Civic Intelligence

Trophy Lake Estates Three Water Sports Corporation

990EZ • Fiscal year 2021 • EIN 45-5130141

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 22, 2022

Organization ProfileN/A
35808 Patriot AvenueCenter City, MN 55012

(651) 247-1498

Siviq Scores

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

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.05x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

4th percentile

-235%

Higher net margin than 4% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

11th percentile

-39%

Faster asset growth than 11% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-91%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$14,218

Up $1,933 (+16%) from 2018

Net Assets

Up

$14,018

Up $1,933 (+16%) from 2018

Liabilities

Flat

$200

Flat from 2018

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin4th percentile

Revenue

Up

$3,928

Up $310 (+8.6%) from 2018

Expenses

Up

$13,175

Up $8,110 (+160%) from 2018

Net Income

Down

-$9,247

Down $7,800 (-539%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth11th 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

2021

Assets$14,218
Liabilities$200
Net Assets$14,018
Open 2021 Filing

Operations Trend

Revenue Growth5th 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

2021

Revenue$3,928
Expenses$13,175
Net Income-$9,247
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 22, 2022
Return Version
2021v4.0
Gross Receipts
$3,928
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.

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 and international competition.

Program Services

DescriptionGrantsExpenses
THE CORPORATION ORGANIZED AND HOSTED WATERSKI TOURNAMENTS.-$13,175
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARSHALL DAHLDirector-$0--
HUGH DUFFYDirector-$0--
DARREN JANZIGVice Preside-$0--
LYNN SCHULTZDirector-$0--
CRAIG TIMMTreasurer-$0--
ED WAKEFIELDDirector-$0--
SHAWN SEVERSONDirector-$0--
PETER DAHLPresident-$0--
NANCY MASONSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Trophy Lake Estates Three Water
EIN
45-5130141
Phone
6512471498
Address
35808 PATRIOT AVENUE, CENTER CITY, MN 55012

Signing Officer

Name
Craig Timm
Title
Treasurer
Phone
6512471498
Signed
2022-09-22
Discuss with paid preparer
Yes

Preparer

Firm
Carlsonsv 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 paypal fees 134 supplies 4,428 registration 259 algaecide 3,637 total 8,458”

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 and international competition.”

Raw XML Appendix159 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/PhoneNum06512471498
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CENTER CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055012
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023465
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014218
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9247
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARSHALL DAHL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HUGH DUFFY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DARREN JANZIG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LYNN SCHULTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CRAIG TIMM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ED WAKEFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SHAWN SEVERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7PETER DAHL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8NANCY MASON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt08458
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 AND INTERNATIONAL COMPETITION.
IRS990EZ/PrintingPublicationsPostageAmt012
IRS990EZ/ProgramServiceRevenueAmt03928
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE CORPORATION ORGANIZED AND HOSTED WATERSKI TOURNAMENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013175
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0200
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0200
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013175
IRS990EZ/TotalProgramServiceExpensesAmt013175
IRS990EZ/TotalRevenueAmt03928
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03928
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt043136
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02232
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03618
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt043906
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt096820
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt096820
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03928
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt043136
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03618
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt043906
IRS990ScheduleA/Total509Grp/TotalAmt096820
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03928
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt043136
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt043906
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt096820
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PAYPAL FEES 134 SUPPLIES 4,428 REGISTRATION 259 ALGAECIDE 3,637 TOTAL 8,458
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1N/P HOA 200 200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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 AND INTERNATIONAL COMPETITION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CRAIG TIMM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06512471498
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TROPHY LAKE ESTATES THREE WATER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SPORTS CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0TROP
ReturnHeader/Filer/EIN0455130141
ReturnHeader/Filer/PhoneNum06512471498
ReturnHeader/Filer/USAddress/AddressLine1Txt035808 PATRIOT AVENUE
ReturnHeader/Filer/USAddress/CityNm0CENTER CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055012
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411562398
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 516
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ReturnHeader/PreparerPersonGrp/PhoneNum07152944880
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TODD D ANDERSON CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-10-17T15:21:12-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CRAIG
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TIMM
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,218
Liabilities
$200
Net assets
$14,018
Revenue
$3,928
Expenses
$13,175
Net income
-$9,247
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
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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