MEAD501(c)(7) · MEDIUMNAICS 713910EIN 65-0065871
The Meadows Country Club Inc
Sarasota, FL · founded 1992
12 filings on recordFY 2011–2022medium confidence
Compare to peers →FY22 Total Revenue
$7.88M
▲ 16.6% YoY
FY22 Total Expenses
$7.49M
▲ 13.6% YoY
Operating Margin
4.9%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing
The Five-Year Picture
FY2018 — FY2022 · as filed
Revenue
$7.9M
▲ 22.5% / 5y
Expenses
$7.5M
▲ 2.4% / 5y
Total Assets
$2.5M
▼ 33.0% / 5y
Total Liabilities
$2.8M
▼ 19.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY18 | FY19 | FY20 | FY21 | FY22 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $6.4M | $5.9M | $6.8M | $6.8M | $7.9M | +22.5% |
| Expenses | $7.3M | $6.7M | $6.6M | $6.6M | $7.5M | +2.4% |
| Net surplus | -$884K | -$783K | $163K | $163K | $387K | -143.8% |
| Total assets | $3.7M | $1.8M | $1.8M | $1.8M | $2.5M | -33.0% |
| Total liabilities | $3.4M | $2.3M | $2.3M | $2.3M | $2.8M | -19.2% |
| Net assets | $303K | -$481K | -$573K | -$573K | -$272K | -190.0% |
Officer & staff compensation
FY22 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 12 unpaid officers/directors as reported (CHRISTINE KRATZER, CLAIRE COYLE, DUNCAN COOPER, +9 more)
All 12 listed officers reported $0 compensation — volunteer board.
Top contractors
FY22 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY22 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| GREENS, CART, TRAIL FEES AND LESS | $2,775,840 |
| MEMBER ASSESSMENTS | $2,640,316 |
| RENAISSANCE ACCESS | $600,000 |
| PRO SHOP SALES | $203,061 |
| TENNIS, FITNESS & SPA ACTIVITIES | $34,489 |
Balance sheet & capital
FY22 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$626K
book value, net of depreciation
Facility age
80%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY22 · Form 990, Part IX
| Insurance | $251,973 |
| Depreciation & depletion | $445,782 |
TFounded in 1992, The Meadows Country Club Inc reported $7.88M of revenue for FY22, at an operating margin of 4.9%. Revenue moved up 16.6% 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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