Piedmont Area Soap Box Derby Foundation in Brandy Sta, Virginia (VA)
Table of contents:
| Piedmont Area Soap Box Derby Foundation | |
| Employer Identification Number (EIN) | 743091423 |
| Name of Organization | Piedmont Area Soap Box Derby Foundation |
| In Care of Name | Soap Box Derby Of Culpeper |
| Address | PO BOX 82, Brandy Sta, VA 22714-0082 |
| Subsection | Charitable Organization |
| Ruling Date | 03/2005 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $267,568 |
| Amount of Income | $138,874 |
| Form 990 Revenue Amount | $132,584 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Amateur Sports Clubs, Leagues, (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $134,090 | $61,632 | $132,584 |
| Contributions, gifts, grants, and similar amounts received | $75,987 | $17,250 | $39,539 |
| Program service revenue including government fees and contracts | $22,532 | $37,350 | $93,916 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $73 | $34 | $10 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $34,370 | $6,506 | $729 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $42,512 | $6,715 | $729 |
| Less: direct expenses from gaming and fundraising events | $8,142 | $209 | $0 |
| Gross profit/loss from sales of inventory | $1,128 | $492 | $-1,610 |
| Gross sales of inventory, less returns and allowances | $1,738 | $2,559 | $4,680 |
| Less: cost of goods sold | $610 | $2,067 | $6,290 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $37,638 | $51,508 | $59,117 |
| Total net assets | $183,977 | $194,101 | $267,568 |
| Excess/Deficit for the year | $96,452 | $10,124 | $73,467 |
| Net assets or fund balances at beginning of year | $87,525 | $183,977 | $194,101 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $194,101 | $267,568 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $183,977 | $194,101 | $267,568 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $183,977 | $194,101 | $267,568 |
| Other Information | |||
| 2011 | 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 | 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: | 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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $501,107 |
| Subtotal | $501,107 |
| Gifts, grants, contributions, and membership fees received | $191,934 |
| 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 | $309,173 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $501,360 |
| Public support | $501,107 |
| Subtotal | $253 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $253 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Other organizations in Virginia | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Pi Kappa Alpha Fraternity, Epsilion Chapter | 100 Sph B, Blacksburg, VA 24060-0025 | VA | 1972-12 | $156,414 |
| 2 | Pi Kappa Alpha Fraternity, Iota Sigma Chapter | 1165 Harrison St Apt F, Harrisonburg, VA 22801-3002 | VA | 1941-03 | $107,745 |
| 3 | Pi Kappa Alpha Fraternity | 221 College Ln, Salem, VA 24153 | VA | 1941-03 | $0 |
| 4 | Pi Kappa Alpha Fraternity, Pi Chapter | PO BOX 1489, Lexington, VA 24450-1489 | VA | 1941-03 | $142,000 |
| 5 | Pi Kappa Phi Fraternity Beta Upsilon Chapter | 2125 Tarleton Dr, Charlottesvle, VA 22901-2936 | VA | 1964-03 | $103,435 |
| 6 | Pi Kappa Phi Fraternity Housing Corp Of Washington & Lee Univ | PO BOX 1489, Lexington, VA 24450-1489 | VA | 1941-05 | $538,568 |
| 7 | Pi Kappa Phi Fraternity, Delta Alpha | 5409 Highberry Woods Rd, Midlothian, VA 23112-6391 | VA | 1971-07 | $160,942 |
| 8 | Pi Kappa Phi Fraternity, Rho | PO BOX 1489, Lexington, VA 24450-1489 | VA | 1941-05 | $226,995 |
| 9 | Pi Lambda Phi Fraternity | 907 Floyd Ave Suite 014, Richmond, VA 23284 | VA | 1941-03 | $0 |
| 10 | Pickard-Studley Foundation Inc | 104 N Oak St, Falls Church, VA 22046-3234 | VA | 1998-01 | $57,490 |
| 11 | Piedmont Area Soap Box Derby Foundation | PO BOX 82, Brandy Sta, VA 22714-0082 | VA | 2005-03 | $138,874 |
| 12 | Piedmont Arts Association | 215 Starling Ave, Martinsville, VA 24112-3832 | VA | 1976-07 | $995,634 |
| 13 | Piedmont Child Care Center Inc | PO BOX 244, Upperville, VA 20185-0244 | VA | 1987-02 | $535,364 |
| 14 | Piedmont Community Foundation | PO BOX 402, Middleburg, VA 20118-0402 | VA | 1999-12 | $1,311,976 |
| 15 | Piedmont Community Impact | PO BOX 187, Gladys, VA 24554-0187 | VA | 2015-04 | $452,085 |
| 16 | Piedmont Council Of The Arts | PO BOX 2426, Charlottesvle, VA 22902-2426 | VA | 1980-05 | $175,799 |
| 17 | Piedmont Court Apointed Special Advocates Inc | 818 E High St, Charlottesville, VA 22902-5518 | VA | 1994-08 | $539,456 |
| 18 | Piedmont Credit Union | 366 Piney Forest Rd, Danville, VA 24540-4122 | VA | 1984-03 | $3,415,306 |
| 19 | Piedmont Dispute Resolution Center Inc | PO BOX 809, Warrenton, VA 20188-0809 | VA | 1997-11 | $357,819 |
| 20 | Piedmont Environmental Council | 45 Horner St, Warrenton, VA 20186-3415 | VA | 1973-05 | $9,514,492 |
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