Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
Lake Forest Prop Owners Assoc Lake Forest Maring
990 • Fiscal year 2015 • EIN 63-0787921
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.20x
Liabilities / Revenue
32nd percentile
Higher debt load relative to revenue than 32% of similar nonprofits.
Net Margin
39th percentile
Higher net margin than 39% of similar nonprofits.
Top Officer Pay
70th percentile
Higher top officer pay than 70% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
41st percentile
Faster revenue growth than 41% of similar nonprofits.
Balance Sheet
Assets
Down$2,544,175
Down $38,868 (-1.5%) from 2014
Net Assets
Up$2,031,733
Up $3,431 (+0.2%) from 2014
Liabilities
Down$512,442
Down $42,299 (-7.6%) from 2014
Revenue And Expenses
Revenue
Up$2,898,379
Up $17,267 (+0.6%) from 2014
Expenses
Down$2,894,948
Down $50,503 (-1.7%) from 2014
Net Income
Up$3,431
Up $67,770 (+105%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Nov 14, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $2,898,379
Mission and Program Overview
Mission
The association's primary purpose is to devote itself to the improvement and civic betterment of the lake forest development in baldwin county, alabama
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,698,305 | $1,569,264 | ▼ $129,041 |
| Cash and Non-Interest-Bearing Accounts | $393,180 | $454,572 | ▲ $61,392 |
| Accounts Receivable | $415,189 | $438,982 | ▲ $23,793 |
| Inventories for Sale or Use | $42,628 | $48,152 | ▲ $5,524 |
| Prepaid Expenses and Deferred Charges | $33,741 | $33,205 | ▼ $536 |
| Total Assets | $2,583,043 | $2,544,175 | ▼ $38,868 |
| Liabilities | |||
| Deferred Revenue | $336,363 | $361,174 | ▲ $24,811 |
| Accounts Payable and Accrued Expenses | $131,378 | $89,728 | ▼ $41,650 |
| Other Liabilities | $87,000 | $61,540 | ▼ $25,460 |
| Total Liabilities | $554,741 | $512,442 | ▼ $42,299 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $2,028,302 | $2,031,733 | ▲ $3,431 |
| Total Net Assets Fund Balance | $2,028,302 | $2,031,733 | ▲ $3,431 |
| Total Liabilities and Net Assets / Fund Balance | $2,583,043 | $2,544,175 | ▼ $38,868 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $629,723 | $2,346,645 | $2,976,368 |
| Equipment | $156,266 | $870,125 | $1,026,391 |
| Land | $783,275 | - | $783,275 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Steven Sasser | President |
| David Sumner | Member |
| Ed Kirby | Member |
| Richard Kersey | Member |
| David Dueitt | Secretary |
| Mary Ann Hampton | Treasurer |
| Victoria Phelps | Vice Preside |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $2,898,102
- Investment Income
- $277
- Other Revenue
- $0
- Change in Net Assets
- $3,431
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $1,873,604 |
| Salaries, Compensation, and Employee Benefits | $1,021,344 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Comp Disqual Persons | $807,262 | - | - | $807,262 |
| Fees for Services Other | $324,264 | - | - | $324,264 |
| All Other Expenses | $323,540 | - | - | $323,540 |
| Other Employee Benefits | $214,082 | - | - | $214,082 |
| Depreciation Depletion | $173,273 | - | - | $173,273 |
| Other Expenses | $162,512 | - | - | $162,512 |
| Insurance | $113,571 | - | - | $113,571 |
| Fees for Services Legal | $44,566 | - | - | $44,566 |
| Office Expenses | $40,992 | - | - | $40,992 |
| Advertising | $13,630 | - | - | $13,630 |
| Fees for Services Accounting | $7,975 | - | - | $7,975 |
| Conferences and Meetings | $6,253 | - | - | $6,253 |
| Interest | $2,471 | - | - | $2,471 |
| Total Functional Expenses | $2,894,948 | $0 | $0 | $2,894,948 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Leases Payable | $35,819 |
| Builders Damage Deposits | $14,725 |
| Ad Valorem Tax Payable | $10,996 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- 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
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 6
“The association consists of two classes of members. The first class is full voting members. They may vote for the election of directors and upon all matters which require a vote of the membership. The second class is associate members. They may vote for the election of directors and upon all other matters concerning the country club and golf course which require a vote of the membership, but no other matters.”
Form 990, Page 6, Part VI, Line 7A
“The association consists of two classes of members. The first class is full voting members. They may vote for the election of directors and upon all matters which require a vote of the membership. The second class is associate members. They may vote for the election of directors and upon all other matters concerning the country club and golf course which require a vote of the membership, but no other matters.”
Form 990, Page 6, Part VI, Line 7B
“The association consists of two classes of members. The first class is full voting members. They may vote for the election of directors and upon all matters which require a vote of the membership. The second class is associate members. They may vote for the election of directors and upon all other matters concerning the country club and golf course which require a vote of the membership, but no other matters.”
Form 990, Page 6, Part VI, Line 11B
“No review was or will be conducted.”
Form 990, Page 6, Part VI, Line 19
“The association has form 990 and 990-t on file at the association's office. The form is available for public inspection upon request.”
Filing and Contact Details
Filer
- Filer Name
- LAKE FOREST PROPERTY OWNERS'
- EIN
- 63-0787921
- Phone
- 2516260788
- Address
- 1 GOLF TERRACE, DAPHNE, AL 36526
Signing Officer
- Name
- Steven Sasser
- Title
- President
- Phone
- 2516260788
- Signed
- 2016-11-14
Organization Details
- Principal Officer
- Steven Sasser
- Formed
- 1971
- Legal Domicile
- Al
- Voting Board Members
- 7
- Independent Board Members
- 7
- Employees
- 87
Preparer
- Firm
- Robertson Andreoli & Covington Pc
- Address
- 100 HAND AVE, BAY MINETTE, AL 36507-4825
- Preparer
- Michael R Andreoli
- Phone
- 2519375561
Supplemental Narrative
Additional Explanations
Form 990, Part IX, Line 11G
“OTHER FEES 324,264 0 0”
Form 990, Part IX, Line 24E
“Bad debts 121,480 0 0 taxes & licenses 73,215 0 0 fuel costs 36,143 0 0 miscellaneous 30,527 0 0 telephone 29,101 0 0 merchandise costs 21,681 0 0 uniforms and linens 9,423 0 0 vehicle expenses 1,970 0 0”
Raw XML Appendix348 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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 131378 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 89728 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 415189 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 438982 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE ASSOCIATION'S PRIMARY PURPOSE IS TO DEVOTE ITSELF TO THE IMPROVEMENT AND CIVIC BETTERMENT OF THE LAKE FOREST DEVELOPMENT IN BALDWIN COUNTY, ALABAMA |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 13630 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 13630 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 323540 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 323540 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BILL DONATHAN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2516260788 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1 GOLF TERRACE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | DAPHNE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 36526 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 393180 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 454572 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompDisqualPersonsGrp/ProgramServicesAmt | 0 | 807262 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 807262 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 6253 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 6253 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 277 |
| IRS990/CYOtherExpensesAmt | 0 | 1873604 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2898102 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 3431 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1021344 |
| IRS990/CYTotalExpensesAmt | 0 | 2894948 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2898379 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 336363 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 361174 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 173273 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 173273 |
| IRS990/Desc | 0 | IMPROVEMENT AND CIVIC BETTERMENT OF THE LAKE FOREST DEVELOPMENT IN BALDWIN COUNTY, ALABAMA |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 87 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/ExpenseAmt | 0 | 2894948 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 7975 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 7975 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 44566 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 44566 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 324264 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 324264 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | STEVEN SASSER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | VICTORIA PHELPS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MARY ANN HAMPTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DAVID DUEITT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ED KIRBY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RICHARD KERSEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DAVID SUMNER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | true |
| IRS990/FormationYr | 0 | 1971 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 2898379 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 113571 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 113571 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 2471 |
| IRS990/InterestGrp/TotalAmt | 0 | 2471 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 42628 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 48152 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 277 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 277 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 10 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3216770 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1698305 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1569264 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 4786034 |
| IRS990/LegalDomicileStateCd | 0 | AL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE ASSOCIATION'S PRIMARY PURPOSE IS TO DEVOTE ITSELF TO THE IMPROVEMENT AND CIVIC BETTERMENT OF THE LAKE FOREST DEVELOPMENT IN BALDWIN COUNTY, ALABAMA |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2028302 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2031733 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | -251659 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 40992 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 40992 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 214082 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 214082 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | FOOD, BEVERAGE AND ENTERT |
| IRS990/OtherExpensesGrp/Desc | 2 | UTILITIES |
| IRS990/OtherExpensesGrp/Desc | 3 | SUPPLIES & MATERIALS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 249208 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 239176 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 172173 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 162512 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 249208 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 239176 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 172173 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 162512 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 87000 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 61540 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 33741 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 33205 |
| IRS990/PrincipalOfficerNm | 0 | STEVEN SASSER |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 713910 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 713910 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 713910 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 713910 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 713910 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ALL OTHER PROGRAMS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | GOLF REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | FOOD AND BEVERAGE REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | NON-MEMBER INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | MARINA REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1740210 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 447414 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 358153 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 63450 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1740210 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 447414 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 358153 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 241258 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 63450 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 241258 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 311 |
| IRS990/PYOtherExpensesAmt | 0 | 1908664 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 2880801 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -64339 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1036787 |
| IRS990/PYTotalExpensesAmt | 0 | 2945451 |
| IRS990/PYTotalRevenueAmt | 0 | 2881112 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 3431 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 629723 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2346645 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2976368 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 156266 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 870125 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 1026391 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 783275 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 783275 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 35819 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 14725 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 10996 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | LEASES PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | BUILDERS DAMAGE DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | AD VALOREM TAX PAYABLE |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1569264 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 61540 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ASSOCIATION CONSISTS OF TWO CLASSES OF MEMBERS. THE FIRST CLASS IS FULL VOTING MEMBERS. THEY MAY VOTE FOR THE ELECTION OF DIRECTORS AND UPON ALL MATTERS WHICH REQUIRE A VOTE OF THE MEMBERSHIP. THE SECOND CLASS IS ASSOCIATE MEMBERS. THEY MAY VOTE FOR THE ELECTION OF DIRECTORS AND UPON ALL OTHER MATTERS CONCERNING THE COUNTRY CLUB AND GOLF COURSE WHICH REQUIRE A VOTE OF THE MEMBERSHIP, BUT NO OTHER MATTERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ASSOCIATION CONSISTS OF TWO CLASSES OF MEMBERS. THE FIRST CLASS IS FULL VOTING MEMBERS. THEY MAY VOTE FOR THE ELECTION OF DIRECTORS AND UPON ALL MATTERS WHICH REQUIRE A VOTE OF THE MEMBERSHIP. THE SECOND CLASS IS ASSOCIATE MEMBERS. THEY MAY VOTE FOR THE ELECTION OF DIRECTORS AND UPON ALL OTHER MATTERS CONCERNING THE COUNTRY CLUB AND GOLF COURSE WHICH REQUIRE A VOTE OF THE MEMBERSHIP, BUT NO OTHER MATTERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ASSOCIATION CONSISTS OF TWO CLASSES OF MEMBERS. THE FIRST CLASS IS FULL VOTING MEMBERS. THEY MAY VOTE FOR THE ELECTION OF DIRECTORS AND UPON ALL MATTERS WHICH REQUIRE A VOTE OF THE MEMBERSHIP. THE SECOND CLASS IS ASSOCIATE MEMBERS. THEY MAY VOTE FOR THE ELECTION OF DIRECTORS AND UPON ALL OTHER MATTERS CONCERNING THE COUNTRY CLUB AND GOLF COURSE WHICH REQUIRE A VOTE OF THE MEMBERSHIP, BUT NO OTHER MATTERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ASSOCIATION HAS FORM 990 AND 990-T ON FILE AT THE ASSOCIATION'S OFFICE. THE FORM IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | OTHER FEES 324,264 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | BAD DEBTS 121,480 0 0 TAXES & LICENSES 73,215 0 0 FUEL COSTS 36,143 0 0 MISCELLANEOUS 30,527 0 0 TELEPHONE 29,101 0 0 MERCHANDISE COSTS 21,681 0 0 UNIFORMS AND LINENS 9,423 0 0 VEHICLE EXPENSES 1,970 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 24E |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 2583043 |
| IRS990/TotalAssetsEOYAmt | 0 | 2544175 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2583043 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2544175 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 87 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2894948 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2894948 |
| IRS990/TotalGrossUBIAmt | 0 | 241258 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 554741 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 512442 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 554741 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 512442 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2028302 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2031733 |
| IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt | 0 | 47617 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 47617 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2894948 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 2898102 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 277 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2656844 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2898379 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 241258 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2583043 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2544175 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | true |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 2028302 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 2031733 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVEN SASSER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2516260788 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAKE FOREST PROPERTY OWNERS' |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAKE |
| ReturnHeader/Filer/EIN | 0 | 630787921 |
| ReturnHeader/Filer/PhoneNum | 0 | 2516260788 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1 GOLF TERRACE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DAPHNE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 36526 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 631238802 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ROBERTSON ANDREOLI & COVINGTON PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 100 HAND AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BAY MINETTE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 365074825 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2519375561 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL R ANDREOLI |
| ReturnHeader/ReturnTs | 0 | 2016-11-15T08:03:25-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $2,544,175
- Liabilities
- $512,442
- Net assets
- $2,031,733
- Revenue
- $2,898,379
- Expenses
- $2,894,948
- Net income
- $3,431