GRAC501(c)(7) · MEDIUMNAICS 713910EIN 41-6030174

Graceville Golf Club Inc

Graceville, MN · founded 1943
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$271k
▲ 24.2% YoY
FY23 Total Expenses
$213k
▲ 9.1% YoY
Operating Margin
21.5%
revenue minus expenses ÷ revenue
Employees
15
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$271K
▲ 52.9% / 5y
177188219218271
Expenses
$213K
▲ 35.1% / 5y
157179184195213
Total Assets
$306K
▲ 51.0% / 5y
203207232248306
Total Liabilities
$983
▼ 95.7% / 5y
2318911

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$177K$188K$219K$218K$271K+52.9%
Expenses$157K$179K$184K$195K$213K+35.1%
Net surplus$20K$9K$35K$23K$58K+193.9%
Total assets$203K$207K$232K$248K$306K+51.0%
Total liabilities$23K$18K$9K$1K$983-95.7%
Net assets$180K$189K$224K$247K$305K+69.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 7 unpaid officers/directors as reported (CARLA GILSDORF, CHAD ZIMMEL, DAVID AMMERMAN, +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
MEMBERSHIPS$60,820
GREEN FEES & TRAIL FEES$39,770
RENT OF CARTS & SHEDS$34,607
TOURNAMENTS$19,060
MENS NITE$9,808

GFounded in 1943, Graceville Golf Club Inc reported $271k of revenue for FY23, at an operating margin of 21.5%. Revenue moved up 24.2% 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
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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