Ragnot Amateur Sailing Association Of Texas in Shoreacres, Texas (TX)

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Ragnot Amateur Sailing Association Of Texas
Employer Identification Number (EIN)742300536
Name of OrganizationRagnot Amateur Sailing Association Of Texas
In Care of NameBradford O Larson
Address3620 Miramar, Shoreacres, TX 77571
Activities"Unspecified"
SubsectionEducational Organization
Ruling Date07/1985
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 Period2010
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$16,273
Amount of Income$49,350
Form 990 Revenue Amount$49,350


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$40,630
Contributions, gifts, grants, and similar amounts received$40,630
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$37,896
Total net assets$20,474
Excess for the year$2,734
Net assets or fund balances at beginning of year$17,740
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$20,474
Total liabilities$0
Net assets or fund balances$20,474
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
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