TIPT501(c)(7) · MEDIUMNAICS 713910EIN 42-1278699

Tipton Country Club Inc

Tipton, IA · founded 1992
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$302k
▲ 25.0% YoY
FY23 Total Expenses
$260k
▲ 18.3% YoY
Operating Margin
14.0%
revenue minus expenses ÷ revenue
Employees
14
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$302K
▲ 37.8% / 5y
220341191242302
Expenses
$260K
▼ 3.7% / 5y
270225169220260
Total Assets
$939K
▲ 160.9% / 5y
360516898951939
Total Liabilities
$486K
▲ 325.8% / 5y
114154513542486

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$220K$341K$191K$242K$302K+37.8%
Expenses$270K$225K$169K$220K$260K-3.7%
Net surplus-$50K$116K$22K$22K$42K-184.4%
Total assets$360K$516K$898K$951K$939K+160.9%
Total liabilities$114K$154K$513K$542K$486K+325.8%
Net assets$246K$362K$385K$409K$453K+84.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
TRENT SCHROEDER
Board Secretary· 10h/wk
$1,950

+ 7 unpaid officers/directors as reported (CHRIS PRUESS, DON ROTH, JULIE WILLIAMS, +4 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
COUNTRY CLUB - PUBLIC$33,344
CLUBHOUSE RENT$18,750
COUNTRY CLUB - MEMBERS$7,999
PROGRAM SERVICE REVENUE$3,167

TFounded in 1992, Tipton Country Club Inc reported $302k of revenue for FY23, at an operating margin of 14.0%. Revenue moved up 25.0% 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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