| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $7.7M | $7.1M | $8.4M | $9.6M | $12.0M | +55.9% |
| Expenses | $7.0M | $7.1M | $8.2M | $9.0M | $10.8M | +54.1% |
| Net surplus | $740K | -$42K | $230K | $635K | $1.3M | +72.2% |
| Total assets | $15.0M | $15.0M | $15.8M | $16.2M | $18.4M | +22.9% |
| Total liabilities | $4.8M | $4.7M | $5.6M | $5.7M | $6.5M | +35.6% |
| Net assets | $10.2M | $10.3M | $10.2M | $10.6M | $11.9M | +17.0% |
| Officer · Employee | Reportable | Other |
|---|---|---|
GLENN LEE GM/COO· 40h/wk | $340,708 | — |
STEVE BERNARD DIRECTOR OF MAINTENANCE· 40h/wk | $291,571 | — |
JARED ISAACS GOLF INSTRUCTOR· 40h/wk | $208,770 | — |
BRIAN HARRIS Food & Beverage Director· 40h/wk | $166,319 | — |
SHAWN GIFFORD Director of Golf· 40h/wk | $161,599 | — |
CYNTHIA R WHITNEY CFO/HR DIRECTOR· 40h/wk | $149,839 | — |
+ 4 unpaid officers/directors as reported (CHRIS GEORGOULIS, PATRICK MARINO, SANDY PETROCELLI JR, +1 more)
No contractors reported.
| Line item | Amount |
|---|---|
| DUES AND INITIATION FEES | $8,714,895 |
| GREENS FEES | $1,004,235 |
| OTHER GOLF ACTIVITIES | $828,637 |
| CART RENTAL | $525,875 |
AFounded in 1983, Adios Golf Club Inc reported $12.04M of revenue for FY23, at an operating margin of 10.6%. Revenue moved up 24.8% 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.