Mcgee's Crossroads Recreational Club Inc
Nonprofit profile at a glance
- EIN
- 561152419
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990 2016, Form 990-EZ 2024
- Location
- Garner, NC, USA
- Phone
- 9192152760
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $141,487
- Expenses
- $109,677
- Assets
- $124,754
- Liabilities
- $2,795
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- TAYLOR WAITT (PRESIDENT)
People named in this filing
- CHUCK GIBBS (VICE PRESIDE)
- JEFF AVEDON (DIRECTOR)
- CANDACE MAY (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide recreation for members
What it reported doing in 2024
Recreational facility-swimming pool and tennis courts; provide pleasure and recreation for members & their guests; may-sept; 7 days per week; 220 member families; approximately 220 individual guests per year
Operating model
- Revenue model
- Membership-supported. 99% of the money available for current operations came from membership dues.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 82
- Sustainability: 67
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.3%; rating input score 77
- Program expense ratio: 99.6%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 22.5%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 1.14; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 1.9% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: -3.6% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 77.3% of revenue deployed · 99.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $109K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- 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.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.