Brook Hollow Golf Club
- Assets
- $59.7m
- Revenue
- $22.2m
- Investments
- $0.0
- Employees
- 384
- Location
- Dallas, TX
- Founding
- 08/1934
- Data as of
- 09/2023
- EIN
- 75-0156800
Organization Overview
Brook Hollow Golf Club is located in Dallas, TX. The organization was established in 1934. 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 09/2023, Brook Hollow Golf Club employed 384 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brook Hollow Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Brook Hollow Golf Club generated $22.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $23.6m during the year ending 09/2023. While expenses have increased by 8.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION WAS FORMED FOR THE PURPOSE OF SUPPORTING AND MAINTAINING SPORTS, PARTICULARLY THE GAME OF GOLF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A SOCIAL CLUB PROVIDING RECREATIONAL AND SOCIAL ACTIVITIES FOR ITS MEMBERS. ACTIVITIES INCLUDE GOLF, TENNIS, FITNESS, SWIMMING, DINING, BANQUETS AND MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Allday President (thru 12/22) | OfficerTrustee | 1 | $0 |
Will Rose President (as Of 01/23) | OfficerTrustee | 1 | $0 |
Bruce Sammis Vice President (as Of 01/23) | OfficerTrustee | 1 | $0 |
Phil Kistler Treasurer (thru 12/22) | OfficerTrustee | 1 | $0 |
Peter Collins Treasurer (as Of 01/23) | OfficerTrustee | 1 | $0 |
Copley Broer Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Caddie Services Llc Contract Caddie Program | 9/29/23 | $627,617 |
Allied Universal Security Service Contract Security | 9/29/23 | $412,329 |
Tavacon Llc Security Construction Contractor | 9/29/23 | $407,230 |
Tex-ark Turf Llc Contract Golf Course Maintenance | 9/29/23 | $391,731 |
Qwick Llc Contract Banquet/f&b Staff | 9/29/23 | $261,356 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $345,339 |
| 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 | $345,339 |
| Total Program Service Revenue | $20,788,241 |
| Investment income | $135,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,150 |
| Net Gain/Loss on Asset Sales | $27,986 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,845,841 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,241,085 |
| 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. | $764,439 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,524,856 |
| Pension plan accruals and contributions | $400,161 |
| Other employee benefits | $1,529,343 |
| Payroll taxes | $1,019,721 |
| Fees for services: Management | $98,095 |
| Fees for services: Legal | $82,915 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,692,987 |
| Advertising and promotion | $0 |
| Office expenses | $205,189 |
| Information technology | $275,011 |
| Royalties | $0 |
| Occupancy | $2,289,128 |
| Travel | $88,825 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $276,258 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,940,862 |
| Insurance | $398,348 |
| All other expenses | -$2,347,962 |
| Total functional expenses | $23,620,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,511,417 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,860,357 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $943,697 |
| Prepaid expenses and deferred charges | $506,392 |
| Net Land, buildings, and equipment | $51,918,474 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,947 |
| Total assets | $59,747,284 |
| Accounts payable and accrued expenses | $3,051,956 |
| Grants payable | $0 |
| Deferred revenue | $6,627,168 |
| 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 | $2,300,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,979,124 |
| Net assets without donor restrictions | $47,768,160 |
| 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 | $59,747,284 |