LAKE501(c)(7) · MEDIUMNAICS 713910EIN 62-0541303

Lakewood Golf & Country Club

Tullahoma, TN · founded 1988
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$1.70M
▲ 4.4% YoY
FY23 Total Expenses
$1.69M
▲ 17.8% YoY
Operating Margin
0.4%
revenue minus expenses ÷ revenue
Employees
59
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$1.7M
▲ 37.7% / 5y
1.21.21.31.61.7
Expenses
$1.7M
▲ 33.3% / 5y
1.31.11.31.41.7
Total Assets
$1.4M
▲ 1.5% / 5y
1.41.31.41.51.4
Total Liabilities
$1.0M
▼ 18.0% / 5y
1.21.21.21.11.0

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.2M$1.2M$1.3M$1.6M$1.7M+37.7%
Expenses$1.3M$1.1M$1.3M$1.4M$1.7M+33.3%
Net surplus-$35K$45K$36K$192K$8K-121.8%
Total assets$1.4M$1.3M$1.4M$1.5M$1.4M+1.5%
Total liabilities$1.2M$1.2M$1.2M$1.1M$1.0M-18.0%
Net assets$154K$162K$198K$390K$397K+158.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 8 unpaid officers/directors as reported (Betty Hand, Bita Jordan, Bryan Hall, +5 more)

All 8 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
Tennis, Pool, & Golf Fees$385,763
Facility Fees$25,119

LFounded in 1988, Lakewood Golf & Country Club reported $1.70M of revenue for FY23, at an operating margin of 0.4%. Revenue moved up 4.4% 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
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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