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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

BBUL501(c)(7) · MEDIUMNAICS 713910EIN 06-1591253

Bulls Bridge Golf Club Inc

South Kent, CT · founded 2007

14 filings on recordFY 2010–2023medium confidence

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FY23 Total Revenue

$11.67M

▲ 91.7% YoY

FY23 Total Expenses

$5.76M

▲ 3.0% YoY

Operating Margin

50.7%

revenue minus expenses ÷ revenue

Employees

103

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$11.7M

▲ 162.6% / 5y

Expenses

$5.8M

▲ 33.1% / 5y

Total Assets

$19.0M

▲ 115.9% / 5y

Total Liabilities

$8.0M

▲ 21.8% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$4.4M	$5.9M	$5.9M	$6.1M	$11.7M	+162.6%
Expenses	$4.3M	$4.9M	$4.9M	$5.6M	$5.8M	+33.1%
Net surplus	$121K	$1.1M	$1.1M	$501K	$5.9M	+4792.1%
Total assets	$8.8M	$10.4M	$10.4M	$10.7M	$19.0M	+115.9%
Total liabilities	$6.6M	$5.9M	$5.9M	$5.7M	$8.0M	+21.8%
Net assets	$2.2M	$4.5M	$4.5M	$5.0M	$10.9M	+397.1%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
TIMOTHY WYLD Head Golf Professional· 40h/wk	$359,079	$5,930
STEPHEN HICKS Golf Course Superintendent· 40h/wk	$298,300	$30,477
BRIAN FREESWICK General Manager· 40h/wk	$184,692	$149
LINDA MALARKEY Controller· 40h/wk	$163,500	$15,301
JASON MCPHAIL ASSISTANT SUPERINTENDANT· 40h/wk	$111,552	$22,378
DAVID BRETON Executive Chef· 40h/wk	$101,375	—

+ 16 unpaid officers/directors as reported (BRUCE HAIMS, CHRIS CAREY, DEBRA WALTON, +13 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Furno Architects LLC OLD GREENWICH, CT	Course architecture	$312,000

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
ASSESSMENTS	$5,423,147
MEMBERSHIP INCOME	$4,215,785
MEMBER DEBT SERVICE	$520,198
INITIATION FEES	$420,000

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$6.0M

▲ $960K new borrowing

Net land, buildings & equipment

$13.6M

book value, net of depreciation

Facility age

32%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Insurance	$82,529
Occupancy	$252,692
Depreciation & depletion	$423,537
Information technology	$40,837
Advertising & promotion	$23,048
Office expenses	$167,371
Legal fees	$188
Accounting fees	$28,447
Other professional fees	$206,727

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

BFounded in 2007, Bulls Bridge Golf Club Inc reported $11.67M of revenue for FY23, at an operating margin of 50.7%. Revenue moved up 91.7% 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)

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