Civic Intelligence

Rip Club

990 • Fiscal year 2023 • EIN 80-0815440

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 28, 2024

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

66th percentile

0.14x

Higher debt load relative to assets than 66% of similar nonprofits.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

44th percentile

0.01x

Higher debt load relative to revenue than 44% of similar nonprofits.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2023

Net Margin

39th percentile

1.2%

Higher net margin than 39% of similar nonprofits.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

2023 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2023

Asset Growth

83rd percentile

17%

Faster asset growth than 83% of similar nonprofits.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

29th percentile

-0.8%

Faster revenue growth than 29% of similar nonprofits.

2023 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$55,685

Up $8,271 (+17%) from 2022

Net Assets

Up

$47,914

Up $8,166 (+21%) from 2022

Liabilities

Up

$7,771

Up $105 (+1.4%) from 2022

Revenue

Down

$657,499

Down $5,392 (-0.8%) from 2022

Expenses

Up

$649,333

Up $1,341 (+0.2%) from 2022

Net Income

Down

$8,166

Down $6,733 (-45%) from 2022

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

2023

Assets$55,685
Liabilities$7,771
Net Assets$47,914

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

2023

Revenue$657,499
Expenses$649,333
Net Income$8,166
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 28, 2024
Return Version
2023v5.0
Gross Receipts
$657,499
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$47,414$55,685▲ $8,271
Total Assets$47,414$55,685▲ $8,271
Liabilities
Unsecured Notes Loans Payable$5,000$5,000→ $0
Accounts Payable and Accrued Expenses$2,666$2,771▲ $105
Total Liabilities$7,666$7,771▲ $105
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$39,748$47,914▲ $8,166
Total Net Assets Fund Balance$39,748$47,914▲ $8,166
Total Liabilities and Net Assets / Fund Balance$47,414$55,685▲ $8,271
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
$657,499
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$8,166
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$649,333
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
Fees for Services Management---$576,239
Other Expenses---$5,009
All Other Expenses---$1,965
Total Functional Expenses$0$0$0$649,333
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
2024-03-28
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 Appendix224 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/BuildTS02023-04-26 12:10:37Z
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Filings