Civic Intelligence

Minturn Fitness Center

990 • Fiscal year 2016 • EIN 46-4631426

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

PO Box 309Minturn, CO 81645

(970) 790-5090

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

4th percentile

-85%

Higher net margin than 4% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$2,374,481

No earlier filing loaded for comparison.

Net Assets

$2,373,481

No earlier filing loaded for comparison.

Liabilities

$1,000

No earlier filing loaded for comparison.

Revenue

$121,373

No earlier filing loaded for comparison.

Expenses

$224,332

No earlier filing loaded for comparison.

Net Income

-$102,959

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2016: $2,374,481Liabilities 2016: $1,000Net Assets 2016: $2,373,4812016Assets 2017: $2,301,639Liabilities 2017: $1,000Net Assets 2017: $2,300,6392017Assets 2018: $2,202,339Liabilities 2018: $0Net Assets 2018: $2,202,3392018Assets 2019: $2,117,291Liabilities 2019: $0Net Assets 2019: $2,117,2912019Assets 2020: $2,029,309Liabilities 2020: $0Net Assets 2020: $2,029,3092020Assets 2021: $1,945,061Liabilities 2021: $0Net Assets 2021: $1,945,0612021Assets 2022: $1,904,343Liabilities 2022: $0Net Assets 2022: $1,904,3432022Assets 2023: $1,806,975Liabilities 2023: $0Net Assets 2023: $1,806,9752023Assets 2024: $1,784,782Liabilities 2024: $0Net Assets 2024: $1,784,7822024

Highlighted filing

2016

Assets$2,374,481
Liabilities$1,000
Net Assets$2,373,481

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2016: $121,373Expenses 2016: $224,332Net Income 2016: -$102,9592016Revenue 2017: $170,560Expenses 2017: $243,402Net Income 2017: -$72,8422017Revenue 2018: $151,537Expenses 2018: $249,837Net Income 2018: -$98,3002018Revenue 2019: $175,028Expenses 2019: $260,076Net Income 2019: -$85,0482019Revenue 2020: $138,649Expenses 2020: $226,631Net Income 2020: -$87,9822020Revenue 2021: $185,883Expenses 2021: $270,131Net Income 2021: -$84,2482021Revenue 2022: $181,842Expenses 2022: $222,560Net Income 2022: -$40,7182022Revenue 2023: $170,461Expenses 2023: $267,829Net Income 2023: -$97,3682023Revenue 2024: $255,312Expenses 2024: $277,505Net Income 2024: -$22,1932024

Highlighted filing

2016

Revenue$121,373
Expenses$224,332
Net Income-$102,959
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$122,496
Mission and Program Overview

Mission

To fund, construct, maintain, and participate in the management of a fitness center for the benefit of the residents of the town of minturn, the vail valley and a training center for the ski and snowboard club vail (a colorado nonprofit corporation).

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,476,440$2,373,481▼ $102,959
Land, Buildings, and Equipment, Net$2,458,946$2,372,181▼ $86,765
Cash and Non-Interest-Bearing Accounts$18,494$2,300▼ $16,194
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,477,440$2,374,481▼ $102,959
Liabilities
Other Liabilities$1,000$1,000→ $0
Total Liabilities$1,000$1,000→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,476,440$2,373,481▼ $102,959
Total Liabilities and Net Assets / Fund Balance$2,477,440$2,374,481▼ $102,959

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,078,263$131,188$2,209,451
Other Land Buildings$236,468$78,823$315,291
Land$57,450-$57,450
Compensation and Service Providers

Board Members and Trustees

NameTitle
John ColePresident
John RosenfeldVice President
John HaleDirector
Kristina KroneDirector
Michelle MeteerSecretary
John KeaneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,000
Program Service Revenue
$96,496
Investment Income
$0
Other Revenue
$9,877
All Other Contributions
$15,000
Change in Net Assets
$-102,959
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$155,389
Salaries, Compensation, and Employee Benefits$68,943
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$86,765--$86,765
Other Salaries and Wages$62,356--$62,356
Occupancy$48,439--$48,439
Payroll Taxes$5,561--$5,561
Fees for Services Other$4,443--$4,443
Advertising$2,997--$2,997
Fees for Services Accounting$2,872--$2,872
Other Employee Benefits$1,026--$1,026
Other Expenses$874--$874
Total Functional Expenses$224,332$0$0$224,332
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$1,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Reviewed by the organization president.

Form 990, Part VI, Section B, Line 12C

Reviewed and affirmed annually.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Minturn Fitness Center
EIN
46-4631426
Phone
9707905090
Address
PO BOX 309, MINTURN, CO 81645

Signing Officer

Name
John Cole
Title
President
Phone
9707905090
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Cole
Formed
2013
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
15
Volunteers
0

Preparer

Firm
Novosad Lyle & Associates Pc
Address
PO BOX 5910, AVON, CO 81620
Preparer
Kelly E Lyle CPA
Phone
9708458000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY THE ORGANIZATION PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED AND AFFIRMED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02477440
IRS990/TotalAssetsEOYAmt02374481
IRS990/TotalAssetsGrp/BOYAmt02477440
IRS990/TotalAssetsGrp/EOYAmt02374481
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt015000
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0224332
IRS990/TotalFunctionalExpensesGrp/TotalAmt0224332
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01000
IRS990/TotalLiabilitiesEOYAmt01000
IRS990/TotalLiabilitiesGrp/BOYAmt01000
IRS990/TotalLiabilitiesGrp/EOYAmt01000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02476440
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02373481
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0224332
IRS990/TotalProgramServiceRevenueAmt096496
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0106373
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0121373
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02477440
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02374481
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 309
IRS990/USAddress/CityNm0MINTURN
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd081645
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0MINTURNFITNESSCENTER.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN COLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09707905090
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINTURN FITNESS CENTER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O TOWN OF MINTURN
ReturnHeader/Filer/BusinessNameControlTxt0MINT
ReturnHeader/Filer/EIN0464631426
ReturnHeader/Filer/PhoneNum09707905090
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 309
ReturnHeader/Filer/USAddress/CityNm0MINTURN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081645
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId043DB19A21E3C2C37FAEF78111972ABDC1E0B21F6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00B5200BF8053911625A9E846E4BBF92A27627AE9
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.160.60.241
ReturnHeader/FilingSecurityInformation/IPDt02017-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MS
ReturnHeader/FilingSecurityInformation/IPTm013:57:25
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0841200442
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NOVOSAD LYLE & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 5910
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AVON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd081620
ReturnHeader/PreparerPersonGrp/PhoneNum09708458000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLY E LYLE CPA
ReturnHeader/ReturnTs02017-11-15T09:57:01-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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