Frank Phillips Club
- Assets
- $1.7m
- Revenue
- $44.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Bartlesville, OK
- Founding
- 06/1962
- Data as of
- 09/2022
- EIN
- 73-0400278
Organization Overview
Frank Phillips Club is located in Bartlesville, OK. The organization was established in 1962. 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. Frank Phillips Club is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2022, Frank Phillips Club generated $44.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $44.6k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 7 years. 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 RECREATION AND SOCIAL ACTIVITIES FOR CLUB MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FACILITIES AND ACTIVITIES FOR CLUB 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 |
|---|---|---|---|
Adam Hohmann Secretary | OfficerTrustee | $0 | |
Ben Mense Director | OfficerTrustee | $0 | |
Matthew Stephan VP Social We | OfficerTrustee | $0 | |
Adam Wood VP Membershi | OfficerTrustee | $0 | |
Creighton Wayne VP Events | OfficerTrustee | $0 | |
Mason Cain VP Events | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $7,662 |
| Investment income | $36,851 |
| 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 | $44,513 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,090 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $222 |
| Total functional expenses | $44,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,654 |
| Savings and temporary cash investments | $295,922 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $272,013 |
| 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 | $0 |
| Investments—publicly traded securities | $1,133,655 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,703,244 |
| Accounts payable and accrued expenses | $708 |
| 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 | $0 |
| Total liabilities | $708 |
| Net assets without donor restrictions | $1,702,536 |
| 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 | $1,703,244 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Hills Country Club Inc Mission Hills, KS | $14,571,445 | $12,104,303 |
Country Club At Castle Pines Inc Castle Rock, CO | $32,298,571 | $17,615,404 |
Brae Burn Country Club Houston, TX | $18,876,104 | $6,861,464 |
Quivira Inc Lake Quivira, KS | $23,130,278 | $7,856,462 |
Mira Vista Country Club Fort Worth, TX | $16,102,268 | $9,038,386 |
Dallas Petroleum Club Dallas, TX | $6,437,336 | $6,134,462 |
Country Club Of The Rockies Inc Edwards, CO | $35,169,326 | $6,989,939 |
Westborough Country Club St Louis, MO | $12,574,803 | $8,255,604 |
Pinehurst Country Club Denver, CO | $23,776,814 | $7,417,765 |
Westwood Country Club Inc Houston, TX | $8,686,172 | $4,577,698 |
Eagle Springs Golf Club Wolcott, CO | $13,914,157 | $6,191,099 |
American Mensa Ltd Hurst, TX | $11,710,635 | $4,744,166 |