AVON501(c)(7) · MEDIUMNAICS 713910EIN 33-0344110
Avondale Golf Club
Palm Desert, CA · founded 1992
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$3.86M
▲ 7.0% YoY
FY23 Total Expenses
$4.20M
▼ 0.3% YoY
Operating Margin
-8.7%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$3.9M
▲ 38.0% / 5y
Expenses
$4.2M
▲ 40.6% / 5y
Total Assets
$5.5M
▲ 0.7% / 5y
Total Liabilities
$3.6M
▲ 34.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $2.8M | $2.8M | $2.8M | $3.6M | $3.9M | +38.0% |
| Expenses | $3.0M | $3.0M | $2.8M | $4.2M | $4.2M | +40.6% |
| Net surplus | -$187K | -$187K | -$37K | -$599K | -$335K | +78.5% |
| Total assets | $5.5M | $5.5M | $5.4M | $5.5M | $5.5M | +0.7% |
| Total liabilities | $2.7M | $2.7M | $2.7M | $3.3M | $3.6M | +34.2% |
| Net assets | $2.8M | $2.8M | $2.7M | $2.2M | $1.9M | -32.4% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 7 unpaid officers/directors as reported (B CORCORAN, J WOODSON, K BLACK, +4 more)
All 7 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 item | Amount |
|---|---|
| MEMBERS' DUES | $2,852,714 |
| GOLF RELATED REVENUE | $394,148 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$1.2M
▼ $105K paid down
Net land, buildings & equipment
$4.1M
book value, net of depreciation
Facility age
60%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $105,763 |
| Occupancy | $138,116 |
| Depreciation & depletion | $196,272 |
| Office expenses | $13,681 |
| Other professional fees | $196,482 |
AFounded in 1992, Avondale Golf Club reported $3.86M of revenue for FY23, at an operating margin of -8.7%. Revenue moved up 7.0% 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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