Mbs Jets in Bay City, Michigan (MI)

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Mbs Jets
Employer Identification Number (EIN)134344986
Name of OrganizationMbs Jets
In Care of NamePat Greene
Address6105 3 Mile Rd, Bay City, MI 48706-9043
SubsectionCharitable Organization
Ruling Date06/2009
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
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2012
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$16,246
Amount of Income$66,214
Form 990 Revenue Amount$53,793
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Amateur Sports Competitions


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Amount of income in 2012: $66,214 (it was $41,465 in 2011)
This organization: 

 $66,214
Other organizations performing similar types of work: 

 $72,805

Assets in 2012: $16,246 (it was $17,492 in 2011)
This organization: 

 $16,246
Other organizations performing similar types of work: 

 $29,808

Financial snapshot ($)

Revenue 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$35,713
Contributions, Gifts, Grants and Other Similar Amounts$4,063
Program Service Revenue$19,825
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
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$11,631
Gross income from fundraising events$14,536
Less: direct expenses$2,905
Net income from gaming activities$0
Net income from sales of inventory$194
Gross sales of inventory, less returns and allowances$3,041
Less: cost of goods sold$2,847
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$32,412
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$32,412
Balance Sheet (for 2011)
Total assets$17,492
Total liabilities$0
Total net assets or fund balances$17,492
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: (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 2011)
2007 - 2011 Total
Total support$104,038
Gifts, grants, contributions, and membership fees received$88,467
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$15,571
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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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Corporation For The Promotion Of Rifle Practice And Firearms Safety, Civilian Marksmanship Program1470 Sentinel Dr, Anniston, AL 36207-1037AL2006-05$136,168,589
2United States Bowling Congress Inc, Ne Missouri Usbc Nemo Usbc1400 Wellman, Hannibal, MO 63401MO2004-09$52,176,049
3United States Soccer Federation Foundation Inc1211 Connecticut Ave Nw Ste 500, Washignton, DC 20036-2706DC1995-01$26,205,495
4Louisville Arena Authority IncPO BOX 21179, Louisville, KY 40221-0179KY2007-03$25,363,794
5Amateur Trapshooting AssociationPO BOX 519, Sparta, IL 62286-0519IL2005-09$9,171,902
62010 National Games11061 232nd St, Gretna, NE 68028-4990NE2008-04$3,997,760
7Masters Of Foxhounds Association Of America675 Lime Marl Ln, Berryville, VA 22611-3836VA2000-11$926,525
8United States Bowling Congress Inc, 80718 Ohio State Usbc Ba3570 Falcon Chase St Nw, Uniontown, OH 44685-6606OH2004-09$521,491
9United States Bowling Congress Inc, 81691 Iowa State Usbc Ba5480 Mohawk Ave, Marion, IA 52302-9126IA2004-09$416,020
10United States Water Polo Foundation4 Orinda Way Ste 120-D, Orinda, CA 94563-2544CA1985-06$361,692
11Novi Youth Hockey Association Inc42400 Arena Drive, Novi, MI 48375-4798MI2001-06$955,720
12United States Bowling Congress Inc, 81421 Michigan State Usbc Ba4880 Airline Rd, Muskegon, MI 49444-4504MI2004-09$952,521
13Dearborn Figure Skating Association Inc14900 Ford Rd, Dearborn, MI 48126-3043MI1996-08$892,961
14United States Bowling Congress Inc, Michigan State Usbc WbaPO BOX 217, Grandville, MI 49468-0217MI2004-09$682,284
15Canton Amateur Hockey Association46615 Michigan Ave, Canton, MI 48188-2336MI2002-04$527,250
16United States Bowling Congress Inc, 81496 Gr Grand Rapids Usbc2405 Porter St Sw Ofc A, Wyoming, MI 49519-2182MI2004-09$304,420
17Fraser Figure Skating Club Inc34400 Utica Rd, Fraser, MI 48026-3573MI1986-04$290,303
18Macomb Township Football Club51194 Romeo Plank Rd, Macomb, MI 48042-4111MI2003-11$212,110
19Greater Grand Rapids Figure Skating Club2656 Boston St Se, Grand Rapids, MI 49506-4767MI2000-03$199,606
20Detroit Curling ClubPO BOX 1094, Royal Oak, MI 48068-1094MI1999-12$194,692
Number of organizations performing similar types of work
Alaska48
Alabama63
Arkansas85
Arizona86
California425
Colorado144
Connecticut44
District of Columbia12
Delaware20
Florida213
Georgia103
Hawaii40
Iowa236
Idaho82
Illinois297
Indiana198
Kansas135
Kentucky91
Louisiana64
Massachusetts86
Maryland90
Maine30
Michigan279
Minnesota205
Missouri123
Mississippi37
Montana85
North Carolina124
North Dakota85
Nebraska133
New Hampshire33
New Jersey107
New Mexico52
Nevada30
New York295
Ohio308
Oklahoma69
Oregon110
Pennsylvania240
Rhode Island20
South Carolina52
South Dakota62
Tennessee98
Texas260
Utah46
Virginia126
Vermont29
Washington159
Wisconsin273
West Virginia42
Wyoming71
International19
Total6,164

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