Civic Intelligence

Rapid City Elks Lodge 1187

990 • Fiscal year 2020 • EIN 46-0129962

Apr 01, 2019 to Mar 31, 2020 • Filed on Aug 28, 2020

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

92nd percentile

0.46x

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

2020 filings • 501(c)8 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

1.89x

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

2020 filings • 501(c)8 • $500k-$1M nonprofits • Source year 2020

Net Margin

88th percentile

27%

Higher net margin than 88% of similar nonprofits.

2020 filings • 501(c)8 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

89th percentile

$12,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2020 filings • 501(c)8 • $500k-$1M nonprofits • Source year 2020

Asset Growth

20th percentile

-5.8%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)8 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-79%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)8 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$913,730

Down $56,626 (-5.8%) from 2019

Net Assets

Up

$495,910

Up $22,245 (+4.7%) from 2019

Liabilities

Down

$417,820

Down $78,871 (-16%) from 2019

Revenue

Down

$221,087

Down $853,163 (-79%) from 2019

Expenses

Down

$161,965

Down $1,034,824 (-86%) from 2019

Net Income

Up

$59,122

Up $181,661 (+148%) from 2019

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

2020

Assets$913,730
Liabilities$417,820
Net Assets$495,910

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

2020

Revenue$221,087
Expenses$161,965
Net Income$59,122
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Aug 28, 2020
Return Version
2019v5.0
Gross Receipts
$341,031
Mission and Program Overview

Mission

FRATERNAL ORGANIZATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$694,759$468,367▼ $226,392
Cash and Non-Interest-Bearing Accounts$90,739$211,800▲ $121,061
Investments Other Securities-$120,029-
Investments in Publicly Traded Securities$146,305$104,590▼ $41,715
Inventories for Sale or Use$30,831--
Accounts Receivable$3,484$5,640▲ $2,156
Savings and Temporary Cash Investments$3,084$3,093▲ $9
Prepaid Expenses and Deferred Charges$1,154$211▼ $943
Total Assets$970,356$913,730▼ $56,626
Liabilities
Other Liabilities-$217,364-
Mortgage Notes Payable Secured by Investment Property$180,226$129,104▼ $51,122
Deferred Revenue$166,079$58,584▼ $107,495
Accounts Payable and Accrued Expenses$150,386$12,768▼ $137,618
Total Liabilities$496,691$417,820▼ $78,871
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$323,804$378,547▲ $54,743
Net Assets With Donor Restrictions$149,861$117,363▼ $32,498
Total Net Assets Fund Balance$473,665$495,910▲ $22,245
Total Liabilities and Net Assets / Fund Balance$970,356$913,730▼ $56,626

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$196,334$1,020,382$1,216,716
Equipment$179,004$102,438$281,442
Land$93,029-$93,029
Other Securities$120,029--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$146,305-▼ $38,041$3,674$104,590
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Barb StruckerSecretaryPT$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
Rod HolmesExalted Rule
Steve LabelleLeading Knig
John BurnhamLecturing Kn
Paul GillingsLoyal Knight
Revenue and Support

Revenue Composition

Contributions and Grants
$20,228
Program Service Revenue
$107,444
Investment Income
$4,806
Other Revenue
$88,609
All Other Contributions
$20,228
Change in Net Assets
$59,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$145,503
Salaries, Compensation, and Employee Benefits$16,462
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$55,741
Other Salaries and Wages---$15,000
Interest---$11,732
Office Expenses---$7,031
Insurance---$6,251
Fees for Services Other---$5,112
Fees for Services Accounting---$4,793
All Other Expenses---$3,436
Occupancy---$1,907
Other Expenses---$1,899
Payroll Taxes---$1,462
Travel---$176
Fees for Services Legal---$16
Total Functional Expenses$0$0$0$161,965
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Insurance Proceeds$217,364
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
Aaron Eisenbraun
Title
Treasurer
Phone
6053931187
Signed
2020-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rod Holmes
Formed
1910
Legal Domicile
Sd
Voting Board Members
11
Independent Board Members
11
Employees
2
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 4,838

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/PYOtherExpensesAmt0579869
IRS990/PYOtherRevenueAmt0345651
IRS990/PYProgramServiceRevenueAmt0704225
IRS990/PYRevenuesLessExpensesAmt0-122539
IRS990/PYSalariesCompEmpBnftPaidAmt0612920
IRS990/PYTotalExpensesAmt01196789
IRS990/PYTotalRevenueAmt01074250
IRS990/ReconcilationRevenueExpnssAmt059122
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt03084
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03093
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01020382
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01216716
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0146305
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0104590
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-38041
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt03674
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0146305
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt03460
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0160452
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0155898
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt03522
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1032
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt036599
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0127102
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt03066
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt093029
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INSURANCE PROCEEDS
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN S-CORP
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
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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IRS990ScheduleD/TotalBookValueSecuritiesAmt0120029
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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 4,838
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/TotalRevenueGrp/ExclusionAmt04806
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0107444
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0221087
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt088609
IRS990/TotalVolunteersCnt0150
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0913730
IRS990/TravelGrp/TotalAmt0176
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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/BuildTS02022-02-16 14:24:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AARON EISENBRAUN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06053931187
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-28
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/AtSubmissionCreationDeviceId0993769111D364D3E4F70764000612982EE650896
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId035D52E91333A758B45B5D8AD0A1E76A82E351355

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