SEAR501(c)(7) · MEDIUMNAICS 713910EIN 71-0332904
Searcy Country Club Inc
Searcy, AR · founded 1962
13 filings on recordFY 2012–2024medium confidence
Compare to peers →FY24 Total Revenue
$1.88M
▲ 4.0% YoY
FY24 Total Expenses
$1.92M
▼ 3.6% YoY
Operating Margin
-2.2%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing
The Five-Year Picture
FY2020 — FY2024 · as filed
Revenue
$1.9M
▲ 5.6% / 5y
Expenses
$1.9M
▲ 16.2% / 5y
Total Assets
$4.7M
▲ 17.6% / 5y
Total Liabilities
$1.2M
▲ 357.3% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY20 | FY21 | FY22 | FY23 | FY24 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $1.8M | $1.7M | $1.7M | $1.8M | $1.9M | +5.6% |
| Expenses | $1.7M | $1.7M | $1.7M | $2.0M | $1.9M | +16.2% |
| Net surplus | $128K | $23K | $23K | -$185K | -$41K | -131.9% |
| Total assets | $4.0M | $3.9M | $3.9M | $4.1M | $4.7M | +17.6% |
| Total liabilities | $262K | $164K | $164K | $566K | $1.2M | +357.3% |
| Net assets | $3.7M | $3.8M | $3.8M | $3.5M | $3.5M | -6.3% |
Officer & staff compensation
FY24 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 9 unpaid officers/directors as reported (BART MCFARLAND, BILL GIBBS, BILL ROBINSON, +6 more)
All 9 listed officers reported $0 compensation — volunteer board.
Top contractors
FY24 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY24 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| CLUB DUES | $964,456 |
| CAPITAL ASSESSMENT | $164,930 |
| SERVICE CHARGES | $104,825 |
| TRAIL FEES | $70,268 |
| MINIMUMS | $65,320 |
Balance sheet & capital
FY24 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$4.1M
book value, net of depreciation
Facility age
26%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
Professionally managedFY24 · Form 990, Part IX
| Management fees | $108,000 |
| Insurance | $76,332 |
| Depreciation & depletion | $93,704 |
| Information technology | $13,004 |
| Advertising & promotion | $18,239 |
| Office expenses | $10,036 |
| Accounting fees | $1,450 |
SFounded in 1962, Searcy Country Club Inc reported $1.88M of revenue for FY24, at an operating margin of -2.2%. Revenue moved up 4.0% 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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