Civic Intelligence

Turtle Point Yacht Country Club

990 • Fiscal year 2016 • EIN 63-0417157

Oct 01, 2015 to Sep 30, 2016 • Filed on May 12, 2017

1000 Club DriveKillen, AL 35645

(256) 757-2153

Siviq Scores

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

Liabilities / Assets

89th percentile

0.82x

Higher debt load relative to assets than 89% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

54th percentile

0.54x

Higher debt load relative to revenue than 54% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Net Margin

41st percentile

1.1%

Higher net margin than 41% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

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.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Asset Growth

13th percentile

-6.3%

Faster asset growth than 13% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

39th percentile

-0.3%

Faster revenue growth than 39% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,766,606

Down $186,571 (-6.3%) from 2015

Net Assets

Up

$510,337

Up $77,186 (+18%) from 2015

Liabilities

Down

$2,256,269

Down $263,757 (-10%) from 2015

Revenue

Down

$4,189,417

Down $11,261 (-0.3%) from 2015

Expenses

Down

$4,142,092

Down $159,058 (-3.7%) from 2015

Net Income

Up

$47,325

Up $147,797 (+147%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $3,749,553Liabilities 2011: $3,227,495Net Assets 2011: $522,0582011Assets 2012: $3,347,493Liabilities 2012: $2,928,282Net Assets 2012: $419,2112012Assets 2013: $3,092,432Liabilities 2013: $2,685,427Net Assets 2013: $407,0052013Assets 2014: $3,057,537Liabilities 2014: $2,573,786Net Assets 2014: $483,7512014Assets 2015: $2,953,177Liabilities 2015: $2,520,026Net Assets 2015: $433,1512015Assets 2016: $2,766,606Liabilities 2016: $2,256,269Net Assets 2016: $510,3372016Assets 2017: $2,987,053Liabilities 2017: $2,249,245Net Assets 2017: $737,8082017Assets 2018: $3,084,949Liabilities 2018: $2,262,252Net Assets 2018: $822,6972018Assets 2019: $2,845,065Liabilities 2019: $1,984,353Net Assets 2019: $860,7122019Assets 2020: $2,830,027Liabilities 2020: $1,570,739Net Assets 2020: $1,259,2882020Assets 2021: $4,943,849Liabilities 2021: $1,285,128Net Assets 2021: $3,658,7212021Assets 2022: $7,882,775Liabilities 2022: $3,029,376Net Assets 2022: $4,853,3992022Assets 2023: $7,743,042Liabilities 2023: $2,210,985Net Assets 2023: $5,532,0572023Assets 2024: $8,607,666Liabilities 2024: $1,666,661Net Assets 2024: $6,941,0052024Assets 2025: $9,667,918Liabilities 2025: $1,356,214Net Assets 2025: $8,311,7042025

Highlighted filing

2016

Assets$2,766,606
Liabilities$2,256,269
Net Assets$510,337

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,890,122Expenses 2011: $4,865,249Net Income 2011: $24,8732011Expenses 2012: $4,490,3782012Revenue 2013: $4,202,151Expenses 2013: $4,214,357Net Income 2013: -$12,2062013Revenue 2014: $4,174,358Expenses 2014: $4,235,262Net Income 2014: -$60,9042014Revenue 2015: $4,200,678Expenses 2015: $4,301,150Net Income 2015: -$100,4722015Revenue 2016: $4,189,417Expenses 2016: $4,142,092Net Income 2016: $47,3252016Revenue 2017: $4,574,327Expenses 2017: $4,396,599Net Income 2017: $177,7282017Revenue 2018: $4,430,815Expenses 2018: $4,376,109Net Income 2018: $54,7062018Revenue 2019: $4,542,858Expenses 2019: $4,552,490Net Income 2019: -$9,6322019Revenue 2020: $5,069,651Expenses 2020: $4,718,458Net Income 2020: $351,1932020Revenue 2021: $7,244,471Expenses 2021: $5,537,254Net Income 2021: $1,707,2172021Revenue 2022: $6,257,650Expenses 2022: $5,062,972Net Income 2022: $1,194,6782022Revenue 2023: $6,347,213Expenses 2023: $5,929,792Net Income 2023: $417,4212023Revenue 2024: $6,692,618Expenses 2024: $5,213,839Net Income 2024: $1,478,7792024Revenue 2025: $6,744,682Expenses 2025: $5,780,559Net Income 2025: $964,1232025

Highlighted filing

2016

Revenue$4,189,417
Expenses$4,142,092
Net Income$47,325
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$4,189,417
Mission and Program Overview

Mission

The club provides accomodations such as food & beverage, golfing and yachting facilities for the benefit of its members

The club provides accomodations such as food & beverage, golfing and yachting facilities for the benefit of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,208,124$2,073,618▼ $134,506
Accounts Receivable$420,836$431,649▲ $10,813
Inventories for Sale or Use$110,028$134,258▲ $24,230
Cash and Non-Interest-Bearing Accounts$152,637$68,697▼ $83,940
Prepaid Expenses and Deferred Charges$61,147$58,384▼ $2,763
Intangible Assets$405--
Total Assets$2,953,177$2,766,606▼ $186,571
Liabilities
Unsecured Notes Loans Payable$1,783,765$1,661,072▼ $122,693
Deferred Revenue$310,524$311,512▲ $988
Accounts Payable and Accrued Expenses$425,737$283,685▼ $142,052
Total Liabilities$2,520,026$2,256,269▼ $263,757
Net Assets / Fund Balance
Unrestricted Net Assets$433,151$510,337▲ $77,186
Total Net Assets Fund Balance$433,151$510,337▲ $77,186
Total Liabilities and Net Assets / Fund Balance$2,953,177$2,766,606▼ $186,571

Asset Categories

AssetBook ValueDepreciationBasis
Land$162,482-$162,482
Compensation and Service Providers

Board Members and Trustees

NameTitle
Becky MauldinPresident
Ben GravesDirector
Bob CoxDirector
Gary HillDirector
James E MalletteDirector
Jeff LawsonDirector
Kin TaylorDirector
Lee NicholsDirector
Robert PrideDirector
Tom MinitreeDirector
Tom RossDirector
Scott CrossClub Secreta
Dennis MorganExecutive VP
Bill HowardPast Preside
David JefferyTreasurer
Chip RaschVP Membershi
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,189,417
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$47,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,097,851
Other Expenses$2,044,241
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,768,906
Fees for Services Other---$1,033,469
Other Expenses---$537,612
Depreciation Depletion---$220,840
Payroll Taxes---$157,328
Other Employee Benefits---$147,530
Insurance---$122,057
Interest---$70,473
Fees for Services Accounting---$35,129
Pension Plan Contributions---$24,087
Office Expenses---$17,464
Advertising---$7,197
Total Functional Expenses$0$0$0$4,142,092
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Turtle Point Yacht & Cc
EIN
63-0417157
Phone
2567572153
Address
1000 CLUB DRIVE, KILLEN, AL 35645

Signing Officer

Name
David Jeffery
Title
Treasurer
Phone
2567572153
Signed
2017-05-12

Organization Details

Principal Officer
Becky Mauldin
Legal Domicile
Al
Voting Board Members
16
Independent Board Members
538
Employees
132

Preparer

Firm
Norvell & Associates Pc
Address
2009 DARBY DRIVE, FLORENCE, AL 35630
Preparer
Carter C Norvell
Phone
2567649591
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Dues & assessments better enable the club to keep informed of and organize its members.

Form 990, Part IX, Line 11G

Bank charges 9,367 0 0 auto expense 426 0 0 building substructure 3,204 0 0 butane & fuel 3,430 0 0 chemicals 7,109 0 0 china, glassware 2,045 0 0 cleaning supplies 9,980 0 0 club security 73 0 0 education 2,729 0 0 contract labor 6,560 0 0 committee expense 5,497 0 0 dues & subscriptions 5,532 0 0 entertainment 17,652 0 0 equipment/lease 122,433 0 0 fertilizers & chemicals 46,530 0 0 flowers & decorations 13,332 0 0 gas 58,103 0 0 golf range expense 4,539 0 0 handicap expense 6,650 0 0 laundry supplies 24,979 0 0 licenses 3,278 0 0 light bulbs & fixtures 9,232 0 0 lockeroom supplies 268 0 0 materials & expense 12,703 0 0 meeting expense 6,037 0 0 miscellaneous 27,215 0 0 new hire expense 7,459 0 0 newsletter 5,647 0 0 other supplies 16,401 0 0 paint & supplies 3,913 0 0 paper supplies 12,669 0 0 pesticides 49,288 0 0 plants/shrubs 3,341 0 0 property tax 76,728 0 0 repairs & maintenance 117,429 0 0 sand 11,707 0 0 seed mulch 7,518 0 0 service contracts 22,874 0 0 shipping expense 8,583 0 0 small equipment 3,232 0 0 small tools 6,595 0 0 utensils 1,127 0 0 supplies 5,456 0 0 telephone 16,137 0 0 uniforms 8,864 0 0 utilities 215,203 0 0 tournament expense 24,395 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference 29,861 total 29,861

Raw XML Appendix347 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/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2603184
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3169583
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4130292
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0169583
IRS990/ProgSrvcAccomActyOtherGrp/Desc0DUES & ASSESSMENTS BETTER ENABLE THE CLUB TO KEEP INFORMED OF AND ORGANIZE ITS MEMBERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYOtherExpensesAmt02113266
IRS990/PYProgramServiceRevenueAmt04200678
IRS990/PYRevenuesLessExpensesAmt0-100472
IRS990/PYSalariesCompEmpBnftPaidAmt02187884
IRS990/PYTotalExpensesAmt04301150
IRS990/PYTotalRevenueAmt04200678
IRS990/ReconcilationRevenueExpnssAmt047325
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0162482
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0162482
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0162482
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DUES & ASSESSMENTS BETTER ENABLE THE CLUB TO KEEP INFORMED OF AND ORGANIZE ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK CHARGES 9,367 0 0 AUTO EXPENSE 426 0 0 BUILDING SUBSTRUCTURE 3,204 0 0 BUTANE & FUEL 3,430 0 0 CHEMICALS 7,109 0 0 CHINA, GLASSWARE 2,045 0 0 CLEANING SUPPLIES 9,980 0 0 CLUB SECURITY 73 0 0 EDUCATION 2,729 0 0 CONTRACT LABOR 6,560 0 0 COMMITTEE EXPENSE 5,497 0 0 DUES & SUBSCRIPTIONS 5,532 0 0 ENTERTAINMENT 17,652 0 0 EQUIPMENT/LEASE 122,433 0 0 FERTILIZERS & CHEMICALS 46,530 0 0 FLOWERS & DECORATIONS 13,332 0 0 GAS 58,103 0 0 GOLF RANGE EXPENSE 4,539 0 0 HANDICAP EXPENSE 6,650 0 0 LAUNDRY SUPPLIES 24,979 0 0 LICENSES 3,278 0 0 LIGHT BULBS & FIXTURES 9,232 0 0 LOCKEROOM SUPPLIES 268 0 0 MATERIALS & EXPENSE 12,703 0 0 MEETING EXPENSE 6,037 0 0 MISCELLANEOUS 27,215 0 0 NEW HIRE EXPENSE 7,459 0 0 NEWSLETTER 5,647 0 0 OTHER SUPPLIES 16,401 0 0 PAINT & SUPPLIES 3,913 0 0 PAPER SUPPLIES 12,669 0 0 PESTICIDES 49,288 0 0 PLANTS/SHRUBS 3,341 0 0 PROPERTY TAX 76,728 0 0 REPAIRS & MAINTENANCE 117,429 0 0 SAND 11,707 0 0 SEED MULCH 7,518 0 0 SERVICE CONTRACTS 22,874 0 0 SHIPPING EXPENSE 8,583 0 0 SMALL EQUIPMENT 3,232 0 0 SMALL TOOLS 6,595 0 0 UTENSILS 1,127 0 0 SUPPLIES 5,456 0 0 TELEPHONE 16,137 0 0 UNIFORMS 8,864 0 0 UTILITIES 215,203 0 0 TOURNAMENT EXPENSE 24,395 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE 29,861 TOTAL 29,861
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02953177
IRS990/TotalAssetsEOYAmt02766606
IRS990/TotalAssetsGrp/BOYAmt02953177
IRS990/TotalAssetsGrp/EOYAmt02766606
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt0132
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04142092
IRS990/TotalGrossUBIAmt0169583
IRS990/TotalLiabilitiesBOYAmt02520026
IRS990/TotalLiabilitiesEOYAmt02256269
IRS990/TotalLiabilitiesGrp/BOYAmt02520026
IRS990/TotalLiabilitiesGrp/EOYAmt02256269
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0433151
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0510337
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt027844
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt027844
IRS990/TotalProgramServiceRevenueAmt04189417
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04019834
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04189417
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0169583
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02953177
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02766606
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0433151
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0510337
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01783765
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01661072
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt0538
IRS990/WebsiteAddressTxt0WWW.TPYCC.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID JEFFERY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02567572153
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TURTLE POINT YACHT & CC
ReturnHeader/Filer/BusinessNameControlTxt0TURT
ReturnHeader/Filer/EIN0630417157
ReturnHeader/Filer/PhoneNum02567572153
ReturnHeader/Filer/USAddress/AddressLine1Txt01000 CLUB DRIVE
ReturnHeader/Filer/USAddress/CityNm0KILLEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035645
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452574444
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NORVELL & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02009 DARBY DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLORENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035630
ReturnHeader/PreparerPersonGrp/PhoneNum02567649591
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARTER C NORVELL
ReturnHeader/ReturnTs02017-05-12T10:47:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.67$1.36$8.31$6.74$5.78$0.96
2024Detailed filing. Detailed filing data is available for this year.$8.61$1.67$6.94$6.69$5.21$1.48
2023Detailed filing. Detailed filing data is available for this year.$7.74$2.21$5.53$6.35$5.93$0.42
2022Detailed filing. Detailed filing data is available for this year.$7.88$3.03$4.85$6.26$5.06$1.19
2021Detailed filing. Detailed filing data is available for this year.$4.94$1.29$3.66$7.24$5.54$1.71
2020Detailed filing. Detailed filing data is available for this year.$2.83$1.57$1.26$5.07$4.72$0.35
2019Detailed filing. Detailed filing data is available for this year.$2.85$1.98$0.86$4.54$4.55$0.01
2018Detailed filing. Detailed filing data is available for this year.$3.08$2.26$0.82$4.43$4.38$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.99$2.25$0.74$4.57$4.40$0.18
2016Detailed filing. Detailed filing data is available for this year.$2.77$2.26$0.51$4.19$4.14$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.95$2.52$0.43$4.20$4.30$0.10
2014Detailed filing. Detailed filing data is available for this year.$3.06$2.57$0.48$4.17$4.24$0.06
2013Summary only. Only limited summary data is available for this year.$3.09$2.69$0.41$4.20$4.21$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$2.93$0.42$4.49
2011Summary only. Only limited summary data is available for this year.$3.75$3.23$0.52$4.89$4.87$0.02