North Carolina Soaring Association Inc in Zebulon, North Carolina (NC)

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North Carolina Soaring Association Inc
Employer Identification Number (EIN)561232341
Name of OrganizationNorth Carolina Soaring Association Inc
In Care of NameThomas Holmes
Address66 Swetts Drive, Zebulon, NC 27597
ActivitiesOther sports club
SubsectionPleasure, Recreational, or Social Club
Ruling Date06/1980
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$156,236
Amount of Income$57,406
Form 990 Revenue Amount$57,406


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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$57,406
Contributions, gifts, grants, and similar amounts received$377
Program service revenue including government fees and contracts$27,958
Membership dues and assessments$26,459
Investment income$6
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$2,512
Gross income from gaming$0
Gross income from fundraising events$3,485
Less: direct expenses from gaming and fundraising events$973
Gross profit from sales of inventory$94
Gross sales of inventory, less returns and allowances$355
Less: cost of goods sold$261
Other revenue$0
Total expenses$62,190
Total net assets$116,710
Deficit for the year$-4,784
Net assets or fund balances at beginning of year$121,494
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$156,236
Total liabilities$39,526
Net assets or fund balances$116,710
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$6,458
Gross receipts for public use of club facilities$5,305
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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