Eastpointe Country Club Inc

Nonprofit profile at a glance

EIN
591839098
IRS 990 coverage
2012–2023
Forms available
Form 990 2023
Location
Palm Beach Gardens, FL, USA
Phone
5616266860
Rating confidence
Limited

Official website

Reported finances

Revenue
$21,041,205
Expenses
$15,888,079
Assets
$33,289,247
Liabilities
$12,183,838

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • DANIEL KILLORY (PRESIDENT - AS OF 07/24)
  • JEAN CORNET (PRESIDENT - 01/24 - 07/24)
  • LOU MANCINELLI (PRESIDENT - UNTIL 12/23, GOVERNOR)
  • JIM RATTIGAN GOVERNOR (UNTIL 07/24, VICE PRESIDENT)
  • CYNTHIA MANGIAFICO VICE (PRESIDENT - UNTIL 07/24, SECRETARY)

Highest reported compensation

  • JOHN SPIWAK (COURSE GROUNDS SUPERINTENDENT): $221,108 total reported compensation
  • SCOTT BESTER (FORMER GENERAL MANAGER): $209,549 total reported compensation
  • CHRISTOPHER NAPIERALSKI (DIRECTOR OF GOLF): $158,408 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Eastpointe country club (the club) is a social club whose exempt purpose is to promote social interaction of club members by providing dining and recreational activities.

What it reported doing in 2023

Food and beverage sales totaled $3,242,955 for fye 10/31/24. 44,628 rounds of golf were played during the year, of which 39,316 were member-related.

Operating model

Revenue model
Other-operating. 99% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 71
  • Accountability: 84
  • Sustainability: 68
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 24.5%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 2.1; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 7.3%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 12.4% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 14.9% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 8 of 8 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $221K · 22 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $2M reported
  • Consistency: 13 of 13 current checks pass
  • Schedules: 3 filed schedules · includes executive pay
  • Filing history: 12 filing years from 2012 to 2023
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.