Walker Area Community Center INC

Tax-deductible

Walker, MN501(c)(3)Human ServicesEIN 41-2007348Revenue $516K in FY2024

On file with the IRSwalkerareacommunitycenter.com105 Tower Ave E, 56484-4108 · Walker, MNTax-exempt since Feb 2002Publicly supported charity — 170(b)(1)(A)(vi)

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Provide healthy activities in a supporting environment for youth, families, and the Community. Provide civic, cultural, educational and recreational opportunities to the leech lake Area and surrounding communities.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Run by 15 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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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
1 of 5
filings with a surplus
Average deficit $46K a year · 12% of revenue · last 5 filings
Concern: a surplus in 1 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
Cash reserves
6 mo
of spending, in cash
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.0M
69% of total assets
Worth a look: liabilities are 69% of assets; over 65%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$516K
+86% vs prior year
Spent
$477K
To programs
78%
Net assets
$885K
By yearFY2020–FY2024
Revenue
$516K
FY2024▲ +86%
Tap a bar for its year
Revenue by fiscal year
FY2020$270K
FY2021$273K
FY2022$502K
FY2023$277K
FY2024$516K
Expenses
$477K
FY2024▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$346K
FY2021$322K
FY2022$502K
FY2023$417K
FY2024$477K
Net assets
$885K
FY2024▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$1.1M
FY2022$1.1M
FY2023$847K
FY2024$885K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2002.

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% · $374K Management & general 20% · $96K Fundraising 2% · $8K

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

11 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Walker Area Community Center INC 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 healthy activities and civic, cultural, educational, and recreational opportunities for youth, families, and the community.

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Provided by the organization

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1 program · $374K · in their own filed words · FY2024
01

A facility which provides healthy, fun activities for individuals and a supporting environment for families. This is accomplished by providing a clean bright adult supervised space for youth, family and senior activities.

$374Kprogram 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 · FY2024
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$516K
Ln 12
Fees for servicesLn 2g$268K
Gifts and grantsLn 1h$208K
Other incomeLn 4–11$40K
Money outPt IX
$477K
Ln 25
Programscol B$374K
Managementcol C$96K
Fundraisingcol D$8K
Owns and owesPt X
$885K
net assets · Ln 32
Cash and savingsLn 1–2$218K
Total assetsLn 16$2.8M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$208K
Fees for servicesLn 2g$268K
Investment incomeLn 3$78
Other incomeLn 4–11$40K
Gains on assetsLn 7$0
Total revenueLn 12$516K
Assets in detailPt X, end of year
CashLn 1$194K
SavingsLn 2$23K
Cash and savings togetherLn 1–2$218K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.6M
Other assetsLn 15$0
Total assetsLn 16$2.8M
LiabilitiesLn 26$2.0M
Net assetsLn 32$885K
OperationsPt I, VI
EmployeesI 55
VolunteersI 615
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 FY24End FY24
Cash and savingsLn 1–2$152K$218K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.7M$2.6M
Total assetsLn 16$2.9M$2.8M
LiabilitiesLn 26$2.0M$2.0M
Net assetsLn 32$847K$885K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
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$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$86K$16K$62K$7K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$8K$2K$6K$678
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$14K$14K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$9K$9K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$53K$53K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$108K$108K
InsuranceLn 23$22K$22K
Other expenses (24a–d)Ln 24$167K$165K$2K
All other expensesLn 24e$8K$8K
Total functional expensesLn 25$477K$374K$96K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $516K$477K$39K$885K 990 PDF
FY2023 $277K$417K−$140K$847K 990 PDF
FY2022 $502K$502K−$588$1.1M 990 PDF
FY2021 $273K$322K−$50K$1.1M 990 PDF
FY2020 $270K$346K−$76K$1.1M 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 $516,187 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $10,701$207,937
I-9 Program service revenuePrior year $222,639$268,227
I-10 Investment incomePrior year $313$78
I-11 Other revenuePrior year $43,752$39,945
I-12 Total revenuePrior year $277,405$516,187
I-13 Grants and similar amounts paidPrior year $3,844$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $78,782$94,191
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $334,540$383,289
I-18 Total expensesPrior year $417,166$477,480
I-19 Revenue less expensesPrior year −$139,761$38,707
Part VI · Governance 11 of 11 board members independent, 3 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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 $516,187 across 9 lines filed
Lines not itemized here account for $21,906 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$207,937
VIII-1h Total contributions, gifts and grants$207,937
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $268,227$268,227
VIII-3 Investment incomeExcluded from tax $78$78
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$18,039
VIII-12 Total revenueRelated to mission $290,133 · Excluded from tax $78$516,187
Part IX · Statement of functional expenses $477,480 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
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$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $16,485 · Management $62,400 · Fundraising $7,300$86,185
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $1,531 · Management $5,797 · Fundraising $678$8,006
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $14,450$14,450
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionManagement $1,564$1,564
IX-13 Office expensesManagement $9,016$9,016
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $53,208$53,208
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $108,426$108,426
IX-23 InsurancePrograms $21,846$21,846
IX-24 Other expenses (24a–d)Programs $164,925 · Management $2,325$167,250
IX-24e All other expensesPrograms $7,529$7,529
IX-25 Total functional expensesPrograms $373,950 · Management $95,552 · Fundraising $7,978$477,480
Part X · Balance sheet $2,837,497 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $107,557$194,357
X-2 Savings and temporary cash investmentsStart of year $44,252$23,237
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $10,227$16,645
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $2,699,208$2,602,789
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$469
X-15 Other assets$0
X-16 Total assetsStart of year $2,861,244$2,837,497
X-25 Other liabilitiesStart of year $5,508$7,675
X-26 Total liabilitiesStart of year $2,014,739$1,952,285
X-27 Net assets without donor restrictionsStart of year $846,505$885,212
X-32 Total net assets or fund balancesStart of year $846,505$885,212
X-33 Total liabilities and net assetsStart of year $2,861,244$2,837,497
Part XI · Reconciliation of net assets $885,212 net assets at year end
XI-1 Total revenue$516,187
XI-2 Total expenses$477,480
XI-3 Revenue less expenses$38,707
XI-4 Net assets at start of year$846,505
XI-10 Net assets at end of year$885,212

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

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