Friends Of The Van Alstyne Public Librar in Van Alstyne, Texas (TX)

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Friends Of The Van Alstyne Public Librar
Employer Identification Number (EIN)752147152
Name of OrganizationFriends Of The Van Alstyne Public Librar
In Care of NameShirley Houx
AddressP O Box 1132, Van Alstyne, TX 75495
ActivitiesFundraising, Library
SubsectionEducational Organization
Ruling Date07/1987
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$16,199
Amount of Income$9,357
Form 990 Revenue Amount$9,357


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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$10,681
Contributions, gifts, grants, and similar amounts received$2,722
Program service revenue including government fees and contracts$0
Membership dues and assessments$3,055
Investment income$16
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$4,888
Gross income from gaming$0
Gross income from fundraising events$8,027
Less: direct expenses from gaming and fundraising events$3,139
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$13,413
Total net assets$11,825
Deficit for the year$-2,732
Net assets or fund balances at beginning of year$14,557
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$13,957
Total liabilities$2,132
Net assets or fund balances$11,825
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$46,698
Gifts, grants, contributions, and membership fees received$22,080
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$24,468
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$150
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