RLYL501(c)(7) · MEDIUMNAICS 713910EIN 61-0327920

Ryland Lakes Country Club

Ryland Hgts, KY · founded 1965
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$1.18M
▲ 16.2% YoY
FY23 Total Expenses
$943k
▲ 4.1% YoY
Operating Margin
19.9%
revenue minus expenses ÷ revenue
Employees
8
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$1.2M
▲ 31.1% / 5y
8989249241.01.2
Expenses
$943K
▲ 35.6% / 5y
695888888905943
Total Assets
$2.4M
▲ 8.3% / 5y
2.32.22.22.32.4
Total Liabilities
$172K
▼ 51.7% / 5y
357269269215172

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$898K$924K$924K$1.0M$1.2M+31.1%
Expenses$695K$888K$888K$905K$943K+35.6%
Net surplus$203K$36K$36K$107K$234K+15.4%
Total assets$2.3M$2.2M$2.2M$2.3M$2.4M+8.3%
Total liabilities$357K$269K$269K$215K$172K-51.7%
Net assets$1.9M$1.9M$1.9M$2.0M$2.3M+19.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 4 unpaid officers/directors as reported (CARL AHREN, DAVID C HARSH, DAVID HORN, +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 itemAmount
DUES, ETC$909,546
INITIATION FEES$164,700
SPECIAL ASSESSMENTS$59,400
GREEN FEES$34,699
CLUBHOUSE USE$5,430

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
end of year
Net land, buildings & equipment
$2.1M
book value, net of depreciation
Facility age
61%
accumulated depreciation ÷ cost — higher = older plant

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX
Depreciation & depletion$160,825
Legal fees$2,450
Accounting fees$8,550

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

RFounded in 1965, Ryland Lakes Country Club reported $1.18M of revenue for FY23, at an operating margin of 19.9%. Revenue moved up 16.2% 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.

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
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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