| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $7.4M | $8.7M | $8.7M | $9.0M | $10.4M | +40.0% |
| Expenses | $8.2M | $8.9M | $8.9M | $9.7M | $12.1M | +47.8% |
| Net surplus | -$729K | -$190K | -$190K | -$674K | -$1.7M | +127.9% |
| Total assets | $23.0M | $27.5M | $27.5M | $32.1M | $38.5M | +67.6% |
| Total liabilities | $5.5M | $4.5M | $4.5M | $7.3M | $12.6M | +126.5% |
| Net assets | $17.4M | $23.1M | $23.1M | $24.8M | $26.0M | +48.9% |
| Officer · Employee | Reportable | Other |
|---|---|---|
COO/Assistance Secretary· 40h/wk | $289,202 | $8,502 |
Golf Course Superintendent· 40h/wk | $259,167 | $8,602 |
Chief Financial Officer· 40h/wk | $155,483 | $7,773 |
Head Golf Professional· 40h/wk | $127,061 | $8,267 |
Head Tennis Professional· 40h/wk | $116,691 | $5,435 |
+ 15 unpaid officers/directors as reported (, , , +12 more)
No contractors reported.
| Line item | Amount |
|---|---|
| Membership Dues & Initiation Fees | $6,282,638 |
| Golf Operations & Tournaments | $1,166,983 |
| Room Rental Fees | $654,931 |
| Tennis & Fitness Fees | $193,981 |
| Locker Rental & Shoe Shine | $78,328 |
BFounded in 1934, Biltmore Forest Country Club Inc reported $10.39M of revenue for FY23, at an operating margin of -16.0%. Revenue moved up 15.7% 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.