Civic Intelligence

New Rockford Golf Club

EIN 45-0229436 • 501(c)7 • New Rockford, ND

Profile

To encourage and promote the game of golf.

PO Box 488New Rockford, ND 58356

n/A

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.22x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

76th percentile

0.38x

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

501(c)7 • $500k-$1M nonprofits • Source year 2016

Net Margin

82nd percentile

23%

Higher net margin than 82% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)7 • $500k-$1M nonprofits • Source year 2016

Asset Growth

75th percentile

11%

Faster asset growth than 75% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

34th percentile

-1.0%

Faster revenue growth than 34% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$548,146

Up $55,552 (+11%) from 2015

Liabilities

Down

$118,709

Down $17,389 (-13%) from 2015

Net Assets

Up

$429,437

Up $72,941 (+20%) from 2015

Revenue

Down

$314,415

Down $3,147 (-1.0%) from 2015

Expenses

Down

$241,056

Down $23,471 (-8.9%) from 2015

Net Income

Up

$73,359

Up $20,324 (+38%) from 2015

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $175,677Liabilities 2012: $73,0262012Assets 2013: $451,548Liabilities 2013: $185,105Net Assets 2013: $266,4432013Assets 2014: $453,805Liabilities 2014: $150,344Net Assets 2014: $303,4612014Assets 2015: $492,594Liabilities 2015: $136,098Net Assets 2015: $356,4962015Assets 2016: $548,146Liabilities 2016: $118,709Net Assets 2016: $429,4372016

Highlighted filing

2016

Assets$548,146
Liabilities$118,709
Net Assets$429,437

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2012: $96,077Expenses 2012: $94,461Net Income 2012: $1,6162012Expenses 2013: $174,0152013Revenue 2014: $249,174Expenses 2014: $211,925Net Income 2014: $37,2492014Revenue 2015: $317,562Expenses 2015: $264,527Net Income 2015: $53,0352015Revenue 2016: $314,415Expenses 2016: $241,056Net Income 2016: $73,3592016

Highlighted filing

2016

Revenue$314,415
Expenses$241,056
Net Income$73,359

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Aug 9, 2016
Return Version
2015v2.1
Gross Receipts
$696,145
Mission and Program Overview

Mission

To encourage and promote the game of golf.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$401,516$435,146▲ $33,630
Rtn Earn Endowment Incm Other Fnds$356,496$429,437▲ $72,941
Savings and Temporary Cash Investments$75,564$61,764▼ $13,800
Cash and Non-Interest-Bearing Accounts$7,665$40,950▲ $33,285
Investments Other Securities$7,849$10,286▲ $2,437
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$492,594$548,146▲ $55,552
Liabilities
Mortgage Notes Payable Secured by Investment Property$132,795$113,394▼ $19,401
Accounts Payable and Accrued Expenses$3,303$3,751▲ $448
Other Liabilities$0$1,564▲ $1,564
Total Liabilities$136,098$118,709▼ $17,389
Net Assets / Fund Balance
Total Net Assets Fund Balance$356,496$429,437▲ $72,941
Total Liabilities and Net Assets / Fund Balance$492,594$548,146▲ $55,552

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$274,293$250,399$524,692
Equipment$160,853$110,009$270,862
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert CudworthPresident
Bob BelquistVice President
Jim HoveyBoard Member
Lucas WeisenburgerBoard Member
Michael MhyreSecretary
Elliot BelquistTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$41,751
Program Service Revenue
$0
Investment Income
$2,775
Other Revenue
$269,889
All Other Contributions
$5,000
Change in Net Assets
$73,359
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$134,573
Salaries, Compensation, and Employee Benefits$106,483
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$95,386--$95,386
All Other Expenses$36,756--$36,756
Depreciation Depletion---$25,977
Occupancy$15,800--$15,800
Payroll Taxes$11,097--$11,097
Other Expenses$7,287--$7,287
Interest$5,865--$5,865
Office Expenses$5,005--$5,005
Insurance$4,296--$4,296
Advertising$1,991--$1,991
Fees for Services Accounting$1,400--$1,400
Total Functional Expenses$215,079$0$0$241,056
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$343,080
Gaming Direct Expenses$252,272
Fundraising Direct Expenses$650
Fundraising Gross Income$650
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
Payroll Liabilities$1,564
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, Part VI, Section A, Line 2

Because the city of new rockford is a small community it is difficult to assemble a board of goveners that have no relationships. There are a few board members that are related or are close freinds because of this.

Form 990, Part VI, Section A, Line 6

The new rockford golf course has members in the form of annual club membership. This allows members to have a voting voice at the annual meeting and gives them the ability to golf on the course for paying a onetime fee. This membership in no way reflects ownership of the new rockford golf course.

Form 990, Part VI, Section A, Line 7A

Memebers of the new rockford golf course have the ability to vote on specific golf course matters. Some examples include voting on the board of goveners or other matters involving the golf course at the annual meeting.

Form 990, Part VI, Section A, Line 7B

The appointment of the board of governers is voted on by the members of the new rockford golf course. Which does not need the approval of the board of governers. This election takes place at the annual meeting.

Form 990, Part VI, Section B, Line 11

A copy of the 990 is presented to the board of governers to review before submission of the return. The 990 is also made available to the members of the new rockford golf course.

Form 990, Part VI, Section C, Line 19

The 990 and other documents that the members of the new rockford golf course are interested in seeing are available upon request of such documentation.

Filing and Contact Details

Filer

Filer Name
New Rockford Golf Club
EIN
45-0229436
Phone
7019472385
Address
PO BOX 488, NEW ROCKFORD, ND 58356

Signing Officer

Name
Robert Cudworth
Title
President
Phone
7019472385
Signed
2016-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Cudworth
Formed
1950
Legal Domicile
Nd
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Tax Forward
Address
484 MAIN, CARRINGTON, ND 58421
Preparer
James a Boatman
Phone
7016522922
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Course utilities: program service expenses 6,023. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,023. Other-clubhouse: program service expenses 5,013. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,013. Fuel & propane: program service expenses 4,457. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,457. Bar & kitchen supplies: program service expenses 3,886. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,886. Pos system: program service expenses 2,832. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,832. Clubhouse repairs: program service expenses 2,682. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,682. Janitorial supplies: program service expenses 2,582. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,582. Youth golf program: program service expenses 2,288. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,288. Telephone/website: program service expenses 2,242. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,242. Property taxes: program service expenses 2,064. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,064. License and permits: program service expenses 1,069. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,069. Small equipment: program service expenses 914. Management and general expenses 0. Fundraising expenses 0. Total expenses 914. Other course expenses: program service expenses 400. Management and general expenses 0. Fundraising expenses 0. Total expenses 400. Small equipment: program service expenses 233. Management and general expenses 0. Fundraising expenses 0. Total expenses 233. Dues and sub.: program service expenses 145. Management and general expenses 0. Fundraising expenses 0. Total expenses 145. Bad debts: program service expenses -74. Management and general expenses 0. Fundraising expenses 0. Total expenses -74.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0250399
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0524692
IRS990ScheduleD/EquipmentGrp/BookValueAmt0160853
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0110009
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0270862
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01564
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0435146
IRS990ScheduleD/TotalLiabilityAmt01564
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0252272
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt0343080
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0343080
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt090808
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0210966
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt0210966
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt041306
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt041306
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd00
IRS990ScheduleG/GamingManagerIsIndCntrctInd0X
IRS990ScheduleG/GamingManagerPersonNm0MORGAN LIES
IRS990ScheduleG/GamingManagerServicesProvTxt0GAMING SUPERVISOR.
IRS990ScheduleG/GamingOtherFacilityPct00.97000
IRS990ScheduleG/GamingOwnFacilityPct00.03000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0JIM BELQUIST
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0PO BOX 775
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0NEW ROCKFORD
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0ND
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd058356
IRS990ScheduleG/StatesWhereGamingConductedCd0ND
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BECAUSE THE CITY OF NEW ROCKFORD IS A SMALL COMMUNITY IT IS DIFFICULT TO ASSEMBLE A BOARD OF GOVENERS THAT HAVE NO RELATIONSHIPS. THERE ARE A FEW BOARD MEMBERS THAT ARE RELATED OR ARE CLOSE FREINDS BECAUSE OF THIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE NEW ROCKFORD GOLF COURSE HAS MEMBERS IN THE FORM OF ANNUAL CLUB MEMBERSHIP. THIS ALLOWS MEMBERS TO HAVE A VOTING VOICE AT THE ANNUAL MEETING AND GIVES THEM THE ABILITY TO GOLF ON THE COURSE FOR PAYING A ONETIME FEE. THIS MEMBERSHIP IN NO WAY REFLECTS OWNERSHIP OF THE NEW ROCKFORD GOLF COURSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMEBERS OF THE NEW ROCKFORD GOLF COURSE HAVE THE ABILITY TO VOTE ON SPECIFIC GOLF COURSE MATTERS. SOME EXAMPLES INCLUDE VOTING ON THE BOARD OF GOVENERS OR OTHER MATTERS INVOLVING THE GOLF COURSE AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE APPOINTMENT OF THE BOARD OF GOVERNERS IS VOTED ON BY THE MEMBERS OF THE NEW ROCKFORD GOLF COURSE. WHICH DOES NOT NEED THE APPROVAL OF THE BOARD OF GOVERNERS. THIS ELECTION TAKES PLACE AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE 990 IS PRESENTED TO THE BOARD OF GOVERNERS TO REVIEW BEFORE SUBMISSION OF THE RETURN. THE 990 IS ALSO MADE AVAILABLE TO THE MEMBERS OF THE NEW ROCKFORD GOLF COURSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 990 AND OTHER DOCUMENTS THAT THE MEMBERS OF THE NEW ROCKFORD GOLF COURSE ARE INTERESTED IN SEEING ARE AVAILABLE UPON REQUEST OF SUCH DOCUMENTATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COURSE UTILITIES: PROGRAM SERVICE EXPENSES 6,023. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,023. OTHER-CLUBHOUSE: PROGRAM SERVICE EXPENSES 5,013. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,013. FUEL & PROPANE: PROGRAM SERVICE EXPENSES 4,457. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,457. BAR & KITCHEN SUPPLIES: PROGRAM SERVICE EXPENSES 3,886. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,886. POS SYSTEM: PROGRAM SERVICE EXPENSES 2,832. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,832. CLUBHOUSE REPAIRS: PROGRAM SERVICE EXPENSES 2,682. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,682. JANITORIAL SUPPLIES: PROGRAM SERVICE EXPENSES 2,582. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,582. YOUTH GOLF PROGRAM: PROGRAM SERVICE EXPENSES 2,288. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,288. TELEPHONE/WEBSITE: PROGRAM SERVICE EXPENSES 2,242. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,242. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 2,064. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,064. LICENSE AND PERMITS: PROGRAM SERVICE EXPENSES 1,069. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,069. SMALL EQUIPMENT: PROGRAM SERVICE EXPENSES 914. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 914. OTHER COURSE EXPENSES: PROGRAM SERVICE EXPENSES 400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 400. SMALL EQUIPMENT: PROGRAM SERVICE EXPENSES 233. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 233. DUES AND SUB.: PROGRAM SERVICE EXPENSES 145. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 145. BAD DEBTS: PROGRAM SERVICE EXPENSES -74. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -74.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
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IRS990/TerminateOperationsInd00
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IRS990/TotalEmployeeCnt00
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IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0NEW ROCKFORD
IRS990/USAddress/StateAbbreviationCd0ND
IRS990/USAddress/ZIPCd058356
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT CUDWORTH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07019472385
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW ROCKFORD GOLF CLUB
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ReturnHeader/Filer/PhoneNum07019472385
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 488
ReturnHeader/Filer/USAddress/CityNm0NEW ROCKFORD
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ReturnHeader/Filer/USAddress/ZIPCd058356
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263360213
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAX FORWARD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0484 MAIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CARRINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd058421
ReturnHeader/PreparerPersonGrp/PhoneNum07016522922
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES A BOATMAN

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