Summer Dreams FY2020 filing

Tax-deductible

Hunt, TX501(c)(3)Recreation & SportsEIN 74-2899917Revenue $1.3M in FY2020

On file with the IRSPo Box 140, 78024-0140 · Hunt, TXTax-exempt since Jun 1999Publicly supported charity — 170(b)(1)(A)(vi)

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To provide children and families with opportunities to learn more about nature and its environment, to improve social skills, to develop life-long leisure/fitness skills and to gain an appreciation of the outdoors in a camp setting.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$138K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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 $60K a year · 4% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$138K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $29K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$739K
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
Spent
$1.4M
To programs
91%
Net assets
$3.8M
By yearFY2020–FY2024
Revenue
$1.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$1.5M
FY2022$1.5M
FY2023$1.5M
FY2024$1.7M
Expenses
$1.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$1.5M
FY2022$1.7M
FY2023$1.7M
FY2024$1.7M
Net assets
$3.8M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.8M
FY2021$3.9M
FY2022$3.8M
FY2023$3.6M
FY2024$3.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 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 Jun 1999.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $1.2M Management & general 9% · $122K

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

11 people listed on the 990; $138K paid to officers and key staff.

Part VII, Section A · reportable compensation
Secretary &
$49,344Pt VII · Sec A
Vice Preside
$47,320Pt VII · Sec A
President
$41,751Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director Eme
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Sandra Schmitt’s $51K as Secretary & is at the 10th percentile of top reported officer pay among 1842 $1–10M recreation & sports 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
Sandra Schmitt$50,535$50,535$50,535$48,733$49,344
Melissa Burns$38,479$38,479$37,406$35,781$47,320
Nicia Oakes$42,278$44,090$44,032$42,554$41,751

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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Connects children and families with nature through outdoor camps to build skills and appreciation.

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Provided by the organization

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1 program · $1.2M · in their own filed words · FY2020
01

To provide children with an opportunity to learn more about nature and its environment, to improve social skills, to develop life-long LEISURE/FITNESS skills and to gain an appreciation of the outdoors in a camp setting.

$1.2Mprogram 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 · FY2025
Total grants receivedfrom 1 funder$29K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$757K
Gifts and grantsLn 1h$558K
Investment incomeLn 3$702
Money outPt IX
$1.4M
Ln 25
Programscol B$1.2M
Managementcol C$122K
Owns and owesPt X
$3.8M
net assets · Ln 32
Cash and savingsLn 1–2$845K
Total assetsLn 16$4.6M
LiabilitiesLn 26$739K
PeoplePt VI, VII
11
listed · VII A
PaidVII A3
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$558K
Government grantsLn 1e$164K
Fees for servicesLn 2g$757K
Investment incomeLn 3$702
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$39K
SavingsLn 2$805K
Cash and savings togetherLn 1–2$845K
Land, buildings, equipmentLn 10c$3.4M
Other assetsLn 15$104K
Total assetsLn 16$4.6M
LiabilitiesLn 26$739K
Net assetsLn 32$3.8M
OperationsPt I, VI
EmployeesI 591
VolunteersI 68
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$902K$845K
Land, buildings, equipmentLn 10c$3.5M$3.4M
Total assetsLn 16$4.7M$4.6M
LiabilitiesLn 26$827K$739K
Net assetsLn 32$3.9M$3.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$138K$89K$50K
Other salaries and wagesLn 7$374K$323K$50K
Other employee benefitsLn 9$6K$6K
Payroll taxesLn 10$34K$31K$3K
Legal feesLn 11b$90$90
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$5K$5K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$40K$34K$6K
OccupancyLn 16$59K$59K
TravelLn 17$6K$6K
InterestLn 20$37K$37K
Depreciation, depletion and amortizationLn 22$119K$119K
InsuranceLn 23$74K$71K$3K
Other expenses (24a–d)Ln 24$272K$272K
All other expensesLn 24e$190K$190K
Total functional expensesLn 25$1.4M$1.2M$122K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.7M$1.7M$3K$3.6M 990 PDF
FY2023 $1.5M$1.7M−$181K$3.6M 990 PDF
FY2022 $1.5M$1.7M−$143K$3.8M 990 PDF
FY2021 $1.5M$1.5M$66K$3.9M 990 PDF
FY2020 Viewing $1.3M$1.4M−$46K$3.8M 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 FY2020 990 (6 parts)
Part I · Summary $1,314,937 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,032,849$557,725
I-9 Program service revenuePrior year $1,327,460$756,510
I-10 Investment incomePrior year $275$702
I-11 Other revenuePrior year $10,839$0
I-12 Total revenuePrior year $2,371,423$1,314,937
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $576,301$551,700
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $983,651$809,044
I-18 Total expensesPrior year $1,559,952$1,360,744
I-19 Revenue less expensesPrior year $811,471−$45,807
Part VI · Governance 11 of 11 board members independent, 3 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $1,314,937 across 6 lines filed
VIII-1e Government grants$164,173
VIII-1f All other contributions, gifts and grants$393,552
VIII-1h Total contributions, gifts and grants$557,725
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $756,510$756,510
VIII-3 Investment incomeRelated to mission $702$702
VIII-12 Total revenueRelated to mission $757,212$1,314,937
Part IX · Statement of functional expenses $1,360,744 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $88,585 · Management $49,829$138,414
IX-7 Other salaries and wagesPrograms $323,316 · Management $50,240$373,556
IX-9 Other employee benefitsManagement $5,880$5,880
IX-10 Payroll taxesPrograms $31,068 · Management $2,782$33,850
IX-11b Legal feesManagement $90$90
IX-11c Accounting feesManagement $4,254$4,254
IX-11g Other fees for servicesPrograms $5,000$5,000
IX-12 Advertising and promotionPrograms $2,009$2,009
IX-13 Office expensesPrograms $33,831 · Management $5,704$39,535
IX-16 OccupancyPrograms $59,256$59,256
IX-17 TravelPrograms $6,331$6,331
IX-20 InterestPrograms $36,718$36,718
IX-22 Depreciation, depletion and amortizationPrograms $119,485$119,485
IX-23 InsurancePrograms $71,115 · Management $2,963$74,078
IX-24 Other expenses (24a–d)Programs $272,207$272,207
IX-24e All other expensesPrograms $190,081$190,081
IX-25 Total functional expensesPrograms $1,239,002 · Management $121,742 · Fundraising $0$1,360,744
Part X · Balance sheet $4,585,554 assets, 16 lines filed
Asset lines not itemized here account for $20,828; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $103,153$39,379
X-2 Savings and temporary cash investmentsStart of year $798,727$805,405
X-3 Pledges and grants receivableStart of year $228,105$245,972
X-4 Accounts receivableStart of year $12,002$8,778
X-9 Prepaid expenses and deferred chargesStart of year $57$1,131
X-10c Land, buildings and equipment, netStart of year $3,474,740$3,359,603
X-15 Other assetsStart of year $81,862$104,458
X-16 Total assetsStart of year $4,719,474$4,585,554
X-17 Accounts payable and accrued expensesStart of year $32,437$13,800
X-19 Deferred revenueStart of year $177,504$306,398
X-24 Unsecured notes and loans payableStart of year $49,950$50,000
X-25 Other liabilitiesStart of year $11,004$2,882
X-26 Total liabilitiesStart of year $826,743$738,630
X-27 Net assets without donor restrictionsStart of year $3,892,731$3,846,924
X-32 Total net assets or fund balancesStart of year $3,892,731$3,846,924
X-33 Total liabilities and net assetsStart of year $4,719,474$4,585,554
Part XI · Reconciliation of net assets $3,846,924 net assets at year end
XI-1 Total revenue$1,314,937
XI-2 Total expenses$1,360,744
XI-3 Revenue less expenses−$45,807
XI-4 Net assets at start of year$3,892,731
XI-10 Net assets at end of year$3,846,924

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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