Twin Lakes Golf Association
- Assets
- $231.8k
- Revenue
- $472.0k
- Investments
- $0.0
- Employees
- 23
- Location
- Mountain Home, AR
- Founding
- 08/1983
- Data as of
- 12/2021
- EIN
- 71-0303358
Organization Overview
Twin Lakes Golf Association is located in Mountain Home, AR. The organization was established in 1983. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Twin Lakes Golf Association employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin Lakes Golf Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Twin Lakes Golf Association generated $472.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $560.1k during the year ending 12/2021. While expenses have increased by 3.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION, MAINTENANCE AND IMPROVEMENT TO GOLF COURSE FOR MEMBERS AND COMMUNITY AT LARGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION, MAINTENANCE AND IMPROVEMENT TO GOLF COURSE FOR MEMBERS AND COMMUNITY AT LARGE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Schisler Secretary | Officer | 5 | $0 |
Scott Koplin President | Officer | 3 | $0 |
Richard Karrier Treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $210,330 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $210,330 |
| Total Program Service Revenue | $145,399 |
| Investment income | $88 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $126,303 |
| Net Gain/Loss on Asset Sales | -$10,868 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $713 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $471,965 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $237,451 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,703 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,443 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,232 |
| Insurance | $16,707 |
| All other expenses | $0 |
| Total functional expenses | $560,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,190 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$14,176 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,365 |
| Prepaid expenses and deferred charges | $8,711 |
| Net Land, buildings, and equipment | $186,727 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $231,817 |
| Accounts payable and accrued expenses | $20,203 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $76,581 |
| Other liabilities | $0 |
| Total liabilities | $96,784 |
| Net assets without donor restrictions | $135,033 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $231,817 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cw Operating Company Inc The Woodlands, TX | $35,688,745 | $20,678,239 |
Municipal Golf Association - Sa San Antonio, TX | $22,331,524 | $17,216,493 |
Century Club Charities Inc Ridgeland, MS | $7,710,776 | $11,649,002 |
Texas Golf Association Addison, TX | $2,534,829 | $5,619,733 |
Southern Texas Professional Golfers Association Foundation Spring, TX | $1,262,377 | $3,073,197 |
Houston Municipal Golf Association Inc Houston, TX | $10,363,171 | $2,409,607 |
Tennessee Golf Association Inc Franklin, TN | $4,139,217 | $1,862,884 |
Long Game Youth Foundation Of Central Texas Austin, TX | $2,484,827 | $2,206,567 |
South Central Section Of The Profes Sional Golf Association Broken Arrow, OK | $1,539,248 | $1,298,771 |
The First Tee Of Greater Houston Inc Houston, TX | $2,306,318 | $1,268,707 |
Ward County Golf Association Monahans, TX | $334,197 | $1,006,663 |
Metropolitan Amateur Golf Association Inc St Louis, MO | $741,254 | $893,233 |