Civic Intelligence

The Shenandoah Club

990 • Fiscal year 2014 • EIN 54-0377085

Feb 01, 2013 to Jan 31, 2014 • Filed on Dec 09, 2014

24 Franklin Road24011

(540) 345-1576

Siviq Scores

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

Liabilities / Assets

58th percentile

0.36x

Higher debt load relative to assets than 58% of similar nonprofits.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

35th percentile

0.23x

Higher debt load relative to revenue than 35% of similar nonprofits.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2014

Net Margin

39th percentile

-0.3%

Higher net margin than 39% of similar nonprofits.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

88th percentile

$106,462

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2014

Asset Growth

17th percentile

-5.1%

Faster asset growth than 17% of similar nonprofits.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$932,302

Down $49,585 (-5.0%) from 2013

Net Assets

Down

$601,225

Down $4,970 (-0.8%) from 2013

Liabilities

Down

$331,077

Down $44,615 (-12%) from 2013

Revenue

$1,446,648

No earlier filing loaded for comparison.

Expenses

Down

$1,451,618

Down $16,713 (-1.1%) from 2013

Net Income

-$4,970

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,038,954Liabilities 2011: $508,424Net Assets 2011: $530,5302011Assets 2012: $992,560Liabilities 2012: $428,220Net Assets 2012: $564,3402012Assets 2013: $981,887Liabilities 2013: $375,692Net Assets 2013: $606,1952013Assets 2014: $932,302Liabilities 2014: $331,077Net Assets 2014: $601,2252014Assets 2015: $813,009Liabilities 2015: $321,743Net Assets 2015: $491,2662015Assets 2016: $747,702Liabilities 2016: $304,471Net Assets 2016: $443,2312016Assets 2017: $652,667Liabilities 2017: $296,594Net Assets 2017: $356,0732017Assets 2018: $669,869Liabilities 2018: $295,955Net Assets 2018: $373,9142018Assets 2019: $583,681Liabilities 2019: $276,579Net Assets 2019: $307,1022019Assets 2020: $527,390Liabilities 2020: $313,838Net Assets 2020: $213,5522020Assets 2021: $480,210Liabilities 2021: $302,831Net Assets 2021: $177,3792021Assets 2022: $706,174Liabilities 2022: $297,803Net Assets 2022: $408,3712022Assets 2023: $922,723Liabilities 2023: $288,176Net Assets 2023: $634,5472023Assets 2024: $764,469Liabilities 2024: $321,727Net Assets 2024: $442,7422024Assets 2025: $737,706Liabilities 2025: $279,602Net Assets 2025: $458,1042025

Highlighted filing

2014

Assets$932,302
Liabilities$331,077
Net Assets$601,225

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,814,1682011Expenses 2012: $1,593,9142012Expenses 2013: $1,468,3312013Revenue 2014: $1,446,648Expenses 2014: $1,451,618Net Income 2014: -$4,9702014Revenue 2015: $1,386,769Expenses 2015: $1,496,728Net Income 2015: -$109,9592015Revenue 2016: $1,442,750Expenses 2016: $1,490,785Net Income 2016: -$48,0352016Revenue 2017: $1,524,331Expenses 2017: $1,611,489Net Income 2017: -$87,1582017Revenue 2018: $1,540,318Expenses 2018: $1,522,477Net Income 2018: $17,8412018Revenue 2019: $1,489,799Expenses 2019: $1,556,611Net Income 2019: -$66,8122019Revenue 2020: $1,439,733Expenses 2020: $1,533,283Net Income 2020: -$93,5502020Revenue 2021: $928,470Expenses 2021: $964,643Net Income 2021: -$36,1732021Revenue 2022: $1,080,922Expenses 2022: $849,930Net Income 2022: $230,9922022Revenue 2023: $1,370,999Expenses 2023: $1,144,823Net Income 2023: $226,1762023Revenue 2024: $1,293,982Expenses 2024: $1,485,787Net Income 2024: -$191,8052024Revenue 2025: $1,575,192Expenses 2025: $1,559,830Net Income 2025: $15,3622025

Highlighted filing

2014

Revenue$1,446,648
Expenses$1,451,618
Net Income-$4,970
Jump To
Filing Snapshot
Filing Period
Feb 1, 2013 to Jan 31, 2014
Signed
Dec 9, 2014
Return Version
2013v3.0
Gross Receipts
$1,805,271
Mission and Program Overview

Mission

The club provides pleasant surroundings for dining, relaxing, and fellowship between the approximately 500 members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$678,445$600,110▼ $78,335
Cash and Non-Interest-Bearing Accounts$170,600$168,896▼ $1,704
Inventories for Sale or Use$71,207$89,540▲ $18,333
Accounts Receivable$56,446$63,375▲ $6,929
Prepaid Expenses and Deferred Charges$2,818$7,701▲ $4,883
Total Assets$981,887$932,302▼ $49,585
Other Assets Total$2,371$2,680▲ $309
Liabilities
Mortgage Notes Payable Secured by Investment Property$293,546$279,551▼ $13,995
Accounts Payable and Accrued Expenses$52,596$48,846▼ $3,750
Other Liabilities$29,550$2,680▼ $26,870
Total Liabilities$375,692$331,077▼ $44,615
Net Assets / Fund Balance
Unrestricted Net Assets$606,195$601,225▼ $4,970
Total Net Assets Fund Balance$606,195$601,225▼ $4,970
Total Liabilities and Net Assets / Fund Balance$981,887$932,302▼ $49,585

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$527,423$2,128,700$2,656,123
Equipment$65,437$511,920$577,357
Land$7,250-$7,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Clyde BennettGeneral ManagerFT$100,964$5,498$106,462
Rose HaywoodControllerFT$50,439$5,496$55,935

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$856,163
Investment Income
$0
Other Revenue
$590,485
Change in Net Assets
$-4,970

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,446,648
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,446,648
Total Revenue per Form 990
$1,446,648
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$916,747
Other Expenses$534,871
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$639,348
Current Officers, Directors, Trustees, and Key Employees---$162,397
All Other Expenses---$112,841
Occupancy---$102,663
Depreciation Depletion---$93,258
Payroll Taxes---$63,846
Other Employee Benefits---$51,156
Office Expenses---$40,296
Insurance---$26,177
Interest---$16,694
Conferences and Meetings---$11,959
Information Technology---$10,519
Fees for Services Accounting---$8,200
Other Expenses---$7,245
Fees for Services Other---$6,092
Total Functional Expenses$0$0$0$1,451,618

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,451,618
Total Expenses per Audited Statements$1,451,618
Total Expenses per Form 990$1,451,618
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Plan$2,680
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The club has approximately 550 members.

Form 990, Part VI, Section A, Line 7A

Members elect the governing board.

Form 990, Part VI, Section A, Line 7B

Members appprove amendments to the articles of incorporation.

Form 990, Part VI, Section B, Line 11

Form 990 was emailed to the board prior to filing.

Form 990, Part VI, Section B, Line 12C

Conflicts are disclosed during board meetings, if a conflict arises then the director abstains from voting.

Form 990, Part VI, Section B, Line 15

Compensation for general manager and controller is determined by the finance committee after reviewing performance and comparability data and trends.

Form 990, Part VI, Section C, Line 19

All governing documents are available upon request.

Filing and Contact Details

Filer

EIN
54-0377085
Phone
5403451576

Signing Officer

Name
Clyde Bennett
Title
General Manager
Phone
5403451576
Signed
2014-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clyde Bennett
Formed
1893
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
12
Employees
39
Volunteers
12

Preparer

Preparer
J David Wright
Phone
5403444333
Supplemental Narrative

Additional Explanations

Form 990. Part XII, Line 2C

The process has not changed from the prior year.

Raw XML Appendix393 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SEC-TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/ProgramServiceRevenueGrp/BusinessCd0722100
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0856163
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0856163
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0573460
IRS990/PYOtherRevenueAmt0596082
IRS990/PYProgramServiceRevenueAmt0914104
IRS990/PYRevenuesLessExpensesAmt041855
IRS990/PYSalariesCompEmpBnftPaidAmt0894871
IRS990/PYTotalExpensesAmt01468331
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01510186
IRS990/ReconcilationRevenueExpnssAmt0-4970
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0527423
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02128700
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02656123
IRS990ScheduleD/EquipmentGrp/BookValueAmt065437
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0511920
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0577357
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01451618
IRS990ScheduleD/LandGrp/BookValueAmt07250
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02680
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED COMPENSATION PLAN
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01446648
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0600110
IRS990ScheduleD/TotalExpensesPerForm990Amt01451618
IRS990ScheduleD/TotalLiabilityAmt02680
IRS990ScheduleD/TotalRevenuePerForm990Amt01446648
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01446648
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01451618
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CLUB HAS APPROXIMATELY 550 MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS APPPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 WAS EMAILED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS ARE DISCLOSED DURING BOARD MEETINGS, IF A CONFLICT ARISES THEN THE DIRECTOR ABSTAINS FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR GENERAL MANAGER AND CONTROLLER IS DETERMINED BY THE FINANCE COMMITTEE AFTER REVIEWING PERFORMANCE AND COMPARABILITY DATA AND TRENDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990. PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0981887
IRS990/TotalAssetsEOYAmt0932302
IRS990/TotalAssetsGrp/BOYAmt0981887
IRS990/TotalAssetsGrp/EOYAmt0932302
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt039
IRS990/TotalFunctionalExpensesGrp/TotalAmt01451618
IRS990/TotalGrossUBIAmt0130579
IRS990/TotalLiabilitiesBOYAmt0375692
IRS990/TotalLiabilitiesEOYAmt0331077
IRS990/TotalLiabilitiesGrp/BOYAmt0375692
IRS990/TotalLiabilitiesGrp/EOYAmt0331077
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0606195
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0601225
IRS990/TotalOtherCompensationAmt010994
IRS990/TotalProgramServiceRevenueAmt0856163
IRS990/TotalReportableCompFromOrgAmt0151403
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01316069
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01446648
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0130579
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0981887
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0932302
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0606195
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0601225
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1024 FRANKLIN ROAD
IRS990/USAddress/City0ROANOKE
IRS990/USAddress/State0VA
IRS990/USAddress/ZIPCode024011
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.SHENANDOAH-CLUB.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CLYDE BENNETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum05403451576
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-12-09
ReturnHeader/Filer/BusinessName/BusinessNameLine10THE SHENANDOAH CLUB
ReturnHeader/Filer/BusinessNameControlTxt0SHEN
ReturnHeader/Filer/EIN0540377085
ReturnHeader/Filer/PhoneNum05403451576
ReturnHeader/Filer/USAddress/AddressLine1024 FRANKLIN ROAD
ReturnHeader/Filer/USAddress/City0ROANOKE
ReturnHeader/Filer/USAddress/State0VA
ReturnHeader/Filer/USAddress/ZIPCode024011
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0540617257
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ANDERSON & REED LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 13885
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0ROANOKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode024038
ReturnHeader/PreparerPersonGrp/PhoneNum05403444333
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J DAVID WRIGHT
ReturnHeader/ReturnTs02014-12-11T09:58:51-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-02-01
ReturnHeader/TaxPeriodEndDt02014-01-31
ReturnHeader/TaxYr02013

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.28$0.46$1.58$1.56$0.02
2024Detailed filing. Detailed filing data is available for this year.$0.76$0.32$0.44$1.29$1.49$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.92$0.29$0.63$1.37$1.14$0.23
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.30$0.41$1.08$0.85$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.48$0.30$0.18$0.93$0.96$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.53$0.31$0.21$1.44$1.53$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.28$0.31$1.49$1.56$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.67$0.30$0.37$1.54$1.52$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.30$0.36$1.52$1.61$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.75$0.30$0.44$1.44$1.49$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.81$0.32$0.49$1.39$1.50$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.93$0.33$0.60$1.45$1.45$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.38$0.61$1.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.43$0.56$1.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.51$0.53$1.81