Faribault Golf & Country Club
501(c)(7)
Only null% goes to programs Strong reserves Growing revenue
Faribault Golf & Country Club is a 501(c)(7) organization based in Faribault, Minnesota, registered in 1945, with $1,040,855 in FY2024 revenue. CharityIndex grades it B.
1700 17th St Nw 1700 17th Street Nw, Faribault, MN, 55021 EIN 41-0627645 Since 1945
Revenue (FY2024)
$1.0M
▼ 5.0% vs prior year
Expenses (FY2024)
$1.1M
Net assets
$1.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Faribault Golf & Country Club— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating17 mo reserves · -9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Faribault Golf & Country Club: 17 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Faribault Golf & Country Club— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Faribault Golf & Country Club: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $2.2M (FY2013) to $1.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $338KNet assets $1.6M
Operating margin
-9.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$338K
Net assets
$1.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,040,855▼5.0% | $1,135,597▲10.1% | $1,598,766▼8.1% | $1,936,295▼4.2% | 990 |
| 2023 | $1,095,569▲13.1% | $1,031,123▲4.0% | $1,740,293▲3.5% | $2,020,356▼4.0% | 990 |
| 2022 | $968,837▲10.2% | $991,350▲10.0% | $1,682,218▼1.3% | $2,103,999▲7.7% | 990 |
| 2021 | $879,224▲10.2% | $901,129▲11.0% | $1,704,731▼1.3% | $1,953,825▼1.4% | 990 |
| 2020 | $797,731▲20.0% | $812,085▲6.8% | $1,726,636▼0.8% | $1,981,039▲10.2% | 990 |
| 2019 | $664,695▼3.0% | $760,054▼8.4% | $1,740,990▼5.2% | $1,798,172▼8.4% | 990 |
| 2018 | $685,484▲2.8% | $830,185▲4.8% | $1,836,349▼7.3% | $1,963,710▼4.7% | 990 |
| 2017 | $666,686▼4.4% | $792,426▼10.7% | $1,981,050▼6.0% | $2,060,034▼5.9% | 990 |
| 2016 | $697,138▼7.7% | $887,400▲4.4% | $2,106,790▼8.3% | $2,188,483▼8.1% | 990 |
| 2015 | $755,306▲25.9% | $850,268▲5.6% | $2,297,052▼4.0% | $2,382,488▼5.7% | 990 |
| 2014 | $599,942▼72.7% | $805,050▼0.8% | $2,392,014▼9.3% | $2,526,254▼8.6% | 990 |
| 2013 | $2,200,818 | $811,678▲31.6% | $2,636,690▲111% | $2,764,451▲95.7% | 990 |
| 2012 | — | $616,862▼0.3% | $1,247,550▲1151% | $1,412,878▲108% | 990 |
| 2011 | — | $618,681▼6.2% | -$118,705▼93.7% | $679,185▼12.6% | 990 |
| 2010 | — | $659,768 | -$61,298 | $776,830 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Faribault Golf & Country Club a legitimate nonprofit?
- Yes. Faribault Golf & Country Club is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 41-0627645, based in Faribault, Minnesota.
- What is Faribault Golf & Country Club's EIN?
- Faribault Golf & Country Club's Employer Identification Number (EIN) is 41-0627645.
- How much revenue does Faribault Golf & Country Club report?
- Faribault Golf & Country Club reported $1,040,855 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Faribault Golf & Country Club have?
- CharityIndex grades Faribault Golf & Country Club B, based on financial health (reserves and operating margin).
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Data for Faribault Golf & Country Club (EIN 41-0627645) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.