Lake Cumberland Youth Football Inc in Somerset, Kentucky (KY)
Table of contents:
Lake Cumberland Youth Football Inc | |
Employer Identification Number (EIN) | 611301072 |
Name of Organization | Lake Cumberland Youth Football Inc |
Address | PO BOX 292, Somerset, KY 42502-0292 |
Activities | Described in section 509(a)(2) of the Code, Boys Club, Little League, etc. |
Subsection | Educational Organization |
Ruling Date | 08/1996 |
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 | 12/2013 |
Assets | $100,000 to $499,999 |
Income | $1,000,000 to $4,999,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $337,763 |
Amount of Income | $1,699,112 |
Form 990 Revenue Amount | $143,178 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Baseball, Softball |
Non-representatives - add comments:
Amount of income in 2013: $1,699,112 (it was $2,132,699 in 2012)
Lake Cumberland Youth Football Inc: | $1,699,112 |
Other organizations performing similar types of work: | $69,022 |
Assets in 2013: $337,763 (it was $376,548 in 2012)
This organization: | $337,763 |
Other organizations performing similar types of work: | $17,244 |
Expenses in 2012: $267,658
This organization: | $267,658 |
Other organizations performing similar types of work: | $63,163 |
Income to expenses ratio in 2012: 6.3
Lake Cumberland Youth Football Inc: | 6.3 |
Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2012: 0.0%
This organization: | 0.0% |
Other organizations performing similar types of work: | 0.5% |
Revenue for 2012
Functional expenses for 2012
Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
Initiation fees and capital contributions | $0 |
Gross receipts for public use of club facilities | $0 |
Gross income from members or shareholders | $0 |
Gross income from other sources | $0 |
Statement of Revenue (for 2012) | |
Total revenue | $245,997 |
Contributions, Gifts, Grants and Other Similar Amounts | $0 |
Program Service Revenue | $108,240 |
Other Revenue | |
Investment income (including dividends, interest, and other similar amounts) | $23 |
Income from investment of tax-exempt bond proceeds | $0 |
Royalties | $0 |
Net rental income | $44,537 |
Gross rents (Real / Personal) | $159,000 / $0 |
Less: rental expenses (Real / Personal) | $114,463 / $0 |
Rental income or (loss) (Real / Personal) | $44,537 / $0 |
Net gain from sales of assets other than inventory | $0 |
Net income from fundraising events | $0 |
Net income from gaming activities | $93,197 |
Gross income from gaming activities | $1,865,436 |
Less: direct expenses | $1,772,239 |
Net income from sales of inventory | $0 |
Miscellaneous Revenue | $0 |
Statement of Functional Expenses (for 2012) | |
Total functional expenses | $267,658 |
Compensation of current officers, directors, trustees, and key employees | $65,000 |
Other salaries and wages | $0 |
Payroll taxes | $7,942 |
Professional fundraising services | $0 |
Other | $194,716 |
Balance Sheet (for 2012) | |
Total assets | $376,548 |
Total liabilities | $0 |
Total net assets or fund balances | $376,548 |
Retained earnings, endowment, accumulated income, or other funds | $376,548 |
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 | $11,163,197 |
Gifts, grants, contributions, and membership fees received | $11,163,197 |
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 | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Oldham County Vipers Baseball Inc | PO BOX 493, Goshen, KY 40026-0493 | KY | 2011-11 | $265,443 |
2 | Louisville Lightning Baseball Club Inc | 10402 Livingston Gilbert Ct, Louisville, KY 40223-3477 | KY | 2009-10 | $214,122 |
3 | Lone Oak Youth Baseball-Softball Association Inc | 326 Oriole Ln, Paducah, KY 42001-6120 | KY | 2012-02 | $178,204 |
4 | Northern Kentucky Baseball Association Inc, Nkb | PO BOX 246, Butler, KY 41006-0246 | KY | 2014-03 | $170,633 |
5 | Prairie Village Baseball-Softball Inc | 10009 Stonestreet Rd, Louisville, KY 40272-2821 | KY | 2011-09 | $164,454 |
6 | Warren County Youth Softball Association | PO BOX 1418, Bowling Green, KY 42102-1418 | KY | 2005-05 | $110,046 |
7 | South Hardin Baseball And Softball Inc | PO BOX 23, Cecilia, KY 42724-0023 | KY | 2005-09 | $104,088 |
8 | Hoptown Hoppers Inc | Po Box 536, Hopkinsville, KY 42240 | KY | 2013-04 | $71,683 |
9 | Southwest Lexington Pony Baseball Inc | PO BOX 8288, Lexington, KY 40533-8288 | KY | 1999-04 | $64,982 |
10 | Legends Kd Select Team Inc | 1132 Lafayette Blvd, Winchester, KY 40391 | KY | 2014-07 | $50,845 |
11 | Youth Sports Association Inc | PO BOX 961, Murray, KY 42071-0016 | KY | 2001-11 | $36,847 |
12 | Lexington Hustlers Baseball Inc | 1999 Richmond Road Suite 300, Lexington, KY 40502 | KY | 2010-05 | $30,150 |
13 | Gchs Baseball Boosters Inc | Po Box 654, Leitchfield, KY 42755 | KY | 2009-07 | $28,645 |
14 | West Louisville Sports Inc | P O Box 11919, Louisville, KY 40251-0919 | KY | 2003-01 | $14,304 |
15 | Wayne County Home Run Club Inc | 34 Roy Smith Rd, Monticello, KY 42633-8029 | KY | 2010-03 | $12,389 |
16 | Bardstown Bats | 1020 Farmaway Dr, Bardstown, KY 40004 | KY | 2011-07 | $12,361 |
17 | So That All May Play-The Matt Ross Fund Inc | 405 Prospect St, Berea, KY 40403-1726 | KY | 2010-08 | $7,268 |
18 | Auburn Baseball And Softball Inc | 220 North College Street, Auburn, KY 42206 | KY | 2014-06 | $0 |
19 | Bases Inc | 3046 Winding Trails Drive, Edgewood, KY 41017-9630 | KY | 2000-02 | $0 |
20 | Beep Baseball Kentucky Inc | 2988 Masters View Rd, Lexington, KY 40511-8780 | KY | 2014-06 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 8,763 |
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