Modernaires Inc Term in Tucker, Georgia (GA)
Table of contents:
| Modernaires Inc Term | |
| Employer Identification Number (EIN) | 580916575 |
| Name of Organization | Modernaires Inc Term |
| In Care of Name | JERRY C SANDERS |
| Address | 3587 Cold Water Canyon Ct, Tucker, GA 30084 |
| Activities | Other school related activities, Fundraising |
| Subsection | Charitable Organization |
| Ruling Date | 12/1964 |
| 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 | 2011 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $1,778 |
| Amount of Income | $167 |
| Form 990 Revenue Amount | $-1,148 |
Non-representatives - add comments:
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $-190 | $-1,148 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $-190 | $-1,148 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $5,575 | $167 |
| Less: direct expenses from gaming and fundraising events | $5,765 | $1,315 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $891 | $196 |
| Total net assets | $3,122 | $1,778 |
| Excess/Deficit for the year | $-1,081 | $-1,344 |
| Net assets or fund balances at beginning of year | $4,203 | $3,122 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $2,826 | $1,778 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $3,122 | $1,778 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $3,122 | $1,778 |
| Other Information | ||
| 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 |
| 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 |
| Gross receipts for public use of club facilities | $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 |
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