Knolls Country Club
- Assets
- $269.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reform, AL
- Founding
- 08/1970
- Data as of
- 12/2023
- EIN
- 63-0571435
Organization Overview
Knolls Country Club is located in Reform, AL. The organization was established in 1970. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knolls Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Knolls Country Club generated $124.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $123.7k during the year ending 12/2023. While expenses have increased by 12.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MAINTAINED GOLF COURSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dexter Black President | 1 | $0 | |
Ryan Wise V-Pres/secretary | 1 | $0 | |
Franklin Reynolds Maintenance | 30 | $21,800 | |
Robert Jaynes Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $114,335 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,505 |
| Other Revenue | $0 |
| Total Revenue | $124,840 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,167 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $76,033 |
| Printing, publications, postage, and shipping | $98 |
| Other expenses | $21,404 |
| Total expenses | $123,702 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,122 |
| Other assets | $0 |
| Total assets | $269,127 |
| Total liabilities | $167,243 |
| Net assets or fund balances | $101,884 |