CFOW501(c)(7) · MEDIUMNAICS 713910EIN 56-0792042

Cowans Ford Country Club Inc

Stanley, NC · founded 1966
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$2.89M
▼ 0.5% YoY
FY23 Total Expenses
$2.73M
▲ 7.9% YoY
Operating Margin
5.5%
revenue minus expenses ÷ revenue
Employees
74
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$2.9M
▲ 25.1% / 5y
2.32.72.72.92.9
Expenses
$2.7M
▲ 35.8% / 5y
2.02.42.42.52.7
Total Assets
$6.8M
▼ 5.2% / 5y
7.28.18.18.36.8
Total Liabilities
$2.0M
▲ 99.9% / 5y
1.02.22.22.12.0

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.3M$2.7M$2.7M$2.9M$2.9M+25.1%
Expenses$2.0M$2.4M$2.4M$2.5M$2.7M+35.8%
Net surplus$299K$368K$368K$374K$160K-46.5%
Total assets$7.2M$8.1M$8.1M$8.3M$6.8M-5.2%
Total liabilities$1.0M$2.2M$2.2M$2.1M$2.0M+99.9%
Net assets$6.2M$5.9M$5.9M$6.2M$4.8M-22.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 13 unpaid officers/directors as reported (CARL ROBINSON, CHAD WEBB, JERRY SENNETT, +10 more)

All 13 listed officers reported $0 compensation — volunteer board.

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$1,898,415
GOLF FEES$410,023
NON-MEMBER GOLF REVENUE$164,307
MISCELLANEOUS INCOME$44,026
SWIM FEES$16,740

CFounded in 1966, Cowans Ford Country Club Inc reported $2.89M of revenue for FY23, at an operating margin of 5.5%. Revenue moved down 0.5% 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 Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 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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