THE MOORINGS COUNTRY CLUB OF NAPLES INC

EIN: 591221044 Recreation & Sports

NAPLES, FL

Total Revenue
$5,338,006
Total Expenses
$4,381,147
Total Assets
$16,411,763
Net Assets
$13,645,016
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
FL
Principal Officer
MATT TORNOW
Phone
2392610909
Tax Period
2024-10-01 to 2025-09-30

THE MOORINGS COUNTRY CLUB OF NAPLES INC, founded in 1969, is a community nonprofit in the Recreation & Sports sector that reported $5.3M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $957K, a strong 18% operating margin.

Mission

TO PROMOTE THE SOCIAL RECREATION AND INTERACTION OF THE MEMBERS AND TO ENCOURAGE AN INTEREST IN GOLF AND DINING.

Program Service Accomplishments

Program 1

ONE OF THE CLUB'S PRIMARY PROGRAM SERVICES IS THE MAINTENANCE OF THE CLUB'S GOLF COURSE IN ORDER TO ATTRACT AND RETAIN DUES PAYING MEMBERS.

Program 2

THE CLUB'S LARGEST PROGRAM SERVICE IS PROVIDING FOOD AND BEVERAGE OPERATIONS AND SERVICES FOR ITS DUES PAYING MEMBERS.

Program 3

IN ADDITION TO MAINTAINING THE CLUB'S GOLF COURSE AS PREVIOUSLY NOTED, THE CLUB ALSO OPERATES THE GOLF COURSE BY OPERATING AND MAINTAINING A GOLF PRO SHOP WHICH PROVIDES AND RENTS GOLF CARTS, AND...

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IN ADDITION TO MAINTAINING THE CLUB'S GOLF COURSE AS PREVIOUSLY NOTED, THE CLUB ALSO OPERATES THE GOLF COURSE BY OPERATING AND MAINTAINING A GOLF PRO SHOP WHICH PROVIDES AND RENTS GOLF CARTS, AND OTHER SERVICES FOR 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 $4,759,847
Investment Income $235,819
Other Revenue $342,340
TOTAL REVENUE $5,338,006

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,873,672
Fundraising Expenses $0
Other Expenses $2,507,475
TOTAL EXPENSES $4,381,147

Year-over-Year Comparison

2024 2023 Change
Revenue $5,338,006 $4,195,233 +0.3%
Expenses $4,381,147 $3,515,560 +0.2%
Net Income $956,859 $679,673 +0.4%
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
80
Volunteers
24

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
9
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAYTON SCHWERIN PRESIDENT 6.00
Officer Director
$0 $0 $0
SAM LADD VICE PRESIDENT 6.00
Officer Director
$0 $0 $0
RON PERRI TREASURER 5.00
Officer Director
$0 $0 $0
DORIAN JORDAN SECRETARY 7.00
Officer Director
$0 $0 $0
MIKE FIELD DIRECTOR 4.00
Director
$0 $0 $0
MARY MORRIS DIRECTOR 4.00
Director
$0 $0 $0
SCOTT WEATHERBY DIRECTOR 4.00
Director
$0 $0 $0
KELLY DWYER DIRECTOR 4.00
Director
$0 $0 $0
RICHARD CURRAN DIRECTOR 4.00
Director
$0 $0 $0
MATTHEW TORNOW GENERAL MANAGER/COO 40.00
Highest
$191,370 $9,099 $200,469
MARY MAURAIS CONTROLLER 40.00
Highest
$143,020 $5,805 $148,825
SEAN DONOGHUE GOLF PRO 40.00
Highest
$120,261 $6,324 $126,585
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 $5,338,006 $4,381,147 $16,411,763 $956,859
2024 No data No data No data No data
2024 $4,195,233 $3,515,560 $13,752,382 $679,673
2023 $3,965,761 $3,219,377 $9,916,313 $746,384
2022 $4,259,229 $3,883,578 $7,410,926 $375,651
2021 $3,313,857 $3,335,029 $4,013,084 $-21,172
2020 $2,717,163 $3,229,502 $3,426,005 $-512,339
2019 $3,029,658 $3,402,614 $3,473,382 $-372,956
2018 $2,634,331 $3,125,776 $3,493,573 $-491,445
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