WHES501(c)(7) · MEDIUMNAICS 713910EIN 26-1637442
West Hampton Golf Club Inc
Cashiers, NC · founded 2009
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$1.45M
▼ 22.6% YoY
FY23 Total Expenses
$1.41M
▲ 20.8% YoY
Operating Margin
2.7%
revenue minus expenses ÷ revenue
Employees
14
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$1.4M
▲ 86.6% / 5y
Expenses
$1.4M
▲ 37.8% / 5y
Total Assets
$3.4M
▲ 30.6% / 5y
Total Liabilities
$6K
▲ 15.0% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $775K | $1.5M | $1.5M | $1.9M | $1.4M | +86.6% |
| Expenses | $1.0M | $1.0M | $1.0M | $1.2M | $1.4M | +37.8% |
| Net surplus | -$246K | $412K | $412K | $703K | $39K | -115.8% |
| Total assets | $2.6M | $3.1M | $3.1M | $3.4M | $3.4M | +30.6% |
| Total liabilities | $5K | $6K | $6K | $11K | $6K | +15.0% |
| Net assets | $2.6M | $3.1M | $3.1M | $3.4M | $3.4M | +30.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
ADAM C MESSIX SECRETARY/TR· 40h/wk | $144,823 | — |
+ 2 unpaid officers/directors as reported (ALFRED RITTER, T WAYNE DAVIS JR)
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 |
|---|---|
| MEMBERSHIP DUES | $1,177,002 |
| MISC FEE INCOME | $96,144 |
| CLUB FEES | $96,031 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$2.8M
book value, net of depreciation
Facility age
69%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $17,519 |
| Occupancy | $60,139 |
| Depreciation & depletion | $141,100 |
| Advertising & promotion | $117 |
| Office expenses | $25,803 |
| Accounting fees | $21,163 |
WFounded in 2009, West Hampton Golf Club Inc reported $1.45M of revenue for FY23, at an operating margin of 2.7%. Revenue moved down 22.6% 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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