Boone Hi Booster Club in Boone, Iowa (IA)
Table of contents:
| Boone Hi Booster Club | |
| Employer Identification Number (EIN) | 421141524 |
| Name of Organization | Boone Hi Booster Club |
| In Care of Name | Larry Moklestad |
| Address | 500 7th St, Boone, IA 50036-2838 |
| Activities | School or college athletic association, Amateur athletic association |
| Subsection | Charitable Organization |
| Ruling Date | 12/1981 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 05/2014 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $33,300 |
| Amount of Income | $127,003 |
| Form 990 Revenue Amount | $74,696 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: |
Non-representatives - add comments:
Amount of income in 2014: $127,003 (it was $136,008 in 2013)
| This organization: | $127,003 |
| Other organizations performing similar types of work: | $126,478 |
Assets in 2014: $33,300 (it was $16,708 in 2013)
| Boone Hi Booster Club: | $33,300 |
| Other organizations performing similar types of work: | $72,541 |
Expenses in 2014: $71,433
| Boone Hi Booster Club: | $71,433 |
| Other organizations performing similar types of work: | $61,705 |
Income to expenses ratio in 2014: 1.8
| Boone Hi Booster Club: | 1.8 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2014: 20.3%
| Boone Hi Booster Club: | 20.3% |
| Other organizations performing similar types of work: | 5.9% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $116,710 | $89,862 | $74,696 |
| Contributions, gifts, grants, and similar amounts received | $37,907 | $27,418 | $15,151 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $18,435 | $13,505 | $15,795 |
| Investment income | $4 | $4 | $4 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $27,320 | $9,874 | $13,028 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $50,621 | $13,194 | $14,155 |
| Less: direct expenses from gaming and fundraising events | $23,301 | $3,320 | $1,127 |
| Gross profit/loss from sales of inventory | $33,044 | $39,061 | $30,718 |
| Gross sales of inventory, less returns and allowances | $93,020 | $81,887 | $81,898 |
| Less: cost of goods sold | $59,976 | $42,826 | $51,180 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $110,544 | $109,719 | $71,433 |
| Total net assets | $36,565 | $16,708 | $33,300 |
| Excess/Deficit for the year | $6,166 | $-19,857 | $3,263 |
| Net assets or fund balances at beginning of year | $30,399 | $36,565 | $16,708 |
| Other changes in net assets or fund balances | $0 | $0 | $13,329 |
| Net assets or fund balances at end of year | $16,708 | $33,300 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $36,565 | $16,708 | $33,300 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $36,565 | $16,708 | $33,300 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| 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? | No | No | |
| 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? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2014) | |
| 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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $744,596 |
| Subtotal | $744,596 |
| Gifts, grants, contributions, and membership fees received | $170,481 |
| 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 | $574,115 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $744,611 |
| Public support | $744,596 |
| Subtotal | $15 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $15 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
| Mid Iowa Foster Grandparent Program in Boone, IA |
Boone Community Theatre in Boone, IA
  |
| Disabled American Veterans, Disabled American Veterans Chapter 20 - Des Moines Ia in Des Moines, IA |
|
Pink Tractor Foundation in St Charles, IA
|
|
Furry Friends Refuge in Urbandale, IA
|
|
Endure Iowa Inc in Johnston, IA
|
|
Missouri River Boat Club in Sioux City, IA
|
| Teens Of Tomorrow Inc in Council Blfs, IA |
|
Midwest Pets For Life in Clinton, IA
|
|
Raised At Full Draw in Winterset, IA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | William And Mary Athletic Educational Foundation | PO BOX 399, Williamsburg, VA 23187-0399 | VA | 1956-06 | $14,727,780 |
| 2 | Vandal Boosters Inc | PO BOX 9043, Moscow, ID 83843-1543 | ID | 1949-01 | $1,412,498 |
| 3 | Westerville North Athletic Booster Club Inc | 950 County Line Rd, Westerville, OH 43081-1000 | OH | 1987-06 | $376,159 |
| 4 | West Muskingum Athletic Boosters Of Muskingum County Ohio | 2170 Highland Rd, Zanesville, OH 43701-2712 | OH | 1989-04 | $255,045 |
| 5 | Boone Hi Booster Club | 500 7th St, Boone, IA 50036-2838 | IA | 1981-12 | $127,003 |
| 6 | Spartan Booster Club | 6100 Rolling Rd, Springfield, VA 22152-1515 | VA | 1974-02 | $126,478 |
| 7 | Twinsburg Athletic Association Of Twinsburg School District | 6600 Summit Dr, Canfield, OH 44406-9510 | OH | 1976-08 | $108,266 |
| 8 | S P O R T Foundation | 4444 Magnolia Ave, Riverside, CA 92501-4136 | CA | 1987-07 | $99,371 |
| 9 | Spartan Athletic Club Cuhs | 1001 W Brighton Ave, El Centro, CA 92243-3110 | CA | 1993-07 | $55,572 |
| 10 | Suwannee Quarterback Club Inc | PO BOX 1491, Live Oak, FL 32064-1491 | FL | 1993-03 | $54,822 |
| 11 | Watseka Warrior Athletic Booster Club Inc | PO BOX 144, Watseka, IL 60970-0144 | IL | 1997-11 | $48,210 |
| 12 | Seabreeze Football Boosters Inc | 2700 N Oleander Avenue, Daytona Beach, FL 32118 | FL | 1995-02 | $44,200 |
| 13 | Shiloh High School Cheerleading Booster Club Inc | Po Box 390052, Snellville, GA 30039 | GA | 1996-04 | $42,681 |
| 14 | Triad Athletic Boosters Club | PO BOX 12, Troy, IL 62294-0012 | IL | 1994-12 | $33,983 |
| 15 | Starkville Schools Athletic Boosters Inc | 603 Yellow Jacket Dr, Starkville, MS 39759-3735 | MS | 1995-10 | $29,421 |
| 16 | West Boylston Athletic Association | PO BOX 307, West Boylston, MA 01583-0307 | MA | 1998-01 | $24,949 |
| 17 | West Davidson Athletic Building Foundation Inc | PO BOX 1697, Lexington, NC 27293-1697 | NC | 1991-09 | $12 |
| 18 | Ahahui Koa Anuenue | 1337 Lower Campus Road, Honolulu, HI 96822 | HI | 1973-03 | $0 |
| 19 | Athletic Booster Club Inc | 444 Quay Assisi, New Smyrna, FL 32169-5102 | FL | 1995-09 | $0 |
| 20 | Bluff City Middle School Athletic Booster Club | Po Box 747, Bluff City, TN 37618 | TN | 1995-04 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Boone Hi Booster Club »
Non-representatives - add comments about Boone Hi Booster Club»