Troy Recreation Assn Inc
- Assets
- $396.1k
- Revenue
- $485.6k
- Investments
- $0.0
- Employees
- 22
- Location
- Troy, OH
- Founding
- 09/1953
- Data as of
- 12/2022
- EIN
- 31-0579679
Organization Overview
Troy Recreation Assn Inc is located in Troy, OH. The organization was established in 1953. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Troy Recreation Assn Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Troy Recreation Assn Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Troy Recreation Assn Inc generated $485.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $474.7k during the year ending 12/2022. While expenses have increased by 12.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A RECREATIONAL AND SOCIAL ENVIRONMENT FOR THE CITIZENS OF TROY WITH THE PRIMARY EMPHASIS ON YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TROY REC CONTINUES TO PROVIDE THE YOUTH OF TROY PROGRAMS AND A FACILITY THAT WILL HELP THEM IN THEIR GROWTH AND DEVELOPMENT IN LEADERSHIP AND VOLUNTEERISM. THE ORGANIZATION PROVIDED SERVICES TO AN AVERAGE OF 90 SIXTH THRU TWELFTH GRADERS DAILY (A 25% INCREASE OVER THE PREVIOUS YEAR), 50 KINDERGARTEN THRU FIFTH GRADERS DAILY, 56 PRESCHOOLERS, LUNCH BUDDY SERVICES TO 52 CHILDREN, INDOOR SOCCER FOR 120 CHILDREN, AND VARIOUS COMMUNITY ACTIVITIES THROUGHOUT THE YEAR. WE HAVE GREATLY INCREASED THE USAGE AND TRAFFIC THROUGHOUT OUR BUILDING AND WILL STRIVE TO MAINTAIN THIS HIGH DEMAND. OUR WEEKEND BAG OF SUPPLEMENTAL FOOD HAS BEEN IN PLACE FOR THREE YEARS AND DURING THE PANDEMIC WE GREW THAT PROGRAM TO BE OPEN TO ANY FAMILY IN MIAMI COUNTY WITH CHILDREN THAT HAD A NEED FOR FOOD SUPPORT. OUR FACILITY IS AN EXCELLENT RESOURCE FOR COMMUNITY GROUPS. MANY COMMUNITY GROUPS USE THE BUILDING AS A MEETING PLACE, INCLUDING: GIRL SCOUTS, CUB SCOUTS, BOY SCOUTS, TROY HIGH SCHOOL BAND, CISV, MIAMI COUNTY LOCAL FOOD COUNCIL, MAYOR'S YOUTH COUNCIL, TROY POP ROCKS, PRIVATE PARTIES FOR BIRTHDAYS, SPORTS TEAMS, CHURCH GROUPS, AND FAMILY GATHERINGS. THESE PROGRAMS/ACTIVITIES PROVIDE THE PARTICIPANTS OPPORTUNITIES FOR GROWTH, INTERACTION, AND FELLOWSHIP. THE REC IS A SAFE SPACE FOR ALL PARTICIPANTS, AND THE REC EXPERIENCES HELP INDIVIDUALS DEVELOP A SENSE OF COMMUNITY AND BELONGING. THE REC HAS BEEN SERVING THE TROY COMMUNITY, ESPECIALLY YOUTH, FOR OVER 82 YEARS, AND THAT TRADITION CONTINUED IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mona Anderson Treasurer | OfficerTrustee | 1 | $0 |
Alexis Dedrick Director | Trustee | 1 | $0 |
Katrina Krites President | OfficerTrustee | 1 | $0 |
Greg Morefield Director | Trustee | 1 | $0 |
Alli Schiffer Secretary | OfficerTrustee | 1 | $0 |
Erin Scott Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $227,171 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,171 |
| Total Program Service Revenue | $184,679 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $37,649 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $485,609 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $198,690 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,714 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,732 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,296 |
| Insurance | $2,576 |
| All other expenses | $0 |
| Total functional expenses | $474,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,308 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,533 |
| Net Land, buildings, and equipment | $282,268 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $396,109 |
| Accounts payable and accrued expenses | $17,163 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,163 |
| Net assets without donor restrictions | $336,278 |
| Net assets with donor restrictions | $42,668 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $396,109 |