Southern Delaware Street Rod Association in Georgetown, Delaware (DE)

Southern Delaware Street Rod Association
Employer Identification Number (EIN)	510350586
Name of Organization	Southern Delaware Street Rod Association
In Care of Name	Fred Golden
Address	14870 Old Furnace Rd, Georgetown, DE 19947-4532
Activities	Hobby club
Subsection	Pleasure, Recreational, or Social Club
Ruling Date	05/1994
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$100,000 to $499,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$171,097
Amount of Income	$133,760
Form 990 Revenue Amount	$87,485

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2013

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$32,135	$54,188	$87,485
Contributions, gifts, grants, and similar amounts received	$185	$135	$122
Program service revenue including government fees and contracts	$0	$0	$0
Membership dues and assessments	$2,193	$2,013	$1,669
Investment income	$1,947	$403	$151
Gain/Loss from sale of assets other than inventory	$0	$0	$0
Net income/loss from gaming and fundraising events	$25,601	$24,423	$30,109
Gross income from gaming	$0	$895	$796
Gross income from fundraising events	$140,233	$97,631	$62,569
Less: direct expenses from gaming and fundraising events	$114,632	$74,103	$33,256
Gross profit/loss from sales of inventory	$-24	$284	$375
Gross sales of inventory, less returns and allowances	$9,300	$11,678	$13,394
Less: cost of goods sold	$9,324	$11,394	$13,019
Other revenue	$2,233	$26,930	$55,059
Total expenses	$46,867	$63,040	$97,194
Total net assets	$189,658	$180,806	$171,097
Excess/Deficit for the year	$-14,732	$-8,852	$-9,709
Net assets or fund balances at beginning of year	$204,390	$189,658	$180,806
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$180,806	$171,097

	2011	2012	2013
Balance Sheets
Total assets	$189,658	$180,806	$171,097
Total liabilities	$0	$0	$0
Net assets or fund balances	$189,658	$180,806	$171,097

	2011	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No	No
Were any significant changes made to the organizing or governing documents?		No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No	No	No
Has the organization filed a Form 990-T for the year?		No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No	No
Amount of political expenditures, direct or indirect		$0	$0
Did the organization file Form 1120-POL for this year?		No	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	No
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?		No	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?		No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

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