Dothan Landmarks Foundation INC FY2023 filing

Tax-deductible

Dothan, AL501(c)(3)EIN 63-0720737Revenue $629K in FY2023

On file with the IRSlandmarkparkdothan.com430 Landmark Dr, 36303-8916 · Dothan, ALTax-exempt since Sep 1977Publicly supported charity — 170(b)(1)(A)(vi)

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Historical & scientific park for public use

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$43K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · 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 $62K a year · 9% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$43K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $34
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$101K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$629K
-8% vs prior year
Spent
$706K
To programs
100%
Net assets
$2.0M
By yearFY2021–FY2024
Revenue
$629K
FY2023▼ -8%
Tap a bar for its year
Revenue by fiscal year
FY2021$723K
FY2022$682K
FY2023$629K
FY2024$829K
Expenses
$706K
FY2023▼ -15%
Tap a bar for its year
Expenses by fiscal year
FY2021$878K
FY2022$827K
FY2023$706K
FY2024$698K
Net assets
$2.0M
FY2023▼ -0.7%
Tap a bar for its year
Net assets by fiscal year
FY2021$2.3M
FY2022$2.0M
FY2023$2.0M
FY2024$2.0M

From the FY2023 Form 990 (year ending September 2023) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1977.

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% · $706K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $43K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$42,885Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021
Laura Stakelum———$52,088
Laura Weber——$49,850—
David Jay$27,806$42,885——

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.

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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

Preserves and shares a historical and scientific park for everyone to enjoy.

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Provided by the organization

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1 program · $706K · in their own filed words · FY2022
01

To collect, preserve, and interpret the cultural and natural heritage of dothan and the wiregrass region.

$706Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$34

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$629K
Ln 12
Gifts and grantsLn 1h$553K
Fees for servicesLn 2g$40K
Investment incomeLn 3$35K
Money outPt IX
$706K
Ln 25
Programscol B$706K
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$551K
Total assetsLn 16$2.1M
LiabilitiesLn 26$101K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$553K
Government grantsLn 1e$14K
Fees for servicesLn 2g$40K
Investment incomeLn 3$35K
Total revenueLn 12$629K
Assets in detailPt X, end of year
CashLn 1$127K
SavingsLn 2$425K
Cash and savings togetherLn 1–2$551K
Land, buildings, equipmentLn 10c$1.5M
Total assetsLn 16$2.1M
LiabilitiesLn 26$101K
Net assetsLn 32$2.0M
OperationsPt I, VI
EmployeesI 529
VolunteersI 6300
Fiscal year endsHeaderSeptember
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 FY23End FY23
Cash and savingsLn 1–2$654K$551K
Land, buildings, equipmentLn 10c$1.6M$1.5M
Total assetsLn 16$2.2M$2.1M
LiabilitiesLn 26$204K$101K
Net assetsLn 32$2.0M$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$317K$317K
Other employee benefitsLn 9$16K$16K
Payroll taxesLn 10$26K$26K
Accounting feesLn 11c$13K$13K
Investment management feesLn 11f$7K$7K
Advertising and promotionLn 12$392$392
Office expensesLn 13$7K$7K
Information technologyLn 14$13K$13K
OccupancyLn 16$29K$29K
TravelLn 17$5K$5K
Depreciation, depletion and amortizationLn 22$14K$14K
InsuranceLn 23$58K$58K
Other expenses (24a–d)Ln 24$134K$134K
All other expensesLn 24e$69K$69K
Total functional expensesLn 25$706K$706K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $829K$698K$131K$2.0M 990 PDF
FY2023 Viewing $629K$706K−$77K$2.0M 990 PDF
FY2022 $682K$827K−$144K$2.0M 990 PDF
FY2021 $723K$878K−$155K$2.3M 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 (6 parts)
Part I · Summary $628,827 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $596,163$553,377
I-9 Program service revenuePrior year $62,035$40,228
I-10 Investment incomePrior year $24,155$35,222
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $682,353$628,827
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $367,935$358,522
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $458,692$347,381
I-18 Total expensesPrior year $826,627$705,903
I-19 Revenue less expensesPrior year −$144,274−$77,076
Part VI · Governance 12 of 12 board members independent, 1 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $628,827 across 6 lines filed
Lines not itemized here account for $40,228 of total revenue; see the IRS return.
VIII-1b Membership dues$75,581
VIII-1e Government grants$13,800
VIII-1f All other contributions, gifts and grants$463,996
VIII-1h Total contributions, gifts and grants$553,377
VIII-3 Investment incomeRelated to mission $35,222$35,222
VIII-12 Total revenueRelated to mission $75,450 · Unrelated business $0 · Excluded from tax $0$628,827
Part IX · Statement of functional expenses $705,903 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $316,874$316,874
IX-9 Other employee benefitsPrograms $15,695$15,695
IX-10 Payroll taxesPrograms $25,953$25,953
IX-11c Accounting feesPrograms $12,531$12,531
IX-11f Investment management feesPrograms $6,614$6,614
IX-12 Advertising and promotionPrograms $392$392
IX-13 Office expensesPrograms $7,252$7,252
IX-14 Information technologyPrograms $12,617$12,617
IX-16 OccupancyPrograms $28,980$28,980
IX-17 TravelPrograms $4,709$4,709
IX-22 Depreciation, depletion and amortizationPrograms $13,602$13,602
IX-23 InsurancePrograms $57,655$57,655
IX-24 Other expenses (24a–d)Programs $134,013$134,013
IX-24e All other expensesPrograms $69,016$69,016
IX-25 Total functional expensesPrograms $705,903 · Management $0 · Fundraising $0$705,903
Part X · Balance sheet $2,115,984 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $19,981$126,951
X-2 Savings and temporary cash investmentsStart of year $634,496$424,525
X-8 Inventories for sale or useStart of year $18,038$18,318
X-10c Land, buildings and equipment, netStart of year $1,559,792$1,546,190
X-16 Total assetsStart of year $2,232,307$2,115,984
X-17 Accounts payable and accrued expensesStart of year $26,265$18,701
X-19 Deferred revenueStart of year $34,639$17,614
X-26 Total liabilitiesStart of year $203,711$101,129
X-27 Net assets without donor restrictionsStart of year $2,028,596$2,014,855
X-32 Total net assets or fund balancesStart of year $2,028,596$2,014,855
X-33 Total liabilities and net assetsStart of year $2,232,307$2,115,984
Part XI · Reconciliation of net assets $2,014,855 net assets at year end
XI-1 Total revenue$628,827
XI-2 Total expenses$705,903
XI-3 Revenue less expenses−$77,076
XI-4 Net assets at start of year$2,028,596
XI-5 Net unrealized gains (losses) on investments$63,335
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,014,855

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

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