GREE501(c)(7) · MEDIUMNAICS 713910EIN 64-0165530

Greenwood Country Club

Greenwood, MS · founded 1938
13 filings on recordFY 20122024medium confidence
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FY24 Total Revenue
$1.23M
▲ 1.9% YoY
FY24 Total Expenses
$1.34M
▲ 7.4% YoY
Operating Margin
-8.6%
revenue minus expenses ÷ revenue
Employees
64
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$1.2M
▲ 30.9% / 5y
9431.21.21.21.2
Expenses
$1.3M
▲ 33.8% / 5y
1.01.11.11.21.3
Total Assets
$4.5M
▲ 4.6% / 5y
4.34.64.64.74.5
Total Liabilities
$631K
▲ 2.3% / 5y
617573573644631

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$943K$1.2M$1.2M$1.2M$1.2M+30.9%
Expenses$1.0M$1.1M$1.1M$1.2M$1.3M+33.8%
Net surplus-$59K$129K$129K-$36K-$106K+80.4%
Total assets$4.3M$4.6M$4.6M$4.7M$4.5M+4.6%
Total liabilities$617K$573K$573K$644K$631K+2.3%
Net assets$3.7M$4.0M$4.0M$4.0M$3.9M+5.0%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther

+ 9 unpaid officers/directors as reported (BETH KITTLE, BUCK SPRUILL, CHRIS CASCIO, +6 more)

All 9 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 itemAmount
MEMBERS ONLY$1,097,751
GREEN FEES, CART RENTAL$134,501

Balance sheet & capital

FY24 · IRS Form 990, Part X
Mortgages & notes payable
end of year
Net land, buildings & equipment
$4.3M
book value, net of depreciation
Facility age
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$129K$258K$387K$517KFY21 · $515KFY21FY22 · $515KFY22FY23 · $517KFY23

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

No line-item expense detail reported.

GFounded in 1938, Greenwood Country Club reported $1.23M of revenue for FY24, at an operating margin of -8.6%. Revenue moved up 1.9% 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 Wed Jan 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Tue Jan 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Jan 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 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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