Pacheco Club FY2021 filing

Not tax-deductible

Monterey, CA501(c)(7)EIN 94-1397708

71¢ of each $1 spent went to programs.
Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
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
1 of 6
filings with a surplus
Average deficit $6K a year · under 1% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$644K
85% of total assets
Concern: liabilities are 85% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$582K
+2% vs prior year
Spent
$627K
To programs
71%
Net assets
$117K
By yearFY2020–FY2025
Revenue
$582K
FY2021▲ +2%
Revenue by fiscal year
FY2020$573K
FY2021$582K
FY2022$710K
FY2023$756K
FY2024$988K
FY2025$888K
Expenses
$627K
FY2021▲ +4%
Expenses by fiscal year
FY2020$603K
FY2021$627K
FY2022$733K
FY2023$767K
FY2024$893K
FY2025$908K
Net assets
$117K
FY2021▼ -28%
Net assets by fiscal year
FY2020$162K
FY2021$117K
FY2022$94K
FY2023$83K
FY2024$178K
FY2025$156K

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 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 Feb 1961.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $448K Management & general 29% · $180K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Pacheco Club 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

Pacheco Club is a member-serving organization based in Monterey, CA.

Provided by the organization

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2 program services, described in the organization's own filed words · FY2020.
01

Maintain club building, pool, and athletic room and equipment for the use of the club members.

Pt IX · col B
02

Operate dining room and bar for the use of club members and their guests.

Pt IX · col B

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By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$582K
Ln 12
Fees for servicesLn 2g$474K
Gifts and grantsLn 1h$66K
Other incomeLn 4–11$43K
Money outPt IX
$627K
Ln 25
Programscol B$448K
Managementcol C$180K
Owns and owesPt X
$117K
net assets · Ln 32
Cash and savingsLn 1–2$153K
Total assetsLn 16$760K
LiabilitiesLn 26$644K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$66K
Government grantsLn 1e$66K
Fees for servicesLn 2g$474K
Investment incomeLn 3$80
Other incomeLn 4–11$43K
Gains on assetsLn 7$0
Total revenueLn 12$582K
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$147K
Cash and savings togetherLn 1–2$153K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$451K
Other assetsLn 15$10K
Total assetsLn 16$760K
LiabilitiesLn 26$644K
Net assetsLn 32$117K
OperationsPt I, VI
EmployeesI 59
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$338K$153K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$356K$451K
Total assetsLn 16$806K$760K
LiabilitiesLn 26$644K$644K
Net assetsLn 32$162K$117K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
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$282K$189K$92K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$20K$4K$16K
Payroll taxesLn 10$26K$18K$8K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$24K$24K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$15K$15K
Advertising and promotionLn 12$0
Office expensesLn 13$9K$9K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$111K$111K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$23K$23K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$35K$35K
InsuranceLn 23$30K$30K
Other expenses (24a–d)Ln 24$45K$45K
All other expensesLn 24e$7K$7K
Total functional expensesLn 25$627K$448K$180K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $888K$908K−$21K$156K 990 PDF
FY2024 $988K$893K$95K$178K 990 PDF
FY2023 $756K$767K−$11K$83K 990 PDF
FY2022 $710K$733K−$23K$94K 990 PDF
FY2021 Viewing $582K$627K−$45K$117K 990 PDF
FY2020 $573K$603K−$30K$162K 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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $582,195 across 9 lines filed
Lines not itemized here account for $40,903 of total revenue; see the IRS return.
VIII-1e Government grants$65,665
VIII-1h Total contributions, gifts and grants$65,665
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $473,731$473,731
VIII-3 Investment incomeUnrelated business $80$80
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$1,816
VIII-12 Total revenueRelated to mission $514,634 · Unrelated business $80$582,195
Part IX · Statement of functional expenses $627,357 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
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 wagesPrograms $189,314 · Management $92,259$281,573
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $3,626 · Management $16,383$20,009
IX-10 Payroll taxesPrograms $18,058 · Management $8,131$26,189
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $24,102$24,102
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $14,703$14,703
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $9,120$9,120
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $110,752$110,752
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $23,357$23,357
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $35,212$35,212
IX-23 InsuranceManagement $29,512$29,512
IX-24 Other expenses (24a–d)Programs $45,375$45,375
IX-24e All other expensesPrograms $7,453$7,453
IX-25 Total functional expensesPrograms $447,850 · Management $179,507 · Fundraising $0$627,357
Part X · Balance sheet $760,415 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $48,758$5,996
X-2 Savings and temporary cash investmentsStart of year $288,886$146,753
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $85,611$125,844
X-8 Inventories for sale or useStart of year $15,788$20,892
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $356,227$451,423
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $10,565$9,507
X-16 Total assetsStart of year $805,835$760,415
X-17 Accounts payable and accrued expensesStart of year $13,155$28,438
X-25 Other liabilitiesStart of year $107,931$104,427
X-26 Total liabilitiesStart of year $644,016$643,758
X-27 Net assets without donor restrictionsStart of year $160,836$113,804
X-28 Net assets with donor restrictionsStart of year $983$2,853
X-32 Total net assets or fund balancesStart of year $161,819$116,657
X-33 Total liabilities and net assetsStart of year $805,835$760,415
Part XI · Reconciliation of net assets $116,657 net assets at year end
XI-1 Total revenue$582,195
XI-2 Total expenses$627,357
XI-3 Revenue less expenses−$45,162
XI-4 Net assets at start of year$161,819
XI-10 Net assets at end of year$116,657

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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