GARE501(c)(7) · MEDIUMNAICS 713910EIN 72-0522230
Green Acres Country Club Inc
Metairie, LA · founded 1971
14 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$359k
▲ 3.7% YoY
FY23 Total Expenses
$356k
▲ 35.2% YoY
Operating Margin
0.8%
revenue minus expenses ÷ revenue
Employees
35
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$359K
▲ 42.8% / 5y
Expenses
$356K
▲ 64.1% / 5y
Total Assets
$470K
▲ 34.1% / 5y
Total Liabilities
$102K
▼ 46.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $251K | $251K | $292K | $346K | $359K | +42.8% |
| Expenses | $217K | $217K | $235K | $263K | $356K | +64.1% |
| Net surplus | $34K | $34K | $57K | $83K | $3K | -91.5% |
| Total assets | $350K | $350K | $426K | $510K | $470K | +34.1% |
| Total liabilities | $192K | $192K | $176K | $154K | $102K | -46.8% |
| Net assets | $158K | $158K | $250K | $356K | $367K | +132.8% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 13 unpaid officers/directors as reported (ALEXANDER DOMINGO, BARBORA FAVRET, CHRIS RAFF, +10 more)
All 13 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 |
|---|---|
| MEMBERSHIP DUES | $281,374 |
| SOCIAL | $36,043 |
| TENNIS | $20,245 |
| SWIM | $16,104 |
| OTHER | $1,669 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$95K
▼ $56K paid down
Net land, buildings & equipment
$359K
book value, net of depreciation
Facility age
61%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $31,712 |
| Occupancy | $43,708 |
| Depreciation & depletion | $28,361 |
| Information technology | $373 |
| Advertising & promotion | $0 |
| Office expenses | $5,330 |
| Legal fees | $0 |
| Accounting fees | $0 |
| Other professional fees | $9,103 |
GFounded in 1971, Green Acres Country Club Inc reported $359k of revenue for FY23, at an operating margin of 0.8%. Revenue moved up 3.7% 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
The Quarterly · free
Get Green Acres Country Club Inc’s next filing — the day it posts.
We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.
Quarterly only · no spam
Free · quarterly · unsubscribe in one click
Similar clubs
matched on revenue, geography & business mix
Same revenue band
BELOBeloit Country Club Inc
Revenue $358K — near your $359K
$358Kcompare →
TORETreasure Oak Country Club Inc
Revenue $357K — near your $359K
$357Kcompare →
PVECPecos Valley Country Club
Revenue $360K — near your $359K
$360Kcompare →
Same state · LA
FRIAFalse River Golf And Country Club Incorporated
LA club · $370K
$370Kcompare →
CALDCaldwell Country Club
LA club · $338K
$338Kcompare →
FRANFranklinton Country Club Inc
LA club · $385K
$385Kcompare →
Similar revenue mix
MKHAMadison Country Club Inc Ky Hwy 388
100% similar revenue mix
$220Kcompare →
MIALMallory Country Club Incorporated
99% similar revenue mix
$415Kcompare →
MAQUMaquoketa Country Club
99% similar revenue mix
$300Kcompare →
Same area · Metairie
METAMetairie Country Club
Metairie, LA
$14.9Mcompare →
BMDIBissonet Maned Downs Country Club Inc
Metairie, LA
$295Kcompare →
TIMBTimberlane Country Club
Metairie, LA