Accessories Resource Team 1 Inc in Charlotte, North Carolina (NC)

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Accessories Resource Team 1 Inc
Employer Identification Number (EIN)593287834
Name of OrganizationAccessories Resource Team 1 Inc
In Care of NameC Stapleton
AddressPO BOX 31813, Charlotte, NC 28231-1813
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionBoard of Trade
Ruling Date01/1997
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$26,923
Amount of Income$316,495
Form 990 Revenue Amount$282,619


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Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
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 2012)
Total revenue$210,753
Contributions, Gifts, Grants and Other Similar Amounts$27,599
Program Service Revenue$169,316
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$7
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$13,831
Gross income from fundraising events$60,974
Less: direct expenses$47,143
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$218,894
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$218,894
Balance Sheet (for 2012)
Total assets$132,689
Total liabilities$119,897
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$119,897
Total net assets or fund balances$12,792
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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