OLIV501(c)(7) · MEDIUMNAICS 713910EIN 41-0680450
Olivia Golf Club Inc
Olivia, MN · founded 1987
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$270k
▼ 4.5% YoY
FY23 Total Expenses
$288k
▼ 9.4% YoY
Operating Margin
-6.7%
revenue minus expenses ÷ revenue
Employees
12
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$270K
▲ 10.1% / 5y
Expenses
$288K
▲ 17.9% / 5y
Total Assets
$242K
▲ 66.4% / 5y
Total Liabilities
$54K
▲ 25.1% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $245K | $303K | $303K | $283K | $270K | +10.1% |
| Expenses | $245K | $271K | $271K | $318K | $288K | +17.9% |
| Net surplus | $878 | $32K | $32K | -$35K | -$18K | -2162.1% |
| Total assets | $146K | $286K | $286K | $255K | $242K | +66.4% |
| Total liabilities | $43K | $44K | $44K | $48K | $54K | +25.1% |
| Net assets | $103K | $242K | $242K | $207K | $189K | +83.7% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 4 unpaid officers/directors as reported (DANIEL KLUVER, DAVE ALTMANN, JAMES MENTON, +1 more)
All 4 listed officers reported $0 compensation — volunteer board.
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$191K
book value, net of depreciation
Facility age
81%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $17,270 |
| Occupancy | $39,282 |
| Depreciation & depletion | $30,518 |
| Advertising & promotion | $20 |
| Office expenses | $3,802 |
| Accounting fees | $3,685 |
OFounded in 1987, Olivia Golf Club Inc reported $270k of revenue for FY23, at an operating margin of -6.7%. Revenue moved down 4.5% 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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