Namequoit Sailing Association Inc in Orleans, Massachusetts (MA)
Table of contents:
Namequoit Sailing Association Inc | |
Employer Identification Number (EIN) | 060803110 |
Name of Organization | Namequoit Sailing Association Inc |
Address | Keziahs Lane, Orleans, MA 02653 |
Subsection | Educational Organization |
Ruling Date | 03/2000 |
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 | 12/2014 |
Assets | $25,000 to $99,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $42,745 |
Amount of Income | $70,839 |
Form 990 Revenue Amount | $67,327 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Recreational, Pleasure, or Social Club |
Non-representatives - add comments:
Amount of income in 2014: $70,839 (it was $69,831 in 2013)
This organization: | $70,839 |
Other organizations performing similar types of work: | $62,479 |
Assets in 2014: $42,745 (it was $24,572 in 2013)
This organization: | $42,745 |
Other organizations performing similar types of work: | $41,400 |
Expenses in 2013: $62,792
Namequoit Sailing Association Inc: | $62,792 |
Other organizations performing similar types of work: | $49,751 |
Income to expenses ratio in 2013: 1.1
This organization: | 1.1 |
Other organizations performing similar types of work: | 0.9 |
Grants share in income in 2013: 39.6%
Namequoit Sailing Association Inc: | 39.6% |
Other organizations performing similar types of work: | 0.0% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $58,281 | $65,512 | $69,831 |
Contributions, gifts, grants, and similar amounts received | $3,593 | $11,424 | $27,675 |
Program service revenue including government fees and contracts | $36,007 | $35,935 | $24,100 |
Membership dues and assessments | $17,380 | $17,125 | $17,375 |
Investment income | $0 | $0 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $1,301 | $417 | $860 |
Gross income from gaming | $0 | $0 | $0 |
Gross income from fundraising events | $3,047 | $1,490 | $2,140 |
Less: direct expenses from gaming and fundraising events | $1,747 | $1,073 | $1,280 |
Gross profit/loss from sales of inventory | $0 | $461 | $-183 |
Gross sales of inventory, less returns and allowances | $0 | $1,406 | $3,357 |
Less: cost of goods sold | $0 | $945 | $3,540 |
Other revenue | $0 | $150 | $4 |
Total expenses | $70,326 | $65,316 | $62,792 |
Total net assets | $17,444 | $17,640 | $24,572 |
Excess/Deficit for the year | $-12,045 | $196 | $7,039 |
Net assets or fund balances at beginning of year | $29,489 | $17,444 | $17,640 |
Other changes in net assets or fund balances | $0 | $0 | $-107 |
Net assets or fund balances at end of year | $17,187 | $17,640 | $24,572 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $17,444 | $17,640 | $24,572 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $17,444 | $17,640 | $24,572 |
Other Information | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No |
Were any significant changes made to the organizing or governing documents? | No | No | No |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
Has the organization filed a Form 990-T for the year? | No | No | No |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No |
Amount of political expenditures, direct or indirect | $0 | $0 | $0 |
Did the organization file Form 1120-POL for this year? | No | 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 | No |
Total amount involved | $0 | $0 | $0 |
Initiation fees and capital contributions | $0 | $0 | $0 |
Gross receipts for public use of club facilities | $0 | $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 | No |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No |
Reason for Public Charity Status (for 2013) | |
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 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public support | $303,038 |
Subtotal | $303,038 |
Gifts, grants, contributions, and membership fees received | $124,650 |
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 | $178,388 |
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 | $303,054 |
Public support | $303,038 |
Subtotal | $16 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $16 |
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 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Treasure Island Tennis & Yacht Club | 400 Treasure Island Cswy, Treasure Is, FL 33706-1131 | FL | 2007-10 | $3,103,974 |
2 | Tau Kappa Epsilon Fraternity Inc, 298 Iota Zeta Colony | 747 Comstock Ave, Syracuse, NY 13210-2820 | NY | 2004-02 | $249,224 |
3 | University Club Of Boston | 426 Stuart St, Boston, MA 02116-5007 | MA | 1934-07 | $6,735,054 |
4 | Tatnuck Country Club, Robert M Wyatt - Genl Mgr | 1222 Pleasant St, Worcester, MA 01602-1644 | MA | 1959-07 | $2,155,167 |
5 | West Chop Club Inc | 162 Iroquois Ave, Vineyard Hvn, MA 02568-5141 | MA | 1969-03 | $2,152,610 |
6 | Berkshire Hills C C Inc | PO BOX 1678, Pittsfield, MA 01202-1678 | MA | 1950-06 | $1,553,784 |
7 | Segregansett Country Club | 85 Gulliver St, Taunton, MA 02780-1646 | MA | 1941-02 | $1,548,638 |
8 | Singing Beach Club Inc | PO BOX 67, Lynnfield, MA 01940-0067 | MA | 1945-10 | $1,320,326 |
9 | Polish American Citizens Club | 355 East St, Ludlow, MA 01056-3007 | MA | 2011-12 | $968,476 |
10 | Sons Of Erin Cape Cod Inc | 633 Route 28, W Yarmouth, MA 02673-5059 | MA | 2007-04 | $626,529 |
11 | Soccer Without Borders | 9 Waterhouse St, Cambridge, MA 02138-3607 | MA | 2006-02 | $571,646 |
12 | Winthrop Golf Club | 453 Main St, Winthrop, MA 02152-1613 | MA | 2002-05 | $542,228 |
13 | Webster Dudley Country Club Inc | PO BOX 1459, Dudley, MA 01571-1459 | MA | 2001-01 | $495,496 |
14 | Number Six Club | 428 Memorial Dr, Cambridge, MA 02139-4305 | MA | 2012-02 | $386,579 |
15 | Tau Kappa Epsilon Fraternity Inc, Zeta-Mu Corporation | 210 Park Ave Box 315, Worcester, MA 01609-2246 | MA | 2004-02 | $375,514 |
16 | Italian American Citizens Club | 7 Essex Green Dr, Peabody, MA 01960-2961 | MA | 2010-06 | $367,248 |
17 | Wessagussett Yacht Club | PO BOX 74, N Weymouth, MA 02191-0001 | MA | 2012-03 | $244,210 |
18 | Xi Fellowship Inc | 253 Commonwealth Ave, Boston, MA 02116-1609 | MA | 2013-07 | $223,758 |
19 | West End Beagle Club Inc Of Gardner | PO BOX 432, Gardner, MA 01440-0432 | MA | 2006-08 | $210,640 |
20 | St Anthonys Band Club Inc | 1040 Pine St, Fall River, MA 02723-1436 | MA | 2002-08 | $199,079 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 11,322 |
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