North Lake Sailing School Inc in North Lake, Wisconsin (WI)
Table of contents:
| North Lake Sailing School Inc | |
| Employer Identification Number (EIN) | 391644439 |
| Name of Organization | North Lake Sailing School Inc |
| Address | PO BOX 63, North Lake, WI 53064-0063 |
| Activities | Other sports or athletic activities |
| Subsection | Charitable Organization |
| Ruling Date | 01/1995 |
| 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 | $72,288 |
| Amount of Income | $31,876 |
| Form 990 Revenue Amount | $30,775 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Amateur Sports Clubs, Leagues, (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $46,340 | $29,744 | $30,775 |
| Contributions, gifts, grants, and similar amounts received | $16,100 | $4,200 | $2,520 |
| Program service revenue including government fees and contracts | $22,762 | $21,091 | $20,794 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $-140 | $232 | $289 |
| Gross amount from sale of assets other than inventory | $2,277 | $368 | $329 |
| Less: cost or other basis and sales expenses | $2,417 | $136 | $40 |
| Net income/loss from gaming and fundraising events | $7,618 | $4,221 | $7,172 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $8,678 | $4,936 | $8,233 |
| Less: direct expenses from gaming and fundraising events | $1,060 | $715 | $1,061 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $20,645 | $24,248 | $32,877 |
| Total net assets | $65,673 | $79,629 | $72,288 |
| Excess/Deficit for the year | $25,695 | $5,496 | $-2,102 |
| Net assets or fund balances at beginning of year | $53,500 | $60,177 | $81,732 |
| Other changes in net assets or fund balances | $-13,522 | $13,956 | $-7,342 |
| Net assets or fund balances at end of year | $85,125 | $70,185 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $65,673 | $79,629 | $72,288 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $65,673 | $79,629 | $72,288 |
| 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 | $168,773 |
| Subtotal | $168,773 |
| Gifts, grants, contributions, and membership fees received | $35,600 |
| 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 | $133,173 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 | $168,773 |
| Public support | $168,773 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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 | $0 |
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| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | North Central Wisconsin Conservatory Of Arts Inc | PO BOX 905, Minocqua, WI 54548-0905 | WI | 1996-03 | $29,817 |
| 2 | North Central Wisconsin Development Corporation | 210 Mcclellan Street, Wausau, WI 54403 | WI | 1995-02 | $0 |
| 3 | North Central Wisconsin Workforce Development Board | 3118 Post Road Suite A, Stevens Point, WI 54481-6451 | WI | 1984-11 | $4,322,356 |
| 4 | North Country Independent Living Inc | 69 N 28th St E Ste 28, Superior, WI 54880-6525 | WI | 1998-09 | $1,673,012 |
| 5 | North East Wisconsin Regional Economic Partnership | 400 Ahnaip Street Suite 100, Menasha, WI 54952 | WI | 2007-06 | $17,073 |
| 6 | North Eastside Senior Coalition Inc | 1625 Northport Dr 125, Madison, WI 53704-2300 | WI | 1978-11 | $596,363 |
| 7 | Superior Council For The Arts, Northend Arts Gallery | 1323 Broadway Street Ste 1c, Superior, WI 54880 | WI | 2007-01 | $0 |
| 8 | North High Athletic Booster Club Inc | PO BOX 1464, Eau Claire, WI 54702-1464 | WI | 1982-02 | $86,610 |
| 9 | North High Booster Club Inc | 1042 School Ave, Sheboygan, WI 53083-4053 | WI | 1974-11 | $160,306 |
| 10 | North Hills Country Club | N73w13430 Appleton Ave, Menomonee Fls, WI 53051-4425 | WI | 1934-11 | $3,475,860 |
| 11 | North Lake Sailing School Inc | PO BOX 63, North Lake, WI 53064-0063 | WI | 1995-01 | $31,876 |
| 12 | North Lake Volunteer Fire Department Inc | PO BOX 81, North Lake, WI 53064-0081 | WI | 1976-07 | $71,912 |
| 13 | North Lakeland Discovery Center Inc | PO BOX 237, Manitowsh Wtr, WI 54545-0237 | WI | 1996-11 | $740,164 |
| 14 | North Lakeland Ice Inc | Po Box 131, Manitowish Waters, WI 54545 | WI | 1994-04 | $14,059 |
| 15 | North Land Municipal Ambulance Inc | PO BOX 155, Luck, WI 54853-0155 | WI | 1994-04 | $471,895 |
| 16 | North Point Lighthouse Friends Inc | 2650 N Wahl Ave, Milwaukee, WI 53211-3860 | WI | 2002-03 | $118,108 |
| 17 | North Shore Academy Of The Arts Inc | 1111 Broad Street, Grafton, WI 53024-2413 | WI | 2000-11 | $246,616 |
| 18 | North Shore Childrens Center Inc | 906 E Fairy Chasm Rd, Bayside, WI 53217 | WI | 1974-01 | $102 |
| 19 | North Shore Junior Womens Club Inc | Po Box 170352, Whitefish Bay, WI 53217 | WI | 2014-07 | $0 |
| 20 | North Shore Middle School Pto | 800 N Shore Dr, Hartland, WI 53029-2713 | WI | 2004-04 | $34,328 |
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