Driftwood Youth Sports Club Inc in Hollywood, Florida (FL)

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Driftwood Youth Sports Club Inc
Employer Identification Number (EIN)270635015
Name of OrganizationDriftwood Youth Sports Club Inc
In Care of NameCarlos Sosa
Address6830 Douglas St, Hollywood, FL 33024
SubsectionCharitable Organization
Ruling Date06/2012
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
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$32,995
Amount of Income$64,736
Form 990 Revenue Amount$85,163
National Taxonomy of Exempt Entities (NTEE)Youth Development: Youth Development Programs, Other

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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$85,163
Contributions, gifts, grants, and similar amounts received$2,000
Program service revenue including government fees and contracts$83,163
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$64,177
Total net assets$30,555
Excess for the year$20,986
Net assets or fund balances at beginning of year$9,569
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$30,555
Total liabilities$0
Net assets or fund balances$30,555
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: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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$257,537
Gifts, grants, contributions, and membership fees received$4,300
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$253,237
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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