Hawk's Nest Golf Club Inc

Nonprofit profile at a glance

EIN
650081639
IRS 990 coverage
2011–2014
Forms available
Form 990 2014
Location
Vero Beach, FL, USA
Phone
7725699400
Rating confidence
Limited
Sector
Amateur Sports

Reported finances

Revenue
$2,209,501
Expenses
$2,829,684
Assets
$7,343,923
Liabilities
$3,088,552

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • PETER MCLACHLAN (PRESIDENT)
  • DAVID GRIFFEN (VICE PRESIDENT)

Highest reported compensation

  • CARLOS ARRAYA (CLUB HOUSE MANAGER): $103,390 total reported compensation
  • AMBER WOLVERTON (CONTROLLER): $75,749 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Hawk's nest golf club is a recreational club whose exempt purpose is to promote social interaction of club members by providing dining and recreational activities.

What it reported doing in 2014

The club has an 18 hole golf course. Total rounds of golf played for the year ended 4/30/15 was approximately 14,008 of which approximately 4,661 rounds were non-member related.

Operating model

Revenue model
Earned-program. 93% of the money available for current operations came from fees and other program 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: 90
  • Accountability: 74
  • Sustainability: 31
  • Growth: 0

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: Limited
  • 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; 65th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -28.1%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 2.6; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.42; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 6.3%; rating input score 37; 37th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -5.1% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -7% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 9 of 9 board members independent · 3 of 8 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $103K · 11 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2011 to 2014
  • Contacts: How to reach this organization
  • Money network: 2 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.

Key Signals

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

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
  • Moderate — Sustainability: Officer compensation ratio scored 37/100.