Folly Association Of Business in Folly Beach, South Carolina (SC)
Table of contents:
| Folly Association Of Business | |
| Employer Identification Number (EIN) | 570870145 |
| Name of Organization | Folly Association Of Business |
| In Care of Name | RON HILL |
| Address | PO BOX 43, Folly Beach, SC 29439 |
| Website | N/A |
| Activities | Business promotion (chamber of commerce, business league, etc.) |
| Subsection | Business League |
| Ruling Date | 05/1989 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2011 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $122,218 |
| Amount of Income | $135,259 |
| Form 990 Revenue Amount | $87,201 |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $53,211 | $87,201 |
| Contributions, gifts, grants, and similar amounts received | $50,000 | $99,500 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $1,360 | $1,555 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $1,851 | $-13,854 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $14,992 | $34,204 |
| Less: direct expenses from gaming and fundraising events | $13,141 | $48,058 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $44,573 | $42,784 |
| Total net assets | $77,801 | $122,218 |
| Excess/Deficit for the year | $8,638 | $44,417 |
| Net assets or fund balances at beginning of year | $69,163 | $77,801 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $77,801 | $122,218 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $77,801 | $122,218 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $77,801 | $122,218 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No |
| 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? | No | No |
| Total amount involved | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $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? | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | Not provided |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
| Vietnam Veterans Of America Inc in Columbia, SC |
Daughters Of The Nile, Arabi Temple No141 in Lexington, SC
 |
| Kappa Alpha Psi Fraternity, Moncks Corner Alumni Chapter in Moncks Corner, SC |
All About Change Inc in Greenville, SC
 |
| Museum Of Western York County in Sharon, SC |
|
Project Josiah Restoration Ministry in Columbia, SC
|
|
Pk Outreach Inc in Inman, SC
|
| Sacred Literature Ministries Inc, Teachers' Swap Shop in Taylors, SC |
|
Amvets, 0070 Amvets in Port Royal, SC
|
| American Youth Football Inc, Rock Hill Cowboys in Rock Hill, SC |
| Other organizations in South Carolina | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Florence Symphony Guild | 2535 W Edgefield Rd, Florence, SC 29501-1918 | SC | 2007-03 | $68,127 |
| 2 | Florence Symphony Orchestra | PO BOX 3211, Florence, SC 29502-3211 | SC | 1950-02 | $260,489 |
| 3 | Florence Tennis Association | PO BOX 14035, Florence, SC 29504-4035 | SC | 1998-08 | $57,607 |
| 4 | Florence-Darlington Technical College Foundation Inc | PO BOX 100548, Florence, SC 29502-0548 | SC | 1979-04 | $1,871,115 |
| 5 | Flowers Family Foundation, Duncan Joanne F Ttee | 151 Rose Lake Rd, Lexington, SC 29072-7666 | SC | 2002-01 | $14,710 |
| 6 | Flowertown Players Inc | 133 S Main St, Summerville, SC 29483-6007 | SC | 1977-06 | $237,261 |
| 7 | Floyd Dale Fire Department Inc | 2944 Burke Rd, Dillon, SC 29536-7514 | SC | 2005-11 | $46,106 |
| 8 | Fls Inc | PO BOX 308, Laurens, SC 29360-0308 | SC | 1997-01 | $67,511 |
| 9 | Flyway Foundation | PO BOX 5997, Columbia, SC 29250-5997 | SC | 2006-02 | $3,232 |
| 10 | Focused Living Ministries Inc | 805 Shelter Cove Ct, Columbia, SC 29212-8350 | SC | 1995-08 | $228,326 |
| 11 | Folly Association Of Business | PO BOX 43, Folly Beach, SC 29439 | SC | 1989-05 | $135,259 |
| 12 | Folly Beach Tourism And Visitors Promotions Committee Inc | 21 Center St, Charleston, SC 29439 | SC | 2006-02 | $164,394 |
| 13 | Food Bank Of Greenwood County | PO BOX 604, Greenwood, SC 29648-0604 | SC | 2012-04 | $452,962 |
| 14 | Foot2water Inc | 3300 N Main St Ste D Pmb 339, Anderson, SC 29621-4128 | SC | 2006-09 | $22,151 |
| 15 | Foothills Area Ymca | 10121 Clemson Blvd Suite F, Seneca, SC 29678-0818 | SC | 1992-07 | $425,093 |
| 16 | Foothills Chorale | PO BOX 33102, Clemson, SC 29633-3102 | SC | 1994-07 | $34,629 |
| 17 | Foothills Conservatory For The Performing Arts | 109 E N First Street, Seneca, SC 29678 | SC | 2004-08 | $52,158 |
| 18 | Foothills Gala | PO BOX 6688, Greenville, SC 29606 | SC | 2003-01 | $63,094 |
| 19 | Foothills Golden Retriver Rescue Inc | P O Box 9077, Greenville, SC 29604 | SC | 2001-07 | $42,131 |
| 20 | Foothills Health Information Network | 306 Memorial Dr, Seneca, SC 29672 | SC | 2009-05 | $226,252 |
Organization representatives - add corrected or new information about Folly Association Of Business »
Non-representatives - add comments about Folly Association Of Business»