Philippine Surgeons In America Incorporated, Spsa in Potomac, Maryland (MD)

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Philippine Surgeons In America Incorporated, Spsa
Employer Identification Number (EIN)263622117
Name of OrganizationPhilippine Surgeons In America Incorporated
Secondary NameSpsa
In Care of NameReynaldo L Lee-Llacer
Address12009 Piney Meetinghouse Rd, Potomac, MD 20854-1432
SubsectionCharitable Organization
Ruling Date02/2010
DeductibilityContributions are deductible
FoundationOrganization 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
OrganizationCorporation
Tax Period12/2012
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$5,176
Amount of Income$27,650
Form 990 Revenue Amount$27,650
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose


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Financial snapshot ($)

Functional expenses for 2012

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$27,650
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$27,650
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$28,397
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$15,000
Other$13,397
Balance Sheet (for 2012)
Total assets$5,176
Total liabilities$0
Total net assets or fund balances$5,176
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
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