BLOO501(c)(7) · MEDIUMNAICS 713910EIN 42-0144242
Bloomfield Country Club
Bloomfield, IA · founded 2002
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$411k
▲ 2.4% YoY
FY23 Total Expenses
$300k
▲ 9.4% YoY
Operating Margin
27.0%
revenue minus expenses ÷ revenue
Employees
9
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$411K
▲ 127.6% / 5y
Expenses
$300K
▲ 115.0% / 5y
Total Assets
$610K
▲ 86.3% / 5y
Total Liabilities
$88K
▼ 44.4% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $181K | $299K | $299K | $402K | $411K | +127.6% |
| Expenses | $140K | $221K | $221K | $274K | $300K | +115.0% |
| Net surplus | $41K | $77K | $77K | $127K | $111K | +170.7% |
| Total assets | $327K | $478K | $478K | $546K | $610K | +86.3% |
| Total liabilities | $159K | $194K | $194K | $135K | $88K | -44.4% |
| Net assets | $169K | $283K | $283K | $410K | $521K | +209.3% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 7 unpaid officers/directors as reported (Abby Yearling, Gene Dewes, Jackie Boatman, +4 more)
All 7 listed officers reported $0 compensation — volunteer board.
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$84K
▼ $47K paid down
Net land, buildings & equipment
$300K
book value, net of depreciation
Facility age
7%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $9,235 |
| Occupancy | $0 |
| Depreciation & depletion | $0 |
| Information technology | $0 |
| Advertising & promotion | $330 |
| Office expenses | $2,643 |
| Legal fees | $0 |
| Accounting fees | $4,822 |
| Other professional fees | $474 |
BFounded in 2002, Bloomfield Country Club reported $411k of revenue for FY23, at an operating margin of 27.0%. Revenue moved up 2.4% 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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