24 Scott County Post FY2023 filing

Tax-deductible

Georgetown, KY501(c)(19)EIN 61-6033618

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Support of veterans and patriotic ideas

501(c)(19) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(19)
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
5 of 5
filings with a surplus
Average surplus $52K a year · 21% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 8.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
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
$279K
+8% vs prior year
Spent
$215K
To programs
100%
Net assets
$758K
By yearFY2020–FY2024
Revenue
$279K
FY2023▲ +8%
Revenue by fiscal year
FY2020$157K
FY2021$249K
FY2022$257K
FY2023$279K
FY2024$292K
Expenses
$215K
FY2023+0.4%
Expenses by fiscal year
FY2020$154K
FY2021$183K
FY2022$214K
FY2023$215K
FY2024$209K
Net assets
$758K
FY2023▲ +9%
Net assets by fiscal year
FY2020$778K
FY2021$844K
FY2022$697K
FY2023$758K
FY2024$819K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 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 Mar 1946.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $215K Fundraising 8% · $16K

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

1 person listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
See 24 Scott County Post 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

Helps veterans and promotes patriotic values.

Provided by the organization

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1 program service, described in the organization's own filed words · FY2023.
01

Provides services to veterans and families

Pt IX · col B

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By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$279K
Ln 12
Other incomeLn 4–11$204K
Gifts and grantsLn 1h$43K
Investment incomeLn 3$32K
Money outPt IX
$215K
Ln 25
Programscol B$215K
Fundraisingcol D$16K
Owns and owesPt X
$758K
net assets · Ln 32
Cash and savingsLn 1–2$147K
Total assetsLn 16$758K
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$43K
Investment incomeLn 3$32K
Other incomeLn 4–11$204K
Total revenueLn 12$279K
Assets in detailPt X, end of year
CashLn 1$147K
Cash and savings togetherLn 1–2$147K
InvestmentsLn 11–13$611K
Total assetsLn 16$758K
LiabilitiesLn 26$0
Net assetsLn 32$758K
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 FY23End FY23
Cash and savingsLn 1–2$107K$147K
InvestmentsLn 11–13$590K$611K
Total assetsLn 16$696K$758K
LiabilitiesLn 26$0$0
Net assetsLn 32$696K$758K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$32K$32K
Accounting feesLn 11c$300$300
Other fees for servicesLn 11g$162K$162K
Payments to affiliatesLn 21$9K$9K
InsuranceLn 23$11K$11K
Total functional expensesLn 25$215K$215K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $292K$209K$82K$819K 990 PDF
FY2023 Viewing $279K$215K$64K$758K 990 PDF
FY2022 $257K$214K$43K$697K 990 PDF
FY2021 $249K$183K$66K$844K 990 PDF
FY2020 $157K$154K$3K$778K 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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $279,057 across 7 lines filed
Lines not itemized here account for $81,879 of total revenue; see the IRS return.
VIII-1b Membership dues$15,860
VIII-1f All other contributions, gifts and grants$10,812
VIII-1h Total contributions, gifts and grants$42,945
VIII-3 Investment incomeRelated to mission $32,439$32,439
VIII-6 Net rental income or lossRelated to mission $7,140$7,140
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $114,654$114,654
VIII-12 Total revenueRelated to mission $236,112$279,057
Part IX · Statement of functional expenses $214,950 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $32,471$32,471
IX-11c Accounting feesPrograms $300$300
IX-11g Other fees for servicesPrograms $162,070$162,070
IX-21 Payments to affiliatesPrograms $9,346$9,346
IX-23 InsurancePrograms $10,763$10,763
IX-25 Total functional expensesPrograms $214,950$214,950
Part X · Balance sheet $757,784 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $106,637$147,259
X-11 Publicly traded securitiesStart of year $589,834$610,525
X-16 Total assetsStart of year $696,471$757,784
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $696,471$757,784
X-33 Total liabilities and net assetsStart of year $696,471$757,784
Part XI · Reconciliation of net assets $757,784 net assets at year end
XI-1 Total revenue$279,057
XI-2 Total expenses$214,950
XI-3 Revenue less expenses$64,107
XI-4 Net assets at start of year$696,471
XI-5 Net unrealized gains (losses) on investments−$2,794
XI-10 Net assets at end of year$757,784

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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