Georgica Association FY2022 filing

Not tax-deductible

East Hampton, NY501(c)(7)Crime & Legal EIN 11-2214851Revenue $896K in FY2022Latest return filed Nov 17, 2025

On file with the IRSEast Hampton, NYTax-exempt since Aug 1980

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Maintain association's physical facilities

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
3¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $71K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
3%
of spending
Concern: 3% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
6 mo
of spending, in cash
Looks good: 6.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$15K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$896K
+11% vs prior year
Spent
$651K
To programs
3%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$896K
FY2022▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$604K
FY2021$805K
FY2022$896K
FY2023$722K
FY2024$738K
Expenses
$651K
FY2022▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$674K
FY2021$664K
FY2022$651K
FY2023$661K
FY2024$763K
Net assets
$1.2M
FY2022▲ +25%
Tap a bar for its year
Net assets by fiscal year
FY2020$834K
FY2021$976K
FY2022$1.2M
FY2023$1.3M
FY2024$1.3M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

3 cents of each dollar spent went to programs.

Program services 3% · $18K Management & general 97% · $633K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Georgica Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Maintains association's physical facilities.

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By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$896K
Ln 12
Gifts and grantsLn 1h$889K
Other incomeLn 4–11$7K
Investment incomeLn 3$204
Money outPt IX
$651K
Ln 25
Programscol B$18K
Managementcol C$633K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$330K
Total assetsLn 16$1.2M
LiabilitiesLn 26$15K
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$889K
Investment incomeLn 3$204
Other incomeLn 4–11$7K
Total revenueLn 12$896K
Assets in detailPt X, end of year
CashLn 1$330K
Cash and savings togetherLn 1–2$330K
Prepaid expenses and deferred chargesLn 9$20K
Land, buildings, equipmentLn 10c$885K
Total assetsLn 16$1.2M
LiabilitiesLn 26$15K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 520
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$230K$330K
Land, buildings, equipmentLn 10c$808K$885K
Total assetsLn 16$1.1M$1.2M
LiabilitiesLn 26$78K$15K
Net assetsLn 32$976K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$320K$320K
Payroll taxesLn 10$35K$35K
Legal feesLn 11b$13K$13K
Accounting feesLn 11c$11K$11K
Office expensesLn 13$5K$5K
Depreciation, depletion and amortizationLn 22$18K$18K
InsuranceLn 23$24K$24K
Other expenses (24a–d)Ln 24$164K$164K
All other expensesLn 24e$61K$61K
Total functional expensesLn 25$651K$18K$633K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 $738K$763K−$25K$1.3M 990 PDF
FY2023Filed with the IRS Dec 12, 2024 $722K$661K$61K$1.3M 990 PDF
FY2022 ViewingFiled with the IRS Nov 9, 2023 $896K$651K$245K$1.2M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $805K$664K$142K$976K 990 PDF
FY2020Filed with the IRS Nov 10, 2021 $604K$674K−$70K$834K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $896,326 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $805,145$888,846
I-9 Program service revenue$0
I-10 Investment incomePrior year $36$204
I-11 Other revenue$7,276
I-12 Total revenuePrior year $805,181$896,326
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $349,731$354,537
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $313,935$296,906
I-18 Total expensesPrior year $663,666$651,443
I-19 Revenue less expensesPrior year $141,515$244,883
Part VI · Governance 12 of 12 board members independent, 4 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $896,326 across 5 lines filed
VIII-1b Membership dues$888,846
VIII-1h Total contributions, gifts and grants$888,846
VIII-3 Investment incomeExcluded from tax $204$204
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $7,276$7,276
VIII-12 Total revenueExcluded from tax $7,480$896,326
Part IX · Statement of functional expenses $651,443 across 9 lines filed
IX-7 Other salaries and wagesManagement $319,504$319,504
IX-10 Payroll taxesManagement $35,033$35,033
IX-11b Legal feesManagement $13,263$13,263
IX-11c Accounting feesManagement $10,555$10,555
IX-13 Office expensesManagement $5,105$5,105
IX-22 Depreciation, depletion and amortizationPrograms $18,066$18,066
IX-23 InsuranceManagement $24,471$24,471
IX-24 Other expenses (24a–d)Management $164,084$164,084
IX-24e All other expensesManagement $61,362$61,362
IX-25 Total functional expensesPrograms $18,066 · Management $633,377 · Fundraising $0$651,443
Part X · Balance sheet $1,235,482 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $230,153$329,830
X-9 Prepaid expenses and deferred chargesStart of year $9,076$20,198
X-10c Land, buildings and equipment, netStart of year $808,087$885,454
X-16 Total assetsStart of year $1,054,102$1,235,482
X-17 Accounts payable and accrued expensesStart of year $71,469$12,162
X-25 Other liabilitiesStart of year $6,662$2,466
X-26 Total liabilitiesStart of year $78,131$14,628
X-31 Retained earnings or endowmentStart of year $975,971$1,220,854
X-32 Total net assets or fund balancesStart of year $975,971$1,220,854
X-33 Total liabilities and net assetsStart of year $1,054,102$1,235,482
Part XI · Reconciliation of net assets $1,220,854 net assets at year end
XI-1 Total revenue$896,326
XI-2 Total expenses$651,443
XI-3 Revenue less expenses$244,883
XI-4 Net assets at start of year$975,971
XI-10 Net assets at end of year$1,220,854

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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