Davis-Townsend Principals House Fund Inc in Lexington, North Carolina (NC)

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Davis-Townsend Principals House Fund Inc
Employer Identification Number (EIN)561580243
Name of OrganizationDavis-Townsend Principals House Fund Inc
In Care of NameMilton F Vick Jr Treas
Address3583 E Holly Grove Rd, Lexington, NC 27292-9635
ActivitiesGifts, grants, or loans to other organizations
SubsectionEducational Organization
Ruling Date11/1991
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period07/2012
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$1
Amount of Income$27
Form 990 Revenue Amount$27


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$27
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$27
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$53,527
Total net assets$0
Deficit for the year$-53,500
Net assets or fund balances at beginning of year$53,500
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$1
Total liabilities$0
Net assets or fund balances$0
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:A community trust described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$499
Gifts, grants, contributions, and membership fees received$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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$499
Gross receipts from related activities, etc.$27
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