Chaska Figure Skating Club in Chaska, Minnesota (MN)

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Chaska Figure Skating Club
Employer Identification Number (EIN)411841536
Name of OrganizationChaska Figure Skating Club
Address1661 Park Ridge Dr, Chaska, MN 55318-2841
ActivitiesOther sports club
SubsectionCivic League
Ruling Date09/1996
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period05/2014
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$17,496
Amount of Income$70,194
Form 990 Revenue Amount$65,561

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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$49,769$54,273
Contributions, gifts, grants, and similar amounts received$6,725$4,035
Program service revenue including government fees and contracts$33,193$39,627
Membership dues and assessments$2,845$2,977
Investment income$2$1
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$7,004$7,633
Gross income from gaming$0$0
Gross income from fundraising events$10,453$11,444
Less: direct expenses from gaming and fundraising events$3,449$3,811
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$50,764$55,889
Total net assets$-750$4,142
Excess/Deficit for the year$-995$-1,616
Net assets or fund balances at beginning of year$1,579$6,097
Other changes in net assets or fund balances$-1,334$-339
Net assets or fund balances at end of year$-2,705
Balance Sheets
Total assets$7,663$8,822
Total liabilities$8,413$4,680
Net assets or fund balances$-750$4,142
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 activitiesNoNo
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$0
Gross receipts for public use of club facilities$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
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:Not provided
Number of organizations supported0
Sum of amounts of support$0
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