Civic Intelligence

Bowling Green Curling Inc.

990 • Fiscal year 2021 • EIN 45-5554408

Jul 01, 2020 to Jun 30, 2021 • Filed on Jul 31, 2021

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

92nd percentile

0.77x

Higher debt load relative to assets than 92% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

95th percentile

2.66x

Higher debt load relative to revenue than 95% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

7th percentile

-38%

Higher net margin than 7% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

8th percentile

-15%

Faster asset growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

21st percentile

-13%

Faster revenue growth than 21% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$734,930

Down $127,764 (-15%) from 2020

Net Assets

Down

$171,918

Down $79,753 (-32%) from 2020

Liabilities

Down

$563,012

Down $48,011 (-7.9%) from 2020

Revenue

Down

$211,619

Down $32,160 (-13%) from 2020

Expenses

Up

$291,372

Up $23,533 (+8.8%) from 2020

Net Income

Down

-$79,753

Down $55,693 (-231%) from 2020

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

2021

Assets$734,930
Liabilities$563,012
Net Assets$171,918

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

2021

Revenue$211,619
Expenses$291,372
Net Income-$79,753
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jul 31, 2021
Return Version
2020v4.1
Gross Receipts
$236,055
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$682,177$631,901▼ $50,276
Loans From Officers Directors$181,000$241,000▲ $60,000
Cash and Non-Interest-Bearing Accounts$13,833$53,871▲ $40,038
Savings and Temporary Cash Investments$160,546$45,112▼ $115,434
Inventories for Sale or Use$3,788$3,771▼ $17
Accounts Receivable$2,350$275▼ $2,075
Total Assets$862,694$734,930▼ $127,764
Liabilities
Mortgage Notes Payable Secured by Investment Property$426,999$312,880▼ $114,119
Deferred Revenue-$8,695-
Accounts Payable and Accrued Expenses$3,024$437▼ $2,587
Total Liabilities$611,023$563,012▼ $48,011
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$251,671$171,918▼ $79,753
Total Net Assets Fund Balance$251,671$171,918▼ $79,753
Total Liabilities and Net Assets / Fund Balance$862,694$734,930▼ $127,764

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$601,914$246,731$848,645
Equipment$29,987$89,562$119,549
Land$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jennifer MerzPresident
Philip WolfVice President
Alana MalikBoard Member
Alex SmithBoard Member
Ryan BuckenmeyerBoard Member
Patrick NelsonLeague Rep
Blaire DorseyLeague Rep.
Cody WrightLeague Rep.
Jared KiesLeague Rep.
Jared SchmidlinLeague Rep.
Tracy SorensonSecretary
Matthew SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$73,739
Program Service Revenue
$87,430
Investment Income
$28
Other Revenue
$50,422
All Other Contributions
$38,914
Change in Net Assets
$-79,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$291,372
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$149,760$0$0$149,760
Depreciation Depletion$68,033$0$0$68,033
Office Expenses$26,960$4,758$0$31,718
Interest$19,821$0$0$19,821
Other Expenses$5,905$1,042$0$6,947
Fees for Services Accounting$0$760$0$760
Advertising$0$430$0$430
Total Functional Expenses$283,959$7,413$0$291,372
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
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$94,451
-Insurance Agent-Club MemberInsurance Premiums to Member's AgencyNo$4,421

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$181,000$241,000▲ $60,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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
2021-07-31
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Oh
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
40

Preparer

Firm
Brenda Frankart
Address
14530 OLDE TRAIL DR, PERRYSBURG, OH 43551
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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