Atlantic Coast Line & Seaboard Air Line Railroads Hist Society Inc in Leesburg, Florida (FL)

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Atlantic Coast Line & Seaboard Air Line Railroads Hist Society Inc
Employer Identification Number (EIN)521843193
Name of OrganizationAtlantic Coast Line & Seaboard Air Line Railroads Hist Society Inc
AddressPO BOX 490563, Leesburg, FL 34749-0563
ActivitiesOther cultural or historical activities
SubsectionCharitable Organization
Ruling Date06/1994
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 Period12/2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$35,968
Amount of Income$69,944
Form 990 Revenue Amount$69,944

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Financial snapshot ($)

Revenue for 2010

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2010)
Total revenue$31,734
Contributions, gifts, grants, and similar amounts received$3,291
Program service revenue including government fees and contracts$0
Membership dues and assessments$19,554
Investment income$0
Gain from sale of assets other than inventory$200
Gross amount from sale of assets other than inventory$200
Less: cost or other basis and sales expenses$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$4,013
Gross sales of inventory, less returns and allowances$37,108
Less: cost of goods sold$33,095
Other revenue$4,676
Total expenses$37,516
Total net assets$44,033
Deficit for the year$-5,782
Net assets or fund balances at beginning of year$49,815
Other changes in net assets or fund balances$0
Balance Sheets (for 2010)
Total assets$49,034
Total liabilities$5,001
Net assets or fund balances$44,033
Other Information (for 2010)
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 2010)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010)
2006 - 2010 Total
Total support$363,270
Gifts, grants, contributions, and membership fees received$132,693
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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