WLAL501(c)(7) · MEDIUMNAICS 713910EIN 38-1144073

Walloon Lake Country Club

Petoskey, MI · founded 1945
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$4.49M
▲ 24.8% YoY
FY23 Total Expenses
$3.25M
▲ 1.6% YoY
Operating Margin
27.5%
revenue minus expenses ÷ revenue
Employees
100
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$4.5M
▲ 56.3% / 5y
2.92.83.23.64.5
Expenses
$3.3M
▲ 24.0% / 5y
2.62.52.63.23.3
Total Assets
$9.9M
▲ 41.4% / 5y
7.07.28.38.49.9
Total Liabilities
$829K
▲ 98.1% / 5y
418323760485829

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.9M$2.8M$3.2M$3.6M$4.5M+56.3%
Expenses$2.6M$2.5M$2.6M$3.2M$3.3M+24.0%
Net surplus$246K$256K$621K$391K$1.2M+400.9%
Total assets$7.0M$7.2M$8.3M$8.4M$9.9M+41.4%
Total liabilities$418K$323K$760K$485K$829K+98.1%
Net assets$6.6M$6.9M$7.5M$7.9M$9.1M+37.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
HARRY DIXON
General Manager· 40h/wk
$141,000

+ 9 unpaid officers/directors as reported (DANIEL VANVOORHIS, DAVID RENTSCHLER, ELIZABETH BOGO, +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 itemAmount
GOLF$578,405
TENNIS, CLUBHOUSE & OTHER$122,874
YOUTH ACTIVITIES$42,115

WFounded in 1945, Walloon Lake Country Club reported $4.49M of revenue for FY23, at an operating margin of 27.5%. Revenue moved up 24.8% 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
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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