HUMB501(c)(7) · MEDIUMNAICS 713910EIN 62-0244053
Humboldt Golf & Country Club
Humboldt, TN · founded 1966
12 filings on recordFY 2012–2024medium confidence
Compare to peers →FY24 Total Revenue
$1.36M
▲ 10.2% YoY
FY24 Total Expenses
$1.31M
▲ 1.0% YoY
Operating Margin
3.7%
revenue minus expenses ÷ revenue
Employees
50
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2024 · as filed
Revenue
$1.4M
▲ 37.5% / 5y
Expenses
$1.3M
▲ 24.2% / 5y
Total Assets
$1.1M
▼ 17.1% / 5y
Total Liabilities
$460K
▼ 27.4% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY23 | FY24 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $987K | $1.0M | $1.3M | $1.2M | $1.4M | +37.5% |
| Expenses | $1.1M | $1.1M | $1.3M | $1.3M | $1.3M | +24.2% |
| Net surplus | -$65K | -$36K | $7K | -$63K | $50K | -176.2% |
| Total assets | $1.3M | $1.2M | $1.2M | $1.1M | $1.1M | -17.1% |
| Total liabilities | $633K | $567K | $587K | $476K | $460K | -27.4% |
| Net assets | $678K | $642K | $649K | $578K | $628K | -7.4% |
Officer & staff compensation
FY24 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 13 unpaid officers/directors as reported (Cary Cavitt, Chris Miller, Doug hale, +10 more)
All 13 listed officers reported $0 compensation — volunteer board.
Top contractors
FY24 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY24 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| Cart Rental | $133,286 |
| Green Fees | $27,455 |
| Carthouse Rent | $26,744 |
| Cart Trail Fees | $19,844 |
| Clubhouse rent | — |
Balance sheet & capital
FY24 · IRS Form 990, Part X
Mortgages & notes payable
$423K
▼ $39K paid down
Net land, buildings & equipment
$987K
book value, net of depreciation
Facility age
70%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
Professionally managedFY24 · Form 990, Part IX
| Management fees | $125,705 |
| Insurance | $20,846 |
| Depreciation & depletion | $89,701 |
| Advertising & promotion | $908 |
| Office expenses | $7,824 |
HFounded in 1966, Humboldt Golf & Country Club reported $1.36M of revenue for FY24, at an operating margin of 3.7%. Revenue moved up 10.2% 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
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