FRAN501(c)(7) · MEDIUMNAICS 713910EIN 04-1342215

Franklin Country Club Inc

Franklin, MA · founded 1969
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$4.19M
▼ 8.1% YoY
FY23 Total Expenses
$4.05M
▼ 0.0% YoY
Operating Margin
3.4%
revenue minus expenses ÷ revenue
Employees
214
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$4.2M
▲ 15.8% / 5y
3.63.63.94.64.2
Expenses
$4.0M
▲ 20.6% / 5y
3.43.43.54.04.0
Total Assets
$8.1M
▲ 8.2% / 5y
7.57.98.18.38.1
Total Liabilities
$4.1M
▼ 15.2% / 5y
4.95.14.84.54.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.6M$3.6M$3.9M$4.6M$4.2M+15.8%
Expenses$3.4M$3.4M$3.5M$4.0M$4.0M+20.6%
Net surplus$263K$237K$461K$512K$142K-46.0%
Total assets$7.5M$7.9M$8.1M$8.3M$8.1M+8.2%
Total liabilities$4.9M$5.1M$4.8M$4.5M$4.1M-15.2%
Net assets$2.6M$2.9M$3.3M$3.8M$4.0M+51.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 18 unpaid officers/directors as reported (ANTHONY CORNETTA, ANTHONY COSTA, BETTY ANN WAKELY, +15 more)

All 18 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 & Assessments$3,289,494
CART RENTAL INCOME$438,875
COURSE FEES$401,183
LOCKER ROOM FEES$22,840
POOL FEES$9,950

FFounded in 1969, Franklin Country Club Inc reported $4.19M of revenue for FY23, at an operating margin of 3.4%. Revenue moved down 8.1% 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 Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 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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