HANN501(c)(7) · MEDIUMNAICS 713910EIN 25-1264266

Hannastown Golf Club Inc

Greensburg, PA · founded 1945
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$1.74M
▲ 17.9% YoY
FY23 Total Expenses
$1.73M
▲ 5.4% YoY
Operating Margin
0.7%
revenue minus expenses ÷ revenue
Employees
47
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$1.7M
▲ 58.3% / 5y
1.11.51.51.51.7
Expenses
$1.7M
▲ 56.4% / 5y
1.11.41.41.61.7
Total Assets
$4.0M
▲ 34.2% / 5y
3.04.04.04.04.0
Total Liabilities
$2.1M
▲ 52.5% / 5y
1.31.91.92.02.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.1M$1.5M$1.5M$1.5M$1.7M+58.3%
Expenses$1.1M$1.4M$1.4M$1.6M$1.7M+56.4%
Net surplus-$5K$189K$189K-$164K$13K-334.1%
Total assets$3.0M$4.0M$4.0M$4.0M$4.0M+34.2%
Total liabilities$1.3M$1.9M$1.9M$2.0M$2.1M+52.5%
Net assets$1.7M$2.1M$2.1M$2.0M$2.0M+19.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 7 unpaid officers/directors as reported (CHAD STONEKING, DAVE COLE, JOE DYKTA, +4 more)

All 7 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/ASSESS$945,778
GREENS FEES/CART RENTA$695,151

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$2.0M
$46K new borrowing
Net land, buildings & equipment
$3.7M
book value, net of depreciation
Facility age
17%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$501K$1.0M$1.5M$2.0MFY20 · $1.9MFY20FY21 · $1.9MFY21FY22 · $2.0MFY22FY23 · $2.0MFY23

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX
Insurance$32,682
Depreciation & depletion$263,845
Office expenses$18,709
Accounting fees$28,573
Other professional fees$3,371

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

HFounded in 1945, Hannastown Golf Club Inc reported $1.74M of revenue for FY23, at an operating margin of 0.7%. Revenue moved up 17.9% 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
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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