WAVE501(c)(7) · MEDIUMNAICS 713910EIN 42-0664307
Waverly Golf & Country Club Inc
Waverly, IA · founded 1958
10 filings on recordFY 2011–2020medium confidence
Compare to peers →FY20 Total Revenue
$176k
▼ 12.5% YoY
FY20 Total Expenses
$191k
▲ 1.2% YoY
Operating Margin
-8.6%
revenue minus expenses ÷ revenue
Employees
24
headcount as reported on filing
The Five-Year Picture
FY2016 — FY2020 · as filed
Revenue
$176K
▼ 16.8% / 5y
Expenses
$191K
▼ 14.8% / 5y
Total Assets
$253K
▲ 44.5% / 5y
Total Liabilities
$123K
▼ 8.3% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY16 | FY17 | FY18 | FY19 | FY20 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $211K | $195K | $253K | $201K | $176K | -16.8% |
| Expenses | $224K | $204K | $186K | $189K | $191K | -14.8% |
| Net surplus | -$13K | -$9K | $68K | $12K | -$15K | +18.0% |
| Total assets | $175K | $186K | $245K | $241K | $253K | +44.5% |
| Total liabilities | $135K | $155K | $146K | $130K | $123K | -8.3% |
| Net assets | $40K | $31K | $98K | $111K | $129K | +221.4% |
Officer & staff compensation
FY20 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 4 unpaid officers/directors as reported (BARB CORSON, CHRIS STEGGALL, KRISTA PLATTE, +1 more)
All 4 listed officers reported $0 compensation — volunteer board.
Balance sheet & capital
FY20 · IRS Form 990, Part X
Mortgages & notes payable
$112K
▼ $27K paid down
Net land, buildings & equipment
$175K
book value, net of depreciation
Facility age
75%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY20 · Form 990, Part IX
| Insurance | $9,704 |
| Occupancy | $24,958 |
| Depreciation & depletion | $7,649 |
| Advertising & promotion | $1,561 |
| Office expenses | $901 |
| Accounting fees | $5,605 |
WFounded in 1958, Waverly Golf & Country Club Inc reported $176k of revenue for FY20, at an operating margin of -8.6%. Revenue moved down 12.5% 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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