Velvetrevolution Us Inc in Bethesda, Maryland (MD)

Velvetrevolution Us Inc
Employer Identification Number (EIN)	201935517
Name of Organization	Velvetrevolution Us Inc
In Care of Name	Brett Kimberlin
Address	8100 Beech Tree Rd, Bethesda, MD 20817-2931
Subsection	Social Welfare Organization
Ruling Date	10/2005
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$1 to $9,999
Income	$1 to $9,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$1,126
Amount of Income	$9,985
Form 990 Revenue Amount	$9,985
National Taxonomy of Exempt Entities (NTEE)	Civil Rights, Social Action, Advocacy: Civil Rights, Social Action, Advocacy (Not Elsewhere Classified)

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Financial snapshot ($)

	2010	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$77,963	$95,259	$73,705	$9,985
Contributions, gifts, grants, and similar amounts received	$77,963	$95,259	$73,705	$9,985
Program service revenue including government fees and contracts	$0	$0	$0	$0
Membership dues and assessments	$0	$0	$0	$0
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	$0	$0	$0	$0
Gross profit/loss from sales of inventory	$0	$0	$0	$0
Other revenue	$0	$0	$0	$0
Total expenses	$80,706	$85,859	$83,377	$11,211
Total net assets	$-1,876	$7,524	$-2,148	$-3,374
Excess/Deficit for the year	$-2,743	$9,400	$-9,672	$-1,226
Net assets or fund balances at beginning of year	$867	$-1,876	$7,524	$-2,148
Other changes in net assets or fund balances	$0	$0	$0	$0
Net assets or fund balances at end of year			$-2,148	$-3,374

	2010	2011	2012	2013
Balance Sheets
Total assets	$2,624	$12,024	$2,352	$1,126
Total liabilities	$4,500	$4,500	$4,500	$4,500
Net assets or fund balances	$-1,876	$7,524	$-2,148	$-3,374

	2010	2011	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?			No	No
Were any significant changes made to the organizing or governing documents?			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
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?			No	No
Amount of political expenditures, direct or indirect			$0	$0
Did the organization file Form 1120-POL for this year?			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?			Yes	Yes
Total amount involved			$4,500	$4,500
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
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?			No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

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