Civic Intelligence

Greenbrier Recreation Club Inc

EIN 62-0840157 • 501(c)7 • Greenbrier, TN

Profile

Greenbrier recreation club is a

1928 Hygeia RoadGreenbrier, TN 37073

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.83x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.44x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

53rd percentile

6.6%

Higher net margin than 53% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Asset Growth

78th percentile

10%

Faster asset growth than 78% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-9.7%

Faster revenue growth than 14% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$536,215

Up $48,902 (+10%) from 2023

Liabilities

Down

$446,830

Down $27,947 (-5.9%) from 2023

Net Assets

Up

$89,385

Up $76,849 (+613%) from 2023

Revenue

Down

$1,016,296

Down $109,450 (-9.7%) from 2023

Expenses

Up

$949,067

Up $118,983 (+14%) from 2023

Net Income

Down

$67,229

Down $228,433 (-77%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500K-$1.0MAssets 2012: $350,394Liabilities 2012: $630,424Net Assets 2012: -$280,0302012Assets 2013: $314,911Liabilities 2013: $647,885Net Assets 2013: -$332,9742013Assets 2014: $329,708Liabilities 2014: $656,297Net Assets 2014: -$326,5892014Assets 2015: $300,079Liabilities 2015: $528,941Net Assets 2015: -$228,8622015Assets 2016: $244,623Liabilities 2016: $571,427Net Assets 2016: -$326,8042016Assets 2017: $249,309Liabilities 2017: $634,714Net Assets 2017: -$385,4052017Assets 2019: $8,145Liabilities 2019: $575,962Net Assets 2019: -$567,8172019Assets 2020: $302,562Liabilities 2020: $640,405Net Assets 2020: -$337,8432020Assets 2021: $382,233Liabilities 2021: $568,994Net Assets 2021: -$186,7612021Assets 2022: $340,157Liabilities 2022: $499,786Net Assets 2022: -$159,6292022Assets 2023: $487,313Liabilities 2023: $474,777Net Assets 2023: $12,5362023Assets 2024: $536,215Liabilities 2024: $446,830Net Assets 2024: $89,3852024

Highlighted filing

2024

Assets$536,215
Liabilities$446,830
Net Assets$89,385

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2012: $354,9722012Revenue 2013: $257,584Expenses 2013: $310,528Net Income 2013: -$52,9442013Revenue 2014: $352,196Expenses 2014: $361,458Net Income 2014: -$9,2622014Revenue 2015: $483,110Expenses 2015: $393,934Net Income 2015: $89,1762015Revenue 2016: $343,659Expenses 2016: $441,501Net Income 2016: -$97,8422016Revenue 2017: $329,496Expenses 2017: $388,007Net Income 2017: -$58,5112017Revenue 2019: $652,301Expenses 2019: $616,609Net Income 2019: $35,6922019Revenue 2020: $525,398Expenses 2020: $728,983Net Income 2020: -$203,5852020Revenue 2021: $759,348Expenses 2021: $534,889Net Income 2021: $224,4592021Revenue 2022: $904,572Expenses 2022: $699,175Net Income 2022: $205,3972022Revenue 2023: $1,125,746Expenses 2023: $830,084Net Income 2023: $295,6622023Revenue 2024: $1,016,296Expenses 2024: $949,067Net Income 2024: $67,2292024

Highlighted filing

2024

Revenue$1,016,296
Expenses$949,067
Net Income$67,229

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 11, 2023
Return Version
2022v5.0
Gross Receipts
$939,275
Mission and Program Overview

Mission

Greenbrier recreation club is a country club offering golf activities, pool and various other recreational activities for the social enjoyment of its membership.

Greenbrier Recreation Club is a country club offering golf activitivies and various other recreation activities for the social enjoyment of its membership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$192,989$192,989→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$95,208$95,208→ $0
Cash and Non-Interest-Bearing Accounts$103,464$54,425▼ $49,039
Savings and Temporary Cash Investments$68,000$52,976▼ $15,024
Inventories for Sale or Use$22,140$35,928▲ $13,788
Accounts Receivable$-4,360$3,839▲ $8,199
Loans From Officers Directors-$340-
Rtn Earn Endowment Incm Other Fnds$-264,629$-254,837▲ $9,792
Total Assets$382,233$340,157▼ $42,076
Liabilities
Mortgage Notes Payable Secured by Investment Property$497,964$454,610▼ $43,354
Other Liabilities$40,444$30,204▼ $10,240
Accounts Payable and Accrued Expenses$13,246$14,632▲ $1,386
Total Liabilities$551,654$499,786▼ $51,868
Net Assets / Fund Balance
Total Net Assets Fund Balance$-169,421$-159,629▲ $9,792
Total Liabilities and Net Assets / Fund Balance$382,233$340,157▼ $42,076

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$118,153$703,598$821,751
Buildings$336$313,261$313,597
Land$89,225-$89,225
Other Land Buildings$-14,725$14,725-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jerry FaggPresident
Steve BrownVice President
Bill VernichDirector
Jimmy GrubbsDirector
Kevin HughesDirector
Mitch AlleyDirector
Ron BirdwellDirector
Bob WalkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$721,092
Program Service Revenue
$104,380
Investment Income
$1,166
Other Revenue
$77,934
All Other Contributions
$14,700
Change in Net Assets
$205,397
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$361,553
Salaries, Compensation, and Employee Benefits$337,622
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$250,727$60,852-$311,579
Occupancy$77,626--$77,626
Payroll Taxes$20,718$5,325-$26,043
Insurance$22,083--$22,083
Interest$21,536--$21,536
Other Expenses$19,861$1,252-$21,113
Depreciation Depletion$14,143--$14,143
All Other Expenses$13,990--$13,990
Fees for Services Accounting-$11,051-$11,051
Advertising$9,471--$9,471
Office Expenses-$3,150-$3,150
Total Functional Expenses$617,545$81,630$0$699,175
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$340-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
John Deere Financial$20,640
Prepaid Dues$8,368
Gift Certificates$514
Sales Tax Payable$383
Golf Pro$236
Payroll Liabilities$63
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Club Members share ownership of the club with their Membership Fees.

Form 990 governing body review Part VI line 11

Return was prepared and provided to the General Manager and Treasurere for review and with their approval filed.

Form 990 availability to public Part VI line 18

No Public Discolsure: Dennis E. Wade, CPA PO Box 439 1874 Hwy 41 South Ridgetop, TN 37152

Governing documents etc available to public Part VI line 19

Governing documents are maintained at the club and are available upon request.

Filing and Contact Details

Filer

Filer Name
Greenbrier Recreation Club Inc
EIN
62-0840157
Address
1928 Hygeia Road, Greenbrier, TN 37073

Signing Officer

Name
Jerry Fagg
Title
President
Signed
2023-11-11
Discuss with paid preparer
No

Organization Details

Formed
1970
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
8
Employees
31

Preparer

Firm
Dennis E Wade CPA
Address
PO Box 439, Ridgetop, TN 37152
Preparer
Dennis E Wade
Phone
6158595772
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Due to unrelated business taxable income and expenses reported on Form 990-T.

Raw XML AppendixShowing 400 of 412 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt7President
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt02501
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-264629
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-254837
IRS990/SavingsAndTempCashInvstGrp/BOYAmt068000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt052976
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0336
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0313261
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0313597
IRS990ScheduleD/EquipmentGrp/BookValueAmt0118153
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0703598
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0821751
IRS990ScheduleD/LandGrp/BookValueAmt089225
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt089225
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-14725
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014725
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt063
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1383
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2514
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt320640
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4236
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt58368
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Sales Tax Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Gift Certificates
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3John Deere Financial
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Golf Pro
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5Prepaid Dues
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0192989
IRS990ScheduleD/TotalLiabilityAmt030204
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0170
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1170
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Pay Bills
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1To Purchase Equipmen
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt027500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt17957
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Bob Walker
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Jerry Fagg
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Officer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Officer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt0340
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Club Members share ownership of the club with their Membership Fees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Return was prepared and provided to the General Manager and Treasurere for review and with their approval filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No Public Discolsure: Dennis E. Wade, CPA PO Box 439 1874 Hwy 41 South Ridgetop, TN 37152
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents are maintained at the club and are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Due to unrelated business taxable income and expenses reported on Form 990-T.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0382233
IRS990/TotalAssetsEOYAmt0340157
IRS990/TotalAssetsGrp/BOYAmt0382233
IRS990/TotalAssetsGrp/EOYAmt0340157
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0721092
IRS990/TotalEmployeeCnt031
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081630
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0617545
IRS990/TotalFunctionalExpensesGrp/TotalAmt0699175
IRS990/TotalGrossUBIAmt062547
IRS990/TotalLiabilitiesBOYAmt0551654
IRS990/TotalLiabilitiesEOYAmt0499786
IRS990/TotalLiabilitiesGrp/BOYAmt0551654
IRS990/TotalLiabilitiesGrp/EOYAmt0499786
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-169421
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-159629
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0617545
IRS990/TotalProgramServiceRevenueAmt0104380
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0120933
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0904572
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt062547
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0382233
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0340157
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.oakhillsgolfcoursetn.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Jerry Fagg
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Greenbrier Recreation Club Inc
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0620840157
ReturnHeader/Filer/USAddress/AddressLine1Txt01928 Hygeia Road
ReturnHeader/Filer/USAddress/CityNm0Greenbrier
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037073
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621410120
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Dennis E Wade CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 439
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ridgetop
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN

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