Briar Club
- Assets
- $45.7m
- Revenue
- $13.7m
- Investments
- $0.0
- Employees
- 241
- Location
- Houston, TX
- Founding
- 03/1951
- Data as of
- 09/2021
- EIN
- 74-1094814
Organization Overview
Briar Club is located in Houston, TX. The organization was established in 1951. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Briar Club employed 241 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Briar Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2021, Briar Club generated $13.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $15.3m during the year ending 09/2021. While expenses have increased by 7.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A RECREATIONAL CLUB ORGANIZED FOR NONPROFITABLE PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITIES ENGAGED IN FOR THE PLEASURE AND RECREATION OF THE MEMBERS IN ACCORDANCE WITH THE EXEMPT PURPOSE OF A COUNTRY CLUB UNDER CODE SECION 501(C)(7)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Moreno General Manager/coo | Officer | 40 | $247,880 |
Dustin Wade CFO | Officer | 40 | $186,280 |
Michael Powell Executive Chef | 40 | $177,537 | |
Brett Emerson Tennis Director | 40 | $134,382 | |
Samantha Van Veen Assistant General Manager | 40 | $130,400 | |
Brenda Bowman Ex-Officio | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $10,527,715 |
| Investment income | $17,011 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$11,836 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,156,563 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,689,453 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $434,160 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,007,640 |
| Pension plan accruals and contributions | $98,015 |
| Other employee benefits | $787,519 |
| Payroll taxes | $537,886 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $505,538 |
| Advertising and promotion | $22,530 |
| Office expenses | $1,404,181 |
| Information technology | $131,492 |
| Royalties | $0 |
| Occupancy | $861,593 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $952,895 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,592,249 |
| Insurance | $341,222 |
| All other expenses | $904,014 |
| Total functional expenses | $15,287,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,474,380 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,470,240 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $265,737 |
| Prepaid expenses and deferred charges | $297,872 |
| Net Land, buildings, and equipment | $38,215,138 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $45,723,367 |
| Accounts payable and accrued expenses | $2,027,183 |
| Grants payable | $0 |
| Deferred revenue | $796,516 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $17,301,443 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,125,142 |
| Net assets without donor restrictions | $25,598,225 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $45,723,367 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Country Club Dallas, TX | $88,595,655 | $22,324,352 |
Lakeside Country Club Houston, TX | $69,220,529 | $18,860,611 |
Brook Hollow Golf Club Dallas, TX | $62,764,529 | $18,371,146 |
Houston Country Club Houston, TX | $109,550,970 | $26,529,286 |
Royal Oaks Country Club Inc Dallas, TX | $36,812,671 | $18,720,235 |
Northwood Club Dallas, TX | $57,507,067 | $19,852,706 |
Oklahoma City Golf & Country Club Nichols Hills, OK | $30,261,356 | $14,527,744 |
Dallas Athletic Club Dallas, TX | $25,203,289 | $20,444,344 |
Austin Country Club Austin, TX | $33,624,786 | $15,055,486 |
Briar Club Houston, TX | $45,723,367 | $13,689,453 |
Lakewood Country Club Dallas, TX | $36,499,894 | $12,939,033 |
Southern Hills Country Club Tulsa, OK | $59,775,336 | $17,253,423 |