Krusin Klassics in Escanaba, Michigan (MI)
Table of contents:
| Krusin Klassics | |
| Employer Identification Number (EIN) | 382848246 |
| Name of Organization | Krusin Klassics |
| Address | PO BOX 1321, Escanaba, MI 49829-6321 |
| Activities | Other social activities |
| Subsection | Social Welfare Organization |
| Ruling Date | 04/1992 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $10,000 to $24,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $21,619 |
| Amount of Income | $54,566 |
| Form 990 Revenue Amount | $6,301 |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $-1,122 | $-4,963 | $6,301 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $1,095 | $710 | $480 |
| Investment income | $239 | $124 | $92 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $-2,456 | $-5,797 | $5,729 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $51,276 | $45,902 | $53,994 |
| Less: direct expenses from gaming and fundraising events | $53,732 | $51,699 | $48,265 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $4,621 | $3,243 | $5,163 |
| Total net assets | $28,687 | $20,481 | $21,619 |
| Excess/Deficit for the year | $-5,743 | $-8,206 | $1,138 |
| Net assets or fund balances at beginning of year | $34,430 | $28,687 | $20,481 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $20,481 | $21,619 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $28,687 | $20,481 | $21,619 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $28,687 | $20,481 | $21,619 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| 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 |
| 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? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $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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| 6 | Krat & Co | PO BOX 40629, Redford, MI 48240-0629 | MI | 2015-03 | $0 |
| 7 | Kris Perani Hockey Foundation | 3600 S Dort Hwy, Flint, MI 48507 | MI | 2008-05 | $15,278 |
| 8 | Kris Sirchio Foundation | 5206 Gateway Center, Flint, MI 48507-3920 | MI | 1999-11 | $5,686 |
| 9 | Krishnamurti Rajghat Foundation Inc | 5549 Blue Spruce Ln, Kalamazoo, MI 49009-4568 | MI | 1988-05 | $23,821 |
| 10 | Kronk Gym Foundation | 8904 Woodward, Detroit, MI 48202 | MI | 2009-02 | $0 |
| 11 | Krusin Klassics | PO BOX 1321, Escanaba, MI 49829-6321 | MI | 1992-04 | $54,566 |
| 12 | Kurt C And Sally S Frisch Fam Foundation, Frisch Kurt C Ttee | 17986 Parke Ln, Grosse Ile, MI 48138-1042 | MI | 2000-08 | $7,999 |
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| 14 | Kymal Family Foundation | 4301 Ann Arbor Saline Rd, Ann Arbor, MI 48103-9780 | MI | 1995-11 | $250 |
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| 16 | L & D Foundation | A-5228 147th Ave, Holland, MI 49423-9304 | MI | 1990-10 | $1 |
| 17 | L & H Foundation | 32606 Pine Ridge Dr, Warren, MI 48093-1000 | MI | 1997-05 | $248,682 |
| 18 | L & L Adult Day Care Inc | 1485 E Outer Dr, Detroit, MI 48234-1265 | MI | 2002-07 | $177,044 |
| 19 | L & L Educational Foundation | 160 Mclean, Romeo, MI 48065-4919 | MI | 2005-06 | $2,810,008 |
| 20 | L Anse Creuse Foundation For Educational Opportunities | 24076 Fv Pankow Boulevard, Clinton Township, MI 48036-1304 | MI | 1990-10 | $81,646 |
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