Studio City Residents Association in Studio City, California (CA)

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Studio City Residents Association
Employer Identification Number (EIN)953996938
Name of OrganizationStudio City Residents Association
Address12069 Ventura Pl Ste H, Studio City, CA 91604-2603
SubsectionCivic League
Ruling Date08/2005
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$109,873
Amount of Income$134,759
Form 990 Revenue Amount$134,759
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Community Coalitions

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Amount of income in 2014: $134,759 (it was $116,905 in 2013)
Studio City Residents Association: 

Other organizations performing similar types of work: 


Assets in 2014: $109,873 (it was $112,727 in 2013)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2013: $96,168
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 1.4
Studio City Residents Association: 

Other organizations performing similar types of work: 


Grants share in income in 2013: 59.9%
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$98,702$115,350$116,905
Contributions, gifts, grants, and similar amounts received$3,200$0$70,000
Program service revenue including government fees and contracts$67,400$88,500$19,050
Membership dues and assessments$27,894$26,725$27,780
Investment income$208$125$75
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$0$0$0
Other revenue$0$0$0
Total expenses$147,179$103,153$96,168
Total net assets$79,793$91,990$112,727
Excess/Deficit for the year$-48,477$12,197$20,737
Net assets or fund balances at beginning of year$128,270$79,793$91,990
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$91,990$112,727
Balance Sheets
Total assets$79,793$91,990$112,727
Total liabilities$0$0$0
Net assets or fund balances$79,793$91,990$112,727
Other Information
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 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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Number of organizations performing similar types of work
District of Columbia14
North Carolina57
North Dakota5
New Hampshire9
New Jersey46
New Mexico15
New York97
Rhode Island12
South Carolina23
South Dakota4
West Virginia15
Total1,698 is not associated with, endorsed by, or sponsored by Studio City Residents Association and has no official or unofficial affiliation with Studio City Residents Association