Civic Intelligence

Great Falls Turf Club Inc

990EZ • Fiscal year 2019 • EIN 45-3780698

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 12, 2020

Organization ProfileN/A
PO Box 82Great Falls, MT 59403

(406) 727-4004

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Top Officer Pay

88th percentile

$1,624

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Asset Growth

15th percentile

-22%

Faster asset growth than 15% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

77th percentile

17%

Faster revenue growth than 77% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$102,460

Down $29,409 (-22%) from 2018

Net Assets

Down

$102,388

Down $28,503 (-22%) from 2018

Liabilities

Down

$72

Down $906 (-93%) from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin18th percentile

Revenue

Up

$179,920

Up $25,859 (+17%) from 2018

Expenses

Down

$208,423

Down $8,735 (-4.0%) from 2018

Net Income

Up

-$28,503

Up $34,594 (+55%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$200K$150K$100K$50K$0Assets 2013: $91,214Liabilities 2013: $0Net Assets 2013: $91,2142013Assets 2014: $155,232Net Assets 2014: $155,2322014Assets 2015: $187,342Liabilities 2015: $179Net Assets 2015: $187,1632015Assets 2016: $184,084Liabilities 2016: $507Net Assets 2016: $183,5772016Assets 2017: $194,271Liabilities 2017: $283Net Assets 2017: $193,9882017Assets 2018: $131,869Liabilities 2018: $978Net Assets 2018: $130,8912018Assets 2019: $102,460Liabilities 2019: $72Net Assets 2019: $102,3882019Assets 2020: $95,246Net Assets 2020: $95,2462020Assets 2021: $73,412Liabilities 2021: $77Net Assets 2021: $73,3352021Assets 2022: $4,400Liabilities 2022: $2,841Net Assets 2022: $1,5592022Assets 2023: $18,975Liabilities 2023: $2,384Net Assets 2023: $16,5912023Assets 2024: $21,630Liabilities 2024: $14,006Net Assets 2024: $7,6242024

Highlighted filing

2019

Assets$102,460
Liabilities$72
Net Assets$102,388
Open 2019 Filing

Operations Trend

Revenue Growth77th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2013: $288,888Expenses 2013: $197,674Net Income 2013: $91,2142013Revenue 2014: $160,792Expenses 2014: $96,463Net Income 2014: $64,3292014Revenue 2015: $161,789Expenses 2015: $129,858Net Income 2015: $31,9312015Revenue 2016: $152,176Expenses 2016: $155,762Net Income 2016: -$3,5862016Revenue 2017: $190,115Expenses 2017: $179,704Net Income 2017: $10,4112017Revenue 2018: $154,061Expenses 2018: $217,158Net Income 2018: -$63,0972018Revenue 2019: $179,920Expenses 2019: $208,423Net Income 2019: -$28,5032019Revenue 2020: $21,436Expenses 2020: $28,578Net Income 2020: -$7,1422020Revenue 2021: $211,393Expenses 2021: $233,304Net Income 2021: -$21,9112021Revenue 2022: $234,356Expenses 2022: $306,132Net Income 2022: -$71,7762022Revenue 2023: $267,734Expenses 2023: $252,702Net Income 2023: $15,0322023Revenue 2024: $274,245Expenses 2024: $283,212Net Income 2024: -$8,9672024

Highlighted filing

2019

Revenue$179,920
Expenses$208,423
Net Income-$28,503
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 12, 2020
Return Version
2019v5.0
Gross Receipts
$179,920
Mission and Program Overview

Mission

To support the sport of horse racing in Cascade County, MT through education and promotion of quality equine care, local economic development, industry camaraderie of benefit to the community, and community recreation.

Program Services

DescriptionGrantsExpenses
The Great Falls Turf Club has successfully engaged the public at large to benefit and educate them about the value of horse racing. The Club has significantly improved the race track at Cascade County Fair Grounds and contributed to the local economy by attracting a large group of fans and horse owners to the area.$208,423-
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Warren KottkePresidentPT$1,624-$1,624
Bridget HopkinsSecretary-$433-$433
Earl SalleyVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Great Falls Turf Club Inc
EIN
45-3780698
Phone
4067274004
Address
PO Box 82, Great Falls, MT 59403

Signing Officer

Name
Warren Kottke
Title
President
Signed
2020-08-12
Discuss with paid preparer
Yes

Preparer

Firm
Bloomgren Rivera & Co PLLC
Address
225 2nd Street South, Great Falls, MT 59405
Preparer
Eric Bloomgren EA
Phone
4067274004
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $8910”

Other Expenses.1002

“Office Expenses $11822”

Other Expenses.1005

“Travel $4912”

Other Expenses.1012

“Insurance $64406”

Other Expenses.1

“Track Maintenance $24375”

Other Expenses.3

“Outside Services $8086”

Other Expenses.4

“Licenses $1055”

Other Expenses.5

“Miscellaneous $765”

Other Expenses.6

“Association Dues $350”

Other Expenses.7

“Bank Fees $214”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $978 Accounts Payable and Accrued Expenses - Ending $72”

Raw XML Appendix125 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Eric Bloomgren EA
IRS990EZ/BooksInCareOfDetail/PhoneNum04067274004
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0225 2nd Street S
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Great Falls
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd059405
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0131869
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0102460
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-28503
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02920
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0131869
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0102460
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0179920
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0571
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0130891
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0102388
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0130891
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0102388
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt01624
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt2433
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Warren Kottke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Earl Salley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Bridget Hopkins
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0124895
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To support the sport of horse racing in Cascade County, MT through education and promotion of quality equine care, local economic development, industry camaraderie of benefit to the community, and community recreation.
IRS990EZ/PrintingPublicationsPostageAmt010212
IRS990EZ/ProgramServiceRevenueAmt0179349
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Great Falls Turf Club has successfully engaged the public at large to benefit and educate them about the value of horse racing. The Club has significantly improved the race track at Cascade County Fair Grounds and contributed to the local economy by attracting a large group of fans and horse owners to the area.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0208423
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt070396
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0978
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt072
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0208423
IRS990EZ/TotalProgramServiceExpensesAmt0208423
IRS990EZ/TotalRevenueAmt0179920
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $8910
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $11822
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $4912
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $64406
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Track Maintenance $24375
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Outside Services $8086
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Licenses $1055
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Miscellaneous $765
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Association Dues $350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Bank Fees $214
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Accounts Payable and Accrued Expenses - Beginning $978 Accounts Payable and Accrued Expenses - Ending $72
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1001
ReturnHeader/BuildTS02022-02-16 14:24:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Warren Kottke
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Great Falls Turf Club Inc
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0453780698
ReturnHeader/Filer/PhoneNum04067274004
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 82
ReturnHeader/Filer/USAddress/CityNm0Great Falls
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MT
ReturnHeader/Filer/USAddress/ZIPCd059403
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810518791
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Bloomgren Rivera & Co PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0225 2nd Street South
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Great Falls
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd059405
ReturnHeader/PreparerPersonGrp/PhoneNum04067274004
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Eric Bloomgren EA
ReturnHeader/ReturnTs02020-08-12T11:04:26-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$102,460
Liabilities
$72
Net assets
$102,388
Revenue
$179,920
Expenses
$208,423
Net income
-$28,503
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.22$0.14$0.08$2.74$2.83$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.19$0.02$0.17$2.68$2.53$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.03$0.02$2.34$3.06$0.72
2021Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$2.11$2.33$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.95$0.21$0.29$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$1.80$2.08$0.29
2018Detailed filing. Detailed filing data is available for this year.$1.32$0.01$1.31$1.54$2.17$0.63
2017Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$1.90$1.80$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.84$0.01$1.84$1.52$1.56$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.87$0.00$1.87$1.62$1.30$0.32
2014Detailed filing. Detailed filing data is available for this year.$1.55$1.55$1.61$0.96$0.64
2013Summary only. Only limited summary data is available for this year.$0.91$0.00$0.91$2.89$1.98$0.91