Summersville Little Bears Inc in Canvas, West Virginia (WV)

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Summersville Little Bears Inc
Employer Identification Number (EIN)550774360
Name of OrganizationSummersville Little Bears Inc
In Care of NameAnderson Accounting Ac
AddressPO BOX 374, Canvas, WV 26662-0374
SubsectionCharitable Organization
Ruling Date06/2014
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$4,848
Amount of Income$38,628
Form 990 Revenue Amount$27,460
National Taxonomy of Exempt Entities (NTEE)Unknown: Unknown

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Financial snapshot for 2013 ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$27,460
Contributions, gifts, grants, and similar amounts received$14,977
Program service revenue including government fees and contracts$0
Membership dues and assessments$3,680
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$6,145
Gross income from gaming$0
Gross income from fundraising events$12,243
Less: direct expenses from gaming and fundraising events$6,098
Gross profit/loss from sales of inventory$2,658
Gross sales of inventory, less returns and allowances$7,728
Less: cost of goods sold$5,070
Other revenue$0
Total expenses$24,604
Total net assets$4,848
Excess/Deficit for the year$2,856
Net assets or fund balances at beginning of year$1,992
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$4,848
Balance Sheets
Total assets$4,848
Total liabilities$0
Net assets or fund balances$4,848
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?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
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$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
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
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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