Civic Intelligence

The Surf Club Incorporated

990 • Fiscal year 2016 • EIN 56-0421616

Dec 01, 2015 to Nov 30, 2016 • Filed on Feb 14, 2017

Organization ProfileWWW.SURFCLUBNC.COM
Post Office Box 438Wrightsville Beach, NC 28480

(910) 256-2496

Siviq Scores

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

Liabilities / Assets

24th percentile

0.17x

Higher debt load relative to assets than 24% of similar nonprofits.

2016 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

43rd percentile

0.56x

Higher debt load relative to revenue than 43% of similar nonprofits.

2016 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2016

Net Margin

89th percentile

14%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

85th percentile

$207,115

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2016 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2016

Asset Growth

80th percentile

6.3%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

13th percentile

-7.2%

Faster revenue growth than 13% of similar nonprofits.

2016 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$8,202,658

Up $489,470 (+6.3%) from 2015

Net Assets

Up

$6,806,528

Up $393,945 (+6.1%) from 2015

Liabilities

Up

$1,396,130

Up $95,525 (+7.3%) from 2015

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin89th percentile

Revenue

Down

$2,472,632

Down $190,885 (-7.2%) from 2015

Expenses

Up

$2,118,593

Up $119,278 (+6.0%) from 2015

Net Income

Down

$354,039

Down $310,163 (-47%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$15M$10M$5.0M$0Assets 2011: $4,679,845Liabilities 2011: $233,168Net Assets 2011: $4,446,6772011Assets 2012: $5,055,174Liabilities 2012: $251,536Net Assets 2012: $4,803,6382012Assets 2013: $5,472,140Liabilities 2013: $230,305Net Assets 2013: $5,241,8352013Assets 2014: $6,949,231Liabilities 2014: $1,191,415Net Assets 2014: $5,757,8162014Assets 2015: $7,713,188Liabilities 2015: $1,300,605Net Assets 2015: $6,412,5832015Assets 2016: $8,202,658Liabilities 2016: $1,396,130Net Assets 2016: $6,806,5282016Assets 2017: $7,650,274Liabilities 2017: $253,758Net Assets 2017: $7,396,5162017Assets 2018: $8,164,384Liabilities 2018: $463,285Net Assets 2018: $7,701,0992018Assets 2019: $8,747,503Liabilities 2019: $325,215Net Assets 2019: $8,422,2882019Assets 2020: $9,175,155Liabilities 2020: $305,884Net Assets 2020: $8,869,2712020Assets 2021: $10,487,188Liabilities 2021: $327,593Net Assets 2021: $10,159,5952021Assets 2022: $10,545,345Liabilities 2022: $390,925Net Assets 2022: $10,154,4202022Assets 2023: $10,873,699Liabilities 2023: $297,787Net Assets 2023: $10,575,9122023Assets 2024: $12,218,669Liabilities 2024: $427,040Net Assets 2024: $11,791,6292024

Highlighted filing

2016

Assets$8,202,658
Liabilities$1,396,130
Net Assets$6,806,528
Open 2016 Filing

Operations Trend

Revenue Growth13th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,158,709Expenses 2011: $1,655,788Net Income 2011: $502,9212011Revenue 2012: $2,101,824Expenses 2012: $1,744,863Net Income 2012: $356,9612012Expenses 2013: $1,826,8722013Revenue 2014: $2,376,666Expenses 2014: $1,869,202Net Income 2014: $507,4642014Revenue 2015: $2,663,517Expenses 2015: $1,999,315Net Income 2015: $664,2022015Revenue 2016: $2,472,632Expenses 2016: $2,118,593Net Income 2016: $354,0392016Revenue 2017: $2,505,619Expenses 2017: $2,215,527Net Income 2017: $290,0922017Revenue 2018: $3,197,062Expenses 2018: $2,381,338Net Income 2018: $815,7242018Revenue 2019: $2,970,311Expenses 2019: $2,387,312Net Income 2019: $582,9992019Revenue 2020: $2,666,184Expenses 2020: $2,326,213Net Income 2020: $339,9712020Revenue 2021: $3,481,235Expenses 2021: $2,530,641Net Income 2021: $950,5942021Revenue 2022: $3,570,201Expenses 2022: $2,834,365Net Income 2022: $735,8362022Revenue 2023: $2,853,533Expenses 2023: $2,884,179Net Income 2023: -$30,6462023Revenue 2024: $3,587,065Expenses 2024: $3,177,571Net Income 2024: $409,4942024

Highlighted filing

2016

Revenue$2,472,632
Expenses$2,118,593
Net Income$354,039
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2015 to Nov 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$2,914,768
Mission and Program Overview

Mission

To provide social, dining, and entertainment activities for its membership.

SOCIAL CLUB

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,135,018$3,242,540▲ $1,107,522
Land, Buildings, and Equipment, Net$2,727,661$2,906,826▲ $179,165
Accounts Receivable$1,253,892$1,257,660▲ $3,768
Savings and Temporary Cash Investments$1,212,559$576,697▼ $635,862
Inventories for Sale or Use$105,098$116,879▲ $11,781
Prepaid Expenses and Deferred Charges$49,214$51,603▲ $2,389
Cash and Non-Interest-Bearing Accounts$194,746$30,453▼ $164,293
Total Assets$7,713,188$8,202,658▲ $489,470
Other Assets Total$35,000$20,000▼ $15,000
Liabilities
Deferred Revenue$1,047,175$1,110,605▲ $63,430
Accounts Payable and Accrued Expenses$253,430$240,449▼ $12,981
Other Liabilities$0$45,076▲ $45,076
Total Liabilities$1,300,605$1,396,130▲ $95,525
Net Assets / Fund Balance
Unrestricted Net Assets$6,412,583$6,806,528▲ $393,945
Total Net Assets Fund Balance$6,412,583$6,806,528▲ $393,945
Total Liabilities and Net Assets / Fund Balance$7,713,188$8,202,658▲ $489,470

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,055,223$1,825,204$3,880,427
Equipment$494,748$1,090,135$1,584,883
Other Land Buildings$348,085$113,671$461,756
Land$8,770-$8,770
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keith LogarGeneral ManagerFT$151,437$55,678$207,115

Board Members and Trustees

NameTitle
Raiford Trask IiiPast President
Clinton North IiiPresident
Bruce a Chappell JrVice President
A Jeff EarpDirector
Christopher N ReidDirector
F Maston White JrDirector
John M Tetterton JrDirector
Louis a Burney JrDirector
Paul BurtonDirector
R Allen RippySecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,356,345
Investment Income
$198,764
Other Revenue
$917,523
Change in Net Assets
$354,039

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,914,768
Revenue Not Reported on Financial Statements
$-442,136
Revenue Not Reported on Form 990
$39,906
Other Revenue Adjustments
$-442,136
Total Revenue per Audited Statements
$2,954,674
Total Revenue per Form 990
$2,472,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,235,956
Other Expenses$882,637
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$814,692
Depreciation Depletion---$277,597
Current Officers, Directors, Trustees, and Key Employees---$195,804
All Other Expenses---$155,620
Insurance---$128,467
Other Employee Benefits---$119,550
Payroll Taxes---$84,310
Other Expenses---$54,405
Office Expenses---$33,569
Pension Plan Contributions---$21,600
Fees for Services Accounting---$14,500
Fees for Services Other---$8,201
Travel---$8,067
Information Technology---$936
Total Functional Expenses$0$0$0$2,118,593

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,560,729
Expenses per Audited Statements$2,118,593
Total Expenses per Form 990$2,118,593
Expenses Not Reported on Form 990$442,136
Expenses Not Reported on Financial Statements$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
State Income Taxes$4,779
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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 members only. There are no stockholders.”

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

“The membership elects the board of governors annually.”

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

“The membership must approve constitutional and by-law changes.”

Form 990, Part VI, Section B, Line 11

“The 990 form is reviewed by the club manager and the club secretary/treasurer before filing.”

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

“Each director lists business interests to determine if there is any conflict.”

Form 990, Part VI, Section B, Line 15

“The club president reviews and evaluates the performance of the general manager, in conjunction with other board members, and makes the determination of any wage increase and/or other bonuses, based upon specified criteria.”

Form 990, Part VI, Section C, Line 19

“Documents are available, upon request, in the club's office.”

Filing and Contact Details

Filer

Filer Name
The Surf Club Inc
EIN
56-0421616
Phone
9102562496
Address
POST OFFICE BOX 438, WRIGHTSVILLE BEACH, NC 28480

Signing Officer

Name
R Allen Rippy
Title
Secretary/treasurer
Phone
9102562496
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clinton North Iii
Formed
1941
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
75
Volunteers
0

Preparer

Firm
Rsm US Llp
Address
300 NORTH 3RD STREET FIFTH FLOOR, WILMINGTON, NC 28401
Preparer
Hc Craft Iii CPA
Phone
9107629671
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Fin 48 footnote: in the opinion of management, any liability resulting from taxing authorities imposing income taxes on the net taxable income from activities deemed to be unrelated to the club's non-taxable status is not expected to have a material effect on the club's financial position or results from operations. With few exceptions, the club is no longer subject to u.s. Federal, state or local income tax examinations by tax authorities for the years before 2012.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“COST OF SALES -442,136.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“COST OF SALES 442,136.”

Raw XML AppendixShowing 400 of 424 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/OtherExpensesGrp/Desc0UBTI INCOME TAX
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2TAXES AND LICENSES
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/TotalAmt055676
IRS990/OtherExpensesGrp/TotalAmt186423
IRS990/OtherExpensesGrp/TotalAmt259176
IRS990/OtherExpensesGrp/TotalAmt354405
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt045076
IRS990/OtherSalariesAndWagesGrp/TotalAmt0814692
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt084310
IRS990/PensionPlanContributionsGrp/TotalAmt021600
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049214
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt051603
IRS990/PrincipalOfficerNm0CLINTON NORTH III
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01270030
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt186315
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01270030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt186315
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt031156
IRS990/PYOtherExpensesAmt0825678
IRS990/PYOtherRevenueAmt0990084
IRS990/PYProgramServiceRevenueAmt01642277
IRS990/PYRevenuesLessExpensesAmt0664202
IRS990/PYSalariesCompEmpBnftPaidAmt01173637
IRS990/PYTotalExpensesAmt01999315
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02663517
IRS990/ReconcilationRevenueExpnssAmt0354039
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02163992
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01212559
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0576697
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02055223
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01825204
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03880427
IRS990ScheduleD/EquipmentGrp/BookValueAmt0494748
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01090135
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01584883
IRS990ScheduleD/ExpensesNotReportedAmt0442136
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02118593
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt040297
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt08770
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08770
IRS990ScheduleD/NetUnrealizedGainsInvstAmt039906
IRS990ScheduleD/OtherExpensesIncludedAmt0442136
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0348085
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0113671
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0461756
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04779
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STATE INCOME TAXES
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-442136
IRS990ScheduleD/RevenueNotReportedAmt039906
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-442136
IRS990ScheduleD/RevenueSubtotalAmt02914768
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 FOOTNOTE: IN THE OPINION OF MANAGEMENT, ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES ON THE NET TAXABLE INCOME FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE CLUB'S NON-TAXABLE STATUS IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CLUB'S FINANCIAL POSITION OR RESULTS FROM OPERATIONS. WITH FEW EXCEPTIONS, THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE 2012.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF SALES -442,136.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF SALES 442,136.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02906826
IRS990ScheduleD/TotalExpensesPerForm990Amt02118593
IRS990ScheduleD/TotalLiabilityAmt045076
IRS990ScheduleD/TotalRevenuePerForm990Amt02472632
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02954674
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02560729
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0151437
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt040678
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt015000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KEITH LOGAR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0207115
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CLUB HAS MEMBERS ONLY. THERE ARE NO STOCKHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP ELECTS THE BOARD OF GOVERNORS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERSHIP MUST APPROVE CONSTITUTIONAL AND BY-LAW CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 FORM IS REVIEWED BY THE CLUB MANAGER AND THE CLUB SECRETARY/TREASURER BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH DIRECTOR LISTS BUSINESS INTERESTS TO DETERMINE IF THERE IS ANY CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CLUB PRESIDENT REVIEWS AND EVALUATES THE PERFORMANCE OF THE GENERAL MANAGER, IN CONJUNCTION WITH OTHER BOARD MEMBERS, AND MAKES THE DETERMINATION OF ANY WAGE INCREASE AND/OR OTHER BONUSES, BASED UPON SPECIFIED CRITERIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE AVAILABLE, UPON REQUEST, IN THE CLUB'S OFFICE.
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 XI, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07713188
IRS990/TotalAssetsEOYAmt08202658
IRS990/TotalAssetsGrp/BOYAmt07713188
IRS990/TotalAssetsGrp/EOYAmt08202658
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt075
IRS990/TotalFunctionalExpensesGrp/TotalAmt02118593
IRS990/TotalGrossUBIAmt0308640
IRS990/TotalLiabilitiesBOYAmt01300605
IRS990/TotalLiabilitiesEOYAmt01396130
IRS990/TotalLiabilitiesGrp/BOYAmt01300605
IRS990/TotalLiabilitiesGrp/EOYAmt01396130
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06412583
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06806528
IRS990/TotalOtherCompensationAmt040678
IRS990/TotalProgramServiceExpensesAmt02118591
IRS990/TotalProgramServiceRevenueAmt01356345
IRS990/TotalReportableCompFromOrgAmt0166437
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02163992
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02472632
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0308640
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07713188
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08202658
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt08067
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt06412583
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06806528
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0POST OFFICE BOX 438
IRS990/USAddress/CityNm0WRIGHTSVILLE BEACH
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028480
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0HTTP://WWW.SURFCLUBNC.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0R ALLEN RIPPY

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,202,658
Liabilities
$1,396,130
Net assets
$6,806,528
Revenue
$2,472,632
Expenses
$2,118,593
Net income
$354,039
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.2$0.43$11.8$3.59$3.18$0.41
2023Detailed filing. Detailed filing data is available for this year.$10.9$0.30$10.6$2.85$2.88$0.03
2022Detailed filing. Detailed filing data is available for this year.$10.5$0.39$10.2$3.57$2.83$0.74
2021Detailed filing. Detailed filing data is available for this year.$10.5$0.33$10.2$3.48$2.53$0.95
2020Detailed filing. Detailed filing data is available for this year.$9.18$0.31$8.87$2.67$2.33$0.34
2019Detailed filing. Detailed filing data is available for this year.$8.75$0.33$8.42$2.97$2.39$0.58
2018Detailed filing. Detailed filing data is available for this year.$8.16$0.46$7.70$3.20$2.38$0.82
2017Detailed filing. Detailed filing data is available for this year.$7.65$0.25$7.40$2.51$2.22$0.29
2016Detailed filing. Detailed filing data is available for this year.$8.20$1.40$6.81$2.47$2.12$0.35
2015Detailed filing. Detailed filing data is available for this year.$7.71$1.30$6.41$2.66$2.00$0.66
2014Detailed filing. Detailed filing data is available for this year.$6.95$1.19$5.76$2.38$1.87$0.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.47$0.23$5.24$1.83
2012Summary only. Only limited summary data is available for this year.$5.06$0.25$4.80$2.10$1.74$0.36
2011Summary only. Only limited summary data is available for this year.$4.68$0.23$4.45$2.16$1.66$0.50