SPOT501(c)(7) · MEDIUMNAICS 713910EIN 54-0787945

Spotswood Country Club Inc

Harrisonburg, VA · founded 1969
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$2.27M
▲ 1.5% YoY
FY23 Total Expenses
$2.24M
▲ 5.5% YoY
Operating Margin
1.1%
revenue minus expenses ÷ revenue
Employees
90
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$2.3M
▲ 22.9% / 5y
1.81.81.82.22.3
Expenses
$2.2M
▲ 1.7% / 5y
2.22.02.02.12.2
Total Assets
$3.2M
▲ 2.6% / 5y
3.13.43.43.13.2
Total Liabilities
$1.3M
▲ 85.1% / 5y
6891.61.61.31.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.8M$1.8M$1.8M$2.2M$2.3M+22.9%
Expenses$2.2M$2.0M$2.0M$2.1M$2.2M+1.7%
Net surplus-$359K-$184K-$184K$107K$25K-106.9%
Total assets$3.1M$3.4M$3.4M$3.1M$3.2M+2.6%
Total liabilities$689K$1.6M$1.6M$1.3M$1.3M+85.1%
Net assets$2.4M$1.8M$1.8M$1.9M$1.9M-21.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MIKE KING
General Manager· 40h/wk
$127,975

+ 12 unpaid officers/directors as reported (BILL LOOMIS, BRENT LENZ, CHRIS SLONAKER, +9 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
MEMBER DUES$1,322,757
GOLF REVENUE$374,668
OPERATING ASSESSMENT$105,155
INITIATION FEES$6,500
TENNIS REVENUE$5,808

SFounded in 1969, Spotswood Country Club Inc reported $2.27M of revenue for FY23, at an operating margin of 1.1%. Revenue moved up 1.5% 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 Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Oct 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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