Wayzata Country Club

Nonprofit profile at a glance

EIN
410778776
IRS 990 coverage
2009–2023
Forms available
Form 990 2023
Location
Wayzata, MN, USA
Phone
9524738846
Rating confidence
Limited

Official website

Reported finances

Revenue
$11,041,533
Expenses
$10,970,631
Assets
$28,098,117
Liabilities
$11,593,001

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

Leadership & pay

23 people listed

Executive titles in this filing

  • JOE WINKELS (PAST PRESIDENT)
  • SARA AFDAHL (PRESIDENT)
  • MARK CAPECE (VICE PRESIDENT)

Highest reported compensation

  • CHRIS GERARDI (GENERAL MANAGER AND COO): $307,741 total reported compensation
  • JESSE TRCKA (SUPERINTENDENT): $182,075 total reported compensation
  • JAY FRITZKE (CLUB HOUSE MANAGEER): $166,930 total reported compensation

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

Overview

Mission

Wayzata country club shall be a premier, family-oriented private country club providing the members and their guests with championship golf, excellent dining, a variety of year-round recreational activities, and opportunities for quality social interaction.

What it reported doing in 2023

Wayzata country club is a private, member owned club located in picturesque wayzata, Minnesota. Rich in tradition, wayzata cc is more than a country club; it's a home where families come together. The tudor style clubhouse sits among beautiful greens, flower gardens and aged oaks; an inviting, relaxing environment away from the metropolitan bustle. In addition to 18-holes of championship golf, the 6-hole short course hosts the area's premier junior golf academy. The clubhouse features casual and formal dining with a beautiful atmosphere, exquisite service and the highest quality cuisine. Come enjoy a rejuvenating massage in our european spa, or take personal golf or tennis lessons from our professional staff. Our tennis facility features superiorly conditioned clay courts, hard courts, and heated year-round platform courts. The pool area, with our newly remodeled zero entry kiddie pool boasts playful water features. Our large pool is a place of relaxation for members in the hot Minnesota summer months, and a host to a competitive aquatics program. In the winter, members stay active with platform tennis, our trap and skeet range, and winter wonderland which include ice skating, hockey, sledding, cross-country skiing, and snowshoeing. Skiers can leave the rolling fairways to follow the trails on the groomed luce line, extending miles to the west.

Operating model

Revenue model
Other-operating. 94% 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: 45
  • 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: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.6%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 2.56; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0.41; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 10.3%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.3% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 1.9% per year; rating input score 100; 18th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 15 of 15 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $308K · 23 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 13 of 13 current checks pass
  • Schedules: 3 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2009 to 2023
  • 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.

Key Signals

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

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.