Civic Intelligence

Murray Recreation Association Inc

990 • Fiscal year 2020 • EIN 61-0596361

Nov 01, 2019 to Oct 31, 2020 • Filed on Jan 21, 2021

PO Box 1101Murray, KY 42071

(270) 753-6454

Siviq Scores

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

Liabilities / Assets

97th percentile

1.32x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

2.02x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Net Margin

41st percentile

-1.2%

Higher net margin than 41% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Asset Growth

89th percentile

52%

Faster asset growth than 89% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

56th percentile

-10%

Faster revenue growth than 56% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$379,022

Up $129,049 (+52%) from 2019

Net Assets

Down

-$121,883

Down $2,964 (-2.5%) from 2019

Liabilities

Up

$500,905

Up $132,013 (+36%) from 2019

Revenue

Down

$248,280

Down $28,060 (-10%) from 2019

Expenses

Down

$251,244

Down $14,662 (-5.5%) from 2019

Net Income

Down

-$2,964

Down $13,398 (-128%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $533,230Liabilities 2011: $212,032Net Assets 2011: $321,1982011Assets 2012: $505,011Liabilities 2012: $191,664Net Assets 2012: $313,3472012Assets 2013: $681,892Liabilities 2013: $407,205Net Assets 2013: $274,6872013Assets 2014: $867,429Liabilities 2014: $639,867Net Assets 2014: $227,5622014Assets 2015: $461,098Liabilities 2015: $452,730Net Assets 2015: $8,3682015Assets 2016: $475,368Liabilities 2016: $586,179Net Assets 2016: -$110,8112016Assets 2017: $384,281Liabilities 2017: $505,203Net Assets 2017: -$120,9222017Assets 2018: $275,427Liabilities 2018: $410,843Net Assets 2018: -$135,4162018Assets 2019: $249,973Liabilities 2019: $368,892Net Assets 2019: -$118,9192019Assets 2020: $379,022Liabilities 2020: $500,905Net Assets 2020: -$121,8832020Assets 2021: $406,055Liabilities 2021: $463,061Net Assets 2021: -$57,0062021Assets 2022: $400,627Liabilities 2022: $451,241Net Assets 2022: -$50,6142022Assets 2023: $394,684Liabilities 2023: $439,460Net Assets 2023: -$44,7762023Assets 2024: $427,979Liabilities 2024: $454,063Net Assets 2024: -$26,0842024

Highlighted filing

2020

Assets$379,022
Liabilities$500,905
Net Assets-$121,883

Operations Trend

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

$500K$0-$500KExpenses 2011: $462,4762011Expenses 2012: $451,0702012Revenue 2013: $411,289Expenses 2013: $449,949Net Income 2013: -$38,6602013Revenue 2014: $0Expenses 2014: $432,719Net Income 2014: -$432,7192014Revenue 2015: $186,396Expenses 2015: $405,590Net Income 2015: -$219,1942015Revenue 2016: $303,239Expenses 2016: $422,418Net Income 2016: -$119,1792016Revenue 2017: $328,323Expenses 2017: $338,434Net Income 2017: -$10,1112017Revenue 2018: $277,112Expenses 2018: $274,265Net Income 2018: $2,8472018Revenue 2019: $276,340Expenses 2019: $265,906Net Income 2019: $10,4342019Revenue 2020: $248,280Expenses 2020: $251,244Net Income 2020: -$2,9642020Revenue 2021: $363,932Expenses 2021: $336,399Net Income 2021: $27,5332021Revenue 2022: $369,544Expenses 2022: $364,258Net Income 2022: $5,2862022Revenue 2023: $338,974Expenses 2023: $333,136Net Income 2023: $5,8382023Revenue 2024: $330,610Expenses 2024: $311,918Net Income 2024: $18,6922024

Highlighted filing

2020

Revenue$248,280
Expenses$251,244
Net Income-$2,964
Jump To
Filing Snapshot
Filing Period
Nov 1, 2019 to Oct 31, 2020
Signed
Jan 21, 2021
Return Version
2019v5.1
Gross Receipts
$260,752
Mission and Program Overview

Mission

A member owned country club that provides a place to golf, swim, and have social activities for members and their guests.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$240,383$229,180▼ $11,203
Cash and Non-Interest-Bearing Accounts$8,168$148,659▲ $140,491
Inventories for Sale or Use$1,422$1,050▼ $372
Accounts Receivable-$133-
Total Assets$249,973$379,022▲ $129,049
Liabilities
Mortgage Notes Payable Secured by Investment Property$363,109$478,965▲ $115,856
Other Liabilities-$18,674-
Accounts Payable and Accrued Expenses$5,783$3,266▼ $2,517
Total Liabilities$368,892$500,905▲ $132,013
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-118,919$-121,883▼ $2,964
Total Net Assets Fund Balance$-118,919$-121,883▼ $2,964
Total Liabilities and Net Assets / Fund Balance$249,973$379,022▲ $129,049

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$85,850$456,998$542,848
Leasehold Improvements$43,375$419,572$462,947
Equipment$32,205$92,301$124,506
Land$67,750-$67,750
Compensation and Service Providers

Board Members and Trustees

NameTitle
Denise WindsorDirector
Jamie OsborneDirector
Larry WagnerDirector
Mark FergusonDirector
Michelle OsborneDirector
Tyler BohannonDirector
Vicky HerndonSecretary
Ronnie RayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$192,224
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$56,056
Change in Net Assets
$-2,964
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$155,650
Salaries, Compensation, and Employee Benefits$95,594
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$85,625--$85,625
All Other Expenses$43,426--$43,426
Depreciation Depletion$30,108--$30,108
Interest$15,075--$15,075
Insurance$11,855--$11,855
Payroll Taxes$9,969--$9,969
Other Expenses$5,036--$5,036
Fees for Services Accounting$1,850--$1,850
Advertising$1,825--$1,826
Office Expenses$1,493--$1,493
Total Functional Expenses$251,243$0$0$251,244
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,808
Fundraising Direct Expenses$4,527
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
Federal income taxes$18,674
PPP Advance-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6

Non profit association with members

Form 990, Part VI, Line 7A

Members elect board to make decisions on their behalf

Form 990, Part VI, Line 11B

Return will be reviewed by the board

Form 990, Part VI, Line 19

Documents available upon request

Filing and Contact Details

Filer

Filer Name
Murray Recreation Association Inc
EIN
61-0596361
Phone
2707536454
Address
PO Box 1101, Murray, KY 42071

Signing Officer

Name
Ronnie Ray
Title
Treasurer
Signed
2021-01-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronnie Ray
Formed
1962
Legal Domicile
Ky
Voting Board Members
8
Independent Board Members
0
Employees
21

Preparer

Firm
Tax and Accounting Services
Address
1635 Olive St, Murray, KY 42071
Preparer
Michael H Keller
Phone
2702052172
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 6

Non profit association with members

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt028686
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt029625
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt058311
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0468005
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0220910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0247095
IRS990ScheduleA/Total509Grp/TotalAmt0468005
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0220910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0247095
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0468005
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt085850
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0456998
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0542848
IRS990ScheduleD/EquipmentGrp/BookValueAmt032205
IRS990ScheduleD/EquipmentGrp/DepreciationAmt092301
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0124506
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt067750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067750
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt043375
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0419572
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0462947
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018674
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PPP Advance
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0229180
IRS990ScheduleD/TotalLiabilityAmt018674
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Non profit association with members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members elect board to make decisions on their behalf
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Return will be reviewed by the board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Non profit association with members
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part V, Line 6
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0249973
IRS990/TotalAssetsEOYAmt0379022
IRS990/TotalAssetsGrp/BOYAmt0249973
IRS990/TotalAssetsGrp/EOYAmt0379022
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0192224
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0251243
IRS990/TotalFunctionalExpensesGrp/TotalAmt0251244
IRS990/TotalGrossUBIAmt024021
IRS990/TotalLiabilitiesBOYAmt0368892
IRS990/TotalLiabilitiesEOYAmt0500905
IRS990/TotalLiabilitiesGrp/BOYAmt0368892
IRS990/TotalLiabilitiesGrp/EOYAmt0500905
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-118919
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-121883
IRS990/TotalProgramServiceExpensesAmt0251243
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt028686
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0248280
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt024021
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0249973
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0379022
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 1101
IRS990/USAddress/CityNm0Murray
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042071
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.oaksgcc.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ronnie Ray
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Murray Recreation Association Inc
ReturnHeader/Filer/BusinessNameControlTxt0MURR
ReturnHeader/Filer/EIN0610596361
ReturnHeader/Filer/PhoneNum02707536454
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1101
ReturnHeader/Filer/USAddress/CityNm0Murray

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$4.54$0.26$3.31$3.12$0.19
2023Summary only. Only limited summary data is available for this year.$3.95$4.39$0.45$3.39$3.33$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$4.51$0.51$3.70$3.64$0.05
2021Summary only. Only limited summary data is available for this year.$4.06$4.63$0.57$3.64$3.36$0.28
2020Detailed filing. Detailed filing data is available for this year.$3.79$5.01$1.22$2.48$2.51$0.03
2019Summary only. Only limited summary data is available for this year.$2.50$3.69$1.19$2.76$2.66$0.10
2018Summary only. Only limited summary data is available for this year.$2.75$4.11$1.35$2.77$2.74$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.84$5.05$1.21$3.28$3.38$0.10
2016Summary only. Only limited summary data is available for this year.$4.75$5.86$1.11$3.03$4.22$1.19
2015Summary only. Only limited summary data is available for this year.$4.61$4.53$0.08$1.86$4.06$2.19
2014Summary only. Only limited summary data is available for this year.$8.67$6.40$2.28$0.00$4.33$4.33
2013Summary only. Only limited summary data is available for this year.$6.82$4.07$2.75$4.11$4.50$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.05$1.92$3.13$4.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.33$2.12$3.21$4.62
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)7 • <$500k nonprofits