HUNGARY CREEK RECREATION ASSOCIATION INC

EIN: 540829262

HENRICO, VA

Total Revenue
$360,262
Total Expenses
$372,795
Total Assets
$438,386
Net Assets
$365,977
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
VA
Principal Officer
SHERI POLYCHRONES
Phone
8042704892
Tax Period
2023-01-01 to 2023-12-31

HUNGARY CREEK RECREATION ASSOCIATION INC, founded in 1964, is a small nonprofit that reported $360K in total revenue in fiscal year 2023.

Mission

TO PROVIDE OUTDOOR RECREATIONAL FACILITIES AND ACTIVITIES FOR MEMBER FAMILIES TO SOCIALIZE IN A FRIENDLY, COMMUNITY ATMOSPHERE.

Program Service Accomplishments

Program 1
Expenses: $262,455

TO PROVIDE OUTDOOR RECREATIONAL FACILITIES AND ACTIVITIES FOR 500 MEMBER FAMILIES. THE ORGANIZATION PROVIDES OPPORTUNITIES FOR FAMILIES TO SWIM, PLAY TENNIS, PLAY VOLLEYBALL AND SPEND QUALITY TIME...

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TO PROVIDE OUTDOOR RECREATIONAL FACILITIES AND ACTIVITIES FOR 500 MEMBER FAMILIES. THE ORGANIZATION PROVIDES OPPORTUNITIES FOR FAMILIES TO SWIM, PLAY TENNIS, PLAY VOLLEYBALL AND SPEND QUALITY TIME TOGETHER. THE FACILITY HAS OUTDOOR SWIMMING POOLS, TENNIS COURTS, SAND VOLLEYBALL COURT, BASKETBALL COURT, SWINGS AND A COVERED PICNIC AREA WITH A GRILL. THE ORGANIZATION ALSO HAS A SMALL CONCESSION STAND TO PROVIDE REFRESHMENTS WHILE MEMBERS ARE USING THE FACILITIES. THE POOLS AND CONCESSION STAND ARE OPEN DAILY FROM MEMORIAL DAY WEEKEND THROUGH LABOR DAY.

Program 2
Expenses: $13,349

SWIM TEAM PROVIDES AN OPPORTUNTIY TO PARTICIPATE IN AN ACTIVITY THAT PROMOTES TEAMWORK AND SPORTSMANSHIP.

Program 3
Expenses: $1,995

DIVE TEAM PROVIDES AN OPPORTUNITY FOR CHILDREN TO PARTICIPATE IN AN ACTIVITY THAT PROMOTES TEAMWORK AND SPORTSMANSHIP.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $287,118
Program Service Revenue $48,480
Investment Income $247
Other Revenue $24,417
TOTAL REVENUE $360,262

Expense Breakdown

Grants Paid $0
Salaries & Benefits $182,913
Fundraising Expenses $0
Program Expenses $277,799
Other Expenses $189,882
TOTAL EXPENSES $372,795

Year-over-Year Comparison

2023 2022 Change
Revenue $360,262 $368,044 0.0%
Expenses $372,795 $360,801 +0.0%
Net Income $-12,533 $7,243 -2.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
36
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$16,500
Total Directors
15
$16,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERRY KLOECKER PRESIDENT 5.00
Officer Director
$0 $0 $0
KRISTIE LANCTO VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SHERI POLYCHRONES TREASURER 16.00
Officer Director
$16,500 $0 $16,500
ALEETA LEHTINEN SECRETARY 1.00
Officer Director
$0 $0 $0
BRAD FRANKLIN DIRECTOR 1.00
Director
$0 $0 $0
JOANNA METZ DIRECTOR 1.00
Director
$0 $0 $0
MELISSA ALBANS DIRECTOR 1.00
Director
$0 $0 $0
MINDY CLOYES DIRECTOR 1.00
Director
$0 $0 $0
TAMMY DAVIS DIRECTOR 1.00
Director
$0 $0 $0
STACEY BEARDSLEY DIRECTOR 1.00
Director
$0 $0 $0
ANGEL MOYER DIRECTOR 1.00
Director
$0 $0 $0
SHENA SIKORA DIRECTOR 1.00
Director
$0 $0 $0
MELISSA BLACKBURN DIRECTOR 1.00
Director
$0 $0 $0
MARK BEAGLE DIRECTOR 1.00
Director
$0 $0 $0
KELLI SHONTS DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $360,262 $372,795 $438,386 $-12,533
2022 $368,044 $360,801 $473,373 $7,243
2021 $343,235 $325,318 $486,588 $17,917
2020 $245,604 $261,148 $377,722 $-15,544
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