George Young Recreational Complex
Nonprofit profile at a glance
- EIN
- 382602972
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Iron River, MI, USA
- Phone
- 9062653401
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,127,771
- Expenses
- $2,142,773
- Assets
- $295,835
- Liabilities
- $38,841
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- C RICK KENT (President)
- RALPH J SCHINDLER JR (Vice President)
Highest reported compensation
- Jason Rivard (Manager): $88,793 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
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 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 with free golf for those under the age of 18. During the year it also offered four free community events: halloween, lunch with santa, winterfest and the easter egg hunt. The complex also offers a free meeting place for fellow not for profit orzanizations.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Earned-program. 71% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 92
- Accountability: 56
- Sustainability: 29
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 95
- Program expense ratio: 94.8%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 55.6%; rating input score 56; 9th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.7%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 4.1%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 6.7% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 5.9% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: -2.3% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 95.5% of revenue deployed · 94.8% of spending went to programs
- Governance: 5 of 9 board members independent · 4 of 7 filing controls reported
- Programs: 5 filed program accomplishments · $2M in reported program spending
- Leadership: top reported pay $89K · 10 people listed
- Consistency: 17 of 18 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Independent voting board scored 56/100.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.