MLEA501(c)(7) · MEDIUMNAICS 713910EIN 81-0229744
Meadow Lark Country Club Inc
Great Falls, MT · founded 1960
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$5.70M
▲ 28.7% YoY
FY23 Total Expenses
$4.71M
▲ 12.6% YoY
Operating Margin
17.3%
revenue minus expenses ÷ revenue
Employees
182
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$5.7M
▲ 45.3% / 5y
Expenses
$4.7M
▲ 28.3% / 5y
Total Assets
$4.7M
▲ 43.9% / 5y
Total Liabilities
$1.3M
▼ 16.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.9M | $4.4M | $4.4M | $4.4M | $5.7M | +45.3% |
| Expenses | $3.7M | $3.9M | $3.9M | $4.2M | $4.7M | +28.3% |
| Net surplus | $249K | $484K | $484K | $243K | $988K | +296.3% |
| Total assets | $3.3M | $3.4M | $3.4M | $3.8M | $4.7M | +43.9% |
| Total liabilities | $1.6M | $1.2M | $1.2M | $1.5M | $1.3M | -16.8% |
| Net assets | $1.7M | $2.3M | $2.3M | $2.4M | $3.4M | +102.1% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
MICHAEL BOWMAN General Manager· 40h/wk | $110,642 | — |
+ 10 unpaid officers/directors as reported (CHERYL NELSON, DEVIN GRAY, DREW BLEWETT, +7 more)
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 |
|---|---|
| ANNUAL RENTAL | $164,352 |
| GOLF TOURNAMENT FEES | $145,077 |
| GREEN FEES | $133,152 |
| CART RENTAL | $71,009 |
| TENNIS LESSON FEES | $63,405 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$656K
▼ $224K paid down
Net land, buildings & equipment
$3.1M
book value, net of depreciation
Facility age
74%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $115,734 |
| Occupancy | $434,472 |
| Depreciation & depletion | $301,817 |
| Advertising & promotion | $62,549 |
| Office expenses | $93,555 |
| Legal fees | $6,972 |
| Accounting fees | $160,065 |
| Other professional fees | $35,316 |
MFounded in 1960, Meadow Lark Country Club Inc reported $5.70M of revenue for FY23, at an operating margin of 17.3%. Revenue moved up 28.7% 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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