Ocean Springs Sailing Squadron Inc in Ocean Springs, Mississippi (MS)
Table of contents:
| Ocean Springs Sailing Squadron Inc | |
| Employer Identification Number (EIN) | 264268123 |
| Name of Organization | Ocean Springs Sailing Squadron Inc |
| In Care of Name | Joseph Pocreva |
| Address | 100 Front Beach Drive, Ocean Springs, MS 39564 |
| Subsection | Charitable Organization |
| Ruling Date | 05/2010 |
| Deductibility | Contributions are deductible |
| Foundation | Organization 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 |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2013 |
| Assets | $0 |
| Income | $0 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $35,089 |
| Amount of Income | $70,405 |
| Form 990 Revenue Amount | $70,405 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Independent Foundations |
Non-representatives - add comments:
Amount of income in 2013: $70,405 (it was $0 in 2012)
| Ocean Springs Sailing Squadron Inc: | $70,405 |
| Other organizations performing similar types of work: | $103,138 |
Assets in 2013: $35,089 (it was $0 in 2012)
| Ocean Springs Sailing Squadron Inc: | $35,089 |
| Other organizations performing similar types of work: | $338,623 |
Expenses in 2011: $66,781
| Ocean Springs Sailing Squadron Inc: | $66,781 |
| Other organizations performing similar types of work: | $46,867 |
Income to expenses ratio in 2011: 1.1
| This organization: | 1.1 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2011: 10.1%
| This organization: | 10.1% |
| Other organizations performing similar types of work: | 79.6% |
Revenue for 2011
Support schedule
| Statements Regarding Other IRS Filings and Tax Compliance (for 2011) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Gross income from members or shareholders | $0 |
| Gross income from other sources | $0 |
| Statement of Revenue (for 2011) | |
| Total revenue | $70,405 |
| Contributions, Gifts, Grants and Other Similar Amounts | $7,120 |
| Program Service Revenue | $36,553 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $0 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $2,100 |
| Gross rents (Real / Personal) | $2,100 / $0 |
| Less: rental expenses (Real / Personal) | $0 / $0 |
| Rental income or (loss) (Real / Personal) | $2,100 / $0 |
| Net gain from sales of assets other than inventory | $0 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net loss from sales of inventory | $-548 |
| Gross sales of inventory, less returns and allowances | $1,372 |
| Less: cost of goods sold | $1,920 |
| Miscellaneous Revenue | $25,180 |
| Statement of Functional Expenses (for 2011) | |
| Total functional expenses | $66,781 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $0 |
| Payroll taxes | $0 |
| Professional fundraising services | $0 |
| Other | $66,781 |
| Balance Sheet (for 2011) | |
| Total assets | $35,089 |
| Total liabilities | $2,997 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $2,997 |
| Total net assets or fund balances | $32,092 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2011) | |
| 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 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2011) | |
| 2007 - 2011 Total | |
|---|---|
| Total support | $100,459 |
| Gifts, grants, contributions, and membership fees received | $25,512 |
| 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 | $3,472 |
| 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 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Other | $71,475 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Warren A Hood Jr Family Foundation | PO BOX 682, Hattiesburg, MS 39403-0682 | MS | 2007-04 | $3,177,120 |
| 2 | Sam E And Burnice C Wittelfoundation | PO BOX 1970, Jackson, MS 39215-1970 | MS | 2006-03 | $1,255,123 |
| 3 | Dkc Foundation | 4068 Boxwood Cir, Jackson, MS 39211-6609 | MS | 2013-05 | $730,926 |
| 4 | William Battle Crooks & Saramel Repsher Crooks Foundation | 1701 Lakeland Avenue No 2nd Fl, Jackson, MS 39216-4884 | MS | 1999-12 | $351,498 |
| 5 | Trehern Charitable Foundation | 102 Doswell Ct, Ocean Springs, MS 39564-5422 | MS | 2006-10 | $260,241 |
| 6 | Grand Lodge Of Mississippi Foundation | 2400 23rd Ave, Meridian, MS 39301-2155 | MS | 2011-09 | $209,885 |
| 7 | The@terrell E Wise And Eloise D Wise Foundation | PO BOX 12424, Jackson, MS 39236-2424 | MS | 2001-01 | $106,373 |
| 8 | Mendenhall Family Foundation Inc | 123 Moss Ln, Madison, MS 39110-7170 | MS | 2011-01 | $103,213 |
| 9 | Ocean Springs Sailing Squadron Inc | 100 Front Beach Drive, Ocean Springs, MS 39564 | MS | 2010-05 | $70,405 |
| 10 | Currie Family Foundation Inc | 1028 Filgo Rd, Tupelo, MS 38801-8462 | MS | 2011-10 | $29,395 |
| 11 | Gregory Foundation Inc | PO BOX 38, Tunica, MS 38676-0038 | MS | 2010-05 | $13,028 |
| 12 | Stevens Fam Foundation Charitable Tr, Stevens Norman Goetzmann Jr Ttee | PO BOX 247, Mount Olive, MS 39119-0247 | MS | 2000-03 | $4,736 |
| 13 | The Holly Foundation | PO BOX 9483, Jackson, MS 39286-9483 | MS | 2014-09 | $1,916 |
| 14 | Bill C Hudson Jr Foundation | 309 S 40th Ave, Hattiesburg, MS 39402-1734 | MS | 2009-12 | $138 |
| 15 | Drs Foundation | 34 Broadmoor Dr, Laurel, MS 39440-2267 | MS | 2007-07 | $1 |
| 16 | Hal And Linda Parker Foundation | 2820 Narrow Gauge Rd, Bolton, MS 39041-9774 | MS | 2002-08 | $1 |
| 17 | U-Save Auto Rental Charitable Foundation | 1052 Highland Pkwy Ste 204, Ridgeland, MS 39157-8764 | MS | 2000-10 | $1 |
| 18 | Ceaser Family Foundation | 325 Heritage Pl, Jackson, MS 39212-5878 | MS | 2014-09 | $0 |
| 19 | Friends Of Alice Moseley Foundation | 511 Spanish Acres Dr, Bay St Louis, MS 39520-3217 | MS | 2015-03 | $0 |
| 20 | Guy H White Family Foundation | 613 Crescent Cir Ste 100, Ridgeland, MS 39157-8637 | MS | 2007-11 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 20,448 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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