KHOR501(c)(7) · MEDIUMNAICS 713910EIN 41-0357392
Koronis Hills Golf Club Inc
Paynesville, MN · founded 1991
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$654k
▲ 6.1% YoY
FY23 Total Expenses
$575k
▲ 5.2% YoY
Operating Margin
12.0%
revenue minus expenses ÷ revenue
Employees
26
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$654K
▲ 50.0% / 5y
Expenses
$575K
▲ 13.8% / 5y
Total Assets
$807K
▲ 46.9% / 5y
Total Liabilities
$301K
▲ 9.4% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $436K | $613K | $613K | $616K | $654K | +50.0% |
| Expenses | $505K | $586K | $586K | $547K | $575K | +13.8% |
| Net surplus | -$69K | $27K | $27K | $69K | $79K | -213.1% |
| Total assets | $549K | $674K | $674K | $735K | $807K | +46.9% |
| Total liabilities | $276K | $321K | $321K | $308K | $301K | +9.4% |
| Net assets | $274K | $353K | $353K | $427K | $505K | +84.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
CINDY FUCHS GENERAL MANA· 40h/wk | $71,000 | — |
+ 4 unpaid officers/directors as reported (GROVE SAYRE, KEVIN FARNUM, LINDA BUNDY, +1 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 |
|---|---|
| DUES & ASSESSMENTS | $127,725 |
| GREEN FEES | $101,420 |
| GREEN FEES | $101,420 |
| GOLF CART RENTAL | $77,727 |
| GOLF CART RENTAL | $77,727 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$261K
▼ $12K paid down
Net land, buildings & equipment
$756K
book value, net of depreciation
Facility age
66%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $23,386 |
| Occupancy | $127,314 |
| Depreciation & depletion | $100,171 |
| Advertising & promotion | $6,366 |
| Office expenses | $6,631 |
| Accounting fees | $15,347 |
KFounded in 1991, Koronis Hills Golf Club Inc reported $654k of revenue for FY23, at an operating margin of 12.0%. Revenue moved up 6.1% 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 Koronis Hills Golf Club Inc’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
NTATNatchez Trace Golf Club Inc
Revenue $656K — near your $654K
$656Kcompare →
OCAKOak Crest Golf Club
Revenue $649K — near your $654K
$649Kcompare →
LAWRLawrenceburg Golf & Country Club
Revenue $648K — near your $654K
$648Kcompare →
Same state · MN
SCAUSauk Centre Country Club Inc
MN club · $607K
$607Kcompare →
MESAMesaba Country Club
MN club · $810K
$810Kcompare →
INTEInterlaken Golf Club Inc
MN club · $827K
$827Kcompare →
Similar revenue mix
BFELBelle Fourche Country Club
100% similar revenue mix
$832Kcompare →
RGOLRolling Green Country Club
100% similar revenue mix
$708Kcompare →
GSMRGatesville Country Club Straws Mill Rd S Gatesville
99% similar revenue mix
$848Kcompare →
Similar payroll intensity
STUTStuttgart Country Club
Payroll intensity 37.2% · near your 37.2%
$1.2Mcompare →
DETRCountry Club Of Detroit
Payroll intensity 37.2% · near your 37.2%
$12.6Mcompare →
IPSSIdabel Country Club Pt Se 1/4 Sec 4 T8 S Rz4 E
Payroll intensity 37.2% · near your 37.2%
$645Kcompare →