Civic Intelligence

Rmo Golf Inc

990EZ • Fiscal year 2018 • EIN 47-1284197

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 24, 2019

2303 West Ridges BlvdGrand Junction, CO 81507

(970) 261-7430

Siviq Scores

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

Liabilities / Assets

76th percentile

0.09x

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

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

70th percentile

0.04x

Higher debt load relative to revenue than 70% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Net Margin

59th percentile

6.8%

Higher net margin than 59% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Asset Growth

65th percentile

8.1%

Faster asset growth than 65% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

52nd percentile

0.8%

Faster revenue growth than 52% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$46,323

Down $18,785 (-29%) from 2016

Net Assets

Up

$42,073

Up $20,338 (+94%) from 2016

Liabilities

Down

$4,250

Down $39,123 (-90%) from 2016

Revenue

Up

$118,484

Up $2,534 (+2.2%) from 2016

Expenses

Up

$110,437

Up $2,290 (+2.1%) from 2016

Net Income

Up

$8,047

Up $244 (+3.1%) 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 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

2018

Assets$46,323
Liabilities$4,250
Net Assets$42,073

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 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

2018

Revenue$118,484
Expenses$110,437
Net Income$8,047
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 24, 2019
Return Version
2017v2.3
Gross Receipts
$118,484
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.$20,000$109,141
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--
JUSTIN AUBERTDirector-$0--
PATRICK ZACHARYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Rmo Golf Inc
EIN
47-1284197
Phone
9702617430
Address
2303 WEST RIDGES BLVD, GRAND JUNCTION, CO 81507

Signing Officer

Name
Robert L Drury
Title
Treasurer
Phone
9702617430
Signed
2019-01-24
Discuss with paid preparer
Yes

Preparer

Firm
Eide Bailly Llp
Address
7001 E BELLEVIEW AVE STE 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: 20,000.

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

Description: information technology. Amount: 2,000. Description: program expenses - green fees. Amount: 15,988. Description: program expenses - other. Amount: 71,153. Description: bank fees. Amount: 101. Total to form 990-ez, line 16: 89,242.

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: deposits on 2018 tournament. Beg. Of year amount: 8,832. End of year amount: 4,250.

Raw XML Appendix158 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
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT L DRURY
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
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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/ProgramServiceRevenueAmt0118484
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OPERATION OF THE ROCKY MOUNTAIN OPEN GOLF TOURNAMENT TO RAISE FUNDS FOR ATHLETIC SCHOLARSHIPS AND TO FUND CHARITABLE COMMUNITY PROJECTS.
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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: 20,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 2,000. DESCRIPTION: PROGRAM EXPENSES - GREEN FEES. AMOUNT: 15,988. DESCRIPTION: PROGRAM EXPENSES - OTHER. AMOUNT: 71,153. DESCRIPTION: BANK FEES. AMOUNT: 101. TOTAL TO FORM 990-EZ, LINE 16: 89,242.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: GOODWILL. BEG. OF YEAR AMOUNT: 30,000. END OF YEAR AMOUNT: 30,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DEPOSITS ON 2018 TOURNAMENT. BEG. OF YEAR AMOUNT: 8,832. END OF YEAR AMOUNT: 4,250.
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/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/Filer/EIN0471284197
ReturnHeader/Filer/PhoneNum09702617430
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ReturnHeader/FilingSecurityInformation/IPTm009:10:58
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ReturnHeader/PreparerPersonGrp/PhoneNum03037705700
ReturnHeader/PreparerPersonGrp/PreparationDt02019-01-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KYLE FRITCH CPA
ReturnHeader/ReturnTs02019-01-25T19:44:28-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)4 • <$500k nonprofits