Civic Intelligence

Winthrop Golf Club

990 • Fiscal year 2017 • EIN 04-1980880

Nov 01, 2016 to Oct 31, 2017 • Filed on Sep 17, 2018

453 Main StreetWinthrop, MA 02152

(617) 846-9775

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.19x

Higher debt load relative to assets than 64% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

37th percentile

0.02x

Higher debt load relative to revenue than 37% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2017

Net Margin

27th percentile

-2.0%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2017 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2017

Asset Growth

8th percentile

-12%

Faster asset growth than 8% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

84th percentile

20%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$71,555

Down $9,842 (-12%) from 2016

Net Assets

Down

$58,271

Down $16,389 (-22%) from 2016

Liabilities

Up

$13,284

Up $6,547 (+97%) from 2016

Revenue

Up

$810,350

Up $132,519 (+20%) from 2016

Expenses

Up

$826,739

Up $184,471 (+29%) from 2016

Net Income

Down

-$16,389

Down $51,952 (-146%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2010: $387,970Liabilities 2010: $32,313Net Assets 2010: $355,6572010Assets 2011: $286,947Liabilities 2011: $30,824Net Assets 2011: $256,1232011Assets 2012: $174,768Liabilities 2012: $2,335Net Assets 2012: $172,4332012Assets 2013: $154,170Liabilities 2013: $1,070Net Assets 2013: $153,1002013Assets 2014: $123,711Liabilities 2014: $33,023Net Assets 2014: $90,6882014Assets 2015: $94,113Liabilities 2015: $55,016Net Assets 2015: $39,0972015Assets 2016: $81,397Liabilities 2016: $6,737Net Assets 2016: $74,6602016Assets 2017: $71,555Liabilities 2017: $13,284Net Assets 2017: $58,2712017Assets 2018: $40,589Liabilities 2018: $18,959Net Assets 2018: $21,6302018Assets 2019: $14,480Liabilities 2019: $17,513Net Assets 2019: -$3,0332019Assets 2020: $218,161Liabilities 2020: $195,352Net Assets 2020: $22,8092020Assets 2021: $241,170Liabilities 2021: $389,919Net Assets 2021: -$148,7492021Assets 2022: $443,829Liabilities 2022: $555,449Net Assets 2022: -$111,6202022Assets 2023: $607,843Liabilities 2023: $722,028Net Assets 2023: -$114,1852023Assets 2024: $472,118Liabilities 2024: $697,210Net Assets 2024: -$225,0922024

Highlighted filing

2017

Assets$71,555
Liabilities$13,284
Net Assets$58,271

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $598,0362010Expenses 2011: $653,9862011Revenue 2012: $586,895Expenses 2012: $670,585Net Income 2012: -$83,6902012Revenue 2013: $542,228Expenses 2013: $561,561Net Income 2013: -$19,3332013Revenue 2014: $584,159Expenses 2014: $646,571Net Income 2014: -$62,4122014Revenue 2015: $635,834Expenses 2015: $687,425Net Income 2015: -$51,5912015Revenue 2016: $677,831Expenses 2016: $642,268Net Income 2016: $35,5632016Revenue 2017: $810,350Expenses 2017: $826,739Net Income 2017: -$16,3892017Revenue 2018: $828,754Expenses 2018: $865,395Net Income 2018: -$36,6412018Revenue 2019: $537,794Expenses 2019: $608,939Net Income 2019: -$71,1452019Revenue 2020: $788,837Expenses 2020: $762,995Net Income 2020: $25,8422020Revenue 2021: $1,062,773Expenses 2021: $1,061,741Net Income 2021: $1,0322021Revenue 2022: $1,334,333Expenses 2022: $1,295,170Net Income 2022: $39,1632022Revenue 2023: $1,631,807Expenses 2023: $1,598,102Net Income 2023: $33,7052023Revenue 2024: $1,516,539Expenses 2024: $1,627,446Net Income 2024: -$110,9072024

Highlighted filing

2017

Revenue$810,350
Expenses$826,739
Net Income-$16,389
Jump To
Filing Snapshot
Filing Period
Nov 1, 2016 to Oct 31, 2017
Signed
Sep 17, 2018
Return Version
2016v3.0
Gross Receipts
$810,350
Mission and Program Overview

Mission

The purpose of this organiation is to promote, develop, and voluntarily assist in all lawful ways the game of golf and to provide a golf facility to its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$74,660$58,271▼ $16,389
Land, Buildings, and Equipment, Net$70,720$47,350▼ $23,370
Cash and Non-Interest-Bearing Accounts$10,630$18,016▲ $7,386
Loans From Officers Directors$6,500$6,500→ $0
Prepaid Expenses and Deferred Charges-$3,999-
Other Notes and Loans Receivable, Net$36$2,190▲ $2,154
Savings and Temporary Cash Investments$11--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$81,397$71,555▼ $9,842
Liabilities
Unsecured Notes Loans Payable-$4,382-
Accounts Payable and Accrued Expenses$237$2,402▲ $2,165
Total Liabilities$6,737$13,284▲ $6,547
Net Assets / Fund Balance
Total Net Assets Fund Balance$74,660$58,271▼ $16,389
Total Liabilities and Net Assets / Fund Balance$81,397$71,555▼ $9,842

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$312,232$312,232
Leasehold Improvements$39,313$250,213$289,526
Buildings$8,037$52,990$61,027
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph FerraraPresident
Rob NoonanVice President
Bob KatzBoard of Governors
Dave CohenBoard of Governors
John DelucaBoard of Governors
John TippingBoard of Governors
Mike AdamsonBoard of Governors
Paul FerraraBoard of Governors
Paul HaganBoard of Governors
Peter LyonsBoard of Governors
Rich BoudrowBoard of Governors
Silvio PetragliaBoard of Governors
Tony DellolaconoBoard of Governors
David StasioSecretary
Michael QuiltyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$482,523
Program Service Revenue
$327,815
Investment Income
$12
Other Revenue
$0
Change in Net Assets
$-16,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$583,262
Salaries, Compensation, and Employee Benefits$243,477
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$216,857
Occupancy---$191,596
All Other Expenses---$108,179
Office Expenses---$49,430
Other Expenses---$44,646
Depreciation Depletion---$23,370
Payroll Taxes---$21,620
Current Officers, Directors, Trustees, and Key Employees---$5,000
Insurance---$3,586
Fees for Services Accounting---$3,143
Information Technology---$3,039
Advertising---$100
Total Functional Expenses$0$0$0$826,739
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$6,500$6,500→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

Organization has Members

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

The general memberhip elects The Board of Governors

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

The form is prepared by cpa and reviewed by treasurer

Form 990, Part VI, Section B, line 15

Part VI, Line 15a - The president receives no compensation and there is no executive. Part VI, Line 15b - Compensation of the Treasurer and secretary is determined by the Board of Governors.

Form 990, Part VI, Section C, line 19

The organization makes governing documents available to the public upon request

Filing and Contact Details

Filer

Filer Name
Winthrop Golf Club
EIN
04-1980880
Phone
6178469775
Address
453 Main Street, Winthrop, MA 02152

Signing Officer

Name
Joseph Ferrara
Title
President
Phone
6178469775
Signed
2018-09-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Ferrara
Formed
1917
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
15
Employees
10
Volunteers
8

Preparer

Firm
E J Callahan & Associates LLC
Address
8 Cedar Street Suite 61, Woburn, MA 01801
Preparer
Edward J Callahan CPA CCIP
Phone
6179747697
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt416917
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0119285
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt174541
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt268345
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt333425
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt416917
IRS990/ProgSrvcAccomActy2Grp/Desc0The organization provides a golf facility for its members.
IRS990/ProgSrvcAccomActy3Grp/Desc0The organization assists in developing sportsmanship and charitable purposes of all kinds, like college scholarship programs.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0503193
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030
IRS990/PYOtherExpensesAmt0371021
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0174608
IRS990/PYRevenuesLessExpensesAmt035563
IRS990/PYSalariesCompEmpBnftPaidAmt0271247
IRS990/PYTotalExpensesAmt0642268
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0677831
IRS990/ReconcilationRevenueExpnssAmt0-16389
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt074660
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt058271
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt08037
IRS990ScheduleD/BuildingsGrp/DepreciationAmt052990
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt061027
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0312232
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0312232
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt039313
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0250213
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0289526
IRS990ScheduleD/TotalBookValueLandBuildingsAmt047350
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt06500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Capital Improvements
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt017500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Michael Quilty
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Treasurer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt06500
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization has Members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The general memberhip elects The Board of Governors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM IS PREPARED BY CPA AND REVIEWED BY TREASURER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Part VI, Line 15a - The president receives no compensation and there is no executive. Part VI, Line 15b - Compensation of the Treasurer and secretary is determined by the Board of Governors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC 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 B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt081397
IRS990/TotalAssetsEOYAmt071555
IRS990/TotalAssetsGrp/BOYAmt081397
IRS990/TotalAssetsGrp/EOYAmt071555
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0482523
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/TotalAmt0826739
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06737
IRS990/TotalLiabilitiesEOYAmt013284
IRS990/TotalLiabilitiesGrp/BOYAmt06737
IRS990/TotalLiabilitiesGrp/EOYAmt013284
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt074660
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt058271
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt015302
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt015302
IRS990/TotalProgramServiceRevenueAmt0327815
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0327827
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0810350
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt081397
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt071555
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt04382
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0453 Main Street
IRS990/USAddress/CityNm0Winthrop
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002152
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0www.winthropgolfclub.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Joseph Ferrara
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06178469775
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Winthrop Golf Club
ReturnHeader/Filer/BusinessNameControlTxt0WINT
ReturnHeader/Filer/EIN0041980880
ReturnHeader/Filer/PhoneNum06178469775
ReturnHeader/Filer/USAddress/AddressLine1Txt0453 Main Street
ReturnHeader/Filer/USAddress/CityNm0Winthrop
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002152
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03AA78AAB8C67AFB80A7EE967A27B9F1F27E17A00
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.24.236.24
ReturnHeader/FilingSecurityInformation/IPDt02018-09-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm017:27:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464547996
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0E J Callahan & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08 Cedar Street Suite 61

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.70$0.23$1.52$1.63$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.72$0.11$1.63$1.60$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.56$0.11$1.33$1.30$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.39$0.15$1.06$1.06$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.20$0.02$0.79$0.76$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.02$0.00$0.54$0.61$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.02$0.02$0.83$0.87$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.06$0.81$0.83$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.01$0.07$0.68$0.64$0.04
2015Summary only. Only limited summary data is available for this year.$0.09$0.06$0.04$0.64$0.69$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.03$0.09$0.58$0.65$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.15$0.54$0.56$0.02
2012Summary only. Only limited summary data is available for this year.$0.17$0.00$0.17$0.59$0.67$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.03$0.26$0.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.03$0.36$0.60