THUN501(c)(7) · MEDIUMNAICS 713910EIN 71-0408621
Thunderbird Country Club Inc
Heber Springs, AR · founded 1978
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$327k
▲ 9.3% YoY
FY23 Total Expenses
$335k
▲ 8.0% YoY
Operating Margin
-2.5%
revenue minus expenses ÷ revenue
Employees
9
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$327K
▲ 30.6% / 5y
Expenses
$335K
▲ 23.6% / 5y
Total Assets
$403K
▲ 7.3% / 5y
Total Liabilities
$440K
▲ 11.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $250K | $286K | $286K | $299K | $327K | +30.6% |
| Expenses | $271K | $318K | $318K | $310K | $335K | +23.6% |
| Net surplus | -$21K | -$32K | -$32K | -$11K | -$8K | -61.0% |
| Total assets | $376K | $453K | $453K | $426K | $403K | +7.3% |
| Total liabilities | $396K | $470K | $470K | $454K | $440K | +11.2% |
| Net assets | -$20K | -$17K | -$17K | -$28K | -$36K | +85.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 7 unpaid officers/directors as reported (Bobby Golden, JoAnne Wyatt, John Hodges, +4 more)
All 7 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 |
|---|---|
| Income-Dues | $127,991 |
| Income-Green Fees | $39,456 |
| Income-Tournament Fees | $25,739 |
| Income-Golf Cart Rental | $10,628 |
| Income-LockerShed Rent | $10,365 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$333K
book value, net of depreciation
Facility age
72%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $23,166 |
| Depreciation & depletion | $25,230 |
| Office expenses | $1,670 |
| Accounting fees | $2,955 |
TFounded in 1978, Thunderbird Country Club Inc reported $327k of revenue for FY23, at an operating margin of -2.5%. Revenue moved up 9.3% 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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