CARE501(c)(7) · MEDIUMNAICS 713910EIN 41-1560308

Carefree Country Club

Big Lake, MN · founded 1988
13 filings on recordFY 20122024medium confidence
FY24 Total Revenue
$1.27M
▲ 17.1% YoY
FY24 Total Expenses
$1.11M
▲ 3.1% YoY
Operating Margin
12.8%
revenue minus expenses ÷ revenue
Employees
20
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$1.3M
▲ 30.5% / 5y
9751.11.11.11.3
Expenses
$1.1M
▲ 23.9% / 5y
8951.01.01.11.1
Total Assets
$3.3M
▲ 14.5% / 5y
2.83.03.03.13.3
Total Liabilities
$672K
▲ 15.8% / 5y
580590590631672

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$975K$1.1M$1.1M$1.1M$1.3M+30.5%
Expenses$895K$1.0M$1.0M$1.1M$1.1M+23.9%
Net surplus$79K$43K$43K$11K$163K+105.1%
Total assets$2.8M$3.0M$3.0M$3.1M$3.3M+14.5%
Total liabilities$580K$590K$590K$631K$672K+15.8%
Net assets$2.3M$2.4M$2.4M$2.4M$2.6M+14.1%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther

+ 10 unpaid officers/directors as reported (CATHY BALLOT, DAVE HOLZER, DAVE SUNDELL, +7 more)

All 10 listed officers reported $0 compensation — volunteer board.

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES/ASSESSMENTS$1,172,598

CFounded in 1988, Carefree Country Club reported $1.27M of revenue for FY24, at an operating margin of 12.8%. Revenue moved up 17.1% 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
Form 990, FY2024 · period ending Tue Apr 30 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Sun Apr 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Apr 30 2022 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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