Hole-in-the-wall Golf Club Inc
Nonprofit profile at a glance
- EIN
- 590818061
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Naples, FL, USA
- Phone
- 2396590164
- Rating confidence
- Limited
Reported finances
- Revenue
- $6,917,630
- Expenses
- $6,700,931
- Assets
- $23,837,502
- Liabilities
- $4,836,420
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- COLLEEN ARNOLD (PRESIDENT)
- RICHARD SCHWOB (2ND VICE PRESIDENT/DIRECTOR)
- JAMES HEALEY (VICE PRESIDENT/DIRECTOR)
- MIKE CARSON (PRESIDENT/1ST VICE PRESIDENT)
Highest reported compensation
- NICHOLAS SABATINO (GOLF COURSE SUPERINTENDENT): $307,728 total reported compensation
- JONATHAN BUDDENHAGEN (GOLF PROFESSIONAL): $213,342 total reported compensation
- DAVID WHITE (CHIEF FINANCIAL OFFICER): $201,830 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hole-in-the-wall golf club, inc. 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 2024
A private club offering golf, golf instruction, and related services and clubhouse facilities for its members.
Operating model
- Revenue model
- Earned-program. 78% 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: 77
- Accountability: 100
- Sustainability: 52
- 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; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- 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; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.1%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 3.56; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 13.4%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 17th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $308K · 19 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $396K reported
- Consistency: 13 of 13 current checks pass
- Schedules: 3 filed schedules · includes executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 4 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.
- Moderate — Sustainability: Operating margin scored 45/100.
- High — Sustainability: Officer compensation ratio scored 22/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.