MRAG501(c)(7) · MEDIUMNAICS 713910EIN 74-1173829

Magnolia Ridge Country Club

Liberty, TX · founded 1953
7 filings on recordFY 20122018medium confidence
FY18 Total Revenue
$316k
▼ 12.5% YoY
FY18 Total Expenses
$365k
▼ 8.8% YoY
Operating Margin
-15.4%
revenue minus expenses ÷ revenue
Employees
headcount as reported on filing

The Five-Year Picture

FY2014 — FY2018 · as filed
Revenue
$316K
▼ 24.4% / 5y
418370380362316
Expenses
$365K
▼ 11.6% / 5y
413405397400365
Total Assets
$386K
▼ 14.0% / 5y
449431413397386
Total Liabilities
$421K
▲ 22.0% / 5y
345361361383421

Year-on-year detail

from IRS Form 990
LineFY14FY15FY16FY17FY18Δ total
Revenue$418K$370K$380K$362K$316K-24.4%
Expenses$413K$405K$397K$400K$365K-11.6%
Net surplus$5K-$34K-$17K-$39K-$49K-1004.8%
Total assets$449K$431K$413K$397K$386K-14.0%
Total liabilities$345K$361K$361K$383K$421K+22.0%
Net assets$104K$70K$53K$14K-$34K-133.0%

Officer & staff compensation

FY18 · from IRS Form 990
Current officers & key employees$0
Other salaries & wages$223,024
Payroll taxes$20,197

Figures above are club-wide totals from the IRS filing. Per-person detail becomes available once IRS XML is processed for this year.

MFounded in 1953, Magnolia Ridge Country Club reported $316k of revenue for FY18, at an operating margin of -15.4%. Revenue moved down 12.5% 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, FY2018 · period ending Sat Mar 31 2018 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2017 · period ending Fri Mar 31 2017 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2016 · period ending Thu Mar 31 2016 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 4 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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