Three Lakes Information Bereau in Three Lakes, Wisconsin (WI)

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Three Lakes Information Bereau
Employer Identification Number (EIN)391609342
Name of OrganizationThree Lakes Information Bereau
AddressPO BOX 268, Three Lakes, WI 54562-0268
SubsectionBoard of Trade
Ruling Date01/1990
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$37,527
Amount of Income$190,960
Form 990 Revenue Amount$125,467


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2010201120122013
Total revenue$111,419$93,368$133,625$125,467
Contributions, gifts, grants, and similar amounts received$70,265$57,926$73,962$67,273
Program service revenue including government fees and contracts$0$0$0$0
Membership dues and assessments$25,354$22,701$23,564$21,749
Investment income$0$0$23$0
Gain/Loss from sale of assets other than inventory$0$0$0$0
Net income/loss from gaming and fundraising events$-1,648$2,992$26,021$22,911
Gross income from gaming$0$0$0$0
Gross income from fundraising events$12,358$17,783$63,065$88,184
Less: direct expenses from gaming and fundraising events$14,006$14,791$37,044$65,273
Gross profit/loss from sales of inventory$5,985$774$430$49
Gross sales of inventory, less returns and allowances$7,431$2,270$791$269
Less: cost of goods sold$1,446$1,496$361$220
Other revenue$11,463$8,975$9,625$13,485
Total expenses$100,332$99,390$130,840$129,041
Total net assets$42,588$36,566$39,351$35,777
Excess/Deficit for the year$11,087$-6,022$2,785$-3,574
Net assets or fund balances at beginning of year$31,501$42,588$36,566$39,351
Other changes in net assets or fund balances$0$0$0$0
Net assets or fund balances at end of year$42,588$36,566$39,351$35,777
Balance Sheets
2010201120122013
Total assets$43,814$37,868$40,682$37,527
Total liabilities$1,226$1,302$1,331$1,750
Net assets or fund balances$42,588$36,566$39,351$35,777
Other Information
2010201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNoNo
Amount of political expenditures, direct or indirect$0$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNoNo
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?NoNoNoNo
Total amount involved$0$0$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$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?NoNoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNoNo
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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