WIND501(c)(7) · MEDIUMNAICS 713910EIN 61-0529408

Windridge Country Club Inc

Owensboro, KY · founded 1983
11 filings on recordFY 20112022medium confidence
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FY22 Total Revenue
$784k
▲ 8.6% YoY
FY22 Total Expenses
$830k
▲ 15.5% YoY
Operating Margin
-5.8%
revenue minus expenses ÷ revenue
Employees
32
headcount as reported on filing

The Five-Year Picture

FY2017 — FY2022 · as filed
Revenue
$784K
▲ 68.9% / 5y
464380467722784
Expenses
$830K
▲ 92.8% / 5y
430375450718830
Total Assets
$198K
▼ 27.5% / 5y
273271255245198
Total Liabilities
$208K
▼ 17.6% / 5y
253245212210208

Year-on-year detail

from IRS Form 990
LineFY17FY18FY19FY21FY22Δ total
Revenue$464K$380K$467K$722K$784K+68.9%
Expenses$430K$375K$450K$718K$830K+92.8%
Net surplus$34K$5K$17K$4K-$46K-234.7%
Total assets$273K$271K$255K$245K$198K-27.5%
Total liabilities$253K$245K$212K$210K$208K-17.6%
Net assets$21K$26K$43K$35K-$10K-149.2%

Officer & staff compensation

FY22 · from IRS Form 990
Officer · EmployeeReportableOther

+ 4 unpaid officers/directors as reported (CHRIS LUTTRELL, JOE CONNER, RYAN POWERS, +1 more)

All 4 listed officers reported $0 compensation — volunteer board.

Top contractors

FY22 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY22 · dues, greens fees, dining, and other sources
Line itemAmount
FACILITY OTHER RECEIPTS$119,624
GREEN FEES$91,987
TOURNAMENTS$43,985
CART RENTAL$38,986

Balance sheet & capital

FY22 · IRS Form 990, Part X
Mortgages & notes payable
$144K
$17K paid down
Net land, buildings & equipment
$164K
book value, net of depreciation
Facility age
86%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$40K$80K$120K$161KFY21 · $161KFY21FY22 · $144KFY22

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

FY22 · Form 990, Part IX
Management fees$0
Insurance$20,633
Occupancy$58,316
Depreciation & depletion$8,864
Information technology$0
Advertising & promotion$2,177
Office expenses$7,952
Legal fees$0
Accounting fees$8,300
Other professional fees$0

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.

WFounded in 1983, Windridge Country Club Inc reported $784k of revenue for FY22, at an operating margin of -5.8%. Revenue moved up 8.6% 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, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2019 · period ending Mon Sep 30 2019 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 8 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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