SECESSION GOLF CLUB INC

EIN: 260178692 Recreation & Sports

BEAUFORT, SC

Total Revenue
$9,543,134
Total Expenses
$10,582,854
Total Assets
$24,802,262
Net Assets
$14,676,068
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
SC
Principal Officer
DARRIN HELFRICK
Phone
8435224600
Tax Period
2024-07-01 to 2025-06-30

SECESSION GOLF CLUB INC, founded in 2007, is a community nonprofit in the Recreation & Sports sector that reported $9.5M in total revenue in fiscal year 2024. Expenses of $10.6M exceeded revenue, resulting in a 11% operating deficit.

Mission

SECESSION GOLF CLUB, INC., IS A NONPROFIT CORPORATION FOR THE PURPOSE OF OPERATING AS A NATIONAL GOLF CLUB, INCLUDING A GOLF COURSE, GOLF SHOP, CLUBHOUSE WITH OVERNIGHT ACCOMODATIONS, A RESTAURANT, AND A BAR FOR ITS APPROXIMATELY 750 MEMBERS.

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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 $9,779,250
Investment Income $163,065
Other Revenue $-399,181
TOTAL REVENUE $9,543,134

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,574,047
Fundraising Expenses $0
Program Expenses $8,409,609
Other Expenses $5,008,807
TOTAL EXPENSES $10,582,854

Year-over-Year Comparison

2024 2023 Change
Revenue $9,543,134 $9,569,434 0.0%
Expenses $10,582,854 $9,979,772 +0.1%
Net Income $-1,039,720 $-410,338 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
165
Volunteers
N/A

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
1
$38,097
Total Directors
9
$38,097
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS DONAHUE BOARD MEMBER 5.00
Director
$0 $0 $0
GRANT LARLEE BOARD MEMBER 5.00
Director
$0 $0 $0
DREW KLEPCHICK BOARD MEMBER 5.00
Director
$0 $0 $0
MARK SOLOW PRESIDENT 20.00
Officer Director
$38,097 $0 $38,097
BILL MUCKIAN BOARD MEMBER 5.00
Director
$0 $0 $0
VINNY MASSINA BOARD MEMBER 5.00
Director
$0 $0 $0
RALPH IRELAND BOARD MEMBER 5.00
Director
$0 $0 $0
VINCE SUMNER BOARD MEMBER 5.00
Director
$0 $0 $0
MICHAEL SPEARS BOARD MEMBER 5.00
Director
$0 $0 $0
MARK MITCHELL GOLF COURSE SUPERINTENDANT 40.00
Highest
$392,802 $0 $392,802
KORY REITZ DIRECTOR OF GOLF 40.00
Highest
$269,076 $0 $269,076
DARRIN HELFRICK GENERAL MANAGER 40.00
Highest
$322,000 $0 $322,000
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
2025 $9,543,134 $10,582,854 $24,802,262 $-1,039,720
2024 No data No data No data No data
2023 $10,669,271 $8,677,469 $24,287,475 $1,991,802
2022 $9,141,705 $8,061,978 $22,397,707 $1,079,727
2021 $9,696,208 $7,166,337 $21,284,960 $2,529,871
2020 $6,543,820 $6,424,443 $19,471,724 $119,377
2019 $7,286,098 $6,324,255 $18,680,670 $961,843
2018 $6,504,638 $6,281,574 $18,218,830 $223,064
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