HHIC501(c)(7) · MEDIUMNAICS 713910EIN 35-1286067
Hickory Hills Golf Club Inc
Brownstown, IN · founded 1990
14 filings on recordFY 2010–2023medium confidence
Compare to peers →FY23 Total Revenue
$498k
▲ 52.5% YoY
FY23 Total Expenses
$462k
▲ 48.5% YoY
Operating Margin
7.2%
revenue minus expenses ÷ revenue
Employees
27
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$498K
▲ 66.3% / 5y
Expenses
$462K
▲ 40.5% / 5y
Total Assets
$162K
▲ 51.8% / 5y
Total Liabilities
$223K
▼ 16.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $299K | $299K | $319K | $327K | $498K | +66.3% |
| Expenses | $329K | $329K | $272K | $311K | $462K | +40.5% |
| Net surplus | -$30K | -$30K | $47K | $16K | $36K | -221.1% |
| Total assets | $107K | $107K | $133K | $138K | $162K | +51.8% |
| Total liabilities | $266K | $266K | $246K | $235K | $223K | -16.2% |
| Net assets | -$159K | -$159K | -$113K | -$97K | -$61K | -61.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 4 unpaid officers/directors as reported (GREGG GOSHORN, JONATHON HOCHSTEDLER, LUKE WARREN, +1 more)
All 4 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 item | Amount |
|---|---|
| PRO SHOP | $127,758 |
| CONCESSIONS | $97,213 |
| GREEN FEES | $91,808 |
| CART FEES | $80,428 |
| LOCKER FEES | $900 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$222K
▼ $11K paid down
Net land, buildings & equipment
$90K
book value, net of depreciation
Facility age
81%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $13,804 |
| Depreciation & depletion | $15,281 |
| Advertising & promotion | $1,276 |
| Office expenses | $216 |
| Legal fees | $5,093 |
HFounded in 1990, Hickory Hills Golf Club Inc reported $498k of revenue for FY23, at an operating margin of 7.2%. Revenue moved up 52.5% 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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