Southern Colorado Velo in Colorado Springs, Colorado (CO)

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Southern Colorado Velo
Employer Identification Number (EIN)271613679
Name of OrganizationSouthern Colorado Velo
In Care of NameScott Sheehan
Address1621 Smokey Ridge Way, Colorado Springs, CO 80921
Websitehttp://www.socovelo.com
SubsectionCharitable Organization
Ruling Date04/2012
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
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$960
Amount of Income$545
Form 990 Revenue Amount$545
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Amateur Sports Clubs, Leagues, (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$545
Contributions, gifts, grants, and similar amounts received$1,500
Program service revenue including government fees and contracts$0
Membership dues and assessments$1,153
Investment income$0
Gain from sale of assets other than inventory$0
Net loss from gaming and fundraising events$-2,108
Gross income from gaming$0
Gross income from fundraising events$0
Less: direct expenses from gaming and fundraising events$2,108
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$1,915
Total net assets$960
Deficit for the year$-1,370
Net assets or fund balances at beginning of year$2,330
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$960
Total liabilities$0
Net assets or fund balances$960
Other Information (for 2011)
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 2011)
The organization is not a private foundation because it is:Not provided
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