Virginia Ship Repair Foundation Inc in Norfolk, Virginia (VA)
Table of contents:
| Virginia Ship Repair Foundation Inc | |
| Employer Identification Number (EIN) | 541186058 |
| Name of Organization | Virginia Ship Repair Foundation Inc |
| In Care of Name | The Organization |
| Address | 150 Boush Street, Norfolk, VA 23510-1626 |
| Activities | Private school, School, college, trade school, etc. |
| Subsection | Charitable Organization |
| Ruling Date | 01/1983 |
| Deductibility | Contributions are deductible |
| Foundation | School |
| Organization | Cooperative |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $83,768 |
| Amount of Income | $94,136 |
| Form 990 Revenue Amount | $52,790 |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $43,146 | $50,593 | $52,790 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $19 | $28 | $21 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $41,377 | $47,684 | $48,189 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $81,245 | $88,575 | $89,535 |
| Less: direct expenses from gaming and fundraising events | $39,868 | $40,891 | $41,346 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $1,750 | $2,881 | $4,580 |
| Total expenses | $34,748 | $24,055 | $40,670 |
| Total net assets | $42,992 | $69,530 | $81,650 |
| Excess/Deficit for the year | $8,398 | $26,538 | $12,120 |
| Net assets or fund balances at beginning of year | $34,594 | $42,992 | $69,530 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $69,530 | $81,650 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $45,045 | $75,989 | $83,768 |
| Total liabilities | $2,053 | $6,459 | $2,118 |
| Net assets or fund balances | $42,992 | $69,530 | $81,650 |
| 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 | $220,295 |
| Subtotal | $220,295 |
| Gifts, grants, contributions, and membership fees received | $10,000 |
| 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 | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $210,295 |
| 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 | $232,530 |
| Public support | $220,295 |
| Subtotal | $187 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $187 |
| 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 | $12,048 |
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| Other organizations in Virginia | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Virginia Power Boat Association | PO BOX 35141, N Chesterfld, VA 23235-0141 | VA | 1941-07 | $230,185 |
| 2 | Virginia Professional Photographers Association | 1960 Floyd Cir, Mcgaheysville, VA 22840-9751 | VA | 1969-07 | $69,171 |
| 3 | Virginia Quarter Horse Assoc | 20022 Heritage Dr, Abingdon, VA 24211-6908 | VA | 1979-07 | $334,673 |
| 4 | Virginia Regional Balletincorporated, Virginia Regional Ballet | 1228 Richmond Rd, Williamsburg, VA 23185-2827 | VA | 2007-11 | $72,823 |
| 5 | Virginia Rehabilitation Assn Inc | 4907 Sulky Dr Apt 102, Richmond, VA 23228-4041 | VA | 1969-01 | $20,480 |
| 6 | Virginia Rush Soccer Club Boosters Inc, Virginia Rush Booster Club | 2181 Landstown Road, Virginia Beach, VA 23456 | VA | 1980-12 | $32,951 |
| 7 | Virginia Sargeant Reynolds Foundation | 7 Oak Ln, Richmond, VA 23226-1613 | VA | 1991-12 | $176,250 |
| 8 | Virginia Scholarship And Youth Development Foundation | 468 S Independence Blvd Ste A-100, Virginia Beach, VA 23452-1158 | VA | 2004-06 | $44,271 |
| 9 | Virginia Scottish Games Association Inc | 2643 Arlington Dr Apt 304, Alexandria, VA 22306-3618 | VA | 2014-06 | $140,555 |
| 10 | Virginia Ship Repair Association Inc | 150 Boush St Ste 802, Norfolk, VA 23510-1637 | VA | 1985-03 | $877,589 |
| 11 | Virginia Ship Repair Foundation Inc | 150 Boush Street, Norfolk, VA 23510-1626 | VA | 1983-01 | $94,136 |
| 12 | Virginia Social Ventures | 800 Tidewater Dr Ste 200, Norfolk, VA 23504-3347 | VA | 2004-07 | $0 |
| 13 | Virginia Society For Human Life Inc | Ste 270, Richmond, VA 23225 | VA | 1980-10 | $59,468 |
| 14 | Virginia Society Of Landscape Designers | 1114 Waterford Dr, Henrico, VA 23229 | VA | 1998-12 | $0 |
| 15 | Virginia Society Of Oral And Maxillofacial Surgeons | 3460 Mayland Court, Richmond, VA 23233-1449 | VA | 1979-07 | $99,205 |
| 16 | Virginia Society Of The American Institute Of Architects | 2501 Monument Ave, Richmond, VA 23220-2618 | VA | 1976-05 | $1,520,874 |
| 17 | Virginia Space Flight Academy | PO BOX 188, Atlantic, VA 23303-0188 | VA | 2002-05 | $169,153 |
| 18 | Virginia Speedskating Association | 1001 Boulders Pkwy Ste 500, N Chesterfld, VA 23225-5553 | VA | 2007-05 | $1,489,998 |
| 19 | Virginia State Claims Association Inc | 901 Moorefield Dr Ste 110, Richmond, VA 23236 | VA | 1966-06 | $68,148 |
| 20 | Virginia State Employee Assistance Fund | 101 N 14th St Fl 12, Richmond, VA 23219-3684 | VA | 2006-11 | $21,205 |
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