FULT501(c)(7) · MEDIUMNAICS 713910EIN 64-0436867

Fulton Country Club Inc

Fulton, MS · founded 1966
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$225k
▼ 6.3% YoY
FY23 Total Expenses
$253k
▲ 5.4% YoY
Operating Margin
-12.5%
revenue minus expenses ÷ revenue
Employees
13
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$225K
▲ 20.2% / 5y
187224224240225
Expenses
$253K
▲ 47.6% / 5y
171196196240253
Total Assets
$902K
▲ 6.2% / 5y
849856856904902
Total Liabilities
$101K
▲ 62.7% / 5y
62323279101

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$187K$224K$224K$240K$225K+20.2%
Expenses$171K$196K$196K$240K$253K+47.6%
Net surplus$16K$28K$28K$217-$28K-278.6%
Total assets$849K$856K$856K$904K$902K+6.2%
Total liabilities$62K$32K$32K$79K$101K+62.7%
Net assets$787K$825K$825K$825K$801K+1.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 11 unpaid officers/directors as reported (ANDREW LINDLEY, CLAY WEATHERFORD, DANIEL BUNCH, +8 more)

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

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
end of year
Net land, buildings & equipment
$898K
book value, net of depreciation
Facility age
accumulated depreciation ÷ cost — higher = older plant

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$25,162
Office expenses$1,240

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.

FFounded in 1966, Fulton Country Club Inc reported $225k of revenue for FY23, at an operating margin of -12.5%. Revenue moved down 6.3% 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 Aug 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Wed Aug 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Tue Aug 31 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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