| Line | FY18 | FY19 | FY20 | FY21 | FY22 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $680K | $695K | $517K | $615K | $629K | -7.6% |
| Expenses | $711K | $903K | $570K | $598K | $570K | -19.9% |
| Net surplus | -$31K | -$208K | -$54K | $18K | $59K | -290.0% |
| Total assets | $719K | $695K | $659K | $646K | $712K | -1.0% |
| Total liabilities | $48K | $232K | $250K | $218K | $225K | +373.0% |
| Net assets | $671K | $463K | $410K | $428K | $487K | -27.5% |
| Officer · Employee | Reportable | Other |
|---|
+ 8 unpaid officers/directors as reported (BRIAN PALMER, CARSON SMITH, JEFF PRINCE, +5 more)
All 8 listed officers reported $0 compensation — volunteer board.
No contractors reported.
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $370,963 |
| GOLF COURSE MEMBER | $61,861 |
| GOLF COURSE TOURNAMENT | $15,734 |
| POOL MEMBER | $30 |
MFounded in 1974, Magnolia Country Club reported $629k of revenue for FY22, at an operating margin of 9.4%. Revenue moved up 2.2% 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.