Lioness Club Of Ocean City Md Inc in Ocean City, Maryland (MD)

Lioness Club Of Ocean City Md Inc
Employer Identification Number (EIN)	522182367
Name of Organization	Lioness Club Of Ocean City Md Inc
Address	PO BOX 6, Ocean City, MD 21843-0006
Subsection	Civic League
Ruling Date	08/2014
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	06/2014
Assets	$25,000 to $99,999
Income	$25,000 to $99,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$38,566
Amount of Income	$43,372
Form 990 Revenue Amount	$20,215
National Taxonomy of Exempt Entities (NTEE)	Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose

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Financial snapshot for 2014 ($)

Revenue for 2014

	2014
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$20,215
Contributions, gifts, grants, and similar amounts received	$50
Program service revenue including government fees and contracts	$0
Membership dues and assessments	$1,530
Investment income	$134
Gain/Loss from sale of assets other than inventory	$1,579
Gross amount from sale of assets other than inventory	$1,579
Less: cost or other basis and sales expenses	$0
Net income/loss from gaming and fundraising events	$11,071
Gross income from gaming	$4,295
Gross income from fundraising events	$29,933
Less: direct expenses from gaming and fundraising events	$23,157
Gross profit/loss from sales of inventory	$0
Other revenue	$5,851
Total expenses	$17,901
Total net assets	$38,566
Excess/Deficit for the year	$2,314
Net assets or fund balances at beginning of year	$36,252
Other changes in net assets or fund balances	$0
Net assets or fund balances at end of year	$38,566

	2014
Balance Sheets
Total assets	$38,566
Total liabilities	$0
Net assets or fund balances	$38,566

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