Point Pleasant High School Band Boosters Club in Pt Pleasant, West Virginia (WV)

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Point Pleasant High School Band Boosters Club
Employer Identification Number (EIN)556024120
Name of OrganizationPoint Pleasant High School Band Boosters Club
Address280 Scenic Dr, Pt Pleasant, WV 25550-9295
ActivitiesOther school related activities, Parent or parent teachers association, Other youth organization or activities
SubsectionEducational Organization
Ruling Date03/1959
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 Period06/2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$38,264
Amount of Income$65,395
Form 990 Revenue Amount$26,886


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$26,886
Contributions, gifts, grants, and similar amounts received$3,665
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$187
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$3,148
Gross income from gaming$0
Gross income from fundraising events$29,651
Less: direct expenses from gaming and fundraising events$26,503
Gross profit from sales of inventory$15,402
Gross sales of inventory, less returns and allowances$27,408
Less: cost of goods sold$12,006
Other revenue$4,484
Total expenses$28,812
Total net assets$38,264
Deficit for the year$-1,926
Net assets or fund balances at beginning of year$40,190
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$38,264
Total liabilities$0
Net assets or fund balances$38,264
Other Information (for 2012)
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 2012)
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 2012)
2008 - 2012 Total
Total support$267,441
Gifts, grants, contributions, and membership fees received$24,899
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$229,546
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$1,775
Other$11,221
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