Capital Aquatics League in Lincoln, Nebraska (NE)
Table of contents:
| Capital Aquatics League | |
| Employer Identification Number (EIN) | 204398000 |
| Name of Organization | Capital Aquatics League |
| In Care of Name | Thomas N Wackel |
| Address | PO BOX 67246, Lincoln, NE 68506-7246 |
| Subsection | Charitable Organization |
| Ruling Date | 06/2007 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $36,960 |
| Amount of Income | $92,302 |
| Form 990 Revenue Amount | $86,142 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Swimming, Water Recreation |
Non-representatives - add comments:
Amount of income in 2013: $92,302 (it was $98,940 in 2012)
| Capital Aquatics League: | $92,302 |
| Other organizations performing similar types of work: | $81,788 |
Assets in 2013: $36,960 (it was $33,478 in 2012)
| Capital Aquatics League: | $36,960 |
| Other organizations performing similar types of work: | $33,448 |
Expenses in 2013: $82,098
| This organization: | $82,098 |
| Other organizations performing similar types of work: | $75,206 |
Income to expenses ratio in 2013: 1.1
| Capital Aquatics League: | 1.1 |
| Other organizations performing similar types of work: | 0.9 |
Grants share in income in 2013: 0.5%
| Capital Aquatics League: | 0.5% |
| Other organizations performing similar types of work: | 78.3% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $79,147 | $88,646 | $86,142 |
| Contributions, gifts, grants, and similar amounts received | $650 | $400 | $400 |
| Program service revenue including government fees and contracts | $59,471 | $58,503 | $0 |
| Membership dues and assessments | $12,136 | $13,061 | $76,058 |
| Investment income | $19 | $6 | $4 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $6,292 | $16,226 | $9,680 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $15,339 | $26,520 | $15,840 |
| Less: direct expenses from gaming and fundraising events | $9,047 | $10,294 | $6,160 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $579 | $450 | $0 |
| Total expenses | $77,164 | $87,097 | $82,098 |
| Total net assets | $24,649 | $41,728 | $28,148 |
| Excess/Deficit for the year | $1,983 | $1,549 | $4,044 |
| Net assets or fund balances at beginning of year | $22,666 | $40,179 | $24,104 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $41,728 | $29,272 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $32,414 | $33,478 | $36,960 |
| Total liabilities | $7,765 | $-8,250 | $8,812 |
| Net assets or fund balances | $24,649 | $41,728 | $28,148 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | 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 | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | 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 | |
| Total amount involved | $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 | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| 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 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $471,121 |
| Subtotal | $471,121 |
| Gifts, grants, contributions, and membership fees received | $359,441 |
| 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 | $111,680 |
| 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 | $471,183 |
| Public support | $471,121 |
| Subtotal | $62 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $62 |
| 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 | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Cedars Youth Services Inc in Lincoln, NE
  |
| American Rose Society, Lincoln Rose Society in Lincoln, NE |
|
Lincoln Animal Ambassadors in Lincoln, NE
|
| Phoenix Mix Inc in Lincoln, NE |
|
Southview Baptist Church in Lincoln, NE
|
|
Friends Of The Dog Parks Inc in Lincoln, NE
|
| Fraternal Order Of Eagles, Auxiliary 3990 in York, NE |
| International Order Of The Kings Daughters And Sons in Sidney, NE |
| Women United Ministries in Bellevue, NE |
|
Center For Holistic Development in Omaha, NE
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | University Swim Club | Po Box 10442, Knoxville, TN 37939-0442 | TN | 2007-02 | $43,203 |
| 2 | Us Swimming Inc, Usa Swimming | 1 Olympic Plaza, Colorado Springs, CO 80909 | CO | 2006-03 | $40,777,941 |
| 3 | Sea Scout Base Galveston | 7509 Broadway St, Galveston, TX 77554-8921 | TX | 2012-02 | $9,959,938 |
| 4 | International Professional Surfing, Triple Crown Of Surfing | 59-063 Hoalua St Apt A, Haleiwa, HI 96712-8721 | HI | 2013-11 | $2,830,586 |
| 5 | Seva Seahawks Booster Club | PO BOX 1781, Yorktown, VA 23692-1781 | VA | 1995-03 | $2,663,053 |
| 6 | Row New York | 1027 46th Ave Ste 101, Long Is City, NY 11101-5202 | NY | 2002-03 | $1,874,869 |
| 7 | Katy Aquatic Team For Youth Inc, Katy Aquatics Summer Team | 5506 First Street Ave, Katy, TX 77493 | TX | 2001-08 | $1,788,163 |
| 8 | New England Science & Sailing Foundation Inc | PO BOX 733, Stonington, CT 06378-0733 | CT | 2004-08 | $1,387,535 |
| 9 | Saratoga Rowing Association Inc | PO BOX 750, Saratoga Spgs, NY 12866-0750 | NY | 2001-06 | $1,240,829 |
| 10 | Metropolitan Omaha Swim Team Incorporated | 135 N Irving St, Fremont, NE 68025-6345 | NE | 2006-08 | $150,192 |
| 11 | Capital Aquatics League | PO BOX 67246, Lincoln, NE 68506-7246 | NE | 2007-06 | $92,302 |
| 12 | Scotts Bluff County Torpedoes Swim Club Inc | PO BOX 260, Scottsbluff, NE 69363-0260 | NE | 2002-02 | $47,764 |
| 13 | Capital Heights Swim Club Inc | PO BOX 5582, Grand Island, NE 68802 | NE | 2002-04 | $0 |
| 14 | Columbus Aquatics Association | 3625 35th Street, Columbus, NE 68601 | NE | 2009-06 | $0 |
| 15 | Fremont Area Swim Team Club | 2958 Antler Cir, Fremont, NE 68025-6494 | NE | 2014-08 | $0 |
| 16 | Greater Nebraska Swim Team Kearney | 1 North Lake Drive, Kearney, NE 68847 | NE | 2009-03 | $0 |
| 17 | Infant Swim Of America Inc | 285 S 68th Street Pl Ste 320, Lincoln, NE 68510-2586 | NE | 2010-08 | $0 |
| 18 | Kearney Area Swim Team Inc | 4303 Avenue F, Kearney, NE 68847-2665 | NE | 1998-05 | $0 |
| 19 | Lss Booster Club | 6949 Kings Ct, Lincoln, NE 68516 | NE | 2014-11 | $0 |
| 20 | South Sioux Dolphin Swim Team | PO BOX 743, S Sioux City, NE 68776-0743 | NE | 2003-11 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 2,651 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Capital Aquatics League »
Non-representatives - add comments about Capital Aquatics League»