Athletic Club Of Beverly Inc in Beverly, New Jersey (NJ)

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Athletic Club Of Beverly Inc
Employer Identification Number (EIN)221922680
Name of OrganizationAthletic Club Of Beverly Inc
Address725 Broad St, Beverly, NJ 08010-1507
ActivitiesOther sports or athletic activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date07/1971
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period07/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$142,710
Amount of Income$195,729
Form 990 Revenue Amount$85,629


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$85,629
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$4,912
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$80,717
Gross sales of inventory, less returns and allowances$190,817
Less: cost of goods sold$110,100
Other revenue$0
Total expenses$86,370
Total net assets$89,230
Deficit for the year$-741
Net assets or fund balances at beginning of year$89,971
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$142,710
Total liabilities$53,480
Net assets or fund balances$89,230
Other Information (for 2012)
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 2012)
The organization is not a private foundation because it is:Not provided
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