Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
EIN 22-1128520 • 501(c)7 • Morristown, NJ
Profile
Social meeting & restaurant facility for our members and their guests.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
15th percentile
Faster revenue growth than 15% of similar nonprofits.
Assets
Down$680,323
Down $203,817 (-23%) from 2023
Liabilities
Down$264,977
Down $31,190 (-11%) from 2023
Net Assets
Down$415,346
Down $172,627 (-29%) from 2023
Revenue
Down$356,723
Down $49,078 (-12%) from 2023
Expenses
Up$533,269
Up $150,252 (+39%) from 2023
Net Income
Down-$176,546
Down $199,330 (-875%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Social meeting & restaurant facility for our members and their guests
Social meeting & restaurant facility for our members and their guests.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $414,199 | $430,619 | ▲ $16,420 |
| Accounts Receivable | $133,701 | $111,880 | ▼ $21,821 |
| Cash and Non-Interest-Bearing Accounts | $276,622 | $70,541 | ▼ $206,081 |
| Investments in Publicly Traded Securities | $23,952 | $27,870 | ▲ $3,918 |
| Inventories for Sale or Use | $22,879 | $22,448 | ▼ $431 |
| Prepaid Expenses and Deferred Charges | $10,277 | $14,334 | ▲ $4,057 |
| Savings and Temporary Cash Investments | $2,510 | $2,631 | ▲ $121 |
| Total Assets | $884,140 | $680,323 | ▼ $203,817 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $181,311 | $167,863 | ▼ $13,448 |
| Deferred Revenue | $72,898 | $67,677 | ▼ $5,221 |
| Accounts Payable and Accrued Expenses | $41,958 | $29,437 | ▼ $12,521 |
| Total Liabilities | $296,167 | $264,977 | ▼ $31,190 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $585,463 | $412,715 | ▼ $172,748 |
| Net Assets With Donor Restrictions | $2,510 | $2,631 | ▲ $121 |
| Total Net Assets Fund Balance | $587,973 | $415,346 | ▼ $172,627 |
| Total Liabilities and Net Assets / Fund Balance | $884,140 | $680,323 | ▼ $203,817 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $156,121 | $1,026,160 | $1,182,281 |
| Buildings | $207,906 | $313,574 | $521,480 |
| Other Land Buildings | $36,592 | $165,115 | $201,707 |
| Land | $30,000 | - | $30,000 |
| Name | Title |
|---|---|
| Stephen Hansbury | Ex-officio President |
| Ryan Dawson | President |
| Stacey Valentine | Vice President |
| Bill Burke | Director |
| Don Giovanello | Director |
| Gregg Begg | Director |
| Jerry Jo Cramer | Director |
| Jessica Brennan | Director |
| Karl Badenhausen | Director |
| Kit Godby | Director |
| Phil Iossa | Director |
| Joette Rosato | Secretary |
| Ian Maccallum | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $389,645 |
| Salaries, Compensation, and Employee Benefits | $143,624 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $102,635 | - | - | $102,635 |
| Depreciation Depletion | $71,541 | - | - | $71,541 |
| Insurance | $51,330 | - | - | $51,330 |
| Occupancy | $42,196 | - | - | $42,196 |
| Other Employee Benefits | $28,031 | - | - | $28,031 |
| Fees for Services Accounting | $9,500 | - | - | $9,500 |
| Payroll Taxes | $8,856 | - | - | $8,856 |
| Office Expenses | $8,146 | - | - | $8,146 |
| Other Expenses | $7,134 | - | - | $7,134 |
| Interest | $5,910 | - | - | $5,910 |
| Pension Plan Contributions | $4,102 | - | - | $4,102 |
| Total Functional Expenses | $533,269 | $0 | $0 | $533,269 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“THE CLUB HAS MEMBERS.”
“The members elect the board of directors.”
“Certain decisions regarding debt and club assets are subject to approval by members.”
“The treasurer reviews and approves the tax return, and reports to the board of governors.”
“Board members regularly review policy.”
“All compensation is reviewed by the human resources committee.”
“Tax returns are available upon request.”
“The club's annual financial statements are distributed and made available at the annual meeting.”
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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|---|---|---|
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 111880 |
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| IRS990/ActivityOrMissionDesc | 0 | SOCIAL MEETING & RESTAURANT FACILITY FOR OUR MEMBERS AND THEIR GUESTS. |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 9500 |
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| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 8146 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
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| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 4102 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 14334 |
| IRS990/PrincipalOfficerNm | 0 | IAN MACCALLUM |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 713910 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 713910 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 713910 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | DUES & ASSESSMENTS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | SPECIAL ASSESSMENT INC |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | INITIATION FEES |
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 45708 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 28000 |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 45708 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 28000 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 122 |
| IRS990/PYOtherExpensesAmt | 0 | 272713 |
| IRS990/PYOtherRevenueAmt | 0 | 24788 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 380891 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 22784 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 110304 |
| IRS990/PYTotalExpensesAmt | 0 | 383017 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 405801 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -176546 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
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| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
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| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2631 |
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| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 521480 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 156121 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1026160 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 1182281 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 30000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 30000 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 36592 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 165115 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 201707 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 430619 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE CLUB HAS MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE MEMBERS ELECT THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CERTAIN DECISIONS REGARDING DEBT AND CLUB ASSETS ARE SUBJECT TO APPROVAL BY MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE TREASURER REVIEWS AND APPROVES THE TAX RETURN, AND REPORTS TO THE BOARD OF GOVERNORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | BOARD MEMBERS REGULARLY REVIEW POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | ALL COMPENSATION IS REVIEWED BY THE HUMAN RESOURCES COMMITTEE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | TAX RETURNS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE CLUB'S ANNUAL FINANCIAL STATEMENTS ARE DISTRIBUTED AND MADE AVAILABLE AT THE ANNUAL MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 680323 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 884140 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 680323 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 4000 |
| IRS990/TotalEmployeeCnt | 0 | 19 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
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| IRS990/TotalLiabilitiesBOYAmt | 0 | 296167 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 264977 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 296167 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 264977 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 415346 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 680323 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 1 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 27 ELM STREET |
| IRS990/USAddress/CityNm | 0 | MORRISTOWN |
| IRS990/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/USAddress/ZIPCd | 0 | 07960 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 14 |
| IRS990/VotingMembersIndependentCnt | 0 | 14 |
| IRS990/WebsiteAddressTxt | 0 | WWW.MORRISTOWNCLUB.NET |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | IAN MACCALLUM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9735390116 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE MORRISTOWN CLUB |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MORR |
| ReturnHeader/Filer/EIN | 0 | 221128520 |
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