Panola Country Club
- Assets
- $686.4k
- Revenue
- $872.2k
- Investments
- $0.0
- Employees
- 40
- Location
- Batesville, MS
- Founding
- 11/1971
- Data as of
- 12/2022
- EIN
- 64-0321161
Organization Overview
Panola Country Club is located in Batesville, MS. The organization was established in 1971. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Panola Country Club employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Panola 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 12/2022, Panola Country Club generated $872.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $884.0k during the year ending 12/2022. While expenses have increased by 8.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A GOLF COURSE AND SOCIAL GATHERING FOR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A GOLF COURSE AND SOCIAL GATHERING PLACE FOR MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Young Director | Officer | 0 | $0 |
Chase Montgomery Director | Officer | 0 | $0 |
Rick Davis Director | Officer | 0 | $0 |
Colleen Montgomery Director | Officer | 0 | $0 |
Brian Doty President | Officer | 0 | $0 |
Mary Troxler Secretayr | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $528,960 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,079 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $602,039 |
| Total Program Service Revenue | $68,324 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $201,788 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $872,151 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $331,987 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $32,845 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,930 |
| Advertising and promotion | $0 |
| Office expenses | $17,433 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $57,750 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21,183 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,977 |
| Insurance | $36,953 |
| All other expenses | $0 |
| Total functional expenses | $884,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,519 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,584 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,954 |
| Prepaid expenses and deferred charges | $4,416 |
| Net Land, buildings, and equipment | $615,696 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $8,233 |
| Other assets | $0 |
| Total assets | $686,402 |
| Accounts payable and accrued expenses | $32,602 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $456,109 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $488,711 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $197,691 |
| Total liabilities and net assets/fund balances | $686,402 |