Civic Intelligence

Oldfield Club

990 • Fiscal year 2016 • EIN 57-1110582

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

Organization ProfileWWW.OLDFIELD1732.COM
130 Oldfield WayOkatie, SC 29009

(843) 645-4600

Siviq Scores

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

Liabilities / Assets

31st percentile

0.24x

Higher debt load relative to assets than 31% of similar nonprofits.

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

Liabilities / Revenue

26th percentile

0.31x

Higher debt load relative to revenue than 26% of similar nonprofits.

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

Net Margin

9th percentile

-12%

Higher net margin than 9% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$240,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

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

Asset Growth

1st percentile

-19%

Faster asset growth than 1% of similar nonprofits.

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

Revenue Growth

2nd percentile

-53%

Faster revenue growth than 2% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets31st percentile

Assets

Down

$5,530,553

Down $1,336,949 (-19%) from 2015

Net Assets

Down

$4,188,040

Down $1,356,513 (-24%) from 2015

Liabilities

Up

$1,342,513

Up $19,564 (+1.5%) from 2015

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin9th percentile

Revenue

Down

$4,352,764

Down $4,880,868 (-53%) from 2015

Expenses

Up

$4,883,199

Up $369,898 (+8.2%) from 2015

Net Income

Down

-$530,435

Down $5,250,766 (-111%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$20M$15M$10M$5.0M$0Assets 2013: $2,179,416Liabilities 2013: $1,188,404Net Assets 2013: $991,0122013Assets 2014: $1,966,834Liabilities 2014: $1,142,612Net Assets 2014: $824,2222014Assets 2015: $6,867,502Liabilities 2015: $1,322,949Net Assets 2015: $5,544,5532015Assets 2016: $5,530,553Liabilities 2016: $1,342,513Net Assets 2016: $4,188,0402016Assets 2017: $5,962,566Liabilities 2017: $1,946,730Net Assets 2017: $4,015,8362017Assets 2018: $6,785,536Liabilities 2018: $2,046,678Net Assets 2018: $4,738,8582018Assets 2019: $7,741,529Liabilities 2019: $2,439,202Net Assets 2019: $5,302,3272019Assets 2020: $8,599,555Liabilities 2020: $2,338,876Net Assets 2020: $6,260,6792020Assets 2021: $11,156,902Liabilities 2021: $2,529,194Net Assets 2021: $8,627,7082021Assets 2022: $11,521,694Liabilities 2022: $2,344,995Net Assets 2022: $9,176,6992022Assets 2023: $13,242,175Liabilities 2023: $3,003,622Net Assets 2023: $10,238,5532023Assets 2024: $15,015,379Liabilities 2024: $3,471,934Net Assets 2024: $11,543,4452024

Highlighted filing

2016

Assets$5,530,553
Liabilities$1,342,513
Net Assets$4,188,040
Open 2016 Filing

Operations Trend

Revenue Growth2nd percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2013: $4,118,938Expenses 2013: $4,071,891Net Income 2013: $47,0472013Revenue 2014: $4,309,946Expenses 2014: $4,376,514Net Income 2014: -$66,5682014Revenue 2015: $9,233,632Expenses 2015: $4,513,301Net Income 2015: $4,720,3312015Revenue 2016: $4,352,764Expenses 2016: $4,883,199Net Income 2016: -$530,4352016Revenue 2017: $5,180,712Expenses 2017: $5,352,916Net Income 2017: -$172,2042017Revenue 2018: $5,910,022Expenses 2018: $5,187,000Net Income 2018: $723,0222018Revenue 2019: $6,427,029Expenses 2019: $5,863,560Net Income 2019: $563,4692019Revenue 2020: $6,120,374Expenses 2020: $5,162,022Net Income 2020: $958,3522020Revenue 2021: $7,833,609Expenses 2021: $5,466,580Net Income 2021: $2,367,0292021Revenue 2022: $8,430,348Expenses 2022: $7,881,357Net Income 2022: $548,9912022Revenue 2023: $10,328,396Expenses 2023: $9,266,542Net Income 2023: $1,061,8542023Revenue 2024: $11,388,919Expenses 2024: $10,084,027Net Income 2024: $1,304,8922024

Highlighted filing

2016

Revenue$4,352,764
Expenses$4,883,199
Net Income-$530,435
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$4,808,761
Mission and Program Overview

Mission

Oldfield club operates as a social club for its members. The club is located in the oldfield community in okatie, south carolina. Club membership is open to all community residents as well as non-residents.

Oldfield club was formed as a recreational club for its members and guests. It operates a club house, tennis courts, golf course and other outdoor recreational and social facilities for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,730,705$4,571,245▼ $1,159,460
Rtn Earn Endowment Incm Other Fnds$5,544,553$4,188,040▼ $1,356,513
Accounts Receivable$828,086$671,832▼ $156,254
Inventories for Sale or Use$146,010$128,145▼ $17,865
Cash and Non-Interest-Bearing Accounts$104,535$112,797▲ $8,262
Prepaid Expenses and Deferred Charges$48,518$36,886▼ $11,632
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$6,867,502$5,530,553▼ $1,336,949
Other Assets Total$9,648$9,648→ $0
Liabilities
Deferred Revenue$564,760$585,897▲ $21,137
Accounts Payable and Accrued Expenses$519,794$575,129▲ $55,335
Unsecured Notes Loans Payable$180,328$137,179▼ $43,149
Other Liabilities$58,067$44,308▼ $13,759
Total Liabilities$1,322,949$1,342,513▲ $19,564
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,544,553$4,188,040▼ $1,356,513
Total Liabilities and Net Assets / Fund Balance$6,867,502$5,530,553▼ $1,336,949

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,468,922$416,669-
Other Land Buildings$109,133$133,028-
Land$867,356--
Equipment$125,834$367,920-
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jamie SelbyFormer General ManagerFT$240,000-$240,000
David DruryGeneral ManagerFT$29,500$5,149$34,649

Board Members and Trustees

NameTitle
Chan HardwickPresident
Bill HamiltonVice President
Fred ChurchDirector
Lisa SmithDirector
Phillip GalbreathDirector
Rich SebastianDirector
Steve MassasSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,792,430
Investment Income
$0
Other Revenue
$560,334
Change in Net Assets
$-530,435

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,352,764
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$607,993
Total Revenue per Audited Statements
$4,960,757
Total Revenue per Form 990
$4,352,764
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,604,470
Salaries, Compensation, and Employee Benefits$2,278,729
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,944,920
Occupancy---$1,238,999
Depreciation Depletion---$401,181
Insurance---$209,775
Payroll Taxes---$159,883
Other Employee Benefits---$139,277
Fees for Services Legal---$120,561
Office Expenses---$114,491
Travel---$53,145
Advertising---$42,923
Current Officers, Directors, Trustees, and Key Employees---$34,649
Interest---$8,379
Fees for Services Management---$5,416
Other Expenses---$2,991
Total Functional Expenses$0$0$0$4,883,199

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,491,192
Expenses per Audited Statements$4,883,199
Total Expenses per Form 990$4,883,199
Expenses Not Reported on Form 990$607,993
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
Customer Deposits$29,308
Membership Deposits$15,000
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
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“As is custom with these facilities, management duties were performed by a third party management company, hampton golf. During 2016 the club terminated it's management arrangement with hampton golf and became self managed.”

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

“All club members vote to elect the persons who serve on the board of directors.”

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 is provided to all board members for review prior to filing. In addition a copy of the form 990 is provided to general manager for review.”

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

“Prior to the transfer of the property and management, the club board was controlled by the developer. As was disclosed in the application for non profit the developers control of the board was for protective puposes and was limited in duration. Now that the club is governed by the property owners, conflict of interest is annualy monitored beginning in february 2017.”

Form 990, Part VI, Section B, Line 15

“There is an hr commitee that along with executive committee, is responsible for evaluating the officers or key employees and reviewing their salary and benefits. No change in executive director or other executive staff compensation can be authorized without approval of board.”

Form 990, Part VI, Section C, Line 19

“These documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Oldfield Club
EIN
57-1110582
Phone
8436454600
Address
130 OLDFIELD WAY, OKATIE, SC 29009

Signing Officer

Name
Chan Hardwick
Title
President
Phone
8436454600
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chan Hardwick
Formed
2000
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
7
Employees
83
Volunteers
0

Preparer

Firm
Carr Riggs & Ingram LLC
Address
5909 PEACHTREE DUNWOODY RD SUITE, 800, ATLANTA, GA 30328
Preparer
Jeffrey G Olson
Phone
7702611900
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed.”

Form 990, Part XI, Line 8

“Prior period adjustment - in 2015 pursuant to contract, land, real property and real property improvements were transfered from the developer to the club. Subsequent to the filing of the 2015 form 990 a correction was made to the estimated fair market value of the contributed land, real property and real property improvements reported on the 2015 form 990.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 468,926. Rent payments to members 139,067.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 468,926. Rent payments to members 139,067.”

Raw XML AppendixShowing 400 of 448 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0519794
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0575129
IRS990/AccountsReceivableGrp/BOYAmt0828086
IRS990/AccountsReceivableGrp/EOYAmt0671832
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OLDFIELD CLUB WAS FORMED AS A RECREATIONAL CLUB FOR ITS MEMBERS AND GUESTS. IT OPERATES A CLUB HOUSE, TENNIS COURTS, GOLF COURSE AND OTHER OUTDOOR RECREATIONAL AND SOCIAL FACILITIES FOR ITS MEMBERS.
IRS990/AdvertisingGrp/TotalAmt042923
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHAN HARDWICK
IRS990/BooksInCareOfDetail/PhoneNum08436454600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0130 OLDFIELD WAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0OKATIE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029009
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0104535
IRS990/CashNonInterestBearingGrp/EOYAmt0112797
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt034649
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt0455997
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02604470
IRS990/CYOtherRevenueAmt0560334
IRS990/CYProgramServiceRevenueAmt03792430
IRS990/CYRevenuesLessExpensesAmt0-530435
IRS990/CYSalariesCompEmpBnftPaidAmt02278729
IRS990/CYTotalExpensesAmt04883199
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04352764
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0564760
IRS990/DeferredRevenueGrp/EOYAmt0585897
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/TotalAmt0401181
IRS990/Desc0RECREATION FOR ITS MEMBERS AND GUESTS. GOLF, TENNIS, EQUESTRIAN, SWIMMING, FITNESS AND OTHER OUTDOOR ACTIVITIES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt083
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt04883199
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/TotalAmt0120561
IRS990/FeesForServicesManagementGrp/TotalAmt05416
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0CHAN HARDWICK
IRS990/Form990PartVIISectionAGrp/PersonNm1BILL HAMILTON
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVE MASSAS
IRS990/Form990PartVIISectionAGrp/PersonNm3LISA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4FRED CHURCH
IRS990/Form990PartVIISectionAGrp/PersonNm5RICH SEBASTIAN
IRS990/Form990PartVIISectionAGrp/PersonNm6PHILLIP GALBREATH
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID DRURY
IRS990/Form990PartVIISectionAGrp/PersonNm8JAMIE SELBY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt734649
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8240000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt8FORMER GENERAL MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04808761
IRS990/GrossReceiptsForPublicUseAmt0353351
IRS990/GrossSalesOfInventoryAmt0940520
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InitiationFeesAndCapContriAmt00
IRS990/InsuranceGrp/TotalAmt0209775
IRS990/InterestGrp/TotalAmt08379
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0146010
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0128145
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0917617
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05730705
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04571245
IRS990/LandBldgEquipCostOrOtherBssAmt05488862
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OLDFIELD CLUB OPERATES AS A SOCIAL CLUB FOR ITS MEMBERS. THE CLUB IS LOCATED IN THE OLDFIELD COMMUNITY IN OKATIE, SOUTH CAROLINA. CLUB MEMBERSHIP IS OPEN TO ALL COMMUNITY RESIDENTS AND ALSO NON-RESIDENTS.THE CLUB'S ACTIVITIES ARE RELATED TO OPERATING THE FOLLOWING FACILITIES FOR ITS MEMBERS: GOLF COURSE AND RELATED FACILITIES, TENNIS COURTS, POOL, EXERCISE FACILITIES, EQUESTRIAN CENTER, OUTFITTERS CENTER, DOCKS, PONDS, AND SPORTS CENTERS ALONG WITH RELATED FOOD AND BEVERAGE OPERATIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05544553
IRS990/NetAssetsOrFundBalancesEOYAmt04188040
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0232205
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0484523
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0252318
IRS990/NetUnrelatedBusTxblIncmAmt0-540482
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01238999
IRS990/OfficeExpensesGrp/TotalAmt0114491
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09648
IRS990/OtherAssetsTotalGrp/EOYAmt09648
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0139277
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1BANK EXPENSES
IRS990/OtherExpensesGrp/Desc2OTHER TAXES
IRS990/OtherExpensesGrp/Desc3LICENSES & PERMITS
IRS990/OtherExpensesGrp/TotalAmt0234023
IRS990/OtherExpensesGrp/TotalAmt189921
IRS990/OtherExpensesGrp/TotalAmt282665
IRS990/OtherExpensesGrp/TotalAmt32991
IRS990/OtherLiabilitiesGrp/BOYAmt058067
IRS990/OtherLiabilitiesGrp/EOYAmt044308
IRS990/OtherRevenueMiscGrp/BusinessCd0713910
IRS990/OtherRevenueMiscGrp/Desc0RENTAL SERVICE FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt015162
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt075811
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt060649
IRS990/OtherRevenueTotalAmt075811
IRS990/OtherSalariesAndWagesGrp/TotalAmt01944920
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0159883
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt048518
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036886
IRS990/PrincipalOfficerNm0CHAN HARDWICK
IRS990/PriorPeriodAdjustmentsAmt0-826078
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1713910
IRS990/ProgramServiceRevenueGrp/BusinessCd2713910
IRS990/ProgramServiceRevenueGrp/BusinessCd3713910
IRS990/ProgramServiceRevenueGrp/BusinessCd4713910
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER RECREATION
IRS990/ProgramServiceRevenueGrp/Desc2GOLF OPERATIONS
IRS990/ProgramServiceRevenueGrp/Desc3OUTFITTERS
IRS990/ProgramServiceRevenueGrp/Desc4EQUESTRIAN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02813723
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1171705
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2244591
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3123057
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt486003
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02813723
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1414613
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2329083
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3127507
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4107504
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0242908
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt184492
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt24450
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt321501
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04900000
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06
IRS990/PYOtherExpensesAmt02179953
IRS990/PYOtherRevenueAmt0673598
IRS990/PYProgramServiceRevenueAmt03660028
IRS990/PYRevenuesLessExpensesAmt04720331
IRS990/PYSalariesCompEmpBnftPaidAmt02333348
IRS990/PYTotalExpensesAmt04513301
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09233632
IRS990/ReconcilationRevenueExpnssAmt0-530435
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05544553
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04188040
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03468922
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0416669
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03885591
IRS990ScheduleD/EquipmentGrp/BookValueAmt0125834
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0367920
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0493754
IRS990ScheduleD/ExpensesNotReportedAmt0607993
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04883199
IRS990ScheduleD/LandGrp/BookValueAmt0867356
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0867356
IRS990ScheduleD/OtherExpensesIncludedAmt0607993
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0109133
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0133028
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0242161
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt129308
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERSHIP DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTOMER DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0607993
IRS990ScheduleD/RevenueNotReportedAmt0607993
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04352764
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COST OF GOODS SOLD 468,926. RENT PAYMENTS TO MEMBERS 139,067.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 468,926. RENT PAYMENTS TO MEMBERS 139,067.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04571245
IRS990ScheduleD/TotalExpensesPerForm990Amt04883199
IRS990ScheduleD/TotalLiabilityAmt044308
IRS990ScheduleD/TotalRevenuePerForm990Amt04352764
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04960757
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05491192
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt029500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1240000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt05149
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVID DRURY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JAMIE SELBY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1FORMER GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt034649
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1240000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS IS CUSTOM WITH THESE FACILITIES, MANAGEMENT DUTIES WERE PERFORMED BY A THIRD PARTY MANAGEMENT COMPANY, HAMPTON GOLF. DURING 2016 THE CLUB TERMINATED IT'S MANAGEMENT ARRANGEMENT WITH HAMPTON GOLF AND BECAME SELF MANAGED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL CLUB MEMBERS VOTE TO ELECT THE PERSONS WHO SERVE ON THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. IN ADDITION A COPY OF THE FORM 990 IS PROVIDED TO GENERAL MANAGER FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR TO THE TRANSFER OF THE PROPERTY AND MANAGEMENT, THE CLUB BOARD WAS CONTROLLED BY THE DEVELOPER. AS WAS DISCLOSED IN THE APPLICATION FOR NON PROFIT THE DEVELOPERS CONTROL OF THE BOARD WAS FOR PROTECTIVE PUPOSES AND WAS LIMITED IN DURATION. NOW THAT THE CLUB IS GOVERNED BY THE PROPERTY OWNERS, CONFLICT OF INTEREST IS ANNUALY MONITORED BEGINNING IN FEBRUARY 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE IS AN HR COMMITEE THAT ALONG WITH EXECUTIVE COMMITTEE, IS RESPONSIBLE FOR EVALUATING THE OFFICERS OR KEY EMPLOYEES AND REVIEWING THEIR SALARY AND BENEFITS. NO CHANGE IN EXECUTIVE DIRECTOR OR OTHER EXECUTIVE STAFF COMPENSATION CAN BE AUTHORIZED WITHOUT APPROVAL OF BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS HAS NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRIOR PERIOD ADJUSTMENT - IN 2015 PURSUANT TO CONTRACT, LAND, REAL PROPERTY AND REAL PROPERTY IMPROVEMENTS WERE TRANSFERED FROM THE DEVELOPER TO THE CLUB. SUBSEQUENT TO THE FILING OF THE 2015 FORM 990 A CORRECTION WAS MADE TO THE ESTIMATED FAIR MARKET VALUE OF THE CONTRIBUTED LAND, REAL PROPERTY AND REAL PROPERTY IMPROVEMENTS REPORTED ON THE 2015 FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 8
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06867502
IRS990/TotalAssetsEOYAmt05530553
IRS990/TotalAssetsGrp/BOYAmt06867502
IRS990/TotalAssetsGrp/EOYAmt05530553
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt083
IRS990/TotalFunctionalExpensesGrp/TotalAmt04883199
IRS990/TotalGrossUBIAmt0666318
IRS990/TotalLiabilitiesBOYAmt01322949
IRS990/TotalLiabilitiesEOYAmt01342513
IRS990/TotalLiabilitiesGrp/BOYAmt01322949
IRS990/TotalLiabilitiesGrp/EOYAmt01342513
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05544553
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04188040
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04883199
IRS990/TotalProgramServiceRevenueAmt03792430
IRS990/TotalReportableCompFromOrgAmt0274649
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03686446
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04352764
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0666318
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06867502
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05530553
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt053145

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$5,530,553
Liabilities
$1,342,513
Net assets
$4,188,040
Revenue
$4,352,764
Expenses
$4,883,199
Net income
-$530,435
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$3.47$11.5$11.4$10.1$1.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$3.00$10.2$10.3$9.27$1.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$2.34$9.18$8.43$7.88$0.55
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$2.53$8.63$7.83$5.47$2.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.60$2.34$6.26$6.12$5.16$0.96
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.74$2.44$5.30$6.43$5.86$0.56
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.79$2.05$4.74$5.91$5.19$0.72
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.96$1.95$4.02$5.18$5.35$0.17
2016Detailed filing. Detailed filing data is available for this year.$5.53$1.34$4.19$4.35$4.88$0.53
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.87$1.32$5.54$9.23$4.51$4.72
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$1.14$0.82$4.31$4.38$0.07
2013Detailed filing. Detailed filing data is available for this year.$2.18$1.19$0.99$4.12$4.07$0.05