LAKE501(c)(7) · MEDIUMNAICS 713910EIN 42-0995331
Lakeshore Golf & Country Club
Afton, IA · founded 1973
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$289k
▲ 122.8% YoY
FY23 Total Expenses
$164k
▲ 0.5% YoY
Operating Margin
43.1%
revenue minus expenses ÷ revenue
Employees
5
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$289K
▲ 205.6% / 5y
Expenses
$164K
▲ 71.1% / 5y
Total Assets
$201K
▲ 212.8% / 5y
Total Liabilities
$32K
▲ 3496.4% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $95K | $146K | $146K | $130K | $289K | +205.6% |
| Expenses | $96K | $153K | $153K | $164K | $164K | +71.1% |
| Net surplus | -$1K | -$7K | -$7K | -$34K | $125K | -8698.4% |
| Total assets | $64K | $94K | $94K | $80K | $201K | +212.8% |
| Total liabilities | $900 | $41K | $41K | $39K | $32K | +3496.4% |
| Net assets | $63K | $53K | $53K | $41K | $168K | +166.1% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 8 unpaid officers/directors as reported (BRYAN ECKELS, GREG SHAWLER, JEREMY KERRIGAN, +5 more)
All 8 listed officers reported $0 compensation — volunteer board.
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$68K
book value, net of depreciation
Facility age
84%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $25,278 |
| Occupancy | $22,115 |
| Depreciation & depletion | $11,310 |
| Accounting fees | $2,865 |
LFounded in 1973, Lakeshore Golf & Country Club reported $289k of revenue for FY23, at an operating margin of 43.1%. Revenue moved up 122.8% 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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