RICH501(c)(7) · MEDIUMNAICS 713910EIN 37-0485447
Richland Country Club
Olney, IL · founded 1987
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$469k
▲ 10.9% YoY
FY23 Total Expenses
$520k
▲ 6.9% YoY
Operating Margin
-10.9%
revenue minus expenses ÷ revenue
Employees
11
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$469K
▲ 24.9% / 5y
Expenses
$520K
▲ 31.0% / 5y
Total Assets
$561K
▲ 62.0% / 5y
Total Liabilities
$663K
▲ 40.0% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $376K | $488K | $488K | $423K | $469K | +24.9% |
| Expenses | $397K | $411K | $411K | $487K | $520K | +31.0% |
| Net surplus | -$22K | $77K | $77K | -$64K | -$51K | +135.3% |
| Total assets | $346K | $745K | $745K | $661K | $561K | +62.0% |
| Total liabilities | $474K | $732K | $732K | $712K | $663K | +40.0% |
| Net assets | -$128K | $13K | $13K | -$51K | -$102K | -19.9% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
MARK TURNIPSEED General Manager· 40h/wk | $42,380 | — |
+ 9 unpaid officers/directors as reported (ANDY JULIAN, BRADLEY C NEALIS, BRIAN SHAN, +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 & Assessments | $274,687 |
| GOLF FEES & CART RENTALS | $155,336 |
| TOURNAMENT REVENUE | $7,111 |
| FACILITIES RENTAL | $1,210 |
| ALL OTHER PROGRAM REVENUE | $1,175 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$166K
▼ $7K paid down
Net land, buildings & equipment
$345K
book value, net of depreciation
Facility age
83%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $26,017 |
| Occupancy | $35,302 |
| Depreciation & depletion | $32,122 |
| Information technology | $479 |
| Advertising & promotion | $1,375 |
| Office expenses | $8,627 |
| Legal fees | $0 |
| Accounting fees | $11,800 |
| Other professional fees | $11 |
RFounded in 1987, Richland Country Club reported $469k of revenue for FY23, at an operating margin of -10.9%. Revenue moved up 10.9% 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
The Quarterly · free
Get Richland 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
LAKELakeshore Country Club Inc
Revenue $469K — near your $469K
$469Kcompare →
GILMGilmer Country Club
Revenue $469K — near your $469K
$469Kcompare →
MAOUMount Airy Country Club Inc
Revenue $468K — near your $469K
$468Kcompare →
Same state · IL
KASKKaskaskia Country Club
IL club · $479K
$479Kcompare →
CARLCarlinville Country Club
IL club · $482K
$482Kcompare →
SHEWShewami Country Club
IL club · $483K
$483Kcompare →
Similar revenue mix
DCGRDecatur County Country Club Inc Greensburg Country Club R D 4 Park
100% similar revenue mix
$508Kcompare →
WAHKWahkonsa Country Club
100% similar revenue mix
$402Kcompare →
WLESWest Liberty Golf And Country Club
100% similar revenue mix
$451Kcompare →
Similar payroll intensity
RHIVRiver Hills Country Club Inc
Payroll intensity 40.0% · near your 40.0%
$1.3Mcompare →
RUMSRumson Country Club
Payroll intensity 40.0% · near your 40.0%
$15.1Mcompare →
OEAKOakwood Country Club Of Enid
Payroll intensity 40.0% · near your 40.0%
$5.3Mcompare →