Civic Intelligence

Marshall Golf Club Inc

990 • Fiscal year 2018 • EIN 41-0395645

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 30, 2019

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

57th percentile

0.31x

Higher debt load relative to assets than 57% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

52nd percentile

0.46x

Higher debt load relative to revenue than 52% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Net Margin

25th percentile

-3.6%

Higher net margin than 25% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Asset Growth

85th percentile

11%

Faster asset growth than 85% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

38th percentile

-0.5%

Faster revenue growth than 38% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,204,674

Up $122,692 (+11%) from 2017

Net Assets

Down

$832,556

Down $25,946 (-3.0%) from 2017

Liabilities

Up

$372,118

Up $148,638 (+67%) from 2017

Revenue

Down

$808,283

Down $4,230 (-0.5%) from 2017

Expenses

Up

$837,329

Up $51,901 (+6.6%) from 2017

Net Income

Down

-$29,046

Down $56,131 (-207%) from 2017

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

2018

Assets$1,204,674
Liabilities$372,118
Net Assets$832,556

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

2018

Revenue$808,283
Expenses$837,329
Net Income-$29,046
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 30, 2019
Return Version
2018v3.1
Gross Receipts
$985,466
Mission and Program Overview

Mission

Allow members to golf and socialize

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,030,335$1,106,069▲ $75,734
Rtn Earn Endowment Incm Other Fnds$548,453$519,407▼ $29,046
Cap Stk Tr Prin Current Funds$310,049$313,149▲ $3,100
Inventories for Sale or Use$30,873$57,571▲ $26,698
Prepaid Expenses and Deferred Charges$5,522$16,031▲ $10,509
Cash and Non-Interest-Bearing Accounts$773$13,144▲ $12,371
Accounts Receivable$13,395$10,183▼ $3,212
Total Assets$1,081,982$1,204,674▲ $122,692
Other Assets Total$1,084$1,676▲ $592
Liabilities
Mortgage Notes Payable Secured by Investment Property$183,473$346,563▲ $163,090
Other Liabilities$27,000$25,102▼ $1,898
Accounts Payable and Accrued Expenses$11,598$353▼ $11,245
Deferred Revenue$1,409$100▼ $1,309
Total Liabilities$223,480$372,118▲ $148,638
Net Assets / Fund Balance
Total Net Assets Fund Balance$858,502$832,556▼ $25,946
Total Liabilities and Net Assets / Fund Balance$1,081,982$1,204,674▲ $122,692

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$411,410$935,816$1,347,226
Equipment$168,276$730,732$899,008
Land$526,383-$526,383
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason LewisBoard Chair
Joe KrallVice Chair
Jesse ThordsonDirector
Kari LoftDirector
Nick DecampDirector
Tim StegnerDirector
Troy DeutzDirector
Amode DamleSecretary
Jeremy GossenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$491,261
Investment Income
$1
Other Revenue
$317,021
Change in Net Assets
$-29,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$465,492
Salaries, Compensation, and Employee Benefits$371,837
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$320,815
All Other Expenses---$113,345
Depreciation Depletion---$48,292
Payroll Taxes---$45,445
Insurance---$34,819
Other Expenses---$33,089
Fees for Services Other---$29,330
Interest---$12,656
Office Expenses---$9,283
Advertising---$6,505
Other Employee Benefits---$5,577
Fees for Services Accounting---$5,345
Total Functional Expenses$0$0$0$837,329
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$14,650
Payroll Payable$3,663
Payroll Liabilities$2,621
Sales Tax Payable$2,053
Insurance Payable$1,465
Gift Certificates$650
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
Board Chair
Phone
5075322278
Signed
2019-08-30
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
50
Volunteers
22

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

Lease payments 32,247 0 0 equipment maintenance 28,800 0 0 maintenance supplies 15,334 0 0 bank charges 14,314 0 0 licenses & fees 5,660 0 0 continuing education 5,025 0 0 supplies provided to golf 4,466 0 0 telephone 3,423 0 0 dues & subscriptions 1,680 0 0 flowers & decorations 1,367 0 0 printing 517 0 0 promo - beverage & food 389 0 0 employee uniforms 123 0 0 total 113,345 0 0

Form 990, Part XI, Line 9

Sale of additional capital 3,100 sales of additional capital 3100

Raw XML Appendix367 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/LandGrp/OtherCostOrOtherBasisAmt0526383
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014650
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13663
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32053
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41465
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5650
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID BANQUET ROOM RENTAL FEE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4INSURANCE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5GIFT CERTIFICATES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01106069
IRS990ScheduleD/TotalLiabilityAmt025102
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/ExplanationTxt6LEASE PAYMENTS 32,247 0 0 EQUIPMENT MAINTENANCE 28,800 0 0 MAINTENANCE SUPPLIES 15,334 0 0 BANK CHARGES 14,314 0 0 LICENSES & FEES 5,660 0 0 CONTINUING EDUCATION 5,025 0 0 SUPPLIES PROVIDED TO GOLF 4,466 0 0 TELEPHONE 3,423 0 0 DUES & SUBSCRIPTIONS 1,680 0 0 FLOWERS & DECORATIONS 1,367 0 0 PRINTING 517 0 0 PROMO - BEVERAGE & FOOD 389 0 0 EMPLOYEE UNIFORMS 123 0 0 TOTAL 113,345 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SALE OF ADDITIONAL CAPITAL 3,100 SALES OF ADDITIONAL CAPITAL 3100
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01081982
IRS990/TotalAssetsEOYAmt01204674
IRS990/TotalAssetsGrp/BOYAmt01081982
IRS990/TotalAssetsGrp/EOYAmt01204674
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt050
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0837329
IRS990/TotalGrossUBIAmt0159253
IRS990/TotalLiabilitiesBOYAmt0223480
IRS990/TotalLiabilitiesEOYAmt0372118
IRS990/TotalLiabilitiesGrp/BOYAmt0223480
IRS990/TotalLiabilitiesGrp/EOYAmt0372118
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0858502
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0832556
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt028073
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt033517
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt05444
IRS990/TotalProgramServiceExpensesAmt0837329
IRS990/TotalProgramServiceRevenueAmt0491261
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0649030
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0808283
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0159253
IRS990/TotalVolunteersCnt022
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01081982
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01204674
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.MARSHALLGOLFCLUB.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON LEWIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05075322278
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-30
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/AtSubmissionCreationDeviceId01C2858DB1C13A9AD90F5168B9ADF9153298FCAD1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId099B11454ABF11F32C51337A196BBD87F5BCF534E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.16.91.6
ReturnHeader/FilingSecurityInformation/IPDt02019-09-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:05:41
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/PreparationDt02019-08-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIC EBEN CPA
ReturnHeader/ReturnTs02019-09-19T08:05:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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
2018Detailed filing. Detailed filing data is available for this year.$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
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$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