Port Angeles Yacht And Outboard Motor Club in Port Angeles, Washington (WA)

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Port Angeles Yacht And Outboard Motor Club
Employer Identification Number (EIN)910965453
Name of OrganizationPort Angeles Yacht And Outboard Motor Club
In Care of NameALAN DAVIS
AddressP O Box 692, Port Angeles, WA 98362
Websitehttp://PAYC.ORG
ActivitiesOther recreational activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date06/1959
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
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$65,954
Amount of Income$18,357
Form 990 Revenue Amount$18,357


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$23,765
Contributions, gifts, grants, and similar amounts received$1,926
Program service revenue including government fees and contracts$0
Membership dues and assessments$7,700
Investment income$9,150
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$1,510
Gross income from gaming$0
Gross income from fundraising events$1,510
Less: direct expenses from gaming and fundraising events$0
Gross profit from sales of inventory$3,479
Gross sales of inventory, less returns and allowances$18,820
Less: cost of goods sold$15,341
Other revenue$0
Total expenses$20,439
Total net assets$67,861
Excess for the year$3,326
Net assets or fund balances at beginning of year$64,535
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$69,508
Total liabilities$1,647
Net assets or fund balances$67,861
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesYes
Initiation fees and capital contributions$800
Gross receipts for public use of club facilities$9,150
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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