Civic Intelligence

Hatherly Country Club

EIN 04-1426460 • 501(c)2 • N Scituate, MA

Profile

The organization owns a golf course and related facilities which are leased to a tax-exempt golf club. The organization encourages athletic exercise and provides suitable facilities for various athletic activities.

PO Box 449 Hatherly RoadN Scituate, MA 02060

www.hatherlycc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.76x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)2 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

16.75x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)2 • $5M-$10M nonprofits • Source year 2024

Net Margin

15th percentile

-72%

Higher net margin than 15% of similar nonprofits.

501(c)2 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)2 • $5M-$10M nonprofits • Source year 2024

Asset Growth

31st percentile

-3.2%

Faster asset growth than 31% of similar nonprofits.

501(c)2 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

3.8%

Faster revenue growth than 57% of similar nonprofits.

501(c)2 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,260,396

Down $171,512 (-3.2%) from 2023

Liabilities

Flat

$4,000,000

Flat from 2023

Net Assets

Down

$1,260,396

Down $171,512 (-12%) from 2023

Revenue

Up

$238,860

Up $8,699 (+3.8%) from 2023

Expenses

Up

$410,372

Up $126,796 (+45%) from 2023

Net Income

Down

-$171,512

Down $118,097 (-221%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $2,695,041Liabilities 2010: $1,745,719Net Assets 2010: $949,3222010Assets 2011: $2,600,113Liabilities 2011: $1,643,948Net Assets 2011: $956,1652011Assets 2012: $2,509,380Liabilities 2012: $1,510,276Net Assets 2012: $999,1042012Assets 2013: $2,421,961Liabilities 2013: $1,382,302Net Assets 2013: $1,039,6592013Assets 2014: $2,339,152Liabilities 2014: $1,243,662Net Assets 2014: $1,095,4902014Assets 2015: $2,776,306Liabilities 2015: $1,733,576Net Assets 2015: $1,042,7302015Assets 2016: $2,754,028Liabilities 2016: $1,668,348Net Assets 2016: $1,085,6802016Assets 2017: $2,783,224Liabilities 2017: $1,502,842Net Assets 2017: $1,280,3822017Assets 2018: $2,945,751Liabilities 2018: $1,514,467Net Assets 2018: $1,431,2842018Assets 2019: $3,593,139Liabilities 2019: $2,179,811Net Assets 2019: $1,413,3282019Assets 2020: $3,416,262Liabilities 2020: $2,047,368Net Assets 2020: $1,368,8942020Assets 2021: $3,239,802Liabilities 2021: $1,844,691Net Assets 2021: $1,395,1112021Assets 2022: $3,098,335Liabilities 2022: $1,603,977Net Assets 2022: $1,494,3582022Assets 2023: $5,431,908Liabilities 2023: $4,000,000Net Assets 2023: $1,431,9082023Assets 2024: $5,260,396Liabilities 2024: $4,000,000Net Assets 2024: $1,260,3962024

Highlighted filing

2024

Assets$5,260,396
Liabilities$4,000,000
Net Assets$1,260,396

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $02010Revenue 2011: -$817Expenses 2011: $0Net Income 2011: -$8172011Revenue 2012: $198,171Expenses 2012: $162,796Net Income 2012: $35,3752012Revenue 2013: $198,170Expenses 2013: $160,278Net Income 2013: $37,8922013Revenue 2014: $198,171Expenses 2014: $149,254Net Income 2014: $48,9172014Revenue 2015: $194,454Expenses 2015: $148,488Net Income 2015: $45,9662015Revenue 2016: $198,290Expenses 2016: $139,461Net Income 2016: $58,8292016Revenue 2017: $248,294Expenses 2017: $135,942Net Income 2017: $112,3522017Revenue 2018: $212,094Expenses 2018: $127,892Net Income 2018: $84,2022018Revenue 2019: $210,132Expenses 2019: $142,041Net Income 2019: $68,0912019Revenue 2020: $210,139Expenses 2020: $207,406Net Income 2020: $2,7332020Revenue 2021: $210,109Expenses 2021: $194,491Net Income 2021: $15,6182021Revenue 2022: $230,155Expenses 2022: $195,356Net Income 2022: $34,7992022Revenue 2023: $230,161Expenses 2023: $283,576Net Income 2023: -$53,4152023Revenue 2024: $238,860Expenses 2024: $410,372Net Income 2024: -$171,5122024

Highlighted filing

2024

Revenue$238,860
Expenses$410,372
Net Income-$171,512

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.26$4.00$1.26$0.24$0.41$0.17
2023Detailed filing. Detailed filing data is available for this year.$5.43$4.00$1.43$0.23$0.28$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$1.60$1.49$0.23$0.20$0.03
2021Detailed filing. Detailed filing data is available for this year.$3.24$1.84$1.40$0.21$0.19$0.02
2020Detailed filing. Detailed filing data is available for this year.$3.42$2.05$1.37$0.21$0.21$0.00
2019Detailed filing. Detailed filing data is available for this year.$3.59$2.18$1.41$0.21$0.14$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.95$1.51$1.43$0.21$0.13$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.78$1.50$1.28$0.25$0.14$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.75$1.67$1.09$0.20$0.14$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.78$1.73$1.04$0.19$0.15$0.05
2014Detailed filing. Detailed filing data is available for this year.$2.34$1.24$1.10$0.20$0.15$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$1.38$1.04$0.20$0.16$0.04
2012Summary only. Only limited summary data is available for this year.$2.51$1.51$1.00$0.20$0.16$0.04
2011Summary only. Only limited summary data is available for this year.$2.60$1.64$0.96$0.00$0.00$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$1.75$0.95$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Sep 5, 2025
Return Version
2023v6.0
Gross Receipts
$240,082
Mission and Program Overview

Mission

The organization owns a golf course and related facilities which are leased to a tax-exempt golf club. The organization encourages athletic exercise and provides suitable facilities for various athletic activities.

Hatherly country club owns real estate which is leased to hatherly golf club, inc. Hatherly country club and hatherly golf club, inc. Are under common board control.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,275,034$5,105,409▼ $169,625
Total Assets$5,431,908$5,260,396▼ $171,512
Other Assets Total$156,874$154,987▼ $1,887
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,000,000$4,000,000→ $0
Total Liabilities$4,000,000$4,000,000→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,431,908$1,260,396▼ $171,512
Total Net Assets Fund Balance$1,431,908$1,260,396▼ $171,512
Total Liabilities and Net Assets / Fund Balance$5,431,908$5,260,396▼ $171,512

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,816,910$1,056,114$2,873,024
Land$2,514,440-$2,514,440
Buildings$773,101$1,319,659$2,092,760
Equipment$326$237,337$237,663
Other Land Buildings$632-$632
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thomas McnultyGovernor/chairman
Donald MarshallGovernor
Gerald HaleyGovernor
JOHN O'BRIEN JRGovernor
Jack MitchellGovernor
John DolanGovernor
Kenneth ChisholmGovernor
Leo LitzingerGovernor
Matt DownesGovernor
Michael SullivanGovernor
Philip GlassanosGovernor
T Stacey MonahanGovernor
Todd MarshmanGovernor
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$240,000
Investment Income
$-1,140
Other Revenue
$0
Change in Net Assets
$-171,512
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$410,372
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$241,968
Depreciation Depletion---$168,404
Total Functional Expenses$0$0$0$410,372
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The club has stockholders, who have limited liquidation rights.

Form 990, Part VI, Section A, Line 8B

There are no committees with the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

A copy of the final form 990 is not presented to the governing body prior to filing. The form 990 is instead reviewed by the finance committee of hatherly golf club, inc. Before it is filed. It is made available to any governing member who so chooses to review it.

Form 990, Part VI, Section B, Line 12C

The organization regularly and consistently monitors compliance with the conflict of interest policy. All members of the governing body are required to sign the club's conflict of interest policy. A conflict of interest is said to occur if any member of the governing body (or any relation thereof) owns or works for a company that is to be involved with a specific project or specific invoice which will have a financial impact greater than $5,000. This policy is regularly monitored by having the controller and treasurer review contractual obligations of the club and by reviewing the club's accounts payable. Any person discovered to have a conflict of interest is excluded from discussions and/or votes on said project. All payments to interested persons or related parties during the current fiscal year were within the limits.

Form 990, Part VI, Section C, Line 19

The organization makes governing documents, the conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Hatherly Country Club
EIN
04-1426460
Phone
7815457012
Address
PO BOX 449 HATHERLY ROAD, N SCITUATE, MA 02060

Signing Officer

Name
David Pinkham
Title
President
Phone
7815457012
Signed
2025-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bradford Anderson
Formed
1899
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Cliftonlarsonallen Llp
Address
4 BATTERYMARCH PARK SUITE 100, QUINCY, MA 02169
Preparer
Danielle Nihill
Phone
7819821001
Raw XML Appendix382 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PoliticalCampaignActyInd00
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01319659
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02092760
IRS990ScheduleD/EquipmentGrp/BookValueAmt0326
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0237337
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0237663
IRS990ScheduleD/LandGrp/BookValueAmt02514440
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02514440
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01816910
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01056114
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02873024
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0632
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0632
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05105409
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CLUB HAS STOCKHOLDERS, WHO HAVE LIMITED LIQUIDATION RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FINAL FORM 990 IS NOT PRESENTED TO THE GOVERNING BODY PRIOR TO FILING. THE FORM 990 IS INSTEAD REVIEWED BY THE FINANCE COMMITTEE OF HATHERLY GOLF CLUB, INC. BEFORE IT IS FILED. IT IS MADE AVAILABLE TO ANY GOVERNING MEMBER WHO SO CHOOSES TO REVIEW IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ALL MEMBERS OF THE GOVERNING BODY ARE REQUIRED TO SIGN THE CLUB'S CONFLICT OF INTEREST POLICY. A CONFLICT OF INTEREST IS SAID TO OCCUR IF ANY MEMBER OF THE GOVERNING BODY (OR ANY RELATION THEREOF) OWNS OR WORKS FOR A COMPANY THAT IS TO BE INVOLVED WITH A SPECIFIC PROJECT OR SPECIFIC INVOICE WHICH WILL HAVE A FINANCIAL IMPACT GREATER THAN $5,000. THIS POLICY IS REGULARLY MONITORED BY HAVING THE CONTROLLER AND TREASURER REVIEW CONTRACTUAL OBLIGATIONS OF THE CLUB AND BY REVIEWING THE CLUB'S ACCOUNTS PAYABLE. ANY PERSON DISCOVERED TO HAVE A CONFLICT OF INTEREST IS EXCLUDED FROM DISCUSSIONS AND/OR VOTES ON SAID PROJECT. ALL PAYMENTS TO INTERESTED PERSONS OR RELATED PARTIES DURING THE CURRENT FISCAL YEAR WERE WITHIN THE LIMITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HATHERLY GOLF CLUB INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0042981443
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(7)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0GOLF CLUB
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0N SCITUATE
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IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt05260396
IRS990/TotalAssetsGrp/BOYAmt05431908
IRS990/TotalAssetsGrp/EOYAmt05260396
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IRS990/TotalLiabilitiesGrp/BOYAmt04000000
IRS990/TotalLiabilitiesGrp/EOYAmt04000000
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IRS990/USAddress/ZIPCd002060
IRS990/VotingMembersGoverningBodyCnt013
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IRS990/WebsiteAddressTxt0WWW.HATHERLYCC.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID PINKHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07815457012
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HATHERLY COUNTRY CLUB
ReturnHeader/Filer/BusinessNameControlTxt0HATH
ReturnHeader/Filer/EIN0041426460
ReturnHeader/Filer/PhoneNum07815457012
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 449 HATHERLY ROAD
ReturnHeader/Filer/USAddress/CityNm0N SCITUATE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002060
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04 BATTERYMARCH PARK SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0QUINCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002169
ReturnHeader/PreparerPersonGrp/PhoneNum07819821001
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIELLE NIHILL
ReturnHeader/ReturnTs02025-09-08T17:06:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

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