Civic Intelligence

Creekside Tennis and Swim Club

990 • Fiscal year 2018 • EIN 57-0524003

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 28, 2019

Refreshing map…

790 Creekside DriveMount Pleasant, SC 29464

(843) 884-6111

Siviq Scores

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

Liabilities / Assets

85th percentile

0.54x

Higher debt load relative to assets than 85% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

78th percentile

0.67x

Higher debt load relative to revenue than 78% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Net Margin

91st percentile

34%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

86th percentile

$750

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Asset Growth

89th percentile

24%

Faster asset growth than 89% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

96th percentile

59%

Faster revenue growth than 96% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$606,475

Up $118,221 (+24%) from 2017

Net Assets

Up

$280,699

Up $164,307 (+141%) from 2017

Liabilities

Down

$325,776

Down $46,086 (-12%) from 2017

Revenue

Up

$489,538

Up $180,746 (+59%) from 2017

Expenses

Up

$325,231

Up $67,769 (+26%) from 2017

Net Income

Up

$164,307

Up $112,977 (+220%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $335,833Liabilities 2011: $400,459Net Assets 2011: -$64,6262011Assets 2012: $331,881Liabilities 2012: $384,745Net Assets 2012: -$52,8642012Assets 2013: $316,394Liabilities 2013: $364,832Net Assets 2013: -$48,4382013Assets 2014: $334,383Liabilities 2014: $332,583Net Assets 2014: $1,8002014Assets 2015: $362,098Liabilities 2015: $305,663Net Assets 2015: $56,4352015Assets 2016: $357,081Liabilities 2016: $292,019Net Assets 2016: $65,0622016Assets 2017: $488,254Liabilities 2017: $371,862Net Assets 2017: $116,3922017Assets 2018: $606,475Liabilities 2018: $325,776Net Assets 2018: $280,6992018Assets 2019: $745,341Liabilities 2019: $323,502Net Assets 2019: $421,8392019Assets 2020: $859,658Liabilities 2020: $262,106Net Assets 2020: $597,5522020Assets 2021: $1,085,338Liabilities 2021: $430,937Net Assets 2021: $654,4012021Assets 2022: $1,351,260Liabilities 2022: $444,953Net Assets 2022: $906,3072022Assets 2023: $1,633,939Liabilities 2023: $463,755Net Assets 2023: $1,170,1842023Assets 2024: $2,083,543Liabilities 2024: $537,613Net Assets 2024: $1,545,9302024

Highlighted filing

2018

Assets$606,475
Liabilities$325,776
Net Assets$280,699

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2011: $213,623Expenses 2011: $192,530Net Income 2011: $21,0932011Revenue 2012: $210,568Expenses 2012: $198,806Net Income 2012: $11,7622012Revenue 2013: $184,526Expenses 2013: $180,100Net Income 2013: $4,4262013Revenue 2014: $206,908Expenses 2014: $162,390Net Income 2014: $44,5182014Revenue 2015: $259,828Expenses 2015: $205,193Net Income 2015: $54,6352015Revenue 2016: $236,291Expenses 2016: $227,664Net Income 2016: $8,6272016Revenue 2017: $308,792Expenses 2017: $257,462Net Income 2017: $51,3302017Revenue 2018: $489,538Expenses 2018: $325,231Net Income 2018: $164,3072018Revenue 2019: $509,838Expenses 2019: $368,698Net Income 2019: $141,1402019Revenue 2020: $425,109Expenses 2020: $249,396Net Income 2020: $175,7132020Revenue 2021: $443,714Expenses 2021: $389,435Net Income 2021: $54,2792021Revenue 2022: $738,950Expenses 2022: $487,044Net Income 2022: $251,9062022Revenue 2023: $986,617Expenses 2023: $722,740Net Income 2023: $263,8772023Revenue 2024: $1,800,214Expenses 2024: $1,424,467Net Income 2024: $375,7472024

Highlighted filing

2018

Revenue$489,538
Expenses$325,231
Net Income$164,307
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 28, 2019
Return Version
2018v3.1
Gross Receipts
$489,538
Mission and Program Overview

Mission

Providing Tennis and Swim Facilities and Lessons for Members and their Guests.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$209,379$278,562▲ $69,183
Land, Buildings, and Equipment, Net$271,848$263,916▼ $7,932
Rtn Earn Endowment Incm Other Fnds$15,992$180,299▲ $164,307
Pd in Cap Srpls Land Bldg Eqp Fund$100,400$100,400→ $0
Savings and Temporary Cash Investments-$57,679-
Intangible Assets$7,027$6,318▼ $709
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$488,254$606,475▲ $118,221
Liabilities
Mortgage Notes Payable Secured by Investment Property$349,000$321,153▼ $27,847
Deferred Revenue$19,712--
Accounts Payable and Accrued Expenses$3,150$4,623▲ $1,473
Total Liabilities$371,862$325,776▼ $46,086
Net Assets / Fund Balance
Total Net Assets Fund Balance$116,392$280,699▲ $164,307
Total Liabilities and Net Assets / Fund Balance$488,254$606,475▲ $118,221

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$142,839$250,963-
Other Land Buildings$29,077--
Land$92,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sean RiceTreasurerPT$750$750

Board Members and Trustees

NameTitle
Michael HughesPresident
Robert KlomparensVice President
Meghan RowlandSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$489,538
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$164,307
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$223,278
Salaries, Compensation, and Employee Benefits$101,953
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$166,588$0$0$166,588
Other Salaries and Wages$94,437$0$0$94,437
Interest$16,286$0$0$16,286
Other Expenses$12,935$0$0$12,935
Depreciation Depletion$8,641$0$0$8,641
Payroll Taxes$7,516$0$0$7,516
Fees for Services Accounting$4,010$0$0$4,010
Total Functional Expenses$325,231$0$0$325,231
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Creekside Tennis and Swim Club
EIN
57-0524003
Phone
8438846111
Address
790 Creekside Drive, Mount Pleasant, SC 29464

Signing Officer

Name
Sean Rice
Title
Treasurer
Phone
8438846111
Signed
2019-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Hughes
Formed
1969
Legal Domicile
Sc
Voting Board Members
4
Independent Board Members
4
Employees
23
Volunteers
10

Preparer

Firm
Rice Advisory LLC
Address
723 Angus Court, Mount Pleasant, SC 29464
Preparer
Sean Rice
Phone
2404054504
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Classes of membership are related to level of facility usage (swim only,tennis only, or both), members of household (individual or family).

Pt VI, Line 7A

Members of the governing body are elected by the membership at theannual meeting.

Pt VI, Line 7B

Capital assessments are subject to membership approval.

Pt VI, Line 11B

Form 990 is reviewed by the governing body and is publicly availableupon request.

Pt VI, Line 12C

Activities of the organization are made known to all members of thegoverning body and updated at regularly scheduled meetings.

Pt VI, Line 19

Governing documents, conflict of interest policy, and financialstatements are made available upon request.

Raw XML Appendix341 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASSES OF MEMBERSHIP ARE RELATED TO LEVEL OF FACILITY USAGE (SWIM ONLY,TENNIS ONLY, OR BOTH), MEMBERS OF HOUSEHOLD (INDIVIDUAL OR FAMILY).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE GOVERNING BODY ARE ELECTED BY THE MEMBERSHIP AT THEANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CAPITAL ASSESSMENTS ARE SUBJECT TO MEMBERSHIP APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE GOVERNING BODY AND IS PUBLICLY AVAILABLEUPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITIES OF THE ORGANIZATION ARE MADE KNOWN TO ALL MEMBERS OF THEGOVERNING BODY AND UPDATED AT REGULARLY SCHEDULED MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIALSTATEMENTS ARE MADE AVAILABLE UPON REQUEST.
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IRS990/TotalLiabilitiesGrp/EOYAmt0325776
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0116392
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0280699
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0489538
IRS990/TotalReportableCompFromOrgAmt0750
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0489538
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0489538
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0488254
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0606475
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0790 Creekside Drive
IRS990/USAddress/CityNm0Mount Pleasant
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029464
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.creekside-club.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Sean Rice
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08438846111
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Creekside Tennis and Swim Club
ReturnHeader/Filer/BusinessNameControlTxt0CREE
ReturnHeader/Filer/EIN0570524003
ReturnHeader/Filer/PhoneNum08438846111
ReturnHeader/Filer/USAddress/AddressLine1Txt0790 Creekside Drive
ReturnHeader/Filer/USAddress/CityNm0Mount Pleasant
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029464
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId019F6F7B2A982F86D534633B4A9D18F984A2D9287
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId019F6F7B2A982F86D534633B4A9D18F984A2D9287
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.76.193.18
ReturnHeader/FilingSecurityInformation/IPDt02019-03-28
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm008:28:37
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rice Advisory LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0723 Angus Court
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mount Pleasant
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029464
ReturnHeader/PreparerPersonGrp/PhoneNum02404054504
ReturnHeader/PreparerPersonGrp/PreparationDt02019-03-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sean Rice
ReturnHeader/ReturnTs02019-03-28T08:28:49-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.54$1.55$1.80$1.42$0.38
2023Detailed filing. Detailed filing data is available for this year.$1.63$0.46$1.17$0.99$0.72$0.26
2022Detailed filing. Detailed filing data is available for this year.$1.35$0.44$0.91$0.74$0.49$0.25
2021Detailed filing. Detailed filing data is available for this year.$1.09$0.43$0.65$0.44$0.39$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.26$0.60$0.43$0.25$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.75$0.32$0.42$0.51$0.37$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.61$0.33$0.28$0.49$0.33$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.49$0.37$0.12$0.31$0.26$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.29$0.07$0.24$0.23$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.31$0.06$0.26$0.21$0.05
2014Summary only. Only limited summary data is available for this year.$0.33$0.33$0.00$0.21$0.16$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.32$0.36$0.05$0.18$0.18$0.00
2012Summary only. Only limited summary data is available for this year.$0.33$0.38$0.05$0.21$0.20$0.01
2011Summary only. Only limited summary data is available for this year.$0.34$0.40$0.06$0.21$0.19$0.02