Conewango Club FY2020 filing

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To provide a social meeting place solely for the benefit of its members.

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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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 $15K a year · 7% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$133K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$128K
Spent
$227K
To programs
100%
Net assets
$636K
By yearFY2020–FY2024
Revenue
$128K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$128K
FY2021$280K
FY2022$296K
FY2023$236K
FY2024$213K
Expenses
$227K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$227K
FY2021$232K
FY2022$252K
FY2023$253K
FY2024$267K
Net assets
$636K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$636K
FY2021$685K
FY2022$730K
FY2023$713K
FY2024$659K

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 Oct 1942.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $227K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Entertainment Co-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Entertainment Co-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
House Chair
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Conewango Club executive salaries →

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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 15aYes

Programs and updates

Offers a social gathering space exclusively for members.

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Provided by the organization

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1 program · $227K · in their own filed words · FY2020
01

Providing a social meeting place solely for the benefit of its members.

$227Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$128K
Ln 12
Gifts and grantsLn 1h$75K
Other incomeLn 4–11$50K
Fees for servicesLn 2g$4K
Money outPt IX
$227K
Ln 25
Programscol B$227K
Owns and owesPt X
$636K
net assets · Ln 32
Cash and savingsLn 1–2$34K
Total assetsLn 16$769K
LiabilitiesLn 26$133K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$75K
Fees for servicesLn 2g$4K
Investment incomeLn 3$2
Other incomeLn 4–11$50K
Total revenueLn 12$128K
Assets in detailPt X, end of year
CashLn 1$28K
SavingsLn 2$6K
Cash and savings togetherLn 1–2$34K
Land, buildings, equipmentLn 10c$646K
Total assetsLn 16$769K
LiabilitiesLn 26$133K
Net assetsLn 32$636K
OperationsPt I, VI
EmployeesI 516
VolunteersI 60
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$43K$34K
Land, buildings, equipmentLn 10c$683K$646K
Total assetsLn 16$858K$769K
LiabilitiesLn 26$123K$133K
Net assetsLn 32$735K$636K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$99K
Other employee benefitsLn 9$953
Payroll taxesLn 10$7K
Legal feesLn 11b$492
Accounting feesLn 11c$2K
Advertising and promotionLn 12$641
Office expensesLn 13$12K
OccupancyLn 16$59K
Depreciation, depletion and amortizationLn 22$36K
InsuranceLn 23$1K
Other expenses (24a–d)Ln 24$9K
Total functional expensesLn 25$227K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $213K$267K−$54K$659K 990 PDF
FY2023 $236K$253K−$17K$713K 990 PDF
FY2022 $296K$252K$44K$730K 990 PDF
FY2021 $280K$232K$48K$685K 990 PDF
FY2020 Viewing $128K$227K−$99K$636K 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 $128,429 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $76,550$74,550
I-9 Program service revenuePrior year $15,265$4,090
I-10 Investment incomePrior year $5$2
I-11 Other revenuePrior year $80,255$49,787
I-12 Total revenuePrior year $172,075$128,429
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $110,111$106,784
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $130,541$120,303
I-18 Total expensesPrior year $240,652$227,087
I-19 Revenue less expensesPrior year −$68,577−$98,658
Part VI · Governance 10 of 10 board members independent, 3 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $128,429 across 7 lines filed
Lines not itemized here account for $26,886 of total revenue; see the IRS return.
VIII-1b Membership dues$74,550
VIII-1h Total contributions, gifts and grants$74,550
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,898 · Excluded from tax $2,192$4,090
VIII-3 Investment incomeExcluded from tax $2$2
VIII-6 Net rental income or lossRelated to mission $5,335$5,335
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $17,566$17,566
VIII-12 Total revenueRelated to mission $50,895 · Unrelated business $790 · Excluded from tax $2,194$128,429
Part IX · Statement of functional expenses $227,087 across 11 lines filed
IX-6 Pay of disqualified persons$99,290
IX-9 Other employee benefits$953
IX-10 Payroll taxes$6,541
IX-11b Legal fees$492
IX-11c Accounting fees$1,500
IX-12 Advertising and promotion$641
IX-13 Office expenses$12,374
IX-16 Occupancy$59,017
IX-22 Depreciation, depletion and amortization$36,459
IX-23 Insurance$1,253
IX-24 Other expenses (24a–d)$8,567
IX-25 Total functional expenses$227,087
Part X · Balance sheet $769,403 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $37,867$28,073
X-2 Savings and temporary cash investmentsStart of year $5,465$6,041
X-3 Pledges and grants receivableStart of year $3,513$3,513
X-4 Accounts receivableStart of year $106,922$68,395
X-8 Inventories for sale or useStart of year $17,468$13,243
X-9 Prepaid expenses and deferred chargesStart of year $3,999$3,965
X-10c Land, buildings and equipment, netStart of year $682,632$646,173
X-16 Total assetsStart of year $857,866$769,403
X-17 Accounts payable and accrued expensesStart of year $77,894$56,115
X-24 Unsecured notes and loans payable$30,000
X-25 Other liabilitiesStart of year $44,900$46,874
X-26 Total liabilitiesStart of year $122,794$132,989
X-32 Total net assets or fund balancesStart of year $735,072$636,414
X-33 Total liabilities and net assetsStart of year $857,866$769,403
Part XI · Reconciliation of net assets $636,414 net assets at year end
XI-1 Total revenue$128,429
XI-2 Total expenses$227,087
XI-3 Revenue less expenses−$98,658
XI-4 Net assets at start of year$735,072
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$636,414

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

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