Club Index›AZ›DFES

MoreRankings The Ledger Methodpublic IRS Form 990 records

The Annual Register

Country Club Intel

The Annual Register

Country Club Intel

Data from public IRS Form 990 · ProPublica Nonprofit Explorer

DFES501(c)(7) · MEDIUMNAICS 713910EIN 86-0174701

Desert Forest Golf Club

Carefree, AZ · founded 1963

13 filings on recordFY 2011–2023medium confidence

Compare to peers →

FY23 Total Revenue

$6.36M

▲ 11.8% YoY

FY23 Total Expenses

$5.43M

▲ 5.7% YoY

Operating Margin

14.6%

revenue minus expenses ÷ revenue

Employees

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$6.4M

▲ 26.3% / 5y

Expenses

$5.4M

▲ 37.0% / 5y

Total Assets

$7.7M

▲ 64.7% / 5y

Total Liabilities

$1.4M

▼ 4.9% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$5.0M	$5.5M	$5.5M	$5.7M	$6.4M	+26.3%
Expenses	$4.0M	$4.3M	$4.3M	$5.1M	$5.4M	+37.0%
Net surplus	$1.1M	$1.2M	$1.2M	$554K	$931K	-13.2%
Total assets	$4.7M	$5.6M	$5.6M	$7.0M	$7.7M	+64.7%
Total liabilities	$1.4M	$730K	$730K	$1.5M	$1.4M	-4.9%
Net assets	$3.2M	$4.8M	$4.8M	$5.4M	$6.3M	+95.3%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
SCOTT SZYMONIAK General Manager· 60h/wk	$213,925	$14,328
JEFF NEWELL Head Golf Professional· 40h/wk	$111,586	$10,748
ANDRES JAURIGUE Executive Chef· 40h/wk	$107,000	$18,050

+ 9 unpaid officers/directors as reported (DAVID AUGUST, DAVID CARPENTER, DOUG FARQUHARSON, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Troon Golf LLC SCOTTDALE, AZ	Turf & grounds	$111,851

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES AND ASSESSMENTS	$4,032,039
INITIATION FEES	$916,861
GREENS FEES/CART RENTAL	$822,375
LOCKER/STORAGE FEES	$98,782

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$3.9M

book value, net of depreciation

Facility age

69%

accumulated depreciation ÷ cost — higher = older plant

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	$111,851
Insurance	$88,748
Occupancy	$233,706
Depreciation & depletion	$486,975
Information technology	$10,834
Advertising & promotion	$16,350
Office expenses	$59,369
Legal fees	$11,780
Accounting fees	$15,264

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

DESERT FOREST GOLF CLUB 401(K) PLAN

pension · 30 participants · $595K assets · 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.

DFounded in 1963, Desert Forest Golf Club reported $6.36M of revenue for FY23, at an operating margin of 14.6%. Revenue moved up 11.8% 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 Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

+ 10 more · via ProPublica

The Quarterly · free