Civic Intelligence

Griffis Faculty Club Inc

990 • Fiscal year 2018 • EIN 23-7137817

Jul 01, 2017 to Jun 30, 2018 • Filed on May 20, 2019

Organization ProfileWWW.GRIFFISFACULTYCLUB.COM
521 East 68th StreetNew York, NY 10021

(212) 746-6100

Siviq Scores

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

Liabilities / Assets

78th percentile

0.37x

Higher debt load relative to assets than 78% of similar nonprofits.

2018 filings • NTEE N • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

0.44x

Higher debt load relative to revenue than 75% of similar nonprofits.

2018 filings • NTEE N • $1M-$5M nonprofits • Source year 2018

Net Margin

36th percentile

0.9%

Higher net margin than 36% of similar nonprofits.

2018 filings • NTEE N • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2018 filings • NTEE N • $1M-$5M nonprofits • Source year 2018

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

2018 filings • NTEE N • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

33rd percentile

-2.9%

Faster revenue growth than 33% of similar nonprofits.

2018 filings • NTEE N • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$3,413,227

Up $449,784 (+15%) from 2017

Net Assets

Up

$2,145,413

Up $45,829 (+2.2%) from 2017

Liabilities

Up

$1,267,814

Up $403,955 (+47%) from 2017

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin36th percentile

Revenue

Down

$2,898,531

Down $85,088 (-2.9%) from 2017

Expenses

Up

$2,871,254

Up $363,166 (+14%) from 2017

Net Income

Down

$27,277

Down $448,254 (-94%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,640,594Liabilities 2010: $1,830,728Net Assets 2010: $809,8662010Assets 2011: $2,595,409Liabilities 2011: $1,883,187Net Assets 2011: $712,2222011Assets 2012: $2,237,263Liabilities 2012: $1,438,518Net Assets 2012: $798,7452012Assets 2013: $2,616,379Liabilities 2013: $1,536,496Net Assets 2013: $1,079,8832013Assets 2014: $2,885,234Liabilities 2014: $1,492,160Net Assets 2014: $1,393,0742014Assets 2015: $3,071,002Liabilities 2015: $1,762,124Net Assets 2015: $1,308,8782015Assets 2016: $3,468,967Liabilities 2016: $1,876,028Net Assets 2016: $1,592,9392016Assets 2017: $2,963,443Liabilities 2017: $863,859Net Assets 2017: $2,099,5842017Assets 2018: $3,413,227Liabilities 2018: $1,267,814Net Assets 2018: $2,145,4132018Assets 2019: $2,871,792Liabilities 2019: $468,972Net Assets 2019: $2,402,8202019Assets 2020: $3,444,081Liabilities 2020: $428,561Net Assets 2020: $3,015,5202020Assets 2021: $2,579,940Liabilities 2021: $538,166Net Assets 2021: $2,041,7742021Assets 2022: $2,601,969Liabilities 2022: $640,907Net Assets 2022: $1,961,0622022Assets 2023: $2,912,423Liabilities 2023: $388,687Net Assets 2023: $2,523,7362023Assets 2024: $3,694,640Liabilities 2024: $420,744Net Assets 2024: $3,273,8962024Assets 2025: $3,882,455Liabilities 2025: $321,033Net Assets 2025: $3,561,4222025

Highlighted filing

2018

Assets$3,413,227
Liabilities$1,267,814
Net Assets$2,145,413
Open 2018 Filing

Operations Trend

Revenue Growth33rd percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,790,4102010Expenses 2011: $2,019,6412011Expenses 2012: $1,895,2962012Expenses 2013: $1,924,1842013Revenue 2014: $2,425,583Expenses 2014: $2,167,111Net Income 2014: $258,4722014Revenue 2015: $2,654,091Expenses 2015: $2,727,189Net Income 2015: -$73,0982015Revenue 2016: $2,605,355Expenses 2016: $2,272,566Net Income 2016: $332,7892016Revenue 2017: $2,983,619Expenses 2017: $2,508,088Net Income 2017: $475,5312017Revenue 2018: $2,898,531Expenses 2018: $2,871,254Net Income 2018: $27,2772018Revenue 2019: $3,370,576Expenses 2019: $2,751,595Net Income 2019: $618,9812019Revenue 2020: $3,284,680Expenses 2020: $2,685,700Net Income 2020: $598,9802020Revenue 2021: $613,968Expenses 2021: $1,587,714Net Income 2021: -$973,7462021Revenue 2022: $1,693,845Expenses 2022: $1,774,557Net Income 2022: -$80,7122022Revenue 2023: $2,794,059Expenses 2023: $2,231,385Net Income 2023: $562,6742023Revenue 2024: $3,040,183Expenses 2024: $2,290,023Net Income 2024: $750,1602024Revenue 2025: $2,728,395Expenses 2025: $2,440,869Net Income 2025: $287,5262025

Highlighted filing

2018

Revenue$2,898,531
Expenses$2,871,254
Net Income$27,277
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 20, 2019
Return Version
2017v2.3
Gross Receipts
$4,268,295
Mission and Program Overview

Mission

To promote, cultivate, encourage, and stimulate professional and cultural relationships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,308,149$909,542▼ $398,607
Accounts Receivable$667,996$898,191▲ $230,195
Investments in Publicly Traded Securities-$641,577-
Investments Other Securities$542,111$569,086▲ $26,975
Land, Buildings, and Equipment, Net$422,386$365,673▼ $56,713
Inventories for Sale or Use$18,437$23,453▲ $5,016
Prepaid Expenses and Deferred Charges$4,164$5,505▲ $1,341
Cash and Non-Interest-Bearing Accounts$200$200→ $0
Total Assets$2,963,443$3,413,227▲ $449,784
Liabilities
Other Liabilities$572,331$837,181▲ $264,850
Accounts Payable and Accrued Expenses$208,636$368,321▲ $159,685
Deferred Revenue$82,892$62,312▼ $20,580
Total Liabilities$863,859$1,267,814▲ $403,955
Net Assets / Fund Balance
Unrestricted Net Assets$2,036,775$2,082,604▲ $45,829
Permanently Rstr Net Assets$62,809$62,809→ $0
Total Net Assets Fund Balance$2,099,584$2,145,413▲ $45,829
Total Liabilities and Net Assets / Fund Balance$2,963,443$3,413,227▲ $449,784

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$314,445$1,497,278$1,811,723
Other Land Buildings$19,080$258,764$277,844
Equipment$32,148$98,903$131,051
Other Securities$569,086--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$542,111-▲ $26,975-$569,086
2016$510,997-▲ $31,114-$542,111
2015$559,725-▼ $48,728-$510,997
2014$570,823-▼ $11,098-$559,725
2013$516,104-▲ $54,719-$570,823
Compensation and Service Providers
Top Officer Pay51st percentile

Board Members and Trustees

NameTitle
Allan Gibofsky MdPresident
Calvin W Roberts MdDirector
Charles Inturrisi PhdDirector
Daniel Libby MdDirector
David P Hajjar PhdDirector
David Shapiro MdDirector
Frank Chervenak MdDirector
Jeff BokserDirector
Joseph FinsDirector
Joseph Markenson MdDirector
Scott DavidDirector
Thomas Wickiewicz MdDirector
Edward C WalshSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Aramark Business ServicesKitchen StaffPO BOX 7780-4230, Philadelphia, PA 19182$1,316,429
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$76,901
Investment Income
$29,322
Other Revenue
$2,792,308
Change in Net Assets
$27,277

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,848,531
Revenue Not Reported on Financial Statements
$50,000
Revenue Not Reported on Form 990
$1,388,316
Other Revenue Adjustments
$50,000
Total Revenue per Audited Statements
$4,236,847
Total Revenue per Form 990
$2,898,531
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,120,350
Salaries, Compensation, and Employee Benefits$750,904
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$1,058,504
Other Salaries and Wages---$578,369
Other Employee Benefits---$172,535
Office Expenses---$170,991
All Other Expenses---$118,644
Other Expenses---$97,411
Depreciation Depletion---$88,893
Information Technology---$82,623
Travel---$67,955
Fees for Services Accounting---$22,290
Insurance---$11,356
Total Functional Expenses$0$0$0$2,871,254

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,191,018
Total Expenses per Form 990$2,871,254
Expenses per Audited Statements$2,821,254
Expenses Not Reported on Form 990$1,369,764
Expenses Not Reported on Financial Statements$50,000
Other Expense Adjustments$50,000
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
Due to Weill Cornell Medicine, Net$794,054
Member Refunds Payable$43,127
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The completed form 990 is reviewed and signed by the club president and/or secretary/treasurer on behalf of the board before it is filed with the internal revenue service.”

Form 990, Part VI, Section C, Line 19

“The club makes its governing documents, conflict of interest policy and financial statements available to the membership upon request. Documents not made available to the public.”

Filing and Contact Details

Filer

Filer Name
Griffis Faculty Club Inc
EIN
23-7137817
Phone
2127466100
Address
521 EAST 68TH STREET, NEW YORK, NY 10021

Signing Officer

Name
Edward C Walsh
Title
Treasurer
Phone
2127466100
Signed
2019-05-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward C Walsh
Formed
1963
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

Part III - Line 1

“Griffis faculty club, inc. (the "club") is a private nonprofit organization providing meeting, dining, facilities and services for the use of the club's members and their guests. The purpose of the club is to promote, cultivate, encourage, and stimulate professional and cultural relationships among the faculty, administrative officers, and professional staff members of the new york presbyterian hospital (the "hospital"), the joan and sanford i. Weill medical college university (the "medical college"), and their affiliated institutions.”

Form 990, Part IX, Line 11G

“Contract outside services 614,109. Temporary help 444,395.”

Parrt I - Line 5 & Part V - Line 1

“Griffis faculty club, inc. Pays/reimburses weill medical college of cornell university for compensation and benefits due to the college's employees serving griffis faculty club, inc. Those employees are paid directly by weill medical college of cornell university.”

Financial Statement Notes

PART V, LINE 4:

“Permanently restricted net assets: permanently restricted net assets are net assets subject to donor imposed stipulations that they be maintained permanently. The income is to be used in connection with the operations, refurbishing, etc. Of the club. Board designated net assets: the board has restricted funds for club operations.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 1,369,764.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Cafe management cost recovery charge 50,000.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 1,369,764.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Cafe management cost recovery charge 50,000.”

Raw XML AppendixShowing 400 of 446 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/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01854945
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0422386
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0365673
IRS990/LandBldgEquipCostOrOtherBssAmt02220618
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02099584
IRS990/NetAssetsOrFundBalancesEOYAmt02145413
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02710138
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt02760138
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt050000
IRS990/NetUnrelatedBusTxblIncmAmt026322
IRS990/NetUnrlzdGainsLossesInvstAmt018552
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0170991
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0172535
IRS990/OtherExpensesGrp/Desc0UNRELATED BUS. INCOME T
IRS990/OtherExpensesGrp/Desc1PARTY RENTALS
IRS990/OtherExpensesGrp/Desc2KITCHEN & REST. SUPPLIE
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt02645
IRS990/OtherExpensesGrp/TotalAmt1203550
IRS990/OtherExpensesGrp/TotalAmt2195488
IRS990/OtherExpensesGrp/TotalAmt397411
IRS990/OtherLiabilitiesGrp/BOYAmt0572331
IRS990/OtherLiabilitiesGrp/EOYAmt0837181
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0SERVICE FEES
IRS990/OtherRevenueMiscGrp/Desc1OTHER
IRS990/OtherRevenueMiscGrp/ExclusionAmt011337
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020833
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt111337
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt020833
IRS990/OtherRevenueTotalAmt032170
IRS990/OtherSalariesAndWagesGrp/TotalAmt0578369
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt062809
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt062809
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04164
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05505
IRS990/PrincipalOfficerNm0EDWARD C WALSH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt076901
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt076901
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030292
IRS990/PYOtherExpensesAmt01866047
IRS990/PYOtherRevenueAmt02843479
IRS990/PYProgramServiceRevenueAmt0109848
IRS990/PYRevenuesLessExpensesAmt0475531
IRS990/PYSalariesCompEmpBnftPaidAmt0642041
IRS990/PYTotalExpensesAmt02508088
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02983619
IRS990/ReconcilationRevenueExpnssAmt027277
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01308149
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0909542
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.88960
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0542111
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0569086
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt026975
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0510997
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0542111
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt031114
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0559725
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0510997
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-48728
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0570823
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0559725
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-11098
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0516104
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0570823
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt054719
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt032148
IRS990ScheduleD/EquipmentGrp/DepreciationAmt098903
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0131051
IRS990ScheduleD/ExpensesNotReportedAmt01369764
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt050000
IRS990ScheduleD/ExpensesSubtotalAmt02821254
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0314445
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01497278
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01811723
IRS990ScheduleD/NetUnrealizedGainsInvstAmt018552
IRS990ScheduleD/OtherExpensesIncludedAmt01369764
IRS990ScheduleD/OtherExpensesNotIncludedAmt050000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt019080
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0258764
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0277844
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0794054
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt143127
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO WEILL CORNELL MEDICINE, NET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBER REFUNDS PAYABLE
IRS990ScheduleD/OtherRevenueAmt01369764
IRS990ScheduleD/OtherRevenuesNotIncludedAmt050000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0569086
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS HELD BY CORNELL U.
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.11040
IRS990ScheduleD/RevenueNotReportedAmt01388316
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt050000
IRS990ScheduleD/RevenueSubtotalAmt02848531
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PERMANENTLY RESTRICTED NET ASSETS: PERMANENTLY RESTRICTED NET ASSETS ARE NET ASSETS SUBJECT TO DONOR IMPOSED STIPULATIONS THAT THEY BE MAINTAINED PERMANENTLY. THE INCOME IS TO BE USED IN CONNECTION WITH THE OPERATIONS, REFURBISHING, ETC. OF THE CLUB. BOARD DESIGNATED NET ASSETS: THE BOARD HAS RESTRICTED FUNDS FOR CLUB OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 1,369,764.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CAFE MANAGEMENT COST RECOVERY CHARGE 50,000.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3COST OF GOODS SOLD 1,369,764.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4CAFE MANAGEMENT COST RECOVERY CHARGE 50,000.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0365673
IRS990ScheduleD/TotalBookValueSecuritiesAmt0569086
IRS990ScheduleD/TotalExpensesPerForm990Amt02871254
IRS990ScheduleD/TotalLiabilityAmt0837181
IRS990ScheduleD/TotalRevenuePerForm990Amt02898531
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04236847
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04191018
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRIFFIS FACULTY CLUB, INC. (THE "CLUB") IS A PRIVATE NONPROFIT ORGANIZATION PROVIDING MEETING, DINING, FACILITIES AND SERVICES FOR THE USE OF THE CLUB'S MEMBERS AND THEIR GUESTS. THE PURPOSE OF THE CLUB IS TO PROMOTE, CULTIVATE, ENCOURAGE, AND STIMULATE PROFESSIONAL AND CULTURAL RELATIONSHIPS AMONG THE FACULTY, ADMINISTRATIVE OFFICERS, AND PROFESSIONAL STAFF MEMBERS OF THE NEW YORK PRESBYTERIAN HOSPITAL (THE "HOSPITAL"), THE JOAN AND SANFORD I. WEILL MEDICAL COLLEGE UNIVERSITY (THE "MEDICAL COLLEGE"), AND THEIR AFFILIATED INSTITUTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPLETED FORM 990 IS REVIEWED AND SIGNED BY THE CLUB PRESIDENT AND/OR SECRETARY/TREASURER ON BEHALF OF THE BOARD BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CLUB MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE MEMBERSHIP UPON REQUEST. DOCUMENTS NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT OUTSIDE SERVICES 614,109. TEMPORARY HELP 444,395.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GRIFFIS FACULTY CLUB, INC. PAYS/REIMBURSES WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY FOR COMPENSATION AND BENEFITS DUE TO THE COLLEGE'S EMPLOYEES SERVING GRIFFIS FACULTY CLUB, INC. THOSE EMPLOYEES ARE PAID DIRECTLY BY WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III - LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PARRT I - LINE 5 & PART V - LINE 1
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02963443
IRS990/TotalAssetsEOYAmt03413227
IRS990/TotalAssetsGrp/BOYAmt02963443
IRS990/TotalAssetsGrp/EOYAmt03413227
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02871254
IRS990/TotalGrossUBIAmt0100155
IRS990/TotalLiabilitiesBOYAmt0863859
IRS990/TotalLiabilitiesEOYAmt01267814
IRS990/TotalLiabilitiesGrp/BOYAmt0863859
IRS990/TotalLiabilitiesGrp/EOYAmt01267814
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02099584
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02145413
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt076901
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt011337
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02787039
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02898531
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0100155
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02963443
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03413227
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt067955
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,413,227
Liabilities
$1,267,814
Net assets
$2,145,413
Revenue
$2,898,531
Expenses
$2,871,254
Net income
$27,277
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.88$0.32$3.56$2.73$2.44$0.29
2024Detailed filing. Detailed filing data is available for this year.$3.69$0.42$3.27$3.04$2.29$0.75
2023Detailed filing. Detailed filing data is available for this year.$2.91$0.39$2.52$2.79$2.23$0.56
2022Detailed filing. Detailed filing data is available for this year.$2.60$0.64$1.96$1.69$1.77$0.08
2021Detailed filing. Detailed filing data is available for this year.$2.58$0.54$2.04$0.61$1.59$0.97
2020Detailed filing. Detailed filing data is available for this year.$3.44$0.43$3.02$3.28$2.69$0.60
2019Detailed filing. Detailed filing data is available for this year.$2.87$0.47$2.40$3.37$2.75$0.62
2018Detailed filing. Detailed filing data is available for this year.$3.41$1.27$2.15$2.90$2.87$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.96$0.86$2.10$2.98$2.51$0.48
2016Detailed filing. Detailed filing data is available for this year.$3.47$1.88$1.59$2.61$2.27$0.33
2015Detailed filing. Detailed filing data is available for this year.$3.07$1.76$1.31$2.65$2.73$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.89$1.49$1.39$2.43$2.17$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$1.54$1.08$1.92
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$1.44$0.80$1.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$1.88$0.71$2.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$1.83$0.81$1.79