Sky Bryce Association INC

Not tax-deductible

Basye, VA501(c)(4)Since 1974EIN 23-7326439

To maintain roads and to further and promote the community welfare of the property owners at bryce mountain which is located near basye in shenandoah county, virginia.

70¢ of each $1 spent went to programs.
$59K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
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
4 of 5
filings with a surplus
Average surplus $246K a year · 19% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$59K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
27 mo
of spending, in cash
Looks good: 27.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$234K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
-2% vs prior year
Spent
$950K
To programs
70%
Net assets
$2.5M
By yearFY2020–FY2024
Revenue
$1.4M
FY2024▼ -2%
Revenue by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.3M
FY2023$1.3M
FY2024$1.5M
FY2024$1.4M
Expenses
$950K
FY2024▼ -1%
Expenses by fiscal year
FY2020$1.2M
FY2021$927K
FY2022$1.1M
FY2023$1.1M
FY2024$961K
FY2024$950K
Net assets
$2.5M
FY2024▲ +24%
Net assets by fiscal year
FY2020$904K
FY2021$1.2M
FY2022$1.3M
FY2023$1.5M
FY2024$2.0M
FY2024$2.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1974.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $661K Management & general 30% · $289K

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

Who runs it and what they're paid

8 people listed on the 990; $59K paid to officers and key staff.

Part VII, Section A · reportable compensation
Office Manager
$59,129Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Bonnie L Henry————$62,897$59,172
Laura McDaniel$59,129$48,538$48,538$41,021$40,028—

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

Maintains roads and promotes community for property owners.

Provided by the organization

This section is blank until Sky Bryce Association INC claims this page.

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2 program services account for $661K of program spending, described in the organization's own filed words · FY2024.
01

Road services. Revenues from assessments are not allocated to separate activities.

$375Kprogram expense
02

Patrol services. Revenues from assessments are not allocated to separate activities.

$286Kprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$54K
Other incomeLn 4–11$45K
Money outPt IX
$950K
Ln 25
Programscol B$661K
Managementcol C$289K
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$2.7M
LiabilitiesLn 26$234K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$54K
Other incomeLn 4–11$45K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$45K
SavingsLn 2$2.1M
Cash and savings togetherLn 1–2$2.2M
Land, buildings, equipmentLn 10c$345K
Total assetsLn 16$2.7M
LiabilitiesLn 26$234K
Net assetsLn 32$2.5M
OperationsPt I, VI
EmployeesI 516
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.7M$2.2M
Land, buildings, equipmentLn 10c$401K$345K
Total assetsLn 16$2.3M$2.7M
LiabilitiesLn 26$260K$234K
Net assetsLn 32$2.0M$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$59K$59K
Other salaries and wagesLn 7$429K$360K$69K
Pension plan contributionsLn 8$18K$11K$7K
Other employee benefitsLn 9$59K$40K$20K
Payroll taxesLn 10$40K$29K$11K
Legal feesLn 11b$43K$43K
Accounting feesLn 11c$21K$21K
Other fees for servicesLn 11g$18K$3K$15K
Advertising and promotionLn 12$634$634
Office expensesLn 13$35K$17K$17K
Information technologyLn 14$745$745
OccupancyLn 16$29K$24K$5K
Conferences, conventions and meetingsLn 19$118$118
Depreciation, depletion and amortizationLn 22$57K$55K$2K
InsuranceLn 23$37K$27K$10K
Other expenses (24a–d)Ln 24$104K$94K$10K
Total functional expensesLn 25$950K$661K$289K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.5M$961K$490K$2.0M 990 PDF
FY2023 $1.3M$1.1M$236K$1.5M 990 PDF
FY2022 $1.3M$1.1M$202K$1.3M 990 PDF
FY2021 $1.2M$927K$306K$1.2M 990 PDF
FY2020 $1.2M$1.2M−$7K$904K 990 PDF

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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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,420,334 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,321,308$1,321,308
VIII-3 Investment incomeExcluded from tax $53,817$53,817
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $45,209$45,209
VIII-12 Total revenueRelated to mission $1,366,517 · Unrelated business $0 · Excluded from tax $53,817$1,420,334
Part IX · Statement of functional expenses $950,015 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $59,129$59,129
IX-7 Other salaries and wagesPrograms $360,082 · Management $68,755$428,837
IX-8 Pension plan contributionsPrograms $11,353 · Management $6,900$18,253
IX-9 Other employee benefitsPrograms $39,959 · Management $19,529$59,488
IX-10 Payroll taxesPrograms $29,018 · Management $10,638$39,656
IX-11b Legal feesManagement $42,521$42,521
IX-11c Accounting feesManagement $21,328$21,328
IX-11g Other fees for servicesPrograms $3,000 · Management $15,297$18,297
IX-12 Advertising and promotionManagement $634$634
IX-13 Office expensesPrograms $17,319 · Management $17,194$34,513
IX-14 Information technologyManagement $745$745
IX-16 OccupancyPrograms $24,150 · Management $4,548$28,698
IX-19 Conferences, conventions and meetingsPrograms $118$118
IX-22 Depreciation, depletion and amortizationPrograms $55,050 · Management $1,552$56,602
IX-23 InsurancePrograms $26,891 · Management $9,901$36,792
IX-24 Other expenses (24a–d)Programs $93,940 · Management $10,464$104,404
IX-25 Total functional expensesPrograms $660,880 · Management $289,135 · Fundraising $0$950,015
Part X · Balance sheet $2,697,695 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $90,435$44,545
X-2 Savings and temporary cash investmentsStart of year $1,639,768$2,122,230
X-4 Accounts receivableStart of year $122,590$185,550
X-10c Land, buildings and equipment, netStart of year $400,533$345,370
X-16 Total assetsStart of year $2,253,326$2,697,695
X-17 Accounts payable and accrued expensesStart of year $138,522$102,592
X-19 Deferred revenueStart of year $63,043$64,523
X-26 Total liabilitiesStart of year $259,966$234,016
X-32 Total net assets or fund balancesStart of year $1,993,360$2,463,679
X-33 Total liabilities and net assetsStart of year $2,253,326$2,697,695
Part XI · Reconciliation of net assets $2,463,679 net assets at year end
XI-1 Total revenue$1,420,334
XI-2 Total expenses$950,015
XI-3 Revenue less expenses$470,319
XI-4 Net assets at start of year$1,993,360
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,463,679

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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