Larkspur Swim And Racquet Club Ltd in Virginia Beach, Virginia (VA)

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Larkspur Swim And Racquet Club Ltd
Employer Identification Number (EIN)237419860
Name of OrganizationLarkspur Swim And Racquet Club Ltd
Address4427 Leatherwood Dr, Virginia Beach, VA 23462
ActivitiesSwimming or tennis club
SubsectionPleasure, Recreational, or Social Club
Ruling Date11/1974
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period09/2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$49,373
Amount of Income$64,331
Form 990 Revenue Amount$62,817

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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$66,920
Contributions, gifts, grants, and similar amounts received$4,365
Program service revenue including government fees and contracts$10,218
Membership dues and assessments$52,247
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$90
Gross sales of inventory, less returns and allowances$1,600
Less: cost of goods sold$1,410
Other revenue$0
Total expenses$63,712
Total net assets$10,241
Excess for the year$3,208
Net assets or fund balances at beginning of year$7,033
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$10,241
Total liabilities$0
Net assets or fund balances$10,241
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$2,500
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:Not provided
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