Civic Intelligence

Springdale Golf Club

990 • Fiscal year 2022 • EIN 21-0568820

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 20, 2023

1895 Clubhouse DrivePrinceton, NJ 08540

(609) 921-8790

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

0.97x

Higher debt load relative to assets than 95% of similar nonprofits.

2022 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

1.94x

Higher debt load relative to revenue than 86% of similar nonprofits.

2022 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2022

Net Margin

37th percentile

2.8%

Higher net margin than 37% of similar nonprofits.

2022 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

64th percentile

$155,008

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2022 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2022

Asset Growth

24th percentile

-2.0%

Faster asset growth than 24% of similar nonprofits.

2022 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

1.8%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$7,615,695

Down $154,266 (-2.0%) from 2021

Net Assets

Up

$252,028

Up $105,129 (+72%) from 2021

Liabilities

Down

$7,363,667

Down $259,395 (-3.4%) from 2021

Revenue

Up

$3,798,163

Up $68,854 (+1.8%) from 2021

Expenses

Up

$3,693,034

Up $448,179 (+14%) from 2021

Net Income

Down

$105,129

Down $379,325 (-78%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0MAssets 2010: $9,412,822Liabilities 2010: $7,781,533Net Assets 2010: $1,631,2892010Assets 2011: $9,136,631Liabilities 2011: $7,667,859Net Assets 2011: $1,468,7722011Assets 2012: $8,731,538Liabilities 2012: $7,519,539Net Assets 2012: $1,211,9992012Assets 2013: $8,465,449Liabilities 2013: $7,495,270Net Assets 2013: $970,1792013Assets 2014: $8,055,393Liabilities 2014: $7,283,281Net Assets 2014: $772,1122014Assets 2015: $7,920,157Liabilities 2015: $7,293,735Net Assets 2015: $626,4222015Assets 2016: $7,760,471Liabilities 2016: $7,250,609Net Assets 2016: $509,8622016Assets 2017: $7,615,498Liabilities 2017: $7,341,809Net Assets 2017: $273,6892017Assets 2018: $7,364,059Liabilities 2018: $7,382,057Net Assets 2018: -$17,9982018Assets 2019: $7,406,433Liabilities 2019: $7,710,449Net Assets 2019: -$304,0162019Assets 2020: $7,423,304Liabilities 2020: $7,760,859Net Assets 2020: -$337,5552020Assets 2021: $7,769,961Liabilities 2021: $7,623,062Net Assets 2021: $146,8992021Assets 2022: $7,615,695Liabilities 2022: $7,363,667Net Assets 2022: $252,0282022Assets 2023: $8,976,407Liabilities 2023: $8,777,701Net Assets 2023: $198,7062023Assets 2024: $8,821,375Liabilities 2024: $8,691,236Net Assets 2024: $130,1392024

Highlighted filing

2022

Assets$7,615,695
Liabilities$7,363,667
Net Assets$252,028

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $2,781,863Expenses 2010: $2,944,514Net Income 2010: -$162,6512010Expenses 2011: $3,109,3212011Revenue 2012: $2,874,198Expenses 2012: $3,130,971Net Income 2012: -$256,7732012Revenue 2013: $2,917,028Expenses 2013: $3,158,848Net Income 2013: -$241,8202013Revenue 2014: $2,991,331Expenses 2014: $3,189,398Net Income 2014: -$198,0672014Revenue 2015: $3,069,330Expenses 2015: $3,215,020Net Income 2015: -$145,6902015Revenue 2016: $3,107,306Expenses 2016: $3,223,866Net Income 2016: -$116,5602016Revenue 2017: $2,877,016Expenses 2017: $3,113,189Net Income 2017: -$236,1732017Revenue 2018: $2,869,445Expenses 2018: $3,161,132Net Income 2018: -$291,6872018Revenue 2019: $2,995,104Expenses 2019: $3,165,948Net Income 2019: -$170,8442019Revenue 2020: $3,034,022Expenses 2020: $3,067,561Net Income 2020: -$33,5392020Revenue 2021: $3,729,309Expenses 2021: $3,244,855Net Income 2021: $484,4542021Revenue 2022: $3,798,163Expenses 2022: $3,693,034Net Income 2022: $105,1292022Revenue 2023: $4,317,095Expenses 2023: $4,370,417Net Income 2023: -$53,3222023Revenue 2024: $5,014,591Expenses 2024: $5,083,158Net Income 2024: -$68,5672024

Highlighted filing

2022

Revenue$3,798,163
Expenses$3,693,034
Net Income$105,129
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 20, 2023
Return Version
2022v5.0
Gross Receipts
$4,803,572
Mission and Program Overview

Mission

The club's mission is to promote the social and physical well-being of its members by providing facilities that enable its members to interact socially while enjoying a sport.

The club's mission is to promote the social and physical well-being of its members by providing facilities that enable its members to interact socially while enjoying the sport of golf.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,338,515$6,118,874▼ $219,641
Cash and Non-Interest-Bearing Accounts$803,454$880,010▲ $76,556
Accounts Receivable$247,265$208,797▼ $38,468
Savings and Temporary Cash Investments$266,134$117,538▼ $148,596
Inventories for Sale or Use$61,300$80,728▲ $19,428
Prepaid Expenses and Deferred Charges$43,798$43,756▼ $42
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$7,769,961$7,615,695▼ $154,266
Other Assets Total$9,495$165,992▲ $156,497
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,102,593$6,722,071▼ $380,522
Accounts Payable and Accrued Expenses$296,131$455,776▲ $159,645
Other Liabilities$224,338$185,820▼ $38,518
Total Liabilities$7,623,062$7,363,667▼ $259,395
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$146,899$252,028▲ $105,129
Total Net Assets Fund Balance$146,899$252,028▲ $105,129
Total Liabilities and Net Assets / Fund Balance$7,769,961$7,615,695▼ $154,266

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,659,091$1,596,894$7,255,985
Leasehold Improvements$182,081$2,921,226$3,103,307
Equipment$171,050$1,663,777$1,834,827
Other Land Buildings$106,652$404,181$510,833
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anthony PagliariGeneral ManagerFT$134,408$20,600$155,008

Board Members and Trustees

NameTitle
Kevin BullingerGolf Chair
Ernest AnastasioMembershp Chair
Erin HamrickPresident
Todd OwenVice President
Anthony McCrackenGovernor
Henry PattersonGovernor
Kristina MillerGovernor
Mathew GalanteGovernor
Richard GallagherGovernor
Rusty SzurekGovernor
Christopher Van BurenSecretary
Martha LoveTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,583,527
Investment Income
$-9,463
Other Revenue
$224,099
Change in Net Assets
$105,129

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,790,925
Revenue Not Reported on Financial Statements
$-992,762
Revenue Not Reported on Form 990
$-12,647
Other Revenue Adjustments
$-992,762
Total Revenue per Audited Statements
$4,778,278
Total Revenue per Form 990
$3,798,163
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,285,182
Salaries, Compensation, and Employee Benefits$1,407,852
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,146,263
Occupancy---$484,580
Depreciation Depletion---$280,343
Fees for Services Other---$257,263
Interest---$225,835
All Other Expenses---$198,830
Other Employee Benefits---$160,232
Insurance---$150,613
Payroll Taxes---$101,357
Office Expenses---$64,247
Other Expenses---$61,834
Travel---$15,835
Advertising---$14,033
Total Functional Expenses$0$0$0$3,693,034

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,685,796
Expenses per Audited Statements$3,693,034
Total Expenses per Form 990$3,693,034
Expenses Not Reported on Form 990$992,762
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Finance Lease Liability$160,831
Unearned Revenue$24,989
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members are individuals who are proposed for membership in the club by the other members of the club. New members are then elected by the membership.

Form 990, Part VI, Section A, Line 7A

The Board of Governors, elected by the membership, oversee the activities of the Club.

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

The return is reviewed by management and the Board of Governors.

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

Annual acknowledgement of Conflict of interest policy

Form 990, Part VI, Section C, Line 19

Available upon request.

Filing and Contact Details

Filer

Filer Name
Springdale Golf Club
EIN
21-0568820
Phone
6099218790
Address
1895 Clubhouse Drive, Princeton, NJ 08540

Signing Officer

Name
DJ Spoltore
Title
Treasurer
Signed
2023-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erin Hamrick
Formed
1895
Legal Domicile
Nj
Voting Board Members
12
Independent Board Members
12
Employees
91

Preparer

Firm
Lear & Pannepacker LLP
Address
791 Alexander Road, Princeton, NJ 08540
Preparer
Kenneth L Siegel CPA
Phone
6094522200
Supplemental Narrative

Additional Explanations

Incorporation of Springdale Golf Club

On June 14, 2018, the Club incorporated under the laws of the State of New Jersey as a New Jersey non-profit corporation and retained its employer identification number.

Financial Statement Notes

Part X : FIN48 Footnote

The Club is a not-for-profit organization that is exempt from Federal income tax under Section 501(c)(7) of the Internal Revenue Code. However, income from certain activities not directly related to the Clubs tax-exempt purpose is subject to taxation as unrelated business income. The Club has been classified as an organization that does not qualify for deductible contributions. In accordance with ASC Topic 740 "Accounting for Uncertainty in Income Taxes", the Club has evaluated its tax positions. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that has a likelihood of being realized on examination of more than fify percent. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. Under the "more likely than not" threshold guidelines, the Club believes no significant uncertain tax positions exist, either individually or in the aggregate, that would give rise to the non-recognition of an existing tax benefit. In addition, the Club had no material unrecognized tax benefits or accrued interest and penalties. The Club's policy is to recognize interest related to unrecognized tax benefits in interest expense and penalties in income tax expense.

Part XII, Line 2D: Other expenses and losses per audited F/S

Cost of sales $992762

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IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04803572
IRS990/GrossSalesOfInventoryAmt01216861
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt0150613
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0225835
IRS990/InventoriesForSaleOrUseGrp/BOYAmt061300
IRS990/InventoriesForSaleOrUseGrp/EOYAmt080728
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03184
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt03184
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt031
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06586078
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06338515
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06118874
IRS990/LandBldgEquipCostOrOtherBssAmt012704952
IRS990/LegalDomicileStateCd0NJ
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt012647
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The club's mission is to promote the social and physical well-being of its members by providing facilities that enable its members to interact socially while enjoying the sport of golf.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07102593
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06722071
IRS990/NetAssetsOrFundBalancesBOYAmt0146899
IRS990/NetAssetsOrFundBalancesEOYAmt0252028
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-12647
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-12647
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0224099
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0224099
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt02184
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0146899
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0252028
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0484580
IRS990/OfficeExpensesGrp/TotalAmt064247
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09495
IRS990/OtherAssetsTotalGrp/EOYAmt0165992
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0160232
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Chemicals & Fertilizers
IRS990/OtherExpensesGrp/Desc2Repairs & maintenance
IRS990/OtherExpensesGrp/Desc3Equipment rental & maintenance
IRS990/OtherExpensesGrp/TotalAmt0249627
IRS990/OtherExpensesGrp/TotalAmt1186291
IRS990/OtherExpensesGrp/TotalAmt295851
IRS990/OtherExpensesGrp/TotalAmt361834
IRS990/OtherLiabilitiesGrp/BOYAmt0224338
IRS990/OtherLiabilitiesGrp/EOYAmt0185820
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt01146263
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0101357
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt043798
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt043756
IRS990/PrincipalOfficerNm0Erin Hamrick
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1713910
IRS990/ProgramServiceRevenueGrp/Desc0Greens and golf fees
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues & Assessm
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0507953
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13075574
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0507953
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13075574
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0133
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02033316
IRS990/PYOtherRevenueAmt0167403
IRS990/PYProgramServiceRevenueAmt03561773
IRS990/PYRevenuesLessExpensesAmt0484454
IRS990/PYSalariesCompEmpBnftPaidAmt01211539
IRS990/PYTotalExpensesAmt03244855
IRS990/PYTotalRevenueAmt03729309
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0105129
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0266134
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0117538
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt05659091
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01596894
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07255985
IRS990ScheduleD/EquipmentGrp/BookValueAmt0171050
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01663777
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01834827
IRS990ScheduleD/ExpensesNotReportedAmt0992762
IRS990ScheduleD/ExpensesSubtotalAmt03693034
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0182081
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02921226
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03103307
IRS990ScheduleD/OtherExpensesIncludedAmt0992762
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0106652
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0404181
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0510833
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0160831
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt124989
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Finance Lease Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Unearned Revenue
IRS990ScheduleD/OtherRevenueAmt0-12647
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-992762
IRS990ScheduleD/RevenueNotReportedAmt0-12647
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-992762
IRS990ScheduleD/RevenueSubtotalAmt04790925
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Club is a not-for-profit organization that is exempt from Federal income tax under Section 501(c)(7) of the Internal Revenue Code. However, income from certain activities not directly related to the Clubs tax-exempt purpose is subject to taxation as unrelated business income. The Club has been classified as an organization that does not qualify for deductible contributions. In accordance with ASC Topic 740 "Accounting for Uncertainty in Income Taxes", the Club has evaluated its tax positions. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that has a likelihood of being realized on examination of more than fify percent. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. Under the "more likely than not" threshold guidelines, the Club believes no significant uncertain tax positions exist, either individually or in the aggregate, that would give rise to the non-recognition of an existing tax benefit. In addition, the Club had no material unrecognized tax benefits or accrued interest and penalties. The Club's policy is to recognize interest related to unrecognized tax benefits in interest expense and penalties in income tax expense.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Cost of sales $992762
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06118874
IRS990ScheduleD/TotalExpensesPerForm990Amt03693034
IRS990ScheduleD/TotalLiabilityAmt0185820
IRS990ScheduleD/TotalRevenuePerForm990Amt03798163
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04778278
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04685796
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0134408
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount020600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Anthony Pagliari
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0General Manager
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0155008
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members are individuals who are proposed for membership in the club by the other members of the club. New members are then elected by the membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Governors, elected by the membership, oversee the activities of the Club.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The return is reviewed by management and the Board of Governors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Annual acknowledgement of Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5On June 14, 2018, the Club incorporated under the laws of the State of New Jersey as a New Jersey non-profit corporation and retained its employer identification number.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Incorporation of Springdale Golf Club
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07769961
IRS990/TotalAssetsEOYAmt07615695
IRS990/TotalAssetsGrp/BOYAmt07769961
IRS990/TotalAssetsGrp/EOYAmt07615695
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt091
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt03693034
IRS990/TotalGrossUBIAmt03184

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.82$8.69$0.13$5.01$5.08$0.07
2023Detailed filing. Detailed filing data is available for this year.$8.98$8.78$0.20$4.32$4.37$0.05
2022Detailed filing. Detailed filing data is available for this year.$7.62$7.36$0.25$3.80$3.69$0.11
2021Detailed filing. Detailed filing data is available for this year.$7.77$7.62$0.15$3.73$3.24$0.48
2020Detailed filing. Detailed filing data is available for this year.$7.42$7.76$0.34$3.03$3.07$0.03
2019Detailed filing. Detailed filing data is available for this year.$7.41$7.71$0.30$3.00$3.17$0.17
2018Detailed filing. Detailed filing data is available for this year.$7.36$7.38$0.02$2.87$3.16$0.29
2017Detailed filing. Detailed filing data is available for this year.$7.62$7.34$0.27$2.88$3.11$0.24
2016Detailed filing. Detailed filing data is available for this year.$7.76$7.25$0.51$3.11$3.22$0.12
2015Detailed filing. Detailed filing data is available for this year.$7.92$7.29$0.63$3.07$3.22$0.15
2014Detailed filing. Detailed filing data is available for this year.$8.06$7.28$0.77$2.99$3.19$0.20
2013Detailed filing. Detailed filing data is available for this year.$8.47$7.50$0.97$2.92$3.16$0.24
2012Summary only. Only limited summary data is available for this year.$8.73$7.52$1.21$2.87$3.13$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.14$7.67$1.47$3.11
2010Summary only. Only limited summary data is available for this year.$9.41$7.78$1.63$2.78$2.94$0.16