Civic Intelligence

Rmo Golf Inc

990EZ • Fiscal year 2017 • EIN 47-1284197

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 31, 2018

653 Round Hill DriveGrand Junction, CO 81506

(970) 261-7430

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.21x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

76th percentile

0.08x

Higher debt load relative to revenue than 76% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Net Margin

66th percentile

10%

Higher net margin than 66% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Asset Growth

10th percentile

-34%

Faster asset growth than 10% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

54th percentile

1.4%

Faster revenue growth than 54% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$42,858

Down $22,250 (-34%) from 2016

Net Assets

Up

$34,026

Up $12,291 (+57%) from 2016

Liabilities

Down

$8,832

Down $34,541 (-80%) from 2016

Revenue

Up

$117,562

Up $1,612 (+1.4%) from 2016

Expenses

Down

$105,271

Down $2,876 (-2.7%) from 2016

Net Income

Up

$12,291

Up $4,488 (+58%) from 2016

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2016: $65,108Liabilities 2016: $43,373Net Assets 2016: $21,7352016Assets 2017: $42,858Liabilities 2017: $8,832Net Assets 2017: $34,0262017Assets 2018: $46,323Liabilities 2018: $4,250Net Assets 2018: $42,0732018Assets 2019: $40,209Liabilities 2019: $2,521Net Assets 2019: $37,6882019Assets 2020: $32,407Liabilities 2020: $8,233Net Assets 2020: $24,1742020Assets 2021: $76,684Liabilities 2021: $46,913Net Assets 2021: $29,7712021Assets 2023: $47,322Liabilities 2023: $26,070Net Assets 2023: $21,2522023Assets 2025: $46,142Liabilities 2025: $23,207Net Assets 2025: $22,9352025

Highlighted filing

2017

Assets$42,858
Liabilities$8,832
Net Assets$34,026

Operations Trend

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

$200K$100K$0-$100KRevenue 2016: $115,950Expenses 2016: $108,147Net Income 2016: $7,8032016Revenue 2017: $117,562Expenses 2017: $105,271Net Income 2017: $12,2912017Revenue 2018: $118,484Expenses 2018: $110,437Net Income 2018: $8,0472018Revenue 2019: $127,652Expenses 2019: $132,037Net Income 2019: -$4,3852019Revenue 2020: $169,815Expenses 2020: $183,329Net Income 2020: -$13,5142020Revenue 2021: $167,553Expenses 2021: $161,956Net Income 2021: $5,5972021Revenue 2023: $184,429Expenses 2023: $191,604Net Income 2023: -$7,1752023Revenue 2025: $176,029Expenses 2025: $184,911Net Income 2025: -$8,8822025

Highlighted filing

2017

Revenue$117,562
Expenses$105,271
Net Income$12,291
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 31, 2018
Return Version
2016v3.0
Gross Receipts
$117,562
Mission and Program Overview

Mission

The sole purpose of rmo golf, inc. Is to raise significant dollars to fund charitable community projects through the operation of the rocky mountain open golf tournament. The tournament is the oldest continuously operated professional golf tournament in the state of colorado. Rmo golf, inc. Is operated by an all-volunteer board of directors whose goal is to recruit sponsors and players for the event. The proceeds will initially go toward building the event into a highly regarded regional tournament to attract top-rated players. The net proceeds from the event will initially go to fund athletic scholarships and team expenses at colorado mesa university to help them build a first class athletic program. Our intent is to work toward funding a sizable endowment at the university and then branch out to fund other worthwhile charities in our community.

Program Services

DescriptionGrantsExpenses
OPERATION OF THE ROCKY MOUNTAIN OPEN GOLF TOURNAMENT TO RAISE FUNDS FOR ATHLETIC SCHOLARSHIPS AND TO FUND CHARITABLE COMMUNITY PROJECTS.$25,000$102,976
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUG SIMONSPresident-$0--
PAUL BROWNV.P & Tournament Chairman-$0--
ROBERT L DRURYTreasurer-$0--
SCOTT SULLIVANSecretary-$0--
VANCE WAGNERDirector-$0--
MATT HALLDirector-$0--
LARRY WARNKEDirector-$0--
TODD SIMPSONDirector-$0--
JUSTIN AUBERTDirector-$0--
DAN LIVELYDirector-$0--
PATRICK ZACHARYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Rmo Golf Inc
EIN
47-1284197
Phone
9702617430
Address
653 ROUND HILL DRIVE, GRAND JUNCTION, CO 81506

Signing Officer

Name
Robert L Drury
Title
Treasurer
Phone
9702617430
Signed
2018-01-31
Discuss with paid preparer
Yes

Preparer

Firm
Eide Bailly Llp
Address
7001 E BELLEVIEW AVE SUITE 700, DENVER, CO 80237
Preparer
Kyle Fritch CPA
Phone
3037705700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: grant to university for scholarships. Grantee name: colorado mesa university. Grantee address: 1100 north ave grand junction, co 81501. Grantee relationship: none. Amount given: 25,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: information technology. Amount: 1,000. Description: advertising. Amount: 1,570. Description: program expenses - green fees. Amount: 20,912. Description: program expenses - other. Amount: 53,579. Description: fees. Amount: 915. Total to form 990-ez, line 16: 77,976.

Form 990-ez, Part II, Line 24 - Other Assets

Description: goodwill. Beg. Of year amount: 30,000. End of year amount: 30,000.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: notes payable. Beg. Of year amount: 10,000. End of year amount: 0. Description: deposits on 2017 tournament. Beg. Of year amount: 33,373. End of year amount: 8,832.

Raw XML Appendix169 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DOUG SIMONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAUL BROWN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SCOTT SULLIVAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1V.P & TOURNAMENT CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0THE SOLE PURPOSE OF RMO GOLF, INC. IS TO RAISE SIGNIFICANT DOLLARS TO FUND CHARITABLE COMMUNITY PROJECTS THROUGH THE OPERATION OF THE ROCKY MOUNTAIN OPEN GOLF TOURNAMENT. THE TOURNAMENT IS THE OLDEST CONTINUOUSLY OPERATED PROFESSIONAL GOLF TOURNAMENT IN THE STATE OF COLORADO. RMO GOLF, INC. IS OPERATED BY AN ALL-VOLUNTEER BOARD OF DIRECTORS WHOSE GOAL IS TO RECRUIT SPONSORS AND PLAYERS FOR THE EVENT. THE PROCEEDS WILL INITIALLY GO TOWARD BUILDING THE EVENT INTO A HIGHLY REGARDED REGIONAL TOURNAMENT TO ATTRACT TOP-RATED PLAYERS. THE NET PROCEEDS FROM THE EVENT WILL INITIALLY GO TO FUND ATHLETIC SCHOLARSHIPS AND TEAM EXPENSES AT COLORADO MESA UNIVERSITY TO HELP THEM BUILD A FIRST CLASS ATHLETIC PROGRAM. OUR INTENT IS TO WORK TOWARD FUNDING A SIZABLE ENDOWMENT AT THE UNIVERSITY AND THEN BRANCH OUT TO FUND OTHER WORTHWHILE CHARITIES IN OUR COMMUNITY.
IRS990EZ/ProgramServiceRevenueAmt0117562
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OPERATION OF THE ROCKY MOUNTAIN OPEN GOLF TOURNAMENT TO RAISE FUNDS FOR ATHLETIC SCHOLARSHIPS AND TO FUND CHARITABLE COMMUNITY PROJECTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt025000
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.RMOGOLF.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: GRANT TO UNIVERSITY FOR SCHOLARSHIPS. GRANTEE NAME: COLORADO MESA UNIVERSITY. GRANTEE ADDRESS: 1100 NORTH AVE GRAND JUNCTION, CO 81501. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 25,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 1,000. DESCRIPTION: ADVERTISING. AMOUNT: 1,570. DESCRIPTION: PROGRAM EXPENSES - GREEN FEES. AMOUNT: 20,912. DESCRIPTION: PROGRAM EXPENSES - OTHER. AMOUNT: 53,579. DESCRIPTION: FEES. AMOUNT: 915. TOTAL TO FORM 990-EZ, LINE 16: 77,976.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: GOODWILL. BEG. OF YEAR AMOUNT: 30,000. END OF YEAR AMOUNT: 30,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: NOTES PAYABLE. BEG. OF YEAR AMOUNT: 10,000. END OF YEAR AMOUNT: 0. DESCRIPTION: DEPOSITS ON 2017 TOURNAMENT. BEG. OF YEAR AMOUNT: 33,373. END OF YEAR AMOUNT: 8,832.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT L DRURY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09702617430
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RMO GOLF INC
ReturnHeader/Filer/BusinessNameControlTxt0RMOG
ReturnHeader/Filer/EIN0471284197
ReturnHeader/Filer/PhoneNum09702617430
ReturnHeader/Filer/USAddress/AddressLine1Txt0653 ROUND HILL DRIVE
ReturnHeader/Filer/USAddress/CityNm0GRAND JUNCTION
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.203.234.82
ReturnHeader/FilingSecurityInformation/IPDt02018-01-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MS
ReturnHeader/FilingSecurityInformation/IPTm010:00:51
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EIDE BAILLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07001 E BELLEVIEW AVE SUITE 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080237
ReturnHeader/PreparerPersonGrp/PhoneNum03037705700
ReturnHeader/PreparerPersonGrp/PreparationDt02018-01-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KYLE FRITCH CPA
ReturnHeader/ReturnTs02018-02-01T11:25:03-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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