Morris County Golf Club

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

22 people listed

BROMAGE DANIEL (GM/COO): $410,166 total reported compensation
BOSTROM KNUT MARTIN (DIRECTOR OF RACQUETS): $273,164 total reported compensation
PLITT ADAM (EXECUTIVE CHEF): $265,564 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

To provide facilities to play golf and other recreational activities and maintains a clubhouse with dining facilities.

Tax exempt club activities.

Revenue model: Earned-program. 100% 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 available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- 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

Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
Governance controls: 7 of 8 controls in place; rating input score 88
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 11.6%; rating input score 71; 71st percentile among comparable filings
Total-asset coverage ratio: 2.33; rating input score 67; 67th percentile among comparable filings
Liabilities to assets ratio: 0.28; rating input score 48; 48th percentile among comparable filings
Officer compensation ratio: 13.6%; rating input score 11; 11th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 8.7% per year; rating input score 100; 68th percentile among comparable filings
Asset growth: 7.5% per year; rating input score 100; 52nd percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 15 of 15 board members independent · 7 of 8 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $410K · 22 people listed · 3 of 6 pay-setting controls reported
Highest-paid contractors: 5 contractors listed · $1.7M reported
Consistency: 12 of 12 current checks pass
Schedules: 3 filed schedules · includes executive pay
Filing history: 7 filing years from 2018 to 2024
Contacts: How to reach this organization
Money network: 7 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.

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

Review — Accountability: Governance controls: Form 990 shared with the board not reported.
High — Sustainability: Officer compensation ratio scored 11/100.
Moderate — Sustainability: Liabilities to assets ratio scored 48/100.