Floresville Peanut Festival Association in Floresville, Texas (TX)

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Floresville Peanut Festival Association
Employer Identification Number (EIN)742408536
Name of OrganizationFloresville Peanut Festival Association
AddressPO BOX 81, Floresville, TX 78114-0081
ActivitiesCommemorative event (centennial, festival, pageant, etc.)
SubsectionSocial Welfare Organization
Ruling Date06/1986
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$28,938
Amount of Income$197,693
Form 990 Revenue Amount$-32,776

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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$-32,776
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$63
Gain from sale of assets other than inventory$0
Net loss from gaming and fundraising events$-32,839
Gross income from gaming$0
Gross income from fundraising events$197,630
Less: direct expenses from gaming and fundraising events$230,469
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$12,624
Total net assets$28,938
Deficit for the year$-45,400
Net assets or fund balances at beginning of year$74,442
Other changes in net assets or fund balances$-104
Balance Sheets (for 2011)
Total assets$28,938
Total liabilities$0
Net assets or fund balances$28,938
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:Not provided
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