DAVE501(c)(7) · MEDIUMNAICS 713910EIN 42-0208050

Davenport Country Club

Pleasant Valley, IA · founded 1960
13 filings on recordFY 20112023medium confidence
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
4.34.05.55.76.4
Expenses
$5.6M
▲ 28.0% / 5y
4.44.14.35.05.6
Total Assets
$8.8M
▲ 16.3% / 5y
7.57.98.38.58.8
Total Liabilities
$4.3M
▼ 24.0% / 5y
5.76.05.34.84.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ 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 · EmployeeReportableOther
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 itemAmount
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
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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