Goodnow Flow Association FY2023 filing

Not tax-deductible

Glens Falls, NY501(c)(7)Recreation & SportsEIN 14-6032434Revenue $361K in FY2023

On file with the IRSfacebook.com/goodnow-flow-associationPo Box 418, 12801-0418 · Glens Falls, NYTax-exempt since Mar 1965

This page gets seen. Tell your story. Claim this org.

Goodnow Flow Association maintains the Goodnow Flow, located in newcomb, NY. The property is leased for various recreational uses including hunting, fishing, boating, hiking, and snowmobiling for the over 200 members that IT serves.

75¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $45K a year · 13% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$948K
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$361K
+19% vs prior year
Spent
$327K
To programs
75%
Net assets
$1.0M
By yearFY2021–FY2025
Revenue
$361K
FY2023▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2021$319K
FY2022$304K
FY2023$361K
FY2024$316K
FY2025$380K
Expenses
$327K
FY2023▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2021$310K
FY2022$281K
FY2023$327K
FY2024$277K
FY2025$260K
Net assets
$1.0M
FY2023▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2021$982K
FY2022$1.0M
FY2023$1.0M
FY2024$1.1M
FY2025$1.2M

From the FY2023 Form 990 (year ending September 2023) · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1965.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $244K Management & general 25% · $83K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Goodnow Flow Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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 recreational access to the Goodnow Flow for members' hunting, fishing, and boating.

Questions for Goodnow Flow Association

Tap to ask. Goodnow Flow Association sees how many people are interested.

Your first name shows with your question. Goodnow Flow Association answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $244K · in their own filed words · FY2022
01

Land leasing and development for recreational uses such as hunting, fishing, boating, hiking, snowmobiling and more. Serves approximately 240 members.

$244Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$361K
Ln 12
Gifts and grantsLn 1h$361K
Investment incomeLn 3$159
Money outPt IX
$327K
Ln 25
Programscol B$244K
Managementcol C$83K
Owns and owesPt X
$1.0M
net assets · Ln 32
Cash and savingsLn 1–2$216K
Total assetsLn 16$2.0M
LiabilitiesLn 26$948K
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$361K
Investment incomeLn 3$159
Total revenueLn 12$361K
Assets in detailPt X, end of year
CashLn 1$94K
SavingsLn 2$122K
Cash and savings togetherLn 1–2$216K
Land, buildings, equipmentLn 10c$1.8M
Total assetsLn 16$2.0M
LiabilitiesLn 26$948K
Net assetsLn 32$1.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$265K$216K
Land, buildings, equipmentLn 10c$1.9M$1.8M
Total assetsLn 16$2.2M$2.0M
LiabilitiesLn 26$1.1M$948K
Net assetsLn 32$1.0M$1.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$32K$32K
Accounting feesLn 11c$650$650
Office expensesLn 13$4K$4K
InterestLn 20$40K$40K
Depreciation, depletion and amortizationLn 22$112K$112K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$134K$131K$4K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$327K$244K$83K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $380K$260K$120K$1.2M 990 PDF
FY2024 $316K$277K$39K$1.1M 990 PDF
FY2023 Viewing $361K$327K$34K$1.0M 990 PDF
FY2022 $304K$281K$24K$1.0M 990 PDF
FY2021 $319K$310K$9K$982K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $361,431 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $304,279$361,272
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $28$159
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $304,307$361,431
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $280,562$327,010
I-18 Total expensesPrior year $280,562$327,010
I-19 Revenue less expensesPrior year $23,745$34,421
Part VI · Governance 13 of 13 board members independent, 3 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $361,431 across 4 lines filed
VIII-1b Membership dues$361,272
VIII-1h Total contributions, gifts and grants$361,272
VIII-3 Investment incomeUnrelated business $159$159
VIII-12 Total revenueRelated to mission $0 · Unrelated business $159 · Excluded from tax $0$361,431
Part IX · Statement of functional expenses $327,010 across 8 lines filed
IX-11b Legal feesManagement $32,160$32,160
IX-11c Accounting feesManagement $650$650
IX-13 Office expensesManagement $4,362$4,362
IX-20 InterestManagement $39,625$39,625
IX-22 Depreciation, depletion and amortizationPrograms $112,060$112,060
IX-23 InsuranceManagement $2,600$2,600
IX-24 Other expenses (24a–d)Programs $130,777 · Management $3,566$134,343
IX-24e All other expensesPrograms $1,210$1,210
IX-25 Total functional expensesPrograms $244,047 · Management $82,963 · Fundraising $0$327,010
Part X · Balance sheet $1,988,246 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $103,357$93,888
X-2 Savings and temporary cash investmentsStart of year $161,992$122,151
X-10c Land, buildings and equipment, netStart of year $1,884,267$1,772,207
X-16 Total assetsStart of year $2,152,080$1,988,246
X-25 Other liabilitiesStart of year $3,425$3,215
X-26 Total liabilitiesStart of year $1,146,109$947,854
X-27 Net assets without donor restrictionsStart of year $1,005,971$1,040,392
X-32 Total net assets or fund balancesStart of year $1,005,971$1,040,392
X-33 Total liabilities and net assetsStart of year $2,152,080$1,988,246
Part XI · Reconciliation of net assets $1,040,392 net assets at year end
XI-1 Total revenue$361,431
XI-2 Total expenses$327,010
XI-3 Revenue less expenses$34,421
XI-4 Net assets at start of year$1,005,971
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,040,392

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.