Civic Intelligence

Lake Maloney Golf Course Inc

990 • Fiscal year 2018 • EIN 47-0439540

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

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

56th percentile

0.09x

Higher debt load relative to assets than 56% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.19x

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

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Net Margin

24th percentile

-4.3%

Higher net margin than 24% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

98th percentile

$60,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 15.7% of source-year revenue.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Asset Growth

23rd percentile

-3.8%

Faster asset growth than 23% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

15th percentile

-12%

Faster revenue growth than 15% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$765,654

Down $30,607 (-3.8%) from 2017

Net Assets

Down

$694,653

Down $16,480 (-2.3%) from 2017

Liabilities

Down

$71,001

Down $14,127 (-17%) from 2017

Revenue

Down

$383,177

Down $52,783 (-12%) from 2017

Expenses

Down

$399,657

Down $63,866 (-14%) from 2017

Net Income

Up

-$16,480

Up $11,083 (+40%) from 2017

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

2018

Assets$765,654
Liabilities$71,001
Net Assets$694,653

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

2018

Revenue$383,177
Expenses$399,657
Net Income-$16,480
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$475,830
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$654,355$647,117▼ $7,238
Savings and Temporary Cash Investments$94,081$69,599▼ $24,482
Accounts Receivable$22,590$32,314▲ $9,724
Inventories for Sale or Use$13,207$12,212▼ $995
Cash and Non-Interest-Bearing Accounts$12,028$4,412▼ $7,616
Total Assets$796,261$765,654▼ $30,607
Liabilities
Mortgage Notes Payable Secured by Investment Property$57,330$38,672▼ $18,658
Accounts Payable and Accrued Expenses$27,798$32,329▲ $4,531
Total Liabilities$85,128$71,001▼ $14,127
Net Assets / Fund Balance
Unrestricted Net Assets$711,133$694,653▼ $16,480
Total Net Assets Fund Balance$711,133$694,653▼ $16,480
Total Liabilities and Net Assets / Fund Balance$796,261$765,654▼ $30,607

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$162,296$575,872$738,168
Buildings$246,448$198,615$445,063
Land$238,373-$238,373
Leasehold Improvements-$90,759$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
$148,543
Program Service Revenue
$184,194
Investment Income
$549
Other Revenue
$49,891
Change in Net Assets
$-16,480
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$209,127
Salaries, Compensation, and Employee Benefits$190,530
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$115,774$60,000-$175,774
Occupancy$47,402$5,057-$52,459
Depreciation Depletion-$51,076-$51,076
All Other Expenses$20,208$1,064-$21,272
Insurance$9,151$9,131-$18,282
Payroll Taxes$10,049$4,707-$14,756
Office Expenses$7,841$890-$8,731
Other Expenses$5,508$290-$5,798
Fees for Services Accounting$3,600$975-$4,575
Advertising$1,179$1,180-$2,359
Interest$790$791-$1,581
Travel$72$72-$144
Total Functional Expenses$262,281$137,376$0$399,657
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Gaming Gross Income$-1,192
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
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Ne
Voting Board Members
253
Independent Board Members
253
Employees
20

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/ProgramServicesAmt010459
IRS990/OtherExpensesGrp/ProgramServicesAmt124419
IRS990/OtherExpensesGrp/ProgramServicesAmt25829
IRS990/OtherExpensesGrp/ProgramServicesAmt35508
IRS990/OtherExpensesGrp/TotalAmt011010
IRS990/OtherExpensesGrp/TotalAmt125704
IRS990/OtherExpensesGrp/TotalAmt26136
IRS990/OtherExpensesGrp/TotalAmt35798
IRS990/OtherRevenueMiscGrp/BusinessCd0713910
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05182
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05182
IRS990/OtherRevenueTotalAmt05182
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0115774
IRS990/OtherSalariesAndWagesGrp/TotalAmt0175774
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04707
IRS990/PayrollTaxesGrp/ProgramServicesAmt010049
IRS990/PayrollTaxesGrp/TotalAmt014756
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1713910
IRS990/ProgramServiceRevenueGrp/BusinessCd2713910
IRS990/ProgramServiceRevenueGrp/BusinessCd3713910
IRS990/ProgramServiceRevenueGrp/BusinessCd4713910
IRS990/ProgramServiceRevenueGrp/Desc0CART RENTAL & STORAGEE
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER GUEST GREEN FEES
IRS990/ProgramServiceRevenueGrp/Desc2TRAIL FEESDRIVING RANG
IRS990/ProgramServiceRevenueGrp/Desc3TOURNAMENTS AND LEAGUE
IRS990/ProgramServiceRevenueGrp/Desc4DONATIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt075561
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt142367
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29754
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt314368
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt417000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt084104
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt150928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213005
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt319157
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt417000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt08543
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt18561
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt23251
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt34789
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0159323
IRS990/PYInvestmentIncomeAmt0726
IRS990/PYOtherExpensesAmt0257349
IRS990/PYOtherRevenueAmt069526
IRS990/PYProgramServiceRevenueAmt0206385
IRS990/PYRevenuesLessExpensesAmt0-27563
IRS990/PYSalariesCompEmpBnftPaidAmt0206174
IRS990/PYTotalExpensesAmt0463523
IRS990/PYTotalRevenueAmt0435960
IRS990/ReconcilationRevenueExpnssAmt0-16480
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt094081
IRS990/SavingsAndTempCashInvstGrp/EOYAmt069599
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0246448
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0198615
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0445063
IRS990ScheduleD/EquipmentGrp/BookValueAmt0162296
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0575872
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0738168
IRS990ScheduleD/LandGrp/BookValueAmt0238373
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0238373
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt090759
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt090759
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0647117
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0796261
IRS990/TotalAssetsEOYAmt0765654
IRS990/TotalAssetsGrp/BOYAmt0796261
IRS990/TotalAssetsGrp/EOYAmt0765654
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0148543
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0137376
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0262281
IRS990/TotalFunctionalExpensesGrp/TotalAmt0399657
IRS990/TotalGrossUBIAmt036322
IRS990/TotalLiabilitiesBOYAmt085128
IRS990/TotalLiabilitiesEOYAmt071001
IRS990/TotalLiabilitiesGrp/BOYAmt085128
IRS990/TotalLiabilitiesGrp/EOYAmt071001
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0711133
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0694653
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0262281
IRS990/TotalProgramServiceRevenueAmt0184194
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0198312
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0383177
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt036322
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0796261
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0765654
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt072
IRS990/TravelGrp/ProgramServicesAmt072
IRS990/TravelGrp/TotalAmt0144
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0711133
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0694653
IRS990/UponRequestInd0X

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