Midland Gymnastics Club Inc in Midland, Michigan (MI)
Table of contents:
| Midland Gymnastics Club Inc | |
| Employer Identification Number (EIN) | 382219997 |
| Name of Organization | Midland Gymnastics Club Inc |
| Address | PO BOX 1178, Midland, MI 48641-1178 |
| Activities | Training in sports |
| Subsection | Educational Organization |
| Ruling Date | 12/1979 |
| Deductibility | Contributions are deductible |
| Foundation | School |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $31,362 |
| Amount of Income | $98,470 |
| Form 990 Revenue Amount | $11,665 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: |
Non-representatives - add comments:
Amount of income in 2014: $98,470 (it was $14,032 in 2013)
| This organization: | $98,470 |
| Other organizations performing similar types of work: | $190,714 |
Assets in 2014: $31,362 (it was $33,034 in 2013)
| This organization: | $31,362 |
| Other organizations performing similar types of work: | $139,196 |
Expenses in 2013: $6,959
| Midland Gymnastics Club Inc: | $6,959 |
| Other organizations performing similar types of work: | $166,629 |
Income to expenses ratio in 2013: 14.2
| Midland Gymnastics Club Inc: | 14.2 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 15.1%
| Midland Gymnastics Club Inc: | 15.1% |
| Other organizations performing similar types of work: | 8.3% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $4,046 | $7,129 | $14,032 |
| Contributions, gifts, grants, and similar amounts received | $0 | $2,181 | $2,118 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $2,145 | $2,562 | $2,904 |
| Investment income | $4 | $1 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $1,897 | $2,385 | $9,010 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $46,244 | $78,862 | $96,953 |
| Less: direct expenses from gaming and fundraising events | $44,347 | $76,477 | $87,943 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $4,444 | $3,929 | $6,959 |
| Total net assets | $22,761 | $25,961 | $33,034 |
| Excess/Deficit for the year | $-398 | $3,200 | $7,073 |
| Net assets or fund balances at beginning of year | $23,159 | $22,761 | $25,961 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $25,961 | $33,034 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $22,761 | $25,961 | $33,034 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $22,761 | $25,961 | $33,034 |
| 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: | 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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $410,941 |
| Subtotal | $410,941 |
| Gifts, grants, contributions, and membership fees received | $17,695 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $393,246 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $410,941 |
| Public support | $410,941 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | U S Speedskating | 5662 S Cougar Ln, Kearns, UT 84118-6055 | UT | 1966-09 | $4,391,647 |
| 2 | Southern Region Volleyball Association | PO BOX 19425, Birmingham, AL 35219-9425 | AL | 1990-07 | $1,577,996 |
| 3 | South Erie Turnverein | 2663 Peach St, Erie, PA 16508-1850 | PA | 1977-09 | $1,530,653 |
| 4 | Sports Performace Volleyball Inc | 579 N Oakhurst Dr, Aurora, IL 60502-9080 | IL | 1981-10 | $1,142,375 |
| 5 | Washington Area Bicyclist Association | 2599 Ontario Rd Nw, Washington, DC 20009-2811 | DC | 1973-08 | $1,120,165 |
| 6 | United States Handball Association | 2333 N Tucson Blvd, Tucson, AZ 85716-2726 | AZ | 1955-12 | $1,087,480 |
| 7 | Team Evergreen Bicycle Club Inc | PO BOX 3804, Evergreen, CO 80437-3804 | CO | 1990-02 | $1,041,605 |
| 8 | Ultrafit Usa | PO BOX 629, Hilliard, OH 43026-0629 | OH | 1986-02 | $642,133 |
| 9 | Road Runners Club Of America, Charlottesville Track Club | PO BOX 495, Charlottesvle, VA 22902-0495 | VA | 1976-06 | $597,202 |
| 10 | South Shore Seahawks Inc | PO BOX 784, Norwell, MA 02061-0784 | MA | 1973-05 | $540,112 |
| 11 | United States Judo Federation | PO BOX 338, Ontario, OR 97914-0338 | OR | 1984-08 | $507,760 |
| 12 | Sunkist Kids Wrestling Club Inc | PO BOX 12520, Scottsdale, AZ 85267-2520 | AZ | 1989-12 | $505,804 |
| 13 | Valley Gymnastics Association | 1927 North Gilbert Road, Mesa, AZ 85203-2851 | AZ | 1984-04 | $304,665 |
| 14 | Road Runners Club Of America, Oregon Road Runners Club | 4840 Sw Western Ave Ste 200, Beaverton, OR 97005-3450 | OR | 1976-03 | $299,430 |
| 15 | Road Runners Club Of America, Memphis Runners Track Club | PO BOX 17981, Memphis, TN 38187-0981 | TN | 1976-03 | $295,831 |
| 16 | Sokol Greater Cleveland Gymnastic & Educational Organization | 4939 Broadway Ave, Cleveland, OH 44127-1168 | OH | 1970-10 | $292,372 |
| 17 | Road Runners Club Of America, Chattanooga Track Club | PO BOX 11241, Chattanooga, TN 37401-2241 | TN | 1976-06 | $287,212 |
| 18 | Midland Gymnastics Club Inc | PO BOX 1178, Midland, MI 48641-1178 | MI | 1979-12 | $98,470 |
| 19 | Greater Kalamazoo Gymnastics Academy, Gkwg Booster Club | 2723 Kersten Ct, Kalamazoo, MI 49048 | MI | 1982-09 | $41,378 |
| 20 | Northern Michigan Gymnastics Club Inc | 971 Lynch Dr, Traverse City, MI 49686-4800 | MI | 1981-06 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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