Civic Intelligence

Oakwood Club

990 • Fiscal year 2014 • EIN 34-0434800

Apr 01, 2013 to Mar 31, 2014 • Filed on Nov 04, 2014

1545 Sheridan Road44121

(216) 381-0826

Siviq Scores

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

Liabilities / Assets

55th percentile

0.13x

Higher debt load relative to assets than 55% of similar nonprofits.

2014 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

100th percentile

33518.33x

Higher debt load relative to revenue than 100% of similar nonprofits.

2014 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2014

Net Margin

1st percentile

-304900%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2014 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2014

Asset Growth

25th percentile

-3.5%

Faster asset growth than 25% of similar nonprofits.

2014 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

Down

$748,642

Down $26,967 (-3.5%) from 2013

Net Assets

Down

$648,087

Down $9,147 (-1.4%) from 2013

Liabilities

Down

$100,555

Down $17,820 (-15%) from 2013

Revenue

$3

No earlier filing loaded for comparison.

Expenses

Down

$9,150

Down $24,243 (-73%) from 2013

Net Income

-$9,147

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.

$3.0M$2.0M$1.0M$0Assets 2012: $2,467,078Liabilities 2012: $151,307Net Assets 2012: $2,315,7712012Assets 2013: $775,609Liabilities 2013: $118,375Net Assets 2013: $657,2342013Assets 2014: $748,642Liabilities 2014: $100,555Net Assets 2014: $648,0872014Assets 2015: $722,149Liabilities 2015: $85,720Net Assets 2015: $636,4292015Assets 2016: $26,797Liabilities 2016: $15,626Net Assets 2016: $11,1712016

Highlighted filing

2014

Assets$748,642
Liabilities$100,555
Net Assets$648,087

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $435,2692012Expenses 2013: $33,3932013Revenue 2014: $3Expenses 2014: $9,150Net Income 2014: -$9,1472014Revenue 2015: $0Expenses 2015: $11,658Net Income 2015: -$11,6582015Revenue 2016: $56,449Expenses 2016: $11,601Net Income 2016: $44,8482016

Highlighted filing

2014

Revenue$3
Expenses$9,150
Net Income-$9,147
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Nov 4, 2014
Return Version
2013v3.0
Gross Receipts
$3
Mission and Program Overview

Mission

To provide a social club for the enjoyment of its members

SOCIAL CLUB

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$775,609$748,642▼ $26,967
Total Assets$775,609$748,642▼ $26,967
Liabilities
Accounts Payable and Accrued Expenses$118,375$100,555▼ $17,820
Total Liabilities$118,375$100,555▼ $17,820
Net Assets / Fund Balance
Unrestricted Net Assets$657,234$648,087▼ $9,147
Total Net Assets Fund Balance$657,234$648,087▼ $9,147
Total Liabilities and Net Assets / Fund Balance$775,609$748,642▼ $26,967
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stewart KlinePresident
Tom AdlerTrustee
Keith LibmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$3
Change in Net Assets
$-9,147
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,150
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance---$7,510
Fees for Services Accounting---$1,640
Total Functional Expenses$0$0$0$9,150
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

During the period that the oakwood club has been winding down its operations, some functions including management of the property and accounting functions have been handled by another club that absorbed the majority of the oakwood club membership.

Form 990, Part VI, Section A, Line 6

The club has voting and non-voting members.

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

Members of governing body are elected by voting members.

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

Major decisions of the governing body are subject to approval by voting members.

Form 990, Part VI, Section B, Line 11

Form 990 is reviewed by the president and treasurer.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

EIN
34-0434800
Phone
2163810826

Signing Officer

Name
Keith Libman
Title
Treasurer
Phone
2163810826
Signed
2014-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Libman
Formed
1905
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
3
Volunteers
0

Preparer

Preparer
Thomas G Scharfcpa
Phone
2165732330
Raw XML Appendix246 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/BooksInCareOfDetail/USAddress/City0SOUTH EUCLID
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/TotalAmt07510
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
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IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING THE PERIOD THAT THE OAKWOOD CLUB HAS BEEN WINDING DOWN ITS OPERATIONS, SOME FUNCTIONS INCLUDING MANAGEMENT OF THE PROPERTY AND ACCOUNTING FUNCTIONS HAVE BEEN HANDLED BY ANOTHER CLUB THAT ABSORBED THE MAJORITY OF THE OAKWOOD CLUB MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CLUB HAS VOTING AND NON-VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF GOVERNING BODY ARE ELECTED BY VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MAJOR DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS REVIEWED BY THE PRESIDENT AND TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BuildTS02015-11-30 17:44:51Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-04
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0340644631
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10WALTHALL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine106300 ROCKSIDE ROAD SUITE 100
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ReturnHeader/PreparerPersonGrp/PhoneNum02165732330
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS G SCHARFCPA
ReturnHeader/ReturnTs02014-11-17T14:39:45-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-04-01
ReturnHeader/TaxPeriodEndDt02014-03-31
ReturnHeader/TaxYr02013

Document Assets

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Filings