NORF501(c)(7) · MEDIUMNAICS 713910EIN 04-1675810

Norfolk Golf Club

Westwood, MA · founded 1955
14 filings on recordFY 20112024medium confidence
FY24 Total Revenue
$1.94M
▲ 12.5% YoY
FY24 Total Expenses
$1.78M
▲ 10.4% YoY
Operating Margin
8.4%
revenue minus expenses ÷ revenue
Employees
45
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$1.9M
▲ 48.8% / 5y
1.31.31.51.71.9
Expenses
$1.8M
▲ 32.5% / 5y
1.31.31.61.61.8
Total Assets
$4.6M
▲ 3.7% / 5y
4.44.44.34.54.6
Total Liabilities
$2.6M
▼ 0.0% / 5y
2.62.62.62.62.6

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$1.3M$1.3M$1.5M$1.7M$1.9M+48.8%
Expenses$1.3M$1.3M$1.6M$1.6M$1.8M+32.5%
Net surplus-$38K-$38K-$115K$115K$163K-529.9%
Total assets$4.4M$4.4M$4.3M$4.5M$4.6M+3.7%
Total liabilities$2.6M$2.6M$2.6M$2.6M$2.6M-0.0%
Net assets$1.8M$1.8M$1.7M$1.8M$2.0M+9.0%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
LINDA HEALY
Board Treasurer· 10h/wk
$12,395
DAVID O'LEARY
Board President· 10h/wk
$3,180
MATTHEW PATERSON
Board Secretary· 10h/wk
$3,180
ROBERT WRIGHT
VICE PRESIDE· 10h/wk
$3,180

+ 5 unpaid officers/directors as reported (CHARLES BEAN, DENNIS KELLEY, MARK CLAYMAN, +2 more)

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
CART RENTAL/GREENS FEES$171,027
BAG ROOM STORAGE$12,251

NFounded in 1955, Norfolk Golf Club reported $1.94M of revenue for FY24, at an operating margin of 8.4%. Revenue moved up 12.5% 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.

Source documents
Form 990, FY2024 · period ending Mon Sep 30 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 11 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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