Gladewater Former Students Association Inc in Gladewater, Texas (TX)

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Gladewater Former Students Association Inc
Employer Identification Number (EIN)752218970
Name of OrganizationGladewater Former Students Association Inc
In Care of NameCATHY SHIPP
AddressPO BOX 1425, Gladewater, TX 75647
ActivitiesAlumni association or group
SubsectionEducational Organization
Ruling Date04/1993
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 Period2014
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$249,601
Amount of Income$88,733
Form 990 Revenue Amount$77,966
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Alumni Associations


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Amount of income in 2014: $88,733 (it was $77,966 in 2013)
Gladewater Former Students Association Inc: 

 $88,733
Other organizations performing similar types of work: 

 $136,067

Assets in 2014: $249,601 (it was $249,601 in 2013)
This organization: 

 $249,601
Other organizations performing similar types of work: 

 $331,683

Expenses in 2013: $94,347
This organization: 

 $94,347
Other organizations performing similar types of work: 

 $109,534

Income to expenses ratio in 2013: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 74.6%
This organization: 

 74.6%
Other organizations performing similar types of work: 

 10.6%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$77,966
Contributions, gifts, grants, and similar amounts received$58,186
Program service revenue including government fees and contracts$9,490
Membership dues and assessments$7,520
Investment income$1,889
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$581
Gross income from gaming$0
Gross income from fundraising events$11,348
Less: direct expenses from gaming and fundraising events$10,767
Gross profit/loss from sales of inventory$0
Other revenue$300
Total expenses$94,347
Total net assets$249,601
Excess/Deficit for the year$-16,381
Net assets or fund balances at beginning of year$265,982
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$249,601
Balance Sheets
2013
Total assets$249,601
Total liabilities$0
Net assets or fund balances$249,601
Other Information
2013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
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
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$234,605
Subtotal$234,605
Gifts, grants, contributions, and membership fees received$171,406
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$63,199
Gross receipts from activities that are not an unrelated trade or business under section 513$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
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$244,036
Public support$234,605
Subtotal$7,786
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$7,786
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$1,645
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1United States Coast Guard Academy Alumni Association Inc47 Mohegan Ave, New London, CT 06320-8111CT1993-05$14,649,251
2General Alumni Assoc, Hill Alumni CenterHill Alumni Cr 106 Stadium Dr, Chapel Hill, NC 27514NC1968-11$8,138,906
3Alumnae Association Of Mount Holyoke College Inc50 College St, South Hadley, MA 01075-1423MA1979-02$2,866,771
4Pft Quest Scholarship Fund10 South Nineteenth Street At The R, Pittsburgh, PA 15203PA1992-03$1,128
5Angelo State University Foundation IncAsu Station 11009, San Angelo, TX 76909-1009TX1978-03$11,885,464
6Leadership Education FoundationPO BOX 9385, College Sta, TX 77842-9385TX1992-11$7,910,998
7Communities In Schools Of Greater Tarrant County Inc6707 Brentwood Stair Rd Ste 510, Ft Worth, TX 76112-3334TX1992-04$4,113,970
8Stephen F Austin State University Alumni AssociationPO BOX 6096 - SFA, Nacogdoches, TX 75962-0001TX1980-08$1,858,752
9Baylor University Alumni Association700 South University Parks Drive St, Waco, TX 76706-1003TX1979-08$956,064
10Lufkin High School Alumni AssociationPO BOX 150837, Lufkin, TX 75915-0837TX1986-09$535,683
11Dallas Texas Exes IncPO BOX 601235, Dallas, TX 75360-1235TX1988-05$530,016
12Alumni Association Of The University Of Texas At El Paso, Development & Alumni OfficeDe Wetter Center 500 W University, El Paso, TX 79968-0724TX1979-10$409,995
13Future Generation Inc 1101927608 Narrow Pass St, Live Oak, TX 78233-3019TX1993-02$363,539
14Longhorn Alumni Band Charitable Fund4101 Parkstone Heights Drive, Austin, TX 78746-7396TX1989-05$121,521
15Harvard Club Of Dallas Inc3817 Yellowstone St, Irving, TX 75062-7245TX1989-04$102,301
16Gladewater Former Students Association IncPO BOX 1425, Gladewater, TX 75647TX1993-04$88,733
17Harvard Business School Club Of Houston7619 Meadowvale Dr, Houston, TX 77063-6209TX1988-08$71,315
18Groveton Ex-Students AssociationPO BOX 70, Groveton, TX 75845-0070TX1978-07$48,335
19Houston Law Review Alumni Association Inc100 Law Ctr Student Org Suite, Houston, TX 77204-0001TX1973-07$38,152
20Paschal Alumni AssociationPO BOX 11876, Fort Worth, TX 76110-0876TX1991-05$35,158
Number of organizations performing similar types of work
Alabama8
Arkansas4
Arizona4
California46
Colorado8
Connecticut7
District of Columbia10
Florida11
Georgia15
Hawaii4
Iowa6
Idaho1
Illinois20
Indiana15
Kansas8
Kentucky7
Louisiana10
Massachusetts22
Maryland17
Maine5
Michigan56
Minnesota4
Missouri16
Mississippi5
Montana3
North Carolina15
North Dakota2
Nebraska6
New Hampshire1
New Jersey26
New Mexico3
New York62
Ohio32
Oklahoma7
Oregon3
Pennsylvania28
Rhode Island3
South Carolina7
South Dakota3
Tennessee10
Texas45
Virginia22
Vermont3
Washington7
Wisconsin6
West Virginia8
Wyoming1
International2
Total614

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