QUAR501(c)(7) · CONFIRMEDNAICS 713910EIN 47-4889313

Quarry Golf Club Inc

Naples, FL · founded 2016
9 filings on recordFY 20152023high confidence
FY23 Total Revenue
$7.64M
▲ 18.5% YoY
FY23 Total Expenses
$9.36M
▲ 9.1% YoY
Operating Margin
-22.5%
revenue minus expenses ÷ revenue
Employees
124
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.6M
▲ 45.6% / 5y
5.26.06.06.47.6
Expenses
$9.4M
▲ 65.2% / 5y
5.76.86.88.69.4
Total Assets
$24.7M
▲ 131.7% / 5y
10.719.719.723.024.7
Total Liabilities
$15.2M
▲ 240.3% / 5y
4.511.011.014.415.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.2M$6.0M$6.0M$6.4M$7.6M+45.6%
Expenses$5.7M$6.8M$6.8M$8.6M$9.4M+65.2%
Net surplus-$422K-$798K-$798K-$2.1M-$1.7M+308.5%
Total assets$10.7M$19.7M$19.7M$23.0M$24.7M+131.7%
Total liabilities$4.5M$11.0M$11.0M$14.4M$15.2M+240.3%
Net assets$6.2M$8.6M$8.6M$8.6M$9.5M+53.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
BOB RADUNZ
General Manager· 40h/wk
$277,639$73,169
ANNIE GARCIA
DIRECTOR OF GOLF INSTRUCTION· 40h/wk
$200,380$38,833
RODNEY WHISMAN
Golf Course Superintendent· 40h/wk
$180,323$56,630
BOB MEHMET
Chief Financial Officer· 40h/wk
$149,827$70,730
RICHARD BROWN
Executive Chef· 40h/wk
$143,233$15,995
JAMES MAGNUSSON
Membership Director· 40h/wk
$123,690$20,361
PAT DOYLE
Director of Golf· 40h/wk
$121,274$18,891

+ 9 unpaid officers/directors as reported (BARBARA AMAN, BOB NAUGLER, DAVID THOMAS, +6 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$4,955,386
GOLF OPERATIONS$1,448,442
ASSOCIATE MEMBERSHIP REVENUE$43,850

QFounded in 2016, Quarry Golf Club Inc reported $7.64M of revenue for FY23, at an operating margin of -22.5%. Revenue moved up 18.5% 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)
+ 6 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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