The 1982 Foundation was created with its sole mission of converting the old calhoun county high school into the calhoun county community center to provide recreational activities and community support to the children and residents of calhoun county.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Run by 20 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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
4 of 4
filings with a surplus
Average surplus $811K a year · 69% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $224K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.0M
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
+53% vs prior year
Spent
$534K
To programs
79%
Net assets
$3.2M
By yearFY2021–FY2024
Revenue
$1.4M
FY2024▲ +53%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.2M
FY2022$1.3M
FY2023$896K
FY2024$1.4M
Expenses
$534K
FY2024▼ -10%
Tap a bar for its year
Expenses by fiscal year
FY2021$66K
FY2022$282K
FY2023$595K
FY2024$534K
Net assets
$3.2M
FY2024▲ +35%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.1M
FY2022$2.1M
FY2023$2.4M
FY2024$3.2M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2022.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $420K Management & general 21% · $114K

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

8 people listed on the 990; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation
Finance and HR Director
$75,012Pt VII · Sec A
Board of Advisors
$0Pt VII · Sec A
Board of Advisors
$0Pt VII · Sec A
Vice President/Board
$0Pt VII · Sec A
Board of Advisors
$0Pt VII · Sec A
Treasurer/Board
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President/Board
$0Pt VII · Sec A

Jason Cunningham’s $75K as Finance and HR Director is at the 9th percentile of top reported officer pay among 2832 $1–10M community development 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 · 1 named individual · Part VII

NameFY2024FY2023
Jason Cunningham$75,012$61,090

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.

See The 1982 Foundation 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 15aYes

Programs and updates

Converts an old high school into a community center for recreation and support.

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Provided by the organization

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1 program · $420K · in their own filed words · FY2024
01

To provide support for a community and recreation center for the residents of calhoun county. To provide the youth of calhoun county with athletic equipment to enhance outdoor activities.

$420Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$224K
Grants paid · 4 grants · $177K · 2022–2024
Unitemized GrantFY2024$50,572
Calhoun Community Center Landlord LLCFY2023$71,069
Unitemized GrantFY2023$46,521
Unitemized GrantFY2022$8,853

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$1.3M
Investment incomeLn 3$52K
Other incomeLn 4–11$19K
Money outPt IX
$534K
Ln 25
Programscol B$420K
Managementcol C$114K
Owns and owesPt X
$3.2M
net assets · Ln 32
Cash and savingsLn 1–2$95K
Total assetsLn 16$6.2M
LiabilitiesLn 26$3.0M
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Investment incomeLn 3$52K
Other incomeLn 4–11$19K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
SavingsLn 2$95K
Cash and savings togetherLn 1–2$95K
Land, buildings, equipmentLn 10c$964K
Total assetsLn 16$6.2M
LiabilitiesLn 26$3.0M
Net assetsLn 32$3.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
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$276K$95K
Land, buildings, equipmentLn 10c$810K$964K
Total assetsLn 16$6.2M$6.2M
LiabilitiesLn 26$3.8M$3.0M
Net assetsLn 32$2.4M$3.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$51K$51K
Pay of current officers, directors and key staffLn 5$75K$75K
Other salaries and wagesLn 7$204K$204K
Payroll taxesLn 10$24K$24K
Accounting feesLn 11c$28K$28K
Other fees for servicesLn 11g$6K$6K
OccupancyLn 16$30K$30K
InsuranceLn 23$46K$46K
Other expenses (24a–d)Ln 24$71K$31K$40K
Total functional expensesLn 25$534K$420K$114K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.4M$534K$841K$3.2M 990 PDF
FY2023 $896K$595K$300K$2.4M 990 PDF
FY2022 $1.3M$282K$994K$2.1M 990 PDF
FY2021 $1.2M$66K$1.1M$1.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,374,771 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $835,332$1,303,962
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $22,243$51,638
I-11 Other revenuePrior year $38,296$19,171
I-12 Total revenuePrior year $895,871$1,374,771
I-13 Grants and similar amounts paidPrior year $117,590$50,572
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $184,492$302,077
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $293,365$181,185
I-18 Total expensesPrior year $595,447$533,834
I-19 Revenue less expensesPrior year $300,424$840,937
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,374,771 across 6 lines filed
VIII-1f All other contributions, gifts and grants$1,303,962
VIII-1h Total contributions, gifts and grants$1,303,962
VIII-3 Investment incomeExcluded from tax $51,638$51,638
VIII-8 Net income from fundraising eventsExcluded from tax $13,371$13,371
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,800$5,800
VIII-12 Total revenueRelated to mission $5,800 · Unrelated business $0 · Excluded from tax $65,009$1,374,771
Part IX · Statement of functional expenses $533,834 across 9 lines filed
IX-2 Grants to domestic individualsPrograms $50,572$50,572
IX-5 Pay of current officers, directors and key staffPrograms $75,012$75,012
IX-7 Other salaries and wagesPrograms $203,522$203,522
IX-10 Payroll taxesPrograms $23,543$23,543
IX-11c Accounting feesManagement $27,724$27,724
IX-11g Other fees for servicesPrograms $5,882$5,882
IX-16 OccupancyPrograms $30,492$30,492
IX-23 InsuranceManagement $45,889$45,889
IX-24 Other expenses (24a–d)Programs $30,927 · Management $40,271$71,198
IX-25 Total functional expensesPrograms $419,950 · Management $113,884 · Fundraising $0$533,834
Part X · Balance sheet $6,223,390 assets, 10 lines filed
Asset lines not itemized here account for $5,160,000; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $275,666$94,533
X-4 Accounts receivableStart of year $750$4,422
X-10c Land, buildings and equipment, netStart of year $809,692$964,435
X-16 Total assetsStart of year $6,246,108$6,223,390
X-17 Accounts payable and accrued expensesStart of year $29,068$18,413
X-24 Unsecured notes and loans payableStart of year $3,814,336$2,961,336
X-26 Total liabilitiesStart of year $3,843,404$2,979,749
X-27 Net assets without donor restrictionsStart of year $2,402,704$3,243,641
X-32 Total net assets or fund balancesStart of year $2,402,704$3,243,641
X-33 Total liabilities and net assetsStart of year $6,246,108$6,223,390
Part XI · Reconciliation of net assets $3,243,641 net assets at year end
XI-1 Total revenue$1,374,771
XI-2 Total expenses$533,834
XI-3 Revenue less expenses$840,937
XI-4 Net assets at start of year$2,402,704
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,243,641

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

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