Clubs In The City in Raleigh, North Carolina (NC)

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Clubs In The City
Employer Identification Number (EIN)562276699
Name of OrganizationClubs In The City
In Care of NameSheri Bedsole
AddressPO BOX 19661, Raleigh, NC 27619-9661
SubsectionCharitable Organization
Ruling Date11/2002
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$13,940
Amount of Income$59,913
Form 990 Revenue Amount$59,913
National Taxonomy of Exempt Entities (NTEE)Youth Development: Youth Centers, Clubs, Multipurpose

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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$49,377$48,916$59,913
Contributions, gifts, grants, and similar amounts received$48,857$48,916$59,913
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$520$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$40,807$47,709$59,638
Total net assets$6,473$7,680$7,954
Excess/Deficit for the year$8,570$1,207$275
Net assets or fund balances at beginning of year$-2,097$6,473$7,680
Other changes in net assets or fund balances$0$0$-1
Net assets or fund balances at end of year$7,680$7,954
Balance Sheets
Total assets$12,757$13,787$13,940
Total liabilities$6,284$6,107$5,986
Net assets or fund balances$6,473$7,680$7,954
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?YesYes
Total amount involved$5,638$5,638
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$148,156
Subtotal Support$249,246
Gifts, grants, contributions, and membership fees received$249,246
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
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$101,090
Total Support$249,766
Public Support$249,246
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$520
Gross receipts from related activities, etc.$0
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