Park Rapids Activities Foundation Incorporated in Park Rapids, Minnesota (MN)
Table of contents:
| Park Rapids Activities Foundation Incorporated | |
| Employer Identification Number (EIN) | 411704411 |
| Name of Organization | Park Rapids Activities Foundation Incorporated |
| In Care of Name | Park Rapids Area High School |
| Address | PO BOX 211, Park Rapids, MN 56470-0211 |
| Activities | Scholarships (other), Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 06/1992 |
| 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 | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $216,794 |
| Amount of Income | $41,050 |
| Form 990 Revenue Amount | $38,810 |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $36,692 | $57,009 | $38,810 |
| Contributions, gifts, grants, and similar amounts received | $32,047 | $41,691 | $30,181 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $3,304 | $13,323 | $3,973 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $4,216 |
| Gross amount from sale of assets other than inventory | $0 | $0 | $4,216 |
| Less: cost or other basis and sales expenses | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $1,341 | $1,995 | $440 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $2,773 | $2,971 | $2,680 |
| Less: direct expenses from gaming and fundraising events | $1,432 | $976 | $2,240 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $71,807 | $54,478 | $53,258 |
| Total net assets | $276,555 | $279,086 | $216,794 |
| Excess/Deficit for the year | $-35,115 | $2,531 | $-14,448 |
| Net assets or fund balances at beginning of year | $311,670 | $276,555 | $279,086 |
| Other changes in net assets or fund balances | $0 | $0 | $-47,844 |
| Net assets or fund balances at end of year | $279,086 | $216,794 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $276,555 | $279,086 | $216,794 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $276,555 | $279,086 | $216,794 |
| 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 | $239,608 |
| Subtotal | $239,608 |
| Gifts, grants, contributions, and membership fees received | $225,415 |
| 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 | $14,193 |
| 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 | $306,275 |
| Public support | $239,608 |
| Subtotal | $66,667 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $66,667 |
| 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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| Other organizations in Minnesota | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Parents Of Latin American Children | 8824 47 1/2 Ave N, New Hope, MN 55428-4442 | MN | 1989-12 | $86,639 |
| 2 | Parents United For Public Schools | 1667 Snelling Ave N, Saint Paul, MN 55108-2131 | MN | 2003-10 | $171,691 |
| 3 | Park Association Of Teachers | 4021 Bryant Ave S, Minneapolis, MN 55409 | MN | 2000-05 | $0 |
| 4 | Park Avenue Youth And Family Services | 3400 Park Ave, Minneapolis, MN 55407-2020 | MN | 1986-06 | $172,733 |
| 5 | Park Center Band Boosters | 9042 Nevada Ave N, Brooklyn Park, MN 55445 | MN | 1989-10 | $26,582 |
| 6 | Park Center Senior Party | 7300 Brooklyn Blvd, Brooklyn Park, MN 55443 | MN | 2006-05 | $0 |
| 7 | Park Development Foundation | C/O Dean D Barr 50 S Sixth St No, Minneapolis, MN 55402 | MN | 2006-10 | $207,282 |
| 8 | Park Hill Cemetery Association | 2500 Vermilion Rd, Duluth, MN 55803-2342 | MN | 1939-06 | $295,675 |
| 9 | Park Nicollet Institute, Whole Wheat Toastmasters Club #6144 | 5400 Auto Club Way, Minneapolis, MN 55416 | MN | 2011-06 | $38,063,333 |
| 10 | Park Point Community Club Incorporated | PO BOX 16326, Duluth, MN 55802 | MN | 1988-11 | $72,645 |
| 11 | Park Rapids Activities Foundation Incorporated | PO BOX 211, Park Rapids, MN 56470-0211 | MN | 1992-06 | $41,050 |
| 12 | Park Rapids Area Chambers Of Commerce | 1204 Park Ave, Park Rapids, MN 56470 | MN | 1982-07 | $365,414 |
| 13 | Park Rapids Convention & Visitors Bureau Inc, Park Rapids Cvb Inc | PO BOX 255, Park Rapids, MN 56470-0255 | MN | 2001-06 | $82,337 |
| 14 | Living At Home Of The Park Rapids Area | 109 Grove Ave S Ste 5, Park Rapids, MN 56470-1787 | MN | 2000-06 | $109,227 |
| 15 | Park Region Telephone Charitable Trust Inc, C-O Park Region Mutual Telephone Co | PO BOX 277, Underwood, MN 56586-0277 | MN | 1993-04 | $4,712 |
| 16 | Park Ridge Housing | 815 Forest Ave, Northfield, MN 55057-1643 | MN | 1996-12 | $122,833 |
| 17 | Park Schools Credit Union | 4915 West 35th St, St Louis Park, MN 55416-2643 | MN | 1944-09 | $51,263 |
| 18 | Park Sportsmens Club Inc | 3100 Bryant Ave S, Minneapolis, MN 55408-2831 | MN | 1977-02 | $76,443 |
| 19 | Park Square Theatre Company | 408 Saint Peter St Ste 110, Saint Paul, MN 55102-1121 | MN | 1976-09 | $2,997,504 |
| 20 | Park View Care Center | 7485 Office Ridge Cir, Eden Prairie, MN 55344-3690 | MN | 1975-02 | $11,220,509 |
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