Royal Oaks Country Club Inc
- Assets
- $38.4m
- Revenue
- $23.3m
- Investments
- $0.0
- Employees
- 387
- Location
- Dallas, TX
- Founding
- 00/0000
- Data as of
- 09/2023
- EIN
- 75-1291969
Organization Overview
Royal Oaks Country Club Inc is located in Dallas, TX. The organization was established in 0000. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Royal Oaks Country Club Inc employed 387 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royal Oaks 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 09/2023, Royal Oaks Country Club Inc generated $23.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $21.8m during the year ending 09/2023. While expenses have increased by 2.9% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE MEMBERS AN ENTERTAINMENT FACILITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTIONAL SUPPORT AND AUXILIARY SERVICES PROVIDED TO 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 |
|---|---|---|---|
Jarrett Chirico Director Of Raquets | Officer | 40 | $593,494 |
J Todd Harbour General Manager & COO | OfficerTrustee | 40 | $421,233 |
Kristofer Davis Director Of Agronomy | Officer | 40 | $331,018 |
Dean Larsson Head Golf Professional | Officer | 40 | $301,451 |
James Bregard Controller & Treasurer | Officer | 40 | $240,818 |
Chris Molina Tennis Professional | 40 | $214,485 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Teamwork Fr Llc Labor | 9/29/23 | $356,413 |
Randy Smith Golf Instruction Llc Golf Professional | 9/29/23 | $202,175 |
Personal Touch Staffing Labor | 9/29/23 | $126,418 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,665,952 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $858,890 |
| 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 | $14,524,842 |
| Total Program Service Revenue | $5,658,936 |
| Investment income | $327,675 |
| 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 | $2,725,078 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,267,200 |
| 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. | $690,131 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,448,720 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $463,449 |
| Payroll taxes | $761,690 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,855 |
| 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 | $0 |
| Travel | $44,247 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $178,594 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,833,184 |
| Insurance | $1,331,726 |
| All other expenses | $6,714,945 |
| Total functional expenses | $21,845,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,083,810 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,051,573 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,661,378 |
| Inventories for sale or use | $567,167 |
| Prepaid expenses and deferred charges | $247,776 |
| Net Land, buildings, and equipment | $23,078,780 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $737,314 |
| Total assets | $38,427,798 |
| Accounts payable and accrued expenses | $1,967,051 |
| Grants payable | $0 |
| Deferred revenue | $1,438,863 |
| 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 | $2,136,573 |
| Other liabilities | $23,765,662 |
| Total liabilities | $29,308,149 |
| Net assets without donor restrictions | $9,119,649 |
| 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 | $38,427,798 |