Memorial Figure Skating Club Of Houston in Houston, Texas (TX)

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Memorial Figure Skating Club Of Houston
Employer Identification Number (EIN)455533151
Name of OrganizationMemorial Figure Skating Club Of Houston
In Care of NameLinda G Flynn President
AddressP O Box 19933, Houston, TX 77224-1933
Websitehttp://www.memorialfsch.org
SubsectionCharitable Organization, Educational Organization
Ruling Date06/2014
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 Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$8,653
Amount of Income$15,539
Form 990 Revenue Amount$15,539
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Recreation, Sports, Leisure, Athletics (Not Elsewhere Classified)


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Financial snapshot for 2013 ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$15,539
Contributions, gifts, grants, and similar amounts received$100
Program service revenue including government fees and contracts$0
Membership dues and assessments$12,567
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$2,868
Gross income from gaming$0
Gross income from fundraising events$4,342
Less: direct expenses from gaming and fundraising events$1,474
Gross profit/loss from sales of inventory$4
Gross sales of inventory, less returns and allowances$700
Less: cost of goods sold$696
Other revenue$0
Total expenses$10,905
Total net assets$8,653
Excess/Deficit for the year$4,634
Net assets or fund balances at beginning of year$4,019
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$8,653
Balance Sheets
2013
Total assets$8,653
Total liabilities$0
Net assets or fund balances$8,653
Other Information
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 activitiesNo
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
Gross receipts for public use of club facilities$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 organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$4,187
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