Florida Greyhound Assn Inc in Grapevine, Arkansas (AR)

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Florida Greyhound Assn Inc
Employer Identification Number (EIN)591490613
Name of OrganizationFlorida Greyhound Assn Inc
Address2779 Highway 190 E, Grapevine, AR 72057-8500
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionBusiness League
Ruling Date03/1974
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$52,703
Amount of Income$188,135
Form 990 Revenue Amount$188,135
National Taxonomy of Exempt Entities (NTEE)Animal-Related:


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Amount of income in 2014: $188,135 (it was $185,818 in 2013)
This organization: 

 $188,135
Other organizations performing similar types of work: 

 $188,135

Assets in 2014: $52,703 (it was $75,887 in 2013)
This organization: 

 $52,703
Other organizations performing similar types of work: 

 $52,703

Expenses in 2013: $146,200
Florida Greyhound Assn Inc: 

 $146,200
Other organizations performing similar types of work: 

 $146,200

Income to expenses ratio in 2013: 1.3
Florida Greyhound Assn Inc: 

 1.3
Other organizations performing similar types of work: 

 1.3

Grants share in income in 2013: 54.8%
Florida Greyhound Assn Inc: 

 54.8%
Other organizations performing similar types of work: 

 54.8%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$146,297$157,140$185,818
Contributions, gifts, grants, and similar amounts received$141,697$155,540$101,811
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$4,600$1,600$84,007
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$132,985$156,081$146,200
Total net assets$35,208$36,269$75,887
Excess/Deficit for the year$13,312$1,059$39,618
Net assets or fund balances at beginning of year$21,896$35,210$36,269
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$36,269$75,887
Balance Sheets
201120122013
Total assets$35,208$36,269$75,887
Total liabilities$0$0$0
Net assets or fund balances$35,208$36,269$75,887
Other Information
201120122013
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$135,909$108,907
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:Not provided
Number of organizations supported0
Sum of amounts of support$0
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