Friends Of Stonington Crew Inc in Stonington, Connecticut (CT)

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Friends Of Stonington Crew Inc
Employer Identification Number (EIN)061549558
Name of OrganizationFriends Of Stonington Crew Inc
AddressPO BOX 242, Stonington, CT 06378-0242
SubsectionCharitable Organization
Ruling Date06/2001
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 Period12/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$60,621
Amount of Income$73,552
Form 990 Revenue Amount$50,697
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Single Organization Support

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Amount of income in 2013: $73,552 (it was $50,869 in 2012)
Friends Of Stonington Crew Inc: 

Other organizations performing similar types of work: 


Assets in 2013: $60,621 (it was $60,443 in 2012)
Friends Of Stonington Crew Inc: 

Other organizations performing similar types of work: 


Expenses in 2013: $41,646
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 1.8
Friends Of Stonington Crew Inc: 

Other organizations performing similar types of work: 


Grants share in income in 2013: 13.0%
Friends Of Stonington Crew Inc: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$38,076$37,918$50,697
Contributions, gifts, grants, and similar amounts received$8,459$7,199$6,605
Program service revenue including government fees and contracts$0$0$750
Membership dues and assessments$15,275$18,350$17,050
Investment income$16$8$6
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$14,338$9,446$22,784
Gross income from gaming$0$0$0
Gross income from fundraising events$23,547$17,158$39,024
Less: direct expenses from gaming and fundraising events$9,209$7,712$16,240
Gross profit/loss from sales of inventory$-12$2,915$677
Gross sales of inventory, less returns and allowances$9,435$8,154$7,292
Less: cost of goods sold$9,447$5,239$6,615
Other revenue$0$0$2,825
Total expenses$46,243$54,735$41,646
Total net assets$55,234$38,417$47,468
Excess/Deficit for the year$-8,167$-16,817$9,051
Net assets or fund balances at beginning of year$63,401$55,234$38,417
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$38,417$47,468
Balance Sheets
Total assets$85,909$60,443$60,621
Total liabilities$30,675$22,026$13,153
Net assets or fund balances$55,234$38,417$47,468
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:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$38,731
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Organizations performing similar types of work
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Number of organizations performing similar types of work
District of Columbia3
North Carolina31
North Dakota3
New Hampshire6
New Jersey44
New Mexico9
New York52
Rhode Island3
South Carolina11
South Dakota8
West Virginia11
Total1,313 is not associated with, endorsed by, or sponsored by Friends Of Stonington Crew Inc and has no official or unofficial affiliation with Friends Of Stonington Crew Inc