Albert Lea Figure Skating Club in Albert Lea, Minnesota (MN)
Table of contents:
| Albert Lea Figure Skating Club | |
| Employer Identification Number (EIN) | 416057020 |
| Name of Organization | Albert Lea Figure Skating Club |
| In Care of Name | MICHELLE THOMPSON |
| Address | PO BOX 368, Albert Lea, MN 56007 |
| Activities | Other sports or athletic activities |
| Subsection | Educational Organization |
| Ruling Date | 08/2010 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2009 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $60,555 |
| Amount of Income | $128,567 |
| Form 990 Revenue Amount | $84,334 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Physical Fitness and Community Recreational Facilities |
Non-representatives - add comments:
Amount of income in 2009: $128,567 (it was $84,334 in 2014)
| Albert Lea Figure Skating Club: | $128,567 |
| Other organizations performing similar types of work: | $75,203 |
Assets in 2009: $60,555 (it was $60,555 in 2014)
| Albert Lea Figure Skating Club: | $60,555 |
| Other organizations performing similar types of work: | $56,156 |
Expenses in 2014: $57,244
| Albert Lea Figure Skating Club: | $57,244 |
| Other organizations performing similar types of work: | $63,875 |
Income to expenses ratio in 2014: 2.2
| Albert Lea Figure Skating Club: | 2.2 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 0.0%
| Albert Lea Figure Skating Club: | 0.0% |
| Other organizations performing similar types of work: | 10.4% |
Revenue for 2014
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $58,170 | $68,473 | $84,334 |
| Contributions, gifts, grants, and similar amounts received | $840 | $3,425 | $0 |
| Program service revenue including government fees and contracts | $37,449 | $42,041 | $64,766 |
| Membership dues and assessments | $2,170 | $1,750 | $0 |
| Investment income | $7 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $3,563 | $12,271 | $9,913 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $24,568 | $36,612 | $37,565 |
| Less: direct expenses from gaming and fundraising events | $21,005 | $24,341 | $27,652 |
| Gross profit/loss from sales of inventory | $14,141 | $8,986 | $7,496 |
| Gross sales of inventory, less returns and allowances | $38,186 | $26,894 | $24,077 |
| Less: cost of goods sold | $24,045 | $17,908 | $16,581 |
| Other revenue | $0 | $0 | $2,159 |
| Total expenses | $53,794 | $60,792 | $57,244 |
| Total net assets | $25,784 | $33,465 | $60,555 |
| Excess/Deficit for the year | $4,376 | $7,681 | $27,090 |
| Net assets or fund balances at beginning of year | $21,408 | $25,784 | $33,465 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $33,465 | $60,555 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $25,784 | $33,465 | $60,555 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $25,784 | $33,465 | $60,555 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| 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 | Yes | No |
| Has the organization filed a Form 990-T for the year? | Yes | 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 2014) | |
| The organization is not a private foundation because it is: | A school described in section 170(b)(1)(A)(ii) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Veterans Of Foreign Wars Post 2766 in Breckenridge, MN
  |
|
Stalker Lake Sportsmens Club Inc in Dalton, MN
|
| Riverside Cemetery Association in Breckenridge, MN |
| Cuyuna Range Housing Inc in Ironton, MN |
|
Pets Abandoned Wanting Support in Motley, MN
|
|
Urban Agriculture International Program Inc in St Paul, MN
|
|
Lake City Music Boosters in Lake City, MN
|
|
Relapsing Polychondritis Awareness And Support Foundation in Anoka, MN
|
|
Foe River Basin Community Development Organization in St Paul, MN
|
|
Christian Actioin League Of Minnesota in Minneapolis, MN
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Triangle Aquatic Center | 275 Convention Dr, Cary, NC 27511-4257 | NC | 2002-10 | $3,510,557 |
| 2 | Detroit Mountain Recreation Area Inc | 29409 170th St, Detroit Lakes, MN 56501-7570 | MN | 2011-04 | $6,583,079 |
| 3 | Champlin-Dayton Athletic Association | 1453 Helmo Ave N, Oakdale, MN 55128-6002 | MN | 2003-04 | $4,472,761 |
| 4 | Heritage Park Senior Services Center | 1001 Washington Ave N, Minneapolis, MN 55401-1043 | MN | 2010-11 | $137,807 |
| 5 | Lake Superior Swim Club | 739 Mellwood Ave, Duluth, MN 55804-1717 | MN | 2011-08 | $63,873 |
| 6 | Payne Maryland Partnership | 1115 Greenbrier St, Saint Paul, MN 55106-2540 | MN | 2011-01 | $50,106 |
| 7 | John Burch Park Supporters | 406 Mill Street West, Cannon Falls, MN 55009 | MN | 2009-03 | $7,952 |
| 8 | Active Kids Outdoors Foundation | 4305 Little Bluestem Tr N, Lake Elmo, MN 55042 | MN | 2012-08 | $0 |
| 9 | Americas Child Minnesota | 8009 34th Ave S, Minneapolis, MN 55425-1608 | MN | 2000-11 | $0 |
| 10 | Faribault County Trail Association | 20500 375th Ave, Winnebago, MN 56098 | MN | 1997-12 | $0 |
| 11 | Lake Wobegon Trails | 33504 Shorewood Dr, Avon, MN 56310 | MN | 2014-11 | $0 |
| 12 | Mankato Area Bmx | 23533 3rd Ave, Mankato, MN 56001 | MN | 2009-02 | $0 |
| 13 | Northern Lights Archery Club | 114 3rd Street Sw Suite D, Roseau, MN 56751 | MN | 2015-03 | $0 |
| 14 | Orr Recreation And Resource Center Inc | Po Box 322, Orr, MN 55771 | MN | 2014-12 | $0 |
| 15 | Perham Twin Roller Rink | 513 Pinetree Drive, Perham, MN 56573 | MN | 1968-06 | $0 |
| 16 | Rcw Pool Commission Inc | 301 Ne 3rd Street, Renville, MN 56284 | MN | 2009-07 | $0 |
| 17 | Ross Community Rink & Rec Inc | 35493 State Hwy 89, Roseau, MN 56751 | MN | 2014-09 | $0 |
| 18 | Simply Outdoor Experiences Inc | PO BOX 7384, Saint Cloud, MN 56302-7384 | MN | 2012-12 | $0 |
| 19 | The Wreck | 871 Western Avenue North, Park Rapids, MN 56470 | MN | 2014-04 | $0 |
| 20 | Ye Olde Schoolgrounds Inc | 42915 275th Avenue, Laporte, MN 56461 | MN | 2012-04 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,316 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Albert Lea Figure Skating Club »
Non-representatives - add comments about Albert Lea Figure Skating Club»