Stockade Works INC

Tax-deductible

Kingston, NY501(c)(3)EmploymentEIN 81-3059800Revenue $547K in FY2024

On file with the IRSstockadeworks.orgPo Box 3999, 12402-3999 · Kingston, NYTax-exempt since Jan 2018Publicly supported charity — 170(b)(1)(A)(vi)

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Stockade Works is dedicated to furthering the potential of film, television, media, and technology in the hudson valley through workforce development training programs in film and television production for local residents.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · 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
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 surplus $41K a year · 8% of revenue · last 4 filings
Worth a look: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $4K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$10K
2% of total assets
Looks good: liabilities are 2% 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
$547K
+17% vs prior year
Spent
$576K
To programs
67%
Net assets
$427K
By yearFY2020–FY2024
Revenue
$547K
FY2024▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2020$272K
FY2022$815K
FY2023$468K
FY2024$547K
Expenses
$576K
FY2024▼ -0.8%
Tap a bar for its year
Expenses by fiscal year
FY2020$315K
FY2022$464K
FY2023$580K
FY2024$576K
Net assets
$427K
FY2024▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$89K
FY2022$570K
FY2023$457K
FY2024$427K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2018.

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

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $387K Management & general 16% · $90K Fundraising 17% · $99K

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.

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Marie Nachsin’s $94K as Former Executive Director Di is at the 80th percentile of top reported officer pay among 1217 $100K–1M employment 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.

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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

Trains local residents for film, TV, media, and tech jobs in the Hudson Valley.

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Provided by the organization

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1 program · $387K · in their own filed words · FY2024
01

Stockade works is furthering the potential of film, television, media, and technology in the hudson valley through workforce development training programs in film and television production for local RESIDENTS.THE training programs include the following: crew boot camp: an intensive training program covering all aspects of film production…

$387Kprogram 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$4K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$547K
Ln 12
Gifts and grantsLn 1h$529K
Fees for servicesLn 2g$15K
Investment incomeLn 3$4K
Money outPt IX
$576K
Ln 25
Programscol B$387K
Managementcol C$90K
Fundraisingcol D$99K
Owns and owesPt X
$427K
net assets · Ln 32
Cash and savingsLn 1–2$218K
Total assetsLn 16$437K
LiabilitiesLn 26$10K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$529K
Government grantsLn 1e$350K
Fees for servicesLn 2g$15K
Investment incomeLn 3$4K
Total revenueLn 12$547K
Assets in detailPt X, end of year
CashLn 1$218K
Cash and savings togetherLn 1–2$218K
Total assetsLn 16$437K
LiabilitiesLn 26$10K
Net assetsLn 32$427K
OperationsPt I, VI
EmployeesI 52
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 FY24End FY24
Cash and savingsLn 1–2$98K$218K
Total assetsLn 16$474K$437K
LiabilitiesLn 26$17K$10K
Net assetsLn 32$457K$427K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$235K$144K$45K$45K
Legal feesLn 11b$970$970
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$210K$182K$29K
Office expensesLn 13$1K$502$468$168
Information technologyLn 14$10K$1K$8K$804
OccupancyLn 16$20K$20K$750
TravelLn 17$28K$27K$446
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$53K$977$52K
All other expensesLn 24e$8K$8K$400
Total functional expensesLn 25$576K$387K$90K$99K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $547K$576K−$29K$427K 990 PDF
FY2023 $468K$580K−$113K$457K 990 PDF
FY2022 $815K$464K$350K$570K 990 PDF
FY2021 Not on file
FY2020 $272K$315K−$44K$89K 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 $546,611 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $444,099$528,521
I-9 Program service revenuePrior year $19,134$14,539
I-10 Investment incomePrior year $4,275$3,551
I-11 Other revenuePrior year $50$0
I-12 Total revenuePrior year $467,558$546,611
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $221,873$234,534
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $358,619$341,208
I-18 Total expensesPrior year $580,492$575,742
I-19 Revenue less expensesPrior year −$112,934−$29,131
Part VI · Governance 12 of 12 board members independent, 3 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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 $546,611 across 7 lines filed
VIII-1e Government grants$349,825
VIII-1f All other contributions, gifts and grants$178,696
VIII-1h Total contributions, gifts and grants$528,521
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $14,539$14,539
VIII-3 Investment incomeRelated to mission $3,551$3,551
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $18,090 · Unrelated business $0 · Excluded from tax $0$546,611
Part IX · Statement of functional expenses $575,742 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $144,066 · Management $45,234 · Fundraising $45,234$234,534
IX-11b Legal feesPrograms $970$970
IX-11c Accounting feesManagement $5,357$5,357
IX-11g Other fees for servicesPrograms $181,734 · Management $28,668$210,402
IX-13 Office expensesPrograms $502 · Management $468 · Fundraising $168$1,138
IX-14 Information technologyPrograms $1,171 · Management $7,831 · Fundraising $804$9,806
IX-16 OccupancyPrograms $19,584 · Management $750$20,334
IX-17 TravelPrograms $27,304 · Fundraising $446$27,750
IX-23 InsurancePrograms $3,829$3,829
IX-24 Other expenses (24a–d)Management $977 · Fundraising $52,154$53,131
IX-24e All other expensesPrograms $8,091 · Management $400$8,491
IX-25 Total functional expensesPrograms $387,251 · Management $89,685 · Fundraising $98,806$575,742
Part X · Balance sheet $437,038 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $97,615$218,246
X-4 Accounts receivableStart of year $376,221$218,792
X-16 Total assetsStart of year $473,836$437,038
X-17 Accounts payable and accrued expensesStart of year $17,255$9,588
X-26 Total liabilitiesStart of year $17,255$9,588
X-27 Net assets without donor restrictionsStart of year $93,202$264,450
X-28 Net assets with donor restrictionsStart of year $363,379$163,000
X-32 Total net assets or fund balancesStart of year $456,581$427,450
X-33 Total liabilities and net assetsStart of year $473,836$437,038
Part XI · Reconciliation of net assets $427,450 net assets at year end
XI-1 Total revenue$546,611
XI-2 Total expenses$575,742
XI-3 Revenue less expenses−$29,131
XI-4 Net assets at start of year$456,581
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$427,450

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

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