Second Chance Track Club Inc in Wilmington, Delaware (DE)

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Second Chance Track Club Inc
Employer Identification Number (EIN)260145723
Name of OrganizationSecond Chance Track Club Inc
In Care of NameNicholas Palka
Address1107 Oak Street, Wilmington, DE 19805
SubsectionEducational Organization
Ruling Date01/2008
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$5,297
Amount of Income$11,044
Form 990 Revenue Amount$11,044
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Amateur Sports Clubs, Leagues, (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2010)
Total revenue$11,044
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$11,044
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$6,586
Total net assets$5,297
Excess for the year$4,458
Net assets or fund balances at beginning of year$839
Other changes in net assets or fund balances$0
Balance Sheets (for 2010)
Total assets$5,297
Total liabilities$0
Net assets or fund balances$5,297
Other Information (for 2010)
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 2010)
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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