Grand Valley Lax Inc in Grand Jct, Colorado (CO)
Table of contents:
Grand Valley Lax Inc | |
Employer Identification Number (EIN) | 204438971 |
Name of Organization | Grand Valley Lax Inc |
In Care of Name | Robin Heil |
Address | 240 Columbus Canyon Rd, Grand Jct, CO 81507-1192 |
Subsection | Educational Organization |
Ruling Date | 08/2008 |
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 | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $25,000 to $99,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $51,507 |
Amount of Income | $85,308 |
Form 990 Revenue Amount | $85,308 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Tennis, Racquet Sports Clubs, Leagues |
Non-representatives - add comments:
Amount of income in 2013: $85,308 (it was $93,226 in 2012)
Grand Valley Lax Inc: | $85,308 |
Other organizations performing similar types of work: | $65,435 |
Assets in 2013: $51,507 (it was $46,379 in 2012)
Grand Valley Lax Inc: | $51,507 |
Other organizations performing similar types of work: | $25,443 |
Expenses in 2013: $80,180
Grand Valley Lax Inc: | $80,180 |
Other organizations performing similar types of work: | $58,611 |
Income to expenses ratio in 2013: 1.1
This organization: | 1.1 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 9.6%
This organization: | 9.6% |
Other organizations performing similar types of work: | 0.5% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $91,621 | $93,226 | $85,308 |
Contributions, gifts, grants, and similar amounts received | $17,398 | $7,116 | $8,227 |
Program service revenue including government fees and contracts | $0 | $0 | $0 |
Membership dues and assessments | $73,598 | $84,375 | $76,710 |
Investment income | $0 | $5 | $6 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $625 | $1,730 | $365 |
Total expenses | $77,458 | $91,503 | $80,180 |
Total net assets | $44,656 | $46,379 | $51,507 |
Excess/Deficit for the year | $14,163 | $1,723 | $5,128 |
Net assets or fund balances at beginning of year | $30,493 | $44,656 | $46,379 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | $46,379 | $51,507 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $44,656 | $46,379 | $51,507 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $44,656 | $46,379 | $51,507 |
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 | $382,283 |
Subtotal | $382,283 |
Gifts, grants, contributions, and membership fees received | $81,520 |
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 | $300,763 |
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 | $383,024 |
Public support | $382,283 |
Subtotal | $11 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $11 |
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 | $730 |
Other income | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Net Results Junior Tennis Inc | 950 S Cherry St Ste 402, Denver, CO 80246-2665 | CO | 1996-04 | $115,748 |
2 | Aspen Lacrosse Club | PO BOX 1233, Carbondale, CO 81623-1233 | CO | 2005-06 | $114,412 |
3 | Grand Valley Lax Inc | 240 Columbus Canyon Rd, Grand Jct, CO 81507-1192 | CO | 2008-08 | $85,308 |
4 | Steamboat Tennis Association | 266 Blue Sage Cir, Steamboat Spr, CO 80487-3021 | CO | 2008-12 | $51,895 |
5 | Left Hand Valley Lake Association | 2727 Pine St Ste 3, Boulder, CO 80302-3846 | CO | 2002-04 | $32,600 |
6 | Tennis Association Of Greeley | PO BOX 337872, Greeley, CO 80633-0632 | CO | 2009-03 | $6,991 |
7 | Mountain Edge Skating Club Of Colorado | Po Box 620955, Littleton, CO 80162 | CO | 2014-04 | $3,692 |
8 | Rocky Mountain High Performance Tennis Foundation | 924 Hawthorn Ave, Boulder, CO 80304 | CO | 2010-08 | $2,500 |
9 | American Badminton Association | 1674 S Hudson St, Denver, CO 80222-3933 | CO | 2013-07 | $0 |
10 | Aspen Junior Tennis Association | PO BOX 4464, Aspen, CO 81612-4464 | CO | 2005-08 | $0 |
11 | Boulder Tennis Association | Po Box 912, Boulder, CO 80306 | CO | 2012-02 | $0 |
12 | Colorado Cricket League | 2880 Sundown Lane Apt 201, Boulder, CO 80303 | CO | 2014-01 | $0 |
13 | Colorado Native Lacrosse, Native Lacrosse | PO BOX 11085, Englewood, CO 80151-1085 | CO | 2014-10 | $0 |
14 | Creek Court Club | 7542 E 6th Pl, Denver, CO 80230 | CO | 1995-10 | $0 |
15 | Friends Of Pikes Peak Pickleball | 530 Blackhawk Ct, Colorado Springs, CO 80919 | CO | 2013-12 | $0 |
16 | Pikes Peak Community Tennis Association | 1315 E Pikes Peak Avenue, Colorado Springs, CO 80909 | CO | 1999-07 | $0 |
17 | Pikes Peak Lacrosse | PO BOX 2293, Colorado Springs, CO 80901 | CO | 2012-03 | $0 |
18 | Redhawks Eagles Lacrosse Club Inc, Redhawks Eagles Lacrosse Club | 2625 W 3rd Ave, Denver, CO 80219 | CO | 2008-01 | $0 |
19 | Salida Community Tennis Association | 525 River Drive, Salida, CO 81201 | CO | 2014-09 | $0 |
20 | Shed & Dumpster Racquet Club | 19 Saddle Lane, Durango, CO 81301 | CO | 2000-03 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 1,056 |
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