Matthews Elementary School Pto in Matthews, North Carolina (NC)
Table of contents:
| Matthews Elementary School Pto | |
| Employer Identification Number (EIN) | 561799375 |
| Name of Organization | Matthews Elementary School Pto |
| Address | 200 Mcdowell St, Matthews, NC 28105-5773 |
| Activities | Parent or parent teachers association |
| Subsection | Charitable Organization |
| Ruling Date | 05/1993 |
| 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 | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $28,973 |
| Amount of Income | $136,923 |
| Form 990 Revenue Amount | $68,016 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Parent/Teacher Group |
Non-representatives - add comments:
Amount of income in 2014: $136,923 (it was $135,861 in 2013)
| This organization: | $136,923 |
| Other organizations performing similar types of work: | $70,354 |
Assets in 2014: $28,973 (it was $30,652 in 2013)
| This organization: | $28,973 |
| Other organizations performing similar types of work: | $32,469 |
Expenses in 2014: $81,308
| This organization: | $81,308 |
| Other organizations performing similar types of work: | $43,504 |
Income to expenses ratio in 2014: 1.7
| This organization: | 1.7 |
| Other organizations performing similar types of work: | 1.5 |
Grants share in income in 2014: 19.8%
| This organization: | 19.8% |
| Other organizations performing similar types of work: | 13.0% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $75,207 | $76,087 | $68,016 |
| Contributions, gifts, grants, and similar amounts received | $14,315 | $14,863 | $13,473 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $2,149 | $1,439 | $1,242 |
| 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 | $50,850 | $44,642 | $45,494 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $114,663 | $99,341 | $102,817 |
| Less: direct expenses from gaming and fundraising events | $63,813 | $54,699 | $57,323 |
| Gross profit/loss from sales of inventory | $7,893 | $10,534 | $5,951 |
| Gross sales of inventory, less returns and allowances | $21,665 | $15,609 | $17,535 |
| Less: cost of goods sold | $13,772 | $5,075 | $11,584 |
| Other revenue | $0 | $4,609 | $1,856 |
| Total expenses | $79,210 | $94,830 | $81,308 |
| Total net assets | $48,317 | $30,652 | $28,973 |
| Excess/Deficit for the year | $-4,003 | $-18,743 | $-13,292 |
| Net assets or fund balances at beginning of year | $50,695 | $48,317 | $30,652 |
| Other changes in net assets or fund balances | $1,625 | $1,078 | $11,613 |
| Net assets or fund balances at end of year | $48,317 | $30,652 | $28,973 |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $48,317 | $30,652 | $28,973 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $48,317 | $30,652 | $28,973 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No | 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 | No | No |
| Total amount involved | $0 | $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? | No | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No |
| Reason for Public Charity Status (for 2014) | |
| 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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $688,681 |
| Subtotal | $688,681 |
| Gifts, grants, contributions, and membership fees received | $77,414 |
| 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 | $611,267 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $698,499 |
| Public support | $688,681 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $9,818 |
| 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 | Pta North Carolina Congress, Sharon Elementary School | 4330 Foxcroft Rd, Charlotte, NC 28211-3844 | NC | 1996-07 | $169,679 |
| 2 | Park Road Montessori Pto | 3701 Haven Dr, Charlotte, NC 28209-2120 | NC | 1998-02 | $159,305 |
| 3 | Matthews Elementary School Pto | 200 Mcdowell St, Matthews, NC 28105-5773 | NC | 1993-05 | $136,923 |
| 4 | Pta North Carolina Congress, Westlake Elementary Pta | 4500 W Lake Rd, Apex, NC 27539-7655 | NC | 1985-05 | $109,628 |
| 5 | Pta North Carolina Congress, Baucom Av Elem School Pta | 400 Hunter St, Apex, NC 27502-1320 | NC | 1985-05 | $69,441 |
| 6 | Pta North Carolina Congress, Pine Valley Pta | 440 John S Mosby Drive, Wilmington, NC 28412 | NC | 1985-05 | $68,343 |
| 7 | South Charlotte Middle School Fine Arts Network | 8040 Strawberry Ln, Charlotte, NC 28277-8600 | NC | 1996-07 | $54,965 |
| 8 | Ledford Middle School Parent Teacher Organization | 3954 N Nc Highway 109, Thomasville, NC 27360-7468 | NC | 1988-08 | $53,716 |
| 9 | Cherryville South Elementary Pto Inc | 104 Chavis Dr, Cherryville, NC 28021 | NC | 1989-08 | $0 |
| 10 | Hunt Choral Association Of Parents | 1216 Kingswood Rd Nw, Wilson, NC 27896-2008 | NC | 1995-03 | $0 |
| 11 | Irving Park School Classroom Excellence Fund Inc | 1310 Sunset Dr, Greensboro, NC 27408-7218 | NC | 1996-01 | $0 |
| 12 | Love Memorial Elementary Parent Teacher Organization | 1463 Love Memorial School Road, Lincolnton, NC 28092 | NC | 1996-06 | $0 |
| 13 | Parents At Work For Students | 4200 Academic Dr, New Bern, NC 28562-9692 | NC | 1996-05 | $0 |
| 14 | Pilot Mountain School Pto | PO BOX 1842, Pilot Mtn, NC 27041-1842 | NC | 1991-06 | $0 |
| 15 | Rosewood Booster Club | 900 Rosewood Road, Goldsboro, NC 27530 | NC | 1992-04 | $0 |
| 16 | Rosman Middle H S Organization Of Parents Teachers & Students | 2770 Old Rosman Hwy, Rosman, NC 28772 | NC | 1994-01 | $0 |
| 17 | St Clair School Pto Inc | 1410 Mcneill Rd, Sanford, NC 27330-9526 | NC | 1996-07 | $0 |
| 18 | Table Rock Middle School Parent Teacher Student Organization | 1585 Hwy 126, Morgantown, NC 28655 | NC | 1994-02 | $0 |
| 19 | Western Alamance Middle School Pto | 705 Brookview Dr, Elon, NC 27244-9188 | NC | 1996-03 | $0 |
| 20 | Youngsville Pto, Youngsville Elem School | PO BOX 338, Youngsville, NC 27596-0338 | NC | 1993-01 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,801 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Matthews Elementary School Pto »
Non-representatives - add comments about Matthews Elementary School Pto»