Shoals Elementary School P T O in Pilot Mountain, North Carolina (NC)

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Shoals Elementary School P T O
Employer Identification Number (EIN)561873641
Name of OrganizationShoals Elementary School P T O
In Care of NameHope J Craven
AddressPo Box 1626, Pilot Mountain, NC 27041
ActivitiesDescribed in section 509(a)(2) of the Code, Parent or parent teachers association
SubsectionEducational Organization, Charitable Organization
Ruling Date10/1994
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$14,896
Amount of Income$16,643
Form 990 Revenue Amount$16,643


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$13,201
Contributions, gifts, grants, and similar amounts received$5,236
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$6
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$7,959
Gross income from gaming$7,497
Gross income from fundraising events$9,306
Less: direct expenses from gaming and fundraising events$8,844
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$21,647
Total net assets$6,450
Deficit for the year$-8,446
Net assets or fund balances at beginning of year$14,896
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$6,450
Total liabilities$0
Net assets or fund balances$6,450
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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
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