GCRO501(c)(7) · MEDIUMNAICS 713910EIN 25-0526870
Grove City Country Club
Grove City, PA · founded 1975
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$1.69M
▲ 7.8% YoY
FY23 Total Expenses
$1.54M
▲ 4.3% YoY
Operating Margin
8.9%
revenue minus expenses ÷ revenue
Employees
57
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$1.7M
▲ 26.8% / 5y
Expenses
$1.5M
▲ 36.1% / 5y
Total Assets
$1.6M
▲ 59.8% / 5y
Total Liabilities
$985K
▲ 2.1% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $1.3M | $1.5M | $1.5M | $1.6M | $1.7M | +26.8% |
| Expenses | $1.1M | $1.2M | $1.2M | $1.5M | $1.5M | +36.1% |
| Net surplus | $202K | $279K | $279K | $92K | $150K | -25.6% |
| Total assets | $1.0M | $1.5M | $1.5M | $1.6M | $1.6M | +59.8% |
| Total liabilities | $965K | $1.1M | $1.1M | $1.1M | $985K | +2.1% |
| Net assets | $54K | $401K | $401K | $493K | $643K | +1092.2% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 10 unpaid officers/directors as reported (BILL NORRIS, GREG LISZKA, MARTIN DOODY, +7 more)
All 10 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 item | Amount |
|---|---|
| GOLF INCOME | $916,247 |
| GREEN FEES | $134,428 |
| CART RENTALS | $107,241 |
| OTHER INCOME | $15,174 |
| GREEN FEES | $9,396 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$888K
▼ $74K paid down
Net land, buildings & equipment
$1.2M
book value, net of depreciation
Facility age
72%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $26,118 |
| Occupancy | $77,132 |
| Depreciation & depletion | $125,989 |
| Advertising & promotion | $1,200 |
| Office expenses | $15,790 |
| Accounting fees | $4,500 |
| Other professional fees | $40,893 |
GFounded in 1975, Grove City Country Club reported $1.69M of revenue for FY23, at an operating margin of 8.9%. Revenue moved up 7.8% 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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