BCAY501(c)(7) · MEDIUMNAICS 713910EIN 65-0473088

Bay Colony Golf Club Inc

Naples, FL · founded 2002
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$10.63M
▲ 16.6% YoY
FY23 Total Expenses
$13.09M
▲ 13.0% YoY
Operating Margin
-23.2%
revenue minus expenses ÷ revenue
Employees
137
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$10.6M
▲ 71.2% / 5y
6.28.28.49.110.6
Expenses
$13.1M
▲ 28.1% / 5y
10.29.610.911.613.1
Total Assets
$34.3M
▲ 19.2% / 5y
28.832.633.033.034.3
Total Liabilities
$4.2M
▼ 13.2% / 5y
4.86.35.24.94.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$6.2M$8.2M$8.4M$9.1M$10.6M+71.2%
Expenses$10.2M$9.6M$10.9M$11.6M$13.1M+28.1%
Net surplus-$4.0M-$1.4M-$2.4M-$2.5M-$2.5M-38.6%
Total assets$28.8M$32.6M$33.0M$33.0M$34.3M+19.2%
Total liabilities$4.8M$6.3M$5.2M$4.9M$4.2M-13.2%
Net assets$23.9M$26.2M$27.8M$28.1M$30.1M+25.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MICHAEL BRADFIELD
General Manager· 40h/wk
$307,690$28,164
ANDREW ZULLO
Head Golf Professional· 40h/wk
$239,881$31,346
SAMANTHA SHEFFIELD
Chief Financial Officer· 40h/wk
$228,311$9,126
JOSHUA LEVITRE
Golf Course Superintendent· 40h/wk
$219,298$25,318
TYLER FIELD
Executive Chef· 40h/wk
$213,626$36,214
TAMMY MERCER
Membership Director· 40h/wk
$172,111$14,919
MLADEN STOEV
SOMMELIER· 40h/wk
$170,356$17,832

+ 9 unpaid officers/directors as reported (CINDY TUCCI, DAVID MCAVOY, DREW MEYER, +6 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
DUES REVENUE$7,186,116
GREENS,CART & TRAIL FEES$931,558

BFounded in 2002, Bay Colony Golf Club Inc reported $10.63M of revenue for FY23, at an operating margin of -23.2%. Revenue moved up 16.6% 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 Mon Jul 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sun Jul 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sat Jul 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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