FMSH501(c)(7) · MEDIUMNAICS 713910EIN 47-0520423

Fairbury Country Club 2 Mi S Hwy 15

Fairbury, NE · founded 1966
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$298k
▲ 2.4% YoY
FY23 Total Expenses
$324k
▲ 2.7% YoY
Operating Margin
-9.0%
revenue minus expenses ÷ revenue
Employees
11
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$298K
▲ 26.9% / 5y
235260260291298
Expenses
$324K
▲ 55.0% / 5y
209291291316324
Total Assets
$383K
▲ 3.4% / 5y
370440440441383
Total Liabilities
$324K
▲ 25.0% / 5y
260331331356324

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$235K$260K$260K$291K$298K+26.9%
Expenses$209K$291K$291K$316K$324K+55.0%
Net surplus$25K-$31K-$31K-$25K-$27K-206.1%
Total assets$370K$440K$440K$441K$383K+3.4%
Total liabilities$260K$331K$331K$356K$324K+25.0%
Net assets$111K$110K$110K$85K$59K-47.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 6 unpaid officers/directors as reported (CONNOR LIVINGSTON, JAMIE SWANDA, JUSTIN BENNETT, +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
$368K
book value, net of depreciation
Facility age
77%
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$20,671
Depreciation & depletion$57,662
Advertising & promotion$2,600
Office expenses$6,701
Accounting fees$4,740

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.

FFounded in 1966, Fairbury Country Club 2 Mi S Hwy 15 reported $298k of revenue for FY23, at an operating margin of -9.0%. Revenue moved up 2.4% 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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