Pensacola Young Professionals Inc in Pensacola, Florida (FL)

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Pensacola Young Professionals Inc
Employer Identification Number (EIN)204757674
Name of OrganizationPensacola Young Professionals Inc
Address41 N Jefferson St Ste 108, Pensacola, FL 32502-5644
SubsectionLocal Association of Employees
Ruling Date04/2008
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period03/2014
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$149,435
Amount of Income$72,677
Form 990 Revenue Amount$70,362
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Community Coalitions


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Amount of income in 2014: $72,677 (it was $76,188 in 2013)
Pensacola Young Professionals Inc: 

 $72,677
Other organizations performing similar types of work: 

 $54,333

Assets in 2014: $149,435 (it was $132,897 in 2013)
This organization: 

 $149,435
Other organizations performing similar types of work: 

 $24,072

Expenses in 2014: $60,476
Pensacola Young Professionals Inc: 

 $60,476
Other organizations performing similar types of work: 

 $47,939

Income to expenses ratio in 2014: 1.2
Pensacola Young Professionals Inc: 

 1.2
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2014: 60.1%
This organization: 

 60.1%
Other organizations performing similar types of work: 

 99.8%

Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2011201220132014
Total revenue$56,759$84,300$76,188$70,362
Contributions, gifts, grants, and similar amounts received$36,038$53,036$42,000$42,308
Program service revenue including government fees and contracts$3,797$2,235$8,803$17,027
Membership dues and assessments$14,250$14,560$15,200$0
Investment income$324$1,625$3,170$863
Gain/Loss from sale of assets other than inventory$0$0$0$0
Net income/loss from gaming and fundraising events$0$0$4,659$8,324
Gross income from gaming$0$0$0$0
Gross income from fundraising events$0$0$18,704$10,639
Less: direct expenses from gaming and fundraising events$0$0$14,045$2,315
Gross profit/loss from sales of inventory$0$0$0$0
Other revenue$2,350$12,844$2,356$1,840
Total expenses$63,086$55,182$50,437$60,476
Total net assets$70,511$99,635$125,386$135,272
Excess/Deficit for the year$-6,327$29,118$25,751$9,886
Net assets or fund balances at beginning of year$76,838$70,517$99,635$125,386
Other changes in net assets or fund balances$0$0$0$0
Net assets or fund balances at end of year$99,635$125,386$135,272
Balance Sheets
2011201220132014
Total assets$73,943$108,939$132,897$149,435
Total liabilities$3,432$9,304$7,511$14,163
Net assets or fund balances$70,511$99,635$125,386$135,272
Other Information
2011201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
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?NoNoNo
Total amount involved$0$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$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?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Palm Beach County League Of Cities IncPO BOX 1989, West Palm Bch, FL 33402-1989FL2010-07$353,242
2Palms Community Action Coalition Inc816 Nw 1st Ave, Hallandle Bch, FL 33009-2303FL2011-06$116,775
3Southeast Regional User Group, Serug2655 Ulmerton Road No 101, Clearwater, FL 33762-3337FL2010-06$96,111
4Pine Manor Improvement Association IncP O Box 61464, Fort Myers, FL 33906FL2004-04$84,263
5Broward Smart Growth Partnership Inc2823 Ne 36th Street, Fort Lauderdale, FL 33308FL2006-03$78,392
6Mercy Drive Ministries1531 Mercy Drive, Orlando, FL 32808FL2011-09$71,230
7Chamber Of Hope Hyperbaric Center For Children Inc2701 West Oakland Park Bld 310, Ft Lauderdale, FL 33311FL2011-09$55,119
8South Florida Vacation Rentals Association Inc401 East Las Olas Blvd Ste 130-366, Fort Lauderdale, FL 33301-2210FL2011-09$41,201
9Concerned Citizens Of St Petersburg Inc750 71st Ter S, St Petersburg, FL 33705-6235FL2014-10$15,300
10Vina Del Mar Island Association IncPo Box 67314, St Pete Beach, FL 33736FL2014-06$15,038
11St Lucie Childrens Coalition Inc10380 Sw Village Circle Dr, Port St Lucie, FL 34987-1931FL2009-05$12,244
12Charlotte Park Civic Association Inc420 Pompano Terr, Punta Gorda, FL 33950-2840FL2013-12$12,152
13West End Stop Annexation Committee Inc, Wesac IncPO BOX 7490, P C Beach, FL 32413-7490FL2003-09$3,546
14Wellington Equestrian Preservation Alliance IncPo Box 213275, Royal Palm Beach, FL 33421-3275FL2013-01$2,539
15Florida Hispanic Foundation Inc13550 Sw 88th Street, Miami, FL 33186-1654FL2006-04$532
16A D Harris Improvement Society Inc1229 Dundee Ln, Lynn Haven, FL 32444-8311FL2014-07$0
17Bay Area Corporations For Economic Development In Communities Inc3012 Ripplewood Dr, Seffner, FL 33584FL2013-12$0
18Beverly Hills Civic Association1 Civic Circle, Beverely Hills, FL 34465FL2001-02$0
19Citizens For Tree Preservation Inc1549 Cesery Boulevard, Jacksonville, FL 32211-5329FL2000-11$0
20Citizens Highway Initiative Program IncPO BOX 757, Labelle, FL 33975-0757FL2004-05$0
Number of organizations performing similar types of work
Alaska3
Alabama24
Arkansas11
Arizona24
California229
Colorado31
Connecticut18
District of Columbia14
Delaware8
Florida95
Georgia54
Hawaii9
Iowa24
Idaho17
Illinois54
Indiana26
Kansas19
Kentucky24
Louisiana20
Massachusetts33
Maryland48
Maine16
Michigan55
Minnesota16
Missouri40
Mississippi15
Montana12
North Carolina57
North Dakota5
Nebraska10
New Hampshire9
New Jersey46
New Mexico15
Nevada15
New York97
Ohio46
Oklahoma22
Oregon28
Pennsylvania66
Rhode Island12
South Carolina23
South Dakota4
Tennessee33
Texas117
Utah8
Virginia41
Vermont8
Washington47
Wisconsin28
West Virginia15
Wyoming4
International3
Total1,698

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