LITC501(c)(7) · MEDIUMNAICS 713910EIN 37-0157455
Litchfield Country Club
Litchfield, IL · founded 1960
12 filings on recordFY 2011–2022medium confidence
Compare to peers →FY22 Total Revenue
$431k
▲ 8.0% YoY
FY22 Total Expenses
$450k
▲ 16.3% YoY
Operating Margin
-4.4%
revenue minus expenses ÷ revenue
Employees
25
headcount as reported on filing
The Five-Year Picture
FY2018 — FY2022 · as filed
Revenue
$431K
▲ 24.2% / 5y
Expenses
$450K
▲ 32.1% / 5y
Total Assets
$257K
▼ 9.7% / 5y
Total Liabilities
$119K
▼ 25.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY18 | FY19 | FY20 | FY21 | FY22 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $347K | $361K | $399K | $399K | $431K | +24.2% |
| Expenses | $341K | $351K | $387K | $387K | $450K | +32.1% |
| Net surplus | $7K | $10K | $12K | $12K | -$19K | -387.6% |
| Total assets | $285K | $266K | $299K | $299K | $257K | -9.7% |
| Total liabilities | $159K | $131K | $143K | $143K | $119K | -25.2% |
| Net assets | $125K | $136K | $157K | $157K | $138K | +10.0% |
Officer & staff compensation
FY22 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 8 unpaid officers/directors as reported (, Ben Schwab, Brad Pastrovich, +5 more)
All 8 listed officers reported $0 compensation — volunteer board.
Top contractors
FY22 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY22 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| Golf tournaments | $12,622 |
| Green fees | $7,506 |
| Other income | $4,345 |
| Golf cart rental | $2,430 |
| Pool | $539 |
Balance sheet & capital
FY22 · IRS Form 990, Part X
Mortgages & notes payable
$112K
▼ $21K paid down
Net land, buildings & equipment
$172K
book value, net of depreciation
Facility age
82%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY22 · Form 990, Part IX
| Insurance | $19,348 |
| Occupancy | $11,319 |
| Depreciation & depletion | $20,940 |
| Office expenses | $11,556 |
| Accounting fees | $2,450 |
LFounded in 1960, Litchfield Country Club reported $431k of revenue for FY22, at an operating margin of -4.4%. Revenue moved up 8.0% 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
The Quarterly · free
Get Litchfield Country Club’s next filing — the day it posts.
We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.
Quarterly only · no spam
Free · quarterly · unsubscribe in one click
Similar clubs
matched on revenue, geography & business mix
Same revenue band
MLAPMaple Lane Country Club
Revenue $431K — near your $431K
$431Kcompare →
MARYMarysville Country Club Inc
Revenue $431K — near your $431K
$431Kcompare →
LONDLondon Country Club
Revenue $431K — near your $431K
$431Kcompare →
Same state · IL
MONMMonmouth Country Club
IL club · $443K
$443Kcompare →
WESTWestlake Country Club
IL club · $418K
$418Kcompare →
MIETMetropolis Country Club Incorporated
IL club · $418K
$418Kcompare →
Similar revenue mix
MARSMarshall Country Club
100% similar revenue mix
$679Kcompare →
OAKSOaks Country Club Inc
100% similar revenue mix
$453Kcompare →
MAOUMount Ayr Golf & Country Club Inc
100% similar revenue mix
$444Kcompare →
Similar payroll intensity
GOLDGoldsboro Country Club Inc
Payroll intensity 35.2% · near your 35.1%
$190Kcompare →
SPRISpringfield Country Club
Payroll intensity 35.2% · near your 35.1%
$2.8Mcompare →
WSESWest Shore Golf & Country Club
Payroll intensity 35.1% · near your 35.1%
$2.0Mcompare →