FLIN501(c)(7) · MEDIUMNAICS 713910EIN 38-0545695

Flint Golf Club

Flint, MI · founded 1942
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$490k
▼ 36.4% YoY
FY23 Total Expenses
$436k
▼ 5.0% YoY
Operating Margin
11.0%
revenue minus expenses ÷ revenue
Employees
107
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$490K
▼ 72.3% / 5y
1.81.21.2770490
Expenses
$436K
▼ 75.5% / 5y
1.81.41.4459436
Total Assets
$1.7M
▼ 13.9% / 5y
1.91.61.61.81.7
Total Liabilities
$954K
▼ 37.0% / 5y
1.51.21.21.1954

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.8M$1.2M$1.2M$770K$490K-72.3%
Expenses$1.8M$1.4M$1.4M$459K$436K-75.5%
Net surplus-$15K-$219K-$219K$311K$54K-467.6%
Total assets$1.9M$1.6M$1.6M$1.8M$1.7M-13.9%
Total liabilities$1.5M$1.2M$1.2M$1.1M$954K-37.0%
Net assets$419K$402K$402K$657K$711K+69.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 10 unpaid officers/directors as reported (DENNIS WEBER, JAY HUTCHINS, JEFF COOPER, +7 more)

All 10 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 itemAmount
MEMBER DUES AND ASSESSMENTS$881,532
GOLF SERVICES REVENUE$234,154
GOLF CART RENTALS$181,903

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$716K
$95K paid down
Net land, buildings & equipment
$1.4M
book value, net of depreciation
Facility age
78%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$203K$406K$608K$811KFY20 · $792KFY20FY21 · $792KFY21FY22 · $811KFY22FY23 · $716KFY23

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

Professionally managedFY23 · Form 990, Part IX
Management fees$18,915
Insurance$28,238
Depreciation & depletion$101,546
Information technology$5,082
Advertising & promotion$657
Office expenses$3,649
Accounting fees$3,783
Other professional fees$2,047

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.

FFounded in 1942, Flint Golf Club reported $490k of revenue for FY23, at an operating margin of 11.0%. Revenue moved down 36.4% 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)
+ 10 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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