L L Y A Inc, Lake Lucina Youth Association Inc in Jacksonville, Florida (FL)

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L L Y A Inc, Lake Lucina Youth Association Inc
Employer Identification Number (EIN)592941733
Name of OrganizationL L Y A Inc
Secondary NameLake Lucina Youth Association Inc
AddressPO BOX 15096, Jacksonville, FL 32239-5096
ActivitiesDescribed in section 509(a)(2) of the Code, Boys Club, Little League, etc.
SubsectionCharitable Organization
Ruling Date08/1995
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$41,740
Amount of Income$28,137
Form 990 Revenue Amount$4,681
National Taxonomy of Exempt Entities (NTEE)Youth Development: Youth Centers, Clubs, Multipurpose

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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$4,681
Contributions, gifts, grants, and similar amounts received$1,500
Program service revenue including government fees and contracts$0
Membership dues and assessments$16,209
Investment income$4
Gain from sale of assets other than inventory$0
Net loss from gaming and fundraising events$-14,103
Gross income from gaming$0
Gross income from fundraising events$1,584
Less: direct expenses from gaming and fundraising events$15,687
Gross profit from sales of inventory$1,071
Gross sales of inventory, less returns and allowances$8,840
Less: cost of goods sold$7,769
Other revenue$0
Total expenses$12,410
Total net assets$41,740
Deficit for the year$-7,729
Net assets or fund balances at beginning of year$49,469
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$41,740
Total liabilities$0
Net assets or fund balances$41,740
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:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$103,177
Gifts, grants, contributions, and membership fees received$103,095
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$82
Gross receipts from related activities, etc.$92,165
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