National Vip Kids Network Inc in Lanham, Maryland (MD)

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National Vip Kids Network Inc
Employer Identification Number (EIN)522075547
Name of OrganizationNational Vip Kids Network Inc
In Care of NameBallard Spahr Andrews & Ingersoll
Address4409 Forbes Blvd, Lanham, MD 20706-4373
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Other youth organization or activities
SubsectionCharitable Organization, Educational Organization
Ruling Date07/1998
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1,519
Amount of Income$528
Form 990 Revenue Amount$528
National Taxonomy of Exempt Entities (NTEE)Youth Development: Youth Development (Not Elsewhere Classified)


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Financial snapshot ($)

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?No
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$528
Contributions, Gifts, Grants and Other Similar Amounts$528
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$1,743
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$1,743
Balance Sheet (for 2012)
Total assets$1,519
Total liabilities$155,555
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$105,555
Unsecured notes and loans payable to unrelated third parties$50,000
Total net assets or fund balances$-154,036
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 a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$5,442
Gifts, grants, contributions, and membership fees received$5,442
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$0
Gross receipts from related activities, etc.$0
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