Lakewood Golf & Country Club is a 501(c)(7) organization based in Tullahoma, Tennessee, registered in 1988, with $1,790,513 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.8M
▲ 5.3% vs prior year
Recreation median: $129K
Expenses (FY2024)
$1.7M
Net assets
$468K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Lakewood 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 →
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 Lakewood Golf & Country Club: 3 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
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 Lakewood 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 →
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 Lakewood Golf & Country Club: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.0M (FY2013) to $1.8M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
3.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$943K
Net assets
$468K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,790,513▲5.3% | $1,720,267▲1.6% | $467,594▲17.7% | $1,410,649▼0.3% | 990 |
| 2023 | $1,700,721▲4.4% | $1,693,168▲17.8% | $397,348▲1.9% | $1,414,186▼5.2% | 990 |
| 2022 | $1,629,101▲21.0% | $1,437,217▲9.7% | $389,795▲97.0% | $1,490,992▲7.3% | 990 |
| 2021 | $1,346,214▲15.1% | $1,310,696▲16.5% | $197,911▲22.5% | $1,389,241▲3.8% | 990 |
| 2020 | $1,169,584▼5.3% | $1,124,826▼11.4% | $161,619▲5.1% | $1,338,076▼4.0% | 990 |
| 2019 | $1,235,408▲17.5% | $1,270,128▲15.5% | $153,715▼31.0% | $1,393,182▼3.2% | 990 |
| 2018 | $1,051,360▼2.5% | $1,099,287▲6.6% | $222,659▼17.7% | $1,439,154▼3.4% | 990 |
| 2017 | $1,078,785▲7.2% | $1,030,992▲4.5% | $270,586▲21.5% | $1,490,427▲9.5% | 990 |
| 2016 | $1,005,925▲1.2% | $986,908▼3.2% | $222,793▲9.3% | $1,361,320▼11.2% | 990 |
| 2015 | $993,987▼0.1% | $1,019,702▼0.9% | $203,776▼7.4% | $1,533,873▲1.6% | 990 |
| 2014 | $995,024▼3.5% | $1,028,571▼3.2% | $220,175▼13.2% | $1,509,029▼5.9% | 990 |
| 2013 | $1,031,553 | $1,062,192▼6.2% | $253,722▼10.8% | $1,604,087▼6.8% | 990 |
| 2012 | — | $1,131,896▲2.6% | $284,361▼15.9% | $1,721,083▼0.2% | 990 |
| 2011 | — | $1,103,250▲1.4% | $338,283▲60.1% | $1,724,569▲11.2% | 990 |
| 2010 | — | $1,087,537 | $211,266 | $1,551,387 | 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.
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Data for Lakewood Golf & Country Club (EIN 62-0541303) 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.