JONE501(c)(7) · MEDIUMNAICS 713910EIN 71-0097685

Jonesboro Country Club Inc

Jonesboro, AR · founded 1977
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$3.47M
▲ 7.2% YoY
FY23 Total Expenses
$3.57M
▲ 2.1% YoY
Operating Margin
-3.0%
revenue minus expenses ÷ revenue
Employees
116
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.5M
▲ 9.1% / 5y
3.23.23.23.23.5
Expenses
$3.6M
▲ 27.5% / 5y
2.82.92.93.53.6
Total Assets
$7.2M
▲ 48.1% / 5y
4.97.97.97.47.2
Total Liabilities
$5.3M
▲ 67.7% / 5y
3.25.65.65.45.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.2M$3.2M$3.2M$3.2M$3.5M+9.1%
Expenses$2.8M$2.9M$2.9M$3.5M$3.6M+27.5%
Net surplus$377K$297K$297K-$264K-$104K-127.7%
Total assets$4.9M$7.9M$7.9M$7.4M$7.2M+48.1%
Total liabilities$3.2M$5.6M$5.6M$5.4M$5.3M+67.7%
Net assets$1.7M$2.2M$2.2M$2.0M$1.9M+10.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 9 unpaid officers/directors as reported (BRAD HERINGER, BRIAN SMILEY, CHRIS LUTES, +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
PROGRAM SERVICE REVENUE$286,856

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$5.1M
$176K paid down
Net land, buildings & equipment
$6.4M
book value, net of depreciation
Facility age
53%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$1.4M$2.7M$4.1M$5.5MFY20 · $5.5MFY20FY21 · $5.5MFY21FY22 · $5.3MFY22FY23 · $5.1MFY23

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$82,703
Occupancy$454,756
Depreciation & depletion$514,159
Information technology$22,793
Advertising & promotion$422
Office expenses$22,028
Accounting fees$4,325

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.

JFounded in 1977, Jonesboro Country Club Inc reported $3.47M of revenue for FY23, at an operating margin of -3.0%. Revenue moved up 7.2% 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
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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