Indian Sports Boosters Inc in Forest City, Iowa (IA)
Table of contents:
| Indian Sports Boosters Inc | |
| Employer Identification Number (EIN) | 273348732 |
| Name of Organization | Indian Sports Boosters Inc |
| In Care of Name | KRISTI HOVENGA |
| Address | 106 Oak Knoll, Forest City, IA 50436 |
| Subsection | Educational Organization |
| Ruling Date | 11/2013 |
| 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 | 2011 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $56,719 |
| Amount of Income | $78,561 |
| Form 990 Revenue Amount | $42,917 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Single Organization Support |
Non-representatives - add comments:
Amount of income in 2011: $78,561 (it was $42,917 in 2014)
| Indian Sports Boosters Inc: | $78,561 |
| Other organizations performing similar types of work: | $68,572 |
Assets in 2011: $56,719 (it was $56,719 in 2014)
| Indian Sports Boosters Inc: | $56,719 |
| Other organizations performing similar types of work: | $26,793 |
Expenses in 2014: $23,771
| This organization: | $23,771 |
| Other organizations performing similar types of work: | $43,073 |
Income to expenses ratio in 2014: 3.3
| Indian Sports Boosters Inc: | 3.3 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2014: 37.5%
| This organization: | 37.5% |
| Other organizations performing similar types of work: | 48.5% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2013 | 2014 | |
|---|---|---|
| Total revenue | $20,516 | $42,917 |
| Contributions, gifts, grants, and similar amounts received | $0 | $16,085 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $25 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 |
| Gross profit/loss from sales of inventory | $10,196 | $17,762 |
| Gross sales of inventory, less returns and allowances | $52,148 | $53,406 |
| Less: cost of goods sold | $41,952 | $35,644 |
| Other revenue | $10,320 | $9,045 |
| Total expenses | $29,522 | $23,771 |
| Total net assets | $0 | $56,719 |
| Excess/Deficit for the year | $-9,006 | $19,146 |
| Net assets or fund balances at beginning of year | $0 | $37,573 |
| Other changes in net assets or fund balances | $9,006 | $0 |
| Net assets or fund balances at end of year | $0 | $56,719 |
| Balance Sheets | ||
| 2013 | 2014 | |
|---|---|---|
| Total assets | $1 | $56,719 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $0 | $56,719 |
| Other Information | ||
| 2013 | 2014 | |
|---|---|---|
| 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 2014) | |
| 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 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $141,029 |
| Subtotal | $141,029 |
| Gifts, grants, contributions, and membership fees received | $16,085 |
| 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 | $124,944 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 | $141,029 |
| Public support | $141,029 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
| Disabled American Veterans, Disabled American Veterans Chapter 20 - Des Moines Ia in Des Moines, IA |
Pink Tractor Foundation in St Charles, IA
 |
| Mid Iowa Foster Grandparent Program in Boone, IA |
Furry Friends Refuge in Urbandale, IA
 |
|
Endure Iowa Inc in Johnston, IA
|
|
Boone Community Theatre in Boone, IA
|
|
Missouri River Boat Club in Sioux City, IA
|
| Teens Of Tomorrow Inc in Council Blfs, IA |
|
Midwest Pets For Life in Clinton, IA
|
|
Raised At Full Draw in Winterset, IA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Valley Of The Sun Bowl Foundation, Cactus Bowl | 7135 E Camelback Rd Ste 190, Scottsdale, AZ 85251-1284 | AZ | 2000-06 | $7,023,219 |
| 2 | Gilbert Athletic Booster Club | PO BOX 41, Gilbert, IA 50105-0041 | IA | 2005-08 | $346,114 |
| 3 | Van Meter Athletic Boosters Club Inc | PO BOX 231, Van Meter, IA 50261-0231 | IA | 2002-03 | $137,543 |
| 4 | Benton Bobcat Booster Club Inc | 602 Railroad St, Atkins, IA 52206-9645 | IA | 2001-05 | $106,270 |
| 5 | Indian Sports Boosters Inc | 106 Oak Knoll, Forest City, IA 50436 | IA | 2013-11 | $78,561 |
| 6 | Lba Foundation | PO BOX 544, Cedar Rapids, IA 52406-0544 | IA | 2012-08 | $21,000 |
| 7 | Williamsburg Community Recreation Foundation | PO BOX 8, Williamsburg, IA 52361-0008 | IA | 2002-03 | $19,000 |
| 8 | Mississippi Valley Vintage Race Car Association Inc | PO BOX 431, Eddyville, IA 52553-0431 | IA | 2015-03 | $8,926 |
| 9 | Dyersville Elementary Pto | 813 12th Ave Sw, Dyersville, IA 52040 | IA | 2014-06 | $0 |
| 10 | Elite Takedown Club | 1406 Pleasant Street, Sumner, IA 50674 | IA | 2014-10 | $0 |
| 11 | Friends Of Pikes Peak State Park | 15316 Great River Road, Mcgregor, IA 52157 | IA | 2011-09 | $0 |
| 12 | Friends Of Prairie Bridges | 208 State St, Ackley, IA 50601-1545 | IA | 2014-08 | $0 |
| 13 | Friends Of Shimek State Forest Equestrian Trails | 17292 Ivory Rd, Keosauqua, IA 52565 | IA | 2013-01 | $0 |
| 14 | Friends Of Volga River Recreation Area | 23260 60th St, Fairbank, IA 50629 | IA | 2013-03 | $0 |
| 15 | Friends Of Walnut Woods State Park Inc | 1565 Walnut Woods Dr, West Des Moines, IA 50265 | IA | 2012-06 | $0 |
| 16 | Gcw Mutal Aids Society Inc | 210 Park St, Walker, IA 52352 | IA | 2005-01 | $0 |
| 17 | Iron Rams Inc | 6655 Ne 12th Avenue, Pleasant Hill, IA 50327 | IA | 2014-12 | $0 |
| 18 | Okoboji Pioneers Booster Club Inc | PO BOX 492, Milford, IA 51351-0492 | IA | 2014-09 | $0 |
| 19 | Triad Gymnastics Booster Club | 2401 Se Tones Dr Ste 7, Ankeny, IA 50021-8886 | IA | 2001-04 | $0 |
| 20 | Turkey Valley Trap Range Inc | 1971 Stanley Ave, Lawler, IA 52154-9751 | IA | 2014-07 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,313 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Indian Sports Boosters Inc »
Non-representatives - add comments about Indian Sports Boosters Inc»