ITHA501(c)(7) · MEDIUMNAICS 713910EIN 15-0348800
Country Club Of Ithaca
Ithaca, NY · founded 1957
10 filings on recordFY 2011–2020medium confidence
Compare to peers →FY20 Total Revenue
$176k
▼ 87.0% YoY
FY20 Total Expenses
$220k
▼ 84.5% YoY
Operating Margin
-24.8%
revenue minus expenses ÷ revenue
Employees
13
headcount as reported on filing
The Five-Year Picture
FY2016 — FY2020 · as filed
Revenue
$176K
▼ 88.2% / 5y
Expenses
$220K
▼ 85.7% / 5y
Total Assets
$0
▼ 100.0% / 5y
Total Liabilities
$0
▼ 100.0% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY16 | FY17 | FY18 | FY19 | FY20 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $1.5M | $1.4M | $1.3M | $1.4M | $176K | -88.2% |
| Expenses | $1.5M | $1.6M | $1.5M | $1.4M | $220K | -85.7% |
| Net surplus | -$50K | -$118K | -$159K | -$60K | -$44K | -13.1% |
| Total assets | $3.2M | $3.1M | $2.9M | $2.8M | $0 | -100.0% |
| Total liabilities | $4.0M | $4.0M | $4.0M | $3.9M | $0 | -100.0% |
| Net assets | -$788K | -$908K | -$1.1M | -$1.1M | $0 | -100.0% |
Officer & staff compensation
FY20 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
THOMAS SMITH General Manager· 40h/wk | $3,694 | — |
+ 8 unpaid officers/directors as reported (ELLIOT RUBINSTEIN, GEORGE HAY, JIM KIRKWOOD, +5 more)
Top contractors
FY20 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY20 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $144,365 |
| OTHER INCOME | $30,818 |
| GOLF REVENUE | $2,782 |
| PRO SHOP MERCHANDISE S | $91 |
Balance sheet & capital
FY20 · IRS Form 990, Part X
Mortgages & notes payable
$0
▼ $3.3M paid down
Net land, buildings & equipment
$0
book value, net of depreciation
Facility age
—
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY20 · Form 990, Part IX
| Insurance | $16,033 |
| Occupancy | $43,880 |
| Depreciation & depletion | $45,093 |
| Accounting fees | $3,197 |
| Other professional fees | $1,221 |
CFounded in 1957, Country Club Of Ithaca reported $176k of revenue for FY20, at an operating margin of -24.8%. Revenue moved down 87.0% 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
The Quarterly · free
Get Country Club Of Ithaca’s next filing — the day it posts.
We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.
Quarterly only · no spam
Free · quarterly · unsubscribe in one click
Similar clubs
matched on revenue, geography & business mix
Same revenue band
DTEEDeer Trails Country Club Inc
Revenue $176K — near your $176K
$176Kcompare →
VPILVille Platte Golf And Country Club Inc
Revenue $177K — near your $176K
$177Kcompare →
TECUTecumseh Country Club Inc
Revenue $176K — near your $176K
$176Kcompare →
Same state · NY
KVEEKeene Valley Country Club Inc
NY club · $201K
$201Kcompare →
AITTAttica Golf Club Incorporated
NY club · $201K
$201Kcompare →
GOUVGouverneur Country Club Inc
NY club · $151K
$151Kcompare →
Similar revenue mix
BARIBaring Country Club
100% similar revenue mix
$185Kcompare →
ASTKAtkinson Stuart Country Club
100% similar revenue mix
$223Kcompare →
MALDMalden Country Club
99% similar revenue mix
$200Kcompare →