Historic Ocala Preservation Society Inc in Ocala, Florida (FL)

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Historic Ocala Preservation Society Inc
Employer Identification Number (EIN)592062769
Name of OrganizationHistoric Ocala Preservation Society Inc
In Care of NameCatherine Fitzpatrick
Address820 Se Fort King Street, Ocala, FL 34471
ActivitiesOther activity aimed t combating community deterioration, Preservation of scenic beauty, Other conservation, environmental or beautification activities
SubsectionCharitable Organization, Educational Organization
Ruling Date06/1981
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Tax Period2011
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$243,062
Amount of Income$-34,535
Form 990 Revenue Amount$-34,535

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Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2010)
Total revenue$-34,535
Contributions, gifts, grants, and similar amounts received$4,055
Program service revenue including government fees and contracts$2,690
Membership dues and assessments$0
Investment income$890
Loss from sale of assets other than inventory$-44,890
Gross amount from sale of assets other than inventory$174,652
Less: cost or other basis and sales expenses$219,542
Net income from gaming and fundraising events$1,916
Gross income from gaming$0
Gross income from fundraising events$3,723
Less: direct expenses from gaming and fundraising events$1,806
Gross profit from sales of inventory$515
Gross sales of inventory, less returns and allowances$2,458
Less: cost of goods sold$1,943
Other revenue$286
Total expenses$38,610
Total net assets$242,986
Deficit for the year$-73,146
Net assets or fund balances at beginning of year$315,527
Other changes in net assets or fund balances$605
Balance Sheets (for 2010)
Total assets$243,062
Total liabilities$76
Net assets or fund balances$242,986
Other Information (for 2010)
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 2010)
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 2010)
2006 - 2010 Total
Total support$178,706
Gifts, grants, contributions, and membership fees received$99,774
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$51,083
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$7,636
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