FPOR501(c)(7) · MEDIUMNAICS 713910EIN 54-0213989
Forest Park Country Club Inc
Martinsville, VA · founded 1941
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$534k
▲ 0.4% YoY
FY23 Total Expenses
$469k
▼ 18.9% YoY
Operating Margin
12.3%
revenue minus expenses ÷ revenue
Employees
31
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$534K
▲ 76.8% / 5y
Expenses
$469K
▲ 16.7% / 5y
Total Assets
$94K
▼ 40.6% / 5y
Total Liabilities
$856K
▼ 15.3% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $302K | $488K | $488K | $532K | $534K | +76.8% |
| Expenses | $402K | $499K | $499K | $577K | $469K | +16.7% |
| Net surplus | -$99K | -$11K | -$11K | -$45K | $66K | -166.2% |
| Total assets | $158K | $84K | $84K | $74K | $94K | -40.6% |
| Total liabilities | $1.0M | $932K | $932K | $902K | $856K | -15.3% |
| Net assets | -$853K | -$848K | -$848K | -$828K | -$762K | -10.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 11 unpaid officers/directors as reported (BOB MOORE, BROOK TAYLOR, CHRIS CLARK, +8 more)
All 11 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 COURSE | $225,467 |
| POOL INCOME | $28,915 |
| PRO SHOP | $19,414 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$811K
▼ $13K paid down
Net land, buildings & equipment
$18K
book value, net of depreciation
Facility age
99%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $8,730 |
| Occupancy | $55,274 |
| Office expenses | $11,310 |
| Legal fees | $1,535 |
| Accounting fees | $19,766 |
| Other professional fees | $1,069 |
FFounded in 1941, Forest Park Country Club Inc reported $534k of revenue for FY23, at an operating margin of 12.3%. Revenue moved up 0.4% 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
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