TLHO501(c)(7) · MEDIUMNAICS 713910EIN 04-1902787

Thorny Lea Golf Club Inc

Brockton, MA · founded 1952
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$4.00M
▲ 6.3% YoY
FY23 Total Expenses
$3.64M
▲ 10.6% YoY
Operating Margin
8.9%
revenue minus expenses ÷ revenue
Employees
102
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$4.0M
▲ 23.8% / 5y
3.23.93.93.84.0
Expenses
$3.6M
▲ 26.9% / 5y
2.93.23.23.33.6
Total Assets
$8.7M
▲ 50.6% / 5y
5.87.57.58.48.7
Total Liabilities
$5.7M
▲ 31.5% / 5y
4.35.35.35.75.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.2M$3.9M$3.9M$3.8M$4.0M+23.8%
Expenses$2.9M$3.2M$3.2M$3.3M$3.6M+26.9%
Net surplus$362K$711K$711K$469K$358K-1.2%
Total assets$5.8M$7.5M$7.5M$8.4M$8.7M+50.6%
Total liabilities$4.3M$5.3M$5.3M$5.7M$5.7M+31.5%
Net assets$1.5M$2.2M$2.2M$2.7M$3.0M+106.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
BROOKS PICKERING
Golf Course Superintendent· 40h/wk
$149,534$702
RICHARD H CAMPBELL
General Manager· 40h/wk
$149,356$203

+ 13 unpaid officers/directors as reported (BARBARA JANELLI, GEORGE LANE, GREG GOODWIN, +10 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$3,092,934
GOLF ACTIVITY INCOME$626,889
OTHER PROGRAM REVENUE$70,928
BAG STORAGE INCOME$38,875
LOCKER RENTAL$23,045

TFounded in 1952, Thorny Lea Golf Club Inc reported $4.00M of revenue for FY23, at an operating margin of 8.9%. Revenue moved up 6.3% 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, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 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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