Olive Grove Golf Course INC: Nonprofit Profile, Financials & Form 990 (EIN 46-0402884)

Revenue by fiscal year
FY2020	$133K
FY2021	$333K
FY2022	$381K
FY2023	$0
FY2024	$351K

Expenses by fiscal year
FY2020	Not on file
FY2021	$93K
FY2022	$303K
FY2023	$1K
FY2024	$370K

Net assets by fiscal year
FY2020	$94K
FY2021	$462K
FY2022	$564K
FY2023	$10K
FY2024	$28K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

91%

Program services 91% · $335K Fundraising 9% · $35K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation

Angie Sombke

Secretary

$0Pt VII · Sec A

Brenda Waage

President

$0Pt VII · Sec A

See Olive Grove Golf Course INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides fun, community-building activities for everyone.

Questions for Olive Grove Golf Course INC

Tap to ask. Olive Grove Golf Course INC sees how many people are interested.

Your first name shows with your question. Olive Grove Golf Course INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2024

01

The golf course provides a major recreational facility for the community of groton. The use by young and old has promoted community spirit, giving incentive to community growth and continues to provide social, business & recreational activities.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$351K

Ln 12

Fees for servicesLn 2g$197K

Gifts and grantsLn 1h$142K

Investment incomeLn 3$7K

Money outPt IX

$370K

Ln 25

Programscol B$335K

Fundraisingcol D$35K

Owns and owesPt X

$28K

net assets · Ln 32

Cash and savingsLn 1–2$64K

Total assetsLn 16$167K

LiabilitiesLn 26$139K

PeoplePt VI, VII

2

listed · VII A

PaidVII A0

Voting boardVI 1a8

IndependentVI 1b8

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$142K

Fees for servicesLn 2g$197K

Investment incomeLn 3$7K

Other incomeLn 4–11$4K

Gains on assetsLn 7$5K

Total revenueLn 12$351K

Assets in detailPt X, end of year

CashLn 1$64K

Cash and savings togetherLn 1–2$64K

Land, buildings, equipmentLn 10c$104K

Total assetsLn 16$167K

LiabilitiesLn 26$139K

Net assetsLn 32$28K

OperationsPt I, VI

EmployeesI 54

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2		$64K
Land, buildings, equipmentLn 10c	$10K	$104K
Total assetsLn 16	$10K	$167K
LiabilitiesLn 26	$0	$139K
Net assetsLn 32	$10K	$28K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$108K	$108K
Payroll taxesLn 10	$17K	$17K
Professional fundraising feesLn 11e	$35K			$35K
Advertising and promotionLn 12	$550	$550
Office expensesLn 13	$6K	$6K
RoyaltiesLn 15	$91	$91
OccupancyLn 16	$51K	$51K
InterestLn 20	$2K	$2K
Depreciation, depletion and amortizationLn 22	$46K	$46K
InsuranceLn 23	$9K	$9K
Other expenses (24a–d)Ln 24	$65K	$65K
All other expensesLn 24e	$29K	$29K
Total functional expensesLn 25	$370K	$335K	$0	$35K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$351K	$370K	−$19K	$28K	990 PDF
FY2023	$0	$1K	−$1K	$10K	990 PDF
FY2022	$381K	$303K	$78K	$564K	990 PDF
FY2021	$333K	$93K	$240K	$462K	990 PDF
FY2020	$133K			$94K	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $350,649 revenue, 12 lines filed

I-8 Contributions and grants$142,368

I-9 Program service revenue$197,217

I-10 Investment income$7,252

I-11 Other revenue$3,812

I-12 Total revenue$350,649

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefits$125,334

I-16a Professional fundraising fees$34,616

I-17 Other expensesPrior year $1,442$209,872

I-18 Total expensesPrior year $1,442$369,822

I-19 Revenue less expensesPrior year −$1,442−$19,173

Part VI · Governance 8 of 8 board members independent, 4 to look at

VI-1a Voting members of the governing body8

VI-1b Independent voting members8

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $350,649 across 7 lines filed

Lines not itemized here account for $9,522 of total revenue; see the IRS return.

VIII-1b Membership dues$80,307

VIII-1f All other contributions, gifts and grants$62,061

VIII-1h Total contributions, gifts and grants$142,368

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $191,507$191,507

VIII-3 Investment incomeRelated to mission $2,552$2,552

VIII-7 Net gain or loss on sales of assetsRelated to mission $4,700$4,700

VIII-12 Total revenueRelated to mission $204,469 · Excluded from tax $3,812$350,649

Part IX · Statement of functional expenses $369,822 across 12 lines filed

IX-7 Other salaries and wagesPrograms $108,386$108,386

IX-10 Payroll taxesPrograms $16,948$16,948

IX-11e Professional fundraising feesFundraising $34,616$34,616

IX-12 Advertising and promotionPrograms $550$550

IX-13 Office expensesPrograms $5,682$5,682

IX-15 RoyaltiesPrograms $91$91

IX-16 OccupancyPrograms $51,350$51,350

IX-20 InterestPrograms $2,472$2,472

IX-22 Depreciation, depletion and amortizationPrograms $46,191$46,191

IX-23 InsurancePrograms $9,166$9,166

IX-24 Other expenses (24a–d)Programs $65,072$65,072

IX-24e All other expensesPrograms $29,298$29,298

IX-25 Total functional expensesPrograms $335,206 · Management $0 · Fundraising $34,616$369,822

Part X · Balance sheet $167,125 assets, 10 lines filed

X-1 Cash, non-interest-bearing$63,559

X-10c Land, buildings and equipment, netStart of year $9,734$103,566

X-16 Total assetsStart of year $9,734$167,125

X-17 Accounts payable and accrued expenses$3,680

X-24 Unsecured notes and loans payable$101,179

X-25 Other liabilities$34,407

X-26 Total liabilitiesStart of year $0$139,266

X-27 Net assets without donor restrictionsStart of year $9,734$27,859

X-32 Total net assets or fund balancesStart of year $9,734$27,859

X-33 Total liabilities and net assetsStart of year $9,734$167,125

Part XI · Reconciliation of net assets $27,859 net assets at year end

XI-1 Total revenue$350,649

XI-2 Total expenses$369,822

XI-3 Revenue less expenses−$19,173

XI-4 Net assets at start of year$9,734

XI-9 Other changes in net assets$37,298

XI-10 Net assets at end of year$27,859

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org