PANH501(c)(7) · MEDIUMNAICS 713910EIN 75-1277558
Panhandle Country Club Inc
Panhandle, TX · founded 1990
12 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$303k
▲ 8.0% YoY
FY23 Total Expenses
$321k
▲ 13.4% YoY
Operating Margin
-5.8%
revenue minus expenses ÷ revenue
Employees
18
headcount as reported on filing
The Five-Year Picture
FY2018 — FY2023 · as filed
Revenue
$303K
▲ 13.5% / 5y
Expenses
$321K
▲ 10.1% / 5y
Total Assets
$161K
▼ 20.1% / 5y
Total Liabilities
$83K
▼ 2.7% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY18 | FY19 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $267K | $279K | $250K | $281K | $303K | +13.5% |
| Expenses | $292K | $283K | $299K | $283K | $321K | +10.1% |
| Net surplus | -$24K | -$3K | -$48K | -$2K | -$18K | -27.4% |
| Total assets | $202K | $199K | $182K | $179K | $161K | -20.1% |
| Total liabilities | $85K | $86K | $84K | $83K | $83K | -2.7% |
| Net assets | $117K | $113K | $99K | $96K | $79K | -32.7% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 5 unpaid officers/directors as reported (DAVID HACKETT, JAMES WHITT, JOHN RUZICH, +2 more)
All 5 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 |
|---|---|
| Tournaments | $35,839 |
| Green FeesCart Rental | $19,830 |
| Cart ShedTrail Fees | $10,905 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$55K
book value, net of depreciation
Facility age
92%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $26,114 |
| Depreciation & depletion | $6,931 |
| Advertising & promotion | $392 |
| Office expenses | $3,410 |
| Accounting fees | $310 |
PFounded in 1990, Panhandle Country Club Inc reported $303k of revenue for FY23, at an operating margin of -5.8%. Revenue moved up 8.0% 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
The Quarterly · free
Get Panhandle Country Club Inc’s next filing — the day it posts.
We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.
Quarterly only · no spam
Free · quarterly · unsubscribe in one click
Similar clubs
matched on revenue, geography & business mix
Same revenue band
PIREPresque Isle Country Club
Revenue $304K — near your $303K
$304Kcompare →
MCCOMccook Country Club
Revenue $304K — near your $303K
$304Kcompare →
TIPTTipton Country Club Inc
Revenue $302K — near your $303K
$302Kcompare →
Same state · TX
MEMPMemphis Country Club
TX club · $306K
$306Kcompare →
MRAGMagnolia Ridge Country Club
TX club · $316K
$316Kcompare →
ALPIAlpine Country Club
TX club · $290K
$290Kcompare →
Similar revenue mix
FCRAFranklin County Country Club
100% similar revenue mix
$544Kcompare →
IRROIron River Country Club
100% similar revenue mix
$180Kcompare →
SALESalem Country Club
100% similar revenue mix
$578Kcompare →
Similar payroll intensity
TROYTroy Country Club
Payroll intensity 38.8% · near your 38.8%
$2.7Mcompare →
LMAKLake Merced Golf & Country Club
Payroll intensity 38.8% · near your 38.8%
$15.4Mcompare →
ENLEEl Niguel Country Club
Payroll intensity 38.9% · near your 38.8%
$10.8Mcompare →