INDI501(c)(7) · MEDIUMNAICS 713910EIN 35-0249890

Country Club Of Indianapolis Inc

Indianapolis, IN · founded 1959
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$235k
▼ 20.1% YoY
FY23 Total Expenses
$309k
▲ 18.8% YoY
Operating Margin
-31.6%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$235K
▼ 72.6% / 5y
859302302294235
Expenses
$309K
▼ 15.2% / 5y
365308308260309
Total Assets
$3.6M
▼ 1.8% / 5y
3.63.23.23.13.6
Total Liabilities
$2.5M
▲ 3.5% / 5y
2.42.12.12.02.5

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$859K$302K$302K$294K$235K-72.6%
Expenses$365K$308K$308K$260K$309K-15.2%
Net surplus$495K-$6K-$6K$34K-$74K-115.0%
Total assets$3.6M$3.2M$3.2M$3.1M$3.6M-1.8%
Total liabilities$2.4M$2.1M$2.1M$2.0M$2.5M+3.5%
Net assets$1.2M$1.1M$1.1M$1.1M$1.1M-12.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 6 unpaid officers/directors as reported (DAVID YORK, JARED KOHN, JULIE KITCOFF, +3 more)

All 6 listed officers reported $0 compensation — volunteer board.

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$2.5M
$555K new borrowing
Net land, buildings & equipment
$3.5M
book value, net of depreciation
Facility age
63%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$617K$1.2M$1.9M$2.5MFY20 · $2.1MFY20FY21 · $2.1MFY21FY22 · $1.9MFY22FY23 · $2.5MFY23

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
Depreciation & depletion$163,000

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.

CFounded in 1959, Country Club Of Indianapolis Inc reported $235k of revenue for FY23, at an operating margin of -31.6%. Revenue moved down 20.1% 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 Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 31 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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