Civic Intelligence

Hobe Sound Golf Club Inc

EIN 65-0029400 • 501(c)7 • Hobe Sound, FL

PO Box 1129Hobe Sound, FL 33475-1129
Siviq Scores

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

Liabilities / Assets

23rd percentile

0.18x

Higher debt load relative to assets than 23% of similar nonprofits.

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

Liabilities / Revenue

46th percentile

0.59x

Higher debt load relative to revenue than 46% of similar nonprofits.

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

Net Margin

12th percentile

-8.4%

Higher net margin than 12% 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

49th percentile

3.6%

Faster asset growth than 49% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Annualized from 2021 to 2024

Revenue Growth

73rd percentile

13%

Faster revenue growth than 73% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Annualized from 2021 to 2024

Assets

Up

$17,850,707

Up $1,803,711 (+11%) from 2021

Liabilities

Down

$3,212,375

Down $1,184,775 (-27%) from 2021

Net Assets

Up

$14,638,332

Up $2,988,486 (+26%) from 2021

Revenue

Up

$5,467,539

Up $1,712,003 (+46%) from 2021

Expenses

Up

$5,925,610

Up $1,412,671 (+31%) from 2021

Net Income

Up

-$458,071

Up $299,332 (+40%) from 2021

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $12,361,512Liabilities 2010: $1,108,554Net Assets 2010: $11,252,9582010Assets 2011: $12,331,098Liabilities 2011: $1,220,894Net Assets 2011: $11,110,2042011Assets 2012: $11,943,606Liabilities 2012: $1,069,882Net Assets 2012: $10,873,7242012Assets 2013: $12,034,058Liabilities 2013: $1,340,871Net Assets 2013: $10,693,1872013Assets 2014: $11,845,215Liabilities 2014: $1,288,943Net Assets 2014: $10,556,2722014Assets 2015: $12,063,042Liabilities 2015: $1,567,964Net Assets 2015: $10,495,0782015Assets 2016: $12,160,303Liabilities 2016: $1,692,584Net Assets 2016: $10,467,7192016Assets 2017: $12,416,602Liabilities 2017: $2,115,348Net Assets 2017: $10,301,2542017Assets 2018: $12,611,762Liabilities 2018: $2,202,649Net Assets 2018: $10,409,1132018Assets 2019: $15,061,862Liabilities 2019: $4,054,186Net Assets 2019: $11,007,6762019Assets 2021: $16,046,996Liabilities 2021: $4,397,150Net Assets 2021: $11,649,8462021Assets 2024: $17,850,707Liabilities 2024: $3,212,375Net Assets 2024: $14,638,3322024

Highlighted filing

2024

Assets$17,850,707
Liabilities$3,212,375
Net Assets$14,638,332

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,726,9512010Revenue 2011: $2,622,669Expenses 2011: $2,698,749Net Income 2011: -$76,0802011Revenue 2012: $2,442,804Expenses 2012: $2,668,976Net Income 2012: -$226,1722012Revenue 2013: $2,457,256Expenses 2013: $2,669,191Net Income 2013: -$211,9352013Revenue 2014: $2,459,642Expenses 2014: $2,692,561Net Income 2014: -$232,9192014Revenue 2015: $2,589,971Expenses 2015: $2,892,745Net Income 2015: -$302,7742015Revenue 2016: $2,941,337Expenses 2016: $3,237,611Net Income 2016: -$296,2742016Revenue 2017: $2,893,928Expenses 2017: $3,271,430Net Income 2017: -$377,5022017Revenue 2018: $3,297,137Expenses 2018: $3,503,807Net Income 2018: -$206,6702018Revenue 2019: $2,060,562Expenses 2019: $3,383,805Net Income 2019: -$1,323,2432019Revenue 2021: $3,755,536Expenses 2021: $4,512,939Net Income 2021: -$757,4032021Revenue 2024: $5,467,539Expenses 2024: $5,925,610Net Income 2024: -$458,0712024

Highlighted filing

2024

Revenue$5,467,539
Expenses$5,925,610
Net Income-$458,071

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2010 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Sep 23, 2011
Return Version
2010v3.4
Gross Receipts
$2,678,931
Mission and Program Overview

Mission

To bind members together by a common objective directed at pleasure and recreation.

Major Activities

Activity 2
The club maintains a dining facility for the benefit of its members and their guests. Total food & beverage sales for the year was $492,211 of which $52,853 was nonmember.
Filing and Contact Details

Filer

EIN
65-0029400
Raw XML AppendixShowing 400 of 412 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.

Path#Value
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IRS990/AccountsPayableAccruedExpenses/EOY0160133
IRS990/AccountsReceivable/BOY0123764
IRS990/AccountsReceivable/EOY0218410
IRS990/ActivitiesConductedPartnership00
IRS990/Activity2/Description0THE CLUB MAINTAINS A DINING FACILITY FOR THE BENEFIT OF ITS MEMBERS AND THEIR GUESTS. TOTAL FOOD & BEVERAGE SALES FOR THE YEAR WAS $492,211 OF WHICH $52,853 WAS NONMEMBER.
IRS990/ActivityOrMissionDescription0TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION.
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IRS990/Description0THE CLUB MAINTAINS AND OPERATES ONE 18 HOLE GOLF COURSE. ROUNDS PLAYED DURING THE YEAR WERE APPROXIMATELY 18,134 OF WHICH 2,695 WERE NONMEMBER RELATED.
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IRS990/Form990PartVIISectionA/OtherCompensation116777
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
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IRS990/Form990PartVIISectionA/Title0PRESIDENT
IRS990/Form990PartVIISectionA/Title1VICE-PRESIDENT
IRS990/Form990PartVIISectionA/Title2DIRECTOR
IRS990/Form990PartVIISectionA/Title3DIRECTOR
IRS990/Form990PartVIISectionA/Title4DIRECTOR
IRS990/Form990PartVIISectionA/Title5SECRETARY
IRS990/Form990PartVIISectionA/Title6DIRECTOR
IRS990/Form990PartVIISectionA/Title7TREASURER
IRS990/Form990PartVIISectionA/Title8DIRECTOR
IRS990/Form990PartVIISectionA/Title9CLUB MANAGER
IRS990/Form990PartVIISectionA/Title10CONTROLLER
IRS990/Form990PartVIISectionA/Title11COURSE SUPERINTENDENT
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IRS990/GrossReceiptsAmount0110536
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IRS990/InvestmentIncome/UnrelatedBusinessRevenue01589
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IRS990/LandBldgEquipmentAccumDeprec03591152
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IRS990/MissionDescription0GOLFING AND SOCIALIZING AT THE CLUBHOUSE ARE THE MEANS BY WHICH THE CLUB ACCOMPLISHES ITS TAX-EXEMPT PURPOSE, WHICH IS TO BIND ITS MEMBERS TOGETHER FOR PLEASURE AND RECREATION.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0RICHARD MALOOF
IRS990/NbrIndependentVotingMembers09
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IRS990/NbrVotingMembersGoverningBody09
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IRS990/NetIncomeOrLoss/RelatedOrExemptFunctionIncome0270075
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IRS990/NumberOfEmployees081
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IRS990/OtherExpenses/Description0GENERAL & ADMIN.
IRS990/OtherExpenses/Description1GOLF COURSE MAINTENANCE
IRS990/OtherExpenses/Description2FOOD & BEVERAGE
IRS990/OtherExpenses/Description3GOLF ACTIVITIES
IRS990/OtherExpenses/Description4MARKETING
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IRS990/OtherRevenueMisc/Description0OTHER INCOME
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF FIN 48.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1ISSUANCE OF MEMBERSHIP CERTIFICATES (NET) -106,293. RENOVATION ASSESSMENTS 55,320.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2COST OF GOODS SOLD 189,647.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation3COST OF GOODS SOLD 189,647.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1PART XI, LINE 8 - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier3PART XIII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART X:
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IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE CLUB AMENDED ITS BY-LAWS TO REFLECT THAT IF A RESIGNED EQUITY MEMBER DOES NOT PAY HIS OR HER OUTSTANDING BALANCES OWED TO THE CLUB, THEN HE OR SHE SHALL FORFEIT ALL OF THEIR EQUITY TO THE CLUB.
IRS990ScheduleO/GeneralExplanation/Explanation1THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: EQUITY MEMBERS AND EMERITUS MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE FOLLOWING DECISIONS REQUIRE THE APPROVAL OF VOTING MEMBERS: 1) BY LAW CHANGES. 2) SINGLE CAPITAL EXPENDITURE IN EXCESS OF $50,000.
IRS990ScheduleO/GeneralExplanation/Explanation4THE CLUB DOES NOT BELIEVE THAT IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW THE FORM 990 BEFORE IT IS FILED. THUS, THE GOVERNING BOARD HAS DELEGATED THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE PRESIDENT. THE PRESIDENT REVIEWS THE FORM 990, ALONG WITH THE CLUB'S OUTSIDE CPA PREPARERS, PRIOR TO THE FILING OF THE FORM WITH THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation5ALL POSSIBLE CONFLICTS OF INTEREST PERTAINING TO THE CLUB ARE REVIEWED AND DISCUSSED AT THE MONTHLY BOARD MEETINGS.
IRS990ScheduleO/GeneralExplanation/Explanation6THE BOARD REVIEWS STAFF SALARIES ANNUALLY USING AN EMPLOYEE COMPENSATION SURVEY FOR THE CLUB'S GEOGRAPHIC AREA. RECOMMENDATIONS AND MODIFICATIONS ARE REVIEWED BY THE BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation7THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation8THE CLUB PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation9ISSUANCE OF MEMBERSHIP CERTIFICATES (NET) -106,293. RENOVATION ASSESSMENTS 55,320. TOTAL TO FORM 990, PART XI, LINE 5: -50,973.
IRS990ScheduleO/GeneralExplanation/Explanation10NO CHANGE FROM PRIOR YEAR
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/Identifier2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/Identifier3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/GeneralExplanation/Identifier4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/Identifier5CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART XI, LINE 5:
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART XII, LINE 2C:
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IRS990/TheBooksAreInCareOf/AddressUS/State0FL
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode0334751129
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10BRIAN WOOLDRIDGE
IRS990/TheBooksAreInCareOf/TelephoneNumber07725464600
IRS990/TotalAssets/BOY012755985
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IRS990/TotalAssets/EOY012361512
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IRS990/TotalCompGT150K00
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IRS990/TotalFunctionalExpenses/Total02726951
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IRS990/TotalGrossUBI091761
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IRS990/TotalLiabilitiesBOY01209904
IRS990/TotalLiabilities/EOY01108554
IRS990/TotalLiabilitiesEOY01108554
IRS990/TotalLiabNetAssetsFundBalances/BOY012755985
IRS990/TotalLiabNetAssetsFundBalances/EOY012361512
IRS990/TotalNbrEmployees081
IRS990/TotalNbrVolunteers00
IRS990/TotalNetAssetsFundBalances/BOY011546081
IRS990/TotalNetAssetsFundBalances/EOY011252958
IRS990/TotalOtherCompensation013141
IRS990/TotalOtherRevenue044385
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceRevenue02140746
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg0255546
IRS990/TotalRevenueCurrentYear02484801
IRS990/TotalRevenue/ExclusionAmount0-4483
IRS990/TotalRevenuePriorYear02600445
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome02397523
IRS990/TotalRevenue/TotalRevenueColumn02484801
IRS990/TotalRevenue/UnrelatedBusinessRevenue091761
IRS990/TransactionRelatedEntity00
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome01
IRS990/UnrestrictedNetAssets/BOY011546081
IRS990/UnrestrictedNetAssets/EOY011252958
IRS990/UponRequest0X
IRS990/WebSite0WWW.HOBESOUNDGOLFCLUB.COM
IRS990/WhistleblowerPolicy01
IRS990/YearFormation01987
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/Filer/EIN0650029400
ReturnHeader/Filer/Name/BusinessNameLine10HOBE SOUND GOLF CLUB INC
ReturnHeader/Filer/NameControl0HOBE
ReturnHeader/Filer/Phone07725464600
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 1129
ReturnHeader/Filer/USAddress/City0HOBE SOUND
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode0334751129
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02011-09-23
ReturnHeader/Officer/Name0JACK CARTELLI
ReturnHeader/Officer/Phone07725464600
ReturnHeader/Officer/Title0TREASURER

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