LAKE501(c)(7) · MEDIUMNAICS 713910EIN 84-0247380

Lakewood Country Club

Lakewood, CO · founded 1924
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$9.36M
▲ 4.7% YoY
FY23 Total Expenses
$9.17M
▲ 6.3% YoY
Operating Margin
2.0%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$9.4M
▲ 65.7% / 5y
5.66.26.98.99.4
Expenses
$9.2M
▲ 71.7% / 5y
5.35.45.78.69.2
Total Assets
$19.4M
▲ 0.7% / 5y
19.319.819.419.419.4
Total Liabilities
$5.4M
▼ 30.9% / 5y
7.97.55.95.65.4

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.6M$6.2M$6.9M$8.9M$9.4M+65.7%
Expenses$5.3M$5.4M$5.7M$8.6M$9.2M+71.7%
Net surplus$303K$831K$1.2M$315K$185K-39.0%
Total assets$19.3M$19.8M$19.4M$19.4M$19.4M+0.7%
Total liabilities$7.9M$7.5M$5.9M$5.6M$5.4M-30.9%
Net assets$11.4M$12.2M$13.5M$13.8M$14.0M+22.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 9 unpaid officers/directors as reported (BRANDON IDEKER, BRIT PROBST, DAVE RAMSEY, +6 more)

All 9 listed officers reported $0 compensation — volunteer board.

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
MANAGEMENT SOLUTIONS INC
GREENWOOD VILLAGE, CO
PROFESSIONAL EMPLOYER ORGANIZATION$4,985,514

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSESSMENTS$4,373,670
PROGRAM SERVICES$3,197,167

LFounded in 1924, Lakewood Country Club reported $9.36M of revenue for FY23, at an operating margin of 2.0%. Revenue moved up 4.7% 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
Form 990, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 31 2021 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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