Fort Worth Federal Business Association in Fort Worth, Texas (TX)

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Fort Worth Federal Business Association
Employer Identification Number (EIN)756034513
Name of OrganizationFort Worth Federal Business Association
AddressPO BOX 17483, Fort Worth, TX 76102-0483
ActivitiesScholarships (other)
SubsectionLocal Association of Employees
Ruling Date11/1997
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$13,946
Amount of Income$36,641
Form 990 Revenue Amount$36,641


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2010201120122013
Total revenue$11,652$9,190$-2,937$36,641
Contributions, gifts, grants, and similar amounts received$0$369$0$0
Program service revenue including government fees and contracts$0$0$0$0
Membership dues and assessments$170$80$45$110
Investment income$21$11$11$7
Gain/Loss from sale of assets other than inventory$0$0$0$0
Net income/loss from gaming and fundraising events$10,331$5,718$-4,987$35,112
Gross income from gaming$0$0$0$0
Gross income from fundraising events$31,116$27,516$34,336$35,112
Less: direct expenses from gaming and fundraising events$20,785$21,798$39,323$0
Gross profit/loss from sales of inventory$0$0$0$0
Other revenue$1,130$3,012$1,994$1,412
Total expenses$8,854$9,228$6,078$32,285
Total net assets$24,830$24,969$15,954$13,946
Excess/Deficit for the year$2,798$-38$-9,015$4,356
Net assets or fund balances at beginning of year$23,174$24,830$24,969$15,954
Other changes in net assets or fund balances$-1,142$177$0$-6,364
Net assets or fund balances at end of year$24,969$15,954$13,946
Balance Sheets
2010201120122013
Total assets$24,830$24,969$15,954$13,946
Total liabilities$0$0$0$0
Net assets or fund balances$24,830$24,969$15,954$13,946
Other Information
2010201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
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?NoNoNo
Total amount involved$0$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$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?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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