LFAK501(c)(7) · MEDIUMNAICS 713910EIN 43-1340237

Lake Forest Golf And Country Club

Lake St Louis, MO · founded 1985
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$2.83M
▲ 16.6% YoY
FY23 Total Expenses
$2.91M
▲ 19.9% YoY
Operating Margin
-2.8%
revenue minus expenses ÷ revenue
Employees
60
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$2.8M
▲ 42.6% / 5y
2.02.52.52.42.8
Expenses
$2.9M
▲ 53.2% / 5y
1.92.12.12.42.9
Total Assets
$1.8M
▼ 4.0% / 5y
1.81.71.71.81.8
Total Liabilities
$1.6M
▼ 25.6% / 5y
2.21.71.71.81.6

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.0M$2.5M$2.5M$2.4M$2.8M+42.6%
Expenses$1.9M$2.1M$2.1M$2.4M$2.9M+53.2%
Net surplus$85K$401K$401K$1K-$79K-193.0%
Total assets$1.8M$1.7M$1.7M$1.8M$1.8M-4.0%
Total liabilities$2.2M$1.7M$1.7M$1.8M$1.6M-25.6%
Net assets-$315K$52K$52K$75K$162K-151.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 8 unpaid officers/directors as reported (BRIEN SPENSIG, DON HUTCHINSON, JAMES MCCORMICK, +5 more)

All 8 listed officers reported $0 compensation — volunteer board.

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
DUES$2,010,859
GOLF OPERATIONS$617,868
INITIATION FEES$222,715
MISC$21,740

LFounded in 1985, Lake Forest Golf And Country Club reported $2.83M of revenue for FY23, at an operating margin of -2.8%. Revenue moved up 16.6% 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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