Phenom Central Missouri FY2020 filing

IRS exemption revoked

Versailles, MOUnknown exempt organization EIN 81-1613779Revenue $416K in FY2020

On file with the IRS14155 Leatherman Lane · Versailles, MO

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To provide Education and recreation at a competitive level for multiple age groups in baseball and softball.

93¢ of each $1 spent went to programs.
$63K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $45K a year · 12% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$63K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$111K
497% of total assets
Concern: liabilities are 497% of assets; over 80%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$416K
Spent
$507K
To programs
93%
Net assets
−$88K
By yearFY2020–FY2021
Revenue
$416K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$416K
FY2021$307K
Expenses
$507K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$507K
FY2021$306K
Net assets
−$88K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$88K
FY2021−$87K

From the FY2020 Form 990 (year ending July 2020) · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on December 15, 2024
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2021.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $469K Management & general 7% · $38K

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

10 people listed on the 990; $63K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Key Employee
$45,625Pt VII · Sec A
Sec Treasurer
$17,150Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Phenom Central Missouri 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers competitive baseball and softball education and recreation for all ages.

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Provided by the organization

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1 program · $415K · in their own filed words · FY2019
01

Training league and tournament play offered to high-school aged kids

$415Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$416K
Ln 12
Fees for servicesLn 2g$341K
Other incomeLn 4–11$70K
Gifts and grantsLn 1h$5K
Money outPt IX
$507K
Ln 25
Programscol B$469K
Managementcol C$38K
Owns and owesPt X
−$88K
net assets · Ln 32
Cash and savingsLn 1–2$21K
Total assetsLn 16$22K
LiabilitiesLn 26$111K
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5K
Fees for servicesLn 2g$341K
Other incomeLn 4–11$70K
Total revenueLn 12$416K
Assets in detailPt X, end of year
CashLn 1$21K
Cash and savings togetherLn 1–2$21K
Land, buildings, equipmentLn 10c$857
Total assetsLn 16$22K
LiabilitiesLn 26$111K
Net assetsLn 32−$88K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJuly
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 FY20End FY20
Cash and savingsLn 1–2$12K$21K
Land, buildings, equipmentLn 10c$857
Total assetsLn 16$12K$22K
LiabilitiesLn 26$8K$111K
Net assetsLn 32$4K−$88K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$415K$415K
Pay of current officers, directors and key staffLn 5$63K$46K$17K
Payroll taxesLn 10$2K$2K
Management feesLn 11a$11K$11K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$1K$1K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$2K$2K
TravelLn 17$3K$3K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$143$143
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$288$288
Total functional expensesLn 25$507K$469K$38K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest $307K$306K$898−$87K 990 PDF
FY2020 Viewing $416K$507K−$91K−$88K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $416,237 revenue, 12 lines filed
I-8 Contributions and grants$5,260
I-9 Program service revenuePrior year $263,443$341,198
I-10 Investment income$0
I-11 Other revenuePrior year $17,505$69,779
I-12 Total revenuePrior year $280,948$416,237
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to membersPrior year $247,445$415,378
I-15 Salaries and benefitsPrior year $24,753$65,017
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $11,493$26,710
I-18 Total expensesPrior year $283,691$507,105
I-19 Revenue less expensesPrior year −$2,743−$90,868
Part VI · Governance 9 of 9 board members independent, 5 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsYes
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
Part VIII · Statement of revenue $416,237 across 5 lines filed
VIII-1f All other contributions, gifts and grants$5,260
VIII-1h Total contributions, gifts and grants$5,260
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $341,198$341,198
VIII-8 Net income from fundraising eventsExcluded from tax $69,779$69,779
VIII-12 Total revenueRelated to mission $341,198 · Excluded from tax $69,779$416,237
Part IX · Statement of functional expenses $507,105 across 13 lines filed
IX-4 Benefits paid to or for membersPrograms $415,378$415,378
IX-5 Pay of current officers, directors and key staffPrograms $45,625 · Management $17,150$62,775
IX-10 Payroll taxesPrograms $2,242$2,242
IX-11a Management feesManagement $10,785$10,785
IX-11c Accounting feesManagement $5,242$5,242
IX-11g Other fees for servicesManagement $1,200$1,200
IX-12 Advertising and promotionPrograms $1,463$1,463
IX-13 Office expensesManagement $1,607$1,607
IX-17 TravelPrograms $2,875$2,875
IX-20 InterestManagement $1,635$1,635
IX-22 Depreciation, depletion and amortizationPrograms $143$143
IX-23 InsurancePrograms $1,472$1,472
IX-24 Other expenses (24a–d)Management $288$288
IX-25 Total functional expensesPrograms $469,198 · Management $37,907 · Fundraising $0$507,105
Part X · Balance sheet $22,232 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $11,890$21,375
X-10c Land, buildings and equipment, net$857
X-16 Total assetsStart of year $11,890$22,232
X-17 Accounts payable and accrued expensesStart of year $8,339$9,216
X-26 Total liabilitiesStart of year $8,339$110,548
X-27 Net assets without donor restrictionsStart of year $3,551−$88,316
X-32 Total net assets or fund balancesStart of year $3,551−$88,316
X-33 Total liabilities and net assetsStart of year $11,890$22,232
Part XI · Reconciliation of net assets −$88,316 net assets at year end
XI-1 Total revenue$416,237
XI-2 Total expenses$507,105
XI-3 Revenue less expenses−$90,868
XI-4 Net assets at start of year$3,551
XI-10 Net assets at end of year−$88,316

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

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