Pheasant Ridge Parent-Teacher Organization in Glendale Heights, Illinois (IL)

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Pheasant Ridge Parent-Teacher Organization
Employer Identification Number (EIN)362913343
Name of OrganizationPheasant Ridge Parent-Teacher Organization
In Care of NamePaula Szum
Address43 East Stevenson Road, Glendale Heights, IL 60139
ActivitiesParent or parent teachers association
SubsectionCharitable Organization
Ruling Date06/1977
DeductibilityContributions are deductible
FoundationOrganization 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
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$14,101
Amount of Income$-3,475
Form 990 Revenue Amount$-3,475


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$-3,475
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net loss from gaming and fundraising events$-3,475
Gross income from gaming$0
Gross income from fundraising events$15,707
Less: direct expenses from gaming and fundraising events$19,183
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$0
Total net assets$14,101
Deficit for the year$-3,475
Net assets or fund balances at beginning of year$17,576
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$14,101
Total liabilities$0
Net assets or fund balances$14,101
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$16
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
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$16
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