Civic Intelligence

Old Willow Club

EIN 36-2430411 • 501(c)7 • Northfield, IL

Profile

Operation of seasonal tennis and swimming club

PO Box 8102Northfield, IL 60093

www.oldwillow.org

Siviq Scores

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

Liabilities / Assets

74th percentile

0.46x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

77th percentile

0.98x

Higher debt load relative to revenue than 77% of similar nonprofits.

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

Net Margin

70th percentile

13%

Higher net margin than 70% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

52nd percentile

2.5%

Faster asset growth than 52% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

43rd percentile

4.2%

Faster revenue growth than 43% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$2,150,823

Up $75,382 (+3.6%) from 2023

Liabilities

Down

$980,409

Down $59,607 (-5.7%) from 2023

Net Assets

Up

$1,170,414

Up $134,989 (+13%) from 2023

Revenue

Up

$1,001,138

Up $57,260 (+6.1%) from 2023

Expenses

Up

$866,149

Up $8,192 (+1.0%) from 2023

Net Income

Up

$134,989

Up $49,068 (+57%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2015: $2,662,947Liabilities 2015: $1,252,903Net Assets 2015: $1,410,0442015Assets 2016: $2,826,949Liabilities 2016: $1,382,948Net Assets 2016: $1,444,0012016Assets 2017: $2,709,703Liabilities 2017: $1,391,547Net Assets 2017: $1,318,1562017Assets 2018: $2,560,284Liabilities 2018: $1,305,307Net Assets 2018: $1,254,9772018Assets 2019: $2,444,670Liabilities 2019: $1,255,945Net Assets 2019: $1,188,7252019Assets 2020: $2,304,148Liabilities 2020: $1,203,349Net Assets 2020: $1,100,7992020Assets 2021: $2,117,983Liabilities 2021: $1,209,948Net Assets 2021: $908,0352021Assets 2022: $2,046,542Liabilities 2022: $1,109,041Net Assets 2022: $937,5012022Assets 2023: $2,075,441Liabilities 2023: $1,040,016Net Assets 2023: $1,035,4252023Assets 2024: $2,150,823Liabilities 2024: $980,409Net Assets 2024: $1,170,4142024

Highlighted filing

2024

Assets$2,150,823
Liabilities$980,409
Net Assets$1,170,414

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $558,065Expenses 2015: $535,050Net Income 2015: $23,0152015Revenue 2016: $650,448Expenses 2016: $627,216Net Income 2016: $23,2322016Revenue 2017: $542,219Expenses 2017: $666,064Net Income 2017: -$123,8452017Revenue 2018: $642,681Expenses 2018: $695,860Net Income 2018: -$53,1792018Revenue 2019: $654,667Expenses 2019: $720,919Net Income 2019: -$66,2522019Revenue 2020: $716,274Expenses 2020: $816,200Net Income 2020: -$99,9262020Revenue 2021: $643,439Expenses 2021: $842,803Net Income 2021: -$199,3642021Revenue 2022: $921,887Expenses 2022: $904,073Net Income 2022: $17,8142022Revenue 2023: $943,878Expenses 2023: $857,957Net Income 2023: $85,9212023Revenue 2024: $1,001,138Expenses 2024: $866,149Net Income 2024: $134,9892024

Highlighted filing

2024

Revenue$1,001,138
Expenses$866,149
Net Income$134,989

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 7, 2025
Return Version
2024v5.2
Gross Receipts
$1,087,412
Mission and Program Overview

Mission

Operation of seasonal tennis and swimming club

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,808,250$1,661,912▼ $146,338
Cap Stk Tr Prin Current Funds$724,075$724,075→ $0
Rtn Earn Endowment Incm Other Fnds$311,350$446,339▲ $134,989
Savings and Temporary Cash Investments-$294,252-
Cash and Non-Interest-Bearing Accounts$183,769$107,275▼ $76,494
Intangible Assets$200$0▼ $200
Accounts Receivable-$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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,075,441$2,150,823▲ $75,382
Other Assets Total$83,222$87,384▲ $4,162
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,039,982$980,409▼ $59,573
Accounts Payable and Accrued Expenses$34--
Total Liabilities$1,040,016$980,409▼ $59,607
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,035,425$1,170,414▲ $134,989
Total Liabilities and Net Assets / Fund Balance$2,075,441$2,150,823▲ $75,382

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,528,871$2,028,229$3,557,100
Buildings$100,378$708,395$808,773
Equipment$5,585$282,956$288,541
Other Land Buildings$6,822$144,202$151,024
Land$20,256-$20,256
Compensation and Service Providers

Board Members and Trustees

NameTitle
Josh KritzlerPresident
Andrew TuritzVice President
Chris FreemanDirector
Courtney BallantiniDirector
Erin WilsonDirector
Kendal ReisDirector
Marni SheehanDirector
Sarah Ann HarrisDirector
Claire DehornSecretary
Erik BillingsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,001,763
Investment Income
$14,036
Other Revenue
$-14,661
Change in Net Assets
$134,989
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$680,683
Salaries, Compensation, and Employee Benefits$185,466
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$167,362
Depreciation Depletion---$158,172
Interest---$55,471
Occupancy---$49,037
Fees for Services Other---$40,412
Insurance---$20,283
Payroll Taxes---$18,104
Fees for Services Accounting---$13,694
Other Expenses---$5,765
All Other Expenses---$2,402
Office Expenses---$266
Total Functional Expenses$0$0$0$866,149
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
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 club has 245 family equity memberships. Each family makes a $2,000 equity payment when they join the club which is returned to them when they resign, provided a replacement has been found. Members receive no income on the equity payment.

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

The equity members elect the board of directors, all whom also are equity members.

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

The activities of the board are reviewed at the annual members' meeting. Decisions involving significant expenditures are addressed at special membership meetings which may be called at any time.

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

After the form 990 has been prepared by the outside accountant it is reviewed with the club treasurer before filing. The completed form is available to all club members on an as - requested basis.

Form 990, Part VI, Section B, Line 15A

The salaries of the club manager and other employees are determined by the board at the begninning of each season. There are no compensation payments of any kind to officers or directors.

Form 990, Part VI, Section C, Line 18

Because the club is private, we do not make information available to the public.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Old Willow Club
EIN
36-2430411
Phone
8477298010
Address
PO BOX 8102, NORTHFIELD, IL 60093

Signing Officer

Name
Erik Billings
Title
Treasurer
Signed
2025-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erik Billings
Formed
1959
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
36

Preparer

Firm
Picker & Associates LLC
Address
750 W Lake Cook Road Suite 375, Buffalo Grove, IL 60089
Preparer
Ralph Picker
Phone
8475414000
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IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF OUTDOOR SWIMMING POOL FROM MEMORIAL DAY TO LABOR DAY FOR MEMBERS AND THEIR GUESTS. 245 FAMILIES HOLD MEMBERSHIPS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0150290
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt050650
IRS990/ProgSrvcAccomActy3Grp/Desc0OPERATION OF SNACK BAR FROM MEMORIAL DAY TO LABOR DAY FOR MEMBERS AND THEIR GUESTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt086273
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt071613
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OPERATION OF OUTDOOR TENNIS COURTS FROM MEMORIAL DAY TO LABOR DAY FOR MEMBERS AND THEIR GUESTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt068218
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt04453
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt06847
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0711020
IRS990/PYOtherRevenueAmt0-26673
IRS990/PYProgramServiceRevenueAmt0963704
IRS990/PYRevenuesLessExpensesAmt085921
IRS990/PYSalariesCompEmpBnftPaidAmt0146937
IRS990/PYTotalExpensesAmt0857957
IRS990/PYTotalRevenueAmt0943878
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0134989
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0713821
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0311350
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0446339
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0294252
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0100378
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0708395
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0808773
IRS990ScheduleD/EquipmentGrp/BookValueAmt05585
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0282956
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0288541
IRS990ScheduleD/LandGrp/BookValueAmt020256
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020256
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01528871
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02028229
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03557100
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06822
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0144202
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0151024
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01661912
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CLUB HAS 245 FAMILY EQUITY MEMBERSHIPS. EACH FAMILY MAKES A $2,000 EQUITY PAYMENT WHEN THEY JOIN THE CLUB WHICH IS RETURNED TO THEM WHEN THEY RESIGN, PROVIDED A REPLACEMENT HAS BEEN FOUND. MEMBERS RECEIVE NO INCOME ON THE EQUITY PAYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EQUITY MEMBERS ELECT THE BOARD OF DIRECTORS, ALL WHOM ALSO ARE EQUITY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ACTIVITIES OF THE BOARD ARE REVIEWED AT THE ANNUAL MEMBERS' MEETING. DECISIONS INVOLVING SIGNIFICANT EXPENDITURES ARE ADDRESSED AT SPECIAL MEMBERSHIP MEETINGS WHICH MAY BE CALLED AT ANY TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AFTER THE FORM 990 HAS BEEN PREPARED BY THE OUTSIDE ACCOUNTANT IT IS REVIEWED WITH THE CLUB TREASURER BEFORE FILING. THE COMPLETED FORM IS AVAILABLE TO ALL CLUB MEMBERS ON AN AS - REQUESTED BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SALARIES OF THE CLUB MANAGER AND OTHER EMPLOYEES ARE DETERMINED BY THE BOARD AT THE BEGNINNING OF EACH SEASON. THERE ARE NO COMPENSATION PAYMENTS OF ANY KIND TO OFFICERS OR DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BECAUSE THE CLUB IS PRIVATE, WE DO NOT MAKE INFORMATION AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6No documents available to the public.
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 B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02075441
IRS990/TotalAssetsEOYAmt02150823
IRS990/TotalAssetsGrp/BOYAmt02075441
IRS990/TotalAssetsGrp/EOYAmt02150823
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt036
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0866149
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01040016
IRS990/TotalLiabilitiesEOYAmt0980409
IRS990/TotalLiabilitiesGrp/BOYAmt01040016
IRS990/TotalLiabilitiesGrp/EOYAmt0980409
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01035425
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01170414
IRS990/TotalOtherProgSrvcExpenseAmt068218
IRS990/TotalOtherProgSrvcRevenueAmt04453
IRS990/TotalProgramServiceExpensesAmt0903255
IRS990/TotalProgramServiceRevenueAmt01001763
IRS990/TotalRevenueGrp/ExclusionAmt014036
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0987102
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01001138
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02075441
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02150823
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO BOX 8102
IRS990/USAddress/CityNm0NORTHFIELD
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060093
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.oldwillow.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIK BILLINGS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLD WILLOW CLUB
ReturnHeader/Filer/BusinessNameControlTxt0OLDW
ReturnHeader/Filer/EIN0362430411
ReturnHeader/Filer/PhoneNum08477298010
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 8102
ReturnHeader/Filer/USAddress/CityNm0NORTHFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060093
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0455560310
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Picker & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0750 W Lake Cook Road Suite 375
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Buffalo Grove
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060089
ReturnHeader/PreparerPersonGrp/PhoneNum08475414000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RALPH PICKER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X

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