| Line | FY18 | FY19 | FY20 | FY21 | FY22 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.8M | $3.8M | $3.9M | $4.6M | $5.3M | +40.2% |
| Expenses | $3.8M | $3.8M | $3.7M | $4.2M | $4.4M | +17.0% |
| Net surplus | $3K | -$24K | $176K | $335K | $883K | +28759.6% |
| Total assets | $5.5M | $5.7M | $5.8M | $6.4M | $7.0M | +26.9% |
| Total liabilities | $3.0M | $3.3M | $3.3M | $3.4M | $3.1M | +4.2% |
| Net assets | $2.5M | $2.4M | $2.5M | $3.0M | $3.9M | +54.3% |
| Officer · Employee | Reportable | Other |
|---|---|---|
JIM HANLON Head Golf Professional· 50h/wk | $272,451 | $16,124 |
RICHARD FLANDREAU General Manager· 50h/wk | $149,360 | $11,185 |
VICTOR FACONTI Golf Course Superintendent· 50h/wk | $120,003 | $23,784 |
THOMAS LEONARD Executive Chef· 50h/wk | $108,097 | $12,456 |
+ 12 unpaid officers/directors as reported (ASHLEE VILLECCO, BOB BATESON, CHRIS GARLOCK, +9 more)
| Vendor | Service | Paid |
|---|---|---|
CT CUSTOM AQUATICS NORTH HAVEN, CT | — | $254,386 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $2,168,338 |
| CAPITAL ASSESSMENT | $764,911 |
| ASSESSMENT | $185,462 |
| INITIATION FEES | $87,187 |
FFounded in 1964, Farms Country Club Inc reported $5.32M of revenue for FY22, at an operating margin of 16.6%. Revenue moved up 16.8% 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.