WFIC501(c)(7) · MEDIUMNAICS 713910EIN 75-0732282

Wichita Falls Country Club

Wichita Falls, TX · founded 1948
13 filings on recordFY 20122023medium confidence
FY23 Total Revenue
$5.04M
▲ 0.0% YoY
FY23 Total Expenses
$5.02M
▲ 0.0% YoY
Operating Margin
0.4%
revenue minus expenses ÷ revenue
Employees
201
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2023 · as filed
Revenue
$5.0M
▲ 30.7% / 5y
3.94.94.95.05.0
Expenses
$5.0M
▲ 13.3% / 5y
4.45.15.15.05.0
Total Assets
$4.3M
▼ 1.5% / 5y
4.44.24.24.34.3
Total Liabilities
$5.3M
▲ 14.4% / 5y
4.65.25.25.35.3

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY23Δ total
Revenue$3.9M$4.9M$4.9M$5.0M$5.0M+30.7%
Expenses$4.4M$5.1M$5.1M$5.0M$5.0M+13.3%
Net surplus-$575K-$203K-$203K$21K$21K-103.6%
Total assets$4.4M$4.2M$4.2M$4.3M$4.3M-1.5%
Total liabilities$4.6M$5.2M$5.2M$5.3M$5.3M+14.4%
Net assets-$283K-$1.1M-$1.1M-$1.0M-$1.0M+259.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
Michael Turner
Head Tennis Professional· 40h/wk
$185,875
Don Ciota
General Manager· 40h/wk
$152,115
Geoffrey Plasterr
General Manager· 40h/wk
$77,528

+ 13 unpaid officers/directors as reported (Anne Aaron, Brandon Anderson, Ford Swanson, +10 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
Membership dues & assessments$3,160,733
Golf fees$777,516
Recreation$386,393

WFounded in 1948, Wichita Falls Country Club reported $5.04M of revenue for FY23, at an operating margin of 0.4%. Revenue moved up 0.0% 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
Form 990, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Sun Apr 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Apr 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 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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