Civic Intelligence

Lake Maloney Golf Course Inc

990 • Fiscal year 2017 • EIN 47-0439540

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

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

57th percentile

0.11x

Higher debt load relative to assets than 57% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.20x

Higher debt load relative to revenue than 61% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2017

Net Margin

18th percentile

-6.3%

Higher net margin than 18% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

98th percentile

$60,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 13.8% of source-year revenue.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2017

Asset Growth

17th percentile

-5.3%

Faster asset growth than 17% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

44th percentile

1.1%

Faster revenue growth than 44% of similar nonprofits.

2017 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$796,261

Down $44,503 (-5.3%) from 2016

Net Assets

Down

$711,133

Down $27,563 (-3.7%) from 2016

Liabilities

Down

$85,128

Down $16,940 (-17%) from 2016

Revenue

Up

$435,960

Up $4,635 (+1.1%) from 2016

Expenses

Up

$463,523

Up $30 (+0.0%) from 2016

Net Income

Up

-$27,563

Up $4,605 (+14%) from 2016

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

2017

Assets$796,261
Liabilities$85,128
Net Assets$711,133

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

2017

Revenue$435,960
Expenses$463,523
Net Income-$27,563
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.2
Gross Receipts
$542,819
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$699,466$654,355▼ $45,111
Savings and Temporary Cash Investments$118,386$94,081▼ $24,305
Accounts Receivable$10,872$22,590▲ $11,718
Inventories for Sale or Use$8,954$13,207▲ $4,253
Cash and Non-Interest-Bearing Accounts$3,086$12,028▲ $8,942
Total Assets$840,764$796,261▼ $44,503
Liabilities
Mortgage Notes Payable Secured by Investment Property$84,439$57,330▼ $27,109
Accounts Payable and Accrued Expenses$17,629$27,798▲ $10,169
Total Liabilities$102,068$85,128▼ $16,940
Net Assets / Fund Balance
Unrestricted Net Assets$738,696$711,133▼ $27,563
Total Net Assets Fund Balance$738,696$711,133▼ $27,563
Total Liabilities and Net Assets / Fund Balance$840,764$796,261▼ $44,503

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$160,697$538,900$699,597
Buildings$258,713$186,350$445,063
Land$233,106-$233,106
Leasehold Improvements$1,839$88,920$90,759
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tim FuquaManagerFT$60,000$60,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$159,323
Program Service Revenue
$206,385
Investment Income
$726
Other Revenue
$69,526
Change in Net Assets
$-27,563
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$257,349
Salaries, Compensation, and Employee Benefits$206,174
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$129,149$60,000-$189,149
Occupancy$88,736$4,670-$93,406
Depreciation Depletion$48,554$2,556-$51,110
Other Expenses$20,970$1,104-$22,074
Payroll Taxes$12,030$4,995-$17,025
Insurance$14,950$787-$15,737
Office Expenses$13,025$686-$13,711
Fees for Services Accounting$4,279$225-$4,504
Advertising$2,984$157-$3,141
All Other Expenses$1,116$1,123-$2,239
Interest$976$51-$1,027
Travel$457--$457
Total Functional Expenses$384,809$78,714$0$463,523
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Gaming Gross Income$-546
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
Backup withholding compliance
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 management 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.

Conflict of interest policy compliance Part VI line 12C

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

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
Davy Perry
Title
President
Phone
3085329998
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Ne
Voting Board Members
308
Independent Board Members
308
Employees
22

Preparer

Firm
Neidhardt CPA PC
Address
121 W 2nd St, North Platte, NE 69101
Preparer
Thomas Neidhardt
Phone
3085342525
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21104
IRS990/OtherExpensesGrp/ProgramServicesAmt02745
IRS990/OtherExpensesGrp/ProgramServicesAmt131405
IRS990/OtherExpensesGrp/ProgramServicesAmt213433
IRS990/OtherExpensesGrp/ProgramServicesAmt320970
IRS990/OtherExpensesGrp/TotalAmt02745
IRS990/OtherExpensesGrp/TotalAmt133058
IRS990/OtherExpensesGrp/TotalAmt214140
IRS990/OtherExpensesGrp/TotalAmt322074
IRS990/OtherRevenueMiscGrp/BusinessCd0713910
IRS990/OtherRevenueMiscGrp/BusinessCd1713910
IRS990/OtherRevenueMiscGrp/Desc0ATM INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt032
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt113515
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt032
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt114226
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0711
IRS990/OtherRevenueTotalAmt014258
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0129149
IRS990/OtherSalariesAndWagesGrp/TotalAmt0189149
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04995
IRS990/PayrollTaxesGrp/ProgramServicesAmt012030
IRS990/PayrollTaxesGrp/TotalAmt017025
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1713910
IRS990/ProgramServiceRevenueGrp/BusinessCd2713910
IRS990/ProgramServiceRevenueGrp/BusinessCd3713910
IRS990/ProgramServiceRevenueGrp/BusinessCd4713910
IRS990/ProgramServiceRevenueGrp/Desc0CART RENTAL & STORAGE
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER GUEST GREEN FEES
IRS990/ProgramServiceRevenueGrp/Desc2TRAIL FEESDRIVING RANG
IRS990/ProgramServiceRevenueGrp/Desc3TOURNAMENTS AND LEAGUE
IRS990/ProgramServiceRevenueGrp/Desc4DONATIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0103941
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt149512
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27662
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt317877
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt416800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0109152
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt153858
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27804
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt318771
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt416800
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt05211
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt14346
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt2142
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt3894
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0173260
IRS990/PYInvestmentIncomeAmt0880
IRS990/PYOtherExpensesAmt0261691
IRS990/PYOtherRevenueAmt044508
IRS990/PYProgramServiceRevenueAmt0212677
IRS990/PYRevenuesLessExpensesAmt0-32168
IRS990/PYSalariesCompEmpBnftPaidAmt0201802
IRS990/PYTotalExpensesAmt0463493
IRS990/PYTotalRevenueAmt0431325
IRS990/ReconcilationRevenueExpnssAmt0-27563
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0118386
IRS990/SavingsAndTempCashInvstGrp/EOYAmt094081
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0258713
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0186350
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0445063
IRS990ScheduleD/EquipmentGrp/BookValueAmt0160697
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0538900
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0699597
IRS990ScheduleD/LandGrp/BookValueAmt0233106
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0233106
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01839
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt088920
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt090759
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0654355
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD DELEGATES MANAGEMENT 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/ExplanationTxt7ALL COMPENSATION ALLOTMENTS ARE REVIEWED AT THE ANNUAL MEETING AND APPROVED BY THE BOARD IN FRONT OF MEMBERS DURING THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GOVERNING 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/FormAndLineReferenceDesc5Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0840764
IRS990/TotalAssetsEOYAmt0796261
IRS990/TotalAssetsGrp/BOYAmt0840764
IRS990/TotalAssetsGrp/EOYAmt0796261
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0159323
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt078714
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0384809
IRS990/TotalFunctionalExpensesGrp/TotalAmt0463523
IRS990/TotalGrossUBIAmt022040
IRS990/TotalLiabilitiesBOYAmt0102068
IRS990/TotalLiabilitiesEOYAmt085128
IRS990/TotalLiabilitiesGrp/BOYAmt0102068
IRS990/TotalLiabilitiesGrp/EOYAmt085128
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0738696
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0711133
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0384809
IRS990/TotalProgramServiceRevenueAmt0206385
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0254597
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0435960
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt022040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0840764
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0796261
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0457
IRS990/TravelGrp/TotalAmt0457
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
Peer Organizations

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