DWMY501(c)(7) · CONFIRMEDNAICS 713910EIN 45-4431923

Dyes Walk Members Inc

Greenwood, IN · founded 2012
12 filings on recordFY 20122023high confidence
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FY23 Total Revenue
$3.39M
▲ 2.2% YoY
FY23 Total Expenses
$2.90M
▲ 6.4% YoY
Operating Margin
14.6%
revenue minus expenses ÷ revenue
Employees
129
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.4M
▲ 61.4% / 5y
2.12.82.83.33.4
Expenses
$2.9M
▲ 48.3% / 5y
2.02.42.42.72.9
Total Assets
$6.3M
▲ 105.5% / 5y
3.14.54.55.56.3
Total Liabilities
$3.7M
▲ 72.4% / 5y
2.12.92.93.43.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.1M$2.8M$2.8M$3.3M$3.4M+61.4%
Expenses$2.0M$2.4M$2.4M$2.7M$2.9M+48.3%
Net surplus$148K$324K$324K$595K$494K+233.6%
Total assets$3.1M$4.5M$4.5M$5.5M$6.3M+105.5%
Total liabilities$2.1M$2.9M$2.9M$3.4M$3.7M+72.4%
Net assets$926K$1.5M$1.5M$2.1M$2.6M+182.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 9 unpaid officers/directors as reported (BJ BROOKSHIRE, BRIAN BRAMES, GREG YOUNG, +6 more)

All 9 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
GOLF AND GOLF RELATED$950,054
GOLF COURSE EVENTS$362,213

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$3.3M
$116K new borrowing
Net land, buildings & equipment
$5.5M
book value, net of depreciation
Facility age
25%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$834K$1.7M$2.5M$3.3MFY20 · $2.8MFY20FY21 · $2.8MFY21FY22 · $3.2MFY22FY23 · $3.3MFY23

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$51,993
Occupancy$108,820
Depreciation & depletion$278,486
Information technology$34,210
Advertising & promotion$14,336
Office expenses$61,839
Legal fees$9,005
Accounting fees$32,148
Other professional fees$8,550

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.

DFounded in 2012, Dyes Walk Members Inc reported $3.39M of revenue for FY23, at an operating margin of 14.6%. Revenue moved up 2.2% 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)
+ 9 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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