Lubbock Monterey Chapter FY2024 filing

Not tax-deductible

Lubbock, TX501(c)(3)EIN 75-1569311Revenue $163K in FY2024

On file with the IRSlubbockmontereyambucs.comPo Box 53591, 79453-3591 · Lubbock, TXTax-exempt since Mar 1996Publicly supported — 509(a)(2)

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Provides scholarships for therapists and provides therapuetic tricycles for people who have disabilities to create independence. Donates to other charitable organizations.

47¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $14K a year · 12% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
47%
of spending
Concern: 47% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 11.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$146K
70% of total assets
Worth a look: liabilities are 70% of assets; over 65%.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$163K
+15% vs prior year
Spent
$165K
To programs
47%
Net assets
$62K
By yearFY2021–FY2025
Revenue
$163K
FY2024▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2021$37K
FY2022$94K
FY2023$142K
FY2024$163K
FY2025$162K
Expenses
$165K
FY2024▲ +87%
Tap a bar for its year
Expenses by fiscal year
FY2021$36K
FY2022$94K
FY2023$88K
FY2024$165K
FY2025$142K
Net assets
$62K
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2021$11K
FY2022$11K
FY2023$64K
FY2024$62K
FY2025$21K

From the FY2024 Form 990 (year ending May 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1996.

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

Where the money goes

47 cents of each dollar spent went to programs.

Program services 47% · $78K Management & general 3% · $5K

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

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Lubbock Monterey Chapter 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

Gives scholarships for therapists and therapeutic tricycles for people with disabilities.

Provided by the organization

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3 programs · $78K · in their own filed words · FY2023
01

Organized to raise funds for scholarships

$49Kprogram expense
02

Organized to provide therapuetic tricycles

$20Kprogram expense
03

Organized to provide funds to our National Organization and to other charitable organizations

$10Kprogram 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$5K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$163K
Ln 12
Gifts and grantsLn 1h$136K
Other incomeLn 4–11$25K
Investment incomeLn 3$2K
Money outPt IX
$165K
Ln 25
Programscol B$78K
Managementcol C$5K
Owns and owesPt X
$62K
net assets · Ln 32
Cash and savingsLn 1–2$156K
Total assetsLn 16$208K
LiabilitiesLn 26$146K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$136K
Fundraising eventsLn 1c$84K
Investment incomeLn 3$2K
Other incomeLn 4–11$25K
Total revenueLn 12$163K
Assets in detailPt X, end of year
CashLn 1$156K
Cash and savings togetherLn 1–2$156K
Total assetsLn 16$208K
LiabilitiesLn 26$146K
Net assetsLn 32$62K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderMay
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$141K$156K
Total assetsLn 16$197K$208K
LiabilitiesLn 26$132K$146K
Net assetsLn 32$64K$62K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$78K$78K
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$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$5K$5K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$74K
All other expensesLn 24e$7K
Total functional expensesLn 25$165K$78K$5K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $162K$142K$20K$21K 990 PDF
FY2024 Viewing $163K$165K−$2K$62K 990 PDF
FY2023 $142K$88K$53K$64K 990 PDF
FY2022 $94K$94K−$634$11K 990 PDF
FY2021 $37K$36K$903$11K 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 $163,073 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $71,559$136,071
I-9 Program service revenue$0
I-10 Investment incomePrior year $2,459$1,598
I-11 Other revenuePrior year $67,756$25,404
I-12 Total revenuePrior year $141,774$163,073
I-13 Grants and similar amounts paidPrior year $57,233$78,263
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $31,049$86,764
I-18 Total expensesPrior year $88,282$165,027
I-19 Revenue less expensesPrior year $53,492−$1,954
Part VI · Governance 16 of 16 board members independent, 4 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
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 $163,073 across 7 lines filed
VIII-1b Membership dues$8,733
VIII-1c Fundraising events$83,501
VIII-1f All other contributions, gifts and grants$43,837
VIII-1h Total contributions, gifts and grants$136,071
VIII-3 Investment income$1,598
VIII-8 Net income from fundraising events$25,404
VIII-12 Total revenue$163,073
Part IX · Statement of functional expenses $165,027 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $78,263$78,263
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 staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $5,257$5,257
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)$74,061
IX-24e All other expenses$7,446
IX-25 Total functional expensesPrograms $78,263 · Management $5,257 · Fundraising $0$165,027
Part X · Balance sheet $208,157 assets, 8 lines filed
Asset lines not itemized here account for $48,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $140,958$156,138
X-4 Accounts receivableStart of year $1,658$4,019
X-16 Total assetsStart of year $196,616$208,157
X-17 Accounts payable and accrued expensesStart of year $132,277$145,772
X-26 Total liabilitiesStart of year $132,277$145,772
X-27 Net assets without donor restrictionsStart of year $64,339$62,385
X-32 Total net assets or fund balancesStart of year $64,339$62,385
X-33 Total liabilities and net assetsStart of year $196,616$208,157
Part XI · Reconciliation of net assets $62,385 net assets at year end
XI-1 Total revenue$163,073
XI-2 Total expenses$165,027
XI-3 Revenue less expenses−$1,954
XI-4 Net assets at start of year$64,339
XI-10 Net assets at end of year$62,385

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

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