Floral City Lions Foundation Inc in Floral City, Florida (FL)

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Floral City Lions Foundation Inc
Employer Identification Number (EIN)593764050
Name of OrganizationFloral City Lions Foundation Inc
In Care of NameHerb Keesling
Address6865 S Baker Ave, Floral City, FL 34436
SubsectionCharitable Organization
Ruling Date03/2003
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 Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$72,064
Amount of Income$4,304
Form 990 Revenue Amount$4,304
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Educational Services and Schools - Other


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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$4,304
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$2,500
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$1,804
Gross income from gaming$0
Gross income from fundraising events$4,718
Less: direct expenses from gaming and fundraising events$2,914
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$6,966
Total net assets$72,064
Deficit for the year$-2,662
Net assets or fund balances at beginning of year$74,726
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$72,064
Total liabilities$0
Net assets or fund balances$72,064
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
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