Lotus Ltd in College Park, Maryland (MD)

Lotus Ltd
Employer Identification Number (EIN)	521255891
Name of Organization	Lotus Ltd
Address	PO BOX L, College Park, MD 20741-3010
Activities	Hobby club
Subsection	Pleasure, Recreational, or Social Club
Ruling Date	03/1996
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2014
Assets	$25,000 to $99,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$70,565
Amount of Income	$164,636
Form 990 Revenue Amount	$49,738

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2013

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$39,610	$5,316	$52,649
Contributions, gifts, grants, and similar amounts received	$0	$0	$0
Program service revenue including government fees and contracts	$5,590	$6,308	$3,651
Membership dues and assessments	$31,075	$28,603	$32,233
Investment income	$25	$21	$21
Gain/Loss from sale of assets other than inventory	$0	$0	$0
Net income/loss from gaming and fundraising events	$2,920	$-29,616	$16,754
Gross income from gaming	$0	$0	$0
Gross income from fundraising events	$99,650	$94,878	$91,241
Less: direct expenses from gaming and fundraising events	$96,730	$124,494	$74,487
Gross profit/loss from sales of inventory	$0	$0	$0
Other revenue	$0	$0	$0
Total expenses	$46,874	$39,167	$50,560
Total net assets	$95,500	$61,649	$63,458
Excess/Deficit for the year	$-7,264	$-33,851	$2,099
Net assets or fund balances at beginning of year	$102,764	$95,500	$61,649
Other changes in net assets or fund balances	$0	$0	$-290
Net assets or fund balances at end of year		$61,649	$63,458

	2011	2012	2013
Balance Sheets
Total assets	$95,500	$61,649	$63,458
Total liabilities	$0	$0	$0
Net assets or fund balances	$95,500	$61,649	$63,458

	2011	2012	2013
Other Information
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 2013)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend Lotus Ltd to others? (optional)

Yes

Add photo of Lotus Ltd (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (216.73.216.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Theocracy International Ministries Inc, Theocracy Christian Center in Capitol Hgts, MD
Phoenix Wildlife Center Inc in Phoenix, MD
Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha in Silver Spring, MD
Bright Eyes Sanctuary Inc in Hagerstown, MD
St Mary Episcopal Church in Woodlawn, MD
Turning Point Church in Rockville, MD
Beaverbrook Community Association Inc in Columbia, MD
Skye Foundation Inc in Suitland, MD
Kidcare Fund Inc in Towson, MD
Scholars Pointe Academy Inc in Bowie, MD

Recently Added Reviews

Theocracy International Ministries Inc, Theocracy Christian Center in Capitol Hgts, MD

Phoenix Wildlife Center Inc in Phoenix, MD

Alpha Scholarship Endowment Fund Of Iul Chapter Of Alpha Phi Alpha in Silver Spring, MD

Bright Eyes Sanctuary Inc in Hagerstown, MD

St Mary Episcopal Church in Woodlawn, MD

Turning Point Church in Rockville, MD

Beaverbrook Community Association Inc in Columbia, MD

Skye Foundation Inc in Suitland, MD

Kidcare Fund Inc in Towson, MD

Scholars Pointe Academy Inc in Bowie, MD

Id	Name	Address	State	Established	Total Income
Other organizations in Maryland
1	Long Point Improvement Association Inc	1534 Long Point Road, Pasadena, MD 21122	MD	1965-06	$25,285
2	Long Reach Community Association Inc	8775 Cloudleap Court, Columbia, MD 21045-3044	MD	1975-11	$688,515
3	Long Reach High School Boosters Club	6101 Old Dobbin Road, Columbia, MD 21045	MD	1997-09	$0
4	Longfellow Nursery Inc	6912 Newberry Dr, Columbia, MD 21044-4252	MD	1971-10	$85,119
5	Lords House Of Glory	4045 Silver Hill Rd, Suitland, MD 20746-2701	MD	2001-08	$65,420
6	Lords Portions Ministry	8420 Ravenswood Rd, Hyattsville, MD 20784	MD	2008-05	$0
7	Loretta A Snell Charitable Tr Inc	407 W Pennsylvania Ave, Towson, MD 21204-4229	MD	2004-03	$162,866
8	Loretta Village Housing Inc	520 Snow Hill Rd, Salisbury, MD 21804-6031	MD	1995-05	$96,670
9	Loretta Village Ii Inc	520 Snow Hill Rd, Salisbury, MD 21804-6031	MD	2001-02	$56,307
10	Lorien Homes Inc	3 Milford Mill Rd, Baltimore, MD 21208-6019	MD	2005-12	$76,421
11	Lotus Ltd	PO BOX L, College Park, MD 20741-3010	MD	1996-03	$164,636
12	Louis & Frances B Booke Memorial Foundation Inc	One South Street, Baltimore, MD 21202-3298	MD	2006-06	$405,301
13	Louis & Hortense Eliasberg Memorial Foundation	2 Hamill Rd, Baltimore, MD 21210-1806	MD	1981-01	$4,473
14	Louis And Dora Smith Foundation Inc	3209 Old Court Rd, Baltimore, MD 21208-3315	MD	2000-05	$778,201
15	Louis And Helen Fanaroff Charitable Foundation Ltd	16021 Industrial Dr Ste 8, Gaithersburg, MD 20877-1411	MD	1983-03	$3,423,609
16	Louis B Ii And Josephine L Kohn Family Foundation Inc	3635 Old Ct 403, Baltimore, MD 21208-3908	MD	2004-11	$1,614,371
17	Thalheimer-Eurich Charitable Fund Inc	6225 Smith Avenue, Baltimore, MD 21209-3626	MD	2007-08	$72,761
18	Louis C & Celia K Grossberg Foundation Inc	6500 Rock Spring Dr Ste 200, Bethesda, MD 20817-1182	MD	1950-02	$16,102
19	Louis C Talarico Scholarship Fund	8820 Columbia 100 Pkwy Ste 400, Columbia, MD 21045-2175	MD	1993-10	$10,000
20	Louis D And Hortense G Michaels Foundation Inc	2002 Clipper Park Rd Ste 108, Baltimore, MD 21211-1405	MD	1974-02	$17,484

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Lotus Ltd and has no official or unofficial affiliation with Lotus Ltd