FRED501(c)(7) · MEDIUMNAICS 713910EIN 54-0471444
Fredericksburg Country Club Inc
Fredericksbrg, VA · founded 1949
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$3.78M
▼ 13.6% YoY
FY23 Total Expenses
$3.89M
▲ 6.7% YoY
Operating Margin
-3.0%
revenue minus expenses ÷ revenue
Employees
146
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$3.8M
▲ 44.9% / 5y
Expenses
$3.9M
▲ 41.5% / 5y
Total Assets
$6.8M
▲ 16.6% / 5y
Total Liabilities
$3.4M
▼ 3.6% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $2.6M | $3.3M | $3.3M | $4.4M | $3.8M | +44.9% |
| Expenses | $2.8M | $2.4M | $2.4M | $3.6M | $3.9M | +41.5% |
| Net surplus | -$143K | $887K | $887K | $723K | -$115K | -19.9% |
| Total assets | $5.9M | $6.8M | $6.8M | $7.0M | $6.8M | +16.6% |
| Total liabilities | $3.5M | $4.0M | $4.0M | $3.4M | $3.4M | -3.6% |
| Net assets | $2.4M | $2.8M | $2.8M | $3.6M | $3.5M | +46.2% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
CARL KOONS General Manager· 60h/wk | $140,000 | — |
BRIAN WALKER GOLF DIRECTOR· 40h/wk | $78,000 | — |
+ 9 unpaid officers/directors as reported (ARMAND FREDETTE, BEN HALL, CHRIS HOISKA, +6 more)
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 |
|---|---|
| MEMBERSHIP DUES AND ASSESSMENTS | $2,217,133 |
| GOLF AND GREENS FEES | $625,493 |
| TENNIS FEES | $63,316 |
| OTHER MEMBER INCOME | $24,234 |
| POOL FEES | $16,328 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$2.8M
▼ $133K paid down
Net land, buildings & equipment
$5.4M
book value, net of depreciation
Facility age
55%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $78,146 |
| Occupancy | $159,265 |
| Depreciation & depletion | $315,938 |
| Information technology | $9,539 |
| Advertising & promotion | $51,662 |
| Office expenses | $145,508 |
| Legal fees | $26,942 |
| Other professional fees | $10,691 |
FFounded in 1949, Fredericksburg Country Club Inc reported $3.78M of revenue for FY23, at an operating margin of -3.0%. Revenue moved down 13.6% 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 Fredericksburg 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
NEWNNewnan Country Club
Revenue $3.8M — near your $3.8M
$3.8Mcompare →
VALDValdosta Country Club
Revenue $3.8M — near your $3.8M
$3.8Mcompare →
BDMUButte Des Morts Country Club Inc
Revenue $3.8M — near your $3.8M
$3.8Mcompare →
Same state · VA
WINCWinchester Golf Club Inc
VA club · $3.8M
$3.8Mcompare →
ICYNIndian Creek Yacht & Country Club Inc
VA club · $4.4M
$4.4Mcompare →
BAYVBayville Golf Club
VA club · $4.6M
$4.6Mcompare →
Similar revenue mix
EDGEEdgewood Country Club
100% similar revenue mix
$3.1Mcompare →
HILLHillendale Country Club Inc
100% similar revenue mix
$3.6Mcompare →
ESTEEstero Country Club Inc
100% similar revenue mix
$5.8Mcompare →
Similar payroll intensity
WOODWoodstock Country Club Inc
Payroll intensity 62.7% · near your 62.8%
$901Kcompare →
NFIANiagara Falls Country Club
Payroll intensity 62.7% · near your 62.8%
$4.4Mcompare →
WUILWildwood Golf & Country Club Unc
Payroll intensity 62.9% · near your 62.8%
$349Kcompare →