Civic Intelligence

Bowling Green Curling Inc.

990 • Fiscal year 2018 • EIN 45-5554408

Jul 01, 2017 to Jun 30, 2018 • Filed on Aug 19, 2018

19901 N Dixie HighwayBowling Green, OH 43402

(419) 751-2875

Siviq Scores

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

Liabilities / Assets

89th percentile

0.66x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

1.71x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

42nd percentile

-0.6%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

82nd percentile

38%

Faster revenue growth than 82% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$896,032

Down $5,480 (-0.6%) from 2017

Net Assets

Up

$300,725

Up $82,027 (+38%) from 2017

Liabilities

Down

$595,307

Down $87,507 (-13%) from 2017

Revenue

Up

$347,251

Up $95,218 (+38%) from 2017

Expenses

Up

$265,224

Up $131,948 (+99%) from 2017

Net Income

Down

$82,027

Down $36,730 (-31%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $9,940Liabilities 2013: $02013Assets 2014: $10,156Liabilities 2014: $922014Assets 2015: $4,815Liabilities 2015: $02015Assets 2016: $100,973Liabilities 2016: $1,0322016Assets 2017: $901,512Liabilities 2017: $682,814Net Assets 2017: $218,6982017Assets 2018: $896,032Liabilities 2018: $595,307Net Assets 2018: $300,7252018Assets 2019: $795,253Liabilities 2019: $519,522Net Assets 2019: $275,7312019Assets 2020: $862,694Liabilities 2020: $611,023Net Assets 2020: $251,6712020Assets 2021: $734,930Liabilities 2021: $563,012Net Assets 2021: $171,9182021Assets 2022: $912,496Liabilities 2022: $759,928Net Assets 2022: $152,5682022Assets 2023: $847,768Liabilities 2023: $725,198Net Assets 2023: $122,5702023Assets 2024: $756,560Liabilities 2024: $698,728Net Assets 2024: $57,8322024

Highlighted filing

2018

Assets$896,032
Liabilities$595,307
Net Assets$300,725

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $28,101Expenses 2013: $32,646Net Income 2013: -$4,5452013Revenue 2014: $52,903Expenses 2014: $52,780Net Income 2014: $1232014Revenue 2015: $54,471Expenses 2015: $59,719Net Income 2015: -$5,2482015Revenue 2016: $151,189Expenses 2016: $56,064Net Income 2016: $95,1252016Revenue 2017: $252,033Expenses 2017: $133,276Net Income 2017: $118,7572017Revenue 2018: $347,251Expenses 2018: $265,224Net Income 2018: $82,0272018Revenue 2019: $252,014Expenses 2019: $277,008Net Income 2019: -$24,9942019Revenue 2020: $243,779Expenses 2020: $267,839Net Income 2020: -$24,0602020Revenue 2021: $211,619Expenses 2021: $291,372Net Income 2021: -$79,7532021Revenue 2022: $281,633Expenses 2022: $300,983Net Income 2022: -$19,3502022Revenue 2023: $326,629Expenses 2023: $356,627Net Income 2023: -$29,9982023Revenue 2024: $332,554Expenses 2024: $397,449Net Income 2024: -$64,8952024

Highlighted filing

2018

Revenue$347,251
Expenses$265,224
Net Income$82,027
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Aug 19, 2018
Return Version
2017v2.2
Gross Receipts
$374,303
Mission and Program Overview

Mission

Supporting the sport of curling at the local, regional, and national levels

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$872,033$798,509▼ $73,524
Loans From Officers Directors$125,000$169,000▲ $44,000
Cash and Non-Interest-Bearing Accounts$25,528$63,196▲ $37,668
Savings and Temporary Cash Investments$1,739$31,262▲ $29,523
Inventories for Sale or Use-$2,535-
Accounts Receivable$2,212$530▼ $1,682
Total Assets$901,512$896,032▼ $5,480
Liabilities
Mortgage Notes Payable Secured by Investment Property$301,959$426,307▲ $124,348
Accounts Payable and Accrued Expenses$255,855--
Total Liabilities$682,814$595,307▼ $87,507
Net Assets / Fund Balance
Unrestricted Net Assets$218,698$300,725▲ $82,027
Total Net Assets Fund Balance$218,698$300,725▲ $82,027
Total Liabilities and Net Assets / Fund Balance$901,512$896,032▼ $5,480

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$733,633$81,343$814,976
Equipment$64,876$42,181$107,057
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bryan ZimmermanPresident
Brian FrenchVice President
Allen RogelBoard Member
David MillerBoard Member
Phil GohrBoard Member
Matthew SussmanLeague Rep.
Scott PirothLeague Rep.
Steve ChristmanLeague Rep.
Patty WarnerSecretary
Matthew SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$148,358
Program Service Revenue
$96,983
Investment Income
$5
Other Revenue
$101,905
All Other Contributions
$60,707
Change in Net Assets
$82,027
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$265,224
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
Occupancy$129,415$0$0$129,415
Depreciation Depletion$80,184$0$0$80,184
Interest$23,159$0$0$23,159
Office Expenses$11,804$2,083$0$13,887
Advertising$0$2,362$0$2,362
Other Expenses$0$1,200$0$1,200
Fees for Services Accounting$0$850$0$850
Conferences and Meetings$0$605$0$605
Travel$157$28$0$185
Total Functional Expenses$257,116$8,108$0$265,224
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Direct Expenses$1,790
Gaming Gross Income$1,479
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ryan BuckenmeyerLLC owned by Club MembersRent Paid to the LLCNo$78,875
-Insurance Agent-Club MemberInsurance Premiums to Member's AgencyNo$5,011

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$125,000$169,000▲ $44,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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
Filing and Contact Details

Filer

Filer Name
Bowling Green Curling Inc
EIN
45-5554408
Phone
4197512875
Address
19901 N Dixie Highway, Bowling Green, OH 43402

Signing Officer

Name
Matthew C Smith
Title
Treasurer
Phone
4197512875
Signed
2018-08-19
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
40

Preparer

Firm
Brenda Frankart
Address
14530 OLDE TRAIL DR, PERRYSBURG, OH 43551-6774
Preparer
Brenda Frankart
Phone
4198735207
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Treasurer coordinates the review of the Form 990 with all officers prior to filing. They give their approval to the return.

Pt VI, Line 6

The organization is comprised of voting members.

Pt VI, Line 7A

The general members vote on the Governing body; however, the Board then selects the officer group.

Pt VI, Line 7B

Most of the decisions are made by the Board. There are some decisions though that require full vote of all members. There are also committees which handle day-to-day operations.

Pt VI, Line 19

The organization does not have a formal conflict of interest policy. However, the club is aware of any conflicts and discusses potential issues as a governing body. There are also not any formalized financial statements provided by a CPA firm. Any requests for information regarding the governance of the organization are provided upon request.

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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Quinshan Properties LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0RYAN BUCKENMEYER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0LLC owned by Club Members
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Insurance Agent-Club Member
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Build Out
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Build Out
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Build Out
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3Build Out
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4Reduce Bank Debt
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5Reduce Bank Debt
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6Reduce Bank Debt
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd5X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt25000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt310000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt410000

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