| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $5.3M | $5.7M | $6.0M | $7.1M | $8.2M | +55.3% |
| Expenses | $6.4M | $6.8M | $7.0M | $7.9M | $8.9M | +39.9% |
| Net surplus | -$1.1M | -$1.0M | -$968K | -$795K | -$684K | -36.2% |
| Total assets | $9.6M | $9.9M | $11.2M | $12.6M | $18.9M | +96.2% |
| Total liabilities | $6.3M | $6.1M | $6.7M | $6.8M | $10.6M | +67.8% |
| Net assets | $3.3M | $3.8M | $4.5M | $5.8M | $8.3M | +150.3% |
| Officer · Employee | Reportable | Other |
|---|---|---|
CINDY J LOWDERMILK General Manager· 40h/wk | $326,797 | $8,897 |
NATHAN WALLACE Golf Course Superintendent· 40h/wk | $250,148 | $1,764 |
DAVID F EBY Director of Golf· 40h/wk | $240,781 | $19,355 |
DENISE CONNELL Membership Director· 40h/wk | $192,414 | $10,529 |
OZMAR VASQUEZ Executive Chef· 40h/wk | $112,806 | $2,406 |
+ 14 unpaid officers/directors as reported (BARRY SYLVETSKY, BILL SWARTZ, ELLEN HARRIS, +11 more)
No contractors reported.
| Line item | Amount |
|---|---|
| MEMBER DUES & ASSMTS | $6,059,599 |
| CART RENTALS | $736,595 |
| GREENS FEES | $301,196 |
| BAG STORAGE FEES | $103,000 |
| LOCKER RENTALS | $98,990 |
BFounded in 1974, Banyan Golf Club Of Palm Beach Inc reported $8.21M of revenue for FY23, at an operating margin of -8.3%. Revenue moved up 16.1% 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.