South Sound Swim Team, South Sound Titans in Bonney Lake, Washington (WA)

South Sound Swim Team, South Sound Titans
Employer Identification Number (EIN)	911328152
Name of Organization	South Sound Swim Team
Secondary Name	South Sound Titans
Address	20825 Sr 410 E 464, Bonney Lake, WA 98391-6301
Activities	Training in sports
Subsection	Charitable Organization
Ruling Date	06/1986
Deductibility	Contributions are deductible
Foundation	Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	08/2011
Assets	$10,000 to $24,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$11,184
Amount of Income	$167,902
Form 990 Revenue Amount	$167,902

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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue	$167,902
Contributions, gifts, grants, and similar amounts received	$3,450
Program service revenue including government fees and contracts	$57,940
Membership dues and assessments	$104,346
Investment income	$0
Gain from sale of assets other than inventory	$0
Net income from gaming and fundraising events	$2,166
Gross income from gaming	$0
Gross income from fundraising events	$2,166
Less: direct expenses from gaming and fundraising events	$0
Gross profit from sales of inventory	$0
Other revenue	$0
Total expenses	$157,260
Total net assets	$8,516
Excess for the year	$10,642
Net assets or fund balances at beginning of year	$-2,126
Other changes in net assets or fund balances	$0

Balance Sheets (for 2011)
Total assets	$11,184
Total liabilities	$2,668
Net assets or fund balances	$8,516

Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No
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:	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

Reason for Public Charity Status (for 2011)

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

	2007 - 2011 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
Total support	$796,809
Gifts, grants, contributions, and membership fees received	$679,740
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	$117,069
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975	$0

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