HPIG501(c)(7) · MEDIUMNAICS 713910EIN 59-1680331
High Point Golf Club Inc
Brooksville, FL · founded 1983
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$565k
▲ 8.7% YoY
FY23 Total Expenses
$529k
▲ 1.9% YoY
Operating Margin
6.5%
revenue minus expenses ÷ revenue
Employees
9
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$565K
▲ 5.7% / 5y
Expenses
$529K
▲ 4.3% / 5y
Total Assets
$541K
▲ 33.7% / 5y
Total Liabilities
$57K
▼ 11.5% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $535K | $449K | $449K | $520K | $565K | +5.7% |
| Expenses | $507K | $409K | $409K | $519K | $529K | +4.3% |
| Net surplus | $28K | $41K | $41K | $1K | $37K | +31.3% |
| Total assets | $404K | $475K | $475K | $504K | $541K | +33.7% |
| Total liabilities | $65K | $34K | $34K | $61K | $57K | -11.5% |
| Net assets | $339K | $441K | $441K | $442K | $483K | +42.4% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 4 unpaid officers/directors as reported (Beth Pullman, Bill Reece, Dale Mayes, +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 item | Amount |
|---|---|
| Lounge Area | $104,960 |
| Restaurant Area | $54,359 |
| Pro Shop | $49,956 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$274K
book value, net of depreciation
Facility age
81%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $18,630 |
| Occupancy | $63,669 |
| Depreciation & depletion | $15,800 |
| Advertising & promotion | $2,743 |
| Office expenses | $2,444 |
| Other professional fees | $23,648 |
HFounded in 1983, High Point Golf Club Inc reported $565k of revenue for FY23, at an operating margin of 6.5%. Revenue moved up 8.7% 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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