Dippikill INC FY2024 filing

Tax-deductible

Warrensburg, NY501(c)(3)Since 2004EducationEIN 56-2443538

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Provide a wilderness retreat.

501(c)(3) charity; gifts are tax-deductible.
40¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
0 of 5
filings with a surplus
Average deficit $162K a year · 38% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
40%
of spending
Concern: 40% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $765K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$676K
43% of total assets
Looks good: liabilities are 43% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$423K
-10% vs prior year
Spent
$988K
To programs
40%
Net assets
$884K
By yearFY2020–FY2024
Revenue
$423K
FY2024▼ -10%
Revenue by fiscal year
FY2020$415K
FY2021$395K
FY2022$423K
FY2023$470K
FY2024$423K
FY2024$834K
Expenses
$988K
FY2024▲ +86%
Expenses by fiscal year
FY2020$470K
FY2021$457K
FY2022$494K
FY2023$530K
FY2024$988K
FY2024$528K
Net assets
$884K
FY2024▼ -39%
Net assets by fiscal year
FY2020$1.6M
FY2021$1.6M
FY2022$1.5M
FY2023$1.4M
FY2024$884K
FY2024$1.2M

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 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 Feb 2007.

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

Where the money goes

40 cents of each dollar spent went to programs.

Program services 40% · $392K Management & general 60% · $595K

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

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
CEO (to May 2023) Ex Offic
$0Pt VII · Sec A
CFO (to May 2023) Ex Offic
$0Pt VII · Sec A
Student Board Member (1 Ye
$0Pt VII · Sec A
Student Board Member (1 Ye
$0Pt VII · Sec A
Student Board Member (1 Ye
$0Pt VII · Sec A
CEO (from May 2023) Ex Off
$0Pt VII · Sec A
CFO (from May 2023) Ex Off
$0Pt VII · Sec A
Alumni Board Member
$0Pt VII · Sec A
See Dippikill 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 15aNo

Programs and updates

Offers a wilderness retreat for university students, alumni, faculty, and staff to support learning and various courses of study.

Provided by the organization

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1 program service account for $392K of program spending, described in the organization's own filed words · FY2023.
01

Dippikill is an 850 acre wilderness retreat facility open to universityat albany undergraduates and the university at albany affiliates,graduate students, alumni, faculty and staff. Dippikill wasestablished for the purposes of facilitating the endeavors of learningand the general benefit of undergraduates enrolled at the stateuniversity…

$392Kprogram expense

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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$765K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$423K
Ln 12
Gifts and grantsLn 1h$296K
Fees for servicesLn 2g$128K
Money outPt IX
$988K
Ln 25
Programscol B$392K
Managementcol C$595K
Owns and owesPt X
$884K
net assets · Ln 32
Cash and savingsLn 1–2$214K
Total assetsLn 16$1.6M
LiabilitiesLn 26$676K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$296K
Fees for servicesLn 2g$128K
Total revenueLn 12$423K
Assets in detailPt X, end of year
CashLn 1$214K
Cash and savings togetherLn 1–2$214K
Land, buildings, equipmentLn 10c$1.3M
Total assetsLn 16$1.6M
LiabilitiesLn 26$676K
Net assetsLn 32$884K
OperationsPt I, VI
EmployeesI 55
VolunteersI 615
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
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$233K$214K
Land, buildings, equipmentLn 10c$1.4M$1.3M
Total assetsLn 16$1.6M$1.6M
LiabilitiesLn 26$175K$676K
Net assetsLn 32$1.4M$884K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$522K$130K$391K
Pension plan contributionsLn 8$36K$9K$27K
Other employee benefitsLn 9$60K$15K$45K
Legal feesLn 11b$121K$121K
Office expensesLn 13$9K$9K
OccupancyLn 16$38K$38K
Depreciation, depletion and amortizationLn 22$65K$65K
InsuranceLn 23$23K$23K
Other expenses (24a–d)Ln 24$115K$112K$3K
Total functional expensesLn 25$988K$392K$595K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $423K$988K−$564K$884K 990 PDF
FY2023 $470K$530K−$60K$1.4M 990 PDF
FY2022 $423K$494K−$71K$1.5M 990 PDF
FY2021 $395K$457K−$61K$1.6M 990 PDF
FY2020 $415K$470K−$56K$1.6M 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 $423,418 across 4 lines filed
VIII-1f All other contributions, gifts and grants$295,616
VIII-1h Total contributions, gifts and grants$295,616
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $127,802$127,802
VIII-12 Total revenueRelated to mission $127,802 · Unrelated business $0 · Excluded from tax $0$423,418
Part IX · Statement of functional expenses $987,559 across 9 lines filed
IX-7 Other salaries and wagesPrograms $130,393 · Management $391,181$521,574
IX-8 Pension plan contributionsPrograms $8,888 · Management $26,664$35,552
IX-9 Other employee benefitsPrograms $14,918 · Management $44,755$59,673
IX-11b Legal feesManagement $120,775$120,775
IX-13 Office expensesManagement $9,076$9,076
IX-16 OccupancyPrograms $38,104$38,104
IX-22 Depreciation, depletion and amortizationPrograms $65,327$65,327
IX-23 InsurancePrograms $22,791$22,791
IX-24 Other expenses (24a–d)Programs $111,783 · Management $2,904$114,687
IX-25 Total functional expensesPrograms $392,204 · Management $595,355 · Fundraising $0$987,559
Part X · Balance sheet $1,559,364 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $233,369$214,398
X-10c Land, buildings and equipment, netStart of year $1,389,801$1,344,966
X-16 Total assetsStart of year $1,623,170$1,559,364
X-17 Accounts payable and accrued expensesStart of year $45,127$566,750
X-19 Deferred revenueStart of year $34,790$20,005
X-25 Other liabilitiesStart of year $95,394$88,891
X-26 Total liabilitiesStart of year $175,311$675,646
X-27 Net assets without donor restrictionsStart of year $1,447,859$883,718
X-32 Total net assets or fund balancesStart of year $1,447,859$883,718
X-33 Total liabilities and net assetsStart of year $1,623,170$1,559,364
Part XI · Reconciliation of net assets $883,718 net assets at year end
XI-1 Total revenue$423,418
XI-2 Total expenses$987,559
XI-3 Revenue less expenses−$564,141
XI-4 Net assets at start of year$1,447,859
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$883,718

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

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