PRIN501(c)(7) · MEDIUMNAICS 713910EIN 35-0592295
Princeton Country Club Inc
Princeton, IN · founded 1935
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$253k
▲ 9.4% YoY
FY23 Total Expenses
$212k
▲ 37.3% YoY
Operating Margin
16.3%
revenue minus expenses ÷ revenue
Employees
8
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$253K
▲ 92.7% / 5y
Expenses
$212K
▲ 87.8% / 5y
Total Assets
$249K
▲ 386.5% / 5y
Total Liabilities
-$194
▼ 102.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $131K | $185K | $185K | $231K | $253K | +92.7% |
| Expenses | $113K | $129K | $129K | $154K | $212K | +87.8% |
| Net surplus | $18K | $56K | $56K | $77K | $41K | +123.2% |
| Total assets | $51K | $130K | $130K | $207K | $249K | +386.5% |
| Total liabilities | $9K | -$564 | -$564 | -$741 | -$194 | -102.2% |
| Net assets | $43K | $131K | $131K | $208K | $249K | +486.0% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
Tiffany York Board Member· 1h/wk | $14,064 | — |
Susan Ice Board Member· 2h/wk | $13,728 | — |
Chris Carpenter Board Treasurer· 10h/wk | $12,000 | — |
Jessica Denbo Board Secretary· 2h/wk | $716 | — |
+ 3 unpaid officers/directors as reported (Charles Kennard, David Day, James Feutz)
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 |
|---|---|
| Cart Rentals | $154,120 |
| Range fees | $18,799 |
| Promotional Events | $2,477 |
| Sale of Equipment | $1,726 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$54K
book value, net of depreciation
Facility age
79%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
Professionally managedFY23 · Form 990, Part IX
| Management fees | $2,533 |
| Insurance | $11,401 |
| Occupancy | $15,932 |
| Depreciation & depletion | $17,821 |
| Information technology | $0 |
| Advertising & promotion | $150 |
| Office expenses | $4,167 |
| Legal fees | $0 |
| Accounting fees | $1,000 |
| Other professional fees | $0 |
PFounded in 1935, Princeton Country Club Inc reported $253k of revenue for FY23, at an operating margin of 16.3%. Revenue moved up 9.4% 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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