Magnolia Youth Football Assoc in Magnolia, Texas (TX)
Table of contents:
Magnolia Youth Football Assoc | |
Employer Identification Number (EIN) | 943136968 |
Name of Organization | Magnolia Youth Football Assoc |
Address | PO BOX 400, Magnolia, TX 77353-0400 |
Subsection | Educational Organization, Charitable Organization |
Ruling Date | 10/2003 |
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 | 12/2014 |
Assets | $25,000 to $99,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $32,960 |
Amount of Income | $209,114 |
Form 990 Revenue Amount | $209,114 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Football Clubs, Leagues |
Non-representatives - add comments:
Amount of income in 2014: $209,114 (it was $127,558 in 2013)
Magnolia Youth Football Assoc: | $209,114 |
Other organizations performing similar types of work: | $64,134 |
Assets in 2014: $32,960 (it was $20,933 in 2013)
Magnolia Youth Football Assoc: | $32,960 |
Other organizations performing similar types of work: | $18,460 |
Expenses in 2013: $118,581
Magnolia Youth Football Assoc: | $118,581 |
Other organizations performing similar types of work: | $53,492 |
Income to expenses ratio in 2013: 1.8
This organization: | 1.8 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 34.2%
Magnolia Youth Football Assoc: | 34.2% |
Other organizations performing similar types of work: | 2.7% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $73,878 | $143,200 | $127,558 |
Contributions, gifts, grants, and similar amounts received | $21,234 | $71,148 | $43,630 |
Program service revenue including government fees and contracts | $0 | $47,690 | $61,968 |
Membership dues and assessments | $43,324 | $0 | $0 |
Investment income | $0 | $0 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $9,320 | $24,362 | $21,960 |
Gross income from gaming | $0 | $0 | $0 |
Gross income from fundraising events | $14,049 | $24,362 | $21,960 |
Less: direct expenses from gaming and fundraising events | $4,729 | $0 | $0 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $0 | $0 | $0 |
Total expenses | $72,099 | $134,806 | $118,581 |
Total net assets | $10,340 | $11,956 | $20,933 |
Excess/Deficit for the year | $1,779 | $8,394 | $8,977 |
Net assets or fund balances at beginning of year | $8,561 | $3,562 | $11,956 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | $11,956 | $20,933 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $10,340 | $11,956 | $20,933 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $10,340 | $11,956 | $20,933 |
Other Information | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
Were any significant changes made to the organizing or governing documents? | No | No | |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
Has the organization filed a Form 990-T for the year? | No | No | |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
Amount of political expenditures, direct or indirect | $0 | $0 | |
Did the organization file Form 1120-POL for this year? | No | 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 | No | |
Total amount involved | $0 | $0 | |
Initiation fees and capital contributions | $0 | $0 | $0 |
Gross receipts for public use of club facilities | $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? | No | No | |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | 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 | $453,852 |
Subtotal | $453,852 |
Gifts, grants, contributions, and membership fees received | $395,485 |
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 | $58,367 |
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 | $453,852 |
Public support | $453,852 |
Subtotal | $0 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
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 |
Rachels Children International Inc in Magnolia, TX
|
Woods & Water Kids Adventures Inc in Magnolia, TX
|
Emmys Hope Rescue in Magnolia, TX
|
Abundant Grace Praise & Worship Church in Houston, TX
|
Aglow International, 2010896 San Angelo Tx Community Lighthouse Aglow Intl San Angelo Tx in San Angelo, TX
|
Bob And Dani Muckleroy Foundation in Ovilla, TX |
New Beginnings House Of Prayer in Galena Park, TX
|
Labor Of Faith Inc in Pearland, TX
|
Vandemataram Foundation Usa Inc in Lewisville, TX
|
Pathways Core Training Inc in Irving, TX
|
Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Strongsville Football League | PO BOX 360514, Strongsville, OH 44136-0009 | OH | 2009-01 | $61,696 |
2 | Rainier Valley Football Association | 11400 71st Place South, Seattle, WA 98178 | WA | 2007-06 | $41,772 |
3 | Still Water Christian Ministries Inc | PO BOX 1885, Boerne, TX 78006-6885 | TX | 2001-09 | $805,669 |
4 | Texas Youth Cheerleading & Football Association, Texas Youth Football Association | 8304 Cross Spg, San Antonio, TX 78251-2500 | TX | 2005-11 | $429,833 |
5 | W U Area Football Club Inc | PO BOX 270503, Houston, TX 77277-0503 | TX | 2003-03 | $256,013 |
6 | Cedar Park High School Football Booster Club | 1420 Cypress Creek Rd Ste 200-185, Cedar Park, TX 78613-3610 | TX | 2011-10 | $230,977 |
7 | Lobo Football Booster Club Inc | 303 W Loop 281 Ste 110-224, Longview, TX 75605-4470 | TX | 2011-04 | $190,499 |
8 | Southlake Peewee Football Inc | 3110 Peninsula Dr, Southlake, TX 76092 | TX | 2004-01 | $151,451 |
9 | Harlingen Youth Football-Tyfa League | 3104 E Cobblestone Creek Dr, Harlingen, TX 78550-7411 | TX | 2014-11 | $130,043 |
10 | Huffman Youth Athletic Association, Youth Football Program | PO BOX 572, Huffman, TX 77336-0572 | TX | 2006-08 | $128,468 |
11 | Youth Football And Cheer Federation Of America Inc, Youth Football Federation | 12514 May Laurel Dr, Houston, TX 77014-3675 | TX | 2011-07 | $121,403 |
12 | Ncfl Inc | P O Box 1164, Montgomery, TX 77356 | TX | 2013-05 | $114,991 |
13 | Four Points Pop Warner Football & Cheer Associaton | 7301 Rr 620n Ste 155 386, Austin, TX 78726-4539 | TX | 2013-11 | $108,761 |
14 | Sbyfa Inc | 20540 Hwy 46 West Ste 115 Box 141, Spring Branch, TX 78070-6825 | TX | 2010-07 | $106,637 |
15 | Touchdown Club | PO BOX 6764, Granbury, TX 76049-0120 | TX | 2009-06 | $106,457 |
16 | Centex Midway Pee Wee Football League Inc | PO BOX 2188, Hewitt, TX 76643-2188 | TX | 1989-02 | $105,252 |
17 | Team Youth Foundation | 1551 N Walnut Ave, New Braunfels, TX 78130 | TX | 2011-04 | $99,811 |
18 | Port Neches Junior Football League | PO BOX 193, Port Neches, TX 77651-0193 | TX | 2012-04 | $95,141 |
19 | Azle Youth Association Inc | PO BOX 2491, Azle, TX 76098-2491 | TX | 2012-04 | $91,737 |
20 | Gridiron Youth Football | 19728 Saums Rd Pmb 107, Houston, TX 77084 | TX | 2008-04 | $91,386 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | 3,944 |
Organization representatives - add corrected or new information about Magnolia Youth Football Assoc »
Non-representatives - add comments about Magnolia Youth Football Assoc»