| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.8M | $4.7M | $4.7M | $5.3M | $5.9M | +57.4% |
| Expenses | $3.6M | $4.1M | $4.1M | $4.9M | $5.3M | +46.3% |
| Net surplus | $153K | $634K | $634K | $370K | $642K | +319.7% |
| Total assets | $7.9M | $11.9M | $11.9M | $12.6M | $12.9M | +64.2% |
| Total liabilities | $5.8M | $9.0M | $9.0M | $9.3M | $9.1M | +55.3% |
| Net assets | $2.0M | $2.9M | $2.9M | $3.3M | $3.8M | +89.9% |
| Officer · Employee | Reportable | Other |
|---|---|---|
PAUL STEAD Golf Course Superintendent· 40h/wk | $207,520 | $7,551 |
SAUL SCHWARTZ CLUBHOUSE GENERAL MANAGER· 40h/wk | $175,558 | — |
+ 4 unpaid officers/directors as reported (DAVID EGAN, DON BURICH, JEFF HANNA, +1 more)
No contractors reported.
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES & ASSE | $5,053,295 |
| GOLF & CART FEES | $501,373 |
| INITIATION FEES | $240,900 |
| SPECIAL FUND INCOME | $194,375 |
| MEMBER GUEST INCOME | $75,416 |
KFounded in 1945, Kennet Square Golf & Country Club reported $5.94M of revenue for FY23, at an operating margin of 10.8%. Revenue moved up 11.8% 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.