BYLU501(c)(7) · MEDIUMNAICS 713910EIN 62-0152339

Bluegrass Yacht And Country Club

Hendersonville, TN · founded 1954
12 filings on recordFY 20122024medium confidence
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FY24 Total Revenue
$595
▲ 472.1% YoY
FY24 Total Expenses
$39k
▼ 44.9% YoY
Operating Margin
-6513.4%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2024 · as filed
Revenue
$595
▼ 99.7% / 5y
202393901
Expenses
$39K
▼ 55.2% / 5y
8871717139
Total Assets
$608K
▼ 30.5% / 5y
875773773702608
Total Liabilities
$0
▼ 100.0% / 5y
1500000

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY24Δ total
Revenue$202K$39K$39K$104$595-99.7%
Expenses$88K$71K$71K$71K$39K-55.2%
Net surplus$114K-$32K-$32K-$71K-$39K-134.1%
Total assets$875K$773K$773K$702K$608K-30.5%
Total liabilities$150K$0$0$0$0-100.0%
Net assets$725K$773K$773K$702K$608K-16.2%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther

+ 11 unpaid officers/directors as reported (ABRAHAM MCCARVER, BEN MEYER, CHRIS GEORGE, +8 more)

All 11 listed officers reported $0 compensation — volunteer board.

Balance sheet & capital

FY24 · IRS Form 990, Part X
Mortgages & notes payable
end of year
Net land, buildings & equipment
$518K
book value, net of depreciation
Facility age
93%
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

FY24 · Form 990, Part IX
Management fees$0
Insurance$0
Occupancy$0
Depreciation & depletion$37,551
Information technology$0
Advertising & promotion$0
Office expenses$0
Legal fees$0
Accounting fees$0
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.

BFounded in 1954, Bluegrass Yacht And Country Club reported $595 of revenue for FY24, at an operating margin of -6513.4%. Revenue moved up 472.1% 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, FY2024 · period ending Mon Sep 30 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
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)
+ 9 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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