Lake Thunderbird Educational Foundation in Norman, Oklahoma (OK)

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Lake Thunderbird Educational Foundation
Employer Identification Number (EIN)731522799
Name of OrganizationLake Thunderbird Educational Foundation
In Care of NameWalter E Hedrick
AddressPO BOX 1756, Norman, OK 73070-1756
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Community center
SubsectionEducational Organization
Ruling Date04/1998
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$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$206,847
Amount of Income$16,263
Form 990 Revenue Amount$16,263
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Swimming, Water Recreation


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Amount of income in 2012: $16,263 (it was $23,110 in 2011)
Lake Thunderbird Educational Foundation: 

 $16,263
Other organizations performing similar types of work: 

 $79,842

Assets in 2012: $206,847 (it was $206,537 in 2011)
Lake Thunderbird Educational Foundation: 

 $206,847
Other organizations performing similar types of work: 

 $33,049

Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$23,110
Contributions, gifts, grants, and similar amounts received$20,101
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$10
Gain from sale of assets other than inventory$2,999
Gross amount from sale of assets other than inventory$4,699
Less: cost or other basis and sales expenses$1,700
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$16,109
Total net assets$206,537
Excess for the year$7,001
Net assets or fund balances at beginning of year$199,536
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$206,537
Total liabilities$0
Net assets or fund balances$206,537
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$68,396
Gifts, grants, contributions, and membership fees received$67,772
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$624
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Whitefish Community Aquatics And Health Center1250 Baker Ave, Whitefish, MT 59937-2955MT1995-03$2,405,594
2Lincoln Way Swim AssociationPO BOX 471, Mokena, IL 60448-0471IL2003-05$399,000
3Typhoon Aquatics Inc6523 Fairbrook Ct, Gloucester, VA 23061VA2002-01$356,795
4Norwalk Aquatic Club255 Fillow St, Norwalk, CT 06850-2720CT2006-11$288,854
5Skiff Sailing Foundation933 Polk St, Albany, CA 94706-1562CA2002-05$122,409
6Drummond Hill Pool IncPO BOX 15011, Newark, DE 19711-0011DE2002-11$92,555
7Michigan City Yacht Club Foundation Inc12 On The Lk, Michigan City, IN 46360-3272IN2003-06$45,520
8Red Bank Pool Advisory Committee Inc4509 Crestview Dr, Chattanooga, TN 37415TN2004-08$32,408
9Hollywood Silver Dolphins Inc1221 N Spaulding Ave, Los Angeles, CA 90046-5459CA2003-08$31,139
10Northwest Swim Circuit, Balcones Country Club Swim Team10104 Glencarrie Lane, Austin, TX 78750TX1997-06$26,395
11Pine Mountain Lake Assoc19228 Pine Mt Dr, Groveland, CA 95321CA2008-09$8,977,654
12C C Pools IncPO BOX 540, Concord, MA 01742-0540MA2000-10$1,859,034
13Lexington Dolphins IncPO BOX 23231, Lexington, KY 40523-3231KY2001-12$1,430,769
14Poseidon Swimming FoundationPO BOX 73505, N Chesterfld, VA 23235-8042VA2002-09$1,236,059
15Long Island Swimming, Liac750 Stewart Ave Unit F, Garden City, NY 11530-4741NY2003-12$1,059,542
16Chino Hills Area Water PoloPO BOX 310584, Fontana, CA 92331-0584CA2002-01$754,518
17Louisville Seahawks IncPO BOX 5202, Louisville, KY 40255-0202KY2012-03$724,866
18Extreme Aquatice Team IncPO BOX 1386, Edmond, OK 73083-1386OK2000-02$224,706
19Lighthouse Charities Inc, Ocbc Lighthouse Charity RegattaPO BOX 20245, Oklahoma City, OK 73156-0245OK2001-10$44,478
20Lake Thunderbird Educational FoundationPO BOX 1756, Norman, OK 73070-1756OK1998-04$16,263
Number of organizations performing similar types of work
Alaska25
Alabama16
Arkansas10
Arizona38
California346
Colorado52
Connecticut34
District of Columbia5
Delaware9
Florida142
Georgia33
Hawaii48
Iowa19
Idaho13
Illinois55
Indiana64
Kansas12
Kentucky30
Louisiana10
Massachusetts56
Maryland60
Maine14
Michigan72
Minnesota36
Missouri29
Mississippi6
Montana10
North Carolina55
North Dakota3
Nebraska9
New Hampshire20
New Jersey45
New Mexico13
Nevada16
New York123
Ohio62
Oklahoma6
Oregon46
Pennsylvania77
Rhode Island6
South Carolina15
South Dakota11
Tennessee30
Texas183
Utah22
Virginia81
Vermont7
Washington64
Wisconsin62
West Virginia7
Wyoming10
International7
Total2,224

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