Civic Intelligence

Windermere Baptist Conference Center

990 • Fiscal year 2014 • EIN 43-1905773

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 03, 2015

PO Box 458Roach, MO 65787

(573) 346-5200

Siviq Scores

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

Liabilities / Assets

96th percentile

1.18x

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

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

6.31x

Higher debt load relative to revenue than 95% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

4th percentile

-63%

Higher net margin than 4% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

14th percentile

$53,831

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

10th percentile

-8.0%

Faster asset growth than 10% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

9th percentile

-24%

Faster revenue growth than 9% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Down

$15,189,521

Down $1,313,025 (-8.0%) from 2013

Net Assets

Down

-$2,796,315

Down $1,874,809 (-203%) from 2013

Liabilities

Up

$17,985,836

Up $561,784 (+3.2%) from 2013

Revenue

Down

$2,849,145

Down $902,169 (-24%) from 2013

Expenses

Up

$4,648,058

Up $261,213 (+6.0%) from 2013

Net Income

Down

-$1,798,913

Down $1,163,382 (-183%) from 2013

Historical Trend

Balance Sheet Trend

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

$20M$10M$0-$10MAssets 2010: $16,664,122Liabilities 2010: $15,831,332Net Assets 2010: $832,7902010Assets 2011: $16,171,823Liabilities 2011: $16,224,771Net Assets 2011: -$52,9482011Assets 2012: $17,030,911Liabilities 2012: $17,317,613Net Assets 2012: -$286,7022012Assets 2013: $16,502,546Liabilities 2013: $17,424,052Net Assets 2013: -$921,5062013Assets 2014: $15,189,521Liabilities 2014: $17,985,836Net Assets 2014: -$2,796,3152014Assets 2015: $15,089,747Liabilities 2015: $18,510,710Net Assets 2015: -$3,420,9632015Assets 2016: $14,900,735Liabilities 2016: $18,583,409Net Assets 2016: -$3,682,6742016Assets 2017: $14,542,974Liabilities 2017: $18,458,830Net Assets 2017: -$3,915,8562017Assets 2018: $13,439,689Liabilities 2018: $17,860,035Net Assets 2018: -$4,420,3462018

Highlighted filing

2014

Assets$15,189,521
Liabilities$17,985,836
Net Assets-$2,796,315

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $3,536,606Expenses 2010: $4,612,425Net Income 2010: -$1,075,8192010Expenses 2011: $4,460,0932011Expenses 2012: $4,221,2782012Revenue 2013: $3,751,314Expenses 2013: $4,386,845Net Income 2013: -$635,5312013Revenue 2014: $2,849,145Expenses 2014: $4,648,058Net Income 2014: -$1,798,9132014Revenue 2015: $2,898,819Expenses 2015: $3,523,467Net Income 2015: -$624,6482015Revenue 2016: $2,523,412Expenses 2016: $2,785,123Net Income 2016: -$261,7112016Revenue 2017: $2,483,363Expenses 2017: $2,716,545Net Income 2017: -$233,1822017Revenue 2018: $2,178,375Expenses 2018: $2,682,865Net Income 2018: -$504,4902018

Highlighted filing

2014

Revenue$2,849,145
Expenses$4,648,058
Net Income-$1,798,913
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 3, 2015
Return Version
2014v5.0
Gross Receipts
$2,849,145
Mission and Program Overview

Mission

As a dedicated, christ-like team we will provide a christian setting in which life changing experiences may occur for all involved. The purposes for which this corporation is formed are to own, establish and maintain in perpetuity conference, recreational, and other facilities, that respond to the needs of contemporary society and are consistent with christian family values,and any other purposes consistent with "the missouri nonprofit corporation act."

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,798,224$14,713,810▼ $84,414
Loans From Officers Directors$436,939$470,179▲ $33,240
Cash and Non-Interest-Bearing Accounts$1,559,609$440,140▼ $1,119,469
Pledges and Grants Receivable$94,894--
Inventories for Sale or Use$22,841$15,840▼ $7,001
Investments in Publicly Traded Securities$14,018$13,776▼ $242
Accounts Receivable$8,931$5,877▼ $3,054
Prepaid Expenses and Deferred Charges$4,029$78▼ $3,951
Total Assets$16,502,546$15,189,521▼ $1,313,025
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,888,000$12,888,000→ $0
Accounts Payable and Accrued Expenses$2,485,075$2,777,869▲ $292,794
Unsecured Notes Loans Payable$1,545,970$1,761,799▲ $215,829
Deferred Revenue$43,654$69,209▲ $25,555
Other Liabilities$24,414$18,780▼ $5,634
Total Liabilities$17,424,052$17,985,836▲ $561,784
Net Assets / Fund Balance
Permanently Rstr Net Assets$64,018$63,776▼ $242
Unrestricted Net Assets$-985,524$-2,860,091▼ $1,874,567
Total Net Assets Fund Balance$-921,506$-2,796,315▼ $1,874,809
Total Liabilities and Net Assets / Fund Balance$16,502,546$15,189,521▼ $1,313,025

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,044,061$8,549,187$21,593,248
Other Land Buildings$1,541,774$1,356,843$2,898,617
Equipment$82,825$1,215,529$1,298,354
Land$45,150-$45,150
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
-CEO (former)FT$53,831$53,831

Board Members and Trustees

NameTitle
Larry SkaggsChairperson
Jackie WoolseyVice Chairpe
-Trustee
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$343,165
Program Service Revenue
$2,345,452
Investment Income
$115,989
Other Revenue
$44,539
All Other Contributions
$343,165
Change in Net Assets
$-1,798,913

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,849,145
Revenue Not Reported on Form 990
$-1,583
Total Revenue per Audited Statements
$2,847,562
Total Revenue per Form 990
$2,849,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,594,295
Salaries, Compensation, and Employee Benefits$1,053,763
Total Fundraising Expense$167,151
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$1,319,526-$1,319,526
Other Salaries and Wages$605,371$163,618$138,142$907,131
Occupancy$671,500$23,997-$695,497
Depreciation Depletion$586,096$1,123-$587,219
All Other Expenses$100,414$50,337$244$150,995
Other Employee Benefits$38,603$22,604$16,878$78,085
Fees for Services Legal-$77,673-$77,673
Payroll Taxes$45,624$12,414$10,509$68,547
Other Expenses$51,425$11,837$1,378$64,640
Office Expenses$42,062$8,115-$50,177
Travel$5,031$4,905-$9,936
Fees for Services Accounting-$5,150-$5,150
Total Functional Expenses$2,691,866$1,789,041$167,151$4,648,058

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,722,371
Expenses per Audited Statements$4,648,058
Total Expenses per Form 990$4,648,058
Expenses Not Reported on Form 990$74,313
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$436,939$470,179▲ $33,240
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Leased Equipment$18,780
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the 990 was given to the audit committee for review prior to its filing.

Form 990, Page 6, Part VI, Line 12C

Questionnaires will be updated & reviewed annually by the board of directors during their annual meeting. They will take any action they deem necessary at that time.

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

The cfo's salary is based on the market for individuals with the skills to manage the financial affairs of the organization, this is approved by the board.

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

The cfo's salary is based on the market for individuals with the skills to manage the financial affairs of the organization.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Windermere Baptist Conference
EIN
43-1905773
Phone
5733465200
Address
PO BOX 458, ROACH, MO 65787

Signing Officer

Name
Nick Malloy
Title
CFO
Phone
5733465200
Signed
2015-11-03

Organization Details

Principal Officer
Nick Malloy
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
132

Preparer

Firm
GERDING KORTE & CHITWOOD PC CPA'S
Address
20 SOUTH FIFTH STREET, COLUMBIA, MO 65201
Preparer
James R Mcginnis
Phone
5734491599
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

As a dedicated, christ-like team we will provide a christian setting in which life changing experiences may occur for all involved. The purposes for which this corporation is formed are to own, establish and maintain in perpetuity conference, recreational, and other facilities, that respond to the needs of contemporary society and are consistent with christian family values,and any other purposes consistent with "the missouri nonprofit corporation act."

Form 990, Part XI, Line 9

Unrealized gain on investments -1,583

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Unrealized gain on investments -1,583

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