| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $8.9M | $9.1M | $9.1M | $10.1M | $9.6M | +8.0% |
| Expenses | $9.2M | $9.6M | $9.6M | $10.4M | $8.3M | -10.2% |
| Net surplus | -$309K | -$512K | -$512K | -$228K | $1.3M | -533.5% |
| Total assets | $9.4M | $11.4M | $11.4M | $14.9M | $12.3M | +31.3% |
| Total liabilities | $932K | $2.0M | $2.0M | $6.0M | $1.8M | +88.0% |
| Net assets | $8.4M | $9.5M | $9.5M | $8.9M | $10.5M | +25.0% |
| Officer · Employee | Reportable | Other |
|---|---|---|
LAURENT FREGONARA General Manager· 40h/wk | $250,518 | $28,153 |
BRIAN SCHWEIHOFER GREENS SUPER· 40h/wk | $228,600 | $25,197 |
KEITH BJERTNESS Executive Chef· 40h/wk | $227,003 | $21,057 |
JEFFERY FERRY Head Golf Professional· 40h/wk | $175,500 | $23,828 |
FRED KARK Controller· 40h/wk | $168,644 | $26,517 |
PHIL NORVILLE Head Tennis Professional· 40h/wk | $165,080 | — |
+ 12 unpaid officers/directors as reported (DAVID SILLMAN, DR CHARLES SCHWARTZ, DR JEFFREY SHAPIRO, +9 more)
No contractors reported.
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $5,831,674 |
| ASSESSMENTS | $2,792,233 |
| GREEN FEES, BAG STORAGE | $789,538 |
| CART RENTALS | $432,936 |
| INITIATION FEES | $384,567 |
FFounded in 1945, Franklin Hills Country Club reported $9.60M of revenue for FY23, at an operating margin of 13.9%. Revenue moved down 5.2% 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.