American Association Of Cosmetology Schools Inc in Scottsdale, Arizona (AZ)

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American Association Of Cosmetology Schools Inc
Employer Identification Number (EIN)136163824
Name of OrganizationAmerican Association Of Cosmetology Schools Inc
Address9927 E Bell Rd, Scottsdale, AZ 85260-2402
ActivitiesOther services or benefits to members or employees
SubsectionBoard of Trade
Ruling Date07/1962
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period03/2012
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,398,105
Amount of Income$1,850,846
Form 990 Revenue Amount$1,814,656

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Financial snapshot ($)

Revenue for 2012

Functional expenses 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?Yes
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$1,814,656
Contributions, Gifts, Grants and Other Similar Amounts$860,952
Program Service Revenue$781,931
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$10,878
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$29,540
Gross income from fundraising events$65,730
Less: direct expenses$36,190
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$131,355
Statement of Functional Expenses (for 2012)
Total functional expenses$1,767,772
Compensation of current officers, directors, trustees, and key employees$149,184
Other salaries and wages$185,585
Payroll taxes$26,224
Professional fundraising services$0
Balance Sheet (for 2012)
Total assets$1,398,105
Total liabilities$531,858
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$71,155
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$866,247
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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