Committee Of Twenty Five Inc in Palm Springs, California (CA)
Table of contents:
| Committee Of Twenty Five Inc | |
| Employer Identification Number (EIN) | 951612619 |
| Name of Organization | Committee Of Twenty Five Inc |
| Address | 421 W Alejo Rd, Palm Springs, CA 92262-5663 |
| Activities | Other social activities |
| Subsection | Pleasure, Recreational, or Social Club |
| Ruling Date | 08/1950 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $345,643 |
| Amount of Income | $197,564 |
| Form 990 Revenue Amount | $197,564 |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $126,323 | $129,730 | $121,914 |
| 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 | $105,950 | $112,262 | $97,029 |
| Investment income | $9 | $5 | $2 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $20,364 | $17,463 | $24,883 |
| Gross sales of inventory, less returns and allowances | $37,463 | $37,470 | $43,520 |
| Less: cost of goods sold | $17,099 | $20,007 | $18,637 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $146,304 | $141,611 | $146,834 |
| Total net assets | $195,167 | $183,286 | $158,366 |
| Excess/Deficit for the year | $-19,981 | $-11,881 | $-24,920 |
| Net assets or fund balances at beginning of year | $215,148 | $195,167 | $183,286 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $183,286 | $158,366 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $258,667 | $254,286 | $241,066 |
| Total liabilities | $63,500 | $71,000 | $82,700 |
| Net assets or fund balances | $195,167 | $183,286 | $158,366 |
| 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 | $25,350 | $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: | Not provided |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
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| 11 | Committee Of Twenty Five Inc | 421 W Alejo Rd, Palm Springs, CA 92262-5663 | CA | 1950-08 | $197,564 |
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