BELO501(c)(7) · MEDIUMNAICS 713910EIN 48-0538096
Beloit Country Club Inc
Beloit, KS · founded 1944
12 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$358k
▲ 10.8% YoY
FY23 Total Expenses
$348k
▲ 19.9% YoY
Operating Margin
2.7%
revenue minus expenses ÷ revenue
Employees
24
headcount as reported on filing
The Five-Year Picture
FY2018 — FY2023 · as filed
Revenue
$358K
▲ 23.5% / 5y
Expenses
$348K
▲ 3.0% / 5y
Total Assets
$376K
▲ 21.5% / 5y
Total Liabilities
$68K
▲ 16.7% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY18 | FY19 | FY20 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $290K | $309K | $330K | $323K | $358K | +23.5% |
| Expenses | $338K | $322K | $295K | $290K | $348K | +3.0% |
| Net surplus | -$48K | -$13K | $35K | $32K | $10K | -119.7% |
| Total assets | $309K | $310K | $391K | $328K | $376K | +21.5% |
| Total liabilities | $58K | $53K | $107K | $35K | $68K | +16.7% |
| Net assets | $251K | $257K | $284K | $293K | $308K | +22.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 7 unpaid officers/directors as reported (BRYON PALEN, JULIE HARRISON, LORRAINE HARRIS, +4 more)
All 7 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 item | Amount |
|---|---|
| GOLF REVENUES | $58,756 |
| SPECIAL EVENTS | $18,337 |
| SPECIAL ASSESSMENTS | $11,069 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$65K
▲ $35K new borrowing
Net land, buildings & equipment
$123K
book value, net of depreciation
Facility age
85%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $11,956 |
| Depreciation & depletion | $22,624 |
| Advertising & promotion | $506 |
| Office expenses | $1,889 |
| Accounting fees | $7,260 |
BFounded in 1944, Beloit Country Club Inc reported $358k of revenue for FY23, at an operating margin of 2.7%. Revenue moved up 10.8% 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
The Quarterly · free
Get Beloit Country Club Inc’s next filing — the day it posts.
We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.
Quarterly only · no spam
Free · quarterly · unsubscribe in one click
Similar clubs
matched on revenue, geography & business mix
Same revenue band
TORETreasure Oak Country Club Inc
Revenue $357K — near your $358K
$357Kcompare →
TCWITwin Creeks Golf Club
Revenue $357K — near your $358K
$357Kcompare →
GAREGreen Acres Country Club Inc
Revenue $359K — near your $358K
$359Kcompare →
Same state · KS
HAIAHiawatha Country Club Assn
KS club · $348K
$348Kcompare →
SHUGSugar Hills Golf Club Inc
KS club · $385K
$385Kcompare →
OAKLOakley Country Club
KS club · $387K
$387Kcompare →
Similar revenue mix
SMCOScotch Meadows Country Club Inc
98% similar revenue mix
$626Kcompare →
SOWISwitzerland Of Ohio Country Club
97% similar revenue mix
$513Kcompare →
MECKMecklenburg Country Club Inc
97% similar revenue mix
$274Kcompare →
Similar payroll intensity
PBLUPlum Brook Country Club
Payroll intensity 38.3% · near your 38.3%
$3.0Mcompare →
HSOTHot Springs Country Club Inc
Payroll intensity 38.3% · near your 38.3%
$4.5Mcompare →
CROSCrosby Country Club
Payroll intensity 38.3% · near your 38.3%
$192Kcompare →