South Carolina State Cosmetologist Assn Of The Natl Beauty Culturists in Sumter, South Carolina (SC)

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South Carolina State Cosmetologist Assn Of The Natl Beauty Culturists
Employer Identification Number (EIN)570789810
Name of OrganizationSouth Carolina State Cosmetologist Assn Of The Natl Beauty Culturists
Address913 W Bartlette St, Sumter, SC 29150-8045
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Other services or benefits to members or employees
SubsectionBusiness League
Ruling Date04/1994
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$384,585
Amount of Income$132,279
Form 990 Revenue Amount$103,243


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Financial snapshot ($)

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$56,279
Contributions, Gifts, Grants and Other Similar Amounts$75,715
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental loss$-19,436
Gross rents (Real / Personal)$12,575 / $0
Less: rental expenses (Real / Personal)$32,011 / $0
Rental income or (loss) (Real / Personal)$-19,436 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$64,380
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$64,380
Balance Sheet (for 2012)
Total assets$364,200
Total liabilities$286,980
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$255,160
Unsecured notes and loans payable to unrelated third parties$0
Other$31,820
Total net assets or fund balances$77,220
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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