Carolina One Volleyball in Greenville, South Carolina (SC)

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Carolina One Volleyball
Employer Identification Number (EIN)261705861
Name of OrganizationCarolina One Volleyball
In Care of NameKim Tonkin
AddressPO BOX 6338, Greenville, SC 29606-6338
SubsectionEducational Organization
Ruling Date06/2010
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 Period09/2011
Assets$1 to $9,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,383
Amount of Income$173,016
Form 990 Revenue Amount$166,446
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Amateur Sports Clubs, Leagues, (Not Elsewhere Classified)

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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$166,446
Contributions, gifts, grants, and similar amounts received$100
Program service revenue including government fees and contracts$163,551
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$1,250
Gross income from gaming$0
Gross income from fundraising events$7,567
Less: direct expenses from gaming and fundraising events$6,317
Gross profit from sales of inventory$445
Gross sales of inventory, less returns and allowances$698
Less: cost of goods sold$253
Other revenue$1,200
Total expenses$168,463
Total net assets$-1,617
Deficit for the year$-2,017
Net assets or fund balances at beginning of year$-1,600
Other changes in net assets or fund balances$2,000
Balance Sheets (for 2011)
Total assets$2,383
Total liabilities$4,000
Net assets or fund balances$-1,617
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$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$349,206
Gifts, grants, contributions, and membership fees received$15,097
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$334,109
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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