Mountain T O P INC

Tax-deductible

Altamont, TN501(c)(3)Youth DevelopmentEIN 62-0988352Revenue $786K in FY2024

On file with the IRSmountain-top.orgPo Box 128, 37301-0128 · Altamont, TNTax-exempt since Nov 1976Publicly supported — 509(a)(2)

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The primary exempt purpose of the organization is to conduct summer camps for youth, children, and adults to provide assistance to families in the cumberland mountains of rural tennessee.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Run by 35 volunteers and 56 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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
2 of 5
filings with a surplus
Average deficit $7K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 8% of spending
Top officer’s pay higher than 67% of similar orgs
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $148K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$644K
64% of total assets
Fine: liabilities are 64% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
24
of 24 voting members
Looks good: 24 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$786K
-2% vs prior year
Spent
$970K
To programs
82%
Net assets
$364K
By yearFY2020–FY2024
Revenue
$786K
FY2024▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$737K
FY2021$1.1M
FY2022$987K
FY2023$800K
FY2024$786K
Expenses
$970K
FY2024▼ -0.6%
Tap a bar for its year
Expenses by fiscal year
FY2020$741K
FY2021$843K
FY2022$933K
FY2023$976K
FY2024$970K
Net assets
$364K
FY2024▼ -33%
Tap a bar for its year
Net assets by fiscal year
FY2020$400K
FY2021$673K
FY2022$699K
FY2023$543K
FY2024$364K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1976.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $798K Management & general 17% · $166K Fundraising 1% · $7K

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

24 people listed on the 990; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$75,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Facilities
$0Pt VII · Sec A
Twk Conference
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Michael Feely’s $75K as Executive Dir. is at the 67th percentile of top reported officer pay among 1992 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Michael Feely$75,000$75,000$75,000$43,945—
Julie Keel———$38,044$36,708
Rev Ed Simmons————$36,807

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Mountain T O P 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 summer camps for families in rural Tennessee's Cumberland Mountains.

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Provided by the organization

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1 program · $798K · in their own filed words · FY2024
01

The organization achieves its exempt purpose through service projects involving youth groups from 27 states representing over 200 local churches. These groups spend a week of service ministering to the indigent in the area

$798Kprogram 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 3 funders$148K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$786K
Ln 12
Fees for servicesLn 2g$406K
Gifts and grantsLn 1h$353K
Investment incomeLn 3$26K
Money outPt IX
$970K
Ln 25
Programscol B$798K
Managementcol C$166K
Fundraisingcol D$7K
Owns and owesPt X
$364K
net assets · Ln 32
Cash and savingsLn 1–2$75K
Total assetsLn 16$1.0M
LiabilitiesLn 26$644K
PeoplePt VI, VII
24
listed · VII A
PaidVII A1
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$353K
Fees for servicesLn 2g$406K
Investment incomeLn 3$26K
Other incomeLn 4–11$793
Gains on assetsLn 7$8K
Total revenueLn 12$786K
Assets in detailPt X, end of year
CashLn 1$75K
SavingsLn 2$0
Cash and savings togetherLn 1–2$75K
InvestmentsLn 11–13$161K
Land, buildings, equipmentLn 10c$662K
Other assetsLn 15$21K
Total assetsLn 16$1.0M
LiabilitiesLn 26$644K
Net assetsLn 32$364K
OperationsPt I, VI
EmployeesI 556
VolunteersI 635
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$21K$75K
InvestmentsLn 11–13$215K$161K
Land, buildings, equipmentLn 10c$695K$662K
Total assetsLn 16$1.1M$1.0M
LiabilitiesLn 26$509K$644K
Net assetsLn 32$543K$364K
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$75K$75K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$335K$335K
Pension plan contributionsLn 8$23K$23K
Other employee benefitsLn 9$30K$30K
Payroll taxesLn 10$29K$29K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$24K$24K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$11K$11K
Advertising and promotionLn 12$601$601
Office expensesLn 13$305$305
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$81$81
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$5K$5K
InterestLn 20$966$966
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$35K$35K
InsuranceLn 23$36K$36K
Other expenses (24a–d)Ln 24$235K$235K
All other expensesLn 24e$129K$33K$89K$7K
Total functional expensesLn 25$970K$798K$166K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $786K$970K−$184K$364K 990 PDF
FY2023 $800K$976K−$176K$543K 990 PDF
FY2022 $987K$933K$54K$699K 990 PDF
FY2021 $1.1M$843K$273K$673K 990 PDF
FY2020 $737K$741K−$4K$400K 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 $786,253 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $419,498$352,647
I-9 Program service revenuePrior year $362,520$406,331
I-10 Investment incomePrior year $6,664$26,482
I-11 Other revenuePrior year $11,447$793
I-12 Total revenuePrior year $800,129$786,253
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $509,752$492,969
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $466,439$477,078
I-18 Total expensesPrior year $976,191$970,047
I-19 Revenue less expensesPrior year −$176,062−$183,794
Part VI · Governance 24 of 24 board members independent, 4 to look at
VI-1a Voting members of the governing body24
VI-1b Independent voting members24
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $786,253 across 10 lines filed
VIII-1f All other contributions, gifts and grants$352,647
VIII-1h Total contributions, gifts and grants$352,647
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $406,331$406,331
VIII-3 Investment incomeRelated to mission $18,322$18,322
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $8,160$8,160
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $793$793
VIII-12 Total revenueRelated to mission $433,606$786,253
Part IX · Statement of functional expenses $970,047 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 staffPrograms $75,000$75,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $335,211$335,211
IX-8 Pension plan contributionsPrograms $23,271$23,271
IX-9 Other employee benefitsPrograms $30,002$30,002
IX-10 Payroll taxesPrograms $29,485$29,485
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $23,782$23,782
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $11,375$11,375
IX-12 Advertising and promotionPrograms $601$601
IX-13 Office expensesManagement $305$305
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelManagement $81$81
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $4,602$4,602
IX-20 InterestManagement $966$966
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $35,468$35,468
IX-23 InsurancePrograms $35,793$35,793
IX-24 Other expenses (24a–d)Programs $235,292$235,292
IX-24e All other expensesPrograms $33,032 · Management $89,192 · Fundraising $6,589$128,813
IX-25 Total functional expensesPrograms $797,687 · Management $165,771 · Fundraising $6,589$970,047
Part X · Balance sheet $1,008,013 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $20,700$74,672
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $64,258$84,790
X-8 Inventories for sale or useStart of year $4,412$0
X-9 Prepaid expenses and deferred chargesStart of year $7,339$4,207
X-10c Land, buildings and equipment, netStart of year $695,199$661,731
X-11 Publicly traded securitiesStart of year $214,659$161,135
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $44,777$21,478
X-16 Total assetsStart of year $1,051,344$1,008,013
X-17 Accounts payable and accrued expensesStart of year $23,168$15,928
X-19 Deferred revenueStart of year $89,587$121,180
X-25 Other liabilitiesStart of year $150,001$144,050
X-26 Total liabilitiesStart of year $508,825$644,177
X-27 Net assets without donor restrictionsStart of year $542,519$363,836
X-32 Total net assets or fund balancesStart of year $542,519$363,836
X-33 Total liabilities and net assetsStart of year $1,051,344$1,008,013
Part XI · Reconciliation of net assets $363,836 net assets at year end
XI-1 Total revenue$786,253
XI-2 Total expenses$970,047
XI-3 Revenue less expenses−$183,794
XI-4 Net assets at start of year$542,519
XI-8 Prior period adjustments$5,111
XI-10 Net assets at end of year$363,836

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

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