Toledo Bend Oilmans Classic in New Iberia, Louisiana (LA)

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Toledo Bend Oilmans Classic
Employer Identification Number (EIN)261103835
Name of OrganizationToledo Bend Oilmans Classic
In Care of NameChester Huval Sr
Address3509 Weeks Island Rd, New Iberia, LA 70560-8370
SubsectionCivic League
Ruling Date11/2010
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$66,658
Amount of Income$90,111
Form 990 Revenue Amount$25,612
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Recreational, Pleasure, or Social Club


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Amount of income in 2014: $90,111 (it was $48,974 in 2013)
This organization: 

 $90,111
Other organizations performing similar types of work: 

 $62,479

Assets in 2014: $66,658 (it was $62,541 in 2013)
This organization: 

 $66,658
Other organizations performing similar types of work: 

 $41,400

Expenses in 2013: $22,194
Toledo Bend Oilmans Classic: 

 $22,194
Other organizations performing similar types of work: 

 $49,751

Income to expenses ratio in 2013: 4.1
Toledo Bend Oilmans Classic: 

 4.1
Other organizations performing similar types of work: 

 0.9

Grants share in income in 2013: 18.0%
Toledo Bend Oilmans Classic: 

 18.0%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2010201120122013
Total revenue$148,259$31,686$15,577$48,974
Contributions, gifts, grants, and similar amounts received$30,339$0$5,955$8,827
Program service revenue including government fees and contracts$117,920$0$0$0
Membership dues and assessments$0$0$0$0
Investment income$0$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0$0
Net income/loss from gaming and fundraising events$0$31,686$10,922$39,197
Gross income from gaming$0$0$0$0
Gross income from fundraising events$0$31,686$68,095$95,220
Less: direct expenses from gaming and fundraising events$0$0$57,173$56,023
Gross profit/loss from sales of inventory$0$0$-1,300$950
Gross sales of inventory, less returns and allowances$0$0$0$2,120
Less: cost of goods sold$0$0$1,300$1,170
Other revenue$0$0$0$0
Total expenses$148,259$33,314$18,555$22,194
Total net assets$0$38,739$35,761$62,541
Excess/Deficit for the year$0$-1,628$-2,978$26,780
Net assets or fund balances at beginning of year$0$40,367$38,739$35,761
Other changes in net assets or fund balances$0$0$0$0
Net assets or fund balances at end of year$35,761$62,541
Balance Sheets
2010201120122013
Total assets$40,367$38,739$35,761$62,541
Total liabilities$40,367$0$0$0
Net assets or fund balances$0$38,739$35,761$62,541
Other Information
2010201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoYes
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Treasure Island Tennis & Yacht Club400 Treasure Island Cswy, Treasure Is, FL 33706-1131FL2007-10$3,103,974
2Tau Kappa Epsilon Fraternity Inc, 298 Iota Zeta Colony747 Comstock Ave, Syracuse, NY 13210-2820NY2004-02$249,224
3Mystic Krewe Of Nyx201 St Charles Avenue Suite 114 376, New Orleans, LA 70170LA2013-07$1,015,796
4Crescent ClubPO BOX 56337, New Orleans, LA 70156-6337LA2011-11$776,075
5La Thunder Inc1434 Strozier Road, West Monroe, LA 71291LA2008-01$481,875
6Theta Xi Fraternity, 164 Beta Pi Chapter710 North Pine Street, Hammond, LA 70401LA1940-12$313,211
7Louisiana Oilmens Bass Invitational, LobiPO BOX 9726, New Iberia, LA 70562-9726LA2011-11$255,650
8Wood Lake Estates Tennis And Swim82 Sequoia St, Kenner, LA 70065-1023LA2005-09$167,016
9Southern Oilmans Tennis Tournament IncPO BOX 80425, Lafayette, LA 70598-0425LA2002-11$112,559
10Rolling Elvi Inc3301 Constance St, New Orleans, LA 70115-1203LA2014-07$91,340
11Toledo Bend Oilmans Classic3509 Weeks Island Rd, New Iberia, LA 70560-8370LA2010-11$90,111
12Alexandria Aquatic Racquet Club Inc2001 Brentwood Ave, Alexandria, LA 71301-3804LA2013-01$77,072
13Krewe Of Jupiter & Juno Of Greater Baton Rouge Inc, Krewe Of Jupiter & JunoPO BOX 15212, Baton Rouge, LA 70895-5212LA2010-12$74,281
14Sunrise Community Club2208 Judith St, Metairie, LA 70003-3515LA2001-12$71,456
15Tucumcari Inc, Krewe Of TucumcariPO BOX 77279, Baton Rouge, LA 70879-7279LA2007-03$60,977
16Ark-La-Tex Gun Collectors Association Inc153 Lakewood Pt, Bossier City, LA 71111LA2014-12$58,769
17Southern Elite Inc614 La Maison Rd, Duson, LA 70529-3601LA2013-05$54,404
18The Krewe De Les Femmes MystiquePO BOX 5851, Shreveport, LA 71135-5851LA2002-04$50,518
19Zeta Psi Association Of Tulane Inc6110 Colbert St, New Orleans, LA 70124-3011LA2012-02$45,059
20Tri-Parish Tigers Inc1054 W Tunnel Blvd, Houma, LA 70360-4070LA2009-01$43,489
Number of organizations performing similar types of work
Alaska51
Alabama146
Arkansas73
Arizona233
California1,398
Colorado245
Connecticut207
District of Columbia42
Delaware48
Florida770
Georgia222
Hawaii70
Iowa129
Idaho65
Illinois344
Indiana230
Kansas70
Kentucky136
Louisiana156
Massachusetts271
Maryland275
Maine70
Michigan383
Minnesota178
Missouri239
Mississippi43
Montana53
North Carolina261
North Dakota33
Nebraska53
New Hampshire83
New Jersey357
New Mexico62
Nevada97
New York650
Ohio422
Oklahoma84
Oregon203
Pennsylvania668
Rhode Island59
South Carolina168
South Dakota32
Tennessee143
Texas646
Utah62
Virginia337
Vermont55
Washington327
Wisconsin264
West Virginia67
Wyoming36
International6
Total11,322

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