FHOU501(c)(7) · MEDIUMNAICS 713910EIN 52-0316585

Fountain Head Country Club Inc

Hagerstown, MD · founded 1936
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$3.88M
▼ 0.8% YoY
FY23 Total Expenses
$3.98M
▼ 3.5% YoY
Operating Margin
-2.7%
revenue minus expenses ÷ revenue
Employees
136
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.9M
▲ 15.7% / 5y
3.42.93.43.93.9
Expenses
$4.0M
▲ 13.1% / 5y
3.53.23.34.14.0
Total Assets
$6.2M
▼ 8.1% / 5y
6.86.76.76.66.2
Total Liabilities
$5.8M
▲ 0.3% / 5y
5.86.05.96.05.8

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.4M$2.9M$3.4M$3.9M$3.9M+15.7%
Expenses$3.5M$3.2M$3.3M$4.1M$4.0M+13.1%
Net surplus-$168K-$300K$106K-$218K-$103K-38.5%
Total assets$6.8M$6.7M$6.7M$6.6M$6.2M-8.1%
Total liabilities$5.8M$6.0M$5.9M$6.0M$5.8M+0.3%
Net assets$999K$708K$825K$612K$430K-56.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
PATRICK CASEY START 2282023
General Manager· 40h/wk
$120,467$11,462
KAYLA SHANK
Controller· 40h/wk
$53,931$1,460
SCOTT IRWIN THRU 2272023
General Manager· 40h/wk
$33,594$3,156

+ 11 unpaid officers/directors as reported (BILL HENRY, CORY MOSKOWITZ, DAN FISHER, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES AND ASSESSMENTS$2,102,253
GOLF CART RENTALS$222,490
GREENS FEES$95,231
TENNIS COURTS$2,072

FFounded in 1936, Fountain Head Country Club Inc reported $3.88M of revenue for FY23, at an operating margin of -2.7%. Revenue moved down 0.8% 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
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
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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