Section School Parent Teacher Group in Eagle, Wisconsin (WI)

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Section School Parent Teacher Group
Employer Identification Number (EIN)391420535
Name of OrganizationSection School Parent Teacher Group
AddressW349s8947 Nesting Ct, Eagle, WI 53119-1451
ActivitiesOther school related activities
SubsectionCharitable Organization
Ruling Date03/1983
DeductibilityContributions are deductible
FoundationOrganization 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
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period07/2014
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$20,711
Amount of Income$60,576
Form 990 Revenue Amount$32,080


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Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$24,865$20,473$32,080
Contributions, gifts, grants, and similar amounts received$0$1,911$2,874
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$74$37$39
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$23,184$7,811$29,167
Gross income from gaming$0$0$0
Gross income from fundraising events$49,599$21,609$57,663
Less: direct expenses from gaming and fundraising events$26,415$13,798$28,496
Gross profit/loss from sales of inventory$0$0$0
Other revenue$1,607$10,714$0
Total expenses$23,790$26,095$30,166
Total net assets$25,619$19,149$20,711
Excess/Deficit for the year$1,075$-5,622$1,914
Net assets or fund balances at beginning of year$24,544$24,769$19,149
Other changes in net assets or fund balances$0$2$-352
Net assets or fund balances at end of year$19,149$20,711
Balance Sheets
201220132014
Total assets$25,619$19,149$20,711
Total liabilities$0$0$0
Net assets or fund balances$25,619$19,149$20,711
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$30,166
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