MADI501(c)(7) · MEDIUMNAICS 713910EIN 22-1084815

Madison Golf Club

Madison, NJ · founded 1985
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$1.86M
▼ 5.8% YoY
FY23 Total Expenses
$1.60M
▲ 8.9% YoY
Operating Margin
14.1%
revenue minus expenses ÷ revenue
Employees
27
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$1.9M
▲ 40.9% / 5y
1.31.51.82.01.9
Expenses
$1.6M
▲ 19.4% / 5y
1.31.31.31.51.6
Total Assets
$3.1M
▲ 32.4% / 5y
2.42.52.63.13.1
Total Liabilities
$500K
▼ 54.9% / 5y
1.11.1751702500

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.3M$1.5M$1.8M$2.0M$1.9M+40.9%
Expenses$1.3M$1.3M$1.3M$1.5M$1.6M+19.4%
Net surplus-$18K$151K$453K$507K$262K-1581.8%
Total assets$2.4M$2.5M$2.6M$3.1M$3.1M+32.4%
Total liabilities$1.1M$1.1M$751K$702K$500K-54.9%
Net assets$1.3M$1.4M$1.9M$2.4M$2.6M+109.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 4 unpaid officers/directors as reported (FRANK MONFALCONE, LISA BAIRD, PETER BELTRAME, +1 more)

All 4 listed officers reported $0 compensation — volunteer board.

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$1,545,781
ASSESSMENT$108,395
MISCELLANEOUS$78,116
GUEST FEES$53,180
CART FEES$47,315

MFounded in 1985, Madison Golf Club reported $1.86M of revenue for FY23, at an operating margin of 14.1%. Revenue moved down 5.8% 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 Thu Nov 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Wed Nov 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Tue Nov 30 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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