Parents Assisting Children In Sports in Statesville, North Carolina (NC)

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Parents Assisting Children In Sports
Employer Identification Number (EIN)270145135
Name of OrganizationParents Assisting Children In Sports
In Care of NameAndy Bandel - Treasurer
Address2809amity Hill Road, Statesville, NC 28677
SubsectionCharitable Organization
Ruling Date05/2011
DeductibilityContributions are deductible
FoundationOrganization 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
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$47
Amount of Income$2,010
Form 990 Revenue Amount$2,010
National Taxonomy of Exempt Entities (NTEE)Youth Development: Youth Development Programs, Other


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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$2,010
Contributions, gifts, grants, and similar amounts received$1,435
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Gross sales of inventory, less returns and allowances$2,464
Less: cost of goods sold$2,464
Other revenue$575
Total expenses$1,768
Total net assets$47
Excess for the year$242
Net assets or fund balances at beginning of year$-195
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$47
Total liabilities$0
Net assets or fund balances$47
Other Information (for 2011)
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 2011)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$4,474
Gifts, grants, contributions, and membership fees received$1,435
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$3,039
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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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