MAOU501(c)(7) · MEDIUMNAICS 713910EIN 56-0331740
Mount Airy Country Club Inc
Mount Airy, NC · founded 1942
14 filings on recordFY 2011–2024medium confidence
Compare to peers →FY24 Total Revenue
$468k
▲ 7.7% YoY
FY24 Total Expenses
$469k
▲ 3.0% YoY
Operating Margin
-0.1%
revenue minus expenses ÷ revenue
Employees
40
headcount as reported on filing
The Five-Year Picture
FY2020 — FY2024 · as filed
Revenue
$468K
▲ 14.5% / 5y
Expenses
$469K
▲ 12.5% / 5y
Total Assets
$1.3M
▼ 0.7% / 5y
Total Liabilities
$256K
▲ 3.3% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY20 | FY21 | FY22 | FY23 | FY24 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $409K | $409K | $468K | $435K | $468K | +14.5% |
| Expenses | $417K | $417K | $465K | $455K | $469K | +12.5% |
| Net surplus | -$8K | -$8K | $4K | -$20K | -$573 | -92.7% |
| Total assets | $1.3M | $1.3M | $1.4M | $1.3M | $1.3M | -0.7% |
| Total liabilities | $248K | $248K | $265K | $266K | $256K | +3.3% |
| Net assets | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | -1.5% |
Officer & staff compensation
FY24 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 9 unpaid officers/directors as reported (AUSTIN HIATT, DREW ESTES, JAKE PENDLETON, +6 more)
All 9 listed officers reported $0 compensation — volunteer board.
Balance sheet & capital
FY24 · IRS Form 990, Part X
Mortgages & notes payable
$194K
▼ $14K paid down
Net land, buildings & equipment
$1.2M
book value, net of depreciation
Facility age
8%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY24 · Form 990, Part IX
| Insurance | $24,095 |
| Occupancy | $43,792 |
| Depreciation & depletion | $19,556 |
| Office expenses | $2,561 |
| Accounting fees | $4,683 |
MFounded in 1942, Mount Airy Country Club Inc reported $468k of revenue for FY24, at an operating margin of -0.1%. Revenue moved up 7.7% 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.
Source documents
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