TOWN501(c)(7) · MEDIUMNAICS 713910EIN 41-1696800
Town And Country Golf Club Inc
Fulda, MN · founded 1991
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$197k
▼ 5.6% YoY
FY23 Total Expenses
$172k
▲ 7.5% YoY
Operating Margin
12.7%
revenue minus expenses ÷ revenue
Employees
13
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$197K
▲ 55.2% / 5y
Expenses
$172K
▲ 26.2% / 5y
Total Assets
$254K
▲ 60.3% / 5y
Total Liabilities
$54K
▲ 2.0% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $127K | $162K | $162K | $209K | $197K | +55.2% |
| Expenses | $137K | $155K | $155K | $160K | $172K | +26.2% |
| Net surplus | -$9K | $6K | $6K | $49K | $25K | -364.8% |
| Total assets | $158K | $176K | $176K | $226K | $254K | +60.3% |
| Total liabilities | $53K | $53K | $53K | $53K | $54K | +2.0% |
| Net assets | $105K | $123K | $123K | $173K | $200K | +89.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 7 unpaid officers/directors as reported (BOB HORNE, DONNA CLARKE, ERIC JASS, +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 item | Amount |
|---|---|
| MEMBERSHIP DUES | $67,042 |
| GREEN FEES-NONMEMBERS | $21,792 |
| GREEN FEES | $7,264 |
| TOURNAMENT PROFITS | $7,129 |
| DRIVING RANGE | $4,024 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$53K
unchanged YoY
Net land, buildings & equipment
$149K
book value, net of depreciation
Facility age
76%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $9,834 |
| Occupancy | $15,885 |
| Depreciation & depletion | $13,114 |
| Advertising & promotion | $74 |
| Office expenses | $1,208 |
TFounded in 1991, Town And Country Golf Club Inc reported $197k of revenue for FY23, at an operating margin of 12.7%. Revenue moved down 5.6% 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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