WFCO501(c)(7) · MEDIUMNAICS 713910EIN 37-0593410
Woodlawn Country Club Of Farmer City
Farmer City, IL · founded 1964
14 filings on recordFY 2010–2023medium confidence
Compare to peers →FY23 Total Revenue
$510k
▲ 26.5% YoY
FY23 Total Expenses
$467k
▲ 12.4% YoY
Operating Margin
8.5%
revenue minus expenses ÷ revenue
Employees
15
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$510K
▲ 51.9% / 5y
Expenses
$467K
▲ 39.5% / 5y
Total Assets
$230K
▲ 5863.9% / 5y
Total Liabilities
$137K
▼ 11.4% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $336K | $386K | $386K | $404K | $510K | +51.9% |
| Expenses | $335K | $375K | $375K | $415K | $467K | +39.5% |
| Net surplus | $1K | $11K | $11K | -$12K | $44K | +3414.1% |
| Total assets | $4K | $72K | $72K | $50K | $230K | +5863.9% |
| Total liabilities | $155K | $182K | $182K | $172K | $137K | -11.4% |
| Net assets | -$151K | -$110K | -$110K | -$122K | $93K | -161.9% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 8 unpaid officers/directors as reported (GARIE BRICK, GREG ALLEN, KEVIN RICHARDSON, +5 more)
All 8 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 |
|---|---|
| MEMBERSHIP DUES | $240,510 |
| GREEN FEESDRIVING RANG | $76,966 |
| CALCUTTA | $38,021 |
| GOLF EVENTS | $10,267 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$137K
▼ $34K paid down
Net land, buildings & equipment
$216K
book value, net of depreciation
Facility age
—
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $14,558 |
| Occupancy | $41,371 |
| Advertising & promotion | $1,606 |
| Accounting fees | $11,362 |
WFounded in 1964, Woodlawn Country Club Of Farmer City reported $510k of revenue for FY23, at an operating margin of 8.5%. Revenue moved up 26.5% 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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