Purple And Gold Club in Friday Harbor, Washington (WA)

Purple And Gold Club
Employer Identification Number (EIN)	911252337
Name of Organization	Purple And Gold Club
In Care of Name	Casey Wade
Address	Po Box 3124, Friday Harbor, WA 98250
Activities	Booster club
Subsection	Charitable Organization, Educational Organization
Ruling Date	06/1984
Deductibility	Contributions are deductible
Foundation	Organization 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
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	2014
Assets	$0
Income	$0
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$30,550
Amount of Income	$15,913
Form 990 Revenue Amount	$15,913

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Financial snapshot ($)

Revenue for 2010

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2010)
Total revenue	$15,913
Contributions, gifts, grants, and similar amounts received	$1,115
Program service revenue including government fees and contracts	$0
Membership dues and assessments	$5,580
Investment income	$79
Gain from sale of assets other than inventory	$7,947
Gross amount from sale of assets other than inventory	$21,389
Less: cost or other basis and sales expenses	$13,442
Net income from gaming and fundraising events	$0
Gross profit from sales of inventory	$38
Gross sales of inventory, less returns and allowances	$1,192
Less: cost of goods sold	$1,154
Other revenue	$1,154
Total expenses	$77,705
Total net assets	$30,550
Deficit for the year	$-61,792
Net assets or fund balances at beginning of year	$92,342
Other changes in net assets or fund balances	$0

Balance Sheets (for 2010)
Total assets	$30,550
Total liabilities	$0
Net assets or fund balances	$30,550

Other Information (for 2010)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0

Reason for Public Charity Status (for 2010)
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

Reason for Public Charity Status (for 2010)

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

	2006 - 2010 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010)
Total support	$268,459
Gifts, grants, contributions, and membership fees received	$130,050
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	$138,036
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975	$373

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