TERR501(c)(7) · MEDIUMNAICS 713910EIN 75-0815556

Terrell Country Club

Terrell, TX · founded 2014
8 filings on recordFY 20142021medium confidence
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FY21 Total Revenue
$39k
▲ 0.0% YoY
FY21 Total Expenses
$31k
▲ 0.0% YoY
Operating Margin
21.8%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing

The Five-Year Picture

FY2017 — FY2021 · as filed
Revenue
$39K
▼ 3.6% / 5y
4143383939
Expenses
$31K
▲ 1.6% / 5y
3046553131
Total Assets
$91K
▼ 91.6% / 5y
1.11.11.19191
Total Liabilities
$0
no prior year
00000

Year-on-year detail

from IRS Form 990
LineFY17FY18FY19FY20FY21Δ total
Revenue$41K$43K$38K$39K$39K-3.6%
Expenses$30K$46K$55K$31K$31K+1.6%
Net surplus$10K-$3K-$17K$9K$9K-18.5%
Total assets$1.1M$1.1M$1.1M$91K$91K-91.6%
Total liabilities$0$0$0$0$0
Net assets$1.1M$1.1M$1.1M$91K$91K-91.6%

Officer & staff compensation

FY21 · from IRS Form 990
Officer · EmployeeReportableOther
BOBBY THOMPSON
MEMBER· 1h/wk
$7,185

+ 5 unpaid officers/directors as reported (BILL COX, BILLY PHILLIPS, DANIEL BEALL, +2 more)

Balance sheet & capital

FY21 · IRS Form 990, Part X
Mortgages & notes payable
end of year
Net land, buildings & equipment
$37K
book value, net of depreciation
Facility age
79%
accumulated depreciation ÷ cost — higher = older plant

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

FY21 · Form 990, Part IX
Management fees$0
Insurance$2,867
Occupancy$0
Depreciation & depletion$3,549
Information technology$194
Advertising & promotion$0
Office expenses$604
Legal fees$0
Accounting fees$750
Other professional fees$200

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.

TFounded in 2014, Terrell Country Club reported $39k of revenue for FY21, at an operating margin of 21.8%. 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, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2020 · period ending Thu Dec 31 2020 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2019 · period ending Tue Dec 31 2019 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 5 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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