philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Live Oak Golf Country Club INC

Not tax-deductible

Rockport, TX501(c)(7)EIN 74-1176548Revenue $591K in FY2025

On file with the IRS2611 Highway 35 N, 78382-5708 · Rockport, TXTax-exempt since May 1954

Tell your story. Claim this org

Recreation facilities

Run by 125 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · 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
3 of 6
filings with a surplus
Average deficit $5K a year · 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$56K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
125
of 125 voting members
Looks good: 125 of 125 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$591K
+12% vs prior year
Spent
$582K
To programs
0%
Net assets
$681K
By yearFY2020–FY2025
Revenue
$591K
FY2025▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$324K
FY2021$469K
FY2022$484K
FY2023$512K
FY2024$526K
FY2025$591K
Expenses
$582K
FY2025▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$311K
FY2021$493K
FY2022$513K
FY2023$485K
FY2024$552K
FY2025$582K
Net assets
$681K
FY2025▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$726K
FY2021$702K
FY2022$673K
FY2023$699K
FY2024$673K
FY2025$681K

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1954.

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

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
John Turner
President/Financ
$0Pt VII · Sec A
Mark Barker
Vice President/Tournament Chair
$0Pt VII · Sec A
Rick Shurbet
Secretary
$0Pt VII · Sec A
Dana Wilson
Grounds Chair
$0Pt VII · Sec A
Danny Gray
Director
$0Pt VII · Sec A
See Live Oak Golf Country Club INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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 15aNo

Programs and updates

Live Oak Golf Country Club INC is a member-serving organization based in Rockport, TX.

Questions for Live Oak Golf Country Club INC

Tap to ask. Live Oak Golf Country Club INC sees how many people are interested.

Your first name shows with your question. Live Oak Golf Country Club INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2025
01

Provides golf & recreational facilities for aproximately 125 area families

Pt IX · col B

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$591K
Ln 12
Fees for servicesLn 2g$354K
Gifts and grantsLn 1h$227K
Other incomeLn 4–11$10K
Money outPt IX
$582K
Ln 25
Owns and owesPt X
$681K
net assets · Ln 32
Cash and savingsLn 1–2$83K
Total assetsLn 16$737K
LiabilitiesLn 26$56K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a125
IndependentVI 1b125
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$227K
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$354K
Investment incomeLn 3$10
Other incomeLn 4–11$10K
Total revenueLn 12$591K
Assets in detailPt X, end of year
CashLn 1$83K
Cash and savings togetherLn 1–2$83K
Land, buildings, equipmentLn 10c$622K
Total assetsLn 16$737K
LiabilitiesLn 26$56K
Net assetsLn 32$681K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6125
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$69K$83K
Land, buildings, equipmentLn 10c$627K$622K
Total assetsLn 16$722K$737K
LiabilitiesLn 26$49K$56K
Net assetsLn 32$673K$681K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$211K$0$0$0
Payroll taxesLn 10$22K$0$0$0
Accounting feesLn 11c$10K$0$0$0
Advertising and promotionLn 12$43$0$0$0
Office expensesLn 13$228$0$0$0
InterestLn 20$1K$0$0$0
Depreciation, depletion and amortizationLn 22$18K$0$0$0
Other expenses (24a–d)Ln 24$164K$0$0$0
All other expensesLn 24e$156K$0$0$0
Total functional expensesLn 25$582K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $591K$582K$9K$681K 990 PDF
FY2024 $526K$552K−$27K$673K 990 PDF
FY2023 $512K$485K$26K$699K 990 PDF
FY2022 $484K$513K−$29K$673K 990 PDF
FY2021 $469K$493K−$24K$702K 990 PDF
FY2020 $324K$311K$13K$726K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $591,016 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $207,835$227,224
I-9 Program service revenuePrior year $316,657$353,660
I-10 Investment income$10
I-11 Other revenuePrior year $1,245$10,122
I-12 Total revenuePrior year $525,737$591,016
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $217,345$232,570
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $334,894$349,725
I-18 Total expensesPrior year $552,239$582,295
I-19 Revenue less expensesPrior year −$26,502$8,721
Part VI · Governance 125 of 125 board members independent, 3 to look at
VI-1a Voting members of the governing body125
VI-1b Independent voting members125
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $591,016 across 8 lines filed
VIII-1b Membership dues$227,224
VIII-1c Fundraising events$0
VIII-1h Total contributions, gifts and grants$227,224
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$353,660
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $10$10
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $3,180$3,180
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,942 · Unrelated business $0 · Excluded from tax $0$6,942
VIII-12 Total revenueRelated to mission $360,602 · Unrelated business $0 · Excluded from tax $3,190$591,016
Part IX · Statement of functional expenses $582,295 across 9 lines filed
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$210,923
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$21,647
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$9,950
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$43
IX-13 Office expensesPrograms $0 · Management $0 · Fundraising $0$228
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$1,012
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$18,169
IX-24 Other expenses (24a–d)Programs $0 · Management $0 · Fundraising $0$164,386
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$155,937
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$582,295
Part X · Balance sheet $737,080 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $69,106$83,249
X-4 Accounts receivableStart of year $15,056$20,394
X-9 Prepaid expenses and deferred chargesStart of year $10,860$11,172
X-10c Land, buildings and equipment, netStart of year $626,638$622,265
X-16 Total assetsStart of year $721,660$737,080
X-17 Accounts payable and accrued expensesStart of year $15,725$12,642
X-19 Deferred revenueStart of year $7,161$11,986
X-26 Total liabilitiesStart of year $48,932$55,631
X-32 Total net assets or fund balancesStart of year $672,728$681,449
X-33 Total liabilities and net assetsStart of year $721,660$737,080
Part XI · Reconciliation of net assets $681,449 net assets at year end
XI-1 Total revenue$591,016
XI-2 Total expenses$582,295
XI-3 Revenue less expenses$8,721
XI-4 Net assets at start of year$672,728
XI-10 Net assets at end of year$681,449

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.