TOWA501(c)(7) · MEDIUMNAICS 713910EIN 24-0743684
Towanda Country Club
Towanda, PA · founded 1969
10 filings on recordFY 2011–2020medium confidence
Compare to peers →FY20 Total Revenue
$528k
▼ 21.5% YoY
FY20 Total Expenses
$59k
▼ 91.0% YoY
Operating Margin
88.8%
revenue minus expenses ÷ revenue
Employees
2
headcount as reported on filing
The Five-Year Picture
FY2016 — FY2020 · as filed
Revenue
$528K
▼ 31.4% / 5y
Expenses
$59K
▼ 92.5% / 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 | $770K | $720K | $613K | $673K | $528K | -31.4% |
| Expenses | $793K | $746K | $750K | $656K | $59K | -92.5% |
| Net surplus | -$23K | -$25K | -$136K | $17K | $469K | -2112.6% |
| Total assets | $544K | $519K | $406K | $497K | $0 | -100.0% |
| Total liabilities | $591K | $592K | $615K | $689K | $0 | -100.0% |
| Net assets | -$47K | -$73K | -$209K | -$192K | $0 | -100.0% |
Officer & staff compensation
FY20 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 2 unpaid officers/directors as reported (DARLENE INNOCENZO, DONALD BRENNAN)
All 2 listed officers reported $0 compensation — volunteer board.
Balance sheet & capital
FY20 · IRS Form 990, Part X
No debt or fixed-asset detail reported.
Operating expenses
FY20 · Form 990, Part IX
| Insurance | $9,729 |
| Occupancy | $16,510 |
| Depreciation & depletion | $6,318 |
| Advertising & promotion | $530 |
| Office expenses | $927 |
| Accounting fees | $1,850 |
TFounded in 1969, Towanda Country Club reported $528k of revenue for FY20, at an operating margin of 88.8%. Revenue moved down 21.5% 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
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