BHRO501(c)(7) · MEDIUMNAICS 713910EIN 75-0156800

Brook Hollow Golf Club

Dallas, TX · founded 1934
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$22.24M
▼ 0.8% YoY
FY23 Total Expenses
$23.62M
▲ 5.3% YoY
Operating Margin
-6.2%
revenue minus expenses ÷ revenue
Employees
384
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$22.2M
▲ 117.4% / 5y
10.218.418.422.422.2
Expenses
$23.6M
▲ 70.8% / 5y
13.820.020.022.423.6
Total Assets
$59.7M
▲ 0.8% / 5y
59.362.862.861.859.7
Total Liabilities
$12.0M
▲ 71.9% / 5y
7.013.613.612.612.0

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$10.2M$18.4M$18.4M$22.4M$22.2M+117.4%
Expenses$13.8M$20.0M$20.0M$22.4M$23.6M+70.8%
Net surplus-$3.6M-$1.7M-$1.7M-$14K-$1.4M-61.7%
Total assets$59.3M$62.8M$62.8M$61.8M$59.7M+0.8%
Total liabilities$7.0M$13.6M$13.6M$12.6M$12.0M+71.9%
Net assets$52.3M$49.2M$49.2M$49.1M$47.8M-8.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
CHRIS BONVIE
GENERAL MANAGER/SECRETARY· 40h/wk
$429,339$24,656
MATTHEW WILSON
Director of Grounds· 40h/wk
$283,811$15,400
TIMOTHY KING
Director of Golf· 40h/wk
$274,678$19,980
DAVID SOKOL
Executive Chef· 40h/wk
$249,369$17,444
GUSTAVO GONCALVES
Director of Racquets· 40h/wk
$224,259$5,881
NELLY CIOLKOWSKI
ASST TENNIS PROFEESSIONAL· 40h/wk
$206,216$15,932
MEGAN CZAJKOWSKI
Controller· 40h/wk
$197,846$12,719

+ 20 unpaid officers/directors as reported (ARTHUR STARRS III, AUSTIN HILL, BOBBY BUELL, +17 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
Caddie Services LLC
PONTE VEDRA, FL
CONTRACT CADDIE PROGRAM$627,617
Allied Universal Security Service
CONSHOHOCKEN, PA
Security & staffing$412,329
Tavacon LLC
MCKINNEY, TX
Construction & renovation$407,230
Tex-Ark Turf LLC
FRISCO, TX
Turf & grounds$391,731
Qwick LLC
PASADENA, CA
Food & beverage$261,356

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$13,189,842
GOLF FEES, SHOP, CARTS$4,007,314
TENNIS, LOCKER ROOM, S$3,422,663
CAPITAL ASSESSMENTS$168,422

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$2.3M
$3.0M paid down
Net land, buildings & equipment
$51.9M
book value, net of depreciation
Facility age
41%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$1.8M$3.6M$5.5M$7.3MFY20 · $7.3MFY20FY21 · $7.3MFY21FY22 · $5.3MFY22FY23 · $2.3MFY23

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

Professionally managedFY23 · Form 990, Part IX
Management fees$98,095
Insurance$398,348
Occupancy$2,289,128
Depreciation & depletion$3,940,862
Information technology$275,011
Office expenses$205,189
Legal fees$82,915
Other professional fees$2,692,987

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors
BROOK HOLLOW GOLF CLUB 401(K) PROFIT SHARING PLAN AND TRUST
pension · 215 participants · FY2024
BROOK HOLLOW EMPLOYEE BENEFITS
welfare · 173 participants · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

BFounded in 1934, Brook Hollow Golf Club reported $22.24M of revenue for FY23, at an operating margin of -6.2%. Revenue moved down 0.8% 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.

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
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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