American Society For Composites in Beavercreek, Ohio (OH)

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American Society For Composites
Employer Identification Number (EIN)311136469
Name of OrganizationAmerican Society For Composites
Address333 Timberleaf Dr, Beavercreek, OH 45430-2099
ActivitiesProfessional association
SubsectionCharitable Organization
Ruling Date03/1986
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 Period12/2013
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$190,476
Amount of Income$3,230
Form 990 Revenue Amount$3,230


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Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$52,581$15,481$3,230
Contributions, gifts, grants, and similar amounts received$0$70$0
Program service revenue including government fees and contracts$47,537$11,604$0
Membership dues and assessments$535$1,946$1,891
Investment income$4,509$1,861$1,339
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$11,614$16,418$23,852
Total net assets$212,035$211,098$190,476
Excess/Deficit for the year$40,967$-937$-20,622
Net assets or fund balances at beginning of year$171,068$212,035$211,098
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$211,098$190,476
Balance Sheets
201120122013
Total assets$212,035$211,098$190,476
Total liabilities$0$0$0
Net assets or fund balances$212,035$211,098$190,476
Other Information
201120122013
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?NoNo
Total amount involved$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?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$10,172
Subtotal Support$10,172
Gifts, grants, contributions, and membership fees received$10,172
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$0
Total Support$20,170
Public Support$10,172
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$9,998
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$0
Gross receipts from related activities, etc.$132,220
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