SBAR501(c)(7) · MEDIUMNAICS 713910EIN 59-1085637

Sara Bay Country Club Inc

Sarasota, FL · founded 1964
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$5.13M
▼ 3.4% YoY
FY23 Total Expenses
$4.23M
▲ 4.7% YoY
Operating Margin
17.6%
revenue minus expenses ÷ revenue
Employees
75
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$5.1M
▲ 47.6% / 5y
3.54.64.65.35.1
Expenses
$4.2M
▲ 17.6% / 5y
3.63.83.84.04.2
Total Assets
$9.1M
▲ 65.3% / 5y
5.57.17.18.89.1
Total Liabilities
$4.2M
▲ 3.1% / 5y
4.14.64.64.84.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.5M$4.6M$4.6M$5.3M$5.1M+47.6%
Expenses$3.6M$3.8M$3.8M$4.0M$4.2M+17.6%
Net surplus-$122K$808K$808K$1.3M$901K-841.2%
Total assets$5.5M$7.1M$7.1M$8.8M$9.1M+65.3%
Total liabilities$4.1M$4.6M$4.6M$4.8M$4.2M+3.1%
Net assets$1.4M$2.5M$2.5M$4.0M$4.9M+247.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JOHN SPIESS
General Manager· 40h/wk
$163,700$13,631
CARLYLE MERRING
EMPLOYEE· 40h/wk
$139,185$18,216

+ 10 unpaid officers/directors as reported (BARBARA ARCHBOLD, ERIC LEININGER, GARY COLE, +7 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
ABBOTTS CONSTRUCTION SERVICES INC
NOKOMIS, FL
CONSTRUCTION$191,311
TOTAL GOLF CONSTRUCTION INC
VERO BEACH, FL
CONSTRUCTION$118,490

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$3,784,904
GOLF REVENUE$818,739

SFounded in 1964, Sara Bay Country Club Inc reported $5.13M of revenue for FY23, at an operating margin of 17.6%. Revenue moved down 3.4% 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)
+ 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
live feed
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4,200+
GMs · controllers · board members
4×
a year · never more
Subscribe
Quarterly only · no spam · unsubscribe in one click

“I read it before our finance committee meets.”
— GM, top-50 club

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel
The Quarterly · free
The filings, the comp, the movers — four times a year.
Quarterly only · no spam · unsubscribe in one click