Civic Intelligence

Springfield Motor Boat Club

EIN 37-0528059 • 501(c)7 • Springfield, IL

Profile

A family oriented social club where families can socialize and enjoy water activities

17 Club AreaSpringfield, IL 62707-9607

smbcweb.org

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.61x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

1.17x

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

501(c)7 • <$500k nonprofits • Source year 2016

Net Margin

89th percentile

32%

Higher net margin than 89% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

92nd percentile

52%

Faster asset growth than 92% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

86th percentile

36%

Faster revenue growth than 86% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$474,492

Up $162,780 (+52%) from 2015

Liabilities

Up

$291,368

Up $83,119 (+40%) from 2015

Net Assets

Up

$183,124

Up $79,661 (+77%) from 2015

Revenue

Up

$250,086

Up $65,767 (+36%) from 2015

Expenses

Down

$170,425

Down $163 (-0.1%) from 2015

Net Income

Up

$79,661

Up $65,930 (+480%) from 2015

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $168,769Liabilities 2013: $84,763Net Assets 2013: $84,0062013Assets 2014: $270,863Liabilities 2014: $181,131Net Assets 2014: $89,7322014Assets 2015: $311,712Liabilities 2015: $208,249Net Assets 2015: $103,4632015Assets 2016: $474,492Liabilities 2016: $291,368Net Assets 2016: $183,1242016

Highlighted filing

2016

Assets$474,492
Liabilities$291,368
Net Assets$183,124

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2013: $153,584Expenses 2013: $163,268Net Income 2013: -$9,6842013Revenue 2014: $184,925Expenses 2014: $179,199Net Income 2014: $5,7262014Revenue 2015: $184,319Expenses 2015: $170,588Net Income 2015: $13,7312015Revenue 2016: $250,086Expenses 2016: $170,425Net Income 2016: $79,6612016

Highlighted filing

2016

Revenue$250,086
Expenses$170,425
Net Income$79,661

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$347,403
Mission and Program Overview

Mission

A family oriented social club where families can socialize and enjoy water activities

A family oriented social club where families can socialize and enjoy water activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$247,332$386,994▲ $139,662
Savings and Temporary Cash Investments$50,000$50,000→ $0
Cash and Non-Interest-Bearing Accounts$6,461$32,470▲ $26,009
Inventories for Sale or Use$5,028$5,028→ $0
Prepaid Expenses and Deferred Charges$2,891--
Total Assets$311,712$474,492▲ $162,780
Liabilities
Other Liabilities$208,249$291,368▲ $83,119
Total Liabilities$208,249$291,368▲ $83,119
Net Assets / Fund Balance
Unrestricted Net Assets$103,463$183,124▲ $79,661
Total Net Assets Fund Balance$103,463$183,124▲ $79,661
Total Liabilities and Net Assets / Fund Balance$311,712$474,492▲ $162,780

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$386,994$163,275$550,269
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Barry JohnsonTreasurerPT$6,500$6,500
Ann MccaughanSecretaryPT$1,200$1,200

Board Members and Trustees

NameTitle
Mike LindseyCommodore
Steve ToddVice Commodo
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$240,673
Investment Income
$137
Other Revenue
$9,276
Change in Net Assets
$79,661
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$170,425
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
Occupancy---$84,568
Fees for Services Management---$33,900
Interest---$9,932
Insurance---$9,599
Office Expenses---$2,154
Other Expenses---$1,263
Fees for Services Accounting---$1,160
All Other Expenses---$1,080
Fees for Services Legal---$1,044
Total Functional Expenses$0$0$0$170,425
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
Dock Loan$227,629
Building Loan$50,000
Dock Security Deposit$10,600
Trivia Fund$2,239
Sea Wall Fund$900
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Springfield motor boat club is a membership organization

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

Membership elects board members

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

Major decisions of the board require the approval of the members

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

Treasurer reviews the form before filing

Form 990, Page 6, Part VI, Line 19

Springfield motor boat club is a private membership organization and does not make this information available to the general public

Filing and Contact Details

Filer

Filer Name
Springfield Motor Boat Club
EIN
37-0528059
Phone
2175291511
Address
17 CLUB AREA, SPRINGFIELD, IL 62707-9607

Signing Officer

Name
Barry Johnson
Title
Treasurer
Phone
2175291511
Signed
2017-11-15

Organization Details

Principal Officer
Mike Lindsey
Formed
1933
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
382

Preparer

Firm
Diane Wyatt CPA Pc
Address
3131 GREENHEAD DR STE D, SPRINGFIELD, IL 62711
Preparer
Diane Wyatt
Phone
2177937865
Raw XML Appendix283 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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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/Filer/PhoneNum02175291511
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371366304
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03131 GREENHEAD DR STE D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062711
ReturnHeader/PreparerPersonGrp/PhoneNum02177937865
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DIANE WYATT
ReturnHeader/ReturnTs02017-11-15T16:12:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.