Virginia Beach Parks And Recreation Foundation in Virginia Bch, Virginia (VA)
Table of contents:
Virginia Beach Parks And Recreation Foundation | |
Employer Identification Number (EIN) | 200717428 |
Name of Organization | Virginia Beach Parks And Recreation Foundation |
In Care of Name | Jeffrey W Breeser |
Address | PO BOX 2237, Virginia Bch, VA 23450-2237 |
Subsection | Charitable Organization |
Ruling Date | 11/2004 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $25,000 to $99,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
Asset Amount | $66,801 |
Amount of Income | $40,151 |
Form 990 Revenue Amount | $32,044 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Single Organization Support |
Non-representatives - add comments:
Amount of income in 2013: $40,151 (it was $33,995 in 2012)
This organization: | $40,151 |
Other organizations performing similar types of work: | $68,572 |
Assets in 2013: $66,801 (it was $55,074 in 2012)
This organization: | $66,801 |
Other organizations performing similar types of work: | $26,793 |
Expenses in 2013: $17,486
This organization: | $17,486 |
Other organizations performing similar types of work: | $43,073 |
Income to expenses ratio in 2013: 2.3
Virginia Beach Parks And Recreation Foundation: | 2.3 |
Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2013: 102.5%
This organization: | 102.5% |
Other organizations performing similar types of work: | 48.5% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $61,584 | $28,498 | $32,044 |
Contributions, gifts, grants, and similar amounts received | $52,795 | $15,356 | $32,848 |
Program service revenue including government fees and contracts | $7,132 | $5,788 | $0 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $43 | $36 | $16 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $1,614 | $7,278 | $-855 |
Gross income from gaming | $414 | $943 | $0 |
Gross income from fundraising events | $6,433 | $11,832 | $7,252 |
Less: direct expenses from gaming and fundraising events | $5,233 | $5,497 | $8,107 |
Gross profit/loss from sales of inventory | $0 | $40 | $35 |
Gross sales of inventory, less returns and allowances | $0 | $40 | $35 |
Less: cost of goods sold | $0 | $0 | $0 |
Other revenue | $0 | $0 | $0 |
Total expenses | $54,258 | $38,343 | $17,486 |
Total net assets | $65,200 | $55,074 | $66,801 |
Excess/Deficit for the year | $7,326 | $-9,845 | $14,558 |
Net assets or fund balances at beginning of year | $58,463 | $65,200 | $55,074 |
Other changes in net assets or fund balances | $-589 | $-281 | $-2,831 |
Net assets or fund balances at end of year | $55,074 | $66,801 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $65,200 | $55,074 | $66,801 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $65,200 | $55,074 | $66,801 |
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 a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public Support | $81,615 |
Subtotal Support | $108,135 |
Gifts, grants, contributions, and membership fees received | $88,195 |
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 | $19,940 |
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $26,520 |
Total Support | $108,274 |
Public Support | $108,135 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $139 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income. Do not include gain or loss from the sale of capital assets | $0 |
Gross receipts from related activities, etc. | $60,583 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Virginia Sports Hall Of Fame Foundation Inc | PO BOX 370, Portsmouth, VA 23705-0370 | VA | 2007-02 | $1,113,076 |
2 | Roanoke Outside | 111 Franklin Rd Se Ste 333, Roanoke, VA 24011-2111 | VA | 2013-05 | $349,298 |
3 | Westfield Athletic Booster Club Inc | 4700 Stonecroft Blvd, Chantilly, VA 20151-1716 | VA | 2002-05 | $202,220 |
4 | Rapids Baseball Incorporated | PO BOX 73611, N Chesterfld, VA 23235-8043 | VA | 2012-08 | $149,016 |
5 | Aerial East Booster Club | 8167 Mechanicsville Tpke, Mechanicsville, VA 23111-1234 | VA | 2011-10 | $88,665 |
6 | Salem Church Athletic Association Inc | 9402 Chipping Dr, N Chesterfld, VA 23237-3156 | VA | 2010-04 | $66,147 |
7 | Strikers Booster Club | PO BOX 1903, Ashburn, VA 20146-1903 | VA | 2002-06 | $50,580 |
8 | Tidewater Hokie Club Inc | 4931 Pleasant Ave, Norfolk, VA 23518-2051 | VA | 2009-03 | $48,934 |
9 | Virginia Beach Parks And Recreation Foundation | PO BOX 2237, Virginia Bch, VA 23450-2237 | VA | 2004-11 | $40,151 |
10 | Wisc Gymnastics Parents Association, Wgpa | Po Box 5504, Williamsburg, VA 23188 | VA | 2010-11 | $15,754 |
11 | Spartan Tip-Off Club | 1317 Dominion Lakes Blvd, Chesapeake, VA 23320-6455 | VA | 2006-01 | $11,874 |
12 | Fluvanna County High School Athletic Boosters Club Inc, Fchs Abc | 1918 Thomas Jefferson Parkway, Palmyra, VA 22963 | VA | 2010-07 | $6,340 |
13 | Kathleen Duffy Charitable Foundation | 1305 Kurtz Rd, Mclean, VA 22101-4018 | VA | 2000-09 | $1 |
14 | Craig County Fairgrounds Association | Po Box 512, New Castle, VA 24127 | VA | 2011-09 | $0 |
15 | Friends Of Belle Isle State Park | Po Box 633, Lancaster, VA 22503 | VA | 2006-06 | $0 |
16 | Friends Of Hanover Dog Parks | Po Box 573, Ashland, VA 23005 | VA | 2013-09 | $0 |
17 | Friends Of James River State Park | 1115 Gladstone Road, Gladstone, VA 24553 | VA | 2009-03 | $0 |
18 | Friends Of Long Bridge Park Inc, Friends Of Long Bridge Park | 1300 Crystal Dr Apt 203, Arlington, VA 22202-3235 | VA | 2014-10 | $0 |
19 | Great Bridge High School Soccer Booster Club | 29d N Kingsbridge Place, Chesapeake, VA 23322 | VA | 2008-10 | $0 |
20 | Lynnhaven Wahoos Inc | 3725 Strathmoor Cir, Virginia Beach, VA 23452 | VA | 2010-07 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 1,313 |
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