Civic Intelligence

The Rolls Royce Owners' Club Inc

990 • Fiscal year 2017 • EIN 23-6298129

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 13, 2018

191 Hempt RoadMechanicsburg, PA 17050

(717) 697-4671

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.53x

Higher debt load relative to assets than 73% of similar nonprofits.

2017 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

50th percentile

0.42x

Higher debt load relative to revenue than 50% of similar nonprofits.

2017 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2017

Net Margin

23rd percentile

-4.8%

Higher net margin than 23% of similar nonprofits.

2017 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2017 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$800,517

No earlier filing loaded for comparison.

Net Assets

$376,901

No earlier filing loaded for comparison.

Liabilities

$423,616

No earlier filing loaded for comparison.

Revenue

$1,010,471

No earlier filing loaded for comparison.

Expenses

$1,059,477

No earlier filing loaded for comparison.

Net Income

-$49,006

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2017: $800,517Liabilities 2017: $423,616Net Assets 2017: $376,9012017Assets 2018: $818,159Liabilities 2018: $418,550Net Assets 2018: $399,6092018Assets 2019: $891,594Liabilities 2019: $414,136Net Assets 2019: $477,4582019Assets 2020: $735,704Liabilities 2020: $350,129Net Assets 2020: $385,5752020Assets 2021: $791,101Liabilities 2021: $409,941Net Assets 2021: $381,1602021Assets 2022: $819,562Liabilities 2022: $344,142Net Assets 2022: $475,4202022Assets 2023: $826,417Liabilities 2023: $363,958Net Assets 2023: $462,4592023Assets 2024: $723,769Liabilities 2024: $315,675Net Assets 2024: $408,0942024

Highlighted filing

2017

Assets$800,517
Liabilities$423,616
Net Assets$376,901

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $1,010,471Expenses 2017: $1,059,477Net Income 2017: -$49,0062017Revenue 2018: $1,016,560Expenses 2018: $994,616Net Income 2018: $21,9442018Revenue 2019: $1,097,870Expenses 2019: $1,018,856Net Income 2019: $79,0142019Revenue 2020: $596,655Expenses 2020: $688,660Net Income 2020: -$92,0052020Revenue 2021: $799,582Expenses 2021: $803,886Net Income 2021: -$4,3042021Revenue 2022: $1,028,410Expenses 2022: $934,144Net Income 2022: $94,2662022Revenue 2023: $861,363Expenses 2023: $874,324Net Income 2023: -$12,9612023Revenue 2024: $886,907Expenses 2024: $941,272Net Income 2024: -$54,3652024

Highlighted filing

2017

Revenue$1,010,471
Expenses$1,059,477
Net Income-$49,006
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 13, 2018
Return Version
2017v2.3
Gross Receipts
$1,074,700
Mission and Program Overview

Mission

The club exists for the purpose of the development, compilation, publication, and interchange of technical, historical, and other information among members and other persons who are interested in the automotive products of rolls-royce, ltd.; bentley motors, ltd.; bentley motors (1931), ltd.; former rolls-royce of america, inc.; rolls-royce and bentley automobiles; the encouragement of the use thereof; and the maintenance of a headquarters for the meeting of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$192,161$183,040▼ $9,121
Inventories for Sale or Use$184,687$170,525▼ $14,162
Land, Buildings, and Equipment, Net$159,505$147,710▼ $11,795
Prepaid Expenses and Deferred Charges$84,050$100,373▲ $16,323
Accounts Receivable$48,553$84,481▲ $35,928
Cash and Non-Interest-Bearing Accounts$118,951$37,916▼ $81,035
Total Assets$864,379$800,517▼ $63,862
Other Assets Total$76,472$76,472→ $0
Liabilities
Deferred Revenue$255,016$286,679▲ $31,663
Accounts Payable and Accrued Expenses$164,110$79,396▼ $84,714
Other Liabilities$18,461$57,541▲ $39,080
Total Liabilities$437,587$423,616▼ $13,971
Net Assets / Fund Balance
Unrestricted Net Assets$426,792$376,901▼ $49,891
Total Net Assets Fund Balance$426,792$376,901▼ $49,891
Total Liabilities and Net Assets / Fund Balance$864,379$800,517▼ $63,862

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$116,123$233,704$349,827
Equipment$15,683$99,733$115,416
Land$15,904-$15,904
Other Assets Org$2,602--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sue BrooksPresident
Barbara KilburnDirector
David BerndtDirector
Ivonne WebbDirector
John SweneyDirector
Marilyn TurnerDirector
Ralph CurzonDirector
Robert FahningDirector
Simon WhiteDirector
Timothy JayneDirector
Tom PurcellDirector
Al BrisenoSecretary
Gil FuquaTreasurer
Jason CokerVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$781,193
Investment Income
$346
Other Revenue
$228,932
Change in Net Assets
$-49,006

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,010,471
Total Revenue per Audited Statements
$1,010,471
Total Revenue per Form 990
$1,010,471
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$705,599
Salaries, Compensation, and Employee Benefits$353,878
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$284,866
Conferences and Meetings---$272,826
Office Expenses---$232,015
Fees for Services Other---$59,800
Other Employee Benefits---$37,878
Payroll Taxes---$23,675
Insurance---$21,966
Fees for Services Accounting---$18,372
Travel---$14,139
Occupancy---$13,285
Depreciation Depletion---$11,796
Other Expenses---$10,325
Pension Plan Contributions---$7,459
Total Functional Expenses$0$0$0$1,059,477

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,059,477
Total Expenses per Audited Statements$1,059,477
Total Expenses per Form 990$1,059,477
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-See Part VSee Part VNo$103,323
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits and Advances$57,541
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

MEMBERS

Form 990, Page 6, Part VI, Line 7A

Life, full, and spouse/members may vote to elect members of the governing body.

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by the executive director, treasurer and members of the of the board.

Form 990, Page 6, Part VI, Line 12C

Board members provide an annual written statement to the organization indicating whether or not a conflict of interest exists. If a conflict of interest exists, they must dislcose this. Until this point, no restrictions have been imposed on persons with the conflict (in cases where a conflict of interest has existed).

Form 990, Page 6, Part VI, Line 15A

Approval of the compensation was obtained from the board of directors and is reviewed annually.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request

Filing and Contact Details

Filer

Filer Name
THE ROLLS ROYCE OWNERS' CLUB INC
EIN
23-6298129
Phone
7176974671
Address
191 HEMPT ROAD, MECHANICSBURG, PA 17050

Signing Officer

Name
Gil Fuqua
Title
Treasurer
Phone
7176974671
Signed
2018-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gil Fuqua
Formed
1951
Legal Domicile
Pa
Voting Board Members
14
Independent Board Members
14
Employees
11
Volunteers
500

Preparer

Firm
Hamilton & Musser Pc Cpas
Address
176 CUMBERLAND PARKWAY, MECHANICSBURG, PA 17055
Preparer
William P Ashman CPA
Phone
7176973888
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The club exists for the purpose of the development, compilation, publication, and interchange of technical, historical, and other information among members and other persons who are interested in the automotive products of rolls-royce, ltd.; bentley motors, ltd.; bentley motors (1931), ltd.; former rolls-royce of america, inc.; rolls-royce and bentley automobiles; the encouragement of the use thereof; and the maintenance of a headquarters for the meeting of its members.

Form 990, Part V, Line 4B

CANADA, UNITED KINGDOM

Form 990, Part XI, Line 9

Foreign currency valuation -885

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles gennerally accepted in the united states of america require management to evaluate tax positions taken by the club. Management evaluated the tax positions taken and concluded that the club had taken no uncertain tax positions that require recognition or disclosure in the financial statements. With few exceptions, the club is no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities for years before december 31, 2014.

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IRS990/ProgramServiceRevenueGrp/Desc2ADVERTISING
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CAR HISTORY RECORDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LIBRARY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ENGINES
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS AND ADVANCES
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENNERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CLUB. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE CLUB HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE CLUB IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0ROLLS ROYCE FOUNDATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SEE PART V
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0103323
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SEE PART V
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE CLUB IS AFFILIATED WITH THE ROLLS-ROYCE FOUNDATION THROUGH COMMON DIRECTORS AND MEMBERSHIP. THE TWO ORGANIZATIONS HAVE AN AGREEMENT THAT CALLS FOR THE CLUB TO PROVIDE VARIOUS SERVICES FOR THE FOUNDATION. PURCHASE OF BOOKS/MISCELLANEOUS EXPENSES = 38,205 SERVICE AGREEMENT = 49,500 INVENTORY SALES = 563 COLLECTION MEMBERSHIP CONTRIBUTIONS = 15,055
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CLUB EXISTS FOR THE PURPOSE OF THE DEVELOPMENT, COMPILATION, PUBLICATION, AND INTERCHANGE OF TECHNICAL, HISTORICAL, AND OTHER INFORMATION AMONG MEMBERS AND OTHER PERSONS WHO ARE INTERESTED IN THE AUTOMOTIVE PRODUCTS OF ROLLS-ROYCE, LTD.; BENTLEY MOTORS, LTD.; BENTLEY MOTORS (1931), LTD.; FORMER ROLLS-ROYCE OF AMERICA, INC.; ROLLS-ROYCE AND BENTLEY AUTOMOBILES; THE ENCOURAGEMENT OF THE USE THEREOF; AND THE MAINTENANCE OF A HEADQUARTERS FOR THE MEETING OF ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CANADA, UNITED KINGDOM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LIFE, FULL, AND SPOUSE/MEMBERS MAY VOTE TO ELECT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, TREASURER AND MEMBERS OF THE OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD MEMBERS PROVIDE AN ANNUAL WRITTEN STATEMENT TO THE ORGANIZATION INDICATING WHETHER OR NOT A CONFLICT OF INTEREST EXISTS. IF A CONFLICT OF INTEREST EXISTS, THEY MUST DISLCOSE THIS. UNTIL THIS POINT, NO RESTRICTIONS HAVE BEEN IMPOSED ON PERSONS WITH THE CONFLICT (IN CASES WHERE A CONFLICT OF INTEREST HAS EXISTED).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6APPROVAL OF THE COMPENSATION WAS OBTAINED FROM THE BOARD OF DIRECTORS AND IS REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FOREIGN CURRENCY VALUATION -885
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART V, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0RROC INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE ROLLS ROYCE OWNERS CLUB-REGIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ROLLS-ROYCE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0251698039
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1232904195
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOCAL ACTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1OPERATING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0191 HEMPT ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1189 HEMPT ROAD
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IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ESTIMATED COSTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ROLLS-ROYCE FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ROLLS-ROYCE FOUNDATION
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IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt4ROLLS-ROYCE FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt5ROLLS-ROYCE FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0L

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