OAKE501(c)(7) · MEDIUMNAICS 713910EIN 45-0241370

Oakes Golf Club

Oakes, ND · founded 1955
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$193k
▲ 68.6% YoY
FY23 Total Expenses
$156k
▼ 16.4% YoY
Operating Margin
18.8%
revenue minus expenses ÷ revenue
Employees
16
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$193K
▲ 29.2% / 5y
149160148114193
Expenses
$156K
▲ 13.9% / 5y
137124143187156
Total Assets
$186K
▲ 5.9% / 5y
176212217162186
Total Liabilities
$9K
▲ 239.9% / 5y
322209

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$149K$160K$148K$114K$193K+29.2%
Expenses$137K$124K$143K$187K$156K+13.9%
Net surplus$12K$36K$5K-$73K$36K+205.9%
Total assets$176K$212K$217K$162K$186K+5.9%
Total liabilities$3K$2K$2K$20K$9K+239.9%
Net assets$209K$178K-15.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 6 unpaid officers/directors as reported (AARON HELD, DALE SKJEFTE, GARRET MEEHL, +3 more)

All 6 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
$139K
book value, net of depreciation
Facility age
74%
accumulated depreciation ÷ cost — higher = older plant

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX
Insurance$8,871
Occupancy$23,655
Depreciation & depletion$11,709
Advertising & promotion$249
Office expenses$837
Accounting fees$7,863

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

OFounded in 1955, Oakes Golf Club reported $193k of revenue for FY23, at an operating margin of 18.8%. Revenue moved up 68.6% 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
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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