MENL501(c)(7) · MEDIUMNAICS 713910EIN 94-0674870

Menlo Country Club

Woodside, CA · founded 1936
13 filings on recordFY 20122024medium confidence
FY24 Total Revenue
$13.32M
▼ 7.0% YoY
FY24 Total Expenses
$12.79M
▲ 5.4% YoY
Operating Margin
4.0%
revenue minus expenses ÷ revenue
Employees
148
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$13.3M
▼ 14.5% / 5y
15.612.612.614.313.3
Expenses
$12.8M
▲ 62.4% / 5y
7.98.38.312.112.8
Total Assets
$58.3M
▲ 62.1% / 5y
36.063.263.260.458.3
Total Liabilities
$11.2M
▲ 220.7% / 5y
3.519.019.013.911.2

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$15.6M$12.6M$12.6M$14.3M$13.3M-14.5%
Expenses$7.9M$8.3M$8.3M$12.1M$12.8M+62.4%
Net surplus$7.7M$4.3M$4.3M$2.2M$534K-93.1%
Total assets$36.0M$63.2M$63.2M$60.4M$58.3M+62.1%
Total liabilities$3.5M$19.0M$19.0M$13.9M$11.2M+220.7%
Net assets$32.5M$44.3M$44.3M$46.5M$47.1M+45.0%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
STEVEN GONZALEZ
General Manager· 40h/wk
$336,324$62,725
CHRISTOPER ECKSTROM
Golf Course Superintendent· 40h/wk
$257,060$34,013
ROBERT POOLE
PGA GOLF PRO· 40h/wk
$253,782$28,064
JAMES SHAFER
CLUBHOUSE MANAGER· 40h/wk
$158,804$9,520
JON HORNER
Head Golf Professional· 40h/wk
$158,334$20,114
ERNEST MARTINEZ
MAINTENANCE DIRECTOR· 40h/wk
$154,355$27,385

+ 7 unpaid officers/directors as reported (CHRIS BUDDIN, JESSE ROGERS, KEVIN MILLER, +4 more)

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$8,728,051
INITIATION FEES$3,338,000
CAPITAL ASSESSMENT$661,950
DRIVING RANGE & CARTS$501,180
GREEN FEES$266,520

MFounded in 1936, Menlo Country Club reported $13.32M of revenue for FY24, at an operating margin of 4.0%. Revenue moved down 7.0% 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, FY2024 · period ending Wed Jan 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Tue Jan 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Jan 31 2022 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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