Lazy River Vaulters in Corrales, New Mexico (NM)

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Lazy River Vaulters
Employer Identification Number (EIN)562614220
Name of OrganizationLazy River Vaulters
In Care of NameLee Thomas
Address6524 Corrales Rd, Corrales, NM 87048-9011
Websitehttp://lazyrivervaulters.org/
ActivitiesOther youth organization or activities
SubsectionCharitable Organization
Ruling Date09/2014
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$765
Amount of Income$5,815
Form 990 Revenue Amount$5,815
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Equestrian, Riding


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Amount of income in 2013: $5,815 (it was $0 in 2010)
Lazy River Vaulters: 

 $5,815
Other organizations performing similar types of work: 

 $67,089

Assets in 2013: $765 (it was $0 in 2010)
This organization: 

 $765
Other organizations performing similar types of work: 

 $24,756

Expenses in 2013: $6,115
This organization: 

 $6,115
Other organizations performing similar types of work: 

 $55,624

Income to expenses ratio in 2013: 1.0
Lazy River Vaulters: 

 1.0
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2013: 46.0%
This organization: 

 46.0%
Other organizations performing similar types of work: 

 21.2%

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$5,815
Contributions, gifts, grants, and similar amounts received$2,675
Program service revenue including government fees and contracts$0
Membership dues and assessments$3,240
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$-100
Gross income from gaming$0
Gross income from fundraising events$0
Less: direct expenses from gaming and fundraising events$100
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$6,115
Total net assets$765
Excess/Deficit for the year$-300
Net assets or fund balances at beginning of year$1,065
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$-300
Balance Sheets
2013
Total assets$765
Total liabilities$0
Net assets or fund balances$765
Other Information
2013
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 activitiesNo
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$0
Gross receipts for public use of club facilities$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:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1World Games 2010 Foundation Inc250 W Main St Ste 1400, Lexington, KY 40507-1721KY2007-02$2,649,947
2Valley Oaks Ranch Inc36875 Mesa Rd, Temecula, CA 92592-8626CA1999-10$1,693,070
3Washington State Hunters & Jumpers Association23929 22nd Dr Se, Bothell, WA 98021-9626WA1999-07$1,263,916
4Omaha Equestrian Foundation1004 Farnam St Ste 400, Omaha, NE 68102-1885NE2011-01$910,289
5High Plains Junior Rodeo Association Incorporated269 Smith Ranch Rd, Hobbs, NM 88240-8514NM2012-03$592,700
6Makers Mark Secretariat Center4089 Iron Works Pkwy, Lexington, KY 40511-8483KY2012-02$524,414
7Trinity Equestrian Center Kids Kamp IncS5300 State Road 37, Eau Claire, WI 54701-8628WI2005-02$478,522
8Take Flight Farms Inc1004 Farnam St Ste 400, Omaha, NE 68102-1885NE2002-06$426,339
9Central Florida Hunter & Jumper Assoc Inc12017 Brewster Dr, Tampa, FL 33626-2501FL2010-08$370,077
10Wahset, Wa High School Equestrian TeamsPO BOX 469, Camas, WA 98607-0469WA2007-10$368,614
11California Reining Horse Association1920 Gratton St, Riverside, CA 92504-5208CA2014-06$340,983
12Las Cruces Horsemans AssociationPO BOX 132, Mesilla Park, NM 88047-0132NM2008-06$84,380
13Lazy River Vaulters6524 Corrales Rd, Corrales, NM 87048-9011NM2014-09$5,815
14Bryan Howlett Memorial Fund Inc5 Road 6052, Farmington, NM 87401NM2011-03$0
15Gran Prix De Santa FePo Box 5353, Santa Fe, NM 87502NM2014-10$0
16Hebron Arabians Inc1600 S Prince St, Clovis, NM 88101NM1993-11$0
17High Desert RidersPo Box 2002, Edgewood, NM 87015NM2005-09$0
18New Mexico Dessage AssociationPo Box 56631, Albuquerque, NM 87187NM2015-01$0
19San Juan County Junior Senior Rodeo Organization22 Road 4540, Blanco, NM 87412NM2006-01$0
20Southwest Horse Power IncPo Box 1491, Albuquerque, NM 87103NM2010-09$0
Number of organizations performing similar types of work
Alaska5
Alabama10
Arkansas4
Arizona18
California87
Colorado35
Connecticut10
District of Columbia1
Delaware2
Florida31
Georgia27
Hawaii5
Iowa9
Idaho11
Illinois11
Indiana8
Kansas9
Kentucky20
Louisiana8
Massachusetts12
Maryland16
Maine3
Michigan21
Minnesota18
Missouri19
Mississippi2
Montana14
North Carolina19
North Dakota3
Nebraska9
New Hampshire1
New Jersey14
New Mexico10
Nevada9
New York22
Ohio27
Oklahoma21
Oregon18
Pennsylvania19
Rhode Island2
South Carolina6
South Dakota5
Tennessee16
Texas55
Utah6
Virginia31
Vermont3
Washington33
Wisconsin15
West Virginia5
Wyoming14
Total779

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