ICYN501(c)(7) · MEDIUMNAICS 713910EIN 54-0610145

Indian Creek Yacht & Country Club Inc

Kilmarnock, VA · founded 1957
13 filings on recordFY 20122024medium confidence
Compare to peers →
FY24 Total Revenue
$4.37M
▲ 2.9% YoY
FY24 Total Expenses
$4.19M
▲ 4.9% YoY
Operating Margin
4.0%
revenue minus expenses ÷ revenue
Employees
114
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$4.4M
▲ 61.3% / 5y
2.72.73.94.24.4
Expenses
$4.2M
▲ 59.1% / 5y
2.62.63.34.04.2
Total Assets
$7.6M
▲ 32.1% / 5y
5.75.77.07.77.6
Total Liabilities
$2.8M
▲ 42.3% / 5y
2.02.02.63.12.8

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$2.7M$2.7M$3.9M$4.2M$4.4M+61.3%
Expenses$2.6M$2.6M$3.3M$4.0M$4.2M+59.1%
Net surplus$73K$73K$565K$250K$177K+141.6%
Total assets$5.7M$5.7M$7.0M$7.7M$7.6M+32.1%
Total liabilities$2.0M$2.0M$2.6M$3.1M$2.8M+42.3%
Net assets$3.8M$3.8M$4.3M$4.6M$4.8M+26.8%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
BRIAN DARLAK
GENERAL MANA· 40h/wk
$151,524

+ 12 unpaid officers/directors as reported (BARBARA FENTRESS, BARBARA MAYNARD, JIM PURCELL, +9 more)

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
GOLF$1,045,619
CAPITAL DUES$388,117
TENNIS & RACQUETBALL$166,455
INITIATION FEES$144,950
CAMPS$61,550

Balance sheet & capital

FY24 · IRS Form 990, Part X
Mortgages & notes payable
$2.0M
$369K paid down
Net land, buildings & equipment
$5.3M
book value, net of depreciation
Facility age
59%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$587K$1.2M$1.8M$2.3MFY20 · $1.4MFY20FY21 · $1.4MFY21FY22 · $2.0MFY22FY23 · $2.3MFY23FY24 · $2.0MFY24

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

Professionally managedFY24 · Form 990, Part IX
Management fees$27,458
Insurance$275,520
Occupancy$692,532
Depreciation & depletion$353,545
Information technology$88,503
Advertising & promotion$73,671
Office expenses$193,912
Legal fees$17,951
Accounting fees$14,250

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.

Seasonal labor

DOL OFLC · certified H-2B positions
RoleWage floor (annualized)WorkersSeason
Landscaping and Groundskeeping Workers
Kilmarnock, VA
$35K5Mar 2025 → Nov 2025
Cooks, Short Order
Kilmarnock, VA
$35K2Apr 2025 → Dec 2025
Waiters and Waitresses
Kilmarnock, VA
$33K3Apr 2025 → Dec 2025

Positions the club certified through the U.S. Department of Labor’s H-2B program — an independent, government wage floor for rank-and-file roles the Form 990 never itemizes. Decision-maker contact available to members →

IFounded in 1957, Indian Creek Yacht & Country Club Inc reported $4.37M of revenue for FY24, at an operating margin of 4.0%. Revenue moved up 2.9% 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, FY2024 · period ending Sun Mar 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Mar 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
The Quarterly · free

Get Indian Creek Yacht & 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

Clubs within ±20% of your $4.4M in total revenue.

PENFPenfield Country Club Inc
Revenue $4.4M — near your $4.4M
WESTWestmoreland Country Club
Revenue $4.4M — near your $4.4M
SYLVSylvania Country Club
Revenue $4.3M — near your $4.4M
Same state · VA

Clubs in VA, ordered by how close their revenue is to yours.

Similar revenue mix

Clubs whose split across dues, golf, F&B and racquets most resembles yours.

EMLEEl Macero Country Club Inc
98% similar revenue mix
SQUISquires Golf Club
97% similar revenue mix
Similar payroll intensity

Clubs spending ~47% of revenue on payroll, like you.

ROXIRoxiticus Golf Club
Payroll intensity 46.6% · near your 46.6%
LRAFLafollette Country Club Country Club Road
Payroll intensity 46.6% · near your 46.6%
SHCHShady Hollow Country Club Company
Payroll intensity 46.6% · near your 46.6%
IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
what we read
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4×
a year · never more
990·
every figure, to a filing
Subscribe
Quarterly only · no spam

No sales mail, no third-party lists.
Unsubscribe anytime.

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel