Hyperion Field Club FY2021 filing

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To serve as an association of its members. To own and operate a country Club for the shared enjoyment and recreation of the members and their guests.

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $730K a year · 10% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.0M
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.8M
+21% vs prior year
Spent
$5.6M
Net assets
$3.3M
By yearFY2020–FY2025
Revenue
$5.8M
FY2021▲ +21%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.8M
FY2021$5.8M
FY2022$7.9M
FY2023$8.5M
FY2024$7.8M
FY2025$8.2M
Expenses
$5.6M
FY2021▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.7M
FY2021$5.6M
FY2022$6.4M
FY2023$7.1M
FY2024$7.3M
FY2025$7.7M
Net assets
$3.3M
FY2021▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.1M
FY2021$3.3M
FY2022$4.8M
FY2023$6.3M
FY2024$6.8M
FY2025$7.4M

From the FY2021 Form 990 (year ending October 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1945.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024
Evan Summa$185,265$156,547
Sarah Bidney$116,814$107,573
James Sedrel$115,330$110,451
Adam Pritchard$114,293$106,699
Megan Martens$112,023$105,225

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Operates a country club for members' shared enjoyment and recreation.

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Provided by the organization

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3 programs · in their own filed words · FY2020
01

Golf course maintenance, golf shop and activities. The golf course is a fully functional 18 hole golf course which also provides practice facilities. The golf shop offers fashion apparel, golf equipment, and other accessories. Programs and events include women's golf, men's golf, junior golf, couples golf, and twilight golf.

Pt IX · col B
02

The golf course provides two dining rooms. The sports bar is a casual place to have lunch or dinner. For a quiet and family-oriented setting, the sunset dining room is more appropriate. The clubhouse is also used for clubhouse events hosted by hyperion.

Pt IX · col B
03

Food and beverage operations

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$5.8M
Ln 12
Fees for servicesLn 2g$3.9M
Other incomeLn 4–11$1.9M
Investment incomeLn 3$3K
Money outPt IX
$5.6M
Ln 25
Owns and owesPt X
$3.3M
net assets · Ln 32
Cash and savingsLn 1–2$914K
Total assetsLn 16$6.3M
LiabilitiesLn 26$3.0M
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$3.9M
Investment incomeLn 3$3K
Other incomeLn 4–11$1.9M
Gains on assetsLn 7$2K
Total revenueLn 12$5.8M
Assets in detailPt X, end of year
CashLn 1$664K
SavingsLn 2$250K
Cash and savings togetherLn 1–2$914K
Land, buildings, equipmentLn 10c$5.1M
Total assetsLn 16$6.3M
LiabilitiesLn 26$3.0M
Net assetsLn 32$3.3M
OperationsPt I, VI
EmployeesI 5244
VolunteersI 612
Fiscal year endsHeaderOctober
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$900K$914K
Land, buildings, equipmentLn 10c$5.1M$5.1M
Total assetsLn 16$6.4M$6.3M
LiabilitiesLn 26$3.3M$3.0M
Net assetsLn 32$3.1M$3.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$2.1M
Pension plan contributionsLn 8$19K
Other employee benefitsLn 9$48K
Payroll taxesLn 10$216K
Accounting feesLn 11c$8K
Advertising and promotionLn 12$17K
Office expensesLn 13$77K
OccupancyLn 16$433K
InterestLn 20$187K
Depreciation, depletion and amortizationLn 22$474K
InsuranceLn 23$76K
Other expenses (24a–d)Ln 24$1.7M
All other expensesLn 24e$247K
Total functional expensesLn 25$5.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8.2M$7.7M$576K$7.4M 990 PDF
FY2024 $7.8M$7.3M$498K$6.8M 990 PDF
FY2023 $8.5M$7.1M$1.5M$6.3M 990 PDF
FY2022 $7.9M$6.4M$1.5M$4.8M 990 PDF
FY2021 Viewing $5.8M$5.6M$226K$3.3M 990 PDF
FY2020 $4.8M$4.7M$64K$3.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $5,789,094 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $3,243,471$3,900,143
I-10 Investment incomePrior year −$1,840$2,531
I-11 Other revenuePrior year $1,560,183$1,886,420
I-12 Total revenuePrior year $4,801,814$5,789,094
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,165,081$2,379,666
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,572,384$3,182,929
I-18 Total expensesPrior year $4,737,465$5,562,595
I-19 Revenue less expensesPrior year $64,349$226,499
Part VI · Governance 12 of 12 board members independent, 3 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,789,094 across 5 lines filed
Lines not itemized here account for $2,010,685 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,635,563 · Unrelated business $128,325$3,763,888
VIII-3 Investment incomeUnrelated business $531$531
VIII-7 Net gain or loss on sales of assetsUnrelated business $2,000$2,000
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $11,990$11,990
VIII-12 Total revenueRelated to mission $5,460,965 · Unrelated business $328,129 · Excluded from tax $0$5,789,094
Part IX · Statement of functional expenses $5,562,595 across 13 lines filed
IX-7 Other salaries and wages$2,096,340
IX-8 Pension plan contributions$19,209
IX-9 Other employee benefits$47,804
IX-10 Payroll taxes$216,313
IX-11c Accounting fees$8,500
IX-12 Advertising and promotion$17,023
IX-13 Office expenses$76,911
IX-16 Occupancy$432,953
IX-20 Interest$186,812
IX-22 Depreciation, depletion and amortization$473,510
IX-23 Insurance$76,120
IX-24 Other expenses (24a–d)$1,664,558
IX-24e All other expenses$246,542
IX-25 Total functional expenses$5,562,595
Part X · Balance sheet $6,332,058 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $651,143$663,952
X-2 Savings and temporary cash investmentsStart of year $249,123$249,653
X-4 Accounts receivableStart of year $152,410$127,764
X-8 Inventories for sale or useStart of year $190,418$188,953
X-9 Prepaid expenses and deferred chargesStart of year $50,696$5,827
X-10c Land, buildings and equipment, netStart of year $5,070,012$5,095,909
X-16 Total assetsStart of year $6,363,802$6,332,058
X-17 Accounts payable and accrued expensesStart of year $327,213$453,138
X-25 Other liabilitiesStart of year $79,676$98,751
X-26 Total liabilitiesStart of year $3,312,196$3,042,753
X-27 Net assets without donor restrictionsStart of year $3,051,606$3,289,305
X-32 Total net assets or fund balancesStart of year $3,051,606$3,289,305
X-33 Total liabilities and net assetsStart of year $6,363,802$6,332,058
Part XI · Reconciliation of net assets $3,289,305 net assets at year end
XI-1 Total revenue$5,789,094
XI-2 Total expenses$5,562,595
XI-3 Revenue less expenses$226,499
XI-4 Net assets at start of year$3,051,606
XI-9 Other changes in net assets$11,200
XI-10 Net assets at end of year$3,289,305

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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