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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

PAIN501(c)(7) · MEDIUMNAICS 713910EIN 36-3242512

Prestwick Country Club An Illinois Not For Profit Corporation

Frankfort, IL · founded 1984

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$4.74M

▲ 4.4% YoY

FY23 Total Expenses

$3.55M

▲ 9.8% YoY

Operating Margin

25.1%

revenue minus expenses ÷ revenue

Employees

241

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$4.7M

▲ 61.4% / 5y

Expenses

$3.6M

▲ 39.3% / 5y

Total Assets

$8.0M

▲ 102.0% / 5y

Total Liabilities

$2.7M

▲ 4.4% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$2.9M	$3.9M	$3.9M	$4.5M	$4.7M	+61.4%
Expenses	$2.5M	$2.9M	$2.9M	$3.2M	$3.6M	+39.3%
Net surplus	$389K	$942K	$942K	$1.3M	$1.2M	+206.2%
Total assets	$4.0M	$5.4M	$5.4M	$7.0M	$8.0M	+102.0%
Total liabilities	$2.6M	$2.5M	$2.5M	$2.9M	$2.7M	+4.4%
Net assets	$1.4M	$2.8M	$2.8M	$4.1M	$5.3M	+284.1%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
EDWARD TINDALL MANAGER· 40h/wk	$186,165	$27,755

+ 9 unpaid officers/directors as reported (Gary Guild, Jennifer Dore, John Cosgrove, +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 DUES & ASSESSM	$3,288,625
Golf Course Operations	$768,907
Locker Room	$42,600
Other program service rev	$32,240
Swimming Fees	$20,640

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$910K

▼ $65K paid down

Net land, buildings & equipment

$3.5M

book value, net of depreciation

Facility age

70%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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

Management fees	$0
Insurance	$112,342
Occupancy	$196,945
Depreciation & depletion	$402,622
Information technology	$1,000
Advertising & promotion	$994
Office expenses	$57,017
Legal fees	$0
Accounting fees	$16,975
Other professional fees	$30,792

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.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

PRESTWICK COUNTRY CLUB 401(K) PLAN

pension · 24 participants · $254K assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

PFounded in 1984, Prestwick Country Club An Illinois Not For Profit Corporation reported $4.74M of revenue for FY23, at an operating margin of 25.1%. Revenue moved up 4.4% 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

▸ 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)

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