South Carolina Association Of Cosmetology School in Lexington, South Carolina (SC)

South Carolina Association Of Cosmetology School
Employer Identification Number (EIN)	570788860
Name of Organization	South Carolina Association Of Cosmetology School
Address	201 Corley Woods Dr, Lexington, SC 29072-3845
Activities	Professional association
Subsection	Business League
Ruling Date	01/1986
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$100,000 to $499,999
Income	$25,000 to $99,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$146,929
Amount of Income	$38,713
Form 990 Revenue Amount	$38,713

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2013

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$38,063	$56,274	$38,713
Contributions, gifts, grants, and similar amounts received	$0	$0	$0
Program service revenue including government fees and contracts	$0	$0	$0
Membership dues and assessments	$37,768	$56,063	$38,594
Investment income	$295	$211	$119
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	$45,476	$72,576	$32,415
Total net assets	$156,933	$140,631	$146,929
Excess/Deficit for the year	$-7,413	$-16,302	$6,298
Net assets or fund balances at beginning of year	$164,346	$156,933	$140,631
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$140,631	$146,929

	2011	2012	2013
Balance Sheets
Total assets	$156,933	$140,631	$146,929
Total liabilities	$0	$0	$0
Net assets or fund balances	$156,933	$140,631	$146,929

	2011	2012	2013
Other Information
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	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	$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?		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

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Id	Name	Address	State	Established	Total Income
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10	South Carolina Association Of Convenience Stores	PO BOX 11405, Columbia, SC 29211-1405	SC	1978-10	$415,218
11	South Carolina Association Of Cosmetology School	201 Corley Woods Dr, Lexington, SC 29072-3845	SC	1986-01	$38,713
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20	South Carolina Captive Insurance Association Inc	1300 12th St Ste B, Cayce, SC 29033-3204	SC	2000-12	$238,469

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