| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $6.4M | $6.2M | $6.1M | $6.7M | $8.2M | +27.7% |
| Expenses | $5.7M | $5.5M | $6.1M | $5.8M | $6.4M | +13.8% |
| Net surplus | $777K | $758K | -$83K | $874K | $1.8M | +129.3% |
| Total assets | $17.5M | $18.7M | $18.5M | $19.6M | $21.7M | +23.9% |
| Total liabilities | $3.1M | $3.6M | $3.4M | $3.7M | $4.0M | +29.2% |
| Net assets | $14.5M | $15.2M | $15.1M | $15.9M | $17.8M | +22.8% |
| Officer · Employee | Reportable | Other |
|---|---|---|
NICHOLAS SABATINO Golf Course Superintendent· 40h/wk | $225,169 | $17,637 |
JONATHAN BUDDENHAGEN Head Golf Professional· 40h/wk | $179,610 | $13,761 |
DAVID WHITE Chief Financial Officer· 40h/wk | $164,961 | $15,229 |
BRUCE COLYER HEAD CHEF/CLUBHOUSE MANAGE· 40h/wk | $123,469 | $29,598 |
+ 14 unpaid officers/directors as reported (CHRIS CAMPBELL, COLLEEN ARNOLD, FRED SCHULTE, +11 more)
| Vendor | Service | Paid |
|---|---|---|
JON BUDD GOLF LLC NAPLES, FL | GOLF SERVICES | $437,031 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $4,231,399 |
| GREENS & CART FEES | $816,703 |
HFounded in 1960, Hole In The Wall Golf Club Inc Frank Road reported $8.23M of revenue for FY23, at an operating margin of 21.6%. Revenue moved up 22.8% 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.