Civic Intelligence

Rapid City Elks Lodge 1187

990 • Fiscal year 2019 • EIN 46-0129962

Apr 01, 2018 to Mar 31, 2019 • Filed on Jul 30, 2019

3333 Jolly LaneRapid City, SD 57703

(605) 393-1187

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.51x

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

2019 filings • 501(c)8 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

0.46x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)8 • $1M-$5M nonprofits • Source year 2019

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)8 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

78th percentile

$12,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2019 filings • 501(c)8 • $1M-$5M nonprofits • Source year 2019

Asset Growth

77th percentile

6.4%

Faster asset growth than 77% of similar nonprofits.

2019 filings • 501(c)8 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

70th percentile

12%

Faster revenue growth than 70% of similar nonprofits.

2019 filings • 501(c)8 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$970,356

Up $58,500 (+6.4%) from 2018

Net Assets

Down

$473,665

Down $128,248 (-21%) from 2018

Liabilities

Up

$496,691

Up $186,748 (+60%) from 2018

Revenue

Up

$1,074,250

Up $117,666 (+12%) from 2018

Expenses

Up

$1,196,789

Up $207,524 (+21%) from 2018

Net Income

Down

-$122,539

Down $89,858 (-275%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,088,027Liabilities 2011: $327,097Net Assets 2011: $760,9302011Assets 2012: $987,409Liabilities 2012: $327,185Net Assets 2012: $660,2242012Assets 2013: $840,766Liabilities 2013: $308,186Net Assets 2013: $532,5802013Assets 2014: $868,249Liabilities 2014: $314,481Net Assets 2014: $553,7682014Assets 2015: $944,927Liabilities 2015: $368,761Net Assets 2015: $576,1662015Assets 2016: $971,835Liabilities 2016: $344,353Net Assets 2016: $627,4822016Assets 2017: $988,905Liabilities 2017: $348,503Net Assets 2017: $640,4022017Assets 2018: $911,856Liabilities 2018: $309,943Net Assets 2018: $601,9132018Assets 2019: $970,356Liabilities 2019: $496,691Net Assets 2019: $473,6652019Assets 2020: $913,730Liabilities 2020: $417,820Net Assets 2020: $495,9102020Assets 2021: $985,205Liabilities 2021: $174,153Net Assets 2021: $811,0522021Assets 2024: $989,433Liabilities 2024: $112,427Net Assets 2024: $877,0062024

Highlighted filing

2019

Assets$970,356
Liabilities$496,691
Net Assets$473,665

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,190,3692011Expenses 2012: $1,160,8862012Expenses 2013: $1,071,2962013Revenue 2014: $965,948Expenses 2014: $972,050Net Income 2014: -$6,1022014Revenue 2015: $961,177Expenses 2015: $937,124Net Income 2015: $24,0532015Revenue 2016: $1,033,772Expenses 2016: $969,070Net Income 2016: $64,7022016Revenue 2017: $976,849Expenses 2017: $999,372Net Income 2017: -$22,5232017Revenue 2018: $956,584Expenses 2018: $989,265Net Income 2018: -$32,6812018Revenue 2019: $1,074,250Expenses 2019: $1,196,789Net Income 2019: -$122,5392019Revenue 2020: $221,087Expenses 2020: $161,965Net Income 2020: $59,1222020Revenue 2021: $406,259Expenses 2021: $137,809Net Income 2021: $268,4502021Revenue 2024: $202,587Expenses 2024: $251,694Net Income 2024: -$49,1072024

Highlighted filing

2019

Revenue$1,074,250
Expenses$1,196,789
Net Income-$122,539
Jump To
Filing Snapshot
Filing Period
Apr 1, 2018 to Mar 31, 2019
Signed
Jul 30, 2019
Return Version
2018v3.1
Gross Receipts
$1,450,520
Mission and Program Overview

Mission

FRATERNAL ORGANIZATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$439,596$694,759▲ $255,163
Investments in Publicly Traded Securities$191,042$146,305▼ $44,737
Cash and Non-Interest-Bearing Accounts$56,089$90,739▲ $34,650
Inventories for Sale or Use$113,815$30,831▼ $82,984
Accounts Receivable$5,555$3,484▼ $2,071
Savings and Temporary Cash Investments$101,144$3,084▼ $98,060
Prepaid Expenses and Deferred Charges$1,154$1,154→ $0
Total Assets$911,856$970,356▲ $58,500
Other Assets Total$3,461--
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,554$180,226▲ $166,672
Deferred Revenue$188,817$166,079▼ $22,738
Accounts Payable and Accrued Expenses$107,572$150,386▲ $42,814
Total Liabilities$309,943$496,691▲ $186,748
Net Assets / Fund Balance
Unrestricted Net Assets$445,919$323,804▼ $122,115
Permanently Rstr Net Assets$152,438$146,305▼ $6,133
Temporarily Rstr Net Assets$3,556$3,556→ $0
Total Net Assets Fund Balance$601,913$473,665▼ $128,248
Total Liabilities and Net Assets / Fund Balance$911,856$970,356▲ $58,500

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$508,058$841,378$1,349,436
Buildings$93,672$1,008,668$1,102,340
Land$93,029-$93,029

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$155,898-▼ $6,133$3,460$146,305
2017$160,452-▼ $1,032-$155,898
2016$127,102-▲ $36,599-$160,452
2015$135,982-▼ $5,814-$127,102
2014$134,441-▲ $4,498-$135,982
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Linda GardnerSecretaryPT$12,000$12,000
Aaron EisenbraunTreasurerPT$3,000$3,000

Board Members and Trustees

NameTitle
Al SarverBoard Chairm
Lewis OsbornTrustee
Paul ChristensenTrustee
Scott NashTrustee
Ted EnglishTrustee
Gordon ParletExalted Rule
Steve LabelleLeading Knig
John BurnhamLecturing Kn
Paul GillingsLoyal Knight
Revenue and Support

Revenue Composition

Contributions and Grants
$13,034
Program Service Revenue
$704,225
Investment Income
$11,340
Other Revenue
$345,651
All Other Contributions
$13,034
Change in Net Assets
$-122,539
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$612,920
Other Expenses$579,869
Grants and Similar Amounts Paid$4,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$563,830
Occupancy---$138,508
All Other Expenses---$100,717
Depreciation Depletion---$78,819
Payroll Taxes---$49,090
Travel---$30,461
Insurance---$28,289
Other Expenses---$22,615
Fees for Services Accounting---$21,087
Advertising---$15,637
Interest---$11,573
Office Expenses---$8,944
Grants to Domestic Individuals---$4,000
Total Functional Expenses$0$0$0$1,196,789
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
Yes
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

The organization's members elect the board of directors.

Form 990, Page 6, Part VI, Line 7B

The actions of the board are subject to member approval.

Form 990, Page 6, Part VI, Line 11B

The form 990 is made available to all governing board members. It is reviewed by the audit committee, treasurer and lodge secretary prior to filing.

Form 990, Page 6, Part VI, Line 12C

Officers and members are to disclose any conflits of interest to the governing body.

Form 990, Page 6, Part VI, Line 15A

Governing board reviews and sets salaries for all management personnel.

Form 990, Page 6, Part VI, Line 15B

Governing board reviews and sets compensation for all officers and key employees.

Form 990, Page 6, Part VI, Line 19

Governing documents are available at the rapid city elks lodge located at 3333 jolly lane, rapid city, sd 57703 and are available upon request.

Filing and Contact Details

Filer

Filer Name
Rapid City Elks Lodge 1187
EIN
46-0129962
Phone
6053931187
Address
3333 JOLLY LANE, RAPID CITY, SD 57703

Signing Officer

Name
Al Sarver
Title
Board Chairman
Phone
6053931187
Signed
2019-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gordon Parlet
Formed
1910
Legal Domicile
Sd
Voting Board Members
11
Independent Board Members
11
Employees
80
Volunteers
150

Preparer

Firm
Fenenga Desmet & Company LLC
Address
PO BOX 748, WINNER, SD 57580
Preparer
Anna Desmet
Phone
6058421757
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

FRATERNAL ORGANIZATION

Form 990, Part XI, Line 9

990-T TAXES PAID -5,709

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The lodge maintains an endowment fund to fund charitable giving.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt370070
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt427756
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt03084
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01008668
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01102340
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0155898
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0146305
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-6133
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt03460
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0841378
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IRS990ScheduleD/LandGrp/BookValueAmt093029
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt093029
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE LODGE MAINTAINS AN ENDOWMENT FUND TO FUND CHARITABLE GIVING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FRATERNAL ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ACTIONS OF THE BOARD ARE SUBJECT TO MEMBER APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS MADE AVAILABLE TO ALL GOVERNING BOARD MEMBERS. IT IS REVIEWED BY THE AUDIT COMMITTEE, TREASURER AND LODGE SECRETARY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICERS AND MEMBERS ARE TO DISCLOSE ANY CONFLITS OF INTEREST TO THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING BOARD REVIEWS AND SETS SALARIES FOR ALL MANAGEMENT PERSONNEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING BOARD REVIEWS AND SETS COMPENSATION FOR ALL OFFICERS AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS ARE AVAILABLE AT THE RAPID CITY ELKS LODGE LOCATED AT 3333 JOLLY LANE, RAPID CITY, SD 57703 AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8990-T TAXES PAID -5,709
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990/TotalLiabilitiesGrp/EOYAmt0496691
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IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt025967
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt025967
IRS990/TotalProgramServiceRevenueAmt0704225
IRS990/TotalReportableCompFromOrgAmt015000
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0185177
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0911856
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IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0445919
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0323804
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03333 JOLLY LANE
IRS990/USAddress/CityNm0RAPID CITY
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057703
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0RCELKS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AL SARVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06053931187
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAPID CITY ELKS LODGE 1187
ReturnHeader/Filer/BusinessNameControlTxt0RAPI
ReturnHeader/Filer/EIN0460129962
ReturnHeader/Filer/PhoneNum06053931187
ReturnHeader/Filer/USAddress/AddressLine1Txt03333 JOLLY LANE
ReturnHeader/Filer/USAddress/CityNm0RAPID CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057703
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId035D52E91333A758B45B5D8AD0A1E76A82E351355
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId035D52E91333A758B45B5D8AD0A1E76A82E351355
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.251.167.62

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