CYNT501(c)(7) · MEDIUMNAICS 713910EIN 61-0545940

Cynthiana Country Club Inc

Cynthiana, KY · founded 1991
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$273k
▲ 2.1% YoY
FY23 Total Expenses
$281k
▲ 7.4% YoY
Operating Margin
-3.1%
revenue minus expenses ÷ revenue
Employees
26
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$273K
▼ 7.3% / 5y
294297313267273
Expenses
$281K
▼ 5.9% / 5y
299299318262281
Total Assets
$234K
▲ 6.4% / 5y
220349258199234
Total Liabilities
$292K
▼ 2.3% / 5y
299327296311292

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$294K$297K$313K$267K$273K-7.3%
Expenses$299K$299K$318K$262K$281K-5.9%
Net surplus-$5K-$2K-$5K$6K-$8K+79.3%
Total assets$220K$349K$258K$199K$234K+6.4%
Total liabilities$299K$327K$296K$311K$292K-2.3%
Net assets-$79K$21K-$38K-$112K-$58K-26.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 7 unpaid officers/directors as reported (Brian Kinsey, Carl Nunnelley, Charlie Biancke, +4 more)

All 7 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
Fees & Cart Rentals$71,928

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$192K
$13K paid down
Net land, buildings & equipment
$159K
book value, net of depreciation
Facility age
73%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$51K$102K$154K$205KFY22 · $205KFY22FY23 · $192KFY23

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
Management fees$0
Insurance$11,804
Occupancy$42,968
Depreciation & depletion$4,063
Information technology$0
Advertising & promotion$469
Office expenses$2,111
Legal fees$0
Accounting fees$6,971
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.

CFounded in 1991, Cynthiana Country Club Inc reported $273k of revenue for FY23, at an operating margin of -3.1%. Revenue moved up 2.1% 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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