Fulton Country Club Inc is located in Fulton, MS. The organization was established in 1966. 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. Fulton Country Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2022, Fulton Country Club Inc generated $240.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $240.0k during the year ending 08/2022. While expenses have increased by 7.5% per year over the past 7 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 ENTERTAINMENT FACILITIES TO MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES SERVICES TO MEMBERS AND NON-MEMBERS IN NORTH MISSISSIPPI HOSTING TOURNAMENTS, PROVIDING AN ENTERTAINMENT VENUE FOR MEMBERS AND PROVIDING OTHER MEMBER SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clay Dozier President | OfficerTrustee | 1 | $0 |
Kory Payne Vice Preside | OfficerTrustee | 1 | $0 |
Lisa Russell Secretary Tr | Officer | 1 | $0 |
Daniel Bunch Board Member | Trustee | 1 | $0 |
Roy Cresap Board Member | Trustee | 1 | $0 |
Daniel Campbell Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $234,650 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $239,650 |
Total Program Service Revenue | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $240,212 |
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 | $87,791 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,939 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,028 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $572 |
Advertising and promotion | $0 |
Office expenses | $1,299 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,577 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $19,235 |
All other expenses | $21,874 |
Total functional expenses | $239,995 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,764 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $888,262 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $565 |
Total assets | $903,591 |
Accounts payable and accrued expenses | $2,456 |
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 | $0 |
Unsecured mortgages and notes payable | $76,043 |
Other liabilities | $250 |
Total liabilities | $78,749 |
Net assets without donor restrictions | $824,842 |
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 | $0 |
Total liabilities and net assets/fund balances | $903,591 |
Organization Name | Assets | Revenue |
---|---|---|
Country Club Of Birmingham Mountain Brook, AL | $47,639,454 | $23,076,044 |
Baton Rouge Country Club Inc Baton Rouge, LA | $28,846,628 | $10,362,184 |
Memphis Country Club Memphis, TN | $17,898,426 | $9,558,758 |
Krewe Of Bacchus Inc New Orleans, LA | $5,050,746 | $6,016,204 |
Hoover Country Club Birmingham, AL | $6,182,336 | $5,552,776 |
Dothan Country Club Dothan, AL | $9,614,467 | $5,061,847 |
River Hills Club Of Jackson Inc Jackson, MS | $9,139,589 | $4,526,237 |
Hot Springs Country Club Inc Hot Springs, AR | $2,661,246 | $3,999,960 |
Fayetteville Country Club Fayetteville, AR | $3,475,139 | $2,992,560 |
Jonesboro Country Club Inc Jonesboro, AR | $7,876,752 | $3,184,262 |
Diamante Members Club Inc Hot Springs Village, AR | $6,478,164 | $2,689,723 |
Cedar Creek Yacht Club Inc Mount Juliet, TN | $5,465,434 | $1,466,060 |