Minnesota Nawbo Inc in Minneapolis, Minnesota (MN)

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Minnesota Nawbo Inc
Employer Identification Number (EIN)411361393
Name of OrganizationMinnesota Nawbo Inc
In Care of NameHeather Manley
Address2501 Wayzata Boulevard, Minneapolis, MN 55405
Websitehttp://nawbo-mn.org
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionBoard of Trade
Ruling Date05/1988
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2011
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$71,572
Amount of Income$63,952
Form 990 Revenue Amount$35,970


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$40,832
Contributions, gifts, grants, and similar amounts received$4,650
Program service revenue including government fees and contracts$0
Membership dues and assessments$25,875
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$10,307
Gross income from gaming$0
Gross income from fundraising events$36,183
Less: direct expenses from gaming and fundraising events$25,876
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$16,425
Total net assets$55,335
Excess/Deficit for the year$24,407
Net assets or fund balances at beginning of year$30,802
Other changes in net assets or fund balances$126
Net assets or fund balances at end of year$55,335
Balance Sheets
2013
Total assets$55,335
Total liabilities$0
Net assets or fund balances$55,335
Other Information
2013
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:Not provided
Number of organizations supported0
Sum of amounts of support$0
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