LOAU501(c)(7) · CONFIRMEDNAICS 713910EIN 65-0110859

Laurel Oak Country Club Inc

Sarasota, FL · founded 1999
12 filings on recordFY 20122023high confidence
FY23 Total Revenue
$11.30M
▲ 9.8% YoY
FY23 Total Expenses
$11.83M
▲ 10.5% YoY
Operating Margin
-4.7%
revenue minus expenses ÷ revenue
Employees
188
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$11.3M
▲ 42.7% / 5y
7.97.38.710.311.3
Expenses
$11.8M
▲ 37.1% / 5y
8.68.69.310.711.8
Total Assets
$28.2M
▲ 32.4% / 5y
21.320.421.824.628.2
Total Liabilities
$4.6M
▲ 23.6% / 5y
3.73.02.83.24.6

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$7.9M$7.3M$8.7M$10.3M$11.3M+42.7%
Expenses$8.6M$8.6M$9.3M$10.7M$11.8M+37.1%
Net surplus-$713K-$1.3M-$583K-$418K-$533K-25.2%
Total assets$21.3M$20.4M$21.8M$24.6M$28.2M+32.4%
Total liabilities$3.7M$3.0M$2.8M$3.2M$4.6M+23.6%
Net assets$17.6M$17.4M$19.0M$21.4M$23.6M+34.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JAMIE SELBY
GENERAL MANA· 40h/wk
$287,299$26,180
DAVID BRASWELL
DIRECTOR OF· 40h/wk
$216,047$25,280
MICHELLE BRAULT
MEMBERSHIP D· 40h/wk
$123,002$15,626
DAVID MCINTYRE
DIRECTOR OF· 40h/wk
$121,264$9,701
JOSEPH SAMULAK
· 40h/wk
$114,152$5,765
STEVEN MARTIN
Head Tennis Professional· 40h/wk
$112,389
JEFFREY M PARSON
EXECUTIVE CH· 40h/wk
$109,991$16,881

+ 10 unpaid officers/directors as reported (BILL ROBERTS, BONNIE VANOVERBEKE, DAVID WILLIAMS, +7 more)

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$6,480,871
GOLF REVENUE$2,327,058
GOLF REVENUE$146,912

LFounded in 1999, Laurel Oak Country Club Inc reported $11.30M of revenue for FY23, at an operating margin of -4.7%. Revenue moved up 9.8% 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
Form 990, FY2023 · period ending Sun Apr 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Apr 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Apr 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 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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