Town And Country Recreation Center Inc in Louisburg, North Carolina (NC)

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Town And Country Recreation Center Inc
Employer Identification Number (EIN)560935216
Name of OrganizationTown And Country Recreation Center Inc
AddressPO BOX 606, Louisburg, NC 27549-0606
ActivitiesOther recreational activities, Other social activities, Other sports or athletic activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date10/1969
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$287,356
Amount of Income$82,609
Form 990 Revenue Amount$80,215


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$83,872$80,215
Contributions, gifts, grants, and similar amounts received$0$0
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$81,170$76,845
Investment income$137$678
Gain/Loss from sale of assets other than inventory$1,465$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$1,182
Gross sales of inventory, less returns and allowances$0$3,576
Less: cost of goods sold$0$2,394
Other revenue$1,100$1,510
Total expenses$69,109$80,838
Total net assets$288,790$287,867
Excess/Deficit for the year$14,763$-623
Net assets or fund balances at beginning of year$274,627$288,790
Other changes in net assets or fund balances$-600$-300
Net assets or fund balances at end of year$287,867
Balance Sheets
20122013
Total assets$289,020$287,356
Total liabilities$230$-511
Net assets or fund balances$288,790$287,867
Other Information
20122013
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 activitiesNoNo
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$3,900$0
Gross receipts for public use of club facilities$975$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:Not provided
Number of organizations supported0
Sum of amounts of support$0
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