Grayson Touchdown Club INC FY2021 filing

Tax-deductible

Grayson, GA501(c)(3)Recreation & SportsEIN 58-2535749Revenue $212K in FY2021

On file with the IRSPo Box 104, 30017-0002 · Grayson, GATax-exempt since Mar 2015Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

To provide equipment and other related support to the football team of Grayson High School not provided by the local government funding

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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 4
filings with a surplus
Average deficit $6K a year · 3% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$212K
+13% vs prior year
Spent
$234K
To programs
93%
Net assets
$23K
By yearFY2020–FY2024
Revenue
$212K
FY2021▲ +13%
Tap a bar for its year
Revenue by fiscal year
FY2020$188K
FY2021$212K
FY2022$200K
FY2023$214K
FY2024$224K
Expenses
$234K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$234K
FY2022$211K
FY2023$216K
FY2024$212K
Net assets
$23K
FY2021▼ -48%
Tap a bar for its year
Net assets by fiscal year
FY2020$44K
FY2021$23K
FY2022$11K
FY2023$14K
FY2024$25K

From the FY2021 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2010-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Mar 2015.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $218K Management & general 3% · $7K Fundraising 3% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
See Grayson Touchdown Club INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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

Equips and supports the Grayson High School football team with needed resources.

Questions for Grayson Touchdown Club INC

Tap to ask. Grayson Touchdown Club INC sees how many people are interested.

Your first name shows with your question. Grayson Touchdown Club INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $218K · in their own filed words · FY2021
01

This program provided equipment and other related support to the football team of grayson high school. These items were not provided by the local government funding.

$218Kprogram 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$10K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$212K
Ln 12
Gifts and grantsLn 1h$156K
Fees for servicesLn 2g$56K
Money outPt IX
$234K
Ln 25
Programscol B$218K
Managementcol C$7K
Fundraisingcol D$8K
Owns and owesPt X
$23K
net assets · Ln 32
Cash and savingsLn 1–2$23K
Total assetsLn 16$23K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$156K
Fundraising eventsLn 1c$3K
Fees for servicesLn 2g$56K
Total revenueLn 12$212K
Assets in detailPt X, end of year
CashLn 1$23K
Cash and savings togetherLn 1–2$23K
Total assetsLn 16$23K
LiabilitiesLn 26$0
Net assetsLn 32$23K
OperationsPt I, VI
EmployeesI 50
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 FY21End FY21
Cash and savingsLn 1–2$44K$23K
Total assetsLn 16$44K$23K
LiabilitiesLn 26$0$0
Net assetsLn 32$44K$23K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$7K$7K
Information technologyLn 14$1K$600$692
Other expenses (24a–d)Ln 24$105K$97K$8K
All other expensesLn 24e$116K$116K
Total functional expensesLn 25$234K$218K$7K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $224K$212K$12K$25K 990 PDF
FY2023 $214K$216K−$2K$14K 990 PDF
FY2022 $200K$211K−$11K$11K 990 PDF
FY2021 Viewing $212K$234K−$21K$23K 990 PDF
FY2020 $188K$44K 990 PDF

More to add? Claim this org

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 FY2021 990 (6 parts)
Part I · Summary $212,438 revenue, 12 lines filed
I-8 Contributions and grants$155,940
I-9 Program service revenue$56,498
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$212,438
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$233,507
I-18 Total expenses$233,507
I-19 Revenue less expenses−$21,069
Part VI · Governance 3 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
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 $212,438 across 5 lines filed
VIII-1b Membership dues$153,287
VIII-1c Fundraising events$2,653
VIII-1h Total contributions, gifts and grants$155,940
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $56,498$56,498
VIII-12 Total revenueRelated to mission $56,498 · Unrelated business $0 · Excluded from tax $0$212,438
Part IX · Statement of functional expenses $233,507 across 5 lines filed
IX-12 Advertising and promotionPrograms $5,017$5,017
IX-13 Office expensesManagement $6,654$6,654
IX-14 Information technologyPrograms $600 · Management $692$1,292
IX-24 Other expenses (24a–d)Programs $96,916 · Fundraising $7,883$104,799
IX-24e All other expensesPrograms $115,745$115,745
IX-25 Total functional expensesPrograms $218,278 · Management $7,346 · Fundraising $7,883$233,507
Part X · Balance sheet $22,724 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $43,793$22,724
X-16 Total assetsStart of year $43,793$22,724
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $43,793$22,724
X-32 Total net assets or fund balancesStart of year $43,793$22,724
X-33 Total liabilities and net assetsStart of year $43,793$22,724
Part XI · Reconciliation of net assets $22,724 net assets at year end
XI-1 Total revenue$212,438
XI-2 Total expenses$233,507
XI-3 Revenue less expenses−$21,069
XI-4 Net assets at start of year$43,793
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$22,724

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.