GEORGE K BOWLING COMMUNITY PARK INC

EIN: 610945479 501(c)(3) Human Services

EDMONTON, KY

Total Revenue
$518,035
Total Expenses
$617,108
Total Assets
$1,327,405
Net Assets
$1,319,198
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
KY
Principal Officer
LISA BOSWELL
Phone
2704327204
Tax Period
2024-01-01 to 2024-12-31

GEORGE K BOWLING COMMUNITY PARK INC, founded in 1978, is a small nonprofit in the Human Services sector that reported $518K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $617K exceeded revenue, resulting in a 19% operating deficit.

Mission

GEORGE K. BOWLING COMMUNITY PARK, INC. WAS INCORPORATED UNDER THE LAWS OF KENTUCKY AS A NOT-FOR-PROFIT CORPORATION ON OCTOBER 20, 1978 FOR THE CHARITABLE PURPOSE OF PROVIDING A RECREATIONAL OUTLET FOR APPROXIMATELY 14,700 CITIZENS IN AND AROUND METCALFE COUNTY, KENTUCKY, AN AREA WHERE 24% LIVE AT OR BELOW THE POVERTY LEVEL.CITIZENS CAN PARTICIPATE IN ACTIVITIES SUCH AS BASKETBALL, TENNIS, SOCCER, AND SOFTBALL, AMONG OTHERS. THE COMMUNITY CENTER IS A MULTI-PURPOSE FACILITY AVAILABLE TO RESIDENTS OF METCALFE COUNTY FOR EVENTS SUCH AS PUBLIC MEETINGS, SOCIAL FUNTIONS, RECEPTIONS, ETC.

Program Service Accomplishments

Program 1
Expenses: $334,000 Revenue: $133,063

THE COMMUNITY CENTER IS A FACILITY AVAILABLE TO RESIDENTS OF METCALFE COUNTY AND CAN BE USED FOR A VARIETY OF EVENTS.

Program 2
Expenses: $76,674

THE VILLAGE SHOP PROVIDES GOOD QUALITY NEW AND USED CLOTHING AND HOUSEHOLD ITEMS. THESE ITEMS ARE AVAILABLE FOR PURCHASE AT AN AFFORDABLE PRICE OR CAN BE PURCHASED THROUGH A WORK EXCHANGE PROGRAM.

Program 3
Expenses: $34,194

THE FITNESS CENTER OFFERS A PLACE FOR RESIDENTS TO IMPROVE PHYSICAL FITNESS WITH EMPHASIS ON THE CARDIOVASCULAR SYSTEM. FITNESS CENTER FEES ARE CONTINGENT UPON THE INCOME OF INDIVIDUALS INTERESTED...

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THE FITNESS CENTER OFFERS A PLACE FOR RESIDENTS TO IMPROVE PHYSICAL FITNESS WITH EMPHASIS ON THE CARDIOVASCULAR SYSTEM. FITNESS CENTER FEES ARE CONTINGENT UPON THE INCOME OF INDIVIDUALS INTERESTED, OR MEMBERS CAN PARTICIPATE IN A WORK EXCHANGE PROGRAM FOR USE OF THE CENTER.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,467
Program Service Revenue $49,097
Investment Income $3,046
Other Revenue $462,425
TOTAL REVENUE $518,035

Expense Breakdown

Grants Paid $38,632
Salaries & Benefits $326,098
Fundraising Expenses $0
Program Expenses $444,868
Other Expenses $252,378
TOTAL EXPENSES $617,108

Year-over-Year Comparison

2024 2023 Change
Revenue $518,035 $628,668 -0.2%
Expenses $617,108 $733,427 -0.2%
Net Income $-99,073 $-104,759 -0.1%
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
7
Independent Members
5
Employees
8
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
5
$115,974
Total Directors
5
$70,877
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIM SMITH PRESIDENT 1.00
Officer Director
$0 $0 $0
CATHY JESSIE SECRETARY 1.00
Officer Director
$0 $0 $0
LISA BOSWELL EXECUTIVE DIRECTOR 40.00
Officer Director
$70,877 $0 $70,877
STEVE SCHOLAR DIRECTOR 1.00
Director
$0 $0 $0
JOHN FROEHLICH DIRECTOR 1.00
Director
$0 $0 $0
HOLLY COLEMAN VICE PRESIDENT 1.00
Officer
$0 $0 $0
WINSTON HARBISON TREASURER 40.00
Officer
$45,097 $0 $45,097
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
2025 No data No data No data No data
2024 $518,035 $617,108 $1,327,405 $-99,073
2023 $628,668 $733,427 $1,460,535 $-104,759
2022 $794,919 $680,978 $1,559,862 $113,941
2021 $696,778 $482,982 $1,463,364 $213,796
2020 $372,407 $489,901 $1,258,133 $-117,494
2019 $596,718 $576,957 $1,389,194 $19,761
2018 $539,795 $515,413 $1,382,138 $24,382
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