GAFF501(c)(7) · MEDIUMNAICS 713910EIN 56-2259121
Gaffney Country Club Inc
Blacksburg, SC · founded 2002
12 filings on recordFY 2012–2024medium confidence
Compare to peers →FY24 Total Revenue
$166k
▲ 5.0% YoY
FY24 Total Expenses
$135k
▲ 1.3% YoY
Operating Margin
18.6%
revenue minus expenses ÷ revenue
Employees
4
headcount as reported on filing
The Five-Year Picture
FY2020 — FY2024 · as filed
Revenue
$166K
▲ 10.0% / 5y
Expenses
$135K
▼ 19.3% / 5y
Total Assets
$108K
▲ 83.1% / 5y
Total Liabilities
$15K
▼ 30.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY20 | FY21 | FY22 | FY23 | FY24 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $151K | $151K | $162K | $158K | $166K | +10.0% |
| Expenses | $167K | $167K | $134K | $133K | $135K | -19.3% |
| Net surplus | -$17K | -$17K | $28K | $25K | $31K | -284.6% |
| Total assets | $59K | $59K | $83K | $84K | $108K | +83.1% |
| Total liabilities | $22K | $22K | $22K | $22K | $15K | -30.8% |
| Net assets | $36K | $36K | $61K | $61K | $92K | +152.6% |
Officer & staff compensation
FY24 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 1 unpaid officer/director as reported (MARY DARR)
All 1 listed officer reported $0 compensation — volunteer board.
Balance sheet & capital
FY24 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$53K
book value, net of depreciation
Facility age
48%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY24 · Form 990, Part IX
| Insurance | $9,939 |
| Depreciation & depletion | $604 |
| Office expenses | $884 |
| Accounting fees | $1,750 |
GFounded in 2002, Gaffney Country Club Inc reported $166k of revenue for FY24, at an operating margin of 18.6%. Revenue moved up 5.0% 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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