DAVE501(c)(7) · MEDIUMNAICS 713910EIN 42-0208050
Davenport Country Club
Pleasant Valley, IA · founded 1960
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$6.39M
▲ 12.9% YoY
FY23 Total Expenses
$5.57M
▲ 11.2% YoY
Operating Margin
12.8%
revenue minus expenses ÷ revenue
Employees
207
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$6.4M
▲ 48.8% / 5y
Expenses
$5.6M
▲ 28.0% / 5y
Total Assets
$8.8M
▲ 16.3% / 5y
Total Liabilities
$4.3M
▼ 24.0% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $4.3M | $4.0M | $5.5M | $5.7M | $6.4M | +48.8% |
| Expenses | $4.4M | $4.1M | $4.3M | $5.0M | $5.6M | +28.0% |
| Net surplus | -$61K | -$55K | $1.1M | $649K | $818K | -1450.7% |
| Total assets | $7.5M | $7.9M | $8.3M | $8.5M | $8.8M | +16.3% |
| Total liabilities | $5.7M | $6.0M | $5.3M | $4.8M | $4.3M | -24.0% |
| Net assets | $1.9M | $1.8M | $2.9M | $3.7M | $4.5M | +137.9% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
JOHN PANEK CEO/GENERAL MANAGER· 60h/wk | $142,879 | $9,378 |
DEAN SPARKS DIRECTOR OF FACILITIES· 50h/wk | $113,709 | $2,234 |
+ 11 unpaid officers/directors as reported (ADAM KUNKEL, ANDREW SCRIVEN, DALE DOLLENBACHER, +8 more)
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 |
|---|---|
| GOLF CART RENTAL | $259,822 |
| OTHER FEES | $252,224 |
| GREEN FEES | $219,698 |
| SWIMMING & TENNIS FEES | $55,899 |
| UNUSED MINIMUMS | $54,718 |
DFounded in 1960, Davenport Country Club reported $6.39M of revenue for FY23, at an operating margin of 12.8%. Revenue moved up 12.9% 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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