Civic Intelligence

Rip Club

990 • Fiscal year 2019 • EIN 80-0815440

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 05, 2020

PO Box 460Carthage, TX 75633

(906) 693-9900

Siviq Scores

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

Liabilities / Assets

81st percentile

0.19x

Higher debt load relative to assets than 81% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Net Margin

32nd percentile

-3.1%

Higher net margin than 32% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Asset Growth

8th percentile

-34%

Faster asset growth than 8% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

96th percentile

83%

Faster revenue growth than 96% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$33,495

Down $17,093 (-34%) from 2018

Net Assets

Down

$26,990

Down $13,437 (-33%) from 2018

Liabilities

Down

$6,505

Down $3,656 (-36%) from 2018

Revenue

Up

$434,898

Up $197,080 (+83%) from 2018

Expenses

Up

$448,335

Up $250,098 (+126%) from 2018

Net Income

Down

-$13,437

Down $53,018 (-134%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $201Net Assets 2016: $2012016Assets 2017: $846Net Assets 2017: $8462017Assets 2018: $50,588Liabilities 2018: $10,161Net Assets 2018: $40,4272018Assets 2019: $33,495Liabilities 2019: $6,505Net Assets 2019: $26,9902019Assets 2020: $28,949Liabilities 2020: $6,941Net Assets 2020: $22,0082020Assets 2021: $32,225Liabilities 2021: $7,376Net Assets 2021: $24,8492021Assets 2022: $47,414Liabilities 2022: $7,666Net Assets 2022: $39,7482022Assets 2023: $55,685Liabilities 2023: $7,771Net Assets 2023: $47,9142023Assets 2024: $67,494Liabilities 2024: $7,781Net Assets 2024: $59,7132024Assets 2025: $122,621Liabilities 2025: $3,309Net Assets 2025: $119,3122025

Highlighted filing

2019

Assets$33,495
Liabilities$6,505
Net Assets$26,990

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $35,281Expenses 2016: $36,305Net Income 2016: -$1,0242016Revenue 2017: $30,532Expenses 2017: $29,887Net Income 2017: $6452017Revenue 2018: $237,818Expenses 2018: $198,237Net Income 2018: $39,5812018Revenue 2019: $434,898Expenses 2019: $448,335Net Income 2019: -$13,4372019Revenue 2020: $454,419Expenses 2020: $459,401Net Income 2020: -$4,9822020Revenue 2021: $535,254Expenses 2021: $532,413Net Income 2021: $2,8412021Revenue 2022: $662,891Expenses 2022: $647,992Net Income 2022: $14,8992022Revenue 2023: $657,499Expenses 2023: $649,333Net Income 2023: $8,1662023Revenue 2024: $707,264Expenses 2024: $695,465Net Income 2024: $11,7992024Revenue 2025: $788,874Expenses 2025: $729,275Net Income 2025: $59,5992025

Highlighted filing

2019

Revenue$434,898
Expenses$448,335
Net Income-$13,437
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 5, 2020
Return Version
2019v5.0
Gross Receipts
$434,898
Mission and Program Overview

Mission

The organization's primary exempt purpose is to provide a private golf club for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$50,588$33,495▼ $17,093
Total Assets$50,588$33,495▼ $17,093
Liabilities
Unsecured Notes Loans Payable$5,000$5,000→ $0
Accounts Payable and Accrued Expenses$5,161$1,505▼ $3,656
Total Liabilities$10,161$6,505▼ $3,656
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$40,427$26,990▼ $13,437
Total Net Assets Fund Balance$40,427$26,990▼ $13,437
Total Liabilities and Net Assets / Fund Balance$50,588$33,495▼ $17,093
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ernest DunnPres
Ron DunnSec.
Kathy DunnVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$434,898
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-13,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$448,335
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$7,900
All Other Expenses---$7,539
Total Functional Expenses$0$0$0$448,335
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
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, 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
Rip Club
EIN
80-0815440
Phone
9066939900
Address
PO BOX 460, CARTHAGE, TX 75633

Signing Officer

Name
Ernest Dunn
Title
Pres
Phone
7138581612
Signed
2020-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernest Dunn
Formed
2011
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
James M Wolfe CPA
Address
309 W SABINE STE 6, CARTHAGE, TX 75633-2500
Preparer
James M Wolfe CPA
Phone
9036933700
Raw XML Appendix227 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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ReturnHeader/BuildTS02020-11-06 18:47:13Z
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings