| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $2.1M | $3.0M | $3.0M | $2.5M | $2.8M | +31.7% |
| Expenses | $2.1M | $2.1M | $2.1M | $2.2M | $2.4M | +13.8% |
| Net surplus | $2K | $917K | $917K | $274K | $383K | +20264.5% |
| Total assets | $3.5M | $4.4M | $4.4M | $4.4M | $4.7M | +33.7% |
| Total liabilities | $3.0M | $2.9M | $2.9M | $2.7M | $2.6M | -12.6% |
| Net assets | $508K | $1.4M | $1.4M | $1.7M | $2.1M | +304.9% |
| Officer · Employee | Reportable | Other |
|---|---|---|
TIMOTHY M HOOD GOLF SUPERINTENDENT· 40h/wk | $135,284 | $6,792 |
GEOFFREY A PIVA General Manager· 40h/wk | $130,000 | $1,800 |
+ 12 unpaid officers/directors as reported (ALEXANDRA CLARK, ARTHUR FLASHMAN, HANS HAGEN, +9 more)
| Vendor | Service | Paid |
|---|---|---|
RL SULLIVAN CONSTRUCTION MILLIS, MA | CLUBHOUSE RESTORATION | $291,718 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES & FEES | $2,443,985 |
| GOLF FEES | $332,193 |
| LOCKER FEES | $13,260 |
NNeedham Golf Club Inc reported $2.81M of revenue for FY23, at an operating margin of 13.7%. Revenue moved up 12.7% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.