Civic Intelligence

Turnberry Foundation Inc

990 • Fiscal year 2015 • EIN 45-4806065

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 20, 2016

Organization ProfileNA
6500 Turnberry DrPaducah, KY 42001

(270) 554-7914

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

99th percentile

95%

Higher net margin than 99% 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

80th percentile

21%

Faster asset growth than 80% of similar nonprofits.

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

Revenue Growth

3rd percentile

-60%

Faster revenue growth than 3% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$41,840

Up $7,135 (+21%) from 2014

Net Assets

Up

$41,840

Up $7,135 (+21%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin99th percentile

Revenue

Down

$7,500

Down $11,100 (-60%) from 2014

Expenses

Down

$365

Down $42,861 (-99%) from 2014

Net Income

Up

$7,135

Up $31,761 (+129%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$100K$50K$0Assets 2012: $97,431Liabilities 2012: $0Net Assets 2012: $97,4312012Assets 2013: $59,331Liabilities 2013: $0Net Assets 2013: $59,3312013Assets 2014: $34,705Liabilities 2014: $0Net Assets 2014: $34,7052014Assets 2015: $41,840Liabilities 2015: $0Net Assets 2015: $41,8402015Assets 2016: $43,392Liabilities 2016: $0Net Assets 2016: $43,3922016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2015

Assets$41,840
Liabilities$0
Net Assets$41,840
Open 2015 Filing

Operations Trend

Revenue Growth3rd percentile

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

$100K$50K$0-$50KRevenue 2012: $97,600Expenses 2012: $169Net Income 2012: $97,4312012Revenue 2013: $19,800Expenses 2013: $57,900Net Income 2013: -$38,1002013Revenue 2014: $18,600Expenses 2014: $43,226Net Income 2014: -$24,6262014Revenue 2015: $7,500Expenses 2015: $365Net Income 2015: $7,1352015Revenue 2016: $5,950Expenses 2016: $4,398Net Income 2016: $1,5522016Revenue 2017: $500Expenses 2017: $43,892Net Income 2017: -$43,3922017

Highlighted filing

2015

Revenue$7,500
Expenses$365
Net Income$7,135
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 20, 2016
Return Version
2015v2.1
Gross Receipts
$7,500
Mission and Program Overview

Mission

The betterment of recreational facilities including non-profit golf courses

Corporation organized for pleasure, recreation, and other nonprofitable purposes, all of the activities are for such purposes

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$34,705$41,840▲ $7,135
Rtn Earn Endowment Incm Other Fnds$34,705$41,840▲ $7,135
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$34,705$41,840▲ $7,135
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$34,705$41,840▲ $7,135
Total Liabilities and Net Assets / Fund Balance$34,705$41,840▲ $7,135
Compensation and Service Providers
Top Officer Pay92nd percentile

Board Members and Trustees

NameTitle
Jim BrownPresident
Edward HelyDirector
Jason SeinerDirector
Ken HuntDirector
Wally BatemanDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$7,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$7,500
Change in Net Assets
$7,135
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$365
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$350--$350
Fees for Services Other$15--$15
Total Functional Expenses$365$0$0$365
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
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Form 990 is reviewed by the governing body prior to signature by the president and prior to filing with the irs.”

Form 990, Part VI, Section C, Line 19

“Financial information and governing documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Turnberry Foundation Inc
EIN
45-4806065
Phone
2705547914
Address
6500 TURNBERRY DR, PADUCAH, KY 42001

Signing Officer

Name
James Brown
Title
President
Phone
2705547914
Signed
2016-04-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Brown
Formed
2012
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Williams Williams & Lentz Llp
Address
601 JEFFERSON, PADUCAH, KY 42001-1003
Preparer
J David Bailey Iii
Phone
2704433643
Raw XML Appendix253 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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/PartialLiquidationInd00
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ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02705547914
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-20
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ReturnHeader/Filer/BusinessNameControlTxt0TURN
ReturnHeader/Filer/EIN0454806065
ReturnHeader/Filer/PhoneNum02705547914
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042001
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0610481842
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0601 JEFFERSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PADUCAH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0420011003
ReturnHeader/PreparerPersonGrp/PhoneNum02704433643
ReturnHeader/PreparerPersonGrp/PreparationDt02016-04-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J DAVID BAILEY III
ReturnHeader/ReturnTs02016-05-06T11:41:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,840
Liabilities
$0
Net assets
$41,840
Revenue
$7,500
Expenses
$365
Net income
$7,135
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.50$43.9$43.4
2016Detailed filing. Detailed filing data is available for this year.$43.4$0.00$43.4$5.95$4.40$1.55
2015Detailed filing. Detailed filing data is available for this year.$41.8$0.00$41.8$7.50$0.37$7.14
2014Detailed filing. Detailed filing data is available for this year.$34.7$0.00$34.7$18.6$43.2$24.6
2013Summary only. Only limited summary data is available for this year.$59.3$0.00$59.3$19.8$57.9$38.1
2012Summary only. Only limited summary data is available for this year.$97.4$0.00$97.4$97.6$0.17$97.4