International Star Class Yacht Racing Association Inc in Annapolis, Maryland (MD)
Table of contents:
| International Star Class Yacht Racing Association Inc | |
| Employer Identification Number (EIN) | 131556216 |
| Name of Organization | International Star Class Yacht Racing Association Inc |
| Address | 914 Bay Ridge Rd Ste 220, Annapolis, MD 21403-3919 |
| Activities | Amateur athletic association |
| Subsection | Charitable Organization |
| Ruling Date | 09/1944 |
| 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 | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $443,925 |
| Amount of Income | $194,363 |
| Form 990 Revenue Amount | $191,676 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Amateur Sports Clubs, Leagues, (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2012
Functional expenses for 2012
Support schedule
| 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? | Yes |
| 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 | $202,025 |
| Contributions, Gifts, Grants and Other Similar Amounts | $0 |
| Program Service Revenue | $123,695 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $10,063 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net gain from sales of assets other than inventory | $914 |
| Gross amount from sales of assets other than inventory (Securities / Other) | $0 / $914 |
| Less: cost or other basis and sales expenses (Securities / Other) | $0 / $0 |
| Gain or (loss) (Securities / Other) | $0 / $914 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net loss from sales of inventory | $-348 |
| Gross sales of inventory, less returns and allowances | $4,912 |
| Less: cost of goods sold | $5,260 |
| Miscellaneous Revenue | $67,701 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $244,588 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $51,545 |
| Payroll taxes | $4,298 |
| Professional fundraising services | $0 |
| Other | $188,745 |
| Balance Sheet (for 2012) | |
| Total assets | $406,840 |
| Total liabilities | $17,645 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $17,645 |
| Total net assets or fund balances | $389,195 |
| Retained earnings, endowment, accumulated income, or other funds | $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 | $1,141,288 |
| Gifts, grants, contributions, and membership fees received | $708,457 |
| 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 | $387,254 |
| 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 | $45,577 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $8 | $16,227 | $-5,747 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $10,480 | $16,227 | $-5,747 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $0 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $0 |
| Unrelated business taxable income | $-5,747 |
| Unrelated business taxable income before net operating loss deduction | $-5,747 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $-5,747 |
| Specific deduction | $1,000 |
| Write your review! |
|
|
| Recently Added Reviews |
| Epping Forest Chapel in Annapolis, MD |
Asian Relief Inc in Annapolis, MD
  |
|
Theocracy International Ministries Inc, Theocracy Christian Center in Capitol Hgts, MD
|
|
Phoenix Wildlife Center Inc in Phoenix, MD
|
| Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha in Silver Spring, MD |
Bright Eyes Sanctuary Inc in Hagerstown, MD
 |
|
St Mary Episcopal Church in Woodlawn, MD
|
| Turning Point Church in Rockville, MD |
|
Beaverbrook Community Association Inc in Columbia, MD
|
|
Skye Foundation Inc in Suitland, MD
|
| Other organizations in Maryland | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Hundt Family Foundation Inc | 6416 Brookside Dr, Chevy Chase, MD 20815-6649 | MD | 2000-08 | $1,682,013 |
| 2 | Indian Creek School Incorporated | 680 Evergreen Rd, Crownsville, MD 21032-1000 | MD | 1973-08 | $15,448,494 |
| 3 | Innterim Housing Corporation | 112 Sudbrook Ln, Baltimore, MD 21208-4148 | MD | 1992-02 | $682,268 |
| 4 | International Baccalaureate Organization | 7501 Wisconsin Ave Ste 200, Bethesda, MD 20814-6501 | MD | 2008-04 | $166,844,063 |
| 5 | International Double-Reed Society | 2423 Lawndale Rd, Finksburg, MD 21048-1401 | MD | 1981-12 | $368,393 |
| 6 | International Dyslexia Association Inc | 40 York Rd 4 Fl, Towson, MD 21204-5243 | MD | 1972-03 | $2,157,257 |
| 7 | International Municipal Lawyers Association Inc | 7910 Woodmont Ave Ste 1440, Bethesda, MD 20814-3033 | MD | 1990-10 | $1,559,365 |
| 8 | International Society For Advancement Of Cytometry | 9650 Rockville Pike, Bethesda, MD 20814-3999 | MD | 1985-01 | $2,710,496 |
| 9 | International Society For Cerebral Blood Flow And Metabolism Inc | 9650 Rockville Pike, Bethesda, MD 20814-3999 | MD | 1990-04 | $1,651,686 |
| 10 | International Society For Performance Improvement, Kansas City Chapter Ispi | 1400 Spring St Ste 400, Silver Spring, MD 20910-2754 | MD | 1963-10 | $1,133,123 |
| 11 | International Star Class Yacht Racing Association Inc | 914 Bay Ridge Rd Ste 220, Annapolis, MD 21403-3919 | MD | 1944-09 | $194,363 |
| 12 | Jacob And Hilda Blaustein Foundation Inc | 1 South St Ste 2900, Baltimore, MD 21202-3334 | MD | 1959-05 | $24,347,843 |
| 13 | John J Pohanka Family Foundation | 1772 Ritchie Station Ct, Capitol Hgts, MD 20743-5065 | MD | 1997-05 | $4,855,789 |
| 14 | Johns Hopkins Community Physicians Inc | 3910 Keswick Rd South Bldg 4th, Baltimore, MD 21211-2226 | MD | 1987-07 | $183,103,789 |
| 15 | Joseph Meyerhoff Fund Inc | 1 South St Ste 1000, Baltimore, MD 21202-7301 | MD | 1954-09 | $2,475,169 |
| 16 | The Keith Campbell Foundation For The Environment Inc | 2850 Quarry Lake Dr, Baltimore, MD 21209-3748 | MD | 2000-04 | $51,897,691 |
| 17 | Kent Center Inc | 215 Scheeler Rd, Chestertown, MD 21620-1020 | MD | 1981-03 | $3,293,151 |
| 18 | Keswick Multi Care Center Inc | 700 W 40th St, Baltimore, MD 21211-2140 | MD | 1938-03 | $35,228,678 |
| 19 | Life Skills Workshop Inc | 8817 Belmart Rd, Potomac, MD 20854-1612 | MD | 2000-05 | $89,513 |
| 20 | Lyn P Meyerhoff Foundation Inc | 1 South St Ste 1000, Baltimore, MD 21202-7301 | MD | 1990-06 | $203,697 |
Organization representatives - add corrected or new information about International Star Class Yacht Racing Association Inc »
Non-representatives - add comments about International Star Class Yacht Racing Association Inc»