Sky Bryce Association INC FY2020 filing

Not tax-deductible

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

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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.

73¢ 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

FY2020 · 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
73%
of spending
Fine: 73% 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 · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$109K
11% of total assets
Looks good: liabilities are 11% 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
$1.2M
Spent
$1.2M
To programs
73%
Net assets
$904K
By yearFY2020–FY2024
Revenue
$1.2M
FY2020
Revenue by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.3M
FY2023$1.3M
FY2024$1.5M
FY2024$1.4M
Expenses
$1.2M
FY2020
Expenses by fiscal year
FY2020$1.2M
FY2021$927K
FY2022$1.1M
FY2023$1.1M
FY2024$961K
FY2024$950K
Net assets
$904K
FY2020
Net assets by fiscal year
FY2020$904K
FY2021$1.2M
FY2022$1.3M
FY2023$1.5M
FY2024$2.0M
FY2024$2.5M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · 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 May 1974.

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

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $861K Management & general 27% · $325K

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

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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 · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Business Manager
$59,172Pt 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

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2 program services account for $861K of program spending, described in the organization's own filed words · FY2019.
01

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

$627Kprogram expense
02

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

$234Kprogram expense

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By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$1.1M
Other incomeLn 4–11$41K
Investment incomeLn 3$1K
Money outPt IX
$1.2M
Ln 25
Programscol B$861K
Managementcol C$325K
Owns and owesPt X
$904K
net assets · Ln 32
Cash and savingsLn 1–2$441K
Total assetsLn 16$1.0M
LiabilitiesLn 26$109K
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$1.1M
Investment incomeLn 3$1K
Other incomeLn 4–11$41K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$43K
SavingsLn 2$397K
Cash and savings togetherLn 1–2$441K
Land, buildings, equipmentLn 10c$520K
Total assetsLn 16$1.0M
LiabilitiesLn 26$109K
Net assetsLn 32$904K
OperationsPt I, VI
EmployeesI 516
VolunteersI 60
Fiscal year endsHeaderJune
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 FY20End FY20
Cash and savingsLn 1–2$603K$441K
Land, buildings, equipmentLn 10c$380K$520K
Total assetsLn 16$1.0M$1.0M
LiabilitiesLn 26$107K$109K
Net assetsLn 32$911K$904K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$63K$63K
Other salaries and wagesLn 7$392K$352K$40K
Pension plan contributionsLn 8$26K$20K$6K
Other employee benefitsLn 9$76K$65K$11K
Payroll taxesLn 10$33K$25K$8K
Legal feesLn 11b$74K$74K
Accounting feesLn 11c$29K$29K
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$499$499
Office expensesLn 13$38K$20K$18K
Information technologyLn 14$265$265
OccupancyLn 16$16K$10K$6K
Conferences, conventions and meetingsLn 19$586$88$498
Depreciation, depletion and amortizationLn 22$60K$58K$1K
InsuranceLn 23$35K$25K$9K
Other expenses (24a–d)Ln 24$338K$281K$57K
Total functional expensesLn 25$1.2M$861K$325K$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 Viewing $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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $1,178,383 across 4 lines filed
Lines not itemized here account for $1,350 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,136,756$1,136,756
VIII-3 Investment incomeExcluded from tax $1,074$1,074
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $39,203$39,203
VIII-12 Total revenueRelated to mission $1,177,309 · Unrelated business $0 · Excluded from tax $1,074$1,178,383
Part IX · Statement of functional expenses $1,185,390 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $63,372$63,372
IX-7 Other salaries and wagesPrograms $352,093 · Management $40,044$392,137
IX-8 Pension plan contributionsPrograms $20,281 · Management $5,597$25,878
IX-9 Other employee benefitsPrograms $64,880 · Management $11,331$76,211
IX-10 Payroll taxesPrograms $24,703 · Management $8,247$32,950
IX-11b Legal feesManagement $74,177$74,177
IX-11c Accounting feesManagement $29,050$29,050
IX-11g Other fees for servicesPrograms $4,348$4,348
IX-12 Advertising and promotionManagement $499$499
IX-13 Office expensesPrograms $19,775 · Management $18,054$37,829
IX-14 Information technologyManagement $265$265
IX-16 OccupancyPrograms $9,891 · Management $5,991$15,882
IX-19 Conferences, conventions and meetingsPrograms $88 · Management $498$586
IX-22 Depreciation, depletion and amortizationPrograms $58,453 · Management $1,289$59,742
IX-23 InsurancePrograms $25,458 · Management $9,264$34,722
IX-24 Other expenses (24a–d)Programs $280,626 · Management $57,116$337,742
IX-25 Total functional expensesPrograms $860,596 · Management $324,794 · Fundraising $0$1,185,390
Part X · Balance sheet $1,013,414 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $16,508$43,255
X-2 Savings and temporary cash investmentsStart of year $586,789$397,490
X-4 Accounts receivableStart of year $35,179$52,422
X-10c Land, buildings and equipment, netStart of year $380,280$520,247
X-16 Total assetsStart of year $1,018,756$1,013,414
X-17 Accounts payable and accrued expensesStart of year $79,587$80,175
X-19 Deferred revenueStart of year $15,822$16,895
X-26 Total liabilitiesStart of year $107,409$109,072
X-32 Total net assets or fund balancesStart of year $911,347$904,342
X-33 Total liabilities and net assetsStart of year $1,018,756$1,013,414
Part XI · Reconciliation of net assets $904,342 net assets at year end
XI-1 Total revenue$1,178,383
XI-2 Total expenses$1,185,390
XI-3 Revenue less expenses−$7,007
XI-4 Net assets at start of year$911,347
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$904,342

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

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