Washington Sports & Entertainment Charities Inc in Washington, District of Columbia (DC)

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Washington Sports & Entertainment Charities Inc
Employer Identification Number (EIN)521627622
Name of OrganizationWashington Sports & Entertainment Charities Inc
In Care of NameLatonya Wilkerson
AddressC/O Wse Charities Inc 601 F Stree, Washington, DC 20004
ActivitiesSupplying money, goods or services to the poor
SubsectionCharitable Organization
Ruling Date06/1989
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period12/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$262,134
Amount of Income$41,452
Form 990 Revenue Amount$25,088
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Fund Raising Organizations That Cross Categories


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$25,088
Contributions, gifts, grants, and similar amounts received$2,035
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$23,053
Gross income from gaming$0
Gross income from fundraising events$39,417
Less: direct expenses from gaming and fundraising events$16,364
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$28,588
Total net assets$262,134
Deficit for the year$-3,500
Net assets or fund balances at beginning of year$265,634
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$262,134
Total liabilities$0
Net assets or fund balances$262,134
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
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 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$1,008,926
Gifts, grants, contributions, and membership fees received$1,008,926
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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