RHOL501(c)(7) · MEDIUMNAICS 713910EIN 48-0523618

Rolling Hills Country Club Inc

Wichita, KS · founded 1950
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$4.58M
▲ 13.0% YoY
FY23 Total Expenses
$4.77M
▲ 9.4% YoY
Operating Margin
-4.2%
revenue minus expenses ÷ revenue
Employees
155
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$4.6M
▲ 40.9% / 5y
3.24.24.24.04.6
Expenses
$4.8M
▲ 43.3% / 5y
3.33.63.64.44.8
Total Assets
$5.1M
▲ 18.1% / 5y
4.35.05.04.95.1
Total Liabilities
$3.7M
▲ 14.9% / 5y
3.23.13.13.33.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.2M$4.2M$4.2M$4.0M$4.6M+40.9%
Expenses$3.3M$3.6M$3.6M$4.4M$4.8M+43.3%
Net surplus-$78K$586K$586K-$309K-$191K+144.2%
Total assets$4.3M$5.0M$5.0M$4.9M$5.1M+18.1%
Total liabilities$3.2M$3.1M$3.1M$3.3M$3.7M+14.9%
Net assets$1.1M$1.9M$1.9M$1.6M$1.4M+27.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 9 unpaid officers/directors as reported (BLAINE THARP, BLAKE BYFIELD, COLE GOLDEN, +6 more)

All 9 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
$3.7M
book value, net of depreciation
Facility age
68%
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$12,437
Occupancy$316,915
Depreciation & depletion$257,913
Advertising & promotion$20,214
Office expenses$215,036
Accounting fees$124,313

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.

Retirement & benefit plans

DOL Form 5500 · plan sponsors
RHCC 401K PLAN
pension · 38 participants · $480K assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

RFounded in 1950, Rolling Hills Country Club Inc reported $4.58M of revenue for FY23, at an operating margin of -4.2%. Revenue moved up 13.0% 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
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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