AMES501(c)(7) · MEDIUMNAICS 713910EIN 42-0114195

Ames Golf And Country Club

Ames, IA · founded 1969
13 filings on recordFY 20112023medium confidence
Compare to peers →
FY23 Total Revenue
$1.77M
▲ 6.7% YoY
FY23 Total Expenses
$1.98M
▼ 3.0% YoY
Operating Margin
-12.1%
revenue minus expenses ÷ revenue
Employees
109
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$1.8M
▲ 41.7% / 5y
1.21.51.51.71.8
Expenses
$2.0M
▲ 53.4% / 5y
1.31.61.62.02.0
Total Assets
$2.3M
▼ 13.1% / 5y
2.62.42.42.22.3
Total Liabilities
$1.7M
▲ 16.5% / 5y
1.51.31.31.41.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.2M$1.5M$1.5M$1.7M$1.8M+41.7%
Expenses$1.3M$1.6M$1.6M$2.0M$2.0M+53.4%
Net surplus-$44K-$29K-$29K-$388K-$214K+389.9%
Total assets$2.6M$2.4M$2.4M$2.2M$2.3M-13.1%
Total liabilities$1.5M$1.3M$1.3M$1.4M$1.7M+16.5%
Net assets$1.1M$1.2M$1.2M$777K$563K-50.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 11 unpaid officers/directors as reported (DIANNE FALES, JACK HARTWIGSEN, JEREMY DAVIS, +8 more)

All 11 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
GREEN FEES/GOLF ACTIVITY$1,276,771
FOOD & BEV$492,995

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$1.5M
$291K new borrowing
Net land, buildings & equipment
$2.1M
book value, net of depreciation
Facility age
60%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$364K$727K$1.1M$1.5MFY20 · $1.2MFY20FY21 · $1.2MFY21FY22 · $1.2MFY22FY23 · $1.5MFY23

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX
Management fees$0
Insurance$45,941
Occupancy$0
Depreciation & depletion$259,521
Information technology$0
Advertising & promotion$0
Office expenses$26,585
Legal fees$0
Accounting fees$0
Other professional fees$0

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

AFounded in 1969, Ames Golf And Country Club reported $1.77M of revenue for FY23, at an operating margin of -12.1%. Revenue moved up 6.7% 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
The Quarterly · free

Get Ames Golf And Country Club’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

Clubs within ±20% of your $1.8M in total revenue.

MBOOMoon Brook Country Club Inc
Revenue $1.8M — near your $1.8M
PNORPorters Neck Country Club Inc
Revenue $1.8M — near your $1.8M
OCBEOberlin Golf Club Company
Revenue $1.8M — near your $1.8M
Same state · IA

Clubs in IA, ordered by how close their revenue is to yours.

Similar revenue mix

Clubs whose split across dues, golf, F&B and racquets most resembles yours.

WILLWillowbrook Country Club
98% similar revenue mix
Similar payroll intensity

Clubs spending ~41% of revenue on payroll, like you.

OCBAObannon Creek Golf Club Inc
Payroll intensity 41.0% · near your 41.0%
AADRAdrian Area Country Club Inc
Payroll intensity 41.0% · near your 41.0%
ABERAberdeen Golf And Country Club Inc
Payroll intensity 41.1% · near your 41.0%
IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
what we read
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4×
a year · never more
990·
every figure, to a filing
Subscribe
Quarterly only · no spam

No sales mail, no third-party lists.
Unsubscribe anytime.

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel