Alabama Gymnastics Education Foundation in Birmingham, Alabama (AL)

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Alabama Gymnastics Education Foundation
Employer Identification Number (EIN)631049876
Name of OrganizationAlabama Gymnastics Education Foundation
In Care of NameLynn Webb
AddressPO BOX 43267, Birmingham, AL 35243-0267
ActivitiesOther sports or athletic activities, Other youth organization or activities
SubsectionCivic League
Ruling Date03/1992
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$131,543
Amount of Income$244,278
Form 990 Revenue Amount$213,491


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Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$213,491
Contributions, Gifts, Grants and Other Similar Amounts$80,974
Program Service Revenue$99,096
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$103
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$31,001
Gross income from fundraising events$61,788
Less: direct expenses$30,787
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$2,317
Statement of Functional Expenses (for 2012)
Total functional expenses$119,324
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$119,324
Balance Sheet (for 2012)
Total assets$131,543
Total liabilities$44,400
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$44,400
Total net assets or fund balances$87,143
Retained earnings, endowment, accumulated income, or other funds$87,143
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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