SPRI501(c)(7) · MEDIUMNAICS 713910EIN 53-0259996

Springfield Golf And Country Club Inc

Springfield, VA · founded 1961
13 filings on recordFY 20122024medium confidence
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FY24 Total Revenue
$10.62M
▲ 5.6% YoY
FY24 Total Expenses
$10.12M
▲ 3.6% YoY
Operating Margin
4.7%
revenue minus expenses ÷ revenue
Employees
233
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$10.6M
▲ 35.2% / 5y
7.910.110.110.110.6
Expenses
$10.1M
▲ 28.2% / 5y
7.97.77.79.810.1
Total Assets
$16.9M
▲ 18.1% / 5y
14.316.916.916.116.9
Total Liabilities
$6.4M
▼ 20.7% / 5y
8.17.27.26.16.4

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$7.9M$10.1M$10.1M$10.1M$10.6M+35.2%
Expenses$7.9M$7.7M$7.7M$9.8M$10.1M+28.2%
Net surplus-$35K$2.4M$2.4M$284K$502K-1518.5%
Total assets$14.3M$16.9M$16.9M$16.1M$16.9M+18.1%
Total liabilities$8.1M$7.2M$7.2M$6.1M$6.4M-20.7%
Net assets$6.2M$9.7M$9.7M$10.0M$10.5M+68.6%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
BRANDON BEETS
DIRECTOR OF RAQUET SPORTS· 40h/wk
$227,819$47,953
JOSH TREMBLAY
Director of Golf· 40h/wk
$150,654$46,275
STEVE LAWSON
General Manager· 40h/wk
$145,962$23,375
REGINALD EDWARDS
DIRECTOR OF FITNESS· 40h/wk
$134,210$18,513
JORDAN WILLIS
ASSISTANT GM· 40h/wk
$128,030$787

+ 10 unpaid officers/directors as reported (BOB SAMPSON, CAITLYN CLARK, CHARLES ROLEN, +7 more)

Top contractors

FY24 · vendors paid $100k+ as reported
VendorServicePaid
World Pool Service
OAKTON, VA
Pool & racquet$232,734

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSESSMENTS$6,435,730
GOLF FEES$959,076
TENNIS FEES$455,772
MISCELLANEOUS INCOME$203,651
LOCKER FEES$44,700

Balance sheet & capital

FY24 · IRS Form 990, Part X
Mortgages & notes payable
$4.9M
$76K paid down
Net land, buildings & equipment
$11.4M
book value, net of depreciation
Facility age
61%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$1.5M$3.0M$4.5M$6.0MFY21 · $6.0MFY21FY22 · $6.0MFY22FY23 · $4.9MFY23FY24 · $4.9MFY24

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY24 · Form 990, Part IX
Insurance$127,656
Occupancy$701,861
Depreciation & depletion$1,294,730
Office expenses$88,942
Accounting fees$30,886
Other professional fees$315,657

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

SFounded in 1961, Springfield Golf And Country Club Inc reported $10.62M of revenue for FY24, at an operating margin of 4.7%. Revenue moved up 5.6% 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 Sun Mar 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Mar 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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