Quarry Golf Club Inc
Nonprofit profile at a glance
- EIN
- 474889313
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Naples, FL, USA
- Phone
- 2392603760
- Rating confidence
- Limited
- Sector
- Human Services
Reported finances
- Revenue
- $11,066,413
- Expenses
- $9,933,416
- Assets
- $25,178,668
- Liabilities
- $14,862,152
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- JIM WIETRAK (PRESIDENT)
Highest reported compensation
- MARKUS RENTZING (GENERAL MANAGER): $233,161 total reported compensation
- RODNEY WHISMAN (FORMER GOLF COURSE SUPERINTENDENT): $228,615 total reported compensation
- PATRICK DOYLE (HEAD GOLF PROFESSIONAL): $153,533 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The nature and purpose of the club is to own and operate a private country club for the recreation, pleasure and benefit of its members and their guests, and others permitted to use the facilities owned and operated by the club. The club's facilities owned by the club as well as such additional facilities as may be developed by the club from time to time are: (i) an 18-hole golf course, (ii) golf practice facilities including a golf practice range, putting green, chipping green, and short-game area, and (iii) a golf clubhouse offering a main dining room, private dining room, grille room, golf shop, men's and women's locker room facilities, a golf fitness room, golf bag storage facilities, board room, administrative offices and patio/terrace areas.
What it reported doing in 2024
Tax exempt club activities.
Operating model
- Revenue model
- Earned-program. 96% 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: 82
- Accountability: 100
- Sustainability: 58
- 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: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- 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
Accountability
- Independent voting board: 100%; rating input score 100; 66th 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: 10.2%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 2.53; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0.59; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 10.3%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 15.3% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 12.6% per year; rating input score 100; 74th 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 · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $233K · 15 people listed · 4 of 6 pay-setting controls reported
- Consistency: 14 of 14 current checks pass
- Schedules: 3 filed schedules · includes executive pay
- Filing history: 8 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 6 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.
- High — Sustainability: Officer compensation ratio scored 19/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.