BROC501(c)(7) · CONFIRMEDNAICS 713910EIN 59-1101673

Boca Rio Golf Club Inc

Boca Raton, FL · founded 1967
13 filings on recordFY 20112023high confidence
FY23 Total Revenue
$10.24M
▲ 14.7% YoY
FY23 Total Expenses
$11.16M
▲ 12.4% YoY
Operating Margin
-9.0%
revenue minus expenses ÷ revenue
Employees
144
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$10.2M
▲ 43.6% / 5y
7.17.78.98.910.2
Expenses
$11.2M
▲ 31.1% / 5y
8.58.59.99.911.2
Total Assets
$27.8M
▲ 53.8% / 5y
18.118.525.425.427.8
Total Liabilities
$12.2M
▲ 20.6% / 5y
10.110.314.314.312.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$7.1M$7.7M$8.9M$8.9M$10.2M+43.6%
Expenses$8.5M$8.5M$9.9M$9.9M$11.2M+31.1%
Net surplus-$1.4M-$701K-$1.0M-$1.0M-$923K-33.4%
Total assets$18.1M$18.5M$25.4M$25.4M$27.8M+53.8%
Total liabilities$10.1M$10.3M$14.3M$14.3M$12.2M+20.6%
Net assets$7.9M$8.2M$11.0M$11.0M$15.6M+96.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
LUCIANO FARIAS
GENERAL MANA· 40h/wk
$436,500
TIM LAMPTON
GOLF COURSE· 40h/wk
$261,666
SCOTT KEANE
EXECUTIVE CH· 40h/wk
$239,740
SUSAN SODE
Controller· 40h/wk
$191,000

+ 12 unpaid officers/directors as reported (DAVID ABRAMSON, DAVID FRIEDMAN, DENNIS GILBERT, +9 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$6,873,924
SERVICE CHARGES$720,616
GREENS FEES$368,610
TOURNAMENT FEES$339,100
GOLF CART RENTAL$294,288

BFounded in 1967, Boca Rio Golf Club Inc reported $10.24M of revenue for FY23, at an operating margin of -9.0%. Revenue moved up 14.7% 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 Thu Aug 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Wed Aug 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Tue Aug 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
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