Liabilities / Assets
47th percentile
Higher debt load relative to assets than 47% of similar nonprofits.
Shoal Creek
EIN 63-0727001 • 501(c)7 • Shoal Creek, AL
Profile
To provide for the enjoyment and recreation of its members
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.33x
Liabilities / Revenue
54th percentile
Higher debt load relative to revenue than 54% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 4.5% of source-year revenue.
Asset Growth
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
55th percentile
Faster revenue growth than 55% of similar nonprofits.
Balance Sheet
Assets
Up$16,675,485
Up $4,608,868 (+38%) from 2023
Liabilities
Up$5,525,841
Up $3,138,279 (+131%) from 2023
Net Assets
Up$11,149,644
Up $1,470,589 (+15%) from 2023
Revenue
Up$8,213,015
Up $588,709 (+7.7%) from 2023
Expenses
Up$9,385,580
Up $607,268 (+6.9%) from 2023
Net Income
Down-$1,172,565
Down $18,559 (-1.6%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $16,675,485
- Liabilities
- $5,525,841
- Net assets
- $11,149,644
- Revenue
- $8,213,015
- Expenses
- $9,385,580
- Net income
- -$1,172,565
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Oct 30, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $9,482,723
Mission and Program Overview
Mission
To provide for the enjoyment and recreation of its members
The organization's exempt purpose is for the enjoyment and recreation of its members.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $9,395,408 | $9,916,190 | ▲ $520,782 |
| Accounts Receivable | $1,006,583 | $1,183,940 | ▲ $177,357 |
| Cash and Non-Interest-Bearing Accounts | $504,284 | $1,067,569 | ▲ $563,285 |
| Inventories for Sale or Use | $339,245 | $406,422 | ▲ $67,177 |
| Prepaid Expenses and Deferred Charges | $97,891 | $118,424 | ▲ $20,533 |
| Savings and Temporary Cash Investments | $6,989 | $10,944 | ▲ $3,955 |
| Total Assets | $12,066,617 | $16,675,485 | ▲ $4,608,868 |
| Other Assets Total | $716,217 | $3,971,996 | ▲ $3,255,779 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $0 | $3,324,233 | ▲ $3,324,233 |
| Deferred Revenue | $859,217 | $1,107,623 | ▲ $248,406 |
| Accounts Payable and Accrued Expenses | $917,737 | $650,459 | ▼ $267,278 |
| Other Liabilities | $610,608 | $443,526 | ▼ $167,082 |
| Total Liabilities | $2,387,562 | $5,525,841 | ▲ $3,138,279 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $9,652,690 | $11,111,500 | ▲ $1,458,810 |
| Net Assets With Donor Restrictions | $26,365 | $38,144 | ▲ $11,779 |
| Total Net Assets Fund Balance | $9,679,055 | $11,149,644 | ▲ $1,470,589 |
| Total Liabilities and Net Assets / Fund Balance | $12,066,617 | $16,675,485 | ▲ $4,608,868 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $6,042,138 | $8,277,417 | $14,319,555 |
| Buildings | $2,931,776 | $4,700,292 | $7,632,068 |
| Equipment | $725,866 | $1,163,724 | $1,889,590 |
| Land | $216,410 | - | $216,410 |
| Other Assets Org | $3,427,944 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| James Carroll | Director of Agronomy | FT | $276,484 | $94,295 | $370,779 |
| Brian Corn | Director of Golf | FT | $201,711 | $86,781 | $288,492 |
| Timothy Freund | General Manager | FT | $185,176 | $73,090 | $258,266 |
| Julie Murphy | Controller | FT | $107,949 | $19,178 | $127,127 |
| Curtis Garner | Assistant General Manager | FT | $104,115 | $17,529 | $121,644 |
Board Members and Trustees
| Name | Title |
|---|---|
| Gregory King | President |
| Doug Eckert | Vice President |
| Charlie Adair | Board Member |
| Emmett Mclean | Board Member |
| George Thompson Jr | Board Member |
| Jay Grinney | Board Member |
| Jeff Bissell | Board Member |
| John Law Robinson | Board Member |
| Kevin Kynerd | Board Member |
| Paul Vardaman | Board Member |
| Ladd Mark | Secretary |
| David Murvin | Treasurer |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Tri-stone Se Corp | Course Maintenance St |