VICK501(c)(7) · MEDIUMNAICS 713910EIN 64-0258894

Vicksburg Country Club Inc

Vicksburg, MS · founded 1940
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$1.06M
▲ 7.3% YoY
FY23 Total Expenses
$1.09M
▲ 6.2% YoY
Operating Margin
-3.6%
revenue minus expenses ÷ revenue
Employees
41
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$1.1M
▲ 29.6% / 5y
8158908909851.1
Expenses
$1.1M
▲ 33.4% / 5y
8211.01.01.01.1
Total Assets
$2.1M
▼ 3.8% / 5y
2.22.22.22.22.1
Total Liabilities
$903K
▲ 17.9% / 5y
766973973933903

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$815K$890K$890K$985K$1.1M+29.6%
Expenses$821K$1.0M$1.0M$1.0M$1.1M+33.4%
Net surplus-$5K-$115K-$115K-$46K-$38K+598.8%
Total assets$2.2M$2.2M$2.2M$2.2M$2.1M-3.8%
Total liabilities$766K$973K$973K$933K$903K+17.9%
Net assets$1.4M$1.3M$1.3M$1.2M$1.2M-15.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 11 unpaid officers/directors as reported (BRANAN SOUTHERLAND, BRIGGS HOPSON III, BROOKE SOUTHERLAND, +8 more)

All 11 listed officers reported $0 compensation — volunteer board.

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$776K
$33K paid down
Net land, buildings & equipment
$2.0M
book value, net of depreciation
Facility age
57%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$211K$421K$632K$843KFY20 · $843KFY20FY21 · $843KFY21FY22 · $809KFY22FY23 · $776KFY23

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

FY23 · Form 990, Part IX
Insurance$58,778
Occupancy$63,874
Depreciation & depletion$72,174
Office expenses$16,935
Legal fees$6,496
Accounting fees$4,700

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

VFounded in 1940, Vicksburg Country Club Inc reported $1.06M of revenue for FY23, at an operating margin of -3.6%. Revenue moved up 7.3% 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 Thu Nov 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Wed Nov 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Tue Nov 30 2021 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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