MEGU501(c)(7) · MEDIUMNAICS 713910EIN 01-0119385

Megunticook Golf Club

Rockport, ME · founded 1967
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$1.07M
▲ 10.2% YoY
FY23 Total Expenses
$1.07M
▲ 11.7% YoY
Operating Margin
0.2%
revenue minus expenses ÷ revenue
Employees
20
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$1.1M
▲ 40.3% / 5y
7657798819731.1
Expenses
$1.1M
▲ 35.6% / 5y
7907878759591.1
Total Assets
$1.4M
▼ 5.3% / 5y
1.41.41.41.41.4
Total Liabilities
$23K
▼ 80.0% / 5y
11463464123

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$765K$779K$881K$973K$1.1M+40.3%
Expenses$790K$787K$875K$959K$1.1M+35.6%
Net surplus-$25K-$8K$6K$15K$2K-106.7%
Total assets$1.4M$1.4M$1.4M$1.4M$1.4M-5.3%
Total liabilities$114K$63K$46K$41K$23K-80.0%
Net assets$1.3M$1.3M$1.3M$1.3M$1.4M+1.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 15 unpaid officers/directors as reported (ART SCHICK, AUDREY SCHICK, BETSY HENSHAW, +12 more)

All 15 listed officers reported $0 compensation — volunteer board.

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES AND ASSESS.$745,980
RESTAURANT & CLUBHOUSE$119,361
GOLF PROGRAM$117,327
TENNIS PROGRAM$30,268
YOUTH SUMMER CAMP$6,731

MFounded in 1967, Megunticook Golf Club reported $1.07M of revenue for FY23, at an operating margin of 0.2%. Revenue moved up 10.2% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.

Source documents
Form 990, FY2023 · period ending Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Oct 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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