LA GORCE COUNTRY CLUB INC

EIN: 590534558

MIAMI BEACH, FL

Total Revenue
$17,028,572
Total Expenses
$20,490,970
Total Assets
$43,976,469
Net Assets
$33,188,266
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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
1945
Legal Domicile
FL
Principal Officer
PETER HOCHFELDER
Phone
3058664421
Tax Period
2023-10-01 to 2024-09-30

LA GORCE COUNTRY CLUB INC, founded in 1945, is a mid-sized nonprofit that reported $17.0M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $20.5M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION.

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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 $14,254,846
Investment Income $265,270
Other Revenue $2,508,456
TOTAL REVENUE $17,028,572

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,909,689
Fundraising Expenses $0
Other Expenses $10,581,281
TOTAL EXPENSES $20,490,970

Year-over-Year Comparison

2023 2022 Change
Revenue $17,028,572 $15,465,834 +0.1%
Expenses $20,490,970 $18,674,932 +0.1%
Net Income $-3,462,398 $-3,209,098 +0.1%
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
9
Independent Members
9
Employees
195
Volunteers
120

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
6
$160,567
Total Directors
8
$0
Key Employees
1
$254,704
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN WHITEHEAD PRESIDENT 5.00
Officer Director
$0 $0 $0
BRIAN ROTHMAN 1ST VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
GREG DIAMOND SECRETARY 5.00
Officer Director
$0 $0 $0
JAVIER HOLTZ TREASURER 3.00
Officer Director
$0 $0 $0
HOWARD SWARZMAN GOVERNOR 3.00
Director
$0 $0 $0
LEE GIBSTEIN GOVERNOR 3.00
Director
$0 $0 $0
RAFAEL LLOPIZ GOVERNOR 3.00
Director
$0 $0 $0
PETER HOCHFELDER GOVERNOR 3.00
Director
$0 $0 $0
SEAMUS DOOLEY GENERAL MANAGER (AS OF 1/24) 40.00
Officer
$0 $0 $0
EDWIN CRUZ SENIOR CONTROLLER 40.00
Officer
$142,262 $18,305 $160,567
ADAM PHELAN DIRECTOR OF AGRONOMY 40.00
Key Emp
$238,208 $16,496 $254,704
JARRYD WOOD GOLF PROFESSIONAL 40.00
Highest
$263,948 $5,644 $269,592
JOELLE DANIEL DIRECTOR OF FITNESS 40.00
Highest
$277,278 $0 $277,278
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 $17,028,572 $20,490,970 $43,976,469 $-3,462,398
2023 $15,465,834 $18,674,932 $37,716,726 $-3,209,098
2022 $13,942,904 $17,155,815 $31,952,280 $-3,212,911
2021 $11,628,028 $15,065,876 $36,015,198 $-3,437,848
2020 $11,230,257 $13,418,134 $35,440,260 $-2,187,877
2019 $11,830,003 $14,164,473 $34,827,637 $-2,334,470
2018 $11,797,084 $13,864,448 $34,750,436 $-2,067,364
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