Keystone League INC FY2020 filing

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Recreation welfare of members

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
$28K 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
2 of 5
filings with a surplus
Average deficit $3K a year · 2% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$28K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
21 mo
of spending, in cash
Looks good: 20.6 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
0
of 250 voting members
Concern: none of 250 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$121K
Spent
$119K
Net assets
$239K
By yearFY2020–FY2024
Revenue
$121K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$121K
FY2021$171K
FY2022$153K
FY2023$143K
FY2024$152K
Expenses
$119K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$119K
FY2021$156K
FY2022$164K
FY2023$160K
FY2024$155K
Net assets
$239K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$239K
FY2021$249K
FY2022$239K
FY2023$222K
FY2024$220K

From the FY2020 Form 990 · see the original

990 PDF Claim
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 Jan 1947.

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

Who runs it and what they're paid

12 people listed on the 990; $28K paid to officers and key staff.

Part VII, Section A · reportable compensation
$20,488Pt VII · Sec A
$4,020Pt VII · Sec A
$3,060Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Joseph N Cioffi$26,453$24,090$23,585$24,400$20,488
Paul Francis$9,020$6,195$5,540——
Richard Rohaly$4,380$4,380$4,380$4,380$4,020
Charles Fike———$3,760$3,060

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

Keystone League INC is a member-serving organization based in Williamsport, PA.

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1 program · in their own filed words · FY2020
01

Lunches, picnics, parties serving 100-200

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$121K
Ln 12
Other incomeLn 4–11$118K
Gifts and grantsLn 1h$3K
Money outPt IX
$119K
Ln 25
Owns and owesPt X
$239K
net assets · Ln 32
Cash and savingsLn 1–2$204K
Total assetsLn 16$239K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A3
Voting boardVI 1a250
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3K
Other incomeLn 4–11$118K
Total revenueLn 12$121K
Assets in detailPt X, end of year
CashLn 1$73K
SavingsLn 2$131K
Cash and savings togetherLn 1–2$204K
Land, buildings, equipmentLn 10c$35K
Total assetsLn 16$239K
LiabilitiesLn 26$0
Net assetsLn 32$239K
OperationsPt I, VI
EmployeesI 511
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$225K$204K
Land, buildings, equipmentLn 10c$12K$35K
Total assetsLn 16$237K$239K
LiabilitiesLn 26$0$0
Net assetsLn 32$237K$239K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$2K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$7K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$50K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$6K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$880
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$515
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$27K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$2K
InsuranceLn 23$1K
Other expenses (24a–d)Ln 24$22K
All other expensesLn 24e$2K
Total functional expensesLn 25$119K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $152K$155K−$2K$220K 990 PDF
FY2023 $143K$160K−$17K$222K 990 PDF
FY2022 $153K$164K−$12K$239K 990 PDF
FY2021 $171K$156K$15K$249K 990 PDF
FY2020 Viewing $121K$119K$2K$239K 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 $120,925 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,933$3,045
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $173,317$117,880
I-12 Total revenuePrior year $178,250$120,925
I-13 Grants and similar amounts paidPrior year $11,440$2,400
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $79,386$62,664
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $53,876$54,023
I-18 Total expensesPrior year $144,702$119,087
I-19 Revenue less expensesPrior year $33,548$1,838
Part VI · Governance 0 of 250 board members independent, 4 to look at
VI-1a Voting members of the governing body250
VI-1b Independent voting members0
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 $120,925 across 4 lines filed
Lines not itemized here account for $117,450 of total revenue; see the IRS return.
VIII-1b Membership dues$3,045
VIII-1h Total contributions, gifts and grants$3,045
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)$430
VIII-12 Total revenue$120,925
Part IX · Statement of functional expenses $119,087 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$2,400
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$7,080
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$49,653
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$5,931
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$880
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$515
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$26,531
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$1,656
IX-23 Insurance$1,024
IX-24 Other expenses (24a–d)$21,880
IX-24e All other expenses$1,537
IX-25 Total functional expenses$119,087
Part X · Balance sheet $239,167 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $102,267$73,224
X-2 Savings and temporary cash investmentsStart of year $123,211$130,748
X-10c Land, buildings and equipment, netStart of year $11,851$35,195
X-16 Total assetsStart of year $237,329$239,167
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $102,267$73,224
X-28 Net assets with donor restrictionsStart of year $135,062$165,943
X-32 Total net assets or fund balancesStart of year $237,329$239,167
X-33 Total liabilities and net assetsStart of year $237,329$239,167
Part XI · Reconciliation of net assets $239,167 net assets at year end
XI-1 Total revenue$120,925
XI-2 Total expenses$119,087
XI-3 Revenue less expenses$1,838
XI-4 Net assets at start of year$237,329
XI-10 Net assets at end of year$239,167

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

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