PUNTA BORINQUEN GOLF AND COUNTRY CLUB INC

EIN: 660421076 501(c)(3) Recreation & Sports

AGUADILLA, PR

Total Revenue
$1,090,479
Total Expenses
$1,062,098
Total Assets
$811,740
Net Assets
$502,725
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
PR
Principal Officer
RAFAEL SANCHEZ
Phone
7878902987
Tax Period
2023-01-01 to 2023-12-31

PUNTA BORINQUEN GOLF AND COUNTRY CLUB INC, founded in 1986, is a community nonprofit in the Recreation & Sports sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

The mission of this nonprofit organization shall be to organize, develop and sponsor golf in the Western area of Puerto Rico. Working together as a team, the Punta Borinquen Golf & Country Club Directors and staff will strive to provide superior customer service standards with respect to course conditions, golf shop services, player development programs, affordability, and food and beverage service. The course will be operated in an environmentally conscious manner and will aspire to be known as the first course to consider when deciding where to play.

Program Service Accomplishments

Program 1
Expenses: $931,001 Revenue: $763,348

In 2023, we provide the community with recreational facilities promoting health and wellness to citizens of the island, business, community organizations and visitors.

Program 2
Expenses: $121,714 Revenue: $280,478

In 2023 we provide dining facilities and mercandise was sold for the benefit of our visitors. This includes food and beverages services, equipment rental and golf instruction services.

Program 3
Expenses: $9,383 Revenue: $46,653

In 2023 we provide clinics, tournaments, Summer camps for children and women's golf day.

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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 $1,090,479
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,090,479

Expense Breakdown

Grants Paid $0
Salaries & Benefits $451,504
Fundraising Expenses $0
Program Expenses $1,062,098
Other Expenses $610,594
TOTAL EXPENSES $1,062,098

Year-over-Year Comparison

2023 2022 Change
Revenue $1,090,479 $997,410 +0.1%
Expenses $1,062,098 $945,427 +0.1%
Net Income $28,381 $51,983 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
35
Volunteers
7

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAFAEL SANCHEZ PRESIDENT 15
Officer
$0 $0 $0
ISRAEL FLORES VICEPRESIDENT 10
Officer
$0 $0 $0
JOSE LOPEZ SECRETARY 15
Officer
$0 $0 $0
ELADIO PEREZ TREASURER 15
Officer
$0 $0 $0
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 $1,090,479 $1,062,098 $811,740 $28,381
2022 $997,410 $945,427 $616,381 $51,983
2021 $1,018,273 $942,736 $579,853 $75,537
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