FERN501(c)(7) · MEDIUMNAICS 713910EIN 64-0319576

Fernwood Country Club

Fernwood, MS · founded 1970
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$971k
▲ 22.7% YoY
FY23 Total Expenses
$951k
▲ 1.9% YoY
Operating Margin
2.1%
revenue minus expenses ÷ revenue
Employees
41
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$971K
▲ 26.9% / 5y
765737836792971
Expenses
$951K
▲ 15.8% / 5y
821666783933951
Total Assets
$1.2M
▼ 7.0% / 5y
1.31.41.41.21.2
Total Liabilities
$747K
▼ 11.1% / 5y
840960886821747

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$765K$737K$836K$792K$971K+26.9%
Expenses$821K$666K$783K$933K$951K+15.8%
Net surplus-$56K$72K$53K-$141K$21K-137.0%
Total assets$1.3M$1.4M$1.4M$1.2M$1.2M-7.0%
Total liabilities$840K$960K$886K$821K$747K-11.1%
Net assets$418K$489K$543K$402K$423K+1.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 9 unpaid officers/directors as reported (BECK TROUTMAN, CHARLES BEENE, CHUCK PAULK, +6 more)

All 9 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
MEMBERSHIP DUES$398,762
SALE OF EASEMENT$144,950
GOLF COURSE$72,817
GOLF COURSE$60,581
OTHER$49,838

FFounded in 1970, Fernwood Country Club reported $971k of revenue for FY23, at an operating margin of 2.1%. Revenue moved up 22.7% 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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