Meade Activity Center INC

Tax-deductible

Brandenburg, KY501(c)(3)Recreation & SportsEIN 27-0218506Revenue $817K in FY2024

On file with the IRSmeadeactivitycenter.org493 Lawrence St, 40108-1323 · Brandenburg, KYTax-exempt since Mar 2010Publicly supported — 509(a)(2)

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To promote active lifestyles and a healthy community through education, wellness, and recreation opportunities for all.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Run by 110 volunteers and 25 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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 $36K a year · 5% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 8.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $40
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.1% of total assets
Looks good: liabilities are 0% 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
$817K
+6% vs prior year
Spent
$747K
To programs
87%
Net assets
$1.9M
By yearFY2020–FY2024
Revenue
$817K
FY2024▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$708K
FY2021$514K
FY2022$687K
FY2023$771K
FY2024$817K
Expenses
$747K
FY2024▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$669K
FY2021$533K
FY2022$611K
FY2023$758K
FY2024$747K
Net assets
$1.9M
FY2024▲ +22%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$1.5M
FY2022$1.6M
FY2023$1.6M
FY2024$1.9M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2010.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $651K Management & general 13% · $96K

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

12 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Aaron Greenwell’s $74K as Executive Director is at the 80th percentile of top reported officer pay among 1017 $100K–1M recreation & sports 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

NameFY2023FY2022FY2021FY2020
Aaron Greenwell$73,891$68,245$68,897$57,500

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

Promotes active lifestyles and healthy communities through education, wellness, and recreation.

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Provided by the organization

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3 programs · $471K · in their own filed words · FY2024
01

Golf Program

The mac offers a variety of golf programs and lessons for individuals and youth of all ages in order to be able to learn about golf, learn about the life lessons that can be derrived from golf, play golf, and enjoy golf.

$282Kprogram expense
02

Swim Program

The mac offers a variety of swim prigrams and lessons for individuals and youth of all ages in order to be able to learn about golf, learn about the life lessons that can be derrived from swimming, and enjoy swimming.

$117Kprogram expense
03

Fitness Facility

The meade activity center (mac) currently operates facilities including outdoor aquatics, three tennis courts, a 9-HOLE golf course & practice facility, and a workout facility. All facilities are open to the community and allow the mac to provide specific programming and instruction in each arrea.

$72Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$40

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$817K
Ln 12
Fees for servicesLn 2g$804K
Investment incomeLn 3$9K
Gifts and grantsLn 1h$5K
Money outPt IX
$747K
Ln 25
Programscol B$651K
Managementcol C$96K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$500K
Total assetsLn 16$1.9M
LiabilitiesLn 26$2K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5K
Fees for servicesLn 2g$804K
Investment incomeLn 3$9K
Total revenueLn 12$817K
Assets in detailPt X, end of year
CashLn 1$198K
SavingsLn 2$302K
Cash and savings togetherLn 1–2$500K
Land, buildings, equipmentLn 10c$1.4M
Total assetsLn 16$1.9M
LiabilitiesLn 26$2K
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 525
VolunteersI 6110
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$297K$500K
Land, buildings, equipmentLn 10c$1.5M$1.4M
Total assetsLn 16$1.8M$1.9M
LiabilitiesLn 26$225K$2K
Net assetsLn 32$1.6M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$81K$41K$41K$0
Other salaries and wagesLn 7$25K$13K$13K$0
Payroll taxesLn 10$8K$4K$4K$0
Accounting feesLn 11c$4K$0$4K$0
Advertising and promotionLn 12$6K$6K$0$0
Office expensesLn 13$24K$12K$12K$0
Information technologyLn 14$20K$18K$2K$0
OccupancyLn 16$77K$69K$8K$0
Depreciation, depletion and amortizationLn 22$102K$92K$10K$0
InsuranceLn 23$38K$34K$4K$0
Other expenses (24a–d)Ln 24$363K$363K$0$0
Total functional expensesLn 25$747K$651K$96K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $817K$747K$70K$1.9M 990 PDF
FY2023 $771K$758K$12K$1.6M 990 PDF
FY2022 $687K$611K$76K$1.6M 990 PDF
FY2021 $514K$533K−$19K$1.5M 990 PDF
FY2020 $708K$669K$39K$1.5M 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 FY2024 990 (6 parts)
Part I · Summary $817,478 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,121$5,184
I-9 Program service revenuePrior year $763,422$803,788
I-10 Investment income$8,506
I-11 Other revenue$0
I-12 Total revenuePrior year $770,543$817,478
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $358,138$114,590
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $400,169$632,774
I-18 Total expensesPrior year $758,307$747,364
I-19 Revenue less expensesPrior year $12,236$70,114
Part VI · Governance 10 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $817,478 across 5 lines filed
VIII-1f All other contributions, gifts and grants$5,184
VIII-1h Total contributions, gifts and grants$5,184
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $803,788$803,788
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $8,506$8,506
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $812,294$817,478
Part IX · Statement of functional expenses $747,364 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $40,610 · Management $40,610 · Fundraising $0$81,220
IX-7 Other salaries and wagesPrograms $12,559 · Management $12,559 · Fundraising $0$25,118
IX-10 Payroll taxesPrograms $4,126 · Management $4,126 · Fundraising $0$8,252
IX-11c Accounting feesPrograms $0 · Management $3,505 · Fundraising $0$3,505
IX-12 Advertising and promotionPrograms $6,160 · Management $0 · Fundraising $0$6,160
IX-13 Office expensesPrograms $11,866 · Management $11,865 · Fundraising $0$23,731
IX-14 Information technologyPrograms $17,807 · Management $1,979 · Fundraising $0$19,786
IX-16 OccupancyPrograms $69,186 · Management $7,687 · Fundraising $0$76,873
IX-22 Depreciation, depletion and amortizationPrograms $91,742 · Management $10,193 · Fundraising $0$101,935
IX-23 InsurancePrograms $34,124 · Management $3,791 · Fundraising $0$37,915
IX-24 Other expenses (24a–d)Programs $362,869 · Management $0 · Fundraising $0$362,869
IX-25 Total functional expensesPrograms $651,049 · Management $96,315 · Fundraising $0$747,364
Part X · Balance sheet $1,936,524 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $238,420$197,931
X-2 Savings and temporary cash investmentsStart of year $58,137$301,643
X-3 Pledges and grants receivableStart of year $44,476$0
X-4 Accounts receivableStart of year $2,600$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $1,465,986$1,436,950
X-16 Total assetsStart of year $1,809,619$1,936,524
X-17 Accounts payable and accrued expensesStart of year $0$2,388
X-26 Total liabilitiesStart of year $224,524$2,388
X-32 Total net assets or fund balancesStart of year $1,585,095$1,934,136
X-33 Total liabilities and net assetsStart of year $1,809,619$1,936,524
Part XI · Reconciliation of net assets $1,934,136 net assets at year end
XI-1 Total revenue$817,478
XI-2 Total expenses$747,364
XI-3 Revenue less expenses$70,114
XI-4 Net assets at start of year$1,585,095
XI-8 Prior period adjustments$278,927
XI-10 Net assets at end of year$1,934,136

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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