Graduate Club in Phialdelphia, Pennsylvania (PA)

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Graduate Club
Employer Identification Number (EIN)231313570
Name of OrganizationGraduate Club
In Care of NameMichael Bonetti
AddressPo Box 2516, Phialdelphia, PA 19147-0516
ActivitiesOther social activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date11/1975
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
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$59,830
Amount of Income$3,066
Form 990 Revenue Amount$3,066


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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$1,729
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$350
Membership dues and assessments$216
Investment income$1,163
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$4,461
Total net assets$63,595
Deficit for the year$-2,732
Net assets or fund balances at beginning of year$59,830
Other changes in net assets or fund balances$6,497
Balance Sheets (for 2012)
Total assets$63,595
Total liabilities$0
Net assets or fund balances$63,595
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$11,418
Gifts, grants, contributions, and membership fees received$2,171
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$3,247
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$6,000
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