Civic Intelligence

Wolferts Roost Inc

990 • Fiscal year 2013 • EIN 14-1187970

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 10, 2015

120 Van Rensselaer Blvd12204

(518) 449-3223

Siviq Scores

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

Liabilities / Assets

65th percentile

0.53x

Higher debt load relative to assets than 65% of similar nonprofits.

2013 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

52nd percentile

0.69x

Higher debt load relative to revenue than 52% of similar nonprofits.

2013 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2013

Net Margin

42nd percentile

-0.7%

Higher net margin than 42% of similar nonprofits.

2013 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2013 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2013

Asset Growth

4th percentile

-8.9%

Faster asset growth than 4% of similar nonprofits.

2013 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

16th percentile

-4.8%

Faster revenue growth than 16% of similar nonprofits.

2013 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Assets

Down

$5,019,685

Down $490,590 (-8.9%) from 2012

Net Assets

Down

$2,380,150

Down $26,428 (-1.1%) from 2012

Liabilities

Down

$2,639,535

Down $464,162 (-15%) from 2012

Revenue

Down

$3,848,319

Down $193,456 (-4.8%) from 2012

Expenses

Down

$3,874,747

Down $156,251 (-3.9%) from 2012

Net Income

Down

-$26,428

Down $37,205 (-345%) from 2012

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $6,240,826Liabilities 2010: $3,875,075Net Assets 2010: $2,365,7512010Assets 2011: $5,792,800Liabilities 2011: $3,396,999Net Assets 2011: $2,395,8012011Assets 2012: $5,510,275Liabilities 2012: $3,103,697Net Assets 2012: $2,406,5782012Assets 2013: $5,019,685Liabilities 2013: $2,639,535Net Assets 2013: $2,380,1502013Assets 2014: $4,508,346Liabilities 2014: $2,668,350Net Assets 2014: $1,839,9962014Assets 2015: $4,370,487Liabilities 2015: $3,086,628Net Assets 2015: $1,283,8592015Assets 2016: $4,133,825Liabilities 2016: $3,587,184Net Assets 2016: $546,6412016Assets 2017: $4,235,885Liabilities 2017: $3,905,646Net Assets 2017: $330,2392017Assets 2018: $3,717,741Liabilities 2018: $3,889,934Net Assets 2018: -$172,1932018Assets 2019: $3,234,951Liabilities 2019: $3,686,676Net Assets 2019: -$451,7252019Assets 2020: $3,000,701Liabilities 2020: $4,001,824Net Assets 2020: -$1,001,1232020Assets 2021: $3,586,164Liabilities 2021: $3,873,280Net Assets 2021: -$287,1162021Assets 2022: $4,489,924Liabilities 2022: $5,000,747Net Assets 2022: -$510,8232022Assets 2023: $3,940,677Liabilities 2023: $4,395,088Net Assets 2023: -$454,4112023

Highlighted filing

2013

Assets$5,019,685
Liabilities$2,639,535
Net Assets$2,380,150

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $4,246,300Expenses 2010: $4,242,524Net Income 2010: $3,7762010Revenue 2011: $4,227,542Expenses 2011: $4,197,492Net Income 2011: $30,0502011Revenue 2012: $4,041,775Expenses 2012: $4,030,998Net Income 2012: $10,7772012Revenue 2013: $3,848,319Expenses 2013: $3,874,747Net Income 2013: -$26,4282013Revenue 2014: $3,580,369Expenses 2014: $4,120,523Net Income 2014: -$540,1542014Revenue 2015: $3,646,887Expenses 2015: $4,203,024Net Income 2015: -$556,1372015Revenue 2016: $3,780,271Expenses 2016: $4,517,489Net Income 2016: -$737,2182016Revenue 2017: $3,633,548Expenses 2017: $3,849,950Net Income 2017: -$216,4022017Revenue 2018: $3,218,864Expenses 2018: $3,721,296Net Income 2018: -$502,4322018Revenue 2019: $3,514,830Expenses 2019: $3,794,362Net Income 2019: -$279,5322019Revenue 2020: $2,913,653Expenses 2020: $3,463,051Net Income 2020: -$549,3982020Revenue 2021: $4,721,404Expenses 2021: $4,007,397Net Income 2021: $714,0072021Revenue 2022: $4,656,986Expenses 2022: $4,880,693Net Income 2022: -$223,7072022Revenue 2023: $4,805,848Expenses 2023: $4,749,436Net Income 2023: $56,4122023

Highlighted filing

2013

Revenue$3,848,319
Expenses$3,874,747
Net Income-$26,428
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 10, 2015
Return Version
2013v4.0
Gross Receipts
$4,542,819
Mission and Program Overview

Mission

Country club - recreation & social

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,014,400$3,872,139▼ $142,261
Rtn Earn Endowment Incm Other Fnds$2,406,578$2,380,150▼ $26,428
Accounts Receivable$449,682$510,744▲ $61,062
Cash and Non-Interest-Bearing Accounts$774,944$374,494▼ $400,450
Inventories for Sale or Use$154,741$152,548▼ $2,193
Prepaid Expenses and Deferred Charges$106,747$103,541▼ $3,206
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$5,510,275$5,019,685▼ $490,590
Other Assets Total$9,761$6,219▼ $3,542
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,410,466$2,036,582▼ $373,884
Accounts Payable and Accrued Expenses$271,273$307,530▲ $36,257
Other Liabilities$421,958$295,423▼ $126,535
Total Liabilities$3,103,697$2,639,535▼ $464,162
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,406,578$2,380,150▼ $26,428
Total Liabilities and Net Assets / Fund Balance$5,510,275$5,019,685▼ $490,590

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,872,139$9,286,336-
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
T & L Golf incGolf Pro Shop Sales-$180,491
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,660,735
Investment Income
$2,873
Other Revenue
$1,184,711
Change in Net Assets
$-26,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,111,469
Other Expenses$1,763,278
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,704,865
Depreciation Depletion---$396,811
All Other Expenses---$393,877
Payroll Taxes---$199,922
Other Employee Benefits---$175,352
Other Expenses---$119,572
Interest---$114,389
Insurance---$94,278
Pension Plan Contributions---$31,330
Fees for Services Accounting---$8,500
Advertising---$5,926
Travel---$2,811
Total Functional Expenses$0$0$0$3,874,747
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Member dues$267,147
Party Reservation Deposit$27,600
Initiation Fee Deposit$676
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

To incur additional debt and to make amendments to the Club's Constitution.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Board of Directors is made aware that a full copy of the tax return is available for review prior to filing of the tax return. They are asked to direct any comments to the Club's President within 5 days, otherwise the tax return is mailed to the IRS.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Compensation Committee annually determines the salaries for the General Manager & all top managers of the Club based on comparable data for our market.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

EIN
14-1187970
Phone
5184493223

Signing Officer

Name
Kevin A Carey
Title
President
Signed
2015-08-10
Discuss with paid preparer
No

Organization Details

Formed
1915
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
16
Employees
198
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: House & Unallocated Expenses

Form 990, Part IX, Line 24E: Other Expenses

BAD DEBT: Column (A) - Total = $2400; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CHEMICALS: Column (A) - Total = $105186; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CHINA, GLASS & SILVERWARE: Column (A) - Total = $4328; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

COMMISSIONS: Column (A) - Total = $582; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CONSULTING & CONTRACT LABOR: Column (A) - Total = $69311; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

DUES: Column (A) - Total = $13466; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

EMPLOYEE RELATIONS: Column (A) - Total = $1046; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

LAUNDRY & UNIFORMS: Column (A) - Total = $53034; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

LICENSE AND PERMITS: Column (A) - Total = $4748; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

MEMBER RELATIONS: Column (A) - Total = $39277; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

MISCELLANEOUS: Column (A) - Total = $31686; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

MUSIC, ENTERT & DECORATIONS: Column (A) - Total = $7576; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $4559; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Printing and Publications: Column (A) - Total = $7915; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PROFESSIONAL FEES: Column (A) - Total = $16000; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TELEPHONE & INTERNET: Column (A) - Total = $15588; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

VALET PARKING: Column (A) - Total = $2851; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

WASTE REMOVAL SERVICE: Column (A) - Total = $14324; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt13President
IRS990/Form990PartVIISectionAGrp/TitleTxt14Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt15Secretary
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IRS990/InsuranceGrp/TotalAmt094278
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IRS990/LandBldgEquipCostOrOtherBssAmt013158475
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IRS990/LocalChaptersInd0false
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0Country Club - Recreation & Social
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0175352
IRS990/OtherExpensesGrp/Desc0PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3EQ. RENTAL & MAINTENANCE
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IRS990/OtherExpensesGrp/TotalAmt1213870
IRS990/OtherExpensesGrp/TotalAmt2198665
IRS990/OtherExpensesGrp/TotalAmt3119572
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IRS990/OtherRevenueMiscGrp/Desc0Finance/Late Charges
IRS990/OtherRevenueMiscGrp/Desc1Handicapp Fees
IRS990/OtherRevenueMiscGrp/Desc2Miscellaneous
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt18406
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IRS990/ProgramServiceRevenueGrp/Desc1Golf Guest Fees
IRS990/ProgramServiceRevenueGrp/Desc2Locker & Bag Storage fees
IRS990/ProgramServiceRevenueGrp/Desc3Membership Dues & Assess
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41545
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01865251
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IRS990ScheduleD/BuildingsGrp/BookValueAmt03872139
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09286336
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt013158475
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0676
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt127600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2267147
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Initiation Fee Deposit
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Party Reservation Deposit
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Unearned Member dues
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IRS990ScheduleD/TotalLiabilityAmt0295423
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IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: House & Unallocated Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1To incur additional debt and to make amendments to the Club's Constitution.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors is made aware that a full copy of the tax return is available for review prior to filing of the tax return. They are asked to direct any comments to the Club's President within 5 days, otherwise the tax return is mailed to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Compensation Committee annually determines the salaries for the General Manager & all top managers of the Club based on comparable data for our market.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.94$4.40$0.45$4.81$4.75$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.49$5.00$0.51$4.66$4.88$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.59$3.87$0.29$4.72$4.01$0.71
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$4.00$1.00$2.91$3.46$0.55
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$3.69$0.45$3.51$3.79$0.28
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.72$3.89$0.17$3.22$3.72$0.50
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.24$3.91$0.33$3.63$3.85$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.13$3.59$0.55$3.78$4.52$0.74
2015Detailed filing. Detailed filing data is available for this year.$4.37$3.09$1.28$3.65$4.20$0.56
2014Detailed filing. Detailed filing data is available for this year.$4.51$2.67$1.84$3.58$4.12$0.54
2013Detailed filing. Detailed filing data is available for this year.$5.02$2.64$2.38$3.85$3.87$0.03
2012Summary only. Only limited summary data is available for this year.$5.51$3.10$2.41$4.04$4.03$0.01
2011Summary only. Only limited summary data is available for this year.$5.79$3.40$2.40$4.23$4.20$0.03
2010Summary only. Only limited summary data is available for this year.$6.24$3.88$2.37$4.25$4.24$0.00
Peer Organizations

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