INGL501(c)(7) · MEDIUMNAICS 713910EIN 91-0513474
Inglewood Golf Club
Kenmore, WA · founded 1922
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$7.50M
▲ 7.9% YoY
FY23 Total Expenses
$7.38M
▲ 11.4% YoY
Operating Margin
1.7%
revenue minus expenses ÷ revenue
Employees
155
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$7.5M
▲ 16.4% / 5y
Expenses
$7.4M
▲ 22.7% / 5y
Total Assets
$15.9M
▲ 28.3% / 5y
Total Liabilities
$1.7M
▲ 70.5% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $6.4M | $7.0M | $7.0M | $7.0M | $7.5M | +16.4% |
| Expenses | $6.0M | $6.0M | $6.0M | $6.6M | $7.4M | +22.7% |
| Net surplus | $437K | $1.0M | $1.0M | $328K | $125K | -71.3% |
| Total assets | $12.4M | $15.2M | $15.2M | $15.7M | $15.9M | +28.3% |
| Total liabilities | $1.0M | $1.2M | $1.2M | $1.3M | $1.7M | +70.5% |
| Net assets | $11.4M | $14.1M | $14.1M | $14.4M | $14.2M | +24.5% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
GREG MATZ SUPT OF GOLF· 40h/wk | $197,669 | $37,688 |
MIKE GOVE HEAD PRO· 40h/wk | $193,663 | $26,869 |
CRAIG MCCRONE GENERAL MANA· 40h/wk | $192,239 | $25,491 |
AMANDA KENT DIR. OF FOOD· 40h/wk | $103,982 | $6,002 |
+ 9 unpaid officers/directors as reported (BLAKE HOEFER, BRYAN LOE, DAVE RIENDEAU, +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 item | Amount |
|---|---|
| MEMBERSHIP DUES & ASSESSMENTS | $5,022,735 |
| GREEN FEES & LESSONS | $270,420 |
| CART PROGRAMS & TRAIL FEE | $179,015 |
| CART RENTAL INCOME | $150,598 |
| RANGE | $54,000 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$11.4M
book value, net of depreciation
Facility age
53%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $74,400 |
| Depreciation & depletion | $816,045 |
| Information technology | $5,500 |
| Office expenses | $79,954 |
| Accounting fees | $16,500 |
IFounded in 1922, Inglewood Golf Club reported $7.50M of revenue for FY23, at an operating margin of 1.7%. Revenue moved up 7.9% 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
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