MNOO501(c)(7) · MEDIUMNAICS 713910EIN 59-1221044

The Moorings Country Club Of Naples Inc

Naples, FL · founded 1979
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$3.97M
▼ 6.9% YoY
FY23 Total Expenses
$3.22M
▼ 17.1% YoY
Operating Margin
18.8%
revenue minus expenses ÷ revenue
Employees
65
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$4.0M
▲ 30.9% / 5y
3.02.73.34.34.0
Expenses
$3.2M
▼ 5.4% / 5y
3.43.23.33.93.2
Total Assets
$9.9M
▲ 185.5% / 5y
3.53.44.07.49.9
Total Liabilities
$1.4M
▲ 250.7% / 5y
3954767911.81.4

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.0M$2.7M$3.3M$4.3M$4.0M+30.9%
Expenses$3.4M$3.2M$3.3M$3.9M$3.2M-5.4%
Net surplus-$373K-$512K-$21K$376K$746K-300.1%
Total assets$3.5M$3.4M$4.0M$7.4M$9.9M+185.5%
Total liabilities$395K$476K$791K$1.8M$1.4M+250.7%
Net assets$3.1M$3.0M$3.2M$5.6M$8.5M+177.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MATTHEW TORNOW
GENERAL MANAGER/COO· 40h/wk
$143,703
MARY MAURAIS
Controller· 40h/wk
$114,111

+ 9 unpaid officers/directors as reported (CHERYL TURNER, DORIAN JORDAN, JAMES KLINE, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
CLUB DESIGN GROUP
MURDOCK, FL
DESIGNER & FURNISHINGS$588,412
EDWARD DON & COMPANY
NORCROSS, GA
KITCHEN EQUIPMENT & DESIGN$146,678

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$2,955,883
CART, GREENS AND OTHER GOLF$548,951
FOOD AND BEVERAGE GRATUITY/SERVIC$177,272
ANNUAL GOLF FEES$5,000

TFounded in 1979, The Moorings Country Club Of Naples Inc reported $3.97M of revenue for FY23, at an operating margin of 18.8%. Revenue moved down 6.9% 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 Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 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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