| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $5.3M | $6.1M | $6.9M | $8.6M | $9.4M | +78.2% |
| Expenses | $5.9M | $6.6M | $6.9M | $7.7M | $9.0M | +53.9% |
| Net surplus | -$591K | -$451K | $37K | $923K | $367K | -162.0% |
| Total assets | $13.6M | $12.3M | $11.9M | $12.6M | $13.8M | +1.4% |
| Total liabilities | $4.4M | $3.9M | $3.4M | $3.0M | $3.7M | -15.6% |
| Net assets | $9.2M | $8.4M | $8.5M | $9.6M | $10.0M | +9.6% |
| Officer · Employee | Reportable | Other |
|---|
+ 13 unpaid officers/directors as reported (ANTHONY PAINO, CHRIS FALCO, CHRIS MCMULLEN, +10 more)
All 13 listed officers reported $0 compensation — volunteer board.
| Vendor | Service | Paid |
|---|---|---|
TROON GOLF SCOTTSDALE, AZ | MANAGEMENT SERVICES | $219,613 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $6,104,335 |
| INITIATION FEES AND CAPITAL ASSES | $1,469,501 |
| CART RENTALS/GREEN FEES | $541,480 |
| OTHER INCOME | $19,741 |
| GOLF LESSONS | $15,112 |
RFounded in 1995, Rio Verde Country Club Inc reported $9.37M of revenue for FY23, at an operating margin of 3.9%. Revenue moved up 9.1% 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.