Civic Intelligence

Morris County Golf Club

EIN 22-1127690 • 501(c)7 • Convent Station, NJ

Profile

To provide facilities to play golf and other recreational activities and maintains a clubhouse with dining facilities.

Punch Bowl RoadConvent Station, NJ 07960

www.morriscgc.com

Siviq Scores

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

Liabilities / Assets

47th percentile

0.28x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.58x

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

501(c)7 • $25M-$50M nonprofits • Source year 2024

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

86th percentile

$410,166

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

$25M-$50M nonprofits • Source year 2024

Asset Growth

39th percentile

2.9%

Faster asset growth than 39% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

6.0%

Faster revenue growth than 42% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$28,927,891

Up $822,873 (+2.9%) from 2023

Liabilities

Down

$8,198,593

Down $844,779 (-9.3%) from 2023

Net Assets

Up

$20,729,298

Up $1,667,652 (+8.7%) from 2023

Revenue

Up

$14,072,929

Up $792,207 (+6.0%) from 2023

Expenses

Up

$12,438,754

Up $1,015,072 (+8.9%) from 2023

Net Income

Down

$1,634,175

Down $222,865 (-12%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $11,798,144Liabilities 2011: $3,818,805Net Assets 2011: $7,979,3392011Assets 2012: $11,015,619Liabilities 2012: $3,324,919Net Assets 2012: $7,690,7002012Assets 2013: $10,621,679Liabilities 2013: $3,146,450Net Assets 2013: $7,475,2292013Assets 2014: $10,076,900Liabilities 2014: $2,677,460Net Assets 2014: $7,399,4402014Assets 2015: $12,190,027Liabilities 2015: $2,286,947Net Assets 2015: $9,903,0802015Assets 2016: $14,767,417Liabilities 2016: $4,172,754Net Assets 2016: $10,594,6632016Assets 2017: $19,630,744Liabilities 2017: $8,201,013Net Assets 2017: $11,429,7312017Assets 2018: $18,918,558Liabilities 2018: $7,068,816Net Assets 2018: $11,849,7422018Assets 2019: $20,038,895Liabilities 2019: $7,688,142Net Assets 2019: $12,350,7532019Assets 2020: $20,711,310Liabilities 2020: $7,506,674Net Assets 2020: $13,204,6362020Assets 2021: $22,253,157Liabilities 2021: $6,611,695Net Assets 2021: $15,641,4622021Assets 2022: $23,362,572Liabilities 2022: $6,278,518Net Assets 2022: $17,084,0542022Assets 2023: $28,105,018Liabilities 2023: $9,043,372Net Assets 2023: $19,061,6462023Assets 2024: $28,927,891Liabilities 2024: $8,198,593Net Assets 2024: $20,729,2982024

Highlighted filing

2024

Assets$28,927,891
Liabilities$8,198,593
Net Assets$20,729,298

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,102,120Expenses 2011: $6,306,765Net Income 2011: -$204,6452011Revenue 2012: $6,192,791Expenses 2012: $6,496,504Net Income 2012: -$303,7132012Revenue 2013: $6,629,760Expenses 2013: $6,916,873Net Income 2013: -$287,1132013Revenue 2014: $6,452,714Expenses 2014: $6,567,071Net Income 2014: -$114,3572014Revenue 2015: $9,202,024Expenses 2015: $6,680,028Net Income 2015: $2,521,9962015Revenue 2016: $7,509,546Expenses 2016: $6,812,281Net Income 2016: $697,2652016Revenue 2017: $8,173,374Expenses 2017: $7,362,115Net Income 2017: $811,2592017Revenue 2018: $8,694,926Expenses 2018: $8,308,425Net Income 2018: $386,5012018Revenue 2019: $9,177,620Expenses 2019: $8,707,096Net Income 2019: $470,5242019Revenue 2020: $9,035,381Expenses 2020: $8,227,514Net Income 2020: $807,8672020Revenue 2021: $12,044,540Expenses 2021: $9,661,377Net Income 2021: $2,383,1632021Revenue 2022: $11,815,580Expenses 2022: $10,404,780Net Income 2022: $1,410,8002022Revenue 2023: $13,280,722Expenses 2023: $11,423,682Net Income 2023: $1,857,0402023Revenue 2024: $14,072,929Expenses 2024: $12,438,754Net Income 2024: $1,634,1752024

Highlighted filing

2024

Revenue$14,072,929
Expenses$12,438,754
Net Income$1,634,175

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$28.9$8.20$20.7$14.1$12.4$1.63
2023Detailed filing. Detailed filing data is available for this year.$28.1$9.04$19.1$13.3$11.4$1.86
2022Detailed filing. Detailed filing data is available for this year.$23.4$6.28$17.1$11.8$10.4$1.41
2021Detailed filing. Detailed filing data is available for this year.$22.3$6.61$15.6$12.0$9.66$2.38
2020Detailed filing. Detailed filing data is available for this year.$20.7$7.51$13.2$9.04$8.23$0.81
2019Detailed filing. Detailed filing data is available for this year.$20.0$7.69$12.4$9.18$8.71$0.47
2018Detailed filing. Detailed filing data is available for this year.$18.9$7.07$11.8$8.69$8.31$0.39
2017Summary only. Only limited summary data is available for this year.$19.6$8.20$11.4$8.17$7.36$0.81
2016Summary only. Only limited summary data is available for this year.$14.8$4.17$10.6$7.51$6.81$0.70
2015Summary only. Only limited summary data is available for this year.$12.2$2.29$9.90$9.20$6.68$2.52
2014Summary only. Only limited summary data is available for this year.$10.1$2.68$7.40$6.45$6.57$0.11
2013Summary only. Only limited summary data is available for this year.$10.6$3.15$7.48$6.63$6.92$0.29
2012Summary only. Only limited summary data is available for this year.$11.0$3.32$7.69$6.19$6.50$0.30
2011Summary only. Only limited summary data is available for this year.$11.8$3.82$7.98$6.10$6.31$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 16, 2025
Return Version
2024v5.1
Gross Receipts
$15,172,023
Mission and Program Overview

Mission

To provide facilities to play golf and other recreational activities and maintains a clubhouse with dining facilities.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,908,768$25,066,161▲ $1,157,393
Cap Stk Tr Prin Current Funds$19,061,646$20,729,298▲ $1,667,652
Accounts Receivable$1,391,854$1,594,365▲ $202,511
Cash and Non-Interest-Bearing Accounts$1,353,887$874,991▼ $478,896
Prepaid Expenses and Deferred Charges$517,789$479,286▼ $38,503
Inventories for Sale or Use$164,734$230,872▲ $66,138
Savings and Temporary Cash Investments$8,012$5,031▼ $2,981
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$28,105,018$28,927,891▲ $822,873
Other Assets Total$759,974$677,185▼ $82,789
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,932,019$5,257,003▼ $675,016
Other Liabilities$2,507,198$2,482,683▼ $24,515
Accounts Payable and Accrued Expenses$604,155$458,907▼ $145,248
Total Liabilities$9,043,372$8,198,593▼ $844,779
Net Assets / Fund Balance
Total Net Assets Fund Balance$19,061,646$20,729,298▲ $1,667,652
Total Liabilities and Net Assets / Fund Balance$28,105,018$28,927,891▲ $822,873

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,189,463$12,279,446$27,468,909
Other Land Buildings$6,976,244$8,619,692$15,595,936
Equipment$889,589$5,757,413$6,647,002
Leasehold Improvements$1,897,784$1,226,278$3,124,062
Land$113,081-$113,081
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bromage DanielGm/COOFT$292,133$118,033$410,166
Bostrom Knut MartinDirector of RacquetsFT$126,509$146,655$273,164
Plitt AdamExecutive ChefFT$195,042$70,522$265,564
Leviere NicholasGc SuperintendentFT$204,009$28,954$232,963
Kile BarbaraControllerFT$163,674$21,734$185,408
Smith CraigHead Golf ProfessionalFT$137,748$43,904$181,652
Feher JillRacquets ProfessionalFT$137,761$5,501$143,262

Board Members and Trustees

NameTitle
John BabcockPresident
Thomas RobertsVice President
Benjamin RogersGovernor
Christopher CookGovernor
Dennis NewmanGovernor
John DyerGovernor
Karen ProsciaGovernor
Kelly MonksGovernor
Matthew LanganGovernor
Shawn CepedaGovernor
Suzanne MaguireGovernor
Timothy RussellGovernor
Warren StarrGovernor
Stephen LongSecretary
James RogersTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Harrington Construction Co INCConstruction50 PARKER ROAD, Chester, NJ 07930$845,268
Lgr LLCGolf Course Construction150 MORRISTOWN ROAD SUITE 208, Bernardsville, NJ 07924$464,393
Stull Mechanical LLCHvac Contractor17 BISCAY DRIVE, Parsippany, NJ 07054$174,653
Metric Construction Consulting LLCConstruction16 COURT ROAD, Morris Plains, NJ 07950$112,307
Jaeger Kovich Dba Proper Golf LLCGolf Coure Architect889 SPRINGFIELD AVE, New Providence, NJ 07974$103,837
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,359,120
Investment Income
$7,871
Other Revenue
$3,705,938
Change in Net Assets
$1,634,175

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,072,929
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,122,269
Total Revenue per Audited Statements
$15,195,198
Total Revenue per Form 990
$14,072,929
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,938,261
Other Expenses$5,500,493
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,925,035
Depreciation Depletion---$1,625,305
Occupancy---$950,819
Payroll Taxes---$807,596
Current Officers, Directors, Trustees, and Key Employees---$643,129
Other Employee Benefits---$484,208
Other Expenses---$417,708
Interest---$385,478
Insurance---$348,824
All Other Expenses---$213,375
Office Expenses---$159,606
Fees for Services Other---$124,818
Pension Plan Contributions---$78,293
Fees for Services Accounting---$29,500
Fees for Services Legal---$20,860
Travel---$11,622
Total Functional Expenses$0$0$0$12,438,754

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$13,537,848
Expenses per Audited Statements$12,438,754
Total Expenses per Form 990$12,438,754
Expenses Not Reported on Form 990$1,099,094
Expenses Not Reported on Financial Statements$0
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
Unearned Dues$1,583,993
Equipment Loan Payable$677,185
Financing Lease$221,505
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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

Morris county golf club (the "club") was incorporated as a membership organization.

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

The board of governors are nominated and elected annually.

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

The general manager and controller review the form 990 prior to filing with the internal revenue service. A copy is availible upon request to other governing bodies.

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

The board of governors and key employees are required to attest annually no conflict with the "conflict-of-interest policy and any conflict must be disclosed.

Form 990, Part VI, Section B, Line 15

The president and general manager review compensation using comparable data from other clubs provided by the outside auditors.

Form 990, Part VI, Section C, Line 19

The club does not makes its governing documents and financial statements available to the general public.

Filing and Contact Details

Filer

Filer Name
Morris County Golf Club
EIN
22-1127690
Phone
9735397200
Address
PUNCH BOWL ROAD, CONVENT STATION, NJ 07960

Signing Officer

Name
William Gallagher
Title
Treasurer
Phone
9735397200
Signed
2025-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Babcock
Formed
1895
Legal Domicile
Nj
Voting Board Members
15
Independent Board Members
15
Employees
197
Volunteers
15

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
Preparer
Alexander Lazzaruolo
Phone
2126617777
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

To provide facilities to play golf and other recreational activities and maintains a clubhouse with dining facilities.

FORM 990, PART XI, LINE 9:

Excess of recorded value of stock over redemption value 23,175. Net change in capital and preferred stock 10,302.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 1,099,094. Excess stock redemption 23,175.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 1,099,094.

Raw XML AppendixShowing 400 of 624 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/Form990PartVIISectionAGrp/TitleTxt14GOVERNOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15GM/COO
IRS990/Form990PartVIISectionAGrp/TitleTxt16GC SUPERINTENDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR OF RACQUETS
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE CHEF
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