CFON501(c)(7) · MEDIUMNAICS 713910EIN 36-3766444

Conway Farms Golf Club Inc

Lake Forest, IL · founded 2000
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$9.04M
▲ 20.1% YoY
FY23 Total Expenses
$7.66M
▲ 19.7% YoY
Operating Margin
15.2%
revenue minus expenses ÷ revenue
Employees
170
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$9.0M
▲ 54.1% / 5y
5.98.78.77.59.0
Expenses
$7.7M
▲ 39.1% / 5y
5.55.45.46.47.7
Total Assets
$32.5M
▲ 32.3% / 5y
24.528.228.233.132.5
Total Liabilities
$9.1M
▲ 46.4% / 5y
6.25.45.49.19.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.9M$8.7M$8.7M$7.5M$9.0M+54.1%
Expenses$5.5M$5.4M$5.4M$6.4M$7.7M+39.1%
Net surplus$360K$3.3M$3.3M$1.1M$1.4M+283.4%
Total assets$24.5M$28.2M$28.2M$33.1M$32.5M+32.3%
Total liabilities$6.2M$5.4M$5.4M$9.1M$9.1M+46.4%
Net assets$18.3M$22.8M$22.8M$24.0M$23.4M+27.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
Todd Marsh
COO· 40h/wk
$406,328$31,602
Connor Healy
Golf Course Superintendent· 40h/wk
$338,963$25,625
Jeff Mory
Director of Golf· 40h/wk
$221,285$27,448
Mark Lindstrom
Executive Chef· 40h/wk
$152,649$23,941
Kristina Rizzo-Estrada
Controller· 40h/wk
$139,067$16,212
Andrew Adamsick
Head Golf Professional· 40h/wk
$131,766$11,168
Samuel Loeblien
Sous Chef· 40h/wk
$118,942$4,912

+ 12 unpaid officers/directors as reported (James Maurer, James Nolan, Jim Spitz, +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 itemAmount
MEMBERSHIP DUES & ASSESSM$7,687,933
GOLF RELATED FEES$1,243,181
PRIVATE PARTY & MISC REV$55,608
MISC REVENUE - GOLF$6,317

CFounded in 2000, Conway Farms Golf Club Inc reported $9.04M of revenue for FY23, at an operating margin of 15.2%. Revenue moved up 20.1% 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)
+ 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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