QUAN501(c)(7) · MEDIUMNAICS 713910EIN 75-0510035
Quanah Country Club
Quanah, TX · founded 1967
13 filings on recordFY 2012–2024medium confidence
Compare to peers →FY24 Total Revenue
$399k
▼ 9.0% YoY
FY24 Total Expenses
$438k
▼ 9.1% YoY
Operating Margin
-10.0%
revenue minus expenses ÷ revenue
Employees
15
headcount as reported on filing
The Five-Year Picture
FY2020 — FY2024 · as filed
Revenue
$399K
▲ 3.2% / 5y
Expenses
$438K
▲ 5.3% / 5y
Total Assets
$825K
▼ 16.0% / 5y
Total Liabilities
$202K
▼ 28.1% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY20 | FY21 | FY22 | FY23 | FY24 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $386K | $400K | $400K | $438K | $399K | +3.2% |
| Expenses | $417K | $369K | $369K | $482K | $438K | +5.3% |
| Net surplus | -$30K | $31K | $31K | -$44K | -$40K | +31.8% |
| Total assets | $982K | $985K | $985K | $914K | $825K | -16.0% |
| Total liabilities | $281K | $265K | $265K | $246K | $202K | -28.1% |
| Net assets | $701K | $720K | $720K | $668K | $623K | -11.1% |
Officer & staff compensation
FY24 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 9 unpaid officers/directors as reported (CLAY CONLEY, DEBRA CONLEY, DILLON BIVINS, +6 more)
All 9 listed officers reported $0 compensation — volunteer board.
Top contractors
FY24 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY24 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| ENTERTAINMENT | $24,741 |
| CART SHED RENTALS | $6,870 |
| CLUBHOUSE RENTALS | $1,000 |
Balance sheet & capital
FY24 · IRS Form 990, Part X
Mortgages & notes payable
$198K
▼ $32K paid down
Net land, buildings & equipment
$746K
book value, net of depreciation
Facility age
41%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY24 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $28,940 |
| Occupancy | $0 |
| Depreciation & depletion | $54,768 |
| Information technology | $0 |
| Advertising & promotion | $0 |
| Office expenses | $657 |
| Legal fees | $0 |
| Accounting fees | $6,000 |
| Other professional fees | $0 |
QFounded in 1967, Quanah Country Club reported $399k of revenue for FY24, at an operating margin of -10.0%. Revenue moved down 9.0% 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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