Civic Intelligence

Trophy Lake Estates Three Water Sports Corporation

990EZ • Fiscal year 2015 • EIN 45-5130141

Jan 01, 2015 to Dec 31, 2015 • Filed on May 28, 2016

Organization ProfileN/A
35808 Patriot AvenueCenter City, MN 55012

(651) 583-3552

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

79th percentile

0.08x

Higher debt load relative to revenue than 79% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

4th percentile

-104%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

12th percentile

-38%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

58th percentile

6.1%

Faster revenue growth than 58% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$4,538

Down $2,724 (-38%) from 2014

Net Assets

Down

$4,338

Down $2,724 (-39%) from 2014

Liabilities

Flat

$200

Flat from 2014

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin4th percentile

Revenue

Up

$2,618

Up $150 (+6.1%) from 2014

Expenses

Down

$5,342

Down $1,283 (-19%) from 2014

Net Income

Up

-$2,724

Up $1,433 (+34%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$15K$10K$5.0K$0Assets 2014: $7,262Liabilities 2014: $200Net Assets 2014: $7,0622014Assets 2015: $4,538Liabilities 2015: $200Net Assets 2015: $4,3382015Assets 2018: $12,285Liabilities 2018: $200Net Assets 2018: $12,0852018Assets 2021: $14,218Liabilities 2021: $200Net Assets 2021: $14,0182021

Highlighted filing

2015

Assets$4,538
Liabilities$200
Net Assets$4,338
Open 2015 Filing

Operations Trend

Revenue Growth58th percentile

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

$20K$10K$0-$10KRevenue 2014: $2,468Expenses 2014: $6,625Net Income 2014: -$4,1572014Revenue 2015: $2,618Expenses 2015: $5,342Net Income 2015: -$2,7242015Revenue 2018: $3,618Expenses 2018: $5,065Net Income 2018: -$1,4472018Revenue 2021: $3,928Expenses 2021: $13,175Net Income 2021: -$9,2472021

Highlighted filing

2015

Revenue$2,618
Expenses$5,342
Net Income-$2,724
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 28, 2016
Return Version
2015v2.1
Gross Receipts
$2,618
Mission and Program Overview

Mission

The specific purpose of this corporation is to foster national and international sports competition by organizing sports competitions. The corporation will also support and develop amateur athletes for national or international competition.

Program Services

DescriptionGrantsExpenses
THE CORPORATION ORGANIZED AND HOSTED THE MIDWEST REGIONAL WATERSKI CHAMPIONSHIPS.-$4,664
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARSHALL DAHLDirector-$0--
GERALD LINDERDirector-$0--
DARREN JANZIGDirector-$0--
LYNN SCHULTZDirector-$0--
CRAIG TIMMTreasurer-$0--
ED WAKEFIELDDirector-$0--
SHAWN SEVERSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Trophy Lake Estates Three Water
EIN
45-5130141
Phone
6515833552
Address
35808 PATRIOT AVENUE, CENTER CITY, MN 55012

Signing Officer

Name
Craig Timm
Title
Treasurer
Phone
6515833552
Signed
2016-05-28
Discuss with paid preparer
Yes

Preparer

Firm
Carlson Highland & Co Llp
Address
PO BOX 516, OSCEOLA, WI 54020
Preparer
Todd D Anderson CPA
Phone
7152944880
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses supplies 65 paypal fees 77 algaecide 3,294 utilities 302 supplies 991 total 4,729”

Form 990-ez, Part II, Line 24

“1,703 1,703 less accumulated depreciation 1,703 1,703 total 0 0”

Form 990-ez, Part II, Line 26

“N/P HOA 200 200”

Form 990-ez, Part III

“The specific purpose of this corporation is to foster national and international sports competition by organizing sports competitions. The corporation will also support and develop amateur athletes for national or international competition.”

Raw XML Appendix143 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/PersonNm0CRAIG TIMM
IRS990EZ/BooksInCareOfDetail/PhoneNum06512471498
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt035808 PATRIOT AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CENTER CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055012
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07262
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04538
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt0-2724
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0613
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsAmt02618
IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07062
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04338
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07062
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04338
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARSHALL DAHL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GERALD LINDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DARREN JANZIG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LYNN SCHULTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CRAIG TIMM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ED WAKEFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SHAWN SEVERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04729
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO FOSTER NATIONAL AND INTERNATIONAL SPORTS COMPETITION BY ORGANIZING SPORTS COMPETITIONS. THE CORPORATION WILL ALSO SUPPORT AND DEVELOP AMATEUR ATHLETES FOR NATIONAL OR INTERNATIONAL COMPETITION.
IRS990EZ/ProgramServiceRevenueAmt02618
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE CORPORATION ORGANIZED AND HOSTED THE MIDWEST REGIONAL WATERSKI CHAMPIONSHIPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04664
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0200
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0200
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05342
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IRS990EZ/TotalRevenueAmt02618
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02618
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02468
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt044700
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt049786
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt049786
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02618
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02468
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt044700
IRS990ScheduleA/Total509Grp/TotalAmt049786
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02618
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt044700
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt049786
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES SUPPLIES 65 PAYPAL FEES 77 ALGAECIDE 3,294 UTILITIES 302 SUPPLIES 991 TOTAL 4,729
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11,703 1,703 LESS ACCUMULATED DEPRECIATION 1,703 1,703 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2N/P HOA 200 200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO FOSTER NATIONAL AND INTERNATIONAL SPORTS COMPETITION BY ORGANIZING SPORTS COMPETITIONS. THE CORPORATION WILL ALSO SUPPORT AND DEVELOP AMATEUR ATHLETES FOR NATIONAL OR INTERNATIONAL COMPETITION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CRAIG TIMM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06515833552
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TROPHY LAKE ESTATES THREE WATER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SPORTS CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0TROP
ReturnHeader/Filer/EIN0455130141
ReturnHeader/Filer/PhoneNum06515833552
ReturnHeader/Filer/USAddress/AddressLine1Txt035808 PATRIOT AVENUE
ReturnHeader/Filer/USAddress/CityNm0CENTER CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055012
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411562398
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARLSON HIGHLAND & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 516
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OSCEOLA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054020
ReturnHeader/PreparerPersonGrp/PhoneNum07152944880
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TODD D ANDERSON CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-06-27T16:37:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
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 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,538
Liabilities
$200
Net assets
$4,338
Revenue
$2,618
Expenses
$5,342
Net income
-$2,724
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$14.2$0.20$14.0$3.93$13.2$9.25
2018Detailed filing. Detailed filing data is available for this year.$12.3$0.20$12.1$3.62$5.07$1.45
2015Detailed filing. Detailed filing data is available for this year.$4.54$0.20$4.34$2.62$5.34$2.72
2014Detailed filing. Detailed filing data is available for this year.$7.26$0.20$7.06$2.47$6.63$4.16