Ipswich Junior Sailing Inc in Ipswich, Massachusetts (MA)
Table of contents:
| Ipswich Junior Sailing Inc | |
| Employer Identification Number (EIN) | 223382427 |
| Name of Organization | Ipswich Junior Sailing Inc |
| In Care of Name | Richard W Chase |
| Address | 76 North Ridge Rd, Ipswich, MA 01938 |
| Website | http://www.ipswichjuniorsailing.org |
| Activities | Described in section 509(a)(2) of the Code, Other instruction and training |
| Subsection | Educational Organization |
| Ruling Date | 07/1995 |
| 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 | 2010 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $106,590 |
| Amount of Income | $69,648 |
| Form 990 Revenue Amount | $68,448 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Swimming, Water Recreation |
Non-representatives - add comments:
Amount of income in 2010: $69,648 (it was $68,448 in 2012)
| This organization: | $69,648 |
| Other organizations performing similar types of work: | $81,788 |
Assets in 2010: $106,590 (it was $106,590 in 2012)
| This organization: | $106,590 |
| Other organizations performing similar types of work: | $33,448 |
Expenses in 2012: $57,405
| Ipswich Junior Sailing Inc: | $57,405 |
| Other organizations performing similar types of work: | $75,206 |
Income to expenses ratio in 2012: 1.2
| Ipswich Junior Sailing Inc: | 1.2 |
| Other organizations performing similar types of work: | 0.9 |
Grants share in income in 2012: 2.1%
| Ipswich Junior Sailing Inc: | 2.1% |
| Other organizations performing similar types of work: | 78.3% |
Revenue for 2012
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012) | |
| Total revenue | $68,448 |
| Contributions, gifts, grants, and similar amounts received | $1,425 |
| Program service revenue including government fees and contracts | $65,687 |
| Membership dues and assessments | $0 |
| Investment income | $0 |
| Gain from sale of assets other than inventory | $0 |
| Net income from gaming and fundraising events | $1,240 |
| Gross income from gaming | $0 |
| Gross income from fundraising events | $2,440 |
| Less: direct expenses from gaming and fundraising events | $1,200 |
| Gross profit from sales of inventory | $96 |
| Gross sales of inventory, less returns and allowances | $96 |
| Less: cost of goods sold | $0 |
| Other revenue | $0 |
| Total expenses | $57,405 |
| Total net assets | $106,590 |
| Excess for the year | $11,043 |
| Net assets or fund balances at beginning of year | $95,547 |
| Other changes in net assets or fund balances | $0 |
| Balance Sheets (for 2012) | |
| Total assets | $106,590 |
| Total liabilities | $0 |
| Net assets or fund balances | $106,590 |
| Other Information (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
| 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 | $274,000 |
| Gifts, grants, contributions, and membership fees received | $14,681 |
| 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 | $259,319 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
The Red Sox Foundation Inc in Boston, MA
  |
|
King Solomon Humanitarian Foundation For Handicapped Childre, Handi-Kids in Bridgewater, MA
|
| Iglesia Camino Al Calvario in Lynn, MA |
| Rossbach Charitable Remainder Tr, Rossbach Janice & C E Ahara Ttees in Lexington, MA |
| Massachusetts-Ponkapoag Tribal Council Inc in Bridgewater, MA |
|
Fc Blazers in Needham Hgts, MA
|
|
Twilight Throwers in Chelmsford, MA
|
| Wayland Baseball And Softball Association Inc in Wayland, MA |
Wellspring Inc in Hull, MA
 |
| Reason Alliance Ltd in Somerville, MA |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | University Swim Club | Po Box 10442, Knoxville, TN 37939-0442 | TN | 2007-02 | $43,203 |
| 2 | Neponset Valley River Rats Inc | 1125 East St, Mansfield, MA 02048-3411 | MA | 2011-02 | $342,985 |
| 3 | Pioneer Valley Riverfront Club Inc, Charle Hines | 121 West St, Springfield, MA 01104-3321 | MA | 2009-07 | $340,425 |
| 4 | Seekonk Swimming And Tennis Club Inc | 255 Davis St, Seekonk, MA 02771-1420 | MA | 2004-03 | $314,797 |
| 5 | Belmont Crew Club Inc, Arlington Belmont Crew Club | 31 Raleigh Road, Belmont, MA 02478-2879 | MA | 2007-10 | $292,586 |
| 6 | Valpo Surf Project Inc | 99 Pleasant Street, Cambridge, MA 02139 | MA | 2010-10 | $142,029 |
| 7 | Annisquam Yacht Club Sailing & Tennis Program Inc | 91 Pleasant St, Gloucester, MA 01930-2714 | MA | 2011-07 | $141,154 |
| 8 | Bluefish Boosters Inc | 33 Buck Knoll Road, Raynham, MA 02767 | MA | 2008-05 | $68,092 |
| 9 | Southcoast Aquatics Inc | 374 Farm St, New Bedford, MA 02740-2131 | MA | 2002-11 | $48,466 |
| 10 | Sandy Point Sailing Association Inc | PO BOX 36, Beverly, MA 01915-0001 | MA | 1997-08 | $39,578 |
| 11 | Swim Winchester Inc | PO BOX 44, Winchester, MA 01890-0044 | MA | 2014-08 | $20,231 |
| 12 | Sail Marblehead Inc | PO BOX 1430, Marblehead, MA 01945-5430 | MA | 2002-04 | $20,000 |
| 13 | Mass Bay Sailing League, Massachusetts Bay League | 21 David Mugar Way, Boston, MA 02114 | MA | 2002-12 | $17,555 |
| 14 | Wellesley High School Sailing Team, Wellesley Sailing Club | 6 Durant Road, Wellesley, MA 02482 | MA | 2011-05 | $16,020 |
| 15 | Whaling City Rowing Club Inc | PO BOX 40625, New Bedford, MA 02744-0006 | MA | 2000-03 | $12,884 |
| 16 | Boston Elite Swim Team Inc | PO BOX 300407, Jamaica Plain, MA 02130-0004 | MA | 2009-03 | $12,277 |
| 17 | Orleans Sweeps And Sculls Inc | Po Box 261, Orleans, MA 02653 | MA | 2013-01 | $10,962 |
| 18 | Sail Cape Cod Inc | Po Box 1954, Hyannis, MA 02601 | MA | 2012-12 | $4,097 |
| 19 | Inner City Marine Swim Club | 28 Orange St, Roslindale, MA 02131-2817 | MA | 2011-05 | $2,605 |
| 20 | Eastern Sailing Foundation Inc | PO BOX 1306, Marblehead, MA 01945-5306 | MA | 2010-09 | $932 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 2,651 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Ipswich Junior Sailing Inc »
Non-representatives - add comments about Ipswich Junior Sailing Inc»