ST GEORGE'S GOLF AND COUNTRY CLUB INC

EIN: 111279195

SETAUKET, NY

Total Revenue
$7,078,663
Total Expenses
$9,156,543
Total Assets
$4,188,723
Net Assets
$-232,518
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1917
Legal Domicile
NY
Principal Officer
PHILIP LISCIA
Phone
6317510388
Tax Period
2023-01-01 to 2023-12-31

ST GEORGE'S GOLF AND COUNTRY CLUB INC, founded in 1917, is a community nonprofit that reported $7.1M in total revenue in fiscal year 2023. Expenses of $9.2M exceeded revenue, resulting in a 29% operating deficit.

Mission

TO PROMOTE RECREATION AND DIVERSION HAPPINESS, HEALTH AND SOCIAL INTERACTION AMONG OUR MEMBERS WHILE PERPETUATING THE GREAT GAME OF GOLF.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,957,226
Investment Income $47,471
Other Revenue $2,073,966
TOTAL REVENUE $7,078,663

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,271,130
Fundraising Expenses $0
Other Expenses $5,885,413
TOTAL EXPENSES $9,156,543

Year-over-Year Comparison

2023 2022 Change
Revenue $7,078,663 $7,207,741 0.0%
Expenses $9,156,543 $6,631,076 +0.4%
Net Income $-2,077,880 $576,665 -4.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
127
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK MORGIGNO PRESIDENT 5.00
Officer Director
$0 $0 $0
MICHAEL LEVIN VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
ANDREA KOZLOWSKY SECRETARY 5.00
Officer Director
$0 $0 $0
PHILIP LISCIA TREASURER 5.00
Officer Director
$0 $0 $0
ROBERT MERRICK GOVERNOR 5.00
Director
$0 $0 $0
FRANK FUSCO GOVERNOR 5.00
Director
$0 $0 $0
JOSEPH DEAL GOVERNOR 5.00
Director
$0 $0 $0
RICK VAIRO GOVERNOR 5.00
Director
$0 $0 $0
JOSEPH CAMPOLO GOVERNOR 5.00
Director
$0 $0 $0
MICHAEL AGNES GOVERNOR 5.00
Director
$0 $0 $0
TODD KOZLOWSKY GOVERNOR 5.00
Director
$0 $0 $0
JOSEPH WEIMAR GOVERNOR 5.00
Director
$0 $0 $0
CHRIS CRENSHAW HEAD GOLF PRO 40.00
Highest
$127,819 $0 $127,819
PAOLO FONTANA CHEF 40.00
Highest
$222,487 $28,320 $250,807
BRIAN MACMILLAN GOLF COURSE SUPERINTENDENT 40.00
Highest
$141,203 $13,044 $154,247
WILLIAM PERRI CONTROLLER 40.00
Highest
$130,740 $13,133 $143,873
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $7,078,663 $9,156,543 $4,188,723 $-2,077,880
2022 $7,207,741 $6,631,076 $5,488,187 $576,665
2021 $5,777,471 $5,202,226 $4,165,981 $575,245
2020 $4,584,686 $4,532,872 $3,059,251 $51,814
2019 $4,733,545 $4,616,533 $2,744,829 $117,012
2018 $4,499,698 $4,845,163 $2,534,936 $-345,465
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