TOIW501(c)(7) · MEDIUMNAICS 713910EIN 72-0627746

Twin Oak Country Club Incorporated

Winnsboro, LA · founded 1972
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$206k
▲ 14.9% YoY
FY23 Total Expenses
$187k
▲ 1.2% YoY
Operating Margin
9.3%
revenue minus expenses ÷ revenue
Employees
3
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$206K
▲ 92.0% / 5y
107118143179206
Expenses
$187K
▲ 50.9% / 5y
124117155184187
Total Assets
$232K
▲ 0.9% / 5y
230231224214232
Total Liabilities
$0
▼ 100.0% / 5y
12620

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$107K$118K$143K$179K$206K+92.0%
Expenses$124K$117K$155K$184K$187K+50.9%
Net surplus-$16K$1K-$12K-$5K$19K-216.7%
Total assets$230K$231K$224K$214K$232K+0.9%
Total liabilities$988$2K$6K$2K$0-100.0%
Net assets$232K+0.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 7 unpaid officers/directors as reported (Aaron Carroll, Brandon Chapman, Mike Southern, +4 more)

All 7 listed officers reported $0 compensation — volunteer board.

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
end of year
Net land, buildings & equipment
$131K
book value, net of depreciation
Facility age
55%
accumulated depreciation ÷ cost — higher = older plant

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
Management fees$0
Insurance$10,299
Occupancy$0
Depreciation & depletion$10,605
Information technology$0
Advertising & promotion$2,085
Office expenses$7,171
Legal fees$0
Accounting fees$5,767
Other professional fees$0

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.

TFounded in 1972, Twin Oak Country Club Incorporated reported $206k of revenue for FY23, at an operating margin of 9.3%. Revenue moved up 14.9% 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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