Weekend Goldminer & Prospectors Club in Dahlonega, Georgia (GA)

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Weekend Goldminer & Prospectors Club
Employer Identification Number (EIN)582082357
Name of OrganizationWeekend Goldminer & Prospectors Club
AddressPO BOX 910, Dahlonega, GA 30533-0016
ActivitiesHobby club
SubsectionPleasure, Recreational, or Social Club
Ruling Date06/1994
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$73,590
Amount of Income$66,749
Form 990 Revenue Amount$66,749

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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$70,845
Contributions, gifts, grants, and similar amounts received$32
Program service revenue including government fees and contracts$0
Membership dues and assessments$69,925
Investment income$33
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$855
Gross sales of inventory, less returns and allowances$855
Less: cost of goods sold$0
Other revenue$0
Total expenses$64,865
Total net assets$60,041
Excess for the year$5,980
Net assets or fund balances at beginning of year$54,226
Other changes in net assets or fund balances$-165
Balance Sheets (for 2011)
Total assets$62,508
Total liabilities$2,467
Net assets or fund balances$60,041
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$303,272
Gifts, grants, contributions, and membership fees received$302,253
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$-764
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$1,783
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