SHPR501(c)(7) · MEDIUMNAICS 713910EIN 58-0963120
Spring Hill Country Club Inc
Tifton, GA · founded 1969
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$1.35M
▼ 4.1% YoY
FY23 Total Expenses
$1.31M
▲ 10.4% YoY
Operating Margin
2.9%
revenue minus expenses ÷ revenue
Employees
40
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$1.4M
▲ 57.3% / 5y
Expenses
$1.3M
▲ 42.3% / 5y
Total Assets
$853K
▲ 83.9% / 5y
Total Liabilities
$659K
▼ 15.6% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $861K | $1.1M | $1.1M | $1.4M | $1.4M | +57.3% |
| Expenses | $924K | $1.1M | $1.1M | $1.2M | $1.3M | +42.3% |
| Net surplus | -$63K | $86K | $86K | $221K | $39K | -162.0% |
| Total assets | $464K | $672K | $672K | $796K | $853K | +83.9% |
| Total liabilities | $780K | $738K | $738K | $641K | $659K | -15.6% |
| Net assets | -$316K | -$66K | -$66K | $155K | $195K | -161.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 9 unpaid officers/directors as reported (JAMEY WHITLEY, JIM LAYCOCK, JOHN LINDSEY, +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 |
|---|---|
| MEMBERSHIP DUES & ASSESSMENTS | $555,765 |
| COURSE FEES - MEMBERS | $314,297 |
| COURSE FEES - NONMEMBERS | $180,382 |
| FINANCE CHARGES | $37,559 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$453K
▼ $24K paid down
Net land, buildings & equipment
$735K
book value, net of depreciation
Facility age
79%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $47,114 |
| Occupancy | $63,198 |
| Depreciation & depletion | $53,614 |
| Advertising & promotion | $510 |
| Office expenses | $17,057 |
| Other professional fees | $23,905 |
SFounded in 1969, Spring Hill Country Club Inc reported $1.35M of revenue for FY23, at an operating margin of 2.9%. Revenue moved down 4.1% 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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