Park Spirit Of Worcester Inc in Worcester, Massachusetts (MA)

Park Spirit Of Worcester Inc
Employer Identification Number (EIN)	042985201
Name of Organization	Park Spirit Of Worcester Inc
In Care of Name	Dorothy Hargrove
Address	Po Box 20088, Worcester, MA 01602
Website	http://www.parkspirit.org
Activities	Business promotion (chamber of commerce, business league, etc.)
Subsection	Charitable Organization
Ruling Date	05/1988
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	2011
Assets	$25,000 to $99,999
Income	$10,000 to $24,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$70,565
Amount of Income	$22,313
Form 990 Revenue Amount	$22,313

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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue	$22,313
Contributions, gifts, grants, and similar amounts received	$22,016
Program service revenue including government fees and contracts	$0
Membership dues and assessments	$200
Investment income	$97
Gain from sale of assets other than inventory	$0
Net income from gaming and fundraising events	$0
Gross profit from sales of inventory	$0
Other revenue	$0
Total expenses	$27,415
Total net assets	$70,565
Deficit for the year	$-5,102
Net assets or fund balances at beginning of year	$75,667
Other changes in net assets or fund balances	$0

Balance Sheets (for 2012)
Total assets	$70,565
Total liabilities	$0
Net assets or fund balances	$70,565

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

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

	2008 - 2012 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
Total support	$161,039
Gifts, grants, contributions, and membership fees received	$157,388
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	$3,651

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