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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

PFIN501(c)(7) · MEDIUMNAICS 713910EIN 74-1034400

Pine Forest Country Club

Houston, TX · founded 1947

14 filings on recordFY 2010–2023medium confidence

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FY23 Total Revenue

$11.86M

▲ 12.6% YoY

FY23 Total Expenses

$10.51M

▲ 10.2% YoY

Operating Margin

11.4%

revenue minus expenses ÷ revenue

Employees

139

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$11.9M

▲ 37.3% / 5y

Expenses

$10.5M

▲ 34.1% / 5y

Total Assets

$13.9M

▲ 49.7% / 5y

Total Liabilities

$5.5M

▲ 13.0% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$8.6M	$9.1M	$9.1M	$10.5M	$11.9M	+37.3%
Expenses	$7.8M	$8.4M	$8.4M	$9.5M	$10.5M	+34.1%
Net surplus	$800K	$681K	$681K	$997K	$1.4M	+69.0%
Total assets	$9.3M	$10.5M	$10.5M	$11.7M	$13.9M	+49.7%
Total liabilities	$4.8M	$4.8M	$4.8M	$5.0M	$5.5M	+13.0%
Net assets	$4.4M	$5.7M	$5.7M	$6.7M	$8.4M	+89.8%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
TOMMY WOLFENBERGER Head Golf Professional· 40h/wk	$303,755	—
ALISON JOHNK General Manager· 40h/wk	$275,288	—
SCOTT F TERRY Golf Course Superintendent· 40h/wk	$164,170	—
KIRBY LAWSON Controller· 40h/wk	$156,023	—
Matthew Collier Executive Chef· 40h/wk	$120,417	—
Tami Gilbert Dir. of Member Sales/Marketing· 40h/wk	$118,650	—

+ 12 unpaid officers/directors as reported (Chad Dickson, Clint Walden, Denise Bailey, +9 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Glenn Nagorski HOUSTON, TX	Pool & racquet	$207,952

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
GOLF OPERATIONS	$2,281,844
SWIMMING, TENNIS & FITNESS OPERATIONS	$351,261
OTHER REVENUE	$337,958

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$1.7M

▼ $216K paid down

Net land, buildings & equipment

$8.4M

book value, net of depreciation

Facility age

69%

accumulated depreciation ÷ cost — higher = older plant

Tax-exempt bond liabilities

end of year

Debt over time

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	$480,269
Occupancy	$0
Depreciation & depletion	$970,639
Information technology	$0
Advertising & promotion	$12,298
Office expenses	$122,936
Legal fees	$10,641
Accounting fees	$51,160
Other professional fees	$807,058

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.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

PINE FOREST COUNTRY CLUB 401(K) PLAN

pension · 66 participants · $131K assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

PFounded in 1947, Pine Forest Country Club reported $11.86M of revenue for FY23, at an operating margin of 11.4%. Revenue moved up 12.6% 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)

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