Carolina Cycle Challenge Inc in Newton, North Carolina (NC)
Table of contents:
| Carolina Cycle Challenge Inc | |
| Employer Identification Number (EIN) | 462506393 |
| Name of Organization | Carolina Cycle Challenge Inc |
| In Care of Name | William Shillito |
| Address | PO BOX 623, Newton, NC 28658-0623 |
| Subsection | Charitable Organization |
| Ruling Date | 08/2013 |
| 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 | 04/2014 |
| Assets | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $1,162 |
| Amount of Income | $77,165 |
| Form 990 Revenue Amount | $59,522 |
| National Taxonomy of Exempt Entities (NTEE) | Medical Research: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2014: $77,165
| Carolina Cycle Challenge Inc: | $77,165 |
| Other organizations performing similar types of work: | $70,593 |
Assets in 2014: $1,162
| This organization: | $1,162 |
| Other organizations performing similar types of work: | $37,019 |
Expenses in 2014: $58,360
| This organization: | $58,360 |
| Other organizations performing similar types of work: | $50,264 |
Income to expenses ratio in 2014: 1.3
| Carolina Cycle Challenge Inc: | 1.3 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 101.6%
| Carolina Cycle Challenge Inc: | 101.6% |
| Other organizations performing similar types of work: | 29.5% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |
| 2014 | |
|---|---|
| Total revenue | $59,522 |
| Contributions, gifts, grants, and similar amounts received | $60,450 |
| Program service revenue including government fees and contracts | $0 |
| Membership dues and assessments | $0 |
| Investment income | $0 |
| Gain/Loss from sale of assets other than inventory | $0 |
| Net income/loss from gaming and fundraising events | $-927 |
| Gross income from gaming | $0 |
| Gross income from fundraising events | $16,715 |
| Less: direct expenses from gaming and fundraising events | $17,643 |
| Gross profit/loss from sales of inventory | $0 |
| Other revenue | $0 |
| Total expenses | $58,360 |
| Total net assets | $1,162 |
| Excess/Deficit for the year | $1,162 |
| Net assets or fund balances at beginning of year | $0 |
| Other changes in net assets or fund balances | $0 |
| Net assets or fund balances at end of year | $1,162 |
| Balance Sheets | |
| 2014 | |
|---|---|
| Total assets | $1,162 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,162 |
| Other Information | |
| 2014 | |
|---|---|
| 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 activities | No |
| 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 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 | $77,165 |
| Subtotal | $16,715 |
| 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 | $16,715 |
| 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 | $77,165 |
| Public support | $77,165 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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 |
Janb School in Newton, NC
 |
|
Centers For Spiritual Living, Csl Asheville in Asheville, NC
|
| Kyle Busch Foundation in Mooresville, NC |
|
Marine Corps League, Marine Corps League Cherokee Detachment 1011 in Murphy, NC
|
| Colonial Capital Humane Society in New Bern, NC |
|
Living Church Of God International Inc in Charlotte, NC
|
Greensboro Cheetahs in Greensboro, NC
 |
|
Life Changing International Church Inc in High Point, NC
|
| Mission Servants Ministries in Charlotte, NC |
|
Bikers For Christ Sandhills Chapter in Dunn, NC
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Childrens Oncology Group Foundation | 3501 Civic Center Boulevard Ctrb, Philadelphia, PA 19104 | PA | 2011-12 | $9,670,770 |
| 2 | St Louis Life Sciences Project | 7515 Forsyth Blvd, Saint Louis, MO 63105-3401 | MO | 2004-09 | $8,587,325 |
| 3 | North Carolina Center Of Innovation For Nanobiotechnology | 2901 E Lee St Ste 2400, Greensboro, NC 27401-4904 | NC | 2010-07 | $114,956 |
| 4 | Jim Catfish Hunter Als Foundation | PO BOX 47, Hertford, NC 27944-0047 | NC | 2000-01 | $109,860 |
| 5 | Megs Smile Foundation Inc | 105 Hickory Glen Lane, Holly Springs, NC 27540 | NC | 2011-04 | $106,311 |
| 6 | Grab My Wheel Inc | 2305 Silent Stream Ct, Raleigh, NC 27607-6040 | NC | 2007-03 | $81,920 |
| 7 | Carolina Cycle Challenge Inc | PO BOX 623, Newton, NC 28658-0623 | NC | 2013-08 | $77,165 |
| 8 | Chapel Hill Breast Cancer Research Foundation | 1506 E Franklin St Ste 100, Chapel Hill, NC 27514-2825 | NC | 2000-10 | $54,867 |
| 9 | Health Research Education Foundation | PO BOX 12137, Rtp, NC 27709-2137 | NC | 2001-04 | $21,866 |
| 10 | National Regenerative Medicine Foundation | 345 N Stratford Road, Winstonsalem, NC 27104 | NC | 2005-06 | $20,638 |
| 11 | Global Health Foundation Inc | 604 Snow Crest Trl, Durhan, NC 27707-6131 | NC | 2005-12 | $1 |
| 12 | A Cure In Sight | 40 Cornerstone Dr, Franklinton, NC 27525 | NC | 2014-09 | $0 |
| 13 | Addis Cure | 19520 W Catawba Ave Ste 200, Cornelius, NC 28031 | NC | 2007-11 | $0 |
| 14 | Carson Sarcoma Foundation | 92 Middlemont Ave, Asheville, NC 28806-2557 | NC | 2014-08 | $0 |
| 15 | Courage To Make A Difference Inc | 4230 N Nc Hwy 62, Burlington, NC 27217 | NC | 2012-02 | $0 |
| 16 | Gardeners For Hope The Joan Balch Breast Cancer Fund | 506 Westchester Dr, Greenville, NC 27858-5623 | NC | 2012-02 | $0 |
| 17 | Pink Heals Cape Fear | Po Box 765, Castle Hayne, NC 28429 | NC | 2014-09 | $0 |
| 18 | Tickle Foundation Inc | 8807 Cavonnier Lane, Charlotte, NC 28216 | NC | 2004-08 | $0 |
| 19 | Velo4yellow | 12609 Bellstone Ln, Raleigh, NC 27614-8072 | NC | 2015-02 | $0 |
| 20 | Walk On Foundation | 8713 Cinnabay Drive, Charlotte, NC 28216 | NC | 2014-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 878 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Carolina Cycle Challenge Inc »
Non-representatives - add comments about Carolina Cycle Challenge Inc»