Civic Intelligence

Kinloch Golf Association

990 • Fiscal year 2013 • EIN 54-1951067

Jan 01, 2013 to Dec 31, 2013 • Filed on May 12, 2014

100 Kinloch Lane23103

(804) 784-8000

Siviq Scores

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

Liabilities / Assets

40th percentile

0.20x

Higher debt load relative to assets than 40% of similar nonprofits.

2013 filings • 501(c)7 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

77th percentile

1.20x

Higher debt load relative to revenue than 77% of similar nonprofits.

2013 filings • $25M-$50M nonprofits • Source year 2013

Net Margin

46th percentile

3.6%

Higher net margin than 46% of similar nonprofits.

2013 filings • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

75th percentile

$311,067

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2013 filings • $25M-$50M nonprofits • Source year 2013

Asset Growth

34th percentile

-0.3%

Faster asset growth than 34% of similar nonprofits.

2013 filings • 501(c)7 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

38th percentile

0.9%

Faster revenue growth than 38% of similar nonprofits.

2013 filings • $25M-$50M nonprofits • Annualized from 2012 to 2013

Assets

Down

$38,398,749

Down $121,963 (-0.3%) from 2012

Net Assets

Up

$30,556,222

Up $236,741 (+0.8%) from 2012

Liabilities

Down

$7,842,527

Down $358,704 (-4.4%) from 2012

Revenue

Up

$6,519,255

Up $55,757 (+0.9%) from 2012

Expenses

Up

$6,282,514

Up $224,271 (+3.7%) from 2012

Net Income

Down

$236,741

Down $168,514 (-42%) from 2012

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $38,466,837Liabilities 2011: $8,552,611Net Assets 2011: $29,914,2262011Assets 2012: $38,520,712Liabilities 2012: $8,201,231Net Assets 2012: $30,319,4812012Assets 2013: $38,398,749Liabilities 2013: $7,842,527Net Assets 2013: $30,556,2222013Assets 2014: $38,599,851Liabilities 2014: $7,315,505Net Assets 2014: $31,284,3462014Assets 2015: $40,916,896Liabilities 2015: $9,179,244Net Assets 2015: $31,737,6522015Assets 2016: $40,308,650Liabilities 2016: $8,452,520Net Assets 2016: $31,856,1302016Assets 2017: $40,055,365Liabilities 2017: $8,016,263Net Assets 2017: $32,039,1022017Assets 2018: $39,704,554Liabilities 2018: $7,629,112Net Assets 2018: $32,075,4422018Assets 2019: $44,197,547Liabilities 2019: $12,522,266Net Assets 2019: $31,675,2812019Assets 2020: $44,603,143Liabilities 2020: $12,982,820Net Assets 2020: $31,620,3232020Assets 2021: $45,313,161Liabilities 2021: $13,114,942Net Assets 2021: $32,198,2192021Assets 2022: $45,647,470Liabilities 2022: $13,009,485Net Assets 2022: $32,637,9852022Assets 2023: $47,427,777Liabilities 2023: $12,727,101Net Assets 2023: $34,700,6762023Assets 2024: $48,566,960Liabilities 2024: $12,201,864Net Assets 2024: $36,365,0962024

Highlighted filing

2013

Assets$38,398,749
Liabilities$7,842,527
Net Assets$30,556,222

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,367,653Expenses 2011: $6,409,562Net Income 2011: -$41,9092011Revenue 2012: $6,463,498Expenses 2012: $6,058,243Net Income 2012: $405,2552012Revenue 2013: $6,519,255Expenses 2013: $6,282,514Net Income 2013: $236,7412013Revenue 2014: $6,681,973Expenses 2014: $5,953,849Net Income 2014: $728,1242014Revenue 2015: $6,510,314Expenses 2015: $6,057,008Net Income 2015: $453,3062015Revenue 2016: $6,180,749Expenses 2016: $6,062,271Net Income 2016: $118,4782016Revenue 2017: $6,354,576Expenses 2017: $6,171,604Net Income 2017: $182,9722017Revenue 2018: $6,844,021Expenses 2018: $6,807,681Net Income 2018: $36,3402018Revenue 2019: $6,532,635Expenses 2019: $6,932,796Net Income 2019: -$400,1612019Revenue 2020: $6,893,252Expenses 2020: $6,948,210Net Income 2020: -$54,9582020Revenue 2021: $8,251,750Expenses 2021: $7,673,854Net Income 2021: $577,8962021Revenue 2022: $8,600,278Expenses 2022: $8,166,758Net Income 2022: $433,5202022Revenue 2023: $11,084,282Expenses 2023: $9,021,591Net Income 2023: $2,062,6912023Revenue 2024: $10,959,756Expenses 2024: $9,295,336Net Income 2024: $1,664,4202024

Highlighted filing

2013

Revenue$6,519,255
Expenses$6,282,514
Net Income$236,741
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 12, 2014
Return Version
2013v3.1
Gross Receipts
$7,932,314
Mission and Program Overview

Mission

The Organization is dedicated to providing its members and their guests a premier golf experience with world class golf course conditions on a daily basis complimented with a staff committed to exemplary services offered in a genuine and comfortable atmosphere.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$30,319,481$30,556,222▲ $236,741
Land, Buildings, and Equipment, Net$21,446,981$21,059,759▼ $387,222
Intangible Assets$12,852,955$12,838,375▼ $14,580
Accounts Receivable$1,899,400$1,993,861▲ $94,461
Savings and Temporary Cash Investments$1,451,179$1,684,789▲ $233,610
Inventories for Sale or Use$278,035$325,942▲ $47,907
Cash and Non-Interest-Bearing Accounts$220,985$305,024▲ $84,039
Prepaid Expenses and Deferred Charges$363,437$180,759▼ $182,678
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Total Assets$38,520,712$38,398,749▼ $121,963
Other Assets Total$7,740$10,240▲ $2,500
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,879,941$5,623,926▼ $256,015
Deferred Revenue$1,810,250$1,769,252▼ $40,998
Accounts Payable and Accrued Expenses$511,040$449,349▼ $61,691
Total Liabilities$8,201,231$7,842,527▼ $358,704
Net Assets / Fund Balance
Total Net Assets Fund Balance$30,319,481$30,556,222▲ $236,741
Total Liabilities and Net Assets / Fund Balance$38,520,712$38,398,749▼ $121,963

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,900,167$7,779,414$18,679,581
Land$8,476,225-$8,476,225
Equipment$879,244$2,981,617$3,860,861
Other Land Buildings$804,123$1,705,391$2,509,514
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Phil OwenbyPresidentFT$311,067$311,067
Phil Owenby--$311,067$311,067
Peter Wendt-FT$308,195$308,195
Peter WendtPresident-$308,195$308,195
Stephen Slotterback-FT$131,052$131,052
Michael Gebhard-FT$123,611$123,611

Board Members and Trustees

NameTitle
Grant S GraysonDirector
John B Jung JrDirector
William C Breed IVDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Innovative Management GroupConsulting services-$201,364
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,272,377
Investment Income
$7,032
Other Revenue
$1,239,846
Change in Net Assets
$236,741
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,696,055
Salaries, Compensation, and Employee Benefits$2,586,459
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,421,933
Depreciation Depletion---$1,090,325
Current Officers, Directors, Trustees, and Key Employees---$873,925
All Other Expenses---$619,247
Insurance---$249,606
Interest---$249,404
Payroll Taxes---$220,169
Other Expenses---$127,881
Office Expenses---$79,783
Other Employee Benefits---$70,432
Fees for Services Legal---$23,121
Fees for Services Other---$14,000
Fees for Services Accounting---$8,444
Advertising---$1,719
Total Functional Expenses$0$0$0$6,282,514
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The Organization is a non-stock corporation. Equity is represented by membership interests.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

During annual membership meetings, the entire voting membership will vote on items that require membership approval and also vote to elect the board of directors.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The board of directors is the governing body and will vote on matters regarding daily operations. However, there may be some matters that require the approval of the membership.

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is reviewed during the process of signing and filing the return.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents are available to the public.

Filing and Contact Details

Filer

EIN
54-1951067

Signing Officer

Name
Phil Owenby
Title
President
Signed
2014-05-12
Discuss with paid preparer
Yes

Organization Details

Formed
1999
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
3
Employees
153

Preparer

Preparer
Henry R Hortenstine III CPA
Phone
8045940450
Raw XML Appendix384 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/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0363437
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0180759
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05272377
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05272377
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02906
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03577128
IRS990/PYOtherRevenueAmt01040751
IRS990/PYProgramServiceRevenueAmt05419841
IRS990/PYRevenuesLessExpensesAmt0405255
IRS990/PYSalariesCompEmpBnftPaidAmt02481115
IRS990/PYTotalExpensesAmt06058243
IRS990/PYTotalRevenueAmt06463498
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0236741
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt030319481
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt030556222
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01451179
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01684789
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt010900167
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07779414
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018679581
IRS990ScheduleD/EquipmentGrp/BookValueAmt0879244
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02981617
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03860861
IRS990ScheduleD/LandGrp/BookValueAmt08476225
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08476225
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0804123
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01705391
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02509514
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021059759
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0308195
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1311067
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Peter Wendt
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Phil Owenby
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0308195
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1311067
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization is a non-stock corporation. Equity is represented by membership interests.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1During annual membership meetings, the entire voting membership will vote on items that require membership approval and also vote to elect the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board of directors is the governing body and will vote on matters regarding daily operations. However, there may be some matters that require the approval of the membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The form 990 is reviewed during the process of signing and filing the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents are available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt038520712
IRS990/TotalAssetsEOYAmt038398749
IRS990/TotalAssetsGrp/BOYAmt038520712
IRS990/TotalAssetsGrp/EOYAmt038398749
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt0153
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt06282514
IRS990/TotalGrossUBIAmt03938
IRS990/TotalLiabilitiesBOYAmt08201231
IRS990/TotalLiabilitiesEOYAmt07842527
IRS990/TotalLiabilitiesGrp/BOYAmt08201231
IRS990/TotalLiabilitiesGrp/EOYAmt07842527
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt030319481
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt030556222
IRS990/TotalProgramServiceRevenueAmt05272377
IRS990/TotalReportableCompFromOrgAmt0873925
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06515317
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06519255
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt03938
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt038520712
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt038398749
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Phil Owenby
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10Kinloch Golf Association
ReturnHeader/Filer/BusinessNameControlTxt0KINL
ReturnHeader/Filer/EIN0541951067
ReturnHeader/Filer/USAddress/AddressLine10100 Kinloch Lane
ReturnHeader/Filer/USAddress/City0ManakinSabot
ReturnHeader/Filer/USAddress/State0VA
ReturnHeader/Filer/USAddress/ZIPCode023103
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Henry R Hortenstine III CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10808 Moorefield Park Drive Suite 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Richmond
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode023236
ReturnHeader/PreparerPersonGrp/PhoneNum08045940450
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Henry R Hortenstine III CPA
ReturnHeader/ReturnTs02014-05-12T08:47:27-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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.$48.6$12.2$36.4$11.0$9.30$1.66
2023Detailed filing. Detailed filing data is available for this year.$47.4$12.7$34.7$11.1$9.02$2.06
2022Detailed filing. Detailed filing data is available for this year.$45.6$13.0$32.6$8.60$8.17$0.43
2021Detailed filing. Detailed filing data is available for this year.$45.3$13.1$32.2$8.25$7.67$0.58
2020Detailed filing. Detailed filing data is available for this year.$44.6$13.0$31.6$6.89$6.95$0.05
2019Detailed filing. Detailed filing data is available for this year.$44.2$12.5$31.7$6.53$6.93$0.40
2018Detailed filing. Detailed filing data is available for this year.$39.7$7.63$32.1$6.84$6.81$0.04
2017Detailed filing. Detailed filing data is available for this year.$40.1$8.02$32.0$6.35$6.17$0.18
2016Detailed filing. Detailed filing data is available for this year.$40.3$8.45$31.9$6.18$6.06$0.12
2015Detailed filing. Detailed filing data is available for this year.$40.9$9.18$31.7$6.51$6.06$0.45
2014Detailed filing. Detailed filing data is available for this year.$38.6$7.32$31.3$6.68$5.95$0.73
2013Detailed filing. Detailed filing data is available for this year.$38.4$7.84$30.6$6.52$6.28$0.24
2012Summary only. Only limited summary data is available for this year.$38.5$8.20$30.3$6.46$6.06$0.41
2011Summary only. Only limited summary data is available for this year.$38.5$8.55$29.9$6.37$6.41$0.04