FARGO COUNTRY CLUB INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- FARGO COUNTRY CLUB INC (EIN 45-0129400)
- Tax period
- 2010-12-01 to 2011-11-30
- Filed
- 2012-04-11
- IRS object ID
- 201241029349300039
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-04-11T13:57:48-05:00 | Timestamp |
| Tax Period End Date | 2011-11-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIEBIGER SWANSON WEST & COPLLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2537 S UNIVERSITY DR STE 200 | AddressLine1 |
| City | FARGO | City |
| State | ND | State |
| ZIP Code | 58103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-12-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450129400 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FARGO COUNTRY CLUB | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FARG | NameControl |
| Phone | 7012379122 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 509 26TH AVENUE SOUTH | AddressLine1 |
| City | FARGO | City |
| State | ND | State |
| ZIP Code | 58103 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MIKE REEK | Name |
| Title | GENERAL MANAGER | Title |
| Phone | 7012379122 | Phone |
| Date Signed | 2012-04-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RALPH HANSEN CPA | Name |
| Phone | 7012802100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MIKE REEK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 509 26TH AVENUE SOUTH | AddressLine1 |
| City | FARGO | City |
| State | ND | State |
| ZIP Code | 58103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4810065 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | FARGOCC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1898 | YearFormation |
| State Legal Domicile | ND | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE OUR MEMBERS, THEIR FAMILIES AND GUESTS, A PRIVATE AND PRESTIGIOUS COUNTRY CLUB ENVIRONMENT THROUGH PREMIERE GOLF FACILITIES, OUTSTANDING DINING, AND EXCEPTIONAL RECREATIONAL AND SOCIAL ACTIVITIES | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 198 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 1432 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 432 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2110149 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2303909 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2433 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1432 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1061609 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1824767 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3174191 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4130108 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1764338 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1857014 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1478598 | OtherExpensePriorYear |
| Other Expenses Current Year | 1747995 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3242936 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3605009 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -68745 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 525099 | RevenuesLessExpensesCY |
| Total Assets BOY | 5648309 | TotalAssetsBOY |
| Total Assets EOY | 7176025 | TotalAssetsEOY |
| Total Liabilities BOY | 2246467 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3247306 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3401842 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3928719 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE OUR MEMBERS, THEIR FAMILIES AND GUESTS, A PRIVATE AND PRESTIGIOUS COUNTRY CLUB ENVIRONMENT THROUGH PREMIERE GOLF FACILITIES, OUTSTANDING DINING, AND EXCEPTIONAL RECREATIONAL AND SOCIAL ACTIVITIES | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2959686 | Expense |
| Revenue | 3834411 | Revenue |
| Description | TO PROVIDE OUR MEMBERS, THEIR FAMILIES AND GUESTS, A PRIVATE AND PRESTIGIOUS COUNTRY CLUB ENVIRONMENT THROUGH PREMIERE GOLF FACILITIES, OUTSTANDING DINING, AND EXCEPTIONAL RECREATIONAL AND SOCIAL ACTIVITIES. | Description |
| Total Program Service Expense | 2959686 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 12 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 198 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Initiation Fees | $0 | InitiationFeesAmount |
| Gross Receipts | $0 | GrossReceiptsAmount |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | ND | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MANAGEMENT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7012379122 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 509 26TH AVENUE SOUTH FARGO ND | AddressLine1 |
| City | FARGO | City |
| State | ND | State |
| ZIP Code | 58103 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| JIM ALEXANDER | |||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | |
| DAVID BOOTH | |||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 4513 | |
| TIM O'KEEFFE | |||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | |
| BILL MODRICH | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL WEINER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RANDY SCHWARTZ | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| WAYNE CARLSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RICK RAYL | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RANDY JOHNSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DEB SOLIAH | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL REEK | |||||||
| GENERAL MANAGER | 40.00 | 134216 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 134216 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 4513 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MEMBERSHIP DUES & ASSE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 2303909 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2303909 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2303909 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1432 | TotalRevenueColumn |
| Unrelated Business Revenue | 1432 | UnrelatedBusinessRevenue |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 114478 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 13666 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 100812 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 100812 | TotalRevenueColumn |
| Related Or Exempt Function Income | 100812 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1603828 | GrossSalesOfInventory |
| Cost Of Goods Sold | 666291 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 937537 | TotalRevenueColumn |
| Related Or Exempt Function Income | 643272 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 294265 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| EXTRAORDINARY INCOME | 900099 | 716080 | 716080 |
| MISCELLANEOUS | 900099 | 44111 | 44111 |
| FINANCE CHARGES | 900099 | 13779 | 13779 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12448 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12448 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 786418 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4130108 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3834411 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 295697 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1740255 | Total |
| Program Services | 1474937 | ProgramServices |
| Management And General | 265318 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6329 | Total |
| Management And General | 6329 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87265 | Total |
| Program Services | 37680 | ProgramServices |
| Management And General | 49585 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23165 | Total |
| Management And General | 23165 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8800 | Total |
| Management And General | 8800 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13701 | Total |
| Management And General | 13701 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19004 | Total |
| Management And General | 19004 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18210 | Total |
| Management And General | 18210 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3973 | Total |
| Program Services | 3973 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6459 | Total |
| Program Services | 5317 | ProgramServices |
| Management And General | 1142 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6586 | Total |
| Management And General | 6586 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46871 | Total |
| Program Services | 46871 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 421550 | Total |
| Program Services | 421550 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 167499 | Total |
| Program Services | 88706 | ProgramServices |
| Management And General | 78793 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| SUPPLIES | 235761 | 235761 | |
| REPAIRS & MAINTENANCE | 216018 | 209273 | 6745 |
| GAS & OIL / UTILITIES | 191581 | 191581 | |
| REAL ESTATE TAXES | 79197 | 79197 | |
| LAUNDRY & LINEN | 76581 | 76581 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 236204 | Total |
| Program Services | 167456 | ProgramServices |
| Management And General | 68748 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3605009 | Total |
| Program Services | 2959686 | ProgramServices |
| Management And General | 645323 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44243 | BOY |
| EOY | 42117 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 192464 | BOY |
| EOY | 197119 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28022 | BOY |
| EOY | 95655 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117778 | BOY |
| EOY | 146809 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40625 | BOY |
| EOY | 55813 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 10597660 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4643388 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5225177 | BOY |
| EOY | 5954272 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 684240 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5648309 | BOY |
| EOY | 7176025 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 839961 | BOY |
| EOY | 806302 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1406506 | BOY |
| EOY | 1991004 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 450000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2246467 | BOY |
| EOY | 3247306 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3401842 | BOY |
| EOY | 3928719 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3401842 | BOY |
| EOY | 3928719 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5648309 | BOY |
| EOY | 7176025 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 525099 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1778 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 329127 | OtherCostOrOtherBasis |
| Book Value | 329127 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4681508 | OtherCostOrOtherBasis |
| Depreciation | 2461999 | Depreciation |
| Book Value | 2219509 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2403103 | OtherCostOrOtherBasis |
| Depreciation | 148064 | Depreciation |
| Book Value | 2255039 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3183922 | OtherCostOrOtherBasis |
| Depreciation | 2033325 | Depreciation |
| Book Value | 1150597 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 5954272 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EASEMENT RECEIVABLE | Description |
| Book Value | 684240 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 684240 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LINE OF CREDIT | Description |
| Amount | $450,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 450000 | TotalOfAmounts |
| Total Revenue | 4130108 | TotalRevenue |
| Total Expenses | 3605009 | TotalExpenses |
| Excess Or Deficit For Year | 525099 | ExcessOrDeficitForYear |
| Other | $1,778 | OtherAmount |
| Total Adjustments | 1778 | TotalAdjustments |
| Excess Or Deficit Per FS | 526877 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 4093985 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 679957 | OtherRevenues |
| Revenue Not Rptd F990 | 679957 | RevenueNotRptdF990 |
| Revenue Subtotal | 3414028 | RevenueSubtotal |
| Other Revenues Not Included | 716080 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 716080 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4130108 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4284966 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 679957 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 679957 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3605009 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3605009 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | ACCORDING TO GAAP, THE CLUB IS REQUIRED TO RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. AS OF NOVEMBER 30, 2011, NO SUCH LIABILITY EXISTED. MANAGEMENT WILL CONTINUALLY EVALUATE EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | PROPRIETARY CERTIFICATE ADDITIONAL PAID IN CAPITAL 57,975. ISSUANCE OF NON-PROPRIETARY CERTIFICATES 6,000. CERTIFICATES PENDING REDEMPTION 73,061. ND INCOME TAX -258. ISSUANCE/RETIREMENT OF PROPRIETARY CERTIFICATES -135,000. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES AND COST OF GOODS SOLD 679,957. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | EXTRAORDINARY INCOME 716,080. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES AND COST OF GOODS SOLD 679,957. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | FARGO COUNTRY CLUB HAS MEMBERS WHO PAY MEMBERSHIP DUES. THE MEMBERS ALSO ELECT THE GOVERNING BODY ANNUALLY. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE FARGO COUNTRY CLUB HOLDS ANNUAL ELECTIONS FOR ITS GOVERNING BODY. | |
| FORM 990, PART VI, SECTION A, LINE 7B | BYLAWS ARE APPROVED BY MEMBERS. THE BYLAWS REQUIRE PRIOR APPROVAL FROM THE MEMBERS BEFORE THE BOARD CAN MAKE MAJOR DECISIONS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | TAX RETURN IS PREPARED BY CPA AND THEN REVIEWED BY THE FINANCE DIRECTOR, GENERAL MANAGER, AND BOARD OF DIRECTORS. | |
| THE GENERAL MANAGER GOES THROUGH A FORMAL REVIEW & HIS COMPENSATION IS A CALCULATED INCENTIVE. THE BOARD PRESIDENT APPROVES HIS SALARY. THE OTHER EMPLOYEES ALSO GO THROUGH A REVIEW PROCESS TO DETERMINE THEIR WAGES. | FORM 990, PART VI, SECTION B, LINE 15 | |
| HE FARGO COUNTRY CLUB IS A PRIVATE CLUB, SO UPON REQUEST OF THE MEMBERS, THE CLUB PROVIDES THE FINANCIAL STATEMENTS. THE DOCUMENTS ARE ALSO PROVIDED TO THOSE INQUIRING ABOUT MEMBERSHIP IN THE COUNTRY CLUB. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | PROPRIETARY CERTIFICATE ADDITIONAL PAID IN CAPITAL 57,975. ISSUANCE OF NON-PROPRIETARY CERTIFICATES 6,000. CERTIFICATES PENDING REDEMPTION 73,061. ND INCOME TAX -258. ISSUANCE/RETIREMENT OF PROPRIETARY CERTIFICATES -135,000. TOTAL TO FORM 990, PART XI, LINE 5: 1,778. | FORM 990, PART XI, LINE 5: |
| PART XII, LINE 2C - THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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