Franklinton Country Club Inc
- Assets
- $204.0k
- Revenue
- $313.5k
- Investments
- $0.0
- Employees
- 8
- Location
- Franklinton, LA
- Founding
- 01/1968
- Data as of
- 12/2021
- EIN
- 72-0643372
Organization Overview
Franklinton Country Club Inc is located in Franklinton, LA. The organization was established in 1968. 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 12/2021, Franklinton Country Club Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklinton 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 12/2021, Franklinton Country Club Inc generated $313.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $276.4k during the year ending 12/2021. While expenses have increased by 2.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR GOLF COURSE SERVES MEMBER FAMILIES AND THEIR GUESTS. LOCAL SCHOOLS ALSO USE IT FOR THEIR GOLF TEAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR GOLF COURSE SERVES MEMBER FAMILIES AND THEIR GUESTS. LOCAL SCHOOLS ALSO USE IT FOR THEIR GOLF TEAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Allen Secretary | OfficerTrustee | 6 | $0 |
Joe Brown President | OfficerTrustee | 35 | $0 |
Thomas Richardson Director | OfficerTrustee | 6 | $0 |
Mike Thomas Director | Trustee | 6 | $0 |
Scott Blair Director | Trustee | 6 | $0 |
Eric Mcdaniel Director | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $82,206 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,956 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,162 |
| Total Program Service Revenue | $183,697 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,884 |
| 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 | $14,346 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $313,466 |
| 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 | $96,741 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,529 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,269 |
| Advertising and promotion | $0 |
| Office expenses | $1,732 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,645 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,298 |
| Insurance | $3,665 |
| All other expenses | $0 |
| Total functional expenses | $276,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,671 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,322 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,604 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $123,642 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $775 |
| Total assets | $204,014 |
| Accounts payable and accrued expenses | $2,557 |
| 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 | $0 |
| Other liabilities | $12,645 |
| Total liabilities | $15,202 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $213,406 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$24,594 |
| Total liabilities and net assets/fund balances | $204,014 |
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|---|---|---|
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San Antonio Country Club San Antonio, TX | $32,771,937 | $23,788,660 |
Shady Oaks Country Club Inc Fort Worth, TX | $32,968,656 | $15,253,565 |
Midland Country Club Midland, TX | $28,175,865 | $15,973,291 |
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Dngc Member Club Inc Dallas, TX | $29,289,418 | $12,348,181 |
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Baton Rouge Country Club Inc Baton Rouge, LA | $28,846,628 | $10,362,184 |
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Mira Vista Country Club Fort Worth, TX | $16,102,268 | $9,038,386 |
Dallas Petroleum Club Dallas, TX | $6,437,336 | $6,134,462 |
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