Minnesota Vocational Agriculture Instructors Association Scholarshi in Mountain Lake, Minnesota (MN)

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Minnesota Vocational Agriculture Instructors Association Scholarshi
Employer Identification Number (EIN)237101057
Name of OrganizationMinnesota Vocational Agriculture Instructors Association Scholarshi
In Care of NameFrank Quam
Address36810 County Road 8, Mountain Lake, MN 56159-2105
ActivitiesScholarships (other)
SubsectionEducational Organization
Ruling Date03/1971
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
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$5,377
Amount of Income$1
Form 990 Revenue Amount$1


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20102011201220132014
Total revenue$0$0$0$143$1
Contributions, gifts, grants, and similar amounts received$0$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0$0
Membership dues and assessments$0$0$0$0$0
Investment income$0$0$0$143$1
Gain/Loss from sale of assets other than inventory$0$0$0$0$0
Net income/loss from gaming and fundraising events$0$0$0$0$0
Gross profit/loss from sales of inventory$0$0$0$0$0
Other revenue$0$0$0$0$0
Total expenses$0$0$0$1,515$855
Total net assets$0$0$0$6,231$5,377
Excess/Deficit for the year$0$0$0$-1,372$-854
Net assets or fund balances at beginning of year$0$0$0$7,603$6,231
Other changes in net assets or fund balances$0$0$0$0$0
Net assets or fund balances at end of year$0$0$6,231$5,377
Balance Sheets
20102011201220132014
Total assets$0$0$0$6,231$5,377
Total liabilities$0$0$0$0$0
Net assets or fund balances$0$0$0$6,231$5,377
Other Information
20102011201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNoNo
Amount of political expenditures, direct or indirect$0$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNoNo
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?NoNoNoNo
Total amount involved$0$0$0$0
Initiation fees and capital contributions$0$0$0$0$0
Gross receipts for public use of club facilities$0$0$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?NoNoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported0
Sum of amounts of support$0
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