WYAS501(c)(7) · MEDIUMNAICS 713910EIN 56-0523297
Washington Yacht & Country Club Inc
Washington, NC · founded 1950
12 filings on recordFY 2012–2022medium confidence
Compare to peers →FY22 Total Revenue
$1.88M
▲ 10.7% YoY
FY22 Total Expenses
$1.99M
▲ 30.3% YoY
Operating Margin
-5.8%
revenue minus expenses ÷ revenue
Employees
90
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2022 · as filed
Revenue
$1.9M
▲ 59.7% / 5y
Expenses
$2.0M
▲ 73.0% / 5y
Total Assets
$1.0M
▼ 17.9% / 5y
Total Liabilities
$1.3M
▲ 1.9% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY20 | FY21 | FY22 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $1.2M | $1.7M | $1.7M | $1.7M | $1.9M | +59.7% |
| Expenses | $1.2M | $1.5M | $1.5M | $1.5M | $2.0M | +73.0% |
| Net surplus | $28K | $172K | $172K | $172K | -$109K | -490.1% |
| Total assets | $1.2M | $1.2M | $1.2M | $1.2M | $1.0M | -17.9% |
| Total liabilities | $1.3M | $1.4M | $1.4M | $1.4M | $1.3M | +1.9% |
| Net assets | -$69K | -$202K | -$202K | -$202K | -$311K | +352.7% |
Officer & staff compensation
FY22 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 10 unpaid officers/directors as reported (CHARLIE MANNING, DEBBIE GERARD, DON PERKINS, +7 more)
All 10 listed officers reported $0 compensation — volunteer board.
Top contractors
FY22 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY22 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| DUES | $1,025,124 |
| GOLF | $157,317 |
| YACHT | $127,078 |
| CAPITAL ASSESSMENT | $80,984 |
| OTHER INCOME | $66,980 |
Balance sheet & capital
FY22 · IRS Form 990, Part X
Mortgages & notes payable
$1.1M
▼ $7K paid down
Net land, buildings & equipment
$529K
book value, net of depreciation
Facility age
88%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY22 · Form 990, Part IX
| Insurance | $54,312 |
| Occupancy | $209,301 |
| Depreciation & depletion | $102,521 |
| Information technology | $24,823 |
| Advertising & promotion | $16,513 |
| Office expenses | $13,267 |
| Accounting fees | $22,139 |
WFounded in 1950, Washington Yacht & Country Club Inc reported $1.88M of revenue for FY22, at an operating margin of -5.8%. Revenue moved up 10.7% 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
The Quarterly · free
Get Washington 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
SEARSearcy Country Club Inc
Revenue $1.9M — near your $1.9M
$1.9Mcompare →
COLUColumbia Golf & Country Club Inc
Revenue $1.9M — near your $1.9M
$1.9Mcompare →
LHINLincoln Hills Golf Club
Revenue $1.9M — near your $1.9M
$1.9Mcompare →
Same state · NC
WLOLWolf Laurel Country Club Inc
NC club · $1.9M
$1.9Mcompare →
MHRHMimosa Hills Golf Club Inc Golf Course Rd Hwy 181
NC club · $1.8M
$1.8Mcompare →
PNORPorters Neck Country Club Inc
NC club · $1.8M
$1.8Mcompare →
Similar revenue mix
KENOKenosha Country Club
100% similar revenue mix
$3.6Mcompare →
TRNYTeugega Country Club Of Rome N Y
100% similar revenue mix
$2.4Mcompare →
MLEDMedford Lakes Country Club
100% similar revenue mix
$3.4Mcompare →
Similar payroll intensity
WOODWoodbridge Golf & Country Club
Payroll intensity 56.3% · near your 56.3%
$7.4Mcompare →
VHALValley Hi Country Club
Payroll intensity 56.3% · near your 56.3%
$5.5Mcompare →
PIETCountry Club Of Petersburg Incorporated
Payroll intensity 56.3% · near your 56.3%
$2.4Mcompare →