Sky Bryce Association INC FY2021 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.

78¢ of each $1 spent went to programs.
$103K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$103K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$108K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 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
+5% vs prior year
Spent
$927K
To programs
78%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$1.2M
FY2021▲ +5%
Revenue by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.3M
FY2023$1.3M
FY2024$1.5M
FY2024$1.4M
Expenses
$927K
FY2021▼ -22%
Expenses by fiscal year
FY2020$1.2M
FY2021$927K
FY2022$1.1M
FY2023$1.1M
FY2024$961K
FY2024$950K
Net assets
$1.2M
FY2021▲ +33%
Net assets by fiscal year
FY2020$904K
FY2021$1.2M
FY2022$1.3M
FY2023$1.5M
FY2024$2.0M
FY2024$2.5M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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

78 cents of each dollar spent went to programs.

Program services 78% · $723K Management & general 22% · $203K

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

9 people listed on the 990; $103K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Business Manager (through December)
$62,897Pt VII · Sec A
Office Manager
$40,028Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member (through Nov)
$0Pt VII · Sec A
Board Member (through Nov)
$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 $723K of program spending, described in the organization's own filed words · FY2020.
01

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

$501Kprogram expense
02

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

$222Kprogram expense

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By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$1.2M
Other incomeLn 4–11$74K
Investment incomeLn 3$1K
Money outPt IX
$927K
Ln 25
Programscol B$723K
Managementcol C$203K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$643K
Total assetsLn 16$1.3M
LiabilitiesLn 26$108K
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$1K
Other incomeLn 4–11$74K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$147K
SavingsLn 2$495K
Cash and savings togetherLn 1–2$643K
Land, buildings, equipmentLn 10c$453K
Total assetsLn 16$1.3M
LiabilitiesLn 26$108K
Net assetsLn 32$1.2M
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 FY21End FY21
Cash and savingsLn 1–2$441K$643K
Land, buildings, equipmentLn 10c$520K$453K
Total assetsLn 16$1.0M$1.3M
LiabilitiesLn 26$109K$108K
Net assetsLn 32$904K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$86K$86K
Other salaries and wagesLn 7$294K$294K
Pension plan contributionsLn 8$14K$10K$4K
Other employee benefitsLn 9$65K$65K
Payroll taxesLn 10$35K$27K$8K
Legal feesLn 11b$45K$45K
Accounting feesLn 11c$24K$24K
Other fees for servicesLn 11g$2K$2K$140
Advertising and promotionLn 12$168$168
Office expensesLn 13$20K$5K$15K
Information technologyLn 14$348$348
OccupancyLn 16$35K$31K$5K
Conferences, conventions and meetingsLn 19$316$316
Depreciation, depletion and amortizationLn 22$73K$71K$2K
InsuranceLn 23$35K$26K$9K
Other expenses (24a–d)Ln 24$198K$192K$6K
Total functional expensesLn 25$927K$723K$203K$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 Viewing $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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $1,232,799 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,157,976$1,157,976
VIII-3 Investment incomeExcluded from tax $1,174$1,174
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $73,649$73,649
VIII-12 Total revenueRelated to mission $1,231,625 · Unrelated business $0 · Excluded from tax $1,174$1,232,799
Part IX · Statement of functional expenses $926,535 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $86,268$86,268
IX-7 Other salaries and wagesPrograms $293,575$293,575
IX-8 Pension plan contributionsPrograms $10,336 · Management $3,660$13,996
IX-9 Other employee benefitsPrograms $64,782$64,782
IX-10 Payroll taxesPrograms $27,225 · Management $7,694$34,919
IX-11b Legal feesManagement $45,027$45,027
IX-11c Accounting feesManagement $24,210$24,210
IX-11g Other fees for servicesPrograms $1,850 · Management $140$1,990
IX-12 Advertising and promotionManagement $168$168
IX-13 Office expensesPrograms $5,341 · Management $14,528$19,869
IX-14 Information technologyManagement $348$348
IX-16 OccupancyPrograms $30,708 · Management $4,637$35,345
IX-19 Conferences, conventions and meetingsPrograms $316$316
IX-22 Depreciation, depletion and amortizationPrograms $71,123 · Management $1,611$72,734
IX-23 InsurancePrograms $25,796 · Management $9,342$35,138
IX-24 Other expenses (24a–d)Programs $192,158 · Management $5,692$197,850
IX-25 Total functional expensesPrograms $723,210 · Management $203,325 · Fundraising $0$926,535
Part X · Balance sheet $1,309,481 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $43,255$147,390
X-2 Savings and temporary cash investmentsStart of year $397,490$495,284
X-4 Accounts receivableStart of year $52,422$213,521
X-10c Land, buildings and equipment, netStart of year $520,247$453,286
X-16 Total assetsStart of year $1,013,414$1,309,481
X-17 Accounts payable and accrued expensesStart of year $80,175$47,942
X-19 Deferred revenueStart of year $16,895$16,895
X-26 Total liabilitiesStart of year $109,072$108,324
X-32 Total net assets or fund balancesStart of year $904,342$1,201,157
X-33 Total liabilities and net assetsStart of year $1,013,414$1,309,481
Part XI · Reconciliation of net assets $1,201,157 net assets at year end
XI-1 Total revenue$1,232,799
XI-2 Total expenses$926,535
XI-3 Revenue less expenses$306,264
XI-4 Net assets at start of year$904,342
XI-8 Prior period adjustments−$9,449
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,201,157

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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