Nantucket Skating Club Inc in Nantucket, Massachusetts (MA)
Table of contents:
| Nantucket Skating Club Inc | |
| Employer Identification Number (EIN) | 550833911 |
| Name of Organization | Nantucket Skating Club Inc |
| In Care of Name | Francine Balling |
| Address | PO BOX 3155, Nantucket, MA 02584-3155 |
| Subsection | Charitable Organization |
| Ruling Date | 07/2012 |
| 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 | 05/2014 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $29,519 |
| Amount of Income | $101,548 |
| Form 990 Revenue Amount | $100,723 |
| National Taxonomy of Exempt Entities (NTEE) | Youth Development: Youth Development Programs, Other |
Non-representatives - add comments:
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total revenue | $74,699 | $54,680 | $89,803 | $100,723 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $53,831 | $50,937 | $79,183 | $85,094 |
| Membership dues and assessments | $4,475 | $18 | $6,990 | $6,455 |
| Investment income | $0 | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $16,390 | $3,664 | $3,603 | $9,173 |
| Gross income from gaming | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $19,162 | $3,664 | $3,708 | $9,998 |
| Less: direct expenses from gaming and fundraising events | $2,772 | $0 | $105 | $825 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $3 | $61 | $27 | $1 |
| Total expenses | $69,166 | $58,051 | $104,325 | $90,819 |
| Total net assets | $23,859 | $28,962 | $14,440 | $24,344 |
| Excess/Deficit for the year | $5,533 | $-3,371 | $-14,522 | $9,904 |
| Net assets or fund balances at beginning of year | $18,326 | $32,333 | $28,962 | $14,440 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $28,962 | $14,440 | $24,344 | |
| Balance Sheets | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total assets | $28,394 | $32,136 | $20,090 | $29,519 |
| Total liabilities | $4,535 | $3,174 | $5,650 | $5,175 |
| Net assets or fund balances | $23,859 | $28,962 | $14,440 | $24,344 |
| Other Information | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| 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 | 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 | $0 |
| Gross receipts for public use of club facilities | $0 | $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 2014) | |
| 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 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $242,241 |
| Subtotal | $242,241 |
| Gifts, grants, contributions, and membership fees received | $22,342 |
| 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 | $219,899 |
| 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 | $242,331 |
| Public support | $242,241 |
| Subtotal | $90 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $90 |
| 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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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Nantucket Island Chamber Of Commerce | 0 Main St Ste 2, Nantucket, MA 02554-6118 | MA | 1979-05 | $762,128 |
| 2 | Nantucket Island School Of Design And The Arts | PO BOX 1848, Nantucket, MA 02554-1848 | MA | 1978-09 | $171,516 |
| 3 | Nantucket Junior Miss Scholarship Program Inc | PO BOX 3336, Nantucket, MA 02584-3336 | MA | 2000-04 | $24,540 |
| 4 | Nantucket Lighthouse School Inc | 1 Rugged Rd, Nantucket, MA 02554-6076 | MA | 2000-10 | $1,677,669 |
| 5 | Nantucket Lightship Basket Museum Inc | PO BOX 2517, Nantucket, MA 02584-2517 | MA | 1997-11 | $369,872 |
| 6 | Nantucket Maria Mitchell Assoc | 4 Vestal St, Nantucket, MA 02554-2609 | MA | 1925-10 | $2,597,897 |
| 7 | Nantucket Musical Arts Society Inc | PO BOX 897, Nantucket, MA 02554-0897 | MA | 1974-03 | $52,436 |
| 8 | Nantucket Platform Tennis Association Inc | PO BOX 3432, Nantucket, MA 02584-3432 | MA | 1985-04 | $72,607 |
| 9 | Nantucket Preservation Trust Inc | 55 Main Street, Nantucket, MA 02554 | MA | 1998-02 | $793,203 |
| 10 | Nantucket Shellfish Association Inc | PO BOX 604, Nantucket, MA 02554-0604 | MA | 2003-12 | $86,335 |
| 11 | Nantucket Skating Club Inc | PO BOX 3155, Nantucket, MA 02584-3155 | MA | 2012-07 | $101,548 |
| 12 | Nantucket Sports & Therapeutic- Accessible Recreation Inc | PO BOX 3423, Nantucket, MA 02584-3423 | MA | 2006-02 | $114,768 |
| 13 | Nantucket Student Lacrosse | PO BOX 2361, Nantucket, MA 02584-2361 | MA | 1997-08 | $37,329 |
| 14 | Nantucket Student Soccer Association Inc | PO BOX 2264, Nantucket, MA 02584-2264 | MA | 2006-03 | $99,740 |
| 15 | Nantucket Sustainable Development Corporation | PO BOX 1244, Nantucket, MA 02554-1244 | MA | 2000-05 | $528,905 |
| 16 | Nantucket Therapeutic Equestrian Center | PO BOX 23, Nantucket, MA 02554-0023 | MA | 2006-11 | $4,347 |
| 17 | Nantucket Yacht Club Foundation Inc | 1 S Beach St, Nantucket, MA 02554-6100 | MA | 2002-11 | $42,680 |
| 18 | Nantucket Youth Hockey Inc | 2 Greglen Ave Pmb 34, Nantucket, MA 02554-2830 | MA | 2005-01 | $166,340 |
| 19 | Napoleon Club Of Gardner Mass Inc | 271 Park St, Gardner, MA 01440-1640 | MA | 1975-03 | $73,191 |
| 20 | Naps-43, 43 | PO BOX 51043, Boston, MA 02205-1043 | MA | 1939-03 | $58,277 |
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