SEATTLE GOLF CLUB

EIN: 910402810

SHORELINE, WA

Total Revenue
$7,824,749
Total Expenses
$7,666,062
Total Assets
$17,674,014
Net Assets
$16,341,524
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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
1900
Legal Domicile
WA
Principal Officer
DR RICHARD JONES
Phone
2063635444
Tax Period
2023-01-01 to 2023-12-31

SEATTLE GOLF CLUB, founded in 1900, is a community nonprofit that reported $7.8M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Net assets of $16.3M represent 25 months of operating reserves.

Mission

OPERATION OF A PRIVATE CLUB FOR THE BENEFIT OF ITS MEMBERS AND THEIR GUESTS.

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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 $6,916,110
Investment Income $36,553
Other Revenue $872,086
TOTAL REVENUE $7,824,749

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,596,669
Fundraising Expenses $0
Other Expenses $3,069,393
TOTAL EXPENSES $7,666,062

Year-over-Year Comparison

2023 2022 Change
Revenue $7,824,749 $6,511,632 +0.2%
Expenses $7,666,062 $6,841,292 +0.1%
Net Income $158,687 $-329,660 -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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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
8
Independent Members
8
Employees
136
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
4
$0
Total Directors
8
$0
Key Employees
3
$856,397
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR RICHARD JONES PRESIDENT N/A
Officer Director
$0 $0 $0
CHUCK NELSON VICE PRESIDE N/A
Officer Director
$0 $0 $0
JOHN D DELAFIELD SECRETARY N/A
Officer Director
$0 $0 $0
DAVID C SCHRADER TREASURER N/A
Officer Director
$0 $0 $0
DANIEL J DAPPER TRUSTEE N/A
Director
$0 $0 $0
JAMES ROWE TRUSTEE N/A
Director
$0 $0 $0
DR WILLIAM J SOLAN TRUSTEE N/A
Director
$0 $0 $0
DEAN R YOUNG TRUSTEE N/A
Director
$0 $0 $0
KIPP JOHNSON GENERAL MANA 40.00
Key Emp
$272,307 $32,880 $305,187
DOUG DOXSIE DIRECTOR OF 40.00
Key Emp
$282,069 $26,914 $308,983
MATT SCHULDT DIRECTOR OF 40.00
Key Emp
$207,718 $34,509 $242,227
MATTHEW MORGAN ASSISTANT GM 40.00
Highest
$175,188 $32,022 $207,210
DAVID ENGLER EXECUTIVE CH 40.00
Highest
$120,598 $30,458 $151,056
DON HENNEKE FACILITIES M 40.00
Highest
$119,000 $13,372 $132,372
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 $7,824,749 $7,666,062 $17,674,014 $158,687
2022 $6,511,632 $6,841,292 $17,221,767 $-329,660
2021 $6,300,806 $6,019,653 $17,324,412 $281,153
2020 $5,254,422 $5,341,427 $16,178,223 $-87,005
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