Sphinx Club INC

Not tax-deductible

Washington, DC501(c)(7)EIN 53-0174479

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The Sphinx Club, INC. (Sphinx Club) is a not-for-profit entity incorporated in the district of columbia. The Sphinx Club maintains a liquor license for the sale of liquor at meetings and events held at the almas temple Club building.

Run by 8 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · 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
1 of 5
filings with a surplus
Average deficit $7K a year · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Liabilities
$12K
89% of total assets
Concern: liabilities are 89% of assets; over 80%.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$10K
-108% vs prior year
Spent
$0
Net assets
$2K
By yearFY2020–FY2024
Revenue
−$10K
FY2024▼ -108%
Revenue by fiscal year
FY2020−$10K
FY2021$403
FY2022−$9K
FY2023−$5K
FY2024−$10K
Expenses
$0
FY2024
Expenses by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$0
Net assets
$2K
FY2024▼ -86%
Net assets by fiscal year
FY2020$30K
FY2021$30K
FY2022$16K
FY2023$12K
FY2024$2K

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 Oct 1944.

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

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Sphinx Club 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

Sells liquor at meetings and events held at the Almas Temple Club Building.

Provided by the organization

This section is blank until Sphinx Club INC claims this page.

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1 program service, described in the organization's own filed words · FY2024.
01

Provide for sale of liquor at meetings and events held at almas templeclub building.

Pt IX · col B

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
−$10K
Ln 12
Money outPt IX
$0
Ln 25
Owns and owesPt X
$2K
net assets · Ln 32
Cash and savingsLn 1–2−$996
Total assetsLn 16$14K
LiabilitiesLn 26$12K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Total revenueLn 12−$10K
Assets in detailPt X, end of year
CashLn 1−$996
Cash and savings togetherLn 1–2−$996
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$14K
LiabilitiesLn 26$12K
Net assetsLn 32$2K
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
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$9K−$996
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$24K$14K
LiabilitiesLn 26$12K$12K
Net assetsLn 32$12K$2K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Total functional expensesLn 25$0$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing −$10K$0−$10K$2K 990 PDF
FY2023 −$5K$0−$5K$12K 990 PDF
FY2022 −$9K$0−$9K$16K 990 PDF
FY2021 $403$0$403$30K 990 PDF
FY2020 −$10K$0−$10K$30K 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 (4 parts)
Part VIII · Statement of revenue −$9,986 across 1 lines filed
Lines not itemized here account for −$9,986 of total revenue; see the IRS return.
VIII-12 Total revenueRelated to mission $0 · Unrelated business −$9,986 · Excluded from tax $0−$9,986
Part IX · Statement of functional expenses $0 across 0 lines filed
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$0
Part X · Balance sheet $14,094 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $8,581−$996
X-8 Inventories for sale or useStart of year $15,090$15,090
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $23,671$14,094
X-17 Accounts payable and accrued expensesStart of year $4,807−$275
X-25 Other liabilitiesStart of year $7,258$12,749
X-26 Total liabilitiesStart of year $12,065$12,474
X-27 Net assets without donor restrictionsStart of year $11,606$1,620
X-32 Total net assets or fund balancesStart of year $11,606$1,620
X-33 Total liabilities and net assetsStart of year $23,671$14,094
Part XI · Reconciliation of net assets $1,620 net assets at year end
XI-1 Total revenue−$9,986
XI-2 Total expenses$0
XI-3 Revenue less expenses−$9,986
XI-4 Net assets at start of year$11,606
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,620

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

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