CSRO501(c)(7) · MEDIUMNAICS 713910EIN 35-1115687
Crooked Stick Golf Club Inc
Carmel, IN · founded 1966
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$5.37M
▲ 3.9% YoY
FY23 Total Expenses
$5.18M
▲ 4.3% YoY
Operating Margin
3.6%
revenue minus expenses ÷ revenue
Employees
107
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$5.4M
▲ 6.3% / 5y
Expenses
$5.2M
▲ 14.9% / 5y
Total Assets
$17.2M
▲ 7.2% / 5y
Total Liabilities
$1.1M
▼ 10.3% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $5.1M | $5.3M | $5.3M | $5.2M | $5.4M | +6.3% |
| Expenses | $4.5M | $4.7M | $4.7M | $5.0M | $5.2M | +14.9% |
| Net surplus | $542K | $595K | $595K | $201K | $192K | -64.7% |
| Total assets | $16.1M | $16.8M | $16.8M | $16.8M | $17.2M | +7.2% |
| Total liabilities | $1.3M | $1.1M | $1.1M | $886K | $1.1M | -10.3% |
| Net assets | $14.8M | $15.7M | $15.7M | $15.9M | $16.1M | +8.7% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
JACOB GARGASZ Golf Course Superintendent· 40h/wk | $174,857 | $26,582 |
ANTHONY W PANCAKE DIRECTOR OF GOLF & CLUB OP· 40h/wk | $171,183 | $26,872 |
+ 9 unpaid officers/directors as reported (ANDY MOHR, CHRIS WIRTHWEIN, DAVID MOORE, +6 more)
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 FEES | $2,412,254 |
| ASSESSMENT INCOME | $668,890 |
| MEMBERSHIP INCOME | $349,645 |
| GREEN FEES-NON MEMBER | $296,404 |
| GREEN FEES | $278,819 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$14.1M
book value, net of depreciation
Facility age
41%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $269,714 |
| Occupancy | $264,731 |
| Depreciation & depletion | $920,928 |
| Information technology | $24,840 |
| Office expenses | $32,946 |
| Accounting fees | $12,715 |
| Other professional fees | $85,510 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
CROOKED STICK GOLF CLUB 401(K) PLAN
pension · 35 participants · $2.4M assets · FY2024
CFounded in 1966, Crooked Stick Golf Club Inc reported $5.37M of revenue for FY23, at an operating margin of 3.6%. Revenue moved up 3.9% 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
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