INDI501(c)(7) · MEDIUMNAICS 713910EIN 64-0538496
Indianola Country Club Inc
Ridgeland, MS · founded 2011
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$795k
▲ 8.8% YoY
FY23 Total Expenses
$754k
▲ 8.8% YoY
Operating Margin
5.1%
revenue minus expenses ÷ revenue
Employees
18
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$795K
▲ 12.8% / 5y
Expenses
$754K
▲ 17.3% / 5y
Total Assets
$1.9M
▲ 12.6% / 5y
Total Liabilities
$108K
▼ 43.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $705K | $687K | $687K | $730K | $795K | +12.8% |
| Expenses | $643K | $531K | $531K | $693K | $754K | +17.3% |
| Net surplus | $61K | $156K | $156K | $37K | $40K | -34.2% |
| Total assets | $1.7M | $1.9M | $1.9M | $1.9M | $1.9M | +12.6% |
| Total liabilities | $192K | $242K | $242K | $118K | $108K | -43.8% |
| Net assets | $1.5M | $1.7M | $1.7M | $1.7M | $1.8M | +19.9% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 9 unpaid officers/directors as reported (DUSTIN SIMMONS, LANCE BARIA, LEAH MACNEALY, +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 item | Amount |
|---|---|
| SALES OF FOOD & BEVERAGE | $330,609 |
| MEMBER DUES | $327,315 |
| SERVICE CHARGE | $45,375 |
| DONATED CAPITAL | $37,955 |
| CLUB & CART FEES | $18,140 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$69K
▼ $12K paid down
Net land, buildings & equipment
$1.8M
book value, net of depreciation
Facility age
—
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
Professionally managedFY23 · Form 990, Part IX
| Management fees | $29,208 |
| Occupancy | $195,962 |
| Office expenses | $141 |
| Accounting fees | $15,456 |
IFounded in 2011, Indianola Country Club Inc reported $795k of revenue for FY23, at an operating margin of 5.1%. Revenue moved up 8.8% 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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