507th Fighter Group Associates Inc in High Point, North Carolina (NC)

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507th Fighter Group Associates Inc
Employer Identification Number (EIN)651306268
Name of Organization507th Fighter Group Associates Inc
Address303 Dorado Dr, High Point, NC 27265-9611
SubsectionPost or Organization of War Veterans
Ruling Date10/2008
DeductibilityContributions are deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$27,250
Amount of Income$38,435
Form 990 Revenue Amount$38,435
National Taxonomy of Exempt Entities (NTEE)Public, Society Benefit - Multipurpose and Other: Military, Veterans' Organizations


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Amount of income in 2013: $38,435 (it was $4,190 in 2012)
This organization: 

 $38,435
Other organizations performing similar types of work: 

 $50,717

Assets in 2013: $27,250 (it was $3,737 in 2012)
507th Fighter Group Associates Inc: 

 $27,250
Other organizations performing similar types of work: 

 $24,098

Expenses in 2013: $14,922
This organization: 

 $14,922
Other organizations performing similar types of work: 

 $30,000

Income to expenses ratio in 2013: 2.6
This organization: 

 2.6
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 100.0%
507th Fighter Group Associates Inc: 

 100.0%
Other organizations performing similar types of work: 

 0.3%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$5,305$4,190$38,435
Contributions, gifts, grants, and similar amounts received$5,305$4,190$38,435
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$4,183$3,912$14,922
Total net assets$3,459$3,737$27,250
Excess/Deficit for the year$1,122$278$23,513
Net assets or fund balances at beginning of year$2,337$3,459$3,737
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$3,737$27,250
Balance Sheets
201120122013
Total assets$3,459$3,737$27,250
Total liabilities$0$0$0
Net assets or fund balances$3,459$3,737$27,250
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Purple Heart Homes IncPO BOX 5535, Statesville, NC 28687-5535NC2009-04$3,097,467
2Operation Coming Home FoundationincPO BOX 18813, Raleigh, NC 27619-8813NC2014-08$508,534
3Wear Blue Run To Remember545 Orchard Falls Dr, Spring Lake, NC 28390-7076NC2012-06$224,971
4Coastal North Carolina Veterans Foundation, Wounded Warrior Home Leave105 Aspen Ct, Havelock, NC 28532-3203NC2014-09$191,218
5Combat Warriors2132 Purnell Rd, Wake Forest, NC 27587-9460NC2013-07$141,210
6Usasoc Soldier Family And Command Support Association Inc416 Kingsford Rd, Fayetteville, NC 28314-2619NC2009-03$103,853
7Patriot Hunts Inc808 Cape Fear Avenue, Fayetteville, NC 28303NC2010-11$76,468
8Sandhills Chapter Of The Military Officers Association Of AmericaPo Box 4205, Pinehurst, NC 28374NC2000-10$74,607
9Rough Riders Motorcycle Club Incorporated207 Spanish Trl, Jacksonville, NC 28546-9278NC2007-07$64,314
10Warrior Ride1401 E Oak Island Drive, Oak Island, NC 28465NC2012-03$63,684
11Association Of Bragg SpousesPO BOX 73625, Fort Bragg, NC 28307-6625NC2014-12$59,586
12Shadow Warrior AssociationPO BOX 70677, Fort Bragg, NC 28307-0677NC2008-10$58,780
13United Veterans Of America IncPo Box 337, Gastonia, NC 28052NC2003-01$45,891
14United Veterns Of America Post 1 Gaston CountyPO BOX 337, Gastonia, NC 28053NC2003-01$44,214
15Vavs Partners Inc902 Swallow Ct, New Bern, NC 28560-7238NC2013-12$29,019
16Veterans Foundation Of North Carolina Inc1260 Halsey Knob Rd, Sparta, NC 28675NC2008-11$19,474
17Special Operation Forces K9 Memorial, Sof K9 MemorialPO BOX 9821, Fayetteville, NC 28311-9092NC2014-08$18,753
18Operation Enduring Gratitude Inc353 Lewis Jones Rd, High Point, NC 27265NC2012-08$11,803
19Military Officers Association Of America Sencland ChapterP O Box 15207, Wilmington, NC 28408NC2012-06$10,100
20United Veterans Of America Inc2554 W Dixon Blvd, Shelby, NC 28152NC2003-01$7,945
Number of organizations performing similar types of work
Alaska22
Alabama108
Arkansas51
Arizona108
California416
Colorado134
Connecticut131
District of Columbia67
Delaware22
Florida419
Georgia205
Hawaii48
Iowa159
Idaho31
Illinois363
Indiana88
Kansas144
Kentucky169
Louisiana129
Massachusetts205
Maryland101
Maine69
Michigan111
Minnesota283
Missouri146
Mississippi104
Montana81
North Carolina196
North Dakota36
Nebraska101
New Hampshire64
New Jersey243
New Mexico52
Nevada83
New York454
Ohio386
Oklahoma143
Oregon127
Pennsylvania507
Rhode Island39
South Carolina133
South Dakota11
Tennessee104
Texas300
Utah48
Virginia214
Vermont45
Washington105
Wisconsin92
West Virginia47
Wyoming44
International17
Total7,505

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