LEXI501(c)(7) · MEDIUMNAICS 713910EIN 61-0258900

Lexington Country Club Inc

Lexington, KY · founded 1928
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$9.22M
▲ 26.6% YoY
FY23 Total Expenses
$6.66M
▲ 8.0% YoY
Operating Margin
27.7%
revenue minus expenses ÷ revenue
Employees
232
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$9.2M
▲ 98.1% / 5y
4.77.07.07.39.2
Expenses
$6.7M
▲ 34.4% / 5y
5.05.45.46.26.7
Total Assets
$11.6M
▲ 126.8% / 5y
5.16.26.26.811.6
Total Liabilities
$7.6M
▲ 25.8% / 5y
6.05.85.85.37.6

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$4.7M$7.0M$7.0M$7.3M$9.2M+98.1%
Expenses$5.0M$5.4M$5.4M$6.2M$6.7M+34.4%
Net surplus-$304K$1.6M$1.6M$1.1M$2.6M-939.5%
Total assets$5.1M$6.2M$6.2M$6.8M$11.6M+126.8%
Total liabilities$6.0M$5.8M$5.8M$5.3M$7.6M+25.8%
Net assets-$907K$406K$406K$1.5M$4.0M-543.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JOHN FANGMEYER
GOLF SUPERINTENDENT· 40h/wk
$121,992
RYAN MAY
FORMER COO/CFO· 40h/wk
$121,899
GREG GRIFFITH
Head Golf Professional· 40h/wk
$116,082

+ 10 unpaid officers/directors as reported (BANKS HUDSON, BRENT RICHARDS, CAMERON FREEMAN, +7 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
GOLF FEES AND RENTALS$555,516
LOCKER ROOM RENTALS$40,042
SWIMMING AND TENNIS REVENUE$25,316

LFounded in 1928, Lexington Country Club Inc reported $9.22M of revenue for FY23, at an operating margin of 27.7%. Revenue moved up 26.6% 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 Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 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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