Crown Sports Club in Lansing, Michigan (MI)

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Crown Sports Club
Employer Identification Number (EIN)382937215
Name of OrganizationCrown Sports Club
In Care of NameRobert A Every
Address724 North Francis Avenue, Lansing, MI 48912-4319
ActivitiesOther youth organization or activities
SubsectionCharitable Organization
Ruling Date07/1990
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
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$123,869
Amount of Income$181,361
Form 990 Revenue Amount$181,361


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Financial snapshot ($)

Revenue for 2009

Assets for 2009

Analysis of Revenue and Expenses (for 2009)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$181,361$0$0
Contributions, gifts, grants, etc., received$179,567
Interest on savings and temporary cash investments$1,794
Dividends and interest from securities$0
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$185,488$0$0$0
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$185,488$0$0
Contributions, gifts, grants paid$0
Excess of revenue over expenses and disbursements$-4,127
Net investment income$0
Adjusted net income$0
Balance Sheets (for 2009)
Book ValueFair Market Value
Total assets$123,869$0
Cash - non-interest-bearing$64,740
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Other$59,129
Total liabilities$37,750
Mortgages and other notes payable$0
Other$37,750
Total liabilities and net assets/fund balances$86,119
Capital Gains and Losses for Tax on Investment Income (for 2009)
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income (for 2009)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$0
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$0
Amount to be credited to 2010 estimated tax$0
Statements Regarding Activities (for 2009)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2009 or the taxable year beginning in 2009?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2009)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2009, did the foundation have any undistributed income for tax year(s) beginning before 2009?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2009)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$0
Net value of noncharitable-use assets$0
Minimum investment return$0
Distributable Amount (for 2009)
Distributable amount$0
Undistributed Income (for 2009)
Distributable amount for 2009$0
Undistributed income for 2009. This amount must be distributed in 2010$0
Private Operating Foundations (for 2009)
2009200820072006Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
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