Lower Merion Aquatic Club Inc in Villanova, Pennsylvania (PA)
Table of contents:
Lower Merion Aquatic Club Inc | |
Employer Identification Number (EIN) | 263229917 |
Name of Organization | Lower Merion Aquatic Club Inc |
Address | 311 N Spring Mill Rd, Villanova, PA 19085-1924 |
Subsection | Charitable Organization, Educational Organization |
Ruling Date | 02/2009 |
Deductibility | Contributions are deductible |
Foundation | Organization 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 |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 06/2013 |
Assets | $25,000 to $99,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $26,452 |
Amount of Income | $144,791 |
Form 990 Revenue Amount | $144,791 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Swimming, Water Recreation |
Non-representatives - add comments:
Amount of income in 2013: $144,791 (it was $118,358 in 2012)
Lower Merion Aquatic Club Inc: | $144,791 |
Other organizations performing similar types of work: | $81,788 |
Assets in 2013: $26,452 (it was $24,489 in 2012)
Lower Merion Aquatic Club Inc: | $26,452 |
Other organizations performing similar types of work: | $33,448 |
Expenses in 2013: $142,828
Lower Merion Aquatic Club Inc: | $142,828 |
Other organizations performing similar types of work: | $75,206 |
Income to expenses ratio in 2013: 1.0
This organization: | 1.0 |
Other organizations performing similar types of work: | 0.9 |
Grants share in income in 2013: 0.0%
Lower Merion Aquatic Club Inc: | 0.0% |
Other organizations performing similar types of work: | 78.3% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
2012 | 2013 | |
---|---|---|
Total revenue | $118,358 | $144,791 |
Contributions, gifts, grants, and similar amounts received | $0 | $0 |
Program service revenue including government fees and contracts | $0 | $0 |
Membership dues and assessments | $118,358 | $144,753 |
Investment income | $0 | $38 |
Gain/Loss from sale of assets other than inventory | $0 | $0 |
Net income/loss from gaming and fundraising events | $0 | $0 |
Gross profit/loss from sales of inventory | $0 | $0 |
Other revenue | $0 | $0 |
Total expenses | $113,500 | $142,828 |
Total net assets | $24,489 | $26,452 |
Excess/Deficit for the year | $4,858 | $1,963 |
Net assets or fund balances at beginning of year | $19,631 | $24,489 |
Other changes in net assets or fund balances | $0 | $0 |
Net assets or fund balances at end of year | $26,452 |
Balance Sheets | ||
2012 | 2013 | |
---|---|---|
Total assets | $24,489 | $26,452 |
Total liabilities | $0 | $0 |
Net assets or fund balances | $24,489 | $26,452 |
Other Information | ||
2012 | 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 activities | No | No |
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 | $0 |
Gross receipts for public use of club facilities | $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 | |
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 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 | $522,071 |
Subtotal | $522,071 |
Gifts, grants, contributions, and membership fees received | $522,071 |
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 |
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 | $522,138 |
Public support | $522,071 |
Subtotal | $67 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $67 |
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 |
Write your review! |
|
Recently Added Reviews |
Cornerstone Church Of Clarion in Shippenville, PA |
Pink Hands Of Hope in Mechanicsburg, PA
|
The Christine M Mccaffrey Community Emergency Fund in Langhorne, PA |
Valley Asa Softball in Sayre, PA |
Rotary International, Altoona-Sunrise Rotary Club in Altoona, PA
|
Light Of The World Ministries in Philadelphia, PA
|
Cuno Museum Incorporated in Chadds Ford, PA
|
Boots And Saddle Riding Club in Allentown, PA
|
Finefrock-Stumpf Golden Gloves Gym in Lancaster, PA
|
Mission Projects Fellowship Inc in Telford, PA |
Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | University Swim Club | Po Box 10442, Knoxville, TN 37939-0442 | TN | 2007-02 | $43,203 |
2 | Erie Yacht Club Foundation Inc | Po Box 648, Erie, PA 16512 | PA | 2009-06 | $886,654 |
3 | Suburban Seahawks Club | 59 Cedar Hill Ln, Media, PA 19063-6312 | PA | 2011-06 | $610,950 |
4 | Upper Dublin Aquatic Club | PO BOX 52, Ft Washington, PA 19034-0052 | PA | 1998-02 | $305,988 |
5 | Diplomat Swim Club | 1250 Ridge Ave, Columbia, PA 17512-1630 | PA | 2000-02 | $285,850 |
6 | Philadelphia City Rowing | 450 Plymouth Rd Ste 305, Plymouth Mtng, PA 19462-1644 | PA | 2010-04 | $209,893 |
7 | Southern Lehigh Community Pool Association | PO BOX 103, Coopersburg, PA 18036-0103 | PA | 1965-03 | $205,957 |
8 | Brookhaven Swim Club Attn Treasurer | PO BOX 1011, Brookhaven, PA 19015-0011 | PA | 2015-02 | $191,825 |
9 | Upper Saint Clair Swim Club Association | 3435 Mohawk Rd, Pittsburgh, PA 15241-1532 | PA | 2008-03 | $180,078 |
10 | Oreland Swim Club | 190 Paper Mill Rd, Oreland, PA 19075 | PA | 2013-01 | $168,005 |
11 | Central York Aquatics Club | 601 Mundis Mill Rd, York, PA 17406-9714 | PA | 2013-02 | $151,401 |
12 | Blue Eagle Swim Team | 1700 Sullivan Trail 390, Easton, PA 18040-8333 | PA | 2013-07 | $137,779 |
13 | Upper Merion Aquatic Club Inc | PO BOX 60280, Kng Of Prussa, PA 19406-0280 | PA | 2006-07 | $131,428 |
14 | Albright Aquatic Club | 34 Virginia Ave, Sinking Spring, PA 19608 | PA | 2012-09 | $120,528 |
15 | Scottdale Community Pool | 115 Pioneer Way, Scottdale, PA 15683 | PA | 2010-09 | $114,367 |
16 | Abington Community Aquatics Association, Dba Dolphins Comm Aquatics Assoc | PO BOX 134, Abington, PA 19001-0134 | PA | 2010-03 | $83,168 |
17 | Scholastic Rowing Association Of America | 224 N 22nd St Apt A, Philadelphia, PA 19103-1383 | PA | 2003-06 | $80,978 |
18 | Bucks County Dragon Boat Association | 1455 Wrightstown Rd, Upr Makefield, PA 18940-2917 | PA | 2014-07 | $75,295 |
19 | Springfield Aquatic Club Inc | 2109 Fairwold Ln, Ft Washington, PA 19034-2907 | PA | 2010-07 | $70,444 |
20 | Baldwin Whitehall Aquatics | PO BOX 97906, Pittsburgh, PA 15227-0306 | PA | 2013-12 | $70,415 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | 2,651 |
Organization representatives - add corrected or new information about Lower Merion Aquatic Club Inc »
Non-representatives - add comments about Lower Merion Aquatic Club Inc»