Civic Intelligence

Pocasset Golf Club Inc

EIN 04-3018828 • 501(c)7 • Pocasset, MA

Profile

Private golf club facility

PO Box 1489Pocasset, MA 02559

pocassetgolfclub.com

Siviq Scores

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

Liabilities / Assets

24th percentile

0.19x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.51x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Source year 2024

Net Margin

95th percentile

37%

Higher net margin than 95% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

16th percentile

$0

Higher top officer pay than 16% of similar nonprofits.

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

501(c)7 • $10M-$25M nonprofits • Source year 2024

Asset Growth

83rd percentile

17%

Faster asset growth than 83% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

79th percentile

16%

Faster revenue growth than 79% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$15,100,198

Up $2,216,372 (+17%) from 2023

Liabilities

Up

$2,902,048

Up $29,242 (+1.0%) from 2023

Net Assets

Up

$12,198,150

Up $2,187,130 (+22%) from 2023

Revenue

Up

$5,652,402

Up $776,138 (+16%) from 2023

Expenses

Up

$3,553,272

Up $273,658 (+8.3%) from 2023

Net Income

Up

$2,099,130

Up $502,480 (+31%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $11,378,536Liabilities 2010: $4,445,415Net Assets 2010: $6,933,1212010Assets 2011: $10,916,550Liabilities 2011: $4,183,901Net Assets 2011: $6,732,6492011Assets 2012: $10,450,675Liabilities 2012: $3,966,540Net Assets 2012: $6,484,1352012Assets 2013: $10,316,480Liabilities 2013: $3,945,420Net Assets 2013: $6,371,0602013Assets 2014: $10,135,133Liabilities 2014: $3,936,006Net Assets 2014: $6,199,1272014Assets 2015: $10,169,570Liabilities 2015: $3,896,463Net Assets 2015: $6,273,1072015Assets 2016: $10,012,276Liabilities 2016: $3,626,072Net Assets 2016: $6,386,2042016Assets 2017: $9,850,508Liabilities 2017: $3,386,656Net Assets 2017: $6,463,8522017Assets 2018: $9,819,559Liabilities 2018: $3,278,681Net Assets 2018: $6,540,8782018Assets 2019: $9,495,569Liabilities 2019: $2,945,957Net Assets 2019: $6,549,6122019Assets 2020: $9,504,764Liabilities 2020: $2,603,213Net Assets 2020: $6,901,5512020Assets 2021: $10,378,606Liabilities 2021: $2,700,185Net Assets 2021: $7,678,4212021Assets 2022: $11,645,218Liabilities 2022: $3,174,848Net Assets 2022: $8,470,3702022Assets 2023: $12,883,826Liabilities 2023: $2,872,806Net Assets 2023: $10,011,0202023Assets 2024: $15,100,198Liabilities 2024: $2,902,048Net Assets 2024: $12,198,1502024

Highlighted filing

2024

Assets$15,100,198
Liabilities$2,902,048
Net Assets$12,198,150

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,572,8902010Expenses 2011: $2,601,2862011Expenses 2012: $2,661,0012012Revenue 2013: $2,424,148Expenses 2013: $2,608,843Net Income 2013: -$184,6952013Revenue 2014: $2,447,884Expenses 2014: $2,696,397Net Income 2014: -$248,5132014Revenue 2015: $2,713,767Expenses 2015: $2,719,787Net Income 2015: -$6,0202015Revenue 2016: $2,760,294Expenses 2016: $2,764,097Net Income 2016: -$3,8032016Revenue 2017: $2,770,382Expenses 2017: $2,780,974Net Income 2017: -$10,5922017Revenue 2018: $2,930,145Expenses 2018: $2,909,119Net Income 2018: $21,0262018Revenue 2019: $2,895,992Expenses 2019: $2,947,258Net Income 2019: -$51,2662019Revenue 2020: $3,018,090Expenses 2020: $2,738,151Net Income 2020: $279,9392020Revenue 2021: $3,724,851Expenses 2021: $3,019,981Net Income 2021: $704,8702021Revenue 2022: $3,888,790Expenses 2022: $3,132,841Net Income 2022: $755,9492022Revenue 2023: $4,876,264Expenses 2023: $3,279,614Net Income 2023: $1,596,6502023Revenue 2024: $5,652,402Expenses 2024: $3,553,272Net Income 2024: $2,099,1302024

Highlighted filing

2024

Revenue$5,652,402
Expenses$3,553,272
Net Income$2,099,130

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.1$2.90$12.2$5.65$3.55$2.10
2023Detailed filing. Detailed filing data is available for this year.$12.9$2.87$10.0$4.88$3.28$1.60
2022Detailed filing. Detailed filing data is available for this year.$11.6$3.17$8.47$3.89$3.13$0.76
2021Detailed filing. Detailed filing data is available for this year.$10.4$2.70$7.68$3.72$3.02$0.70
2020Detailed filing. Detailed filing data is available for this year.$9.50$2.60$6.90$3.02$2.74$0.28
2019Detailed filing. Detailed filing data is available for this year.$9.50$2.95$6.55$2.90$2.95$0.05
2018Detailed filing. Detailed filing data is available for this year.$9.82$3.28$6.54$2.93$2.91$0.02
2017Detailed filing. Detailed filing data is available for this year.$9.85$3.39$6.46$2.77$2.78$0.01
2016Detailed filing. Detailed filing data is available for this year.$10.0$3.63$6.39$2.76$2.76$0.00
2015Detailed filing. Detailed filing data is available for this year.$10.2$3.90$6.27$2.71$2.72$0.01
2014Detailed filing. Detailed filing data is available for this year.$10.1$3.94$6.20$2.45$2.70$0.25
2013Detailed filing. Detailed filing data is available for this year.$10.3$3.95$6.37$2.42$2.61$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$3.97$6.48$2.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$4.18$6.73$2.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$4.45$6.93$2.57
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.0
Gross Receipts
$6,827,890
Mission and Program Overview

Mission

Private golf club facility

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,470,012$10,541,630▲ $2,071,618
Savings and Temporary Cash Investments$3,732,208$3,795,485▲ $63,277
Intangible Assets$353,854$399,694▲ $45,840
Inventories for Sale or Use$178,330$187,820▲ $9,490
Accounts Receivable$127,612$140,812▲ $13,200
Prepaid Expenses and Deferred Charges$21,810$34,757▲ $12,947
Total Assets$12,883,826$15,100,198▲ $2,216,372
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,256,646$2,292,836▲ $36,190
Other Liabilities$507,152$575,420▲ $68,268
Accounts Payable and Accrued Expenses$65,083$22,071▼ $43,012
Deferred Revenue$43,925$11,721▼ $32,204
Total Liabilities$2,872,806$2,902,048▲ $29,242
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,011,020$12,198,150▲ $2,187,130
Total Net Assets Fund Balance$10,011,020$12,198,150▲ $2,187,130
Total Liabilities and Net Assets / Fund Balance$12,883,826$15,100,198▲ $2,216,372

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,660,331$4,577,972$6,238,303
Buildings$2,471,369$3,247,333$5,718,702
Land$4,067,885-$4,067,885
Other Land Buildings$2,342,045-$2,342,045
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,248,904
Investment Income
$227,121
Other Revenue
$176,377
Change in Net Assets
$2,099,130
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,898,535
Salaries, Compensation, and Employee Benefits$1,654,737
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,270,718
Depreciation Depletion---$467,389
All Other Expenses---$323,442
Other Employee Benefits---$239,332
Occupancy---$155,482
Payroll Taxes---$144,687
Insurance---$127,640
Interest---$120,326
Other Expenses---$97,612
Information Technology---$47,035
Fees for Services Other---$22,346
Advertising---$17,881
Office Expenses---$17,068
Fees for Services Legal---$4,827
Total Functional Expenses$0$0$0$3,553,272
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Obligations$412,579
Equity Certificates Payable$84,875
Refundable Deposits$77,966
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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, Page 6, Part VI, Line 7A

Club members elect the board of directors

Form 990, Page 6, Part VI, Line 11B

Form 990 provided to organization upon completion and treasurer reviews.

Form 990, Page 6, Part VI, Line 19

The organization's minutes of board meetings are posted to the club's website which is accessible only to club members. Also, when the financial statements are completed there is a posting made to the website which notifies members that they can view the financials upon request of the business office.

Filing and Contact Details

Filer

Filer Name
Pocasset Golf Club Inc
EIN
04-3018828
Phone
5085637171
Address
PO BOX 1489, POCASSET, MA 02559

Signing Officer

Name
Oswald Street
Title
Treasurer
Phone
5085637171
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Oswald Street
Formed
1989
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
12
Employees
220

Preparer

Firm
COLLINS SMITH & O'CONNOR LLP
Address
77 N MAIN ST, ATTLEBORO, MA 02703
Preparer
Scott D Smith CPA Mst
Phone
5082223795
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provide golf facility to 350 members, including golf course, driving range, putting green, clubhouse and restaurant.

Form 990, Part XI, Line 9

Gain on redemptions 4,000 equity certificates 84,000 total 88,000

Raw XML Appendix381 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/OtherEmployeeBenefitsGrp/TotalAmt0239332
IRS990/OtherExpensesGrp/Desc0GROUNDS MAINTENANCE
IRS990/OtherExpensesGrp/Desc1AMORTIZATION
IRS990/OtherExpensesGrp/Desc2BUILDING/EQUIP REPAIR
IRS990/OtherExpensesGrp/Desc3SUPPLIES
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IRS990/OtherExpensesGrp/TotalAmt2141559
IRS990/OtherExpensesGrp/TotalAmt397612
IRS990/OtherLiabilitiesGrp/BOYAmt0507152
IRS990/OtherLiabilitiesGrp/EOYAmt0575420
IRS990/OtherRevenueMiscGrp/Desc0FINANCE CHARGES/FEES
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11053
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IRS990/OtherSalariesAndWagesGrp/TotalAmt01270718
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0144687
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021810
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt034757
IRS990/PrincipalOfficerNm0OSWALD STREET
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IRS990/ProgramServiceRevenueGrp/BusinessCd0722511
IRS990/ProgramServiceRevenueGrp/Desc0DUES AND ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/Desc1GOLF ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc2GOLF ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04502017
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1610488
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04502017
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1610488
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2136399
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0136399
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDE GOLF FACILITY TO 350 MEMBERS, INCLUDING GOLF COURSE, DRIVING RANGE, PUTTING GREEN, CLUBHOUSE AND RESTAURANT.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0111057
IRS990/PYOtherExpensesAmt01675720
IRS990/PYOtherRevenueAmt0247206
IRS990/PYProgramServiceRevenueAmt04518001
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IRS990/PYSalariesCompEmpBnftPaidAmt01603894
IRS990/PYTotalExpensesAmt03279614
IRS990/PYTotalRevenueAmt04876264
IRS990/ReconcilationRevenueExpnssAmt02099130
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleD/EquipmentGrp/BookValueAmt01660331
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04577972
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06238303
IRS990ScheduleD/LandGrp/BookValueAmt04067885
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04067885
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02342045
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02342045
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0412579
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt184875
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt277966
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE OBLIGATIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EQUITY CERTIFICATES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2REFUNDABLE DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010541630
IRS990ScheduleD/TotalLiabilityAmt0575420
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE GOLF FACILITY TO 350 MEMBERS, INCLUDING GOLF COURSE, DRIVING RANGE, PUTTING GREEN, CLUBHOUSE AND RESTAURANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLUB MEMBERS ELECT THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 PROVIDED TO ORGANIZATION UPON COMPLETION AND TREASURER REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S MINUTES OF BOARD MEETINGS ARE POSTED TO THE CLUB'S WEBSITE WHICH IS ACCESSIBLE ONLY TO CLUB MEMBERS. ALSO, WHEN THE FINANCIAL STATEMENTS ARE COMPLETED THERE IS A POSTING MADE TO THE WEBSITE WHICH NOTIFIES MEMBERS THAT THEY CAN VIEW THE FINANCIALS UPON REQUEST OF THE BUSINESS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GAIN ON REDEMPTIONS 4,000 EQUITY CERTIFICATES 84,000 TOTAL 88,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt015100198
IRS990/TotalAssetsGrp/BOYAmt012883826
IRS990/TotalAssetsGrp/EOYAmt015100198
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt03553272
IRS990/TotalGrossUBIAmt0457494
IRS990/TotalLiabilitiesBOYAmt02872806
IRS990/TotalLiabilitiesEOYAmt02902048
IRS990/TotalLiabilitiesGrp/BOYAmt02872806
IRS990/TotalLiabilitiesGrp/EOYAmt02902048
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010011020
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012198150
IRS990/TotalProgramServiceRevenueAmt05248904
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05194908
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05652402
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0457494
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012883826
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015100198
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0107 CHESTNUT STREET 4
IRS990/USAddress/CityNm0BOSTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002108
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0POCASSETGOLFCLUB.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0OSWALD STREET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05085637171
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POCASSET GOLF CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0POCA
ReturnHeader/Filer/EIN0043018828
ReturnHeader/Filer/PhoneNum05085637171
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1489
ReturnHeader/Filer/USAddress/CityNm0POCASSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002559
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043256157
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COLLINS SMITH & O'CONNOR LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt077 N MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATTLEBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002703
ReturnHeader/PreparerPersonGrp/PhoneNum05082223795
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT D SMITH CPA MST
ReturnHeader/ReturnTs02025-05-06T11:08:20-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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