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    <Timestamp>2013-03-15T15:50:42-07:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>THE FULP COMPANY</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>225 SEVEN FARMS DR SUITE 202</AddressLine1>
        <City>CHARLESTON</City>
        <State>SC</State>
        <ZIPCode>29492</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>200714822</EIN>
      <Name>
        <BusinessNameLine1>DANIEL ISLAND BUSINESS ASSOCIATION</BusinessNameLine1>
      </Name>
      <NameControl>DANI</NameControl>
      <Phone>8438493492</Phone>
      <USAddress>
        <AddressLine1>295 SEVEN FARMS DRIVE</AddressLine1>
        <City>CHARLESTON</City>
        <State>SC</State>
        <ZIPCode>29492</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>KIM H FULP</Name>
      <Title>TREASURER</Title>
      <Phone>8438493492</Phone>
      <DateSigned>2013-02-08</DateSigned>
    </Officer>
    <Preparer>
      <Name>KIM H FULP</Name>
      <Phone>8438493492</Phone>
      <DatePrepared>2013-03-15</DatePrepared>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="2">
    <IRS990EZ documentId="00000001" referenceDocumentName="IRS990ScheduleO ReasonableCauseExplanation TransfersPersonalBenefitsContractsDeclaration">
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <ScheduleBNotRequired>X</ScheduleBNotRequired>
      <WebSite>danielislandbusiness.com</WebSite>
      <Organization501c typeOf501cOrganization="6">X</Organization501c>
      <GrossReceipts>27841</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>0</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>18597</ProgramServiceRevenue>
      <MembershipDues>9217</MembershipDues>
      <InvestmentIncome>27</InvestmentIncome>
      <CostOtherBasisAndSalesExpenses>0</CostOtherBasisAndSalesExpenses>
      <GainOrLossFromSaleOfAssets>0</GainOrLossFromSaleOfAssets>
      <GamingGrossIncome>0</GamingGrossIncome>
      <FundraisingGrossIncome>0</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>0</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>0</SpecialEventsNetIncomeLoss>
      <CostOfGoodsSold>0</CostOfGoodsSold>
      <GroProfitLossSalesOfInventory>0</GroProfitLossSalesOfInventory>
      <TotalRevenue>27841</TotalRevenue>
      <FeesAndOthPymtToIndContractors>3517</FeesAndOthPymtToIndContractors>
      <PrintingPublicationsPostage>702</PrintingPublicationsPostage>
      <OtherExpensesTotal>25966</OtherExpensesTotal>
      <TotalExpenses>30185</TotalExpenses>
      <ExcessOrDeficitForYear>-2344</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>28038</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>25694</NetAssetsOrFundBalancesEOY>
      <CashSavingsAndInvestments>
        <BOY>28038</BOY>
        <EOY>25694</EOY>
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      <TotalAssets>
        <BOY>28038</BOY>
        <EOY>25694</EOY>
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      <NetAssetsOrFundBalances>
        <BOY>28038</BOY>
        <EOY>25694</EOY>
      </NetAssetsOrFundBalances>
      <PrimaryExemptPurpose>DIBA is a group of business owners located on Daniel Island that exists to promote business with each other and encourage Daniel Island residents to support these businesses. DIBA supports local events that facilitate this purpose.</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>DIBA supports local events that promote business to business activity and the support of Daniel Island residents. These events include the Daniel Island Telephone Directory, which raises money through the sale of advertisements and business networking functions held at Daniel Island business locations.</DescriptionProgramServiceAccom>
      </ProgramServiceAccomplishment>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>CLYDE HIERS</PersonName>
        <Title>President</Title>
        <AvgHoursPerWkDevotedToPosition>15.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>STILES BEE IV</PersonName>
        <Title>Vice President</Title>
        <AvgHoursPerWkDevotedToPosition>10.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>KIM FULP</PersonName>
        <Title>Treasurer</Title>
        <AvgHoursPerWkDevotedToPosition>15.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>DEBBIE WALL</PersonName>
        <Title>Secretary</Title>
        <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>false</OrganizationHadUBI>
      <SubjectToProxyTax referenceDocumentName="IRS990ScheduleC">false</SubjectToProxyTax>
      <OrganizationDissolvedEtc referenceDocumentName="IRS990ScheduleN BinaryAttachment">false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NamePerson>KIM FULP</NamePerson>
        <AddressUS>
          <AddressLine1>295 SEVEN FARMS DRIVE-C-180</AddressLine1>
          <City>CHARLESTON</City>
          <State>SC</State>
          <ZIPCode>29492</ZIPCode>
        </AddressUS>
        <TelephoneNumber>8438493492</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
    </IRS990EZ>
    <IRS990ScheduleO documentId="00000002" softwareId="12000225">
      <GeneralExplanation>
        <Identifier>990EZ Line 16</Identifier>
        <Explanation>Bank Charges: Monthly Fees</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>990EZ Line 16</Identifier>
        <Explanation>Dues and Subscriptions: Meeting Venue and Dues</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>990EZ Line 16</Identifier>
        <Explanation>Events: Business Networking Functions</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>990EZ Line 16</Identifier>
        <Explanation>Operations: Office Expense, Merchant Fee and Website</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>990EZ Line 16</Identifier>
        <Explanation>Sponsorships: Telephone Directory Expense and Advertising Sponsorships</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 16</Identifier>
        <Explanation>BANK CHARGES 82. DUES AND SUBSCRIPTIONS 4805. EVENTS 998. OPERATIONS 3006. SPONSORSHIPS 17075.</Explanation>
      </GeneralExplanation>
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