Dribble 4 Destiny Inc in Easley, South Carolina (SC)

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Dribble 4 Destiny Inc
Employer Identification Number (EIN)571106598
Name of OrganizationDribble 4 Destiny Inc
In Care of NameSherri Odlevak
Address212 Ridge Point Rd, Easley, SC 29640-6729
SubsectionReligious Organization
Ruling Date02/2001
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 Period12/2012
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$41,630
Amount of Income$114,569
Form 990 Revenue Amount$112,096
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Religion Related, Spiritual Development (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$112,096
Contributions, Gifts, Grants and Other Similar Amounts$66,305
Program Service Revenue$41,669
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$4,122
Gross amount from sales of assets other than inventory (Securities / Other)$6,595 / $0
Less: cost or other basis and sales expenses (Securities / Other)$2,473 / $0
Gain or (loss) (Securities / Other)$4,122 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$117,553
Compensation of current officers, directors, trustees, and key employees$39,600
Other salaries and wages$0
Payroll taxes$3,029
Professional fundraising services$0
Other$74,924
Balance Sheet (for 2012)
Total assets$41,630
Total liabilities$986
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$986
Total net assets or fund balances$40,644
Retained earnings, endowment, accumulated income, or other funds$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$604,789
Gifts, grants, contributions, and membership fees received$389,825
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$214,957
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$7
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