LRAF501(c)(7) · MEDIUMNAICS 713910EIN 62-0676443
Lafollette Country Club Country Club Road
Lafollette, TN · founded 1998
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$237k
▼ 2.1% YoY
FY23 Total Expenses
$251k
▼ 1.2% YoY
Operating Margin
-5.8%
revenue minus expenses ÷ revenue
Employees
6
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$237K
▲ 48.4% / 5y
Expenses
$251K
▲ 54.3% / 5y
Total Assets
$48K
▲ 672.1% / 5y
Total Liabilities
$78K
▲ 725.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $160K | $246K | $246K | $242K | $237K | +48.4% |
| Expenses | $162K | $246K | $246K | $254K | $251K | +54.3% |
| Net surplus | -$3K | $419 | $419 | -$12K | -$14K | +394.1% |
| Total assets | $6K | $86K | $86K | $67K | $48K | +672.1% |
| Total liabilities | $9K | $90K | $90K | $83K | $78K | +725.2% |
| Net assets | — | -$4K | -$4K | -$16K | -$29K | +601.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 7 unpaid officers/directors as reported (Allen Lawson, Brian Younce, Charles Heatherly, +4 more)
All 7 listed officers reported $0 compensation — volunteer board.
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$73K
▼ $5K paid down
Net land, buildings & equipment
$35K
book value, net of depreciation
Facility age
88%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $10,491 |
| Depreciation & depletion | $17,709 |
| Office expenses | $4,468 |
| Accounting fees | $5,390 |
LFounded in 1998, Lafollette Country Club Country Club Road reported $237k of revenue for FY23, at an operating margin of -5.8%. Revenue moved down 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
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