The Bead Society in Culver City, California (CA)

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The Bead Society
Employer Identification Number (EIN)953899451
Name of OrganizationThe Bead Society
Address4253 MCCONNELL - PO BOX 1456, Culver City, CA 90232-1456
ActivitiesBoy Scouts, Girl Scouts, etc.
SubsectionCharitable Organization
Ruling Date02/1997
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$54,040
Amount of Income$36,955
Form 990 Revenue Amount$36,955
National Taxonomy of Exempt Entities (NTEE)Youth Development: Scouting Organizations

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Amount of income in 2013: $36,955 (it was $37,047 in 2013)
This organization: 

Other organizations performing similar types of work: 


Assets in 2013: $54,040 (it was $51,072 in 2013)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2013: $40,015
The Bead Society: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 0.9
This organization: 

Other organizations performing similar types of work: 


Grants share in income in 2013: 0.1%
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$36,955$37,047
Contributions, gifts, grants, and similar amounts received$280$40
Program service revenue including government fees and contracts$30,480$29,859
Membership dues and assessments$5,875$6,928
Investment income$320$220
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$38,136$40,015
Total net assets$54,040$51,072
Excess/Deficit for the year$-1,181$-2,968
Net assets or fund balances at beginning of year$55,221$54,040
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$51,072
Balance Sheets
Total assets$54,040$51,072
Total liabilities$0$0
Net assets or fund balances$54,040$51,072
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: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
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$215,252
Gifts, grants, contributions, and membership fees received$43,115
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$172,137
Gross receipts from activities that are not an unrelated trade or business under section 513$0
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
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$217,924
Public support$215,252
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$2,672
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0
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Organizations performing similar types of work
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1Western Developments For Affordable Housing Inc2183 Fairview Rd Ste 108, Costa Mesa, CA 92627-5671CA1996-02$112,123,935
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7Santa Clara County Realtors Foundation1651 North First Street, San Jose, CA 95112CA1990-12$120,406
8Urological Sciences Research FoundationC/O Lskm F 4221 Wilshire Blvd, Los Angeles, CA 90010CA1997-08$85,604
9San Francisco Science Fiction Conventions IncorporatedPO BOX 61363, Sunnyvale, CA 94088-1363CA1996-03$76,899
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11Tsunah Foundation29322 Dean St, Laguna Niguel, CA 92677-4614CA1997-01$76,631
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15The Bead Society4253 MCCONNELL - PO BOX 1456, Culver City, CA 90232-1456CA1997-02$36,955
16Sacramento Area Fire ChaplaincyPO BOX 19835, Sacramento, CA 95819-0835CA1996-11$36,927
17Rotary Club Of Tiburon-Belvedere FoundationPO BOX 220, Tiburon, CA 94920-0220CA1991-09$16,786
18A Night To Remember Inc5892 Shaker Dr, Riverside, CA 92506-4031CA1992-09$0
19Ability Access Inc613 E Grand Ave, Escondido, CA 92025-4402CA1993-09$0
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Number of organizations performing similar types of work
New Jersey3
New Mexico3
New York3
South Carolina1
Total193 is not associated with, endorsed by, or sponsored by The Bead Society and has no official or unofficial affiliation with The Bead Society