Dean Alan Reep Scholarship Foundation Inc in Statesville, North Carolina (NC)

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Dean Alan Reep Scholarship Foundation Inc
Employer Identification Number (EIN)581816781
Name of OrganizationDean Alan Reep Scholarship Foundation Inc
Address1110 Island Ford Rd, Statesville, NC 28625-8780
ActivitiesScholarships (other)
SubsectionCharitable Organization
Ruling Date03/1989
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$3,968
Amount of Income$2,027
Form 990 Revenue Amount$2,027


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$57$203$2,027
Contributions, gifts, grants, and similar amounts received$0$200$2,025
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$57$3$2
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$0$0$0
Total expenses$2,000$0$1,000
Total net assets$0$2,941$3,968
Excess/Deficit for the year$-1,943$203$1,027
Net assets or fund balances at beginning of year$1,943$2,738$2,941
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$2,738$2,941$3,968
Balance Sheets
201120122013
Total assets$0$2,941$3,968
Total liabilities$0$0$0
Net assets or fund balances$0$2,941$3,968
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
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?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
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?NoNoNo
Total amount involved$0$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?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
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
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