Civic Intelligence

Old Willow Club

990 • Fiscal year 2022 • EIN 36-2430411

Jan 01, 2022 to Dec 31, 2022 • Filed on May 25, 2023

PO Box 8102Northfield, IL 60093

(847) 729-8010

Siviq Scores

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

Liabilities / Assets

79th percentile

0.54x

Higher debt load relative to assets than 79% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

1.20x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2022

Net Margin

37th percentile

1.9%

Higher net margin than 37% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2022

Asset Growth

22nd percentile

-3.4%

Faster asset growth than 22% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

86th percentile

43%

Faster revenue growth than 86% of similar nonprofits.

2022 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$2,046,542

Down $71,441 (-3.4%) from 2021

Net Assets

Up

$937,501

Up $29,466 (+3.2%) from 2021

Liabilities

Down

$1,109,041

Down $100,907 (-8.3%) from 2021

Revenue

Up

$921,887

Up $278,448 (+43%) from 2021

Expenses

Up

$904,073

Up $61,270 (+7.3%) from 2021

Net Income

Up

$17,814

Up $217,178 (+109%) from 2021

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 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

2022

Assets$2,046,542
Liabilities$1,109,041
Net Assets$937,501

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$921,887
Expenses$904,073
Net Income$17,814
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 25, 2023
Return Version
2022v5.0
Gross Receipts
$1,000,867
Mission and Program Overview

Mission

Operation of seasonal tennis and swimming club

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,830,953$1,933,843▲ $102,890
Cap Stk Tr Prin Current Funds$724,325$712,075▼ $12,250
Rtn Earn Endowment Incm Other Fnds$183,710$225,426▲ $41,716
Cash and Non-Interest-Bearing Accounts$52,078$44,286▼ $7,792
Savings and Temporary Cash Investments$1,000$0▼ $1,000
Intangible Assets$1,000$600▼ $400
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$2,117,983$2,046,542▼ $71,441
Other Assets Total$232,952$67,813▼ $165,139
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,175,247$1,096,594▼ $78,653
Deferred Revenue$34,674$9,807▼ $24,867
Accounts Payable and Accrued Expenses-$1,408-
Other Liabilities$27$1,232▲ $1,205
Total Liabilities$1,209,948$1,109,041▼ $100,907
Net Assets / Fund Balance
Total Net Assets Fund Balance$908,035$937,501▲ $29,466
Total Liabilities and Net Assets / Fund Balance$2,117,983$2,046,542▼ $71,441

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,765,697$1,742,151$3,507,848
Buildings$128,976$679,797$808,773
Equipment$6,100$282,441$288,541
Other Land Buildings$12,814$138,210$151,024
Land$20,256-$20,256
Compensation and Service Providers

Board Members and Trustees

NameTitle
Coleen WilkinsPresident
Ronnie NoethlichVice President
Colean CodyDirector
Emily BabyDirector
Emily WynerDirector
Joe WhitneyDirector
Julie MccauleyDirector
Mike EndreDirector
Patrick HeratyDirector
Amy TurnerSecretary
William P Andrews JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$942,852
Investment Income
$274
Other Revenue
$-21,239
Change in Net Assets
$17,814
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$759,869
Salaries, Compensation, and Employee Benefits$144,204
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$167,154
Other Salaries and Wages---$133,071
Interest---$60,684
Occupancy---$53,505
Insurance---$26,441
Office Expenses---$19,545
Fees for Services Other---$18,906
Fees for Services Accounting---$13,871
Fees for Services Legal---$12,127
Payroll Taxes---$11,133
Other Expenses---$7,394
All Other Expenses---$6,453
Total Functional Expenses$0$0$0$904,073
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax$1,229
Rounding$3
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 241 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
William P Andrews Jr
Title
Treasurer
Signed
2023-05-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William P Andrews Jr
Formed
1959
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
39

Preparer

Firm
Picker & Associates LLC
Address
750 W Lake Cook Road Suite 375, Buffalo Grove, IL 60089
Preparer
Ralph Picker
Phone
8475414000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Other program services 4: membership dues

Form 990, Part XI, Line 9

Equity decrease = -$12250

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IRS990/OtherExpensesGrp/TotalAmt0207361
IRS990/OtherExpensesGrp/TotalAmt1122929
IRS990/OtherExpensesGrp/TotalAmt243499
IRS990/OtherExpensesGrp/TotalAmt37394
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt027
IRS990/OtherLiabilitiesGrp/EOYAmt01232
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0133071
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt011133
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0WILLIAM P ANDREWS JR
IRS990/PriorPeriodAdjustmentsAmt023902
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/Desc0GUEST FEES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0224749
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1718103
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0224749
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1718103
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF OUTDOOR TENNIS COURTS FROM MEMORIAL DAY TO LABOR DAY FOR MEMBERS AND THEIR GUESTS.
IRS990/ProgSrvcAccomActy3Grp/Desc0OPERATION OF SNACK BAR FROM MEMORIAL DAY TO LABOR DAY FOR MEMBERS AND THEIR GUESTS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt039
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0704422
IRS990/PYOtherRevenueAmt0-39017
IRS990/PYProgramServiceRevenueAmt0682417
IRS990/PYRevenuesLessExpensesAmt0-199364
IRS990/PYSalariesCompEmpBnftPaidAmt0138381
IRS990/PYTotalExpensesAmt0842803
IRS990/PYTotalRevenueAmt0643439
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt017814
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0183710
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0225426
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0128976
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0679797
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0808773
IRS990ScheduleD/EquipmentGrp/BookValueAmt06100
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0282441
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0288541
IRS990ScheduleD/LandGrp/BookValueAmt020256
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020256
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01765697
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01742151
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03507848
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012814
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0138210
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0151024
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11229
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01933843
IRS990ScheduleD/TotalLiabilityAmt01232
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: MEMBERSHIP DUES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CLUB HAS 241 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/ExplanationTxt2THE EQUITY MEMBERS ELECT THE BOARD OF DIRECTORS, ALL WHOM ALSO ARE EQUITY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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/ExplanationTxt4AFTER 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/ExplanationTxt5THE 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/ExplanationTxt6BECAUSE THE CLUB IS PRIVATE, WE DO NOT MAKE INFORMATION AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EQUITY DECREASE = -$12250
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02117983
IRS990/TotalAssetsEOYAmt02046542
IRS990/TotalAssetsGrp/BOYAmt02117983
IRS990/TotalAssetsGrp/EOYAmt02046542
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt039
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0904073
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01209948
IRS990/TotalLiabilitiesEOYAmt01109041
IRS990/TotalLiabilitiesGrp/BOYAmt01209948
IRS990/TotalLiabilitiesGrp/EOYAmt01109041
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0908035
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0937501
IRS990/TotalProgramServiceRevenueAmt0942852
IRS990/TotalRevenueGrp/ExclusionAmt0274
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0921613
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0921887
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02117983
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02046542
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM P ANDREWS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLD WILLOW CLUB
ReturnHeader/Filer/BusinessNameControlTxt0OLDW

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