WOOD501(c)(7) · MEDIUMNAICS 713910EIN 63-0231610
Woodward Golf & Country Club
Bessemer, AL · founded 2002
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$760k
▲ 17.2% YoY
FY23 Total Expenses
$747k
▲ 3.0% YoY
Operating Margin
1.6%
revenue minus expenses ÷ revenue
Employees
26
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$760K
▲ 50.3% / 5y
Expenses
$747K
▲ 18.1% / 5y
Total Assets
$590K
▲ 5.9% / 5y
Total Liabilities
$14K
▼ 88.3% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $506K | $700K | $700K | $648K | $760K | +50.3% |
| Expenses | $633K | $665K | $665K | $726K | $747K | +18.1% |
| Net surplus | -$127K | $35K | $35K | -$77K | $13K | -109.8% |
| Total assets | $557K | $722K | $722K | $604K | $590K | +5.9% |
| Total liabilities | $120K | $81K | $81K | $41K | $14K | -88.3% |
| Net assets | $437K | $641K | $641K | $563K | $576K | +31.9% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 5 unpaid officers/directors as reported (DAVID WALLS, GREG KENNEDY, PHIL ODEN, +2 more)
All 5 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 item | Amount |
|---|---|
| PROGRAM SERVICE REVENU | $588,507 |
| MEMBERSHIP DUES | $156,810 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$10K
▼ $27K paid down
Net land, buildings & equipment
$430K
book value, net of depreciation
Facility age
72%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $51,957 |
| Occupancy | $109,572 |
| Depreciation & depletion | $31,603 |
| Advertising & promotion | $2,362 |
| Office expenses | $24,580 |
| Other professional fees | $11,670 |
WFounded in 2002, Woodward Golf & Country Club reported $760k of revenue for FY23, at an operating margin of 1.6%. Revenue moved up 17.2% 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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