 3rd Ave 130, Portland, OR 97204-2405 | OR | 2009-02 | $15,367 |
| 17 | Pure Desire Ministriesinternational | 719 Ne Roberts Ave, Gresham, OR 97030-5625 | OR | 2008-09 | $439,866 |
| 18 | Pure Life Alliance | 8105 Sw Nimbus Ave, Beaverton, OR 97008-6440 | OR | 2005-10 | $113,049 |
| 19 | Putnam Youth Baseball Inc | PO BOX 68737, Oak Grove, OR 97268-0737 | OR | 2001-03 | $67,109 |
| 20 | Putnam Youth Basketball League Inc | PO BOX 68785, Portland, OR 97268-0785 | OR | 1998-07 | $84,234 |
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