Lake Los Carneros Swim Club Inc in Goleta, California (CA)

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Lake Los Carneros Swim Club Inc
Employer Identification Number (EIN)952937896
Name of OrganizationLake Los Carneros Swim Club Inc
AddressPO BOX 375, Goleta, CA 93116-0375
SubsectionPleasure, Recreational, or Social Club
Ruling Date09/1983
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period03/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$31,544
Amount of Income$36,321
Form 990 Revenue Amount$36,321

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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$39,147$36,167
Contributions, gifts, grants, and similar amounts received$0$0
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$39,145$36,150
Investment income$2$17
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$22,021$36,289
Total net assets$1,427$1,305
Excess/Deficit for the year$17,126$-122
Net assets or fund balances at beginning of year$-15,699$1,427
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$1,305
Balance Sheets
Total assets$33,427$12,530
Total liabilities$32,000$11,225
Net assets or fund balances$1,427$1,305
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
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?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?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
Total amount involved$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?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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