British American Business Council Of Los Angeles in Sherman Oaks, California (CA)

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British American Business Council Of Los Angeles
Employer Identification Number (EIN)952048758
Name of OrganizationBritish American Business Council Of Los Angeles
In Care of NameKetk
Address15303 Ventura Blvd Ste 1040, Sherman Oaks, CA 91403-5805
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Attracting new industry or retaining industry in an area, Foreign organization
SubsectionChamber of Commerce
Ruling Date01/1961
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$75,592
Amount of Income$215,251
Form 990 Revenue Amount$86,103


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Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
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 2012)
Total revenue$94,706
Contributions, Gifts, Grants and Other Similar Amounts$55,200
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
Royalties$1,205
Net rental income$0
Net gain from sales of assets other than inventory$74
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $152
Less: cost or other basis and sales expenses (Securities / Other)$0 / $78
Gain or (loss) (Securities / Other)$0 / $74
Net income from fundraising events$38,227
Gross income from fundraising events$157,472
Less: direct expenses$119,245
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$47,230
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$47,230
Balance Sheet (for 2012)
Total assets$45,516
Total liabilities$72,905
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$72,905
Total net assets or fund balances$-27,389
Retained earnings, endowment, accumulated income, or other funds$-27,389
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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