WINT501(c)(7) · MEDIUMNAICS 713910EIN 04-1980880
Winthrop Golf Club
Winthrop, MA · founded 2002
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$1.63M
▲ 22.3% YoY
FY23 Total Expenses
$1.60M
▲ 23.4% YoY
Operating Margin
2.1%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$1.6M
▲ 203.4% / 5y
Expenses
$1.6M
▲ 162.4% / 5y
Total Assets
$608K
▲ 4097.8% / 5y
Total Liabilities
$722K
▲ 4022.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $538K | $1.1M | $1.1M | $1.3M | $1.6M | +203.4% |
| Expenses | $609K | $1.1M | $1.1M | $1.3M | $1.6M | +162.4% |
| Net surplus | -$71K | $1K | $1K | $39K | $34K | -147.4% |
| Total assets | $14K | $241K | $241K | $444K | $608K | +4097.8% |
| Total liabilities | $18K | $390K | $390K | $555K | $722K | +4022.8% |
| Net assets | -$3K | -$149K | -$149K | -$112K | -$114K | +3664.8% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 11 unpaid officers/directors as reported (ANDREW BRUGMAN, CASEY GOLL, CHRIS PREVITE, +8 more)
All 11 listed officers reported $0 compensation — volunteer board.
Top contractors
FY23 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBER FEES | $793,771 |
| GRILLE ROOM INCOME | $472,382 |
| CART & GREENS FEES | $215,144 |
| ASSESSMENT | $149,510 |
| OTHER INCOME | $1,000 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$448K
book value, net of depreciation
Facility age
49%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $32,927 |
| Depreciation & depletion | $124,624 |
WFounded in 2002, Winthrop Golf Club reported $1.63M of revenue for FY23, at an operating margin of 2.1%. Revenue moved up 22.3% 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
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