DTIA501(c)(7) · MEDIUMNAICS 713910EIN 39-1905148

Diamond Trail Golf Club Inc

Grinnell, IA · founded 2002
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$289k
▲ 37.7% YoY
FY23 Total Expenses
$235k
▲ 9.2% YoY
Operating Margin
18.6%
revenue minus expenses ÷ revenue
Employees
10
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$289K
▲ 95.9% / 5y
147177177209289
Expenses
$235K
▲ 35.8% / 5y
173189189215235
Total Assets
$446K
▼ 3.7% / 5y
463462462431446
Total Liabilities
$61K
▼ 48.5% / 5y
11813213210661

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$147K$177K$177K$209K$289K+95.9%
Expenses$173K$189K$189K$215K$235K+35.8%
Net surplus-$26K-$11K-$11K-$6K$54K-308.6%
Total assets$463K$462K$462K$431K$446K-3.7%
Total liabilities$118K$132K$132K$106K$61K-48.5%
Net assets$344K$331K$331K$325K$385K+11.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 7 unpaid officers/directors as reported (CALEB MORGAN, CHERYL SEPTER, DENNIS SNODGRASS, +4 more)

All 7 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
ANNUAL FEES$168,042

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$61K
$45K paid down
Net land, buildings & equipment
$377K
book value, net of depreciation
Facility age
63%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$32K$65K$97K$130KFY20 · $130KFY20FY21 · $130KFY21FY22 · $106KFY22FY23 · $61KFY23

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

FY23 · Form 990, Part IX
Insurance$7,913
Occupancy$22,419
Depreciation & depletion$26,900
Advertising & promotion$120
Office expenses$9,138
Legal fees$7,200

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.

DFounded in 2002, Diamond Trail Golf Club Inc reported $289k of revenue for FY23, at an operating margin of 18.6%. Revenue moved up 37.7% 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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