SPRI501(c)(7) · MEDIUMNAICS 713910EIN 21-0568820
Springdale Golf Club
Princeton, NJ · founded 1942
14 filings on recordFY 2010–2023medium confidence
Compare to peers →FY23 Total Revenue
$4.32M
▲ 13.7% YoY
FY23 Total Expenses
$4.37M
▲ 18.3% YoY
Operating Margin
-1.2%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$4.3M
▲ 44.1% / 5y
Expenses
$4.4M
▲ 38.0% / 5y
Total Assets
$9.0M
▲ 21.2% / 5y
Total Liabilities
$8.8M
▲ 13.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.0M | $3.7M | $3.7M | $3.8M | $4.3M | +44.1% |
| Expenses | $3.2M | $3.2M | $3.2M | $3.7M | $4.4M | +38.0% |
| Net surplus | -$171K | $484K | $484K | $105K | -$53K | -68.8% |
| Total assets | $7.4M | $7.8M | $7.8M | $7.6M | $9.0M | +21.2% |
| Total liabilities | $7.7M | $7.6M | $7.6M | $7.4M | $8.8M | +13.8% |
| Net assets | -$304K | $147K | $147K | $252K | $199K | -165.4% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
ANTHONY PAGLIARI PGA GENERAL MANAGER· 40h/wk | $165,702 | — |
DONOVAN MAGUIGAN Golf Course Superintendent· 1h/wk | $127,920 | — |
ANDREW GORDON Head Golf Professional· 1h/wk | $115,000 | — |
+ 12 unpaid officers/directors as reported (BILL SPOHN, CHRIS VAN BUREN, DAN BURKE, +9 more)
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 |
|---|---|
| MEMBERSHIP DUES | $2,234,621 |
| CAPITAL ASSESSMENTS | $904,824 |
| INITIATION FEES | $33,975 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$7.3M
▲ $533K new borrowing
Net land, buildings & equipment
$7.8M
book value, net of depreciation
Facility age
46%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $97,680 |
| Occupancy | $471,089 |
| Depreciation & depletion | $324,058 |
| Advertising & promotion | $26,957 |
| Office expenses | $464,233 |
| Legal fees | $504 |
| Accounting fees | $57,772 |
| Other professional fees | $125 |
SFounded in 1942, Springdale Golf Club reported $4.32M of revenue for FY23, at an operating margin of -1.2%. Revenue moved up 13.7% 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
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