Huntington Sports Committee Inc in Huntington, West Virginia (WV)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Organizations performing similar types of work
| Huntington Sports Committee Inc | |
| Employer Identification Number (EIN) | 550717899 |
| Name of Organization | Huntington Sports Committee Inc |
| Address | 2001 3rd Ave, Huntington, WV 25703-1198 |
| Activities | Fundraising athletic or sports event |
| Subsection | Charitable Organization |
| Ruling Date | 07/1993 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 06/2013 |
| Assets | $10,000 to $24,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $18,961 |
| Amount of Income | $12 |
| Form 990 Revenue Amount | $62 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: |
Non-representatives - add comments:
Amount of income in 2013: $12 (it was $62 in 2012)
| This organization: | $12 |
| Other organizations performing similar types of work: | $56,602 |
Assets in 2013: $18,961 (it was $62,655 in 2012)
| This organization: | $18,961 |
| Other organizations performing similar types of work: | $155,395 |
Expenses in 2012: $9,446
| Huntington Sports Committee Inc: | $9,446 |
| Other organizations performing similar types of work: | $43,245 |
Income to expenses ratio in 2012: 0.0
| This organization: | 0.0 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2012: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 34.0% |
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $62 | $62 | $62 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $62 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $9,446 | $1,946 | $0 | $7,500 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,946 | $1,946 | $0 | |
| Contributions, gifts, grants paid | $7,500 | |||
| Excess of revenue over expenses and disbursements | $-9,384 | |||
| Net investment income | $0 | |||
| Adjusted net income | $62 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $62,655 | $62,655 |
| Cash - non-interest-bearing | $14,146 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $48,509 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $62,655 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $65,017 |
| Net value of noncharitable-use assets | $64,040 |
| Minimum investment return | $3,202 |
| Distributable Amount (for 2012) | |
| Distributable amount | $3,202 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $3,202 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Iditarod Trail Committee Inc | PO BOX 870800, Wasilla, AK 99687-0800 | AK | 1976-06 | $4,319,435 |
| 2 | Disabled Sports Usa, Three Trackers Of Ohio | 6909 Engle Road Ste 19, Middleburg Heights, OH 44130 | OH | 1976-10 | $3,545,831 |
| 3 | Arctic Winter Games Corporation Of Alaska | 12110 Business Blvd Ste 6 Pmb 333, Eagle River, AK 99577-7798 | AK | 1981-10 | $499,608 |
| 4 | Western States Trail Foundation | 150a Gum Lane, Auburn, CA 95603 | CA | 1991-01 | $323,190 |
| 5 | Texas Golden Gloves Athletic Assn | 1040 N Henderson St, Fort Worth, TX 76107-1424 | TX | 1977-04 | $153,502 |
| 6 | Usa Track & Field Inc, Sports Virginia Inc | 1541 Westshire Ln, Richmond, VA 23238-3039 | VA | 1983-10 | $105,544 |
| 7 | National Marbles Tournament Inc | 811 Roethe Ave, Cumberland, MD 21502-1124 | MD | 1984-04 | $56,602 |
| 8 | Lake Michigan Sail Racing Federation Inc | 5944 N Elm Ln, Peoria, IL 61614-3517 | IL | 1981-10 | $51,567 |
| 9 | Wausau Kayak & Canoe Corporation | 1803 Stewart Ave, Wausau, WI 54401-5374 | WI | 1990-09 | $49,567 |
| 10 | Disabled Sports Usa, Access2 Adventure | 15 Jacqueline Way, Tiverton, RI 02878-2782 | RI | 1976-10 | $45,750 |
| 11 | Rangerettes Junior Girls Drill Team Inc | 10165 Glen Eagle Ln, Twinsburg, OH 44087-2623 | OH | 1984-05 | $28,356 |
| 12 | River Bluff Auxiliary | 4401 N Main St, Rockford, IL 61103-1277 | IL | 1963-03 | $11,050 |
| 13 | Greater Kansas City Golden Gloves Association Inc | 5800 E 10th St, Kansas City, MO 64126-2002 | MO | 1968-03 | $5,024 |
| 14 | Huntington Sports Committee Inc | 2001 3rd Ave, Huntington, WV 25703-1198 | WV | 1993-07 | $12 |
| 15 | Figure Skating Championships Of Madison Inc | 2722 Van Hise Avenue, Madison, WI 53705 | WI | 1989-02 | $0 |
| 16 | Long Beach Marathon | 345 Avenida Granada, Long Beach, CA 90814-3232 | CA | 1982-12 | $0 |
| 17 | Marathon Charities Inc | 3100 Skokie Valley Rd, Highland Park, IL 60035-1080 | IL | 1984-07 | $0 |
| 18 | Michigan Cerebral Palsy - Les Autres Sports Association Inc | 5860 Andersonville Rd, Waterford, MI 48329-1510 | MI | 1989-07 | $0 |
| 19 | Minnesota Border To Border Triathlon Inc | 2085 Cardinal Dr, Shakopee, MN 55379 | MN | 1989-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||
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| Total | 19 | ||||||||||||||||||||||||||


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