Ashland Downtown Inc in Ashland, Pennsylvania (PA)

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Ashland Downtown Inc
Employer Identification Number (EIN)201535120
Name of OrganizationAshland Downtown Inc
In Care of NameBarbara Mullins
Address733 Centre St, Ashland, PA 17921
Websitehttp://www.ashlanddowntown.org
SubsectionCharitable Organization, Educational Organization
Ruling Date12/2005
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Tax Period2012
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$125,589
Amount of Income$72,374
Form 990 Revenue Amount$72,374
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General)


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$72,374
Contributions, gifts, grants, and similar amounts received$69,385
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$285
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$2,704
Gross income from gaming$0
Gross income from fundraising events$11,941
Less: direct expenses from gaming and fundraising events$9,237
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$94,513
Total net assets$124,272
Deficit for the year$-22,139
Net assets or fund balances at beginning of year$146,411
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$125,589
Total liabilities$1,317
Net assets or fund balances$124,272
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: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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$536,518
Gifts, grants, contributions, and membership fees received$528,255
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$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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$8,263
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