SAKO501(c)(7) · MEDIUMNAICS 713910EIN 05-0213430

Sakonnet Golf Club

L Compton, RI · founded 1945
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$3.80M
▼ 10.8% YoY
FY23 Total Expenses
$3.83M
▲ 7.7% YoY
Operating Margin
-0.7%
revenue minus expenses ÷ revenue
Employees
108
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.8M
▲ 47.2% / 5y
2.62.43.04.33.8
Expenses
$3.8M
▲ 45.4% / 5y
2.62.53.03.63.8
Total Assets
$7.9M
▲ 17.2% / 5y
6.86.76.78.17.9
Total Liabilities
$801K
▲ 242.1% / 5y
234235259949801

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.6M$2.4M$3.0M$4.3M$3.8M+47.2%
Expenses$2.6M$2.5M$3.0M$3.6M$3.8M+45.4%
Net surplus-$51K-$42K-$47K$704K-$28K-44.1%
Total assets$6.8M$6.7M$6.7M$8.1M$7.9M+17.2%
Total liabilities$234K$235K$259K$949K$801K+242.1%
Net assets$6.5M$6.5M$6.4M$7.2M$7.1M+9.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MATTHEW ALWIN
Head Golf Professional· 40h/wk
$153,045
MATTHEW CHOUINARD
LINKS SUPERINTENDENT· 40h/wk
$137,174
DENNIS SONNENBURG
General Manager· 40h/wk
$109,007

+ 13 unpaid officers/directors as reported (ADAM SHERER, ALAN M GARDNER, BENJAMIN MCCLEARY, +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
GENERAL AND ADMINISTRATIVE INCOME$2,686,099
GOLF REVENUE$770,921
INITIATION FEES$395,298
PADDLE TENNIS REVENUE$108,595
LAND ASSESSMENT$8,429

SFounded in 1945, Sakonnet Golf Club reported $3.80M of revenue for FY23, at an operating margin of -0.7%. Revenue moved down 10.8% 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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