Kentucky High School Rodeo Association Inc in Danville, Kentucky (KY)

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Kentucky High School Rodeo Association Inc
Employer Identification Number (EIN)311117784
Name of OrganizationKentucky High School Rodeo Association Inc
In Care of NameDavid L Lowe
Address664 Nield Rd, Danville, KY 40422-8820
ActivitiesOther sports club
SubsectionEducational Organization
Ruling Date01/1985
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
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period07/2014
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$17,767
Amount of Income$161,299
Form 990 Revenue Amount$7,091


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Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$7,953
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 income from gaming and fundraising events$7,953
Gross income from gaming$140,073
Gross income from fundraising events$0
Less: direct expenses from gaming and fundraising events$132,120
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$0
Total net assets$9,143
Excess for the year$7,953
Net assets or fund balances at beginning of year$1,190
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$9,143
Total liabilities$0
Net assets or fund balances$9,143
Other Information (for 2012)
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 2012)
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 2012)
2008 - 2012 Total
Total support$381,004
Gifts, grants, contributions, and membership fees received$82,269
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$298,735
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$0
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