TY 2019 Form 990

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) Kevin Conner......................................................................
General Manager (Until Sept 2019)

40.00
.................

79,819

10,480

(2) Tab Roper......................................................................
General Manager (From Sept 2019)

40.00
.................

10,582

(3) Jason Robertson......................................................................
President

1.00
.................

(4) Bill Johnson......................................................................
Vice President

1.00
.................

(5) Dave Roberts......................................................................
Treasurer

1.00
.................

(6) Gail Northness......................................................................
Secretary

1.00
.................

(7) Jim Colby......................................................................
Director

0.50
.................

(8) Toi Williamson......................................................................
Director

0.50
.................

(9) Kimball Gourley......................................................................
Director

0.50
.................

(10) Susan Allison......................................................................
Director (Until 12/19/19)

0.50
.................

(11) Linda Payne Smith......................................................................
Director

0.50
.................

(12) Kit Herndon......................................................................
Director

0.50
.................

(13) Lori Ewing......................................................................
Director

0.50
.................

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

	(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

1.(a) Description of liability	(b) Book value
(1) Federal income taxes

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1..................	3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................	2e
3	Subtract line 2e from line 1...................	3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

Return Reference	Explanation
Part X, Line 2:	Management believes that the Club has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Club would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

Boise Racquet and Swim Club

Employer identification number

82-0277453

Return Reference	Explanation
Form 990, Part VI, Section A, line 1	A majority of the members of the Executive Committee shall be empowered to take all actions and make such decisions as the Board of Directors might otherwise be authorized to take, subject to the prior authorization, or subsequent ratification, of a majority of the full Board of Directors. The Executive Committee shall consist of the duly elected President, Vice President, Secretary and Treasurer of the Board of Directors. The Executive Committee shall be chaired by the President of the corporation.
Form 990, Part VI, Section A, line 6	The Organization has two classes of members, Shareholding and Non-Shareholding. All Shareholding Members have one share of stock with voting rights.
Form 990, Part VI, Section A, line 7a	At each election of Directors, each Shareholding Member entitled to vote may vote for as many persons as there are Directors to be elected.
Form 990, Part VI, Section A, line 7b	Member shareholders vote on the authorization of assessments for operating purposes, capital expenditures, or improvements as well as changes to bylaws.
Form 990, Part VI, Section B, line 11b	The General Manager and Bookkeeper, and then the Finance Committee conduct a detailed review of the Draft Form 990. Prior to filing the final return, the entire Board of Directors is presented with a copy of the Form 990 for comment.
Form 990, Part VI, Section B, line 12c	The Club's Conflict of Interest Policy applies to the Board of Directors. Any director with a direct or indirect interest in a contract or other transaction presented to the board for approval shall make a prompt and full disclosure of the material facts of the transaction and the director's interest to the board prior to the board's acting on such contract or transaction. An indirect interest shall mean if another entity in which the director has a material interest is a party to the transaction; or if another entity of which the director is a director, officer, general partner, manager or trustee is a party to the transaction. A conflict of interest transaction is authorized, approved or ratified if it receives the affirmative vote of a majority of the directors on the board with no direct or indirect interest in the transaction.
Form 990, Part VI, Section B, line 15	General Manager compensation is reviewed annually by the Personnel Committee of the Board and approved by the Board of Directors.
Form 990, Part VI, Section C, line 19	Documents are made available to shareholders upon request.
Form 990, Part XI, line 9:	Prior period restatement related to recognition of membership dues revenue. -53,857.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: To promote athletics and fitness by providing recreational and social facilities to members.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	10
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	10
5	Total number of individuals employed in calendar year 2019 (Part V, line 2a) ......	5	73
6	Total number of volunteers (estimate if necessary) .............	6	11
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	200,638
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	7,055
9	Program service revenue (Part VIII, line 2g) .........	1,747,432	1,790,399
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	20	225
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	31,211	73,150
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	1,778,663	1,870,829
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	528	447
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	1,036,779	1,019,583
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	670,259	652,634
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	1,707,566	1,672,664
19	Revenue less expenses. Subtract line 18 from line 12.......	71,097	198,165
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	2,228,963	2,301,297
21	Total liabilities (Part X, line 26).............	992,972	920,998
22	Net assets or fund balances. Subtract line 21 from line 20.....	1,235,991	1,380,299

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	The purpose as documented in the Articles of Incorporation is to establish and maintain a recreation facility whereupon all athletic sports (particularly tennis and swimming) may be conducted. Throughout the year such a facility is operated and maintained for the benefit and enjoyment of members who are individuals and families, numbering approximately 658. The facilities are used year round for tennis, fitness and other recreational and athletic purposes including seasonal swimming.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	90,401	0	10,480

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c	3,455
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	3,600

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		7,055

		Business Code
2a	Tennis	713940	827,850	642,789	185,061
b	Membership Dues & Asse	813410	764,884	764,884	0
c	Fitness Training	713940	83,431	79,022	4,409
d	Swimming	713940	77,576	69,423	8,153
e	Socials and Lockers	813410	36,658	36,658	0
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		1,790,399

3 Investment income (including dividends, interest, and othersimilar amounts) ......			225		225
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)			7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ 3,455of contributions reported on line 1c). See Part IV, line 18 ....
			8a	220
b	Less: direct expenses ...		8b	4,938
c	Net income or (loss) from fundraising events..			-4,718			-4,718
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a	191,235
b	Less: cost of goods sold ..		10b	113,367
c	Net income or (loss) from sales of inventory..			77,868		2,790	75,078
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			1,870,829	1,592,776	200,638	70,360

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	447
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	100,881
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	776,899
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	7,744
9	Other employee benefits .......	71,821
10	Payroll taxes ...........	62,238
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	9,712
12	Advertising and promotion ....
13	Office expenses .......	77,406
14	Information technology ......	21,978
15	Royalties ..
16	Occupancy ...........	127,386
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	1,534
20	Interest ...........	42,560
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	143,234
23	Insurance ...	33,001
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	Repairs & Maintenance	106,404
b	Instruction, Tournament	80,560
c	Member Retention Expens	4,757
d	Licenses & Permits	2,271
e	All other expenses	1,831
25	Total functional expenses. Add lines 1 through 24e	1,672,664
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			177,371	1	114,056
2	Savings and temporary cash investments .........			24,910	2	200,136
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............			6,844	8	3,845
9	Prepaid expenses and deferred charges ......			8,924	9	2,900
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	5,047,939
b	Less: accumulated depreciation	10b	3,067,579	2,010,914	10c	1,980,360
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 33)...			2,228,963	16	2,301,297

17	Accounts payable and accrued expenses .....	129,583	17	111,589
18	Grants payable ...		18
19	Deferred revenue .........	9,403	19	92,300
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..	853,986	23	717,109
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D		25
26	Total liabilities. Add lines 17 through 25..	992,972	26	920,998

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	1,215,477	27	1,380,299
28	Net assets with donor restrictions ...........	20,514	28	0
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	1,235,991	32	1,380,299
33	Total liabilities and net assets/fund balances ........	2,228,963	33	2,301,297

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land .....	111,410		111,410
b	Buildings ....	4,595,599	2,807,361	1,788,238
c	Leasehold improvements
d	Equipment ....	137,515	129,531	7,984
e	Other .....	203,415	130,687	72,728
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				1,980,360

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)