Civic Intelligence

George Young Recreational Complex

990 • Fiscal year 2023 • EIN 38-2602972

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 03, 2024

159 Youngs LaneIron River, MI 49920

(906) 265-3401

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.18x

Higher debt load relative to assets than 66% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

35th percentile

0.03x

Higher debt load relative to revenue than 35% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

45th percentile

1.8%

Higher net margin than 45% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

58th percentile

$79,818

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

52nd percentile

8.0%

Faster revenue growth than 52% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$332,019

Up $48,559 (+17%) from 2022

Net Assets

Up

$271,996

Up $38,939 (+17%) from 2022

Liabilities

Up

$60,023

Up $9,620 (+19%) from 2022

Revenue

Up

$2,118,896

Up $157,272 (+8.0%) from 2022

Expenses

Up

$2,079,957

Up $195,925 (+10%) from 2022

Net Income

Down

$38,939

Down $38,653 (-50%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $381,638Liabilities 2011: $1,139Net Assets 2011: $380,4992011Assets 2012: $449,597Liabilities 2012: $321Net Assets 2012: $449,2762012Assets 2013: $352,247Liabilities 2013: $112Net Assets 2013: $352,1352013Assets 2014: $410,294Liabilities 2014: $13,659Net Assets 2014: $396,6352014Assets 2015: $307,374Liabilities 2015: $13,002Net Assets 2015: $294,3722015Assets 2016: $187,315Liabilities 2016: $15,060Net Assets 2016: $172,2552016Assets 2017: $166,186Liabilities 2017: $17,958Net Assets 2017: $148,2282017Assets 2018: $395,060Liabilities 2018: $36,621Net Assets 2018: $358,4392018Assets 2019: $372,370Liabilities 2019: $10,062Net Assets 2019: $362,3082019Assets 2020: $99,714Liabilities 2020: $505Net Assets 2020: $99,2092020Assets 2021: $155,466Liabilities 2021: $1Net Assets 2021: $155,4652021Assets 2022: $283,460Liabilities 2022: $50,403Net Assets 2022: $233,0572022Assets 2023: $332,019Liabilities 2023: $60,023Net Assets 2023: $271,9962023Assets 2024: $295,835Liabilities 2024: $38,841Net Assets 2024: $256,9942024

Highlighted filing

2023

Assets$332,019
Liabilities$60,023
Net Assets$271,996

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,175,763Expenses 2011: $1,061,728Net Income 2011: $114,0352011Revenue 2012: $1,246,983Expenses 2012: $1,177,565Net Income 2012: $69,4182012Revenue 2013: $1,155,871Expenses 2013: $1,253,654Net Income 2013: -$97,7832013Revenue 2014: $1,211,132Expenses 2014: $1,150,011Net Income 2014: $61,1212014Revenue 2015: $1,107,235Expenses 2015: $1,209,498Net Income 2015: -$102,2632015Revenue 2016: $1,191,540Expenses 2016: $1,313,657Net Income 2016: -$122,1172016Revenue 2017: $1,131,584Expenses 2017: $1,155,611Net Income 2017: -$24,0272017Revenue 2018: $2,387,235Expenses 2018: $2,177,023Net Income 2018: $210,2122018Revenue 2019: $2,090,682Expenses 2019: $2,069,109Net Income 2019: $21,5732019Revenue 2020: $1,357,236Expenses 2020: $1,620,335Net Income 2020: -$263,0992020Revenue 2021: $1,682,921Expenses 2021: $1,626,665Net Income 2021: $56,2562021Revenue 2022: $1,961,624Expenses 2022: $1,884,032Net Income 2022: $77,5922022Revenue 2023: $2,118,896Expenses 2023: $2,079,957Net Income 2023: $38,9392023Revenue 2024: $2,127,771Expenses 2024: $2,142,773Net Income 2024: -$15,0022024

Highlighted filing

2023

Revenue$2,118,896
Expenses$2,079,957
Net Income$38,939
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 3, 2024
Return Version
2023v5.1
Gross Receipts
$2,272,767
Mission and Program Overview

Mission

The george young recreational complex is organized exclusively for charitable purposes, including, for the purpose of lessening the burden on government, to provide public recreational facilities through the operation of a recreational complex for the benefit of the public. During the tax year the complex continued its recreational activities and expanded its indoor swimming program. It continued to sponsor cross country ski programs in the winter and hiking and golf related activities in the summer. It offers golf and driving range facilities open to the public at low or reduced costs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$208,014$265,584▲ $57,570
Inventories for Sale or Use$10,380$48,834▲ $38,454
Cash and Non-Interest-Bearing Accounts$65,066$17,600▼ $47,466
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$283,460$332,019▲ $48,559
Other Assets Total-$1-
Liabilities
Accounts Payable and Accrued Expenses$50,402$60,023▲ $9,621
Other Liabilities$1--
Total Liabilities$50,403$60,023▲ $9,620
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$233,057$271,996▲ $38,939
Total Net Assets Fund Balance$233,057$271,996▲ $38,939
Total Liabilities and Net Assets / Fund Balance$283,460$332,019▲ $48,559

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$250,193$1,046,070$1,296,263
Other Land Buildings$15,391$141,046$156,437
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jason RivardManagerFT$79,818$79,818

Board Members and Trustees

NameTitle
C Rick KentPresident
Ralph J Schindler JrVice President
Christine KentDirector
Jay JurecicDirector
Johnny WaaraDirector
Joyce ZieglerDirector
Jane E BortonSec/Treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$705,000
Program Service Revenue
$1,435,574
Investment Income
$0
Other Revenue
$-21,678
All Other Contributions
$5,000
Change in Net Assets
$38,939
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,121,316
Salaries, Compensation, and Employee Benefits$958,641
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$848,473$30,350-$878,823
All Other Expenses$479,181$32,710-$511,891
Other Expenses$72,061$18,015-$90,076
Depreciation Depletion$84,960--$84,960
Current Officers, Directors, Trustees, and Key Employees$79,818--$79,818
Total Functional Expenses$1,972,125$107,832$0$2,079,957
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the tax return was provided to the trustees of the young charity trust and to the directors and officers of the george young recreational complex for their review and comment prior to the filing of the tax return.

Form 990, Part VI, Section B, Line 15A

Compensation of the directors and the general manager is reviewed by the three trustees of the young charity trust. The three trustees are comprised of two individuals and a corporate trustee. Two individual trustee and the corporate trustee are independent and unrelated. This trust is a supporting charitable trust.

Form 990, Part VI, Section B, Line 15B

Compensation of officers, directors and staff is reviewed by the three trustees of the young charity trust. Of the three trustees, two are individuals and one is a corporate trustee. All of the individual trustees and the corporate trustee are independent and unrelated to any staff member.

Form 990, Part VI, Section C, Line 19

Governing documents were filed with original articles of incorporation of the george young recreational complex and are on file with the michigan department of commerce.

Filing and Contact Details

Filer

Filer Name
George Young Recreational Complex
EIN
38-2602972
Phone
9062653401
Address
159 Youngs Lane, IRON RIVER, MI 49920

Signing Officer

Name
C Rick Kent
Title
President
Signed
2024-10-03

Organization Details

Principal Officer
C Rick Kent
Formed
1984
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
3
Employees
90
Volunteers
35

Preparer

Firm
Archer Bookkeeping & Tax Service
Address
4943 W 63RD STREET, CHICAGO, IL 60638
Preparer
Ralph J Schindler Jr
Phone
2248282965
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

OTHER PROGRAM SERVICES 4: The Complex is located in a remote area of the Upper Pennisula of Michigan. It provides a limited menu of food and drinks to those engaging in activities at the complex including those who may be camping next door at Pentoga Park or renting the historic cabin located on the Complex premises. The golf course has a beverage cart that is staffed on weekends and during holidays. The dining/bar area provides refreshments to golfers, swimmers, hikers, cross-country skiers and others enjoying recreational activities at the complex or in the general area. OTHER PROGRAM SERVICES 5: The Complex has opened its historic log cabin overlooking Chicagoan Lake to the public for overnight rental. The historic cabin was the Summer home of George and Margaret Young. The cabin is located on the grounds of the complex. Rental of the cabin allows visitors to enjoy the other recreational activities available at the Complex. OTHER PROGRAM SERVICES 6: IN 2022 THE COMPLEX RECEIVED A GRANT FROM THE MYERS FOUNDATION FOR THE COST OF A TELESCOPE TO VIEW THE "DARK SKY" IN THE UPPER PENINSULA FROM THE COMPLEX. THE TELESCOPE HAS BEEN PURCHASED AND SET UP. THE COMPLEX HAS BEGUN LECTURES IN ASTRONOMY IN 2023 WITH A VOLUNTEER DOCENT.

Form 990, Part IX, Line 24E

Chemicals: Column (A) - Total = $68151; Column (B) - Program Services = $68151; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Entertainment: Column (A) - Total = $5281; Column (B) - Program Services = $4225; Column (C) - Management & General = $1056; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Food Costs-Bar: Column (A) - Total = $10368; Column (B) - Program Services = $10368; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Fuel & Lubrication: Column (A) - Total = $30612; Column (B) - Program Services = $30612; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Insurance: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Memberships: Column (A) - Total = $5009; Column (B) - Program Services = $4007; Column (C) - Management & General = $1002; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Other costs: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Purchased Services Rest: Column (A) - Total = $68917; Column (B) - Program Services = $68917; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Purchased Services-Bar: Column (A) - Total = $63554; Column (B) - Program Services = $63554; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Purchased Services-Golf: Column (A) - Total = $73663; Column (B) - Program Services = $58930; Column (C) - Management & General = $14733; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Supplies & Equip: Column (A) - Total = $3260; Column (B) - Program Services = $2608; Column (C) - Management & General = $652; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Supplies & Equip: Column (A) - Total = $32611; Column (B) - Program Services = $26089; Column (C) - Management & General = $6522; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Supplies & Material Bar: Column (A) - Total = $25222; Column (B) - Program Services = $25222; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Supplies & Materials--Cabins: Column (A) - Total = $34789; Column (B) - Program Services = $34789; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Supplies & Materials--Rest: Column (A) - Total = $18828; Column (B) - Program Services = $18828; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Supplies and Materials--Rec: Column (A) - Total = $43726; Column (B) - Program Services = $34981; Column (C) - Management & General = $8745; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Tournament Expense: Column (A) - Total = $27900; Column (B) - Program Services = $27900; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/GoverningBodyVotingMembersCnt07
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IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
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IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01187116
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IRS990/MissionDesc0THE GEORGE YOUNG RECREATIONAL COMPLEX IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES, INCLUDING, FOR THE PURPOSE OF LESSENING THE BURDEN ON GOVERNMENT, TO PROVIDE PUBLIC RECREATIONAL FACILITIES THROUGH THE OPERATION OF A RECREATIONAL COMPLEX FOR THE BENEFIT OF THE PUBLIC. DURING THE TAX YEAR THE COMPLEX CONTINUED ITS RECREATIONAL ACTIVITIES AND EXPANDED ITS INDOOR SWIMMING PROGRAM. IT CONTINUED TO SPONSOR CROSS COUNTRY SKI PROGRAMS IN THE WINTER AND HIKING AND GOLF RELATED ACTIVITIES IN THE SUMMER. IT OFFERS GOLF AND DRIVING RANGE FACILITIES OPEN TO THE PUBLIC AT LOW OR REDUCED COSTS.
IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesBOYAmt0233057
IRS990/NetAssetsOrFundBalancesEOYAmt0271996
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-21678
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-21678
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IRS990/OtherExpensesGrp/Desc0Food Costs
IRS990/OtherExpensesGrp/Desc1Purchased Services Rec
IRS990/OtherExpensesGrp/Desc2Beer Wine Beverage
IRS990/OtherExpensesGrp/Desc3Purchased Services--Complex
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026757
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt118015
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IRS990/OtherExpensesGrp/ProgramServicesAmt1107027
IRS990/OtherExpensesGrp/ProgramServicesAmt296021
IRS990/OtherExpensesGrp/ProgramServicesAmt372061
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IRS990/OtherExpensesGrp/TotalAmt1133784
IRS990/OtherExpensesGrp/TotalAmt296021
IRS990/OtherExpensesGrp/TotalAmt390076
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0878823
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0C RICK KENT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Cabin Rental
IRS990/ProgramServiceRevenueGrp/Desc1Food and Beverage
IRS990/ProgramServiceRevenueGrp/Desc2Golfing Activities
IRS990/ProgramServiceRevenueGrp/Desc3Skiing Activities
IRS990/ProgramServiceRevenueGrp/Desc4Swimming Activities
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt067491
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1746328
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2614188
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31559
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt46008
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1746328
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2614188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31559
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt46008
IRS990/ProgSrvcAccomActy2Grp/Desc0THE COMPLEX PROVIDES A DAILY FEE AND ANNUAL FEE GOLF COURSE AND DRIVING RANGE OPEN TO THE PUBLIC. THE COURSE HOSTS MANY CHARITABLE GOLF OUTINGS FOR THE COMMUNITY INCLUDING THE UPPER PENNISULA AMATURE GOLF TOURNAMENT AND VARIOUS LOCAL AND REGIONAL HIGH SCHOOL TOURNAMENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0787432
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0280000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0614188
IRS990/ProgSrvcAccomActy3Grp/Desc0The Complex has opened its historic log cabin overlooking Chicagoan Lake to the public for overnight rental. The historic cabin was the Summer home of George and Margaret Young. The cabin is located on the grounds of the complex. Rental of the cabin allows visitors to enjoy the other recreational activities available at the Complex.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0105602
IRS990/ProgSrvcAccomActy3Grp/GrantAmt050000
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt067491
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01069952
IRS990/PYOtherRevenueAmt0-858
IRS990/PYProgramServiceRevenueAmt01238060
IRS990/PYRevenuesLessExpensesAmt077592
IRS990/PYSalariesCompEmpBnftPaidAmt0814080
IRS990/PYTotalExpensesAmt01884032
IRS990/PYTotalRevenueAmt01961624
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IRS990/RevenueAmt0746328
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02836112
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06334743
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01296263
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015391
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: The Complex is located in a remote area of the Upper Pennisula of Michigan. It provides a limited menu of food and drinks to those engaging in activities at the complex including those who may be camping next door at Pentoga Park or renting the historic cabin located on the Complex premises. The golf course has a beverage cart that is staffed on weekends and during holidays. The dining/bar area provides refreshments to golfers, swimmers, hikers, cross-country skiers and others enjoying recreational activities at the complex or in the general area. OTHER PROGRAM SERVICES 5: The Complex has opened its historic log cabin overlooking Chicagoan Lake to the public for overnight rental. The historic cabin was the Summer home of George and Margaret Young. The cabin is located on the grounds of the complex. Rental of the cabin allows visitors to enjoy the other recreational activities available at the Complex. OTHER PROGRAM SERVICES 6: IN 2022 THE COMPLEX RECEIVED A GRANT FROM THE MYERS FOUNDATION FOR THE COST OF A TELESCOPE TO VIEW THE "DARK SKY" IN THE UPPER PENINSULA FROM THE COMPLEX. THE TELESCOPE HAS BEEN PURCHASED AND SET UP. THE COMPLEX HAS BEGUN LECTURES IN ASTRONOMY IN 2023 WITH A VOLUNTEER DOCENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE TAX RETURN WAS PROVIDED TO THE TRUSTEES OF THE YOUNG CHARITY TRUST AND TO THE DIRECTORS AND OFFICERS OF THE GEORGE YOUNG RECREATIONAL COMPLEX FOR THEIR REVIEW AND COMMENT PRIOR TO THE FILING OF THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF THE DIRECTORS AND THE GENERAL MANAGER IS REVIEWED BY THE THREE TRUSTEES OF THE YOUNG CHARITY TRUST. THE THREE TRUSTEES ARE COMPRISED OF TWO INDIVIDUALS AND A CORPORATE TRUSTEE. TWO INDIVIDUAL TRUSTEE AND THE CORPORATE TRUSTEE ARE INDEPENDENT AND UNRELATED. THIS TRUST IS A SUPPORTING CHARITABLE TRUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF OFFICERS, DIRECTORS AND STAFF IS REVIEWED BY THE THREE TRUSTEES OF THE YOUNG CHARITY TRUST. OF THE THREE TRUSTEES, TWO ARE INDIVIDUALS AND ONE IS A CORPORATE TRUSTEE. ALL OF THE INDIVIDUAL TRUSTEES AND THE CORPORATE TRUSTEE ARE INDEPENDENT AND UNRELATED TO ANY STAFF MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS WERE FILED WITH ORIGINAL ARTICLES OF INCORPORATION OF THE GEORGE YOUNG RECREATIONAL COMPLEX AND ARE ON FILE WITH THE MICHIGAN DEPARTMENT OF COMMERCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Chemicals: Column (A) - Total = $68151; Column (B) - Program Services = $68151; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Entertainment: Column (A) - Total = $5281; Column (B) - Program Services = $4225; Column (C) - Management & General = $1056; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Food Costs-Bar: Column (A) - Total = $10368; Column (B) - Program Services = $10368; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Fuel & Lubrication: Column (A) - Total = $30612; Column (B) - Program Services = $30612; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Insurance: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Memberships: Column (A) - Total = $5009; Column (B) - Program Services = $4007; Column (C) - Management & General = $1002; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Other costs: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Purchased Services Rest: Column (A) - Total = $68917; Column (B) - Program Services = $68917; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Purchased Services-Bar: Column (A) - Total = $63554; Column (B) - Program Services = $63554; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Purchased Services-Golf: Column (A) - Total = $73663; Column (B) - Program Services = $58930; Column (C) - Management & General = $14733; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Supplies & Equip: Column (A) - Total = $3260; Column (B) - Program Services = $2608; Column (C) - Management & General = $652; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Supplies & Equip: Column (A) - Total = $32611; Column (B) - Program Services = $26089; Column (C) - Management & General = $6522; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Supplies & Material Bar: Column (A) - Total = $25222; Column (B) - Program Services = $25222; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.30$0.04$0.26$2.13$2.14$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.33$0.06$0.27$2.12$2.08$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.28$0.05$0.23$1.96$1.88$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$1.68$1.63$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.36$1.62$0.26
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.36$2.09$2.07$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.04$0.36$2.39$2.18$0.21
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.15$1.13$1.16$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.19$0.02$0.17$1.19$1.31$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.01$0.29$1.11$1.21$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.01$0.40$1.21$1.15$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$1.16$1.25$0.10
2012Summary only. Only limited summary data is available for this year.$0.45$0.00$0.45$1.25$1.18$0.07
2011Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$1.18$1.06$0.11