2024-11-14T07:17:40-06:00 2023-12-31 540737372 PBMARES LLP 725 JACKSON STREET SUITE 210 FREDERICKSBURG VA 22401 990 2023-01-01 273547144 FAWN LAKE COUNTRY CLUB FAWN 5409726014 11305 LONG STREET DRIVE SPOTSYLVANIA VA 22551 DON PRESSLEY CHAIRMAN 5409726014 2024-10-31 1 0 MICHAEL T KENNISON CPA P01034564 5403713566 2024-10-31 X 2023 2024-10-15 13:58:12Z DON PRESSLEY 11305 LONG STREET DRIVE SPOTSYLVANIA VA 22551 6389910 0 X WWW.FAWNLAKECC.COM X 2010 VA FAWN LAKE COUNTRY CLUB IS A NON-PROFIT CORPORATION DEDICATED TO THE PROMOTION AND SUPPORT OF GOLF, TENNIS AND RELATED SOCIAL ACTIVITIES. 7 7 203 0 97855 0 0 0 3347921 3956151 150891 5560 1407097 1364027 4905909 5325738 0 0 0 0 2828251 3041882 0 0 0 1768321 1907182 4596572 4949064 309337 376674 6709780 7010928 3447243 3372498 3262537 3638430 FAWN LAKE COUNTRY CLUB IS A NON-PROFIT CORPORATION DEDICATED TO THE PROMOTION AND SUPPORT OF SOCIAL ACTIVITIES TO IT'S MEMBERS INCLUDING GOLF,TENNIS AND DINING. 0 0 PROMOTES AND PROVIDES SOCIAL ACTIVITIES TO IT'S MEMBERS INCLUDING GOLF, TENNIS AND DINING. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 203 0 1 1 0 0 0 0 1169345 331493 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 X FAWN LAKE COUNTRY CLUB 5409726014 11305 LONG STREET DRIVE SPOTSYLVANIA VA 22551 X DON PRESSLEY CHAIRMAN 4.00 X X 0 0 0 KEITH ARMSTRONG VICE CHAIRMAN 4.00 X X 0 0 0 MATT DEZEE SECRETARY 4.00 X X 0 0 0 DENNIS TOSH TREASURER 4.00 X X 0 0 0 JOHN ALLISON DIRECTOR 2.00 X 0 0 0 DAVID DYE DIRECTOR 2.00 X 0 0 0 ALYSSA VICKERS DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 MEMBERSHIP DUES 713910 3040927 3040927 GOLF 713910 773058 773058 ROOM RENTALS 713910 97855 97855 TENNIS 713910 44311 44311 3956151 4260 4260 1300 0 1300 1300 1300 2419515 1064172 1355343 1355343 MISC. REVENUE-RELATED-990 713910 8684 8684 8684 5325738 5223623 97855 4260 2623411 170978 247493 5621 22000 74542 12527 45514 149466 1166 129398 435999 81685 SUPPLIES 203551 MAINTENANCE & REPAIRS 188382 EQUIPMENT RENTAL AND MA 162628 CONTRACT SERVICES 112077 282626 4949064 302946 111986 775384 1164120 573771 587642 117510 125050 6752 11628 7230992 2226115 4926554 5004877 6863 5625 6709780 7010928 250116 174177 248338 266390 2870706 2862515 78083 69416 3447243 3372498 X 3262537 3638430 3262537 3638430 6709780 7010928 X 376674 -303 -478 X X 1 X 0 1 0 3791863 424290 3367573 2305334 1515920 789414 1133795 285905 847890 5004877 DEPOSITS 11233 MISCELLANEOUS PAYABLES 58183 69416 X 6389910 1064172 1064172 5325738 0 5325738 6013714 1064650 1064650 4949064 0 4949064 PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL INCOME TAXES ON MEMBERS' TRANSACTIONS AND OTHER ACTIVITIES RELATED DIRECTLY TO ITS NONPROFIT PURPOSES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. FEDERAL INCOME TAXES ARE CALCULATED ON UNRELATED BUSINESS INCOME. FASB ASC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE CLUB'S MANAGEMENT HAS EVALUATED THE IMPACT OF THIS GUIDANCE TO ITS FINANCIAL STATEMENTS. MANAGEMENT EVALUATES AND ACCOUNTS FOR ANY SIGNIFICANT CHANGES IN FEDERAL TAX RATES AND SUCH AMOUNTS, IF ANY, ARE REFLECTED IN THE STATEMENTS OF FINANCIAL POSITION AND ACTIVITIES. THE CLUB'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THEY WERE FILED. THE CLUB'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSES AND OTHER EXPENSES, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,064,172. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE ACCOUNTS 478. COST OF GOODS SOLD 1,064,172. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE RIGHTS ASSOCIATED WITH CERTAIN MEMBERSHIP CLASSES MAY NOT BE MADE UNLESS APPROVED BY A VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B RETURNS PROVIDED ARE REVIEWED INDEPENDENTLY BY EACH MEMBER OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. INTERESTED PARTIES MAY CONTACT THE ACCOUNTING MANAGER AT 11305 LONG STREET DRIVE; SPOTSYLVANIA, VA 22551. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE DEBTS -478. PART XII, LINE 2C THE BOARD OF DIRECTORS OVERSEES THE REVIEW OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.