Civic Intelligence

Spring Lake Association

990 • Fiscal year 2017 • EIN 37-0527420

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 22, 2018

5215 Clubhouse DriveQuincy, IL 62301

(217) 222-5250

Siviq Scores

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

Liabilities / Assets

96th percentile

1.15x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

1.09x

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

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

Net Margin

26th percentile

-3.5%

Higher net margin than 26% 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

35th percentile

-1.4%

Faster asset growth than 35% of similar nonprofits.

2017 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2017

Revenue Growth

67th percentile

6.1%

Faster revenue growth than 67% of similar nonprofits.

2017 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2017

Assets

Down

$1,448,967

Down $41,556 (-2.8%) from 2015

Net Assets

Down

-$220,849

Down $76,005 (-52%) from 2015

Liabilities

Up

$1,669,816

Up $34,449 (+2.1%) from 2015

Revenue

Up

$1,528,845

Up $170,270 (+13%) from 2015

Expenses

Up

$1,582,274

Up $234,264 (+17%) from 2015

Net Income

Down

-$53,429

Down $63,994 (-606%) from 2015

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$0-$2.0MAssets 2010: $5,290,987Liabilities 2010: $1,336,480Net Assets 2010: $3,954,5072010Assets 2011: $5,582,340Liabilities 2011: $1,976,391Net Assets 2011: $3,605,9492011Assets 2014: $1,506,930Liabilities 2014: $1,638,719Net Assets 2014: -$131,7892014Assets 2015: $1,490,523Liabilities 2015: $1,635,367Net Assets 2015: -$144,8442015Assets 2017: $1,448,967Liabilities 2017: $1,669,816Net Assets 2017: -$220,8492017Assets 2018: $1,529,579Liabilities 2018: $1,707,837Net Assets 2018: -$178,2582018Assets 2019: $1,679,555Liabilities 2019: $1,880,635Net Assets 2019: -$201,0802019Assets 2020: $1,558,867Liabilities 2020: $1,843,357Net Assets 2020: -$284,4902020Assets 2021: $1,732,222Liabilities 2021: $1,741,585Net Assets 2021: -$9,3632021Assets 2022: $1,925,621Liabilities 2022: $1,259,108Net Assets 2022: $666,5132022Assets 2023: $2,224,553Liabilities 2023: $1,413,930Net Assets 2023: $810,6232023Assets 2024: $2,044,818Liabilities 2024: $1,187,774Net Assets 2024: $857,0442024

Highlighted filing

2017

Assets$1,448,967
Liabilities$1,669,816
Net Assets-$220,849

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,205,1132010Expenses 2011: $1,910,7382011Revenue 2014: $1,410,676Expenses 2014: $1,448,112Net Income 2014: -$37,4362014Revenue 2015: $1,358,575Expenses 2015: $1,348,010Net Income 2015: $10,5652015Revenue 2017: $1,528,845Expenses 2017: $1,582,274Net Income 2017: -$53,4292017Revenue 2018: $1,657,164Expenses 2018: $1,605,913Net Income 2018: $51,2512018Revenue 2019: $1,580,620Expenses 2019: $1,583,442Net Income 2019: -$2,8222019Revenue 2020: $1,396,088Expenses 2020: $1,484,498Net Income 2020: -$88,4102020Revenue 2021: $1,984,552Expenses 2021: $1,713,205Net Income 2021: $271,3472021Revenue 2022: $2,005,233Expenses 2022: $1,925,772Net Income 2022: $79,4612022Revenue 2023: $2,090,583Expenses 2023: $1,951,973Net Income 2023: $138,6102023Revenue 2024: $2,310,848Expenses 2024: $2,268,677Net Income 2024: $42,1712024

Highlighted filing

2017

Revenue$1,528,845
Expenses$1,582,274
Net Income-$53,429
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 22, 2018
Return Version
2017v2.2
Gross Receipts
$1,746,268
Mission and Program Overview

Mission

To provide golf and outdoor fellowship to all members and guests

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,065,331$1,062,997▼ $2,334
Cash and Non-Interest-Bearing Accounts$236,157$179,532▼ $56,625
Accounts Receivable$126,923$132,471▲ $5,548
Prepaid Expenses and Deferred Charges$35,846$38,721▲ $2,875
Inventories for Sale or Use$24,829$35,246▲ $10,417
Total Assets$1,489,086$1,448,967▼ $40,119
Liabilities
Mortgage Notes Payable Secured by Investment Property$851,856$816,068▼ $35,788
Other Liabilities$537,500$550,000▲ $12,500
Accounts Payable and Accrued Expenses$196,295$219,131▲ $22,836
Deferred Revenue$60,855$84,617▲ $23,762
Total Liabilities$1,646,506$1,669,816▲ $23,310
Net Assets / Fund Balance
Temporarily Rstr Net Assets$452,899$469,370▲ $16,471
Permanently Rstr Net Assets$191,160$181,160▼ $10,000
Unrestricted Net Assets$-801,479$-871,379▼ $69,900
Total Net Assets Fund Balance$-157,420$-220,849▼ $63,429
Total Liabilities and Net Assets / Fund Balance$1,489,086$1,448,967▼ $40,119

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$911,375$767,297$1,678,672
Land$151,622-$151,622
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dan CookPresident
Brian MusholtDirector
Joseph OsierDirector
Ron UpperDirector
Ted NiemannDirector
Stephen D ChewPast Preside
Dennis SmithSecretary
James MitchellSecretary
Rich PoeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,083,023
Investment Income
$219
Other Revenue
$445,603
Change in Net Assets
$-53,429
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$803,123
Salaries, Compensation, and Employee Benefits$779,151
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$547,525$147,809-$695,334
Occupancy$28,945$58,919-$87,864
Depreciation Depletion$53,382$33,870-$87,252
Payroll Taxes$68,745$15,072-$83,817
All Other Expenses$34,717$47,249-$81,966
Insurance-$73,870-$73,870
Other Expenses$43,839$15,709-$59,548
Interest-$39,886-$39,886
Fees for Services Other$4,038$15,212-$19,250
Fees for Services Legal$2,910$11,551-$14,461
Total Functional Expenses$1,036,031$546,243$0$1,582,274
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
Stock Redemption$550,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Classes of members or stockholders members

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

Election of members and their rights each year, the membership elects by ballot three directors at the annual meeting. Directors serve three year terms.

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

Decisions subject to approval of members changes of the bylaws and significant capital expenditures must be approved by the full membership

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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Governing documents, policies, and financial statements are made available to members at the annual meeting and upon request to the general public

Filing and Contact Details

Filer

Filer Name
Spring Lake Association
EIN
37-0527420
Phone
2172225250
Address
5215 CLUBHOUSE DRIVE, QUINCY, IL 62301

Signing Officer

Name
Dan Cook
Title
President
Phone
2172225250
Signed
2018-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Cook
Formed
1916
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
99

Preparer

Firm
Danielle M Fleer CPA Pc
Address
P O BOX 3181, QUINCY, IL 62305
Preparer
Danielle M Fleer
Phone
2172220072
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

SEE 1, 2 & 3 ABOVE

Form 990, Part XI, Line 9

Stock redemption 2,500 stock purchases -12,500 total -10,000

Raw XML Appendix371 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/PYTotalExpensesAmt01447024
IRS990/PYTotalRevenueAmt01462888
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0151622
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0151622
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0911375
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0767297
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01678672
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0550000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STOCK REDEMPTION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01062997
IRS990ScheduleD/TotalLiabilityAmt0550000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEE 1, 2 & 3 ABOVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLASSES OF MEMBERS OR STOCKHOLDERS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ELECTION OF MEMBERS AND THEIR RIGHTS EACH YEAR, THE MEMBERSHIP ELECTS BY BALLOT THREE DIRECTORS AT THE ANNUAL MEETING. DIRECTORS SERVE THREE YEAR TERMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS SUBJECT TO APPROVAL OF MEMBERS CHANGES OF THE BYLAWS AND SIGNIFICANT CAPITAL EXPENDITURES MUST BE APPROVED BY THE FULL MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO MEMBERS AT THE ANNUAL MEETING AND UPON REQUEST TO THE GENERAL PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6STOCK REDEMPTION 2,500 STOCK PURCHASES -12,500 TOTAL -10,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0546243
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01036031
IRS990/TotalFunctionalExpensesGrp/TotalAmt01582274
IRS990/TotalGrossUBIAmt037533
IRS990/TotalLiabilitiesBOYAmt01646506
IRS990/TotalLiabilitiesEOYAmt01669816
IRS990/TotalLiabilitiesGrp/BOYAmt01646506
IRS990/TotalLiabilitiesGrp/EOYAmt01669816
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-157420
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-220849
IRS990/TotalProgramServiceRevenueAmt01083023
IRS990/TotalRevenueGrp/ExclusionAmt0219
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01491093
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01528845
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt037533
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01489086
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01448967
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-801479
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-871379
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01600 SILVERTHORNE
IRS990/USAddress/CityNm0QUINCY
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd062305
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.SPRINGLAKECOUNTRYCLUB.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAN COOK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02172225250
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPRING LAKE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0370527420
ReturnHeader/Filer/PhoneNum02172225250
ReturnHeader/Filer/USAddress/AddressLine1Txt05215 CLUBHOUSE DRIVE
ReturnHeader/Filer/USAddress/CityNm0QUINCY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062301
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AD5731CCD60D42A5685EC1CDF7301B9BCA1A97FC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AD5731CCD60D42A5685EC1CDF7301B9BCA1A97FC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.73.83.128
ReturnHeader/FilingSecurityInformation/IPDt02018-03-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:19:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203722677
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANIELLE M FLEER CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 3181
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0QUINCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062305
ReturnHeader/PreparerPersonGrp/PhoneNum02172220072
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIELLE M FLEER
ReturnHeader/ReturnTs02018-03-15T09:19:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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