Lake Forest School Parentteacher Club in El Dorado Hls, California (CA)

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Lake Forest School Parentteacher Club
Employer Identification Number (EIN)943206130
Name of OrganizationLake Forest School Parentteacher Club
Address2240 Sailsbury Dr, El Dorado Hls, CA 95762-6984
ActivitiesParent or parent teachers association
SubsectionEducational Organization
Ruling Date09/1994
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 Period06/2014
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$132,876
Amount of Income$94,590
Form 990 Revenue Amount$78,930


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$37,494$86,082
Contributions, gifts, grants, and similar amounts received$28,168$28,193
Program service revenue including government fees and contracts$0$15,781
Membership dues and assessments$0$0
Investment income$308$200
Gain/Loss from sale of assets other than inventory$-8,743$0
Net income/loss from gaming and fundraising events$17,761$41,908
Gross income from gaming$0$0
Gross income from fundraising events$73,733$62,019
Less: direct expenses from gaming and fundraising events$55,972$20,111
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$60,117$74,305
Total net assets$147,082$158,859
Excess/Deficit for the year$-22,623$11,777
Net assets or fund balances at beginning of year$169,705$147,082
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$147,082$158,859
Balance Sheets
20122013
Total assets$147,082$158,859
Total liabilities$0$0
Net assets or fund balances$147,082$158,859
Other Information
20122013
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 activitiesNoNo
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
Gross receipts for public use of club facilities$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 2013)
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$62,204
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