Group Funds Association Inc in Watkinsville, Georgia (GA)

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Group Funds Association Inc
Employer Identification Number (EIN)582195300
Name of OrganizationGroup Funds Association Inc
In Care of NameEDDIE KINNARD
AddressPO BOX 167, Watkinsville, GA 30677
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Promotion of fair business practices, Propose, support, or oppose legislation
SubsectionBusiness League
Ruling Date08/1997
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
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$86,531
Amount of Income$22,146
Form 990 Revenue Amount$22,146


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$22,146
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$16,750
Investment income$140
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$5,256
Gross income from gaming$0
Gross income from fundraising events$19,700
Less: direct expenses from gaming and fundraising events$14,444
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$17,934
Total net assets$86,531
Excess for the year$4,212
Net assets or fund balances at beginning of year$82,319
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$86,531
Total liabilities$0
Net assets or fund balances$86,531
Other Information (for 2012)
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 2012)
The organization is not a private foundation because it is:Not provided
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