Marina Motorsports Inc in Marina, California (CA)

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Marina Motorsports Inc
Employer Identification Number (EIN)770421278
Name of OrganizationMarina Motorsports Inc
In Care of NameRobert Mccaffrey
AddressPO BOX 1200, Marina, CA 93933-1200
ActivitiesFundraising athletic or sports event
SubsectionCivic League, Social Welfare Organization
Ruling Date10/1998
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$26,081
Amount of Income$126,282
Form 990 Revenue Amount$126,282


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$117,308
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$117,308
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$123,973
Total net assets$23,075
Deficit for the year$-6,665
Net assets or fund balances at beginning of year$29,740
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$23,075
Total liabilities$0
Net assets or fund balances$23,075
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$496,916
Gifts, grants, contributions, and membership fees received$0
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$496,916
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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