Civic Intelligence

Marshall Golf Club Inc

990 • Fiscal year 2016 • EIN 41-0395645

Jan 01, 2016 to Dec 31, 2016 • Filed on May 10, 2017

800 Country Club DriveMarshall, MN 56258

(507) 532-2278

Siviq Scores

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

Liabilities / Assets

50th percentile

0.25x

Higher debt load relative to assets than 50% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

0.35x

Higher debt load relative to revenue than 46% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Net Margin

23rd percentile

-4.0%

Higher net margin than 23% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

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.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Asset Growth

27th percentile

-2.8%

Faster asset growth than 27% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

49th percentile

2.1%

Faster revenue growth than 49% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,097,263

Down $31,100 (-2.8%) from 2015

Net Assets

Down

$828,217

Down $26,365 (-3.1%) from 2015

Liabilities

Down

$269,046

Down $4,735 (-1.7%) from 2015

Revenue

Up

$758,939

Up $15,861 (+2.1%) from 2015

Expenses

Up

$789,104

Up $29,759 (+3.9%) from 2015

Net Income

Down

-$30,165

Down $13,898 (-85%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,294,543Liabilities 2011: $402,161Net Assets 2011: $892,3822011Assets 2012: $1,282,578Liabilities 2012: $408,432Net Assets 2012: $874,1462012Assets 2013: $1,229,114Liabilities 2013: $344,846Net Assets 2013: $884,2682013Assets 2014: $1,206,963Liabilities 2014: $340,314Net Assets 2014: $866,6492014Assets 2015: $1,128,363Liabilities 2015: $273,781Net Assets 2015: $854,5822015Assets 2016: $1,097,263Liabilities 2016: $269,046Net Assets 2016: $828,2172016Assets 2017: $1,081,982Liabilities 2017: $223,480Net Assets 2017: $858,5022017Assets 2018: $1,204,674Liabilities 2018: $372,118Net Assets 2018: $832,5562018Assets 2019: $1,225,100Liabilities 2019: $479,848Net Assets 2019: $745,2522019Assets 2020: $1,131,973Liabilities 2020: $476,329Net Assets 2020: $655,6442020Assets 2021: $1,180,867Liabilities 2021: $440,595Net Assets 2021: $740,2722021Assets 2022: $1,191,521Liabilities 2022: $456,417Net Assets 2022: $735,1042022Assets 2023: $1,428,471Liabilities 2023: $656,738Net Assets 2023: $771,7332023Assets 2024: $1,543,336Liabilities 2024: $763,526Net Assets 2024: $779,8102024

Highlighted filing

2016

Assets$1,097,263
Liabilities$269,046
Net Assets$828,217

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $832,4062011Revenue 2012: $736,461Expenses 2012: $777,886Net Income 2012: -$41,4252012Revenue 2013: $769,219Expenses 2013: $762,597Net Income 2013: $6,6222013Revenue 2014: $777,944Expenses 2014: $798,063Net Income 2014: -$20,1192014Revenue 2015: $743,078Expenses 2015: $759,345Net Income 2015: -$16,2672015Revenue 2016: $758,939Expenses 2016: $789,104Net Income 2016: -$30,1652016Revenue 2017: $812,513Expenses 2017: $785,428Net Income 2017: $27,0852017Revenue 2018: $808,283Expenses 2018: $837,329Net Income 2018: -$29,0462018Revenue 2019: $775,392Expenses 2019: $863,496Net Income 2019: -$88,1042019Revenue 2020: $746,741Expenses 2020: $838,533Net Income 2020: -$91,7922020Revenue 2021: $1,039,243Expenses 2021: $963,015Net Income 2021: $76,2282021Revenue 2022: $1,146,413Expenses 2022: $1,157,381Net Income 2022: -$10,9682022Revenue 2023: $1,315,439Expenses 2023: $1,283,010Net Income 2023: $32,4292023Revenue 2024: $1,422,586Expenses 2024: $1,419,534Net Income 2024: $3,0522024

Highlighted filing

2016

Revenue$758,939
Expenses$789,104
Net Income-$30,165
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 10, 2017
Return Version
2016v3.0
Gross Receipts
$845,739
Mission and Program Overview

Mission

Allow members to golf and socialize

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,088,415$1,047,222▼ $41,193
Rtn Earn Endowment Incm Other Fnds$551,533$521,368▼ $30,165
Cap Stk Tr Prin Current Funds$303,049$306,849▲ $3,800
Inventories for Sale or Use$15,724$25,867▲ $10,143
Cash and Non-Interest-Bearing Accounts$9,870$10,770▲ $900
Prepaid Expenses and Deferred Charges$5,460$8,138▲ $2,678
Accounts Receivable$7,302$3,927▼ $3,375
Total Assets$1,128,363$1,097,263▼ $31,100
Other Assets Total$1,592$1,339▼ $253
Liabilities
Mortgage Notes Payable Secured by Investment Property$242,133$218,240▼ $23,893
Other Liabilities$15,338$32,530▲ $17,192
Accounts Payable and Accrued Expenses$13,130$18,276▲ $5,146
Deferred Revenue$3,180--
Total Liabilities$273,781$269,046▼ $4,735
Net Assets / Fund Balance
Total Net Assets Fund Balance$854,582$828,217▼ $26,365
Total Liabilities and Net Assets / Fund Balance$1,128,363$1,097,263▼ $31,100

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$471,355$875,871$1,347,226
Equipment$49,484$700,012$749,496
Land$526,383-$526,383
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark VeghlandPresident
Amode DamleDirector
Jeff JenningsDirector
Jesse ThordsonDirector
Tim DeutzDirector
Tom EllingsonDirector
Jeremy GossenTreasurer
Jason LewisVice
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$523,055
Investment Income
$0
Other Revenue
$235,884
Change in Net Assets
$-30,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$434,937
Salaries, Compensation, and Employee Benefits$354,167
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$308,709
All Other Expenses---$82,983
Depreciation Depletion---$41,447
Payroll Taxes---$37,358
Other Expenses---$36,380
Insurance---$30,633
Fees for Services Other---$19,804
Interest---$11,540
Other Employee Benefits---$8,100
Fees for Services Accounting---$6,488
Office Expenses---$6,051
Advertising---$4,067
Total Functional Expenses$0$0$0$789,104
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
Prepaid Banquet Room Rental Fee$13,625
Deferred Tee Sign Revenue$9,400
Accrued Payroll$3,734
Payroll Liabilities$1,600
Sales Tax Payable$1,541
Gratuities Payable$976
Due to Other Parties$674
Insurance Payable$627
Gift Certificates$353
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
Yes
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

Every active member of the marshall golf club holds at a minimum 4 shares of stock.

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

At the annual membership meetings, the members in good standing have the opportunity to vote for the 9 member board of directors (3 members each year with a 3 year term). The 9 member board then elects the officers for the board of directors.

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

Any changes to the by-laws or articles of incorporation need the approval of the members at the annual meeting or a special meeting called by the board of directors.

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

The board was given a copy of the return to review before filing. No questions were posed by the board of directors.

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

The marshall golf club has three managers who recieve annual reviews and salary updates approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Marshall Golf Club
EIN
41-0395645
Phone
5075322278
Address
800 COUNTRY CLUB DRIVE, MARSHALL, MN 56258

Signing Officer

Name
Jason Lewis
Title
Vice
Phone
5075322278
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Lewis
Formed
1972
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
49
Volunteers
20

Preparer

Firm
Hoffman & Brobst Pllp
Address
PO BOX 548, MARSHALL, MN 56258
Preparer
Eric Eben CPA
Phone
5075325735
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Equipment maintenance 18,675 0 0 building maintenance 16,437 0 0 maintenance supplies 15,497 0 0 bank charges 13,013 0 0 supplies provided to golf 6,299 0 0 licenses & fees 5,952 0 0 telephone 2,611 0 0 dues & subscriptions 1,409 0 0 flowers & decorations 755 0 0 printing 596 0 0 cleaning services 543 0 0 bad debt expense 399 0 0 continuing education 270 0 0 promo - beverage & food 234 0 0 employee uniforms 233 0 0 linen service 60 0 0 total 82,983 0 0

Form 990, Part XI, Line 9

Sale of additional capital 3,800

Raw XML Appendix356 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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt8353
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID BANQUET ROOM RENTAL FEE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED TEE SIGN REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5GRATUITIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6DUE TO OTHER PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7INSURANCE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc8GIFT CERTIFICATES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01047222
IRS990ScheduleD/TotalLiabilityAmt032530
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EVERY ACTIVE MEMBER OF THE MARSHALL GOLF CLUB HOLDS AT A MINIMUM 4 SHARES OF STOCK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE ANNUAL MEMBERSHIP MEETINGS, THE MEMBERS IN GOOD STANDING HAVE THE OPPORTUNITY TO VOTE FOR THE 9 MEMBER BOARD OF DIRECTORS (3 MEMBERS EACH YEAR WITH A 3 YEAR TERM). THE 9 MEMBER BOARD THEN ELECTS THE OFFICERS FOR THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY CHANGES TO THE BY-LAWS OR ARTICLES OF INCORPORATION NEED THE APPROVAL OF THE MEMBERS AT THE ANNUAL MEETING OR A SPECIAL MEETING CALLED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD WAS GIVEN A COPY OF THE RETURN TO REVIEW BEFORE FILING. NO QUESTIONS WERE POSED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MARSHALL GOLF CLUB HAS THREE MANAGERS WHO RECIEVE ANNUAL REVIEWS AND SALARY UPDATES APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EQUIPMENT MAINTENANCE 18,675 0 0 BUILDING MAINTENANCE 16,437 0 0 MAINTENANCE SUPPLIES 15,497 0 0 BANK CHARGES 13,013 0 0 SUPPLIES PROVIDED TO GOLF 6,299 0 0 LICENSES & FEES 5,952 0 0 TELEPHONE 2,611 0 0 DUES & SUBSCRIPTIONS 1,409 0 0 FLOWERS & DECORATIONS 755 0 0 PRINTING 596 0 0 CLEANING SERVICES 543 0 0 BAD DEBT EXPENSE 399 0 0 CONTINUING EDUCATION 270 0 0 PROMO - BEVERAGE & FOOD 234 0 0 EMPLOYEE UNIFORMS 233 0 0 LINEN SERVICE 60 0 0 TOTAL 82,983 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SALE OF ADDITIONAL CAPITAL 3,800
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01128363
IRS990/TotalAssetsEOYAmt01097263
IRS990/TotalAssetsGrp/BOYAmt01128363
IRS990/TotalAssetsGrp/EOYAmt01097263
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt049
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0789104
IRS990/TotalGrossUBIAmt0149216
IRS990/TotalLiabilitiesBOYAmt0273781
IRS990/TotalLiabilitiesEOYAmt0269046
IRS990/TotalLiabilitiesGrp/BOYAmt0273781
IRS990/TotalLiabilitiesGrp/EOYAmt0269046
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0854582
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0828217
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt030280
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt038275
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt07995
IRS990/TotalProgramServiceExpensesAmt0789104
IRS990/TotalProgramServiceRevenueAmt0523055
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0609723
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0758939
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0149216
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01128363
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01097263
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.MARSHALLGOLFCLUB.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON LEWIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE
ReturnHeader/BusinessOfficerGrp/PhoneNum05075322278
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARSHALL GOLF CLUB
ReturnHeader/Filer/BusinessNameControlTxt0MARS
ReturnHeader/Filer/EIN0410395645
ReturnHeader/Filer/PhoneNum05075322278
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 COUNTRY CLUB DRIVE
ReturnHeader/Filer/USAddress/CityNm0MARSHALL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056258
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C6B9AF5E5AE9B5217F9F638E28291ED56FAEE871
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04099E6CFCD227715FDD51C5EABF743765C902A3F
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410978542
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOFFMAN & BROBST PLLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 548
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARSHALL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056258
ReturnHeader/PreparerPersonGrp/PhoneNum05075325735
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIC EBEN CPA
ReturnHeader/ReturnTs02017-05-15T11:57:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.76$0.78$1.42$1.42$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.66$0.77$1.32$1.28$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.46$0.74$1.15$1.16$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.44$0.74$1.04$0.96$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.48$0.66$0.75$0.84$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.48$0.75$0.78$0.86$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.37$0.83$0.81$0.84$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.22$0.86$0.81$0.79$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.10$0.27$0.83$0.76$0.79$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.13$0.27$0.85$0.74$0.76$0.02
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.34$0.87$0.78$0.80$0.02
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.23$0.34$0.88$0.77$0.76$0.01
2012Summary only. Only limited summary data is available for this year.$1.28$0.41$0.87$0.74$0.78$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.40$0.89$0.83