SANDS POINT GOLF CLUB INC

EIN: 111284745

SANDS POINT, NY

Total Revenue
$7,579,245
Total Expenses
$6,860,178
Total Assets
$12,572,974
Net Assets
$9,484,020
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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
1927
Legal Domicile
NY
Principal Officer
STEPHEN DILASCIO
Phone
5168833077
Tax Period
2024-01-01 to 2024-12-31

SANDS POINT GOLF CLUB INC, founded in 1927, is a community nonprofit that reported $7.6M in total revenue in fiscal year 2024. Expenses of $6.9M left a modest 9% surplus.

Mission

TO ENCOURAGE & STIMULATE AN INTEREST IN 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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,190,112
Investment Income $122,758
Other Revenue $2,266,375
TOTAL REVENUE $7,579,245

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,981,989
Fundraising Expenses $0
Other Expenses $2,878,189
TOTAL EXPENSES $6,860,178

Year-over-Year Comparison

2024 2023 Change
Revenue $7,579,245 $7,046,014 +0.1%
Expenses $6,860,178 $6,649,686 +0.0%
Net Income $719,067 $396,328 +0.8%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
93
Volunteers
15

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
15
$0
Key Employees
2
$633,521
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN DILASCIO PRESIDENT 3.00
Officer Director
$0 $0 $0
DAVID WITTELS VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
ROBERT T GRANT SECRETARY 3.00
Officer Director
$0 $0 $0
JACK VISSICCHIO TREASURER 3.00
Officer Director
$0 $0 $0
LEE BRODSKY GOVERNOR 3.00
Director
$0 $0 $0
MICHAEL GARMISA GOVERNOR 3.00
Director
$0 $0 $0
GEORGE ZAHRINGER IV GOVERNOR 3.00
Director
$0 $0 $0
ADAM RADOSTI GOVERNOR 3.00
Director
$0 $0 $0
RICHARD M MINIERI GOVERNOR 3.00
Director
$0 $0 $0
CHARLES CACCAVO GOVERNOR 3.00
Director
$0 $0 $0
ALAN PERLMUTTER GOVERNOR 3.00
Director
$0 $0 $0
MICHAEL O'REILLY GOVERNOR 3.00
Director
$0 $0 $0
ANDREW GORDON GOVERNOR 3.00
Director
$0 $0 $0
KENNETH TULLY JR GOVERNOR 3.00
Director
$0 $0 $0
BRIAN HULL GOVERNOR 3.00
Director
$0 $0 $0
PATRICK RYAN GREENS SUPERINTENDENT 55.00
Key Emp
$320,223 $42,054 $362,277
ROBERT GICK CHIEF OPERATING OFFICER 55.00
Key Emp
$243,869 $27,375 $271,244
JOCHEN VOSS FORMER EXECUTIVE CHEF 55.00
Highest
$139,533 $12,621 $152,154
JACQUELYN BURD CHIEF FINANCIAL OFFICER 40.00
Highest
$165,995 $14,733 $180,728
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 $7,579,245 $6,860,178 $12,572,974 $719,067
2023 $7,046,014 $6,649,686 $11,941,742 $396,328
2022 $7,762,065 $6,390,212 $12,160,697 $1,371,853
2021 $7,074,396 $5,677,579 $10,950,806 $1,396,817
2020 $5,260,551 $4,763,358 $9,617,836 $497,193
2019 $5,048,176 $4,708,596 $9,606,915 $339,580
2018 $4,709,144 $4,778,516 $6,926,162 $-69,372
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