Falls Lake Academy Inc in Creedmoor, North Carolina (NC)
Table of contents:
Falls Lake Academy Inc | |
Employer Identification Number (EIN) | 461167805 |
Name of Organization | Falls Lake Academy Inc |
Address | 1701 E Lyon Station Rd, Creedmoor, NC 27522-9101 |
Subsection | Educational Organization |
Ruling Date | 01/2014 |
Deductibility | Contributions are deductible |
Foundation | School |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 06/2014 |
Assets | $100,000 to $499,999 |
Income | $1,000,000 to $4,999,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $340,730 |
Amount of Income | $2,560,364 |
Form 990 Revenue Amount | $2,560,364 |
National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: |
Non-representatives - add comments:
Amount of income in 2014: $2,560,364 (it was $5,706 in 2013)
This organization: | $2,560,364 |
Other organizations performing similar types of work: | $2,542,338 |
Assets in 2014: $340,730 (it was $710 in 2013)
Falls Lake Academy Inc: | $340,730 |
Other organizations performing similar types of work: | $807,636 |
Expenses in 2013: $4,996
This organization: | $4,996 |
Other organizations performing similar types of work: | $2,510,452 |
Income to expenses ratio in 2013: 512.5
This organization: | 512.5 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 0.0%
This organization: | 0.0% |
Other organizations performing similar types of work: | 1.6% |
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |
2013 | |
---|---|
Total revenue | $5,706 |
Contributions, gifts, grants, and similar amounts received | $0 |
Program service revenue including government fees and contracts | $0 |
Membership dues and assessments | $0 |
Investment income | $0 |
Gain/Loss from sale of assets other than inventory | $0 |
Net income/loss from gaming and fundraising events | $0 |
Gross profit/loss from sales of inventory | $0 |
Other revenue | $5,706 |
Total expenses | $4,996 |
Total net assets | $710 |
Excess/Deficit for the year | $710 |
Net assets or fund balances at beginning of year | $0 |
Other changes in net assets or fund balances | $0 |
Net assets or fund balances at end of year | $710 |
Balance Sheets | |
2013 | |
---|---|
Total assets | $710 |
Total liabilities | $0 |
Net assets or fund balances | $710 |
Other Information | |
2013 | |
---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No |
Were any significant changes made to the organizing or governing documents? | No |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
Has the organization filed a Form 990-T for the year? | No |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No |
Amount of political expenditures, direct or indirect | $0 |
Did the organization file Form 1120-POL for this year? | 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 |
Total amount involved | $0 |
Initiation fees and capital contributions | $0 |
Gross receipts for public use of club facilities | $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 |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No |
Reason for Public Charity Status (for 2013) | |
The organization is not a private foundation because it is: | A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii) |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Write your review! |
|
Recently Added Reviews |
Centers For Spiritual Living, Csl Asheville in Asheville, NC
|
Kyle Busch Foundation in Mooresville, NC |
Marine Corps League, Marine Corps League Cherokee Detachment 1011 in Murphy, NC
|
Colonial Capital Humane Society in New Bern, NC |
Living Church Of God International Inc in Charlotte, NC
|
Greensboro Cheetahs in Greensboro, NC
|
Life Changing International Church Inc in High Point, NC
|
Mission Servants Ministries in Charlotte, NC |
Bikers For Christ Sandhills Chapter in Dunn, NC
|
Harrisburg Cruisers in Harrisburg, NC
|
Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Summit Academy Incorporated | 1285 E 13200 S, Draper, UT 84020-9000 | UT | 2005-05 | $6,769,855 |
2 | Peabody Charter School Inc | 3018 Calle Noguera, Santa Barbara, CA 93105-2848 | CA | 2009-08 | $6,466,030 |
3 | The Highlander Charter School | 42 Lexington Ave, Providence, RI 02907-1716 | RI | 2003-07 | $6,404,245 |
4 | Cheyenne Classical Academy | Po Box 984, Cheyenne, WY 82003 | WY | 2007-08 | $56,133 |
5 | Voyager Academy Inc | 101 Hock Parc, Durham, NC 27704-2563 | NC | 2007-08 | $11,344,175 |
6 | North Carolina Charter Educational Foundation Inc | 516-D River Highway No 144, Mooresville, NC 28117-6829 | NC | 2014-08 | $9,751,352 |
7 | Triad Math And Science Academy Company | 700 Creek Ridge Rd, Greensboro, NC 27406-4802 | NC | 2009-01 | $8,295,538 |
8 | Mountain Island Charter School Inc | 13440 Lucia Riverbend Hwy, Mount Holly, NC 28120-9766 | NC | 2011-05 | $7,773,335 |
9 | Roxboro Community School Inc | 115 Lake Dr, Roxboro, NC 27573-5672 | NC | 2007-01 | $5,187,471 |
10 | Socrates Academy Inc | PO BOX 110, Rutherfordton, NC 28139-0110 | NC | 2007-02 | $5,161,537 |
11 | Cornerstone Charter Academy | PO BOX 110, Rutherfordton, NC 28139-0110 | NC | 2013-05 | $4,956,633 |
12 | Woods Charter School Company | 5029 Falls Of Neuse Rd Ste 218, Raleigh, NC 27609-5498 | NC | 2007-01 | $4,911,400 |
13 | Arapohoe Charter School | 9005 Nc Highway 306 S, Arapahoe, NC 28510-9699 | NC | 1997-05 | $4,581,152 |
14 | Vance Charter School Inc | 5029 Falls Of Neuse Rd Ste 218, Raleigh, NC 27609-5498 | NC | 2000-07 | $4,290,916 |
15 | Carter G Woodson School Inc | 437 Goldfloss Street, Winstonsalem, NC 27127 | NC | 2013-01 | $4,049,340 |
16 | Henderson Collegiate | 906 Health Center Rd, Henderson, NC 27536-5479 | NC | 2010-02 | $3,662,625 |
17 | North Carolina Leadership Charter Academy Incorporated, North Carolina Leadership Acad | 4353 High Point Rd, Kernersville, NC 27284-9155 | NC | 2013-12 | $3,105,681 |
18 | Classical Academies Cfa Inc, Lake Lure Classical Academy Cfa | PO BOX 110, Rutherfordton, NC 28139-0110 | NC | 2012-04 | $2,881,769 |
19 | Pinnacle Classical Academy | PO BOX 2695, Shelby, NC 28151-2695 | NC | 2014-03 | $2,619,107 |
20 | Falls Lake Academy Inc | 1701 E Lyon Station Rd, Creedmoor, NC 27522-9101 | NC | 2014-01 | $2,560,364 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | 2,956 |
Organization representatives - add corrected or new information about Falls Lake Academy Inc »
Non-representatives - add comments about Falls Lake Academy Inc»