Civic Intelligence

Lake Maloney Golf Course Inc

990 • Fiscal year 2015 • EIN 47-0439540

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

PO Box 476North Platte, NE 69103

(308) 532-9998

Siviq Scores

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

Liabilities / Assets

51st percentile

0.08x

Higher debt load relative to assets than 51% of similar nonprofits.

2015 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

53rd percentile

0.13x

Higher debt load relative to revenue than 53% of similar nonprofits.

2015 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2015

Net Margin

78th percentile

17%

Higher net margin than 78% of similar nonprofits.

2015 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

96th percentile

$49,667

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2015 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2015

Asset Growth

74th percentile

8.1%

Faster asset growth than 74% of similar nonprofits.

2015 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

20th percentile

-7.0%

Faster revenue growth than 20% of similar nonprofits.

2015 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$834,821

Up $62,509 (+8.1%) from 2014

Net Assets

Up

$770,864

Up $81,028 (+12%) from 2014

Liabilities

Down

$63,957

Down $18,519 (-22%) from 2014

Revenue

Down

$482,513

Down $36,346 (-7.0%) from 2014

Expenses

Up

$401,485

Up $1,408 (+0.4%) from 2014

Net Income

Down

$81,028

Down $37,754 (-32%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $436,494Liabilities 2010: $117,090Net Assets 2010: $319,4042010Assets 2011: $610,789Liabilities 2011: $133,219Net Assets 2011: $477,5702011Assets 2012: $692,175Liabilities 2012: $116,024Net Assets 2012: $576,1512012Assets 2013: $671,648Liabilities 2013: $100,594Net Assets 2013: $571,0542013Assets 2014: $772,312Liabilities 2014: $82,476Net Assets 2014: $689,8362014Assets 2015: $834,821Liabilities 2015: $63,957Net Assets 2015: $770,8642015Assets 2016: $840,764Liabilities 2016: $102,068Net Assets 2016: $738,6962016Assets 2017: $796,261Liabilities 2017: $85,128Net Assets 2017: $711,1332017Assets 2018: $765,654Liabilities 2018: $71,001Net Assets 2018: $694,6532018Assets 2019: $714,048Liabilities 2019: $43,887Net Assets 2019: $670,1612019Assets 2020: $701,500Liabilities 2020: $61,000Net Assets 2020: $640,5002020Assets 2021: $825,322Liabilities 2021: $149,245Net Assets 2021: $676,0772021Assets 2022: $863,066Liabilities 2022: $211,284Net Assets 2022: $651,7822022Assets 2023: $841,810Liabilities 2023: $155,916Net Assets 2023: $685,8942023Assets 2024: $801,238Liabilities 2024: $118,160Net Assets 2024: $683,0782024

Highlighted filing

2015

Assets$834,821
Liabilities$63,957
Net Assets$770,864

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $343,7002010Expenses 2011: $352,6232011Revenue 2012: $538,815Expenses 2012: $440,234Net Income 2012: $98,5812012Revenue 2013: $397,483Expenses 2013: $402,580Net Income 2013: -$5,0972013Revenue 2014: $518,859Expenses 2014: $400,077Net Income 2014: $118,7822014Revenue 2015: $482,513Expenses 2015: $401,485Net Income 2015: $81,0282015Revenue 2016: $431,325Expenses 2016: $463,493Net Income 2016: -$32,1682016Revenue 2017: $435,960Expenses 2017: $463,523Net Income 2017: -$27,5632017Revenue 2018: $383,177Expenses 2018: $399,657Net Income 2018: -$16,4802018Revenue 2019: $390,382Expenses 2019: $416,326Net Income 2019: -$25,9442019Revenue 2020: $447,006Expenses 2020: $476,667Net Income 2020: -$29,6612020Revenue 2021: $560,895Expenses 2021: $525,318Net Income 2021: $35,5772021Revenue 2022: $643,115Expenses 2022: $667,410Net Income 2022: -$24,2952022Revenue 2023: $620,818Expenses 2023: $586,706Net Income 2023: $34,1122023Revenue 2024: $677,578Expenses 2024: $680,394Net Income 2024: -$2,8162024

Highlighted filing

2015

Revenue$482,513
Expenses$401,485
Net Income$81,028
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v3.0
Gross Receipts
$579,497
Mission and Program Overview

Mission

The organizations mission is to allow voting members access to a maintained golf course for member play, guest play and social events.

The organizations mission is to allow voting members access to a maintained golf course for member play, guest play, and social events

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$646,792$636,124▼ $10,668
Savings and Temporary Cash Investments$116,709$117,564▲ $855
Cash and Non-Interest-Bearing Accounts$8,811$54,966▲ $46,155
Accounts Receivable-$20,001-
Inventories for Sale or Use-$6,166-
Total Assets$772,312$834,821▲ $62,509
Liabilities
Mortgage Notes Payable Secured by Investment Property$65,978$37,196▼ $28,782
Accounts Payable and Accrued Expenses$16,498$26,761▲ $10,263
Total Liabilities$82,476$63,957▼ $18,519
Net Assets / Fund Balance
Unrestricted Net Assets$689,836$770,864▲ $81,028
Total Net Assets Fund Balance$689,836$770,864▲ $81,028
Total Liabilities and Net Assets / Fund Balance$772,312$834,821▲ $62,509

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$107,951$475,014$582,965
Buildings$285,200$159,863$445,063
Land$233,106-$233,106
Leasehold Improvements$9,867$80,892$90,759
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tim FuquaManagerFT$49,667$49,667

Board Members and Trustees

NameTitle
Roger AndersonPresident
Troy PerryVice President
Brad DawsonMember
Dan WrightMember
Jane M HasselMember
Jerry KossMember
Matt HasenauerMember
Rene GantMember
Rich ReinertMember
Virgil SchusterMember
Linda CarlsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$172,768
Program Service Revenue
$246,957
Investment Income
$916
Other Revenue
$61,872
All Other Contributions
$5,484
Change in Net Assets
$81,028
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$234,128
Salaries, Compensation, and Employee Benefits$167,357
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$109,191--$109,191
Other Salaries and Wages$96,451--$96,451
Current Officers, Directors, Trustees, and Key Employees$49,667--$49,667
Depreciation Depletion$42,760--$42,760
Payroll Taxes$21,239--$21,239
Insurance$11,593--$11,593
Office Expenses$10,495--$10,495
Other Expenses$8,466--$8,466
All Other Expenses$5,973--$5,973
Information Technology$3,716--$3,716
Advertising$3,533--$3,533
Fees for Services Accounting$3,409--$3,409
Travel$709--$709
Interest$323--$323
Total Functional Expenses$401,485$0$0$401,485
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$1,092
Gaming Direct Expenses$324
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
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
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
Yes

Governance Explanations

Management duties delegation Part VI line 3

The board delegates managment decisions to the course manager.

Members or stockholder classes and rights Part VI line 6

Each monthly meeting provides an opportunity for all members so desiring and is encouraged to attend and express their concerns and also to review all documents provided at the meeting

Member election for additional members Part VI line 7A

Members vote on board members at the annual meeting

Governing body decisions Part VI line 7B

The organization records minutes from the monthly board meetings.

Form 990 governing body review Part VI line 11

The board reviews the tax return before it is filed

CEO executive director top management comp Part VI line 15A

All compensation allotments are reviewed at the annual meeting and approved by the board in front of members during the meeting

Other officer or key employee compensation Part VI line 15B

All compensation allotments are reviewed at the annual meeting and approved by the board in front of members during the meeting

Governing documents etc available to public Part VI line 19

Governing documents are available for public inspection on an appointment basis.

Filing and Contact Details

Filer

Filer Name
Lake Maloney Golf Course Inc
EIN
47-0439540
Address
PO BOX 476, NORTH PLATTE, NE 69103

Signing Officer

Name
Roger Anderson
Title
President
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roger Anderson
Formed
1996
Legal Domicile
Ne
Voting Board Members
275
Independent Board Members
275
Employees
17

Preparer

Firm
RJ Meyer & Associates LLC
Address
PO Box 948, North Platte, NE 69103-0948
Preparer
Robert J Meyer CPA
Phone
3085347655
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IRS990/OtherExpensesGrp/TotalAmt38466
IRS990/OtherRevenueMiscGrp/BusinessCd0713910
IRS990/OtherRevenueMiscGrp/BusinessCd1713910
IRS990/OtherRevenueMiscGrp/BusinessCd2713910
IRS990/OtherRevenueMiscGrp/Desc0ATM INC EXP NET
IRS990/OtherRevenueMiscGrp/Desc1MISC OTHER
IRS990/OtherRevenueMiscGrp/Desc2GHIN HANDICAPS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0252
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14801
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2581
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0252
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14801
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2581
IRS990/OtherRevenueTotalAmt05634
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt096451
IRS990/OtherSalariesAndWagesGrp/TotalAmt096451
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt021239
IRS990/PayrollTaxesGrp/TotalAmt021239
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ROGER ANDERSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1713910
IRS990/ProgramServiceRevenueGrp/BusinessCd2713910
IRS990/ProgramServiceRevenueGrp/BusinessCd3713910
IRS990/ProgramServiceRevenueGrp/BusinessCd4713910
IRS990/ProgramServiceRevenueGrp/Desc0CARTS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER GUEST GREEN FEES
IRS990/ProgramServiceRevenueGrp/Desc2TRAIL FEESDRIVING RANG
IRS990/ProgramServiceRevenueGrp/Desc3CART SPACE RENT STORAGE
IRS990/ProgramServiceRevenueGrp/Desc4GOLF TOUR AND LEAGUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt063715
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt174081
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt216480
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt347108
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt438161
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt063750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt178071
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt216747
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt347108
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt438161
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt035
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt13990
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt2267
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0160464
IRS990/PYInvestmentIncomeAmt0723
IRS990/PYOtherExpensesAmt0248435
IRS990/PYOtherRevenueAmt0119229
IRS990/PYProgramServiceRevenueAmt0238443
IRS990/PYRevenuesLessExpensesAmt0118782
IRS990/PYSalariesCompEmpBnftPaidAmt0151642
IRS990/PYTotalExpensesAmt0400077
IRS990/PYTotalRevenueAmt0518859
IRS990/ReconcilationRevenueExpnssAmt081028
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt0543
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0116709
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0117564
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0285200
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0159863
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0445063
IRS990ScheduleD/EquipmentGrp/BookValueAmt0107951
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0475014
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0582965
IRS990ScheduleD/LandGrp/BookValueAmt0233106
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0233106
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09867
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt080892
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt090759
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0636124
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD DELEGATES MANAGMENT DECISIONS TO THE COURSE MANAGER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MONTHLY MEETING PROVIDES AN OPPORTUNITY FOR ALL MEMBERS SO DESIRING AND IS ENCOURAGED TO ATTEND AND EXPRESS THEIR CONCERNS AND ALSO TO REVIEW ALL DOCUMENTS PROVIDED AT THE MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS VOTE ON BOARD MEMBERS AT THE ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION RECORDS MINUTES FROM THE MONTHLY BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REVIEWS THE TAX RETURN BEFORE IT IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL COMPENSATION ALLOTMENTS ARE REVIEWED AT THE ANNUAL MEETING AND APPROVED BY THE BOARD IN FRONT OF MEMBERS DURING THE MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL COMPENSATION ALLOTMENTS ARE REVIEWED AT THE ANNUAL MEETING AND APPROVED BY THE BOARD IN FRONT OF MEMBERS DURING THE MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION ON AN APPOINTMENT BASIS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Management duties delegation Part VI line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0772312
IRS990/TotalAssetsEOYAmt0834821
IRS990/TotalAssetsGrp/BOYAmt0772312
IRS990/TotalAssetsGrp/EOYAmt0834821
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0172768
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0401485
IRS990/TotalFunctionalExpensesGrp/TotalAmt0401485
IRS990/TotalGrossUBIAmt05060
IRS990/TotalLiabilitiesBOYAmt082476
IRS990/TotalLiabilitiesEOYAmt063957
IRS990/TotalLiabilitiesGrp/BOYAmt082476
IRS990/TotalLiabilitiesGrp/EOYAmt063957
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0689836
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0770864
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt03120
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt03120
IRS990/TotalProgramServiceExpensesAmt0401485
IRS990/TotalProgramServiceRevenueAmt0246957
IRS990/TotalReportableCompFromOrgAmt049667
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0304685
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0482513
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt05060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0772312
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0834821
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt0709
IRS990/TravelGrp/TotalAmt0709
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0689836
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0770864
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt0275
IRS990/VotingMembersIndependentCnt0275

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.01$1.18$6.83$6.78$6.80$0.03
2023Detailed filing. Detailed filing data is available for this year.$8.42$1.56$6.86$6.21$5.87$0.34
2022Detailed filing. Detailed filing data is available for this year.$8.63$2.11$6.52$6.43$6.67$0.24
2021Detailed filing. Detailed filing data is available for this year.$8.25$1.49$6.76$5.61$5.25$0.36
2020Detailed filing. Detailed filing data is available for this year.$7.02$0.61$6.41$4.47$4.77$0.30
2019Detailed filing. Detailed filing data is available for this year.$7.14$0.44$6.70$3.90$4.16$0.26
2018Detailed filing. Detailed filing data is available for this year.$7.66$0.71$6.95$3.83$4.00$0.16
2017Detailed filing. Detailed filing data is available for this year.$7.96$0.85$7.11$4.36$4.64$0.28
2016Detailed filing. Detailed filing data is available for this year.$8.41$1.02$7.39$4.31$4.63$0.32
2015Detailed filing. Detailed filing data is available for this year.$8.35$0.64$7.71$4.83$4.01$0.81
2014Summary only. Only limited summary data is available for this year.$7.72$0.82$6.90$5.19$4.00$1.19
2013Detailed filing. Detailed filing data is available for this year.$6.72$1.01$5.71$3.97$4.03$0.05
2012Summary only. Only limited summary data is available for this year.$6.92$1.16$5.76$5.39$4.40$0.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.11$1.33$4.78$3.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$1.17$3.19$3.44