WEEK501(c)(7) · MEDIUMNAICS 713910EIN 06-1481092

Weekapaug Golf Club

Westerly, RI · founded 2019
5 filings on recordFY 20192023medium confidence
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FY23 Total Revenue
$2.72M
▲ 12.1% YoY
FY23 Total Expenses
$2.52M
▲ 11.1% YoY
Operating Margin
7.4%
revenue minus expenses ÷ revenue
Employees
83
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$2.7M
▼ 14.0% / 5y
3.22.62.62.42.7
Expenses
$2.5M
▲ 27.9% / 5y
2.02.22.22.32.5
Total Assets
$7.7M
▲ 21.4% / 5y
6.47.27.27.07.7
Total Liabilities
$2.9M
▲ 8.5% / 5y
2.62.72.72.32.9

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.2M$2.6M$2.6M$2.4M$2.7M-14.0%
Expenses$2.0M$2.2M$2.2M$2.3M$2.5M+27.9%
Net surplus$1.2M$378K$378K$160K$202K-83.1%
Total assets$6.4M$7.2M$7.2M$7.0M$7.7M+21.4%
Total liabilities$2.6M$2.7M$2.7M$2.3M$2.9M+8.5%
Net assets$3.8M$4.5M$4.5M$4.7M$4.9M+30.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JACK TOSONE
General Manager· 40h/wk
$205,854$21,624

+ 14 unpaid officers/directors as reported (BEN RILEY, BILL HEEP, CHRISSY BARNARD, +11 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
DUES$2,628,600
GREENS FEES$108,580
CART RENTAL FEES$52,923
TOURNAMENT REVENUE$41,422
FACILITY RENTAL$19,748

WFounded in 2019, Weekapaug Golf Club reported $2.72M of revenue for FY23, at an operating margin of 7.4%. Revenue moved up 12.1% 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)
+ 2 more · via ProPublica
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