Eastern Division-Tca FY2020 filing

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Advancement of toy train collecting. Normally two(train collectors)meets are held each year for organization's members. Only one meet was held in 2021 due to covid 19 pandemic's restrictions on indoor gatherings. Attendence was approximately 9,000 members and guests.

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
$3K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2020 · 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 $19K a year · 6% 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
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
80 mo
of spending, in cash
Looks good: 80.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 9 voting members
Looks good: 7 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$118K
Spent
$63K
To programs
0%
Net assets
$430K
By yearFY2020–FY2024
Revenue
$118K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$118K
FY2021$126K
FY2022$455K
FY2023$506K
FY2024$494K
Expenses
$63K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$63K
FY2021$198K
FY2022$443K
FY2023$395K
FY2024$504K
Net assets
$430K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$430K
FY2021$358K
FY2022$369K
FY2023$480K
FY2024$471K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 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 1994.

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

Who runs it and what they're paid

9 people listed on the 990; $3K paid to officers and key staff.

Part VII, Section A · reportable compensation
Treasurer
$2,700Pt VII · Sec A
$375Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Frank Nichols$4,000$3,000$3,000$2,700$2,700
Russel Youens$3,500$2,500———
David Goodhart——$1,500$750$375

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Promotes toy train collecting through annual member gatherings.

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1 program · $63K · in their own filed words · FY2020
01

Normally two(train meets)are held for its members each year. Due to the covid 19 pandemic, no meets could be held in 2020. The revenue received in the first quarter of 2020 prior to the date of the cancelled meet was applied to the 2021 year.

$63Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$118K
Ln 12
Fees for servicesLn 2g$115K
Investment incomeLn 3$3K
Money outPt IX
$63K
Ln 25
Owns and owesPt X
$430K
net assets · Ln 32
Cash and savingsLn 1–2$419K
Total assetsLn 16$430K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$115K
Investment incomeLn 3$3K
Total revenueLn 12$118K
Assets in detailPt X, end of year
CashLn 1$69K
SavingsLn 2$350K
Cash and savings togetherLn 1–2$419K
Total assetsLn 16$430K
LiabilitiesLn 26$0
Net assetsLn 32$430K
OperationsPt I, VI
EmployeesI 52
VolunteersI 640
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 FY20End FY20
Cash and savingsLn 1–2$364K$419K
Total assetsLn 16$374K$430K
LiabilitiesLn 26$200$0
Net assetsLn 32$374K$430K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$3K
Payroll taxesLn 10$284
Accounting feesLn 11c$3K
Other fees for servicesLn 11g$2K
Advertising and promotionLn 12$2K
Office expensesLn 13$608
Information technologyLn 14$4K
Conferences, conventions and meetingsLn 19$44K
Other expenses (24a–d)Ln 24$4K
Total functional expensesLn 25$63K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $494K$504K−$9K$471K 990 PDF
FY2023 $506K$395K$111K$480K 990 PDF
FY2022 $455K$443K$11K$369K 990 PDF
FY2021 $126K$198K−$71K$358K 990 PDF
FY2020 Viewing $118K$63K$55K$430K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $118,081 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $514,268$115,142
I-10 Investment incomePrior year $3,534$2,939
I-11 Other revenuePrior year −$3,497$0
I-12 Total revenuePrior year $514,305$118,081
I-13 Grants and similar amounts paidPrior year $5,000$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $5,026$3,359
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $435,048$59,289
I-18 Total expensesPrior year $445,074$62,648
I-19 Revenue less expensesPrior year $69,231$55,433
Part VI · Governance 7 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members7
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 $118,081 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $115,142$115,142
VIII-3 Investment incomeUnrelated business $2,939$2,939
VIII-12 Total revenueRelated to mission $115,142 · Unrelated business $2,939$118,081
Part IX · Statement of functional expenses $62,648 across 9 lines filed
IX-5 Pay of current officers, directors and key staff$3,075
IX-10 Payroll taxes$284
IX-11c Accounting fees$2,725
IX-11g Other fees for services$1,800
IX-12 Advertising and promotion$1,883
IX-13 Office expenses$608
IX-14 Information technology$4,239
IX-19 Conferences, conventions and meetings$43,617
IX-24 Other expenses (24a–d)$4,417
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$62,648
Part X · Balance sheet $429,500 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $61,163$69,121
X-2 Savings and temporary cash investmentsStart of year $302,764$350,039
X-8 Inventories for sale or useStart of year $10,340$10,340
X-16 Total assetsStart of year $374,267$429,500
X-26 Total liabilitiesStart of year $200$0
X-32 Total net assets or fund balancesStart of year $374,067$429,500
X-33 Total liabilities and net assetsStart of year $374,267$429,500
Part XI · Reconciliation of net assets $429,500 net assets at year end
XI-1 Total revenue$118,081
XI-2 Total expenses$62,648
XI-3 Revenue less expenses$55,433
XI-4 Net assets at start of year$374,067
XI-10 Net assets at end of year$429,500

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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