TLWI501(c)(7) · MEDIUMNAICS 713910EIN 91-0817896

Twin Lakes Golf And Country Club

Federal Way, WA · founded 1968
14 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$3.94M
▲ 18.4% YoY
FY23 Total Expenses
$3.58M
▲ 3.2% YoY
Operating Margin
9.2%
revenue minus expenses ÷ revenue
Employees
96
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.9M
▲ 37.3% / 5y
2.93.13.13.33.9
Expenses
$3.6M
▲ 19.8% / 5y
3.02.82.83.53.6
Total Assets
$2.5M
▲ 47.1% / 5y
1.72.32.32.12.5
Total Liabilities
$1.6M
▲ 4.8% / 5y
1.51.61.61.51.6

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.9M$3.1M$3.1M$3.3M$3.9M+37.3%
Expenses$3.0M$2.8M$2.8M$3.5M$3.6M+19.8%
Net surplus-$117K$306K$306K-$141K$362K-409.7%
Total assets$1.7M$2.3M$2.3M$2.1M$2.5M+47.1%
Total liabilities$1.5M$1.6M$1.6M$1.5M$1.6M+4.8%
Net assets$197K$706K$706K$565K$927K+370.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
DAVID HOBSON
General Manager· 40h/wk
$126,587

+ 9 unpaid officers/directors as reported (BRYCE LANDRUD, DAN SMITH, DENISE HARRELL, +6 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$1,824,806
FOOD AND BEVERAGE$868,188
ASSESSMENTS$700,372
GOLF PRO SHOP$469,242
OTHER INCOME$31,942

TFounded in 1968, Twin Lakes Golf And Country Club reported $3.94M of revenue for FY23, at an operating margin of 9.2%. Revenue moved up 18.4% 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)
+ 11 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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