PVRE501(c)(7) · MEDIUMNAICS 713910EIN 38-3264477

Prestwick Village Golf Club

Highland, MI · founded 1998
13 filings on recordFY 20122024medium confidence
FY24 Total Revenue
$3.43M
▲ 9.1% YoY
FY24 Total Expenses
$3.60M
▲ 12.8% YoY
Operating Margin
-5.0%
revenue minus expenses ÷ revenue
Employees
135
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$3.4M
▲ 4.5% / 5y
3.33.73.73.13.4
Expenses
$3.6M
▲ 12.7% / 5y
3.23.03.03.23.6
Total Assets
$14.4M
▲ 18.9% / 5y
12.113.513.515.014.4
Total Liabilities
$2.9M
▲ 105.5% / 5y
1.41.81.83.42.9

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$3.3M$3.7M$3.7M$3.1M$3.4M+4.5%
Expenses$3.2M$3.0M$3.0M$3.2M$3.6M+12.7%
Net surplus$84K$780K$780K-$49K-$172K-304.0%
Total assets$12.1M$13.5M$13.5M$15.0M$14.4M+18.9%
Total liabilities$1.4M$1.8M$1.8M$3.4M$2.9M+105.5%
Net assets$10.7M$11.7M$11.7M$11.6M$11.5M+7.4%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
SHANE PRINGLE
General Manager· 40h/wk
$154,608$14,845
ERIC DAVEY
Golf Course Superintendent· 40h/wk
$151,447$5,194

+ 7 unpaid officers/directors as reported (DAN CLARK, DOUG SOPHIEA, JOE CONAWAY, +4 more)

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSESSMENTS$2,771,965
GOLF FEES$642,136
INITIATION & TRANSFER FEES$81,250
LOCKER, SWIM, AND OTHER INCOME$79,519
SERVICE CHARGES$13,552

PFounded in 1998, Prestwick Village Golf Club reported $3.43M of revenue for FY24, at an operating margin of -5.0%. Revenue moved up 9.1% 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, FY2024 · period ending Thu Feb 29 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Tue Feb 28 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Feb 28 2022 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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