Ivy League Club Incorporated in Sarasota, Florida (FL)
Table of contents:
| Ivy League Club Incorporated | |
| Employer Identification Number (EIN) | 591825920 |
| Name of Organization | Ivy League Club Incorporated |
| In Care of Name | Neil W Scott - Treasurer |
| Address | Po Box 2845, Sarasota, FL 34230-2845 |
| Website | http://www.theivyleagueclub.com |
| Activities | Dinner club, Alumni association or group |
| Subsection | Pleasure, Recreational, or Social Club |
| Ruling Date | 01/1979 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2013 |
| Assets | $0 |
| Income | $0 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $16,954 |
| Amount of Income | $48,666 |
| Form 990 Revenue Amount | $48,666 |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $48,666 | $51,718 | $34,267 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $38,514 | $41,846 | $25,658 |
| Membership dues and assessments | $10,150 | $9,870 | $8,607 |
| Investment income | $2 | $2 | $2 |
| 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 | $0 | $0 | $0 |
| Total expenses | $47,069 | $50,692 | $32,227 |
| Total net assets | $16,359 | $20,174 | $20,233 |
| Excess/Deficit for the year | $1,597 | $1,026 | $2,040 |
| Net assets or fund balances at beginning of year | $14,762 | $19,148 | $20,174 |
| Other changes in net assets or fund balances | $0 | $0 | $-1,981 |
| Net assets or fund balances at end of year | $20,174 | $20,233 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $16,954 | $20,174 | $20,233 |
| Total liabilities | $595 | $0 | $0 |
| Net assets or fund balances | $16,359 | $20,174 | $20,233 |
| 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: | Not provided |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
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| 11 | Ivy League Club Incorporated | Po Box 2845, Sarasota, FL 34230-2845 | FL | 1979-01 | $48,666 |
| 12 | Ivy League Club Scholarship Fund | 7709 Whitebridge Glen, University Park, FL 34201 | FL | 1979-01 | $0 |
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| 19 | J B Wright Foundation Inc | 3137 Isser Ln, Jacksonville, FL 32257-5627 | FL | 1997-10 | $33,304 |
| 20 | J Bayard Snowden Insurance Trust | PO BOX 1908, Orlando, FL 32802-1908 | FL | 1949-06 | $129,140 |
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