Championship Foundation Inc in Rome, Georgia (GA)
Table of contents:
Championship Foundation Inc | |
Employer Identification Number (EIN) | 263005107 |
Name of Organization | Championship Foundation Inc |
Address | 251 Technology Pkwy Nw, Rome, GA 30165-1369 |
Subsection | Charitable Organization |
Ruling Date | 05/2009 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $1 to $9,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $348 |
Amount of Income | $149,986 |
Form 990 Revenue Amount | $77,070 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Amateur Sports Competitions |
Non-representatives - add comments:
Amount of income in 2013: $149,986 (it was $124,639 in 2012)
This organization: | $149,986 |
Other organizations performing similar types of work: | $68,822 |
Assets in 2013: $348 (it was $704 in 2012)
Championship Foundation Inc: | $348 |
Other organizations performing similar types of work: | $29,808 |
Expenses in 2013: $77,229
Championship Foundation Inc: | $77,229 |
Other organizations performing similar types of work: | $62,550 |
Income to expenses ratio in 2013: 1.9
Championship Foundation Inc: | 1.9 |
Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 0.0%
This organization: | 0.0% |
Other organizations performing similar types of work: | 38.2% |
Revenue for 2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $77,214 | $45,624 | $77,070 |
Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
Program service revenue including government fees and contracts | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $17 | $9 | $6 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $77,197 | $45,615 | $77,064 |
Gross income from gaming | $0 | $0 | $0 |
Gross income from fundraising events | $155,196 | $124,630 | $149,980 |
Less: direct expenses from gaming and fundraising events | $77,999 | $79,015 | $72,916 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $0 | $0 | $0 |
Total expenses | $77,746 | $78,163 | $77,229 |
Total net assets | $761 | $-31,778 | $348 |
Excess/Deficit for the year | $-532 | $-32,539 | $-159 |
Net assets or fund balances at beginning of year | $1,293 | $761 | $-31,778 |
Other changes in net assets or fund balances | $0 | $0 | $32,285 |
Net assets or fund balances at end of year | $-31,778 | $348 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $761 | $704 | $348 |
Total liabilities | $0 | $32,482 | $0 |
Net assets or fund balances | $761 | $-31,778 | $348 |
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 | $157,745 |
Subtotal | $157,745 |
Gifts, grants, contributions, and membership fees received | $0 |
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 | $157,745 |
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 | $157,811 |
Public support | $157,745 |
Subtotal | $66 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $66 |
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 | $0 |
Other income | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Midway Park Football Association Inc | 4920 Atlanta Hwy, Alpharetta, GA 30004-2921 | GA | 2012-04 | $225,138 |
2 | United States Bowling Congress Inc, 82061 Georgia State Usbc Ba | 3600 Mansell Rd Ste 575, Alpharetta, GA 30022-3107 | GA | 2004-09 | $186,131 |
3 | Columbus Hockey Association Inc | 400 4th St, Columbus, GA 31901-3247 | GA | 2011-09 | $164,708 |
4 | Amateur Advocate Association Inc, Pebblebrook Junior Falcons Association Chapel Hill Junior Panthers Association | Po Box 1411, Mableton, GA 30126 | GA | 2004-09 | $127,262 |
5 | United States Bowling Congress Inc, 84451 Georgia State Usbc Wba | PO BOX 143776, Fayetteville, GA 30214-6537 | GA | 2004-09 | $118,161 |
6 | United States Bowling Congress Inc, 82089 Gr Atlanta Usbc | 3600 Mansell Rd Ste 575, Alpharetta, GA 30022-3107 | GA | 2004-09 | $115,460 |
7 | Hotlanta Softball Incorporated | PO BOX 14582, Atlanta, GA 30324-1582 | GA | 2011-09 | $95,097 |
8 | United States Bowling Congress Inc, 82084 Northwest Georgia Usbc | PO BOX 2615, Smyrna, GA 30081-2615 | GA | 2004-09 | $89,401 |
9 | United States Bowling Congress Inc, 85912 Georgia State Usbc Youth | 7435 Mockingbird Trl, Riverdale, GA 30274-3716 | GA | 2004-09 | $64,318 |
10 | Tri-Ptc Inc | PO BOX 3285, Peachtree Cty, GA 30269-7285 | GA | 2004-03 | $62,189 |
11 | Us Lacrosse Inc, The Georgia Lacrosse Foundation Inc | 4826 High Forest Dr, Duluth, GA 30096-6048 | GA | 1992-03 | $60,398 |
12 | United States Bowling Congress Inc, 82062 Middle Georgia Usbc | 109 Ginko Ln, Kathleen, GA 31047-2106 | GA | 2004-09 | $46,021 |
13 | Vidalia Gymnastics Boosters Inc | 2606 Mathews Industrial Cir, Vidalia, GA 30474-9247 | GA | 2006-09 | $41,762 |
14 | United States Bowling Congress Inc, 82064 South Georgia Usbc | 2502 Orlando Dr, Valdosta, GA 31602-1922 | GA | 2004-09 | $32,028 |
15 | Georgia Track Club Inc | 754 Peachtree St, Atlanta, GA 30308 | GA | 2013-07 | $26,200 |
16 | Seaport Open Inc | 232 James B Blackburn Dr, Savannah, GA 31408-8064 | GA | 2014-08 | $25,002 |
17 | Sandy Springs Stars Booster Club Inc, Sssbc | 705 Hammond Drive, Sandy Springs, GA 30328 | GA | 2013-05 | $23,329 |
18 | Georgia Association Of Blind Athletes Inc | P O Box 3736, Peachtree City, GA 30269 | GA | 2011-04 | $18,534 |
19 | Vision Of Excellence Inc | 2250 Woodlake Walk, Snellville, GA 30078 | GA | 2005-09 | $7,600 |
20 | Lakepoint Game Changers Inc | 755 Highway 293, Emerson, GA 30137-2204 | GA | 2014-07 | $1,000 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 6,596 |
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