Forever Young Activity Center EIN 26-4597461 Form 990 (PDF) Claim this org

Forever Young Activity Center

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Provides a public facility for seniors to meet, enrich lives, have fun, and enjoy fellowship. For fiscal year 2025 it reported $97K in revenue, $19K in expenses, and $646K in net assets.Pt I

Founded
2009
Type
Public charity (501(c)(3)) · Human Services
Location
Quitman, TX
Website
www.quitmanseniors.org
Filings
6 on file (2020–2025)
Revenue
$97KFY2025
Expenses
$19K
Net assets
$646K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  26-4597461 Public charity (501(c)(3)) Quitman, TX Founded 2009
Form 990 (PDF)
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Size
<$100K
What they do
Provides a public facility for seniors to meet, enrich lives, have fun, and enjoy fellowship.
Leadership
Daisy Bennett · Vice President · $6K
Money in and out
$97K revenue, $19K expenses
Bottom line
93% program efficiency
Where the money goes · FY2025
Total revenue
$97K
Pt VIII · Ln 12
Total expenses
$19K
Pt IX · Ln 25
Net assets
$646K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $78K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.03 Fundraising $0.04
Program efficiency
93%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
227.1mo
months of highly liquid reserves at operating expense rate▲ +32% vs prior filing year
Surplus margin
+80%
revenue over expenses, this year▼ -2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$97K
FY2025▼ -7%
Expenses
$19K
FY2025▼ -0.9%
Total assets
$646K
FY2025▲ +14%
Total liabilities
$0
FY2025
Total revenue
$97K
Pt VIII · Ln 12
Total expenses
$19K
Pt IX · Ln 25
Net assets
$646K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$78K
Total assetsPt X · Ln 16$646K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $18K of program spending, described in the organization's own filed words · FY2025.
01

The activity center is open every Tuesday, Wednesday and Friday from 9:00-4:00 for seniors to enjoy games, crafts, fellowship, lunch, etc. The activity center serves approximately 35 seniors each of these days. The seniors are asked to pay $1.00 to help cover the expenses of the facility and $7 if they eat lunch at the facility.

$18Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CForever Young Activity Center
EINHdr · item D26-4597461
Principal addressHdr · item CQuitman, TX
WebsiteHdr · item Jwww.quitmanseniors.org
Year of formationHdr · item L2009
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P81)
Ruling yearIRS BMFNov 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice President
$6,030Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Daisy Bennett’s $6K as Vice President is at the 17th percentile of top reported officer pay among 203 <$100K human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Daisy Bennett$6,030$5,413$6,018$6,422$4,400$1,000

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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Statement of Revenue

Part VIII
Contributions & grants$51K · 53%
Other revenue$24K · 25%
Program service revenue$13K · 14%
Investment income$8K · 8%
Contributions & grants53%$51K
Other revenue25%$24K
Program service revenue14%$13K
Investment income8%$8K
Total revenueLn 12$97K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.03 Fundraising $0.04
Program services93%$18K
Management & general3%$624
Fundraising4%$696
Total functional expensesLn 25$19K

Balance Sheet

Part X · end of year
CashLn 1$364K
Total assetsLn 16$646K
Total liabilitiesLn 26$0
Total net assetsLn 32$646K
Months of cash on handcomputed227.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $364K · Operating expenses/yr $19K
227.1 months
Where the money goes
Program services
Program services $18K · Total expenses $19K
93%
Management & General
Management & general $624 · Total expenses $19K
3%
Fundraising
Fundraising $696 · Total expenses $19K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $39K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $51K · Total revenue $97K
53%
Government reliance
Government grants — · Total revenue $97K
Earned-income share
Program service revenue $13K · Total revenue $97K
14%
Investment reliance
Investment income $8K · Total revenue $97K
+8%
Program self-sufficiency
Program service revenue $13K · Total expenses $19K
69%
Growth & trend
Revenue growth (YoY)
This year $97K · Prior year $105K
-7%
Net-asset trend (YoY)
End of year $646K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $97K · Expenses $19K
+80%
Liabilities-to-Assets
Total liabilities — · Total assets $646K
Net-asset ratio
Net assets $646K · Total assets $646K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $646K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Daisy Bennett · Reported title Vice President · Highest reported compensation $6K · Total expenses $19K
31%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $19K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 3%
Fundraising cost ratio 1%
Revenue growth -7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$97K revenue · viewing · ⤓ 990 PDF
FY2024$105K revenue · ⤓ 990 PDF
FY2023$57K revenue · ⤓ 990 PDF
FY2022$46K revenue · ⤓ 990 PDF
FY2021$45K revenue · ⤓ 990 PDF
FY2020$20K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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