Life And Discovery Inc, Asian American Center Of Frederick in Frederick, Maryland (MD)

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Life And Discovery Inc, Asian American Center Of Frederick
Employer Identification Number (EIN)861140556
Name of OrganizationLife And Discovery Inc
Secondary NameAsian American Center Of Frederick
In Care of NameElizabeth Chung
Address629 N Market St, Frederick, MD 21701-5244
SubsectionCharitable Organization
Ruling Date03/2006
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$141,345
Amount of Income$263,200
Form 990 Revenue Amount$263,200
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Educational Services and Schools - Other


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

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$132,719
Contributions, Gifts, Grants and Other Similar Amounts$12,128
Program Service Revenue$120,529
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$62
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$144,047
Compensation of current officers, directors, trustees, and key employees$2,991
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$141,056
Balance Sheet (for 2011)
Total assets$111,496
Total liabilities$2,777
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$2,777
Total net assets or fund balances$108,719
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: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$780,976
Gifts, grants, contributions, and membership fees received$780,672
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$304
Gross receipts from related activities, etc.$0
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