New York Korean-American Tennis Association Inc in Bayside, New York (NY)
Table of contents:
New York Korean-American Tennis Association Inc | |
Employer Identification Number (EIN) | 201728251 |
Name of Organization | New York Korean-American Tennis Association Inc |
In Care of Name | Sung D Kwon |
Address | 21460 35th Ave, Bayside, NY 11361-1705 |
Subsection | Charitable Organization |
Ruling Date | 03/2008 |
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 | 09/2014 |
Assets | $1 to $9,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $1,135 |
Amount of Income | $55,445 |
Form 990 Revenue Amount | $27,713 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Amateur Sports Competitions |
Non-representatives - add comments:
Amount of income in 2014: $55,445 (it was $80,296 in 2013)
This organization: | $55,445 |
Other organizations performing similar types of work: | $68,822 |
Assets in 2014: $1,135 (it was $17,103 in 2013)
New York Korean-American Tennis Association Inc: | $1,135 |
Other organizations performing similar types of work: | $29,808 |
Expenses in 2013: $47,287
New York Korean-American Tennis Association Inc: | $47,287 |
Other organizations performing similar types of work: | $62,550 |
Income to expenses ratio in 2013: 1.2
This organization: | 1.2 |
Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 0.0%
This organization: | 0.0% |
Other organizations performing similar types of work: | 38.2% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $57,199 | $52,856 | $60,004 |
Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
Program service revenue including government fees and contracts | $37,690 | $34,655 | $39,425 |
Membership dues and assessments | $13,458 | $12,374 | $14,078 |
Investment income | $0 | $0 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $6,051 | $5,827 | $6,501 |
Gross income from gaming | $0 | $0 | $0 |
Gross income from fundraising events | $25,613 | $23,551 | $26,793 |
Less: direct expenses from gaming and fundraising events | $19,562 | $17,724 | $20,292 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $0 | $0 | $0 |
Total expenses | $59,219 | $61,457 | $47,287 |
Total net assets | $6,987 | $4,386 | $17,103 |
Excess/Deficit for the year | $-2,020 | $-8,601 | $12,717 |
Net assets or fund balances at beginning of year | $9,007 | $6,987 | $4,386 |
Other changes in net assets or fund balances | $0 | $6,000 | $0 |
Net assets or fund balances at end of year | $6,987 | $4,386 | $17,103 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $6,987 | $4,386 | $17,103 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $6,987 | $4,386 | $17,103 |
Other Information | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No |
Were any significant changes made to the organizing or governing documents? | No | 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 | No |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No |
Amount of political expenditures, direct or indirect | $0 | $0 | $0 |
Did the organization file Form 1120-POL for this year? | No | 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 | No |
Total amount involved | $0 | $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 | No |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | 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 | $85,895 |
Subtotal | $85,895 |
Gifts, grants, contributions, and membership fees received | $21,500 |
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 | $64,395 |
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 | $85,895 |
Public support | $85,895 |
Subtotal | $0 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
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 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Usta Player Development Incorporated | 70 W Red Oak Ln, White Plains, NY 10604-3602 | NY | 2010-11 | $15,999,491 |
2 | New York Yacht Club Regatta Association Inc | 37 West 44th Street, New York, NY 10036-6643 | NY | 2011-01 | $1,304,232 |
3 | New York State Usbc Inc, 86389 New York State Usbc | 55 Edgewood Dr, Batavia, NY 14020-3906 | NY | 2004-09 | $579,193 |
4 | Westchester Triathlon Inc | 21 Locust St, Rye, NY 10580 | NY | 2000-08 | $358,961 |
5 | Weva Inc | 58 Meadowlark Dr, Penfield, NY 14526-2036 | NY | 1999-04 | $304,562 |
6 | United States Bowling Congress Inc, 83269 New York State Usbc Wba | 3552 Southwestern Blvd, Orchard Park, NY 14127-1707 | NY | 2004-09 | $301,990 |
7 | United States Intercollegiate Lacrosse Association | Lacrosse Association 3738 West Lake, Perry, NY 14530 | NY | 2002-05 | $284,462 |
8 | Saint Anthonys Crew Inc | 1400 Old Country Rd, Westbury, NY 11590-5156 | NY | 2003-12 | $283,701 |
9 | New York Track & Field Inc, Usa Track & Field New York | 101 W 81st St Apt 718, New York, NY 10024-7237 | NY | 2014-09 | $212,004 |
10 | Tompkins Hockey Boosters Inc | 401 E State St Ste 500, Ithaca, NY 14850-4424 | NY | 2002-02 | $175,533 |
11 | United States Bowling Congress Inc, 85329 New York State Usbc Youth | 33 Hinton St, Staten Island, NY 10312-1332 | NY | 2004-09 | $161,750 |
12 | Foundation Cycling New York Inc | 201 East 77th Street, New York, NY 10075-2069 | NY | 2009-09 | $156,605 |
13 | Western New York State Referees Association Inc | PO BOX 64959, Rochester, NY 14624-7359 | NY | 2003-08 | $155,243 |
14 | Palmyra Racing Assoc | 126 E Charlotte Ave, Palmyra, NY 14522-1406 | NY | 2010-09 | $148,562 |
15 | Schenectady Curling Club Inc | 1084 Balltown Rd, Schenectady, NY 12309-5930 | NY | 1999-12 | $147,517 |
16 | Long Beach Lacrosse Club Inc | 137 Greenway Road, Lido Beach, NY 11561 | NY | 2004-03 | $143,196 |
17 | New York State Federation Of High School Athletic Associations Inc, Nys Federation Of Secondary School | 129 Rocky Ridge Rd, Amsterdam, NY 12010 | NY | 2015-04 | $128,114 |
18 | United States Bowling Congress Inc, 80911 Westchester County Usbc | 133 Carrollwood Dr, Tarrytown, NY 10591-5207 | NY | 2004-09 | $124,770 |
19 | United States Bowling Congress Inc, 80933 Rochester Usbc Ba | 745 Titus Avenue Annex Building, Rochester, NY 14617 | NY | 2004-09 | $120,709 |
20 | Chessmates Inc | 1339 73rd St, Brooklyn, NY 11228-2103 | NY | 2011-03 | $116,208 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 6,596 |
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