New Orleans Geological Society in New Orleans, Louisiana (LA)

New Orleans Geological Society
Employer Identification Number (EIN)	720640873
Name of Organization	New Orleans Geological Society
In Care of Name	Mike Gallagher
Address	810 Union St Ste 300, New Orleans, LA 70112-1430
Activities	Other school related activities, Professional association
Subsection	Business League
Ruling Date	10/1967
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	06/2014
Assets	$100,000 to $499,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$463,862
Amount of Income	$166,238
Form 990 Revenue Amount	$156,471

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Financial snapshot ($)

Revenue for 2014

	2011	2012	2013	2014
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue		$114,447	$110,262	$156,471
Contributions, gifts, grants, and similar amounts received		$1,075	$1,300	$2,643
Program service revenue including government fees and contracts		$46,428	$43,221	$70,933
Membership dues and assessments		$13,900	$12,238	$12,226
Investment income		$12,416	$12,917	$13,157
Gain/Loss from sale of assets other than inventory		$0	$0	$0
Net income/loss from gaming and fundraising events	$1,713	$1,382	$776	$6,163
Gross income from gaming	$0	$0	$0	$0
Gross income from fundraising events		$18,320	$20,414	$15,930
Less: direct expenses from gaming and fundraising events		$16,938	$19,638	$9,767
Gross profit/loss from sales of inventory		$0	$0	$0
Other revenue		$39,246	$39,810	$51,349
Total expenses		$134,701	$123,440	$129,089
Total net assets		$463,519	$436,480	$463,862
Excess/Deficit for the year		$-20,254	$-13,178	$27,382
Net assets or fund balances at beginning of year		$483,773	$463,519	$436,480
Other changes in net assets or fund balances		$0	$-13,861	$0
Net assets or fund balances at end of year		$463,519	$436,480	$463,862

	2011	2012	2013	2014
Balance Sheets
Total assets	$483,773	$463,519	$436,480	$463,862
Total liabilities	$0	$0	$0	$0
Net assets or fund balances		$463,519	$436,480	$463,862

	2012	2013	2014
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?	No	No	No
Were any significant changes made to the organizing or governing documents?	No	No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	Yes	Yes	Yes
Has the organization filed a Form 990-T for the year?	Yes	Yes	Yes
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?	No	No	No
Amount of political expenditures, direct or indirect	$0	$0	$0
Did the organization file Form 1120-POL for this year?	No	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	No
Total amount involved	$0	$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	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No	No	No

Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

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