Alto Velo Racing Club in Fremont, California (CA)

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Alto Velo Racing Club
Employer Identification Number (EIN)770377142
Name of OrganizationAlto Velo Racing Club
Address5351 Diana Cmn, Fremont, CA 94555-2964
ActivitiesOther sports club
SubsectionCivic League
Ruling Date08/1995
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$47,249
Amount of Income$53,586
Form 990 Revenue Amount$43,924


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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$44,813
Contributions, gifts, grants, and similar amounts received$21,500
Program service revenue including government fees and contracts$22,933
Membership dues and assessments$15,675
Investment income$31
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross loss from sales of inventory$-16,747
Gross sales of inventory, less returns and allowances$1,666
Less: cost of goods sold$18,413
Other revenue$1,421
Total expenses$76,522
Total net assets$59,681
Deficit for the year$-31,708
Net assets or fund balances at beginning of year$91,389
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$59,681
Total liabilities$0
Net assets or fund balances$59,681
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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