| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $0 | $3.3M | $4.0M | $4.8M | $5.0M | — |
| Expenses | $235K | $3.2M | $4.0M | $4.9M | $5.3M | +2156.2% |
| Net surplus | -$235K | $100K | $1K | -$100K | -$265K | +12.8% |
| Total assets | $6.4M | $6.6M | $7.3M | $8.2M | $10.8M | +67.5% |
| Total liabilities | $1.8M | $1.7M | $2.5M | $3.5M | $6.3M | +244.0% |
| Net assets | $4.6M | $4.9M | $4.9M | $4.8M | $4.5M | -2.5% |
| Officer · Employee | Reportable | Other |
|---|---|---|
SUSANNAH MILLER General Manager· 40h/wk | $170,148 | $22,831 |
KEVIN RICE CLUBHOUSE MANAGER· 40h/wk | $141,074 | $15,627 |
BRIAN CURTIS GOLF SUPERINTENDENT· 40h/wk | $109,615 | $17,039 |
KEITH OHR Head Golf Professional· 40h/wk | $109,556 | $27,790 |
KAREN GROODY Controller· 40h/wk | $108,900 | — |
+ 9 unpaid officers/directors as reported (AMY FAUST, ANDREW SWAN, BRENT ETSCORN, +6 more)
| Vendor | Service | Paid |
|---|---|---|
SANDERS GOLF LLC BARTLETT, TN | GOLF COURSE CONSTRUCTION CONTRACTOR | $1,388,021 |
PHOENIX POOLS LLC LOUISVILLE, KY | POOL MAINTENANCE & CONSTRUCTION CONTRACT | $295,697 |
TRIPLE H SERVICES LLC NEWLAND, NC | MAINTENANCE | $213,527 |
SPRAY-TEC INC SHELBYVILLE, KY | INSULATION CONTRACTOR | $162,584 |
SULLIVAN COZART LOUISVILLE, KY | CLUBHOUSE REMODELING | $100,243 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $2,494,602 |
| GOLF | $873,305 |
| ASSESSMENTS | $312,009 |
| INITIATION FEES | $294,250 |
| SWIMMING | $7,220 |
LFounded in 2004, Lake Forest Country Club Inc reported $5.03M of revenue for FY23, at an operating margin of -5.3%. Revenue moved up 5.4% 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.