Potomac Swimming And Recreation Association Inc Potomac in Washington, District of Columbia (DC)

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Potomac Swimming And Recreation Association Inc Potomac
Employer Identification Number (EIN)520781544
Name of OrganizationPotomac Swimming And Recreation Association Inc Potomac
In Care of NameQl&a
AddressC/O Qla 1625 K Street Nw No 410, Washington, DC 20006
ActivitiesOther recreational activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date04/1964
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,251,047
Amount of Income$238,919
Form 990 Revenue Amount$238,919


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Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
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 2011)
Total revenue$238,919
Contributions, Gifts, Grants and Other Similar Amounts$209,383
Program Service Revenue$29,485
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$51
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$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$268,523
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$268,523
Balance Sheet (for 2011)
Total assets$2,251,047
Total liabilities$1,650,627
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$1,650,627
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$600,420
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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