RHOL501(c)(7) · MEDIUMNAICS 713910EIN 56-6075553

Rolling Hills Country Club Inc

Monroe, NC · founded 1966
12 filings on recordFY 20122023medium confidence
FY23 Total Revenue
$5.16M
▲ 28.4% YoY
FY23 Total Expenses
$4.21M
▲ 14.2% YoY
Operating Margin
18.5%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$5.2M
▲ 48.1% / 5y
3.53.63.34.05.2
Expenses
$4.2M
▲ 21.2% / 5y
3.53.53.13.74.2
Total Assets
$4.3M
▲ 50.4% / 5y
2.83.03.13.54.3
Total Liabilities
$1.1M
▼ 9.4% / 5y
1.31.31.31.31.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.5M$3.6M$3.3M$4.0M$5.2M+48.1%
Expenses$3.5M$3.5M$3.1M$3.7M$4.2M+21.2%
Net surplus$14K$80K$175K$336K$955K+6522.8%
Total assets$2.8M$3.0M$3.1M$3.5M$4.3M+50.4%
Total liabilities$1.3M$1.3M$1.3M$1.3M$1.1M-9.4%
Net assets$1.6M$1.7M$1.8M$2.2M$3.1M+98.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 4 unpaid officers/directors as reported (DR BUTCH RICHARDSON, JACK HARGETT, PATRICK BARTLETT, +1 more)

All 4 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
DINING, BAR & GRILL$1,216,487
GREENS/CART RENTAL$996,718
LESSON/MERCHANDISE$231,598
TENNIS LESSONS$14,723
POOL FEES$5,512

RFounded in 1966, Rolling Hills Country Club Inc reported $5.16M of revenue for FY23, at an operating margin of 18.5%. Revenue moved up 28.4% 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 Tue Feb 28 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Feb 28 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Feb 28 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 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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