Civic Intelligence

Segregansett Country Club Inc

EIN 04-1819560 • 501(c)7 • Taunton, MA

Profile

Operation of golf course, carts, greens and property, lounge and kitchen, and clubhouse for the pleasure of members and their guests

85 Gulliver StreetTaunton, MA 02780-1646

www.segregansett.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.07x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

1.20x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

44th percentile

3.7%

Higher net margin than 44% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Asset Growth

82nd percentile

13%

Faster asset growth than 82% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

6.3%

Faster revenue growth than 52% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,776,247

Up $313,872 (+13%) from 2023

Liabilities

Up

$2,965,542

Up $221,318 (+8.1%) from 2023

Net Assets

Up

-$189,295

Up $92,554 (+33%) from 2023

Revenue

Up

$2,472,078

Up $146,279 (+6.3%) from 2023

Expenses

Up

$2,379,524

Up $250,719 (+12%) from 2023

Net Income

Down

$92,554

Down $104,440 (-53%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$2.0M$0-$2.0MAssets 2011: $1,732,994Liabilities 2011: $1,880,066Net Assets 2011: -$147,0722011Assets 2012: $1,195,689Liabilities 2012: $1,445,347Net Assets 2012: -$249,6582012Assets 2013: $1,407,688Liabilities 2013: $1,911,879Net Assets 2013: -$504,1912013Assets 2014: $1,399,752Liabilities 2014: $2,097,635Net Assets 2014: -$697,8832014Assets 2015: $1,278,331Liabilities 2015: $2,153,711Net Assets 2015: -$875,3802015Assets 2016: $1,184,037Liabilities 2016: $2,131,532Net Assets 2016: -$947,4952016Assets 2017: $1,022,664Liabilities 2017: $1,989,782Net Assets 2017: -$967,1182017Assets 2018: $964,273Liabilities 2018: $1,945,939Net Assets 2018: -$981,6662018Assets 2019: $950,427Liabilities 2019: $2,008,092Net Assets 2019: -$1,057,6652019Assets 2020: $1,004,254Liabilities 2020: $1,960,206Net Assets 2020: -$955,9522020Assets 2022: $2,132,371Liabilities 2022: $2,611,214Net Assets 2022: -$478,8432022Assets 2023: $2,462,375Liabilities 2023: $2,744,224Net Assets 2023: -$281,8492023Assets 2024: $2,776,247Liabilities 2024: $2,965,542Net Assets 2024: -$189,2952024

Highlighted filing

2024

Assets$2,776,247
Liabilities$2,965,542
Net Assets-$189,295

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,734,880Expenses 2011: $1,883,181Net Income 2011: -$148,3012011Revenue 2012: $1,034,898Expenses 2012: $1,137,484Net Income 2012: -$102,5862012Revenue 2013: $1,418,502Expenses 2013: $1,673,035Net Income 2013: -$254,5332013Revenue 2014: $1,548,638Expenses 2014: $1,742,331Net Income 2014: -$193,6932014Revenue 2015: $1,540,660Expenses 2015: $1,718,160Net Income 2015: -$177,5002015Revenue 2016: $1,566,560Expenses 2016: $1,638,674Net Income 2016: -$72,1142016Revenue 2017: $1,625,452Expenses 2017: $1,645,075Net Income 2017: -$19,6232017Revenue 2018: $1,599,856Expenses 2018: $1,614,404Net Income 2018: -$14,5482018Revenue 2019: $1,559,239Expenses 2019: $1,635,238Net Income 2019: -$75,9992019Revenue 2020: $1,433,101Expenses 2020: $1,331,388Net Income 2020: $101,7132020Revenue 2022: $2,226,288Expenses 2022: $1,992,929Net Income 2022: $233,3592022Revenue 2023: $2,325,799Expenses 2023: $2,128,805Net Income 2023: $196,9942023Revenue 2024: $2,472,078Expenses 2024: $2,379,524Net Income 2024: $92,5542024

Highlighted filing

2024

Revenue$2,472,078
Expenses$2,379,524
Net Income$92,554

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 18, 2024
Return Version
2023v5.1
Gross Receipts
$2,472,078
Mission and Program Overview

Mission

Operation of golf course, carts, greens and property, lounge and kitchen, and clubhouse for the pleasure of members and their guests

The organization's exempt purpose is for the pleasure and recreation of it's member through the operation of a golf course, including the course, golf carts, clubhouse, kitchen and lounge

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,281,578$1,538,253▲ $256,675
Land, Buildings, and Equipment, Net$735,089$884,983▲ $149,894
Accounts Receivable$375,127$270,512▼ $104,615
Prepaid Expenses and Deferred Charges$55,164$60,079▲ $4,915
Inventories for Sale or Use$15,417$22,420▲ $7,003
Total Assets$2,462,375$2,776,247▲ $313,872
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,731,421$1,785,799▲ $54,378
Deferred Revenue$901,782$1,030,039▲ $128,257
Accounts Payable and Accrued Expenses$102,306$140,989▲ $38,683
Other Liabilities$8,715$8,715→ $0
Total Liabilities$2,744,224$2,965,542▲ $221,318
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-281,849$-189,295▲ $92,554
Total Net Assets Fund Balance$-281,849$-189,295▲ $92,554
Total Liabilities and Net Assets / Fund Balance$2,462,375$2,776,247▲ $313,872

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$245,504$1,406,100-
Other Land Buildings$128,342$1,493,105-
Land$213,244--
Equipment$297,893$871,545-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christopher BlakeDirector
Gary PalmerDirector
James RoseDirector
Matt CombsDirector
Michael HoffmanDirector
Peter HamilDirector
Paul RiendeauPreseident
Daniel RileySecretary
Jonathan LangfieldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,347,772
Program Service Revenue
$1,124,306
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$92,554
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,279,589
Salaries, Compensation, and Employee Benefits$1,099,935
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$738,391$146,776-$885,167
Occupancy$305,336$7,296-$312,632
Payroll Taxes$145,364$16,213-$161,577
Office Expenses$13,763$111,833-$125,596
Depreciation Depletion$105,523--$105,523
Interest$78,877--$78,877
Other Employee Benefits$36,228$16,963-$53,191
Insurance$51,467--$51,467
Information Technology$19,489--$19,489
Other Expenses$7,140--$7,140
Fees for Services Accounting-$4,470-$4,470
All Other Expenses$3,090$325-$3,415
Advertising$300--$300
Total Functional Expenses$2,075,648$303,876$0$2,379,524
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bonds to Members and Former Members$8,715
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members, each of whom has an ownership interest

Form 990, Part VI, Section A, Line 7A

The members elect the board of governors at the annual meeting

Form 990, Part VI, Section A, Line 7B

The board of governors is responsible for management, finances,and property of the club. Certain decisions require approval of the members.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the secretary and is available to the board prior to filing

Form 990, Part VI, Section C, Line 19

Governing and financial documents are available upon request

Filing and Contact Details

Filer

Filer Name
Segregansett Country Club Inc
EIN
04-1819560
Phone
5088249110
Address
85 GULLIVER STREET, TAUNTON, MA 02780-1646

Signing Officer

Name
Jonathan Langfield
Title
Treasurer
Phone
6178510533
Signed
2024-11-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Riendeau
Formed
1899
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
93
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
4 BATTERMARCH PARK SUITE 100, QUINCY, MA 02169
Preparer
Jonathan Langfield
Phone
7819821001
Raw XML Appendix378 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYContributionsGrantsAmt01087616
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01136657
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01238183
IRS990/PYRevenuesLessExpensesAmt0196994
IRS990/PYSalariesCompEmpBnftPaidAmt0992148
IRS990/PYTotalExpensesAmt02128805
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02325799
IRS990/ReconcilationRevenueExpnssAmt092554
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0162775
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0245504
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01406100
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01651604
IRS990ScheduleD/EquipmentGrp/BookValueAmt0297893
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0871545
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01169438
IRS990ScheduleD/LandGrp/BookValueAmt0213244
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0213244
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0128342
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01493105
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01621447
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08715
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BONDS TO MEMBERS AND FORMER MEMBERS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0884983
IRS990ScheduleD/TotalLiabilityAmt08715
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS, EACH OF WHOM HAS AN OWNERSHIP INTEREST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE BOARD OF GOVERNORS AT THE ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF GOVERNORS IS RESPONSIBLE FOR MANAGEMENT, FINANCES,AND PROPERTY OF THE CLUB. CERTAIN DECISIONS REQUIRE APPROVAL OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE SECRETARY AND IS AVAILABLE TO THE BOARD PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING AND FINANCIAL DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02462375
IRS990/TotalAssetsEOYAmt02776247
IRS990/TotalAssetsGrp/BOYAmt02462375
IRS990/TotalAssetsGrp/EOYAmt02776247
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01347772
IRS990/TotalEmployeeCnt093
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0303876
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02075648
IRS990/TotalFunctionalExpensesGrp/TotalAmt02379524
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02744224
IRS990/TotalLiabilitiesEOYAmt02965542
IRS990/TotalLiabilitiesGrp/BOYAmt02744224
IRS990/TotalLiabilitiesGrp/EOYAmt02965542
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-281849
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-189295
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02075648
IRS990/TotalProgramServiceRevenueAmt01124306
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01124306
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02472078
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02462375
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02776247
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt085 GULLIVER STREET
IRS990/USAddress/CityNm0TAUNTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd0027801646
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.SEGREGANSETT.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JONATHAN LANGFIELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06178510533
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SEGREGANSETT COUNTRY CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0SEGR
ReturnHeader/Filer/EIN0041819560
ReturnHeader/Filer/PhoneNum05088249110
ReturnHeader/Filer/USAddress/AddressLine1Txt085 GULLIVER STREET
ReturnHeader/Filer/USAddress/CityNm0TAUNTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0027801646
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04 BATTERMARCH PARK SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0QUINCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002169
ReturnHeader/PreparerPersonGrp/PhoneNum07819821001
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN LANGFIELD
ReturnHeader/ReturnTs02024-11-18T08:58:45-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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