Mankato Basketball Association Inc in North Mankato, Minnesota (MN)
Table of contents:
| Mankato Basketball Association Inc | |
| Employer Identification Number (EIN) | 411704584 |
| Name of Organization | Mankato Basketball Association Inc |
| Address | PO BOX 2132, North Mankato, MN 56002-2132 |
| Activities | Amateur athletic association |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 11/1991 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 05/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $103,427 |
| Amount of Income | $89,566 |
| Form 990 Revenue Amount | $89,566 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Amateur Sports Clubs, Leagues, (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $90,042 | $91,448 | $89,566 |
| Contributions, gifts, grants, and similar amounts received | $300 | $1,800 | $1,740 |
| Program service revenue including government fees and contracts | $89,476 | $89,564 | $87,815 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $54 | $11 | $11 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $212 | $73 | $0 |
| Total expenses | $80,611 | $83,504 | $78,973 |
| Total net assets | $84,890 | $92,834 | $103,427 |
| Excess/Deficit for the year | $9,431 | $7,944 | $10,593 |
| Net assets or fund balances at beginning of year | $75,459 | $84,890 | $92,834 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $92,834 | $103,427 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $84,890 | $92,834 | $103,427 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $84,890 | $92,834 | $103,427 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| 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 2014) | |
| 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 supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $454,019 |
| Subtotal | $454,019 |
| Gifts, grants, contributions, and membership fees received | $4,372 |
| 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 | $449,647 |
| 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 |
| Less | $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 | $454,500 |
| Public support | $454,019 |
| Subtotal | $481 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $481 |
| 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 | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Veterans Of Foreign Wars Post 2766 in Breckenridge, MN
  |
|
Stalker Lake Sportsmens Club Inc in Dalton, MN
|
| Riverside Cemetery Association in Breckenridge, MN |
| Cuyuna Range Housing Inc in Ironton, MN |
|
Pets Abandoned Wanting Support in Motley, MN
|
|
Urban Agriculture International Program Inc in St Paul, MN
|
|
Lake City Music Boosters in Lake City, MN
|
|
Relapsing Polychondritis Awareness And Support Foundation in Anoka, MN
|
|
Foe River Basin Community Development Organization in St Paul, MN
|
|
Christian Actioin League Of Minnesota in Minneapolis, MN
|
| Other organizations in Minnesota | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Manitou Island Association | PO BOX 10902, White Bear Lk, MN 55110-0902 | MN | 1936-05 | $91,551 |
| 2 | Mankato Area 77 Lancers Marching Band Parents Association Inc | 110 Fulton St, Mankato, MN 56001-2520 | MN | 1994-05 | $155,634 |
| 3 | Mankato Area Arts Council, Carnegie Art Center | 120 South Broad Street, Mankato, MN 56001 | MN | 1979-07 | $97,815 |
| 4 | Mankato Area Children In Need | Po Box 1266, Mankato, MN 56002 | MN | 2004-07 | $19,856 |
| 5 | Mankato Area Foundation | 1560 Adams Street Suite 2, Mankato, MN 56001-5192 | MN | 1975-09 | $482,241 |
| 6 | Mankato Area Girls Fastpitch Association Inc | PO BOX 1271, Mankato, MN 56002-1271 | MN | 1988-12 | $210,552 |
| 7 | Mankato Area Living At Home Block Nurse Program | PO BOX 4314, Mankato, MN 56002-4314 | MN | 2004-12 | $36,035 |
| 8 | Mankato Area Softball Assn | 1911 Excel Drive, Mankato, MN 56001 | MN | $0 | |
| 9 | Mankato North Mankato Youth Football | PO BOX 311, Mankato, MN 56002-0311 | MN | 1978-03 | $75,374 |
| 10 | Mankato Ballet Company | PO BOX 114, Mankato, MN 56002-0114 | MN | 1985-08 | $195,618 |
| 11 | Mankato Basketball Association Inc | PO BOX 2132, North Mankato, MN 56002-2132 | MN | 1991-11 | $89,566 |
| 12 | Mankato Builders Exchange | 75 Navaho Ave Ste 2, Mankato, MN 56001-4830 | MN | 1988-08 | $77,127 |
| 13 | Mankato Caledonian Curling Club Inc | PO BOX 75, Mankato, MN 56002-0075 | MN | 2008-03 | $54,804 |
| 14 | Mankato Cemetery Association | PO BOX 812, Mankato, MN 56002-0812 | MN | 1951-07 | $81,611 |
| 15 | Mankato Chamber Of Commerce | 122 S Riverfront Dr, Mankato, MN 56001-3619 | MN | 1922-04 | $1,185,388 |
| 16 | Mankato Clinic Foundation Inc | PO BOX 8674, Mankato, MN 56002-8674 | MN | 1966-01 | $276,217 |
| 17 | Mankato Figure Skating Club | PO BOX 4312, Mankato, MN 56002-4312 | MN | 1988-02 | $131,209 |
| 18 | Mankato Golf Club Inc | PO BOX 3122, Mankato, MN 56002-3122 | MN | $2,881,941 | |
| 19 | Mankato Labor Temple Association Inc | 310 Mckinzie, Mankato, MN 56001 | MN | 1965-10 | $0 |
| 20 | Mankato Lodge No 1414 Loyal Order Of Moose, 1414 | PO BOX 4153, Mankato, MN 56002-4153 | MN | 1935-08 | $217,840 |
Organization representatives - add corrected or new information about Mankato Basketball Association Inc »
Non-representatives - add comments about Mankato Basketball Association Inc»