Standards Alumni Association in Gaithersburg, Maryland (MD)

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Standards Alumni Association
Employer Identification Number (EIN)521475530
Name of OrganizationStandards Alumni Association
In Care of NameJames A Schooley
AddressNist Mail Stop 0952, Gaithersburg, MD 20899-0952
ActivitiesAlumni association or group, Non financial services of facilities to other organizations, Discussion groups, forums, panels lectures, etc.
SubsectionCharitable Organization, Educational Organization
Ruling Date04/2014
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$36,470
Amount of Income$10,644
Form 990 Revenue Amount$10,644
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Alumni Associations

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Amount of income in 2014: $10,644 (it was $10,644 in 2013)
This organization: 

Other organizations performing similar types of work: 


Assets in 2014: $36,470 (it was $36,470 in 2013)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2013: $12,100
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 0.9
Standards Alumni Association: 

Other organizations performing similar types of work: 


Grants share in income in 2013: 0.2%
Standards Alumni Association: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$10,644
Contributions, gifts, grants, and similar amounts received$20
Program service revenue including government fees and contracts$0
Membership dues and assessments$7,205
Investment income$19
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$3,400
Total expenses$12,100
Total net assets$36,470
Excess/Deficit for the year$-1,456
Net assets or fund balances at beginning of year$37,926
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$34,025
Balance Sheets
Total assets$36,470
Total liabilities$0
Net assets or fund balances$36,470
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 activitiesNo
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 2013)
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 supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$0
Gifts, grants, contributions, and membership fees received$0
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$0
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
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$43,801
Public support$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,820
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$41,981
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Number of organizations performing similar types of work
District of Columbia28
North Carolina90
North Dakota1
New Hampshire16
New Jersey83
New Mexico6
New York181
Rhode Island12
South Carolina38
South Dakota5
West Virginia22
Total2,225 is not associated with, endorsed by, or sponsored by Standards Alumni Association and has no official or unofficial affiliation with Standards Alumni Association