| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $7.8M | $8.2M | $8.2M | $9.4M | $10.1M | +30.4% |
| Expenses | $6.9M | $8.4M | $8.4M | $9.0M | $8.8M | +28.3% |
| Net surplus | $889K | -$222K | -$222K | $390K | $1.3M | +46.6% |
| Total assets | $22.7M | $25.1M | $25.1M | $24.3M | $27.3M | +20.5% |
| Total liabilities | $6.5M | $12.3M | $12.3M | $11.3M | $13.1M | +100.9% |
| Net assets | $16.2M | $12.8M | $12.8M | $13.1M | $14.3M | -11.9% |
| Officer · Employee | Reportable | Other |
|---|---|---|
General Manager· 40h/wk | $255,772 | $34,743 |
Golf Course Superintendent· 40h/wk | $249,824 | $31,614 |
Director of Instruction· 40h/wk | $204,395 | $29,120 |
ASST. SUPERINTENDENT· 40h/wk | $127,233 | $24,623 |
Head Golf Professional· 40h/wk | $114,696 | $12,162 |
+ 16 unpaid officers/directors as reported (, , , +13 more)
| Vendor | Service | Paid |
|---|---|---|
INGRAM ENTERTAINMENT LA VERGNE, TN | ACCOUNTING, LEGAL, IT, AND HR SERVICES | $201,356 |
| Line item | Amount |
|---|---|
| Membership Dues | $5,547,026 |
| Golf Operations | $1,309,509 |
| Non Equity Member Fees | $868,637 |
| Schools and CIM Dues Amortization | $525,866 |
| Clubhouse Services | $289,983 |
GFounded in 1989, Golf Club Of Tennessee reported $10.14M of revenue for FY23, at an operating margin of 12.9%. Revenue moved up 8.2% 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.