Min Aqua Bats Water Ski Club in Minocqua, Wisconsin (WI)

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Min Aqua Bats Water Ski Club
Employer Identification Number (EIN)391590750
Name of OrganizationMin Aqua Bats Water Ski Club
AddressPO BOX 1319, Minocqua, WI 54548-1319
SubsectionCharitable Organization
Ruling Date08/1989
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$51,744
Amount of Income$52,893
Form 990 Revenue Amount$47,931


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$121,268$81,624$69,636
Contributions, gifts, grants, and similar amounts received$51,483$49,254$33,818
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$4,385$5,690$5,040
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$25,000$0$5,000
Gross amount from sale of assets other than inventory$25,000$0$5,000
Less: cost or other basis and sales expenses$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$14,775$18,505$14,524
Gross sales of inventory, less returns and allowances$19,458$24,465$20,791
Less: cost of goods sold$4,683$5,959$6,266
Other revenue$25,623$8,174$11,253
Total expenses$104,674$84,143$63,323
Total net assets$55,003$52,483$58,796
Excess/Deficit for the year$16,594$-2,519$6,312
Net assets or fund balances at beginning of year$38,409$55,002$52,484
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$52,483$58,796
Balance Sheets
201120122013
Total assets$55,003$52,483$58,796
Total liabilities$0$0$0
Net assets or fund balances$55,003$52,483$58,796
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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