Civic Intelligence

Olivia Golf Club Inc

990 • Fiscal year 2015 • EIN 41-0680450

Nov 01, 2014 to Oct 31, 2015 • Filed on Feb 18, 2016

P O Box 66Olivia, MN 56277

(320) 523-5014

Siviq Scores

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

Liabilities / Assets

84th percentile

0.31x

Higher debt load relative to assets than 84% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

76th percentile

0.11x

Higher debt load relative to revenue than 76% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Net Margin

66th percentile

8.8%

Higher net margin than 66% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Asset Growth

33rd percentile

-3.6%

Faster asset growth than 33% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

58th percentile

4.9%

Faster revenue growth than 58% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$96,028

Down $3,567 (-3.6%) from 2014

Net Assets

Up

$66,506

Up $1,206 (+1.8%) from 2014

Liabilities

Down

$29,522

Down $4,773 (-14%) from 2014

Revenue

Up

$264,887

Up $12,333 (+4.9%) from 2014

Expenses

Up

$241,632

Up $1,973 (+0.8%) from 2014

Net Income

Up

$23,255

Up $10,360 (+80%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $111,373Liabilities 2011: $31,404Net Assets 2011: $79,9692011Assets 2012: $75,441Liabilities 2012: $28,601Net Assets 2012: $46,8402012Assets 2013: $81,920Liabilities 2013: $29,515Net Assets 2013: $52,4052013Assets 2014: $99,595Liabilities 2014: $34,295Net Assets 2014: $65,3002014Assets 2015: $96,028Liabilities 2015: $29,522Net Assets 2015: $66,5062015Assets 2016: $118,091Liabilities 2016: $29,077Net Assets 2016: $89,0142016Assets 2017: $108,415Liabilities 2017: $26,470Net Assets 2017: $81,9452017Assets 2018: $129,605Liabilities 2018: $27,919Net Assets 2018: $101,6862018Assets 2019: $145,742Liabilities 2019: $43,038Net Assets 2019: $102,7042019Assets 2020: $362,931Liabilities 2020: $104,214Net Assets 2020: $258,7172020Assets 2021: $285,967Liabilities 2021: $43,580Net Assets 2021: $242,3872021Assets 2022: $255,033Liabilities 2022: $48,383Net Assets 2022: $206,6502022Assets 2023: $242,490Liabilities 2023: $53,845Net Assets 2023: $188,6452023Assets 2024: $239,502Liabilities 2024: $63,152Net Assets 2024: $176,3502024Assets 2025: $207,492Liabilities 2025: $85,286Net Assets 2025: $122,2062025

Highlighted filing

2015

Assets$96,028
Liabilities$29,522
Net Assets$66,506

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $255,471Expenses 2011: $231,276Net Income 2011: $24,1952011Expenses 2012: $289,4172012Revenue 2013: $252,227Expenses 2013: $247,038Net Income 2013: $5,1892013Revenue 2014: $252,554Expenses 2014: $239,659Net Income 2014: $12,8952014Revenue 2015: $264,887Expenses 2015: $241,632Net Income 2015: $23,2552015Revenue 2016: $269,733Expenses 2016: $247,513Net Income 2016: $22,2202016Revenue 2017: $238,972Expenses 2017: $246,118Net Income 2017: -$7,1462017Revenue 2018: $248,250Expenses 2018: $248,541Net Income 2018: -$2912018Revenue 2019: $245,441Expenses 2019: $244,563Net Income 2019: $8782019Revenue 2020: $402,824Expenses 2020: $246,981Net Income 2020: $155,8432020Revenue 2021: $303,293Expenses 2021: $271,102Net Income 2021: $32,1912021Revenue 2022: $282,831Expenses 2022: $318,263Net Income 2022: -$35,4322022Revenue 2023: $270,239Expenses 2023: $288,344Net Income 2023: -$18,1052023Revenue 2024: $277,732Expenses 2024: $290,027Net Income 2024: -$12,2952024Revenue 2025: $296,563Expenses 2025: $350,707Net Income 2025: -$54,1442025

Highlighted filing

2015

Revenue$264,887
Expenses$241,632
Net Income$23,255
Jump To
Filing Snapshot
Filing Period
Nov 1, 2014 to Oct 31, 2015
Signed
Feb 18, 2016
Return Version
2014v6.0
Gross Receipts
$316,334
Mission and Program Overview

Mission

To provide golf training and entertainment to members and guests.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$54,910$55,976▲ $1,066
Cash and Non-Interest-Bearing Accounts$36,525$43,332▲ $6,807
Land, Buildings, and Equipment, Net$44,833$33,673▼ $11,160
Inventories for Sale or Use$14,412$15,756▲ $1,344
Cap Stk Tr Prin Current Funds$10,390$10,530▲ $140
Prepaid Expenses and Deferred Charges$1,693$1,773▲ $80
Accounts Receivable$2,132$1,494▼ $638
Total Assets$99,595$96,028▼ $3,567
Liabilities
Other Liabilities$20,665$20,805▲ $140
Accounts Payable and Accrued Expenses$13,630$8,717▼ $4,913
Total Liabilities$34,295$29,522▼ $4,773
Net Assets / Fund Balance
Total Net Assets Fund Balance$65,300$66,506▲ $1,206
Total Liabilities and Net Assets / Fund Balance$99,595$96,028▼ $3,567

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$285,901--
Equipment$-252,228$703,903-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris RandlemanPresident
Greg MertensV President
Dave AltmannSecretary
Nancy AasethTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$156,885
Program Service Revenue
$9,102
Investment Income
$1,110
Other Revenue
$97,790
Change in Net Assets
$23,255
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$126,410
Salaries, Compensation, and Employee Benefits$115,222
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$106,188--$106,188
Occupancy$92,323--$92,323
Insurance$11,008--$11,008
Depreciation Depletion$10,220--$10,220
Payroll Taxes$9,034--$9,034
Other Expenses$4,148--$4,148
Fees for Services Accounting-$3,375-$3,375
Office Expenses-$2,049-$2,049
Advertising$107--$107
Total Functional Expenses$236,208$5,424$0$241,632
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 Debt -golf of Olivia$20,805
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Backup withholding compliance
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
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

Members or stockholder classes and rights Part VI line 6

Membership consists of one class of stock with equal voting rights.

Member election for additional members Part VI line 7A

All members have sequal voting rights and rights to serve on the governing board.

Governing body decisions Part VI line 7B

Governing board holds regular meetings and maintains minutes of each meeting.

Form 990 governing body review Part VI line 11

The governing board has reviewed this report prior to filing.

Officer director etc mailing address Part VI line 9

Each officer is from a different family and thus different mailing addresses but correspondence is generally sent to the entity office.

Other officer or key employee compensation Part VI line 15B

All officers serve without compensation and all employee compensation is reviewed annually by the board.

Governing documents etc available to public Part VI line 19

All governing documents are available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Olivia Golf Club Inc
EIN
41-0680450
Address
P O BOX 66, OLIVIA, MN 56277

Signing Officer

Name
Dave Altmann
Title
Secretary
Phone
3205235014
Signed
2016-02-18
Discuss with paid preparer
No

Organization Details

Principal Officer
Chris Randleman
Formed
1950
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
19

Preparer

Firm
Duane W Senger CPA
Address
908 W Lincoln Ave, Olivia, MN 56277
Preparer
Duane W Senger
Phone
3205235272
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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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ReturnHeader/BusinessOfficerGrp/PhoneNum03205235014
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLIVIA GOLF CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0OLIV
ReturnHeader/Filer/EIN0410680450
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 66
ReturnHeader/Filer/USAddress/CityNm0OLIVIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056277
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411852335
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Duane W Senger CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0908 W Lincoln Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Olivia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056277
ReturnHeader/PreparerPersonGrp/PhoneNum03205235272
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Duane W Senger
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-03-09T18:44:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-11-01
ReturnHeader/TaxPeriodEndDt02015-10-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.07$0.85$1.22$2.97$3.51$0.54
2024Detailed filing. Detailed filing data is available for this year.$2.40$0.63$1.76$2.78$2.90$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.42$0.54$1.89$2.70$2.88$0.18
2022Detailed filing. Detailed filing data is available for this year.$2.55$0.48$2.07$2.83$3.18$0.35
2021Detailed filing. Detailed filing data is available for this year.$2.86$0.44$2.42$3.03$2.71$0.32
2020Detailed filing. Detailed filing data is available for this year.$3.63$1.04$2.59$4.03$2.47$1.56
2019Detailed filing. Detailed filing data is available for this year.$1.46$0.43$1.03$2.45$2.45$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.30$0.28$1.02$2.48$2.49$0.00
2017Summary only. Only limited summary data is available for this year.$1.08$0.26$0.82$2.39$2.46$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.29$0.89$2.70$2.48$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.96$0.30$0.67$2.65$2.42$0.23
2014Summary only. Only limited summary data is available for this year.$1.00$0.34$0.65$2.53$2.40$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.30$0.52$2.52$2.47$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.29$0.47$2.89
2011Summary only. Only limited summary data is available for this year.$1.11$0.31$0.80$2.55$2.31$0.24