Civic Intelligence

National Golf Course Owners Association

990 • Fiscal year 2017 • EIN 36-2916462

Jan 01, 2017 to Dec 31, 2017 • Filed on Jan 31, 2019

291 Seven Farms Drive 2nd FloorCharleston, SC 29492

(843) 881-9956

Siviq Scores

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

Liabilities / Assets

78th percentile

0.44x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.50x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

28th percentile

-1.1%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2017 filings • 501(c)6 • $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

$3,544,120

No earlier filing loaded for comparison.

Net Assets

$2,002,221

No earlier filing loaded for comparison.

Liabilities

$1,541,899

No earlier filing loaded for comparison.

Revenue

$3,101,046

No earlier filing loaded for comparison.

Expenses

$3,134,637

No earlier filing loaded for comparison.

Net Income

-$33,591

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.

$6.0M$4.0M$2.0M$0Assets 2017: $3,544,120Liabilities 2017: $1,541,899Net Assets 2017: $2,002,2212017Assets 2018: $3,349,668Liabilities 2018: $1,261,985Net Assets 2018: $2,087,6832018Assets 2019: $3,371,890Liabilities 2019: $1,024,386Net Assets 2019: $2,347,5042019Assets 2020: $3,828,541Liabilities 2020: $922,629Net Assets 2020: $2,905,9122020Assets 2021: $4,591,671Liabilities 2021: $1,129,926Net Assets 2021: $3,461,7452021Assets 2022: $4,369,824Liabilities 2022: $1,127,426Net Assets 2022: $3,242,3982022Assets 2023: $4,155,869Liabilities 2023: $941,606Net Assets 2023: $3,214,2632023Assets 2024: $3,966,461Liabilities 2024: $756,458Net Assets 2024: $3,210,0032024

Highlighted filing

2017

Assets$3,544,120
Liabilities$1,541,899
Net Assets$2,002,221

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $3,101,046Expenses 2017: $3,134,637Net Income 2017: -$33,5912017Revenue 2018: $3,094,703Expenses 2018: $2,881,346Net Income 2018: $213,3572018Revenue 2019: $2,756,805Expenses 2019: $2,675,059Net Income 2019: $81,7462019Revenue 2020: $2,776,000Expenses 2020: $2,558,792Net Income 2020: $217,2082020Revenue 2021: $2,827,919Expenses 2021: $2,390,505Net Income 2021: $437,4142021Revenue 2022: $2,929,670Expenses 2022: $2,731,379Net Income 2022: $198,2912022Revenue 2023: $3,531,091Expenses 2023: $3,495,178Net Income 2023: $35,9132023Revenue 2024: $3,715,137Expenses 2024: $3,804,668Net Income 2024: -$89,5312024

Highlighted filing

2017

Revenue$3,101,046
Expenses$3,134,637
Net Income-$33,591
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jan 31, 2019
Return Version
2017v2.3
Gross Receipts
$3,362,089
Mission and Program Overview

Mission

To enhance the lives of golf course owners by making their business more profitable, more efficient, better managed, and more stable.

Protect and advance america's golf course and the golf industry as a whole

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,187,301$2,002,221▼ $185,080
Investments in Publicly Traded Securities$1,943,930$1,904,493▼ $39,437
Land, Buildings, and Equipment, Net$1,226,391$1,181,414▼ $44,977
Accounts Receivable$171,128$273,210▲ $102,082
Prepaid Expenses and Deferred Charges$34,723$79,887▲ $45,164
Cash and Non-Interest-Bearing Accounts$54,964$57,718▲ $2,754
Intangible Assets$865--
Total Assets$3,479,399$3,544,120▲ $64,721
Other Assets Total$47,398$47,398→ $0
Liabilities
Other Liabilities$580,442$918,291▲ $337,849
Mortgage Notes Payable Secured by Investment Property$616,154$522,509▼ $93,645
Accounts Payable and Accrued Expenses$95,502$101,099▲ $5,597
Total Liabilities$1,292,098$1,541,899▲ $249,801
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,187,301$2,002,221▼ $185,080
Total Liabilities and Net Assets / Fund Balance$3,479,399$3,544,120▲ $64,721

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$942,914$1,079,105$2,022,019
Land$238,500-$238,500
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dick StuntzPresident
Allison GeorgeBoard Member
Don ReaBoard Member
Frank RomanoBoard Member
Jeff HoagBoard Member
Jim HinckleyBoard Member
Linda RogersBoard Member
Marcel WellingBoard Member
Mark GiustinaBoard Member
Michael HatchBoard Member
Peter HillBoard Member
Rich AldenBoard Member
Rock LucasBoard Member
Walter Lankau JrBoard Member
William StineBoard Member
Jay L KarenCEO
Tom BrooksSecretary
Kathy AznavorianTreasurer
Steve GraybillVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,315,926
Program Service Revenue
$909,760
Investment Income
$224,940
Other Revenue
$650,420
All Other Contributions
$866,492
Change in Net Assets
$-33,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,645,274
Other Expenses$1,489,363
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$1,467,433-$1,467,433
Conferences and Meetings-$603,782-$603,782
Payroll Taxes-$102,243-$102,243
Travel-$70,816-$70,816
All Other Expenses-$52,787-$52,787
Interest-$52,087-$52,087
Other Employee Benefits-$50,201-$50,201
Occupancy-$39,105-$39,105
Other Expenses-$38,741-$38,741
Pension Plan Contributions-$25,397-$25,397
Depreciation Depletion$24,890--$24,890
Insurance-$21,542-$21,542
Office Expenses-$15,299-$15,299
Fees for Service Investment Mgmnt Fees-$14,895-$14,895
Fees for Services Other-$7,250-$7,250
Advertising-$338-$338
Total Functional Expenses$24,890$3,109,747$0$3,134,637
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Morgan Stanley Loc$247,202
Unearned Dues$206,563
Tradeshow Registration Dep on Acct$162,000
Sponsorship Deposit on Acct$61,200
Credit Cards Payable$57,644
Rebates Payable$56,526
Conference Registration Advanc Pymt.$56,351
Ad Deposits$20,583
Accrued Pto$19,744
Prepaid Rent$11,026
Leaseholder Deposits$7,826
Accrued Expenses$6,422
Payroll Liabilities Payable$3,184
Credit Swap Interest Payable$2,020
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Interested parties can join as members

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

Return was reviewed by cpa with ceo and internal bookkeeper.

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

Conflict of interest statements are reviewed by the ceo and board. Issues are addressed with the individuals as necessary.

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

Ceo compensation done by a search committee and outside consult organization

Form 990, Page 6, Part VI, Line 19

Records available on request either in person or via mail.

Filing and Contact Details

Filer

Filer Name
National Golf Course Owners Assoc
EIN
36-2916462
Phone
8438819956
Address
291 SEVEN FARMS DRIVE 2ND FLOOR, CHARLESTON, SC 29492

Signing Officer

Name
Jay L Karen
Title
CEO
Phone
8438819956
Signed
2019-01-31

Organization Details

Principal Officer
Jay L Karen
Formed
1979
Legal Domicile
Sc
Voting Board Members
19
Independent Board Members
18
Employees
23

Preparer

Firm
Legare Bailey & Hinske LLC
Address
1100 QUEENSBOROUGH BLVD STE 100, MT PLEASANT, SC 29464-3626
Preparer
Joseph Hinske CPA
Phone
8437660400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book / tax depreciation difference 1

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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/OccupancyGrp/TotalAmt039105
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015299
IRS990/OfficeExpensesGrp/TotalAmt015299
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt047398
IRS990/OtherAssetsTotalGrp/EOYAmt047398
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt050201
IRS990/OtherEmployeeBenefitsGrp/TotalAmt050201
IRS990/OtherExpensesGrp/Desc0MAGAZINE EXPENSE
IRS990/OtherExpensesGrp/Desc1MEMBER SERVICES
IRS990/OtherExpensesGrp/Desc2EQUIPMENT REPAIRS
IRS990/OtherExpensesGrp/Desc3BOARD MEETINGS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0300149
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1201408
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt246274
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt338741
IRS990/OtherExpensesGrp/TotalAmt0300149
IRS990/OtherExpensesGrp/TotalAmt1201408
IRS990/OtherExpensesGrp/TotalAmt246274
IRS990/OtherExpensesGrp/TotalAmt338741
IRS990/OtherLiabilitiesGrp/BOYAmt0580442
IRS990/OtherLiabilitiesGrp/EOYAmt0918291
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/BusinessCd1541800
IRS990/OtherRevenueMiscGrp/Desc0MAGAZINE INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER
IRS990/OtherRevenueMiscGrp/Desc2DIGITAL ADVERTISING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt041535
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0505805
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt141535
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt236650
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0505805
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt136650
IRS990/OtherRevenueTotalAmt0589135
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01467433
IRS990/OtherSalariesAndWagesGrp/TotalAmt01467433
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0102243
IRS990/PayrollTaxesGrp/TotalAmt0102243
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt025397
IRS990/PensionPlanContributionsGrp/TotalAmt025397
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034723
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt079887
IRS990/PrincipalOfficerNm0JAY L KAREN
IRS990/PriorPeriodAdjustmentsAmt0-217009
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCE & TRADE SHOWS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0909760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0909760
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01683113
IRS990/PYInvestmentIncomeAmt0181674
IRS990/PYOtherExpensesAmt01829451
IRS990/PYOtherRevenueAmt0361672
IRS990/PYProgramServiceRevenueAmt01127986
IRS990/PYRevenuesLessExpensesAmt0-70488
IRS990/PYSalariesCompEmpBnftPaidAmt01595482
IRS990/PYTotalExpensesAmt03424933
IRS990/PYTotalRevenueAmt03354445
IRS990/ReconcilationRevenueExpnssAmt0-33591
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt061285
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02187301
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02002221
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0238500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0238500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0942914
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01079105
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02022019
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0247202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1206563
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2162000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt361200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt457644
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt556526
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt656351
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt720583
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt819744
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt911026
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt107826
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116422
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt123184
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt132020
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORGAN STANLEY LOC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNEARNED DUES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TRADESHOW REGISTRATION DEP ON ACCT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SPONSORSHIP DEPOSIT ON ACCT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4CREDIT CARDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5REBATES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6CONFERENCE REGISTRATION ADVANC PYMT.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7AD DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc8ACCRUED PTO
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc9PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc10LEASEHOLDER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc11ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc12PAYROLL LIABILITIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc13CREDIT SWAP INTEREST PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01181414
IRS990ScheduleD/TotalLiabilityAmt0918291
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INTERESTED PARTIES CAN JOIN AS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RETURN WAS REVIEWED BY CPA WITH CEO AND INTERNAL BOOKKEEPER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE CEO AND BOARD. ISSUES ARE ADDRESSED WITH THE INDIVIDUALS AS NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CEO COMPENSATION DONE BY A SEARCH COMMITTEE AND OUTSIDE CONSULT ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RECORDS AVAILABLE ON REQUEST EITHER IN PERSON OR VIA MAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOOK / TAX DEPRECIATION DIFFERENCE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03479399
IRS990/TotalAssetsEOYAmt03544120
IRS990/TotalAssetsGrp/BOYAmt03479399
IRS990/TotalAssetsGrp/EOYAmt03544120
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01315926
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03109747
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt024890
IRS990/TotalFunctionalExpensesGrp/TotalAmt03134637
IRS990/TotalGrossUBIAmt0603740
IRS990/TotalLiabilitiesBOYAmt01292098
IRS990/TotalLiabilitiesEOYAmt01541899
IRS990/TotalLiabilitiesGrp/BOYAmt01292098

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