LAKE501(c)(7) · MEDIUMNAICS 713910EIN 57-0195482
Lakeside Country Club
Laurens, SC · founded 1970
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$749k
▲ 34.3% YoY
FY23 Total Expenses
$631k
▲ 5.4% YoY
Operating Margin
15.8%
revenue minus expenses ÷ revenue
Employees
16
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$749K
▲ 75.0% / 5y
Expenses
$631K
▲ 43.1% / 5y
Total Assets
$457K
▲ 72.7% / 5y
Total Liabilities
$212K
▲ 162.3% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $428K | $480K | $480K | $558K | $749K | +75.0% |
| Expenses | $441K | $521K | $521K | $598K | $631K | +43.1% |
| Net surplus | -$13K | -$40K | -$40K | -$40K | $119K | -1043.1% |
| Total assets | $265K | $249K | $249K | $263K | $457K | +72.7% |
| Total liabilities | $81K | $82K | $82K | $137K | $212K | +162.3% |
| Net assets | $184K | $167K | $167K | $126K | $245K | +33.2% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 9 unpaid officers/directors as reported (ALTON DAVIS, BRYAN TINSON, DAVID MCCALL, +6 more)
All 9 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 item | Amount |
|---|---|
| REVENUE - GOLF COURSE | $544,680 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$200K
▲ $79K new borrowing
Net land, buildings & equipment
$393K
book value, net of depreciation
Facility age
41%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $29,285 |
| Occupancy | $30,602 |
| Depreciation & depletion | $81,002 |
| Office expenses | $1,494 |
| Accounting fees | $2,685 |
| Other professional fees | $32,441 |
LFounded in 1970, Lakeside Country Club reported $749k of revenue for FY23, at an operating margin of 15.8%. Revenue moved up 34.3% 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 Lakeside Country Club’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
LPONLonesome Pine Country Club Inc
Revenue $751K — near your $749K
$751Kcompare →
PUNXPunxsutawney Country Club Inc
Revenue $756K — near your $749K
$756Kcompare →
CANTCanton Golf Club
Revenue $742K — near your $749K
$742Kcompare →
Same state · SC
NEWBCountry Club Of Newberry
SC club · $917K
$917Kcompare →
SUNSSunset Country Club
SC club · $999K
$999Kcompare →
OCCOOconee County Country Club
SC club · $1.1M
$1.1Mcompare →
Similar revenue mix
FCRAFranklin County Country Club
100% similar revenue mix
$544Kcompare →
PANOPanola Country Club
100% similar revenue mix
$1.1Mcompare →
YORKYork Country Club
100% similar revenue mix
$1.5Mcompare →
Similar payroll intensity
WFINWinged Foot Golf Club Inc
Payroll intensity 39.1% · near your 39.1%
$25.2Mcompare →
RHOCRock Hill Country Club
Payroll intensity 39.1% · near your 39.1%
$2.9Mcompare →
WLALWalloon Lake Country Club
Payroll intensity 39.0% · near your 39.1%
$4.5Mcompare →