MEMP501(c)(7) · MEDIUMNAICS 713910EIN 75-0433680
Memphis Country Club
Memphis, TX · founded 1934
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$306k
▲ 44.9% YoY
FY23 Total Expenses
$287k
▲ 39.6% YoY
Operating Margin
6.2%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$306K
▲ 121.4% / 5y
Expenses
$287K
▲ 102.7% / 5y
Total Assets
$33K
▲ 107.8% / 5y
Total Liabilities
$0
no prior year
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $138K | $195K | $195K | $211K | $306K | +121.4% |
| Expenses | $142K | $190K | $190K | $206K | $287K | +102.7% |
| Net surplus | -$3K | $5K | $5K | $6K | $19K | -665.4% |
| Total assets | $16K | $11K | $11K | $15K | $33K | +107.8% |
| Total liabilities | $0 | $3K | $3K | $1K | $0 | — |
| Net assets | $16K | $8K | $8K | $14K | $33K | +107.8% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 6 unpaid officers/directors as reported (CHRIS HERT, JIMMY FOWLER, JUSTIN WILKS, +3 more)
All 6 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 & Assessments | $73,924 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$935
book value, net of depreciation
Facility age
99%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $20,035 |
| Occupancy | $0 |
| Depreciation & depletion | $623 |
| Information technology | $0 |
| Advertising & promotion | $151 |
| Office expenses | $993 |
| Legal fees | $0 |
| Accounting fees | $0 |
| Other professional fees | $147 |
MFounded in 1934, Memphis Country Club reported $306k of revenue for FY23, at an operating margin of 6.2%. Revenue moved up 44.9% 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
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