Civic Intelligence

Memphis Sport Shooting Association Inc

990 • Fiscal year 2017 • EIN 62-0763396

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 09, 2018

P O Box 99Brunswick, TN 38014

(901) 867-8277

Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2017 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

15th percentile

0.01x

Higher debt load relative to revenue than 15% of similar nonprofits.

2017 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2017

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2017 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2017 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2017

Asset Growth

72nd percentile

5.5%

Faster asset growth than 72% of similar nonprofits.

2017 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

46th percentile

0.9%

Faster revenue growth than 46% of similar nonprofits.

2017 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,449,572

Up $127,490 (+5.5%) from 2016

Net Assets

Up

$2,434,656

Up $112,574 (+4.8%) from 2016

Liabilities

Up

$14,916

Up $14,916 from 2016

Revenue

Up

$1,048,429

Up $9,580 (+0.9%) from 2016

Expenses

Up

$935,855

Up $49,556 (+5.6%) from 2016

Net Income

Down

$112,574

Down $39,976 (-26%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,950,432Liabilities 2011: $0Net Assets 2011: $1,950,4322011Assets 2012: $1,968,925Liabilities 2012: $0Net Assets 2012: $1,968,9252012Assets 2013: $2,018,510Liabilities 2013: $0Net Assets 2013: $2,018,5102013Assets 2014: $2,014,715Liabilities 2014: $0Net Assets 2014: $2,014,7152014Assets 2015: $2,169,532Liabilities 2015: $0Net Assets 2015: $2,169,5322015Assets 2016: $2,322,082Liabilities 2016: $0Net Assets 2016: $2,322,0822016Assets 2017: $2,449,572Liabilities 2017: $14,916Net Assets 2017: $2,434,6562017Assets 2018: $2,448,495Liabilities 2018: $12,717Net Assets 2018: $2,435,7782018Assets 2019: $2,566,432Liabilities 2019: $8,496Net Assets 2019: $2,557,9362019Assets 2020: $2,772,451Liabilities 2020: $8,520Net Assets 2020: $2,763,9312020Assets 2021: $2,896,067Liabilities 2021: $14,189Net Assets 2021: $2,881,8782021Assets 2022: $2,889,859Liabilities 2022: $5,246Net Assets 2022: $2,884,6132022Assets 2023: $3,061,065Liabilities 2023: $9,623Net Assets 2023: $3,051,4422023Assets 2024: $3,256,493Liabilities 2024: $90,472Net Assets 2024: $3,166,0212024

Highlighted filing

2017

Assets$2,449,572
Liabilities$14,916
Net Assets$2,434,656

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,088,282Expenses 2011: $630,756Net Income 2011: $457,5262011Revenue 2012: $696,631Expenses 2012: $678,138Net Income 2012: $18,4932012Revenue 2013: $843,506Expenses 2013: $793,921Net Income 2013: $49,5852013Revenue 2014: $798,526Expenses 2014: $802,321Net Income 2014: -$3,7952014Revenue 2015: $985,391Expenses 2015: $830,574Net Income 2015: $154,8172015Revenue 2016: $1,038,849Expenses 2016: $886,299Net Income 2016: $152,5502016Revenue 2017: $1,048,429Expenses 2017: $935,855Net Income 2017: $112,5742017Revenue 2018: $1,083,299Expenses 2018: $1,082,177Net Income 2018: $1,1222018Revenue 2019: $1,031,934Expenses 2019: $909,776Net Income 2019: $122,1582019Revenue 2020: $1,164,939Expenses 2020: $958,944Net Income 2020: $205,9952020Revenue 2021: $1,113,386Expenses 2021: $995,439Net Income 2021: $117,9472021Revenue 2022: $1,149,904Expenses 2022: $1,145,936Net Income 2022: $3,9682022Revenue 2023: $1,314,181Expenses 2023: $1,147,352Net Income 2023: $166,8292023Revenue 2024: $1,254,284Expenses 2024: $1,139,705Net Income 2024: $114,5792024

Highlighted filing

2017

Revenue$1,048,429
Expenses$935,855
Net Income$112,574
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 9, 2018
Return Version
2017v2.2
Gross Receipts
$1,312,244
Mission and Program Overview

Mission

Memphis sports shooting association is devoted to the training of its members in the safe and proper use of all firearms

Provide safe facilities for teaching gun safety

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,322,082$2,434,656▲ $112,574
Land, Buildings, and Equipment, Net$1,459,978$1,651,323▲ $191,345
Savings and Temporary Cash Investments$421,221$600,689▲ $179,468
Cash and Non-Interest-Bearing Accounts$398,675$151,379▼ $247,296
Inventories for Sale or Use$42,208$46,181▲ $3,973
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,322,082$2,449,572▲ $127,490
Liabilities
Other Liabilities$0$14,916▲ $14,916
Total Liabilities$0$14,916▲ $14,916
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,322,082$2,434,656▲ $112,574
Total Liabilities and Net Assets / Fund Balance$2,322,082$2,449,572▲ $127,490

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$641,272$1,058,523$1,699,795
Buildings$762,153$252,996$1,015,149
Equipment$6,812$337,442$344,254
Land$241,086-$241,086
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rick MaysPresident
Alan NewtonBoard of Directors
David BeesingerBoard of Directors
David DorisBoard of Directors
Earl BeckhamBoard of Directors
Ed HopeBoard of Directors
Eddie WilsonBoard of Directors
Grady JonesBoard of Directors
Lanny ProvinceBoard of Directors
Larry KershnerBoard of Directors
Lynn JonesBoard of Directors
Robert GormanBoard of Directors
Stan JonesBoard of Directors
Dan MarstellerSecretary
Jere KingsburyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,400
Program Service Revenue
$951,725
Investment Income
$1,211
Other Revenue
$89,093
All Other Contributions
$6,400
Change in Net Assets
$112,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$565,234
Salaries, Compensation, and Employee Benefits$364,963
Grants and Similar Amounts Paid$5,658
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$338,238
Depreciation Depletion---$143,362
Occupancy---$61,648
Insurance---$60,138
Office Expenses---$57,080
Payroll Taxes---$26,725
All Other Expenses---$17,673
Other Expenses---$11,261
Fees for Services Accounting---$7,813
Grants to Domestic Orgs---$5,252
Grants to Domestic Individuals---$406
Interest---$204
Advertising---$75
Total Functional Expenses$0$0$0$935,855
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
Payroll Taxes Payable$5,819
Third Party Target Credits$4,580
Sales Tax Payable$2,755
Nra Dues Payable$1,762
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

Board of directors review and discuss tax return in meeting before filing.

Form 990, Part VI, Section B, Line 15B

All employee compensation are discussed, reviewed and approved by the organization's board of directors at least annually.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request. The organization has a written policy for conflict of interest , whistleblower, document retention and destruction policies.

Filing and Contact Details

Filer

Filer Name
Memphis Sport Shooting Association Inc
EIN
62-0763396
Phone
9018678277
Address
P O BOX 99, BRUNSWICK, TN 38014

Signing Officer

Name
Jere Kingsbury
Title
Treasurer
Phone
9018678277
Signed
2018-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jere Kingsbury
Formed
1986
Legal Domicile
Tn
Voting Board Members
15
Independent Board Members
15
Employees
23
Volunteers
0

Preparer

Firm
Lenahan Smith & Bargiachi Pc
Address
1080 BROOKFIELD RD, MEMPHIS, TN 38119
Preparer
Charles J Hallberg Iii CPA
Phone
9016841100
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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JERE KINGSBURY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1SHOOTING TOURNAMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0790713
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1161012
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0790713
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1161012
IRS990/ProgSrvcAccomActy2Grp/Desc0LOCAL SHERIFF DEPUTIES AND CITY POLICE QUALIFY ON THEIR WEAPONS AT NO CHARGE.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDES SAFE FACILITIES FOR CLUB MEMBERS AND THEIR GUESTS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0FACILITIES ARE USED FOR LOCAL SHOOTING CONTESTS FOR THE BENEFIT OF LOCAL CHARITIES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03219
IRS990/PYGrantsAndSimilarPaidAmt01262
IRS990/PYInvestmentIncomeAmt0-6580
IRS990/PYOtherExpensesAmt0511988
IRS990/PYOtherRevenueAmt0212835
IRS990/PYProgramServiceRevenueAmt0829375
IRS990/PYRevenuesLessExpensesAmt0152550
IRS990/PYSalariesCompEmpBnftPaidAmt0373049
IRS990/PYTotalExpensesAmt0886299
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01038849
IRS990/ReconcilationRevenueExpnssAmt0112574
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02322082
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02434656
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0421221
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0600689
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0762153
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0252996
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01015149
IRS990ScheduleD/EquipmentGrp/BookValueAmt06812
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0337442
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0344254
IRS990ScheduleD/LandGrp/BookValueAmt0241086
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0241086
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0641272
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01058523
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01699795
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05819
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12755
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24580
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31762
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2THIRD PARTY TARGET CREDITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3NRA DUES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01651323
IRS990ScheduleD/TotalLiabilityAmt014916
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS REVIEW AND DISCUSS TAX RETURN IN MEETING BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL EMPLOYEE COMPENSATION ARE DISCUSSED, REVIEWED AND APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS AT LEAST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION HAS A WRITTEN POLICY FOR CONFLICT OF INTEREST , WHISTLEBLOWER, DOCUMENT RETENTION AND DESTRUCTION POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02322082
IRS990/TotalAssetsEOYAmt02449572
IRS990/TotalAssetsGrp/BOYAmt02322082
IRS990/TotalAssetsGrp/EOYAmt02449572
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06400
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/TotalAmt0935855
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt014916
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt014916
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02322082
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02434656
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0951725
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01042029
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01048429
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02322082
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02449572
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 99
IRS990/USAddress/CityNm0BRUNSWICK
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038014
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JERE KINGSBURY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09018678277
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEMPHIS SPORT SHOOTING ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MEMP
ReturnHeader/Filer/EIN0620763396
ReturnHeader/Filer/PhoneNum09018678277
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 99
ReturnHeader/Filer/USAddress/CityNm0BRUNSWICK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038014
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId048274BD29894E1DAB95BDA98D49B10D69BDB6C5A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId048274BD29894E1DAB95BDA98D49B10D69BDB6C5A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.93.147.197
ReturnHeader/FilingSecurityInformation/IPDt02018-08-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:36:37
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621422748
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LENAHAN SMITH & BARGIACHI PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01080 BROOKFIELD RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MEMPHIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038119
ReturnHeader/PreparerPersonGrp/PhoneNum09016841100
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-09

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.$3.26$0.09$3.17$1.25$1.14$0.11
2023Detailed filing. Detailed filing data is available for this year.$3.06$0.01$3.05$1.31$1.15$0.17
2022Detailed filing. Detailed filing data is available for this year.$2.89$0.01$2.88$1.15$1.15$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.90$0.01$2.88$1.11$1.00$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.77$0.01$2.76$1.16$0.96$0.21
2019Detailed filing. Detailed filing data is available for this year.$2.57$0.01$2.56$1.03$0.91$0.12
2018Detailed filing. Detailed filing data is available for this year.$2.45$0.01$2.44$1.08$1.08$0.00
2017Detailed filing. Detailed filing data is available for this year.$2.45$0.01$2.43$1.05$0.94$0.11
2016Summary only. Only limited summary data is available for this year.$2.32$0.00$2.32$1.04$0.89$0.15
2015Summary only. Only limited summary data is available for this year.$2.17$0.00$2.17$0.99$0.83$0.15
2014Summary only. Only limited summary data is available for this year.$2.01$0.00$2.01$0.80$0.80$0.00
2013Summary only. Only limited summary data is available for this year.$2.02$0.00$2.02$0.84$0.79$0.05
2012Summary only. Only limited summary data is available for this year.$1.97$0.00$1.97$0.70$0.68$0.02
2011Summary only. Only limited summary data is available for this year.$1.95$0.00$1.95$1.09$0.63$0.46