Venice Golf and Country Club No 1 Inc
Only null% goes to programs Strong reserves Growing revenue
Venice Golf and Country Club No 1 Inc is a 501(c)(7) organization based in Venice, Florida, registered in 1999, with $7,067,330 in FY2024 revenue. CharityIndex grades it D.
250 Venice Golf Club Dr, Venice, FL, 34292 EIN 65-0223681 Since 1999
Revenue (FY2024)
$7.1M
▲ 3.5% vs prior year
Recreation median: $129K
Expenses (FY2024)
$9.1M
Net assets
$17.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Venice Golf and Country Club No 1 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating23 mo reserves · -28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Venice Golf and Country Club No 1 Inc: 23 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Venice Golf and Country Club No 1 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Venice Golf and Country Club No 1 Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 250 Venice Golf Club Dr, Venice, FL, 34292
- City
- Venice
- State
- Florida
- Category
- Recreation & Sports
- Subcategory
- Community Recreation Centers
- Website
- …
Financial trends
Revenue grew from $4.4M (FY2013) to $7.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.9MNet assets $17.3M
Operating margin
-28.1%
Spent more than it raised in the latest fiscal year.
Total assets
$19.2M
Total liabilities
$1.9M
Net assets
$17.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,067,330▲3.5% | $9,056,155▲5.4% | $17,257,479▼0.8% | $19,201,551▼4.8% | 990 |
| 2023 | $6,831,592▲6.2% | $8,590,941▲2.9% | $17,404,015▼0.4% | $20,166,011▼3.9% | 990 |
| 2022 | $6,431,756▲10.1% | $8,349,889▲31.6% | $17,468,813▼1.6% | $20,989,457▲1.4% | 990 |
| 2021 | $5,844,338▲7.8% | $6,345,420▲3.9% | $17,757,061▲3.9% | $20,705,939▲14.8% | 990 |
| 2020 | $5,421,650▼1.2% | $6,104,588▼4.9% | $17,097,808▲2.9% | $18,031,621▲1.5% | 990 |
| 2019 | $5,486,860▲5.4% | $6,420,732▲4.5% | $16,610,523▲55.3% | $17,773,421▲39.2% | 990 |
| 2018 | $5,206,230▲3.8% | $6,142,064▲3.2% | $10,697,606▲0.9% | $12,767,728▲1.3% | 990 |
| 2017 | $5,014,980▲6.9% | $5,952,936▲4.7% | $10,598,351▲0.4% | $12,609,335▼4.6% | 990 |
| 2016 | $4,689,828▲12.3% | $5,683,834▲7.8% | $10,554,138▼0.5% | $13,223,942▼3.6% | 990 |
| 2015 | $4,176,474▼3.7% | $5,272,637▲0.6% | $10,602,280▼1.7% | $13,715,729▲16.5% | 990 |
| 2014 | $4,337,182▼1.1% | $5,242,354▲3.0% | $10,787,835▼2.2% | $11,777,067▼2.6% | 990 |
| 2013 | $4,383,551 | $5,091,135▲3.4% | $11,028,110▼1.9% | $12,094,319▼2.3% | 990 |
| 2012 | — | $4,924,522▼0.4% | $11,237,110▲0.9% | $12,384,255▲2.6% | 990 |
| 2011 | — | $4,942,431▲0.9% | $11,137,535▼0.9% | $12,068,744▼2.8% | 990 |
| 2010 | — | $4,897,891 | $11,239,658 | $12,411,566 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Venice Golf and Country Club No 1 Inc
Frequently asked questions
- Is Venice Golf and Country Club No 1 Inc a legitimate nonprofit?
- Yes. Venice Golf and Country Club No 1 Inc is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 65-0223681, based in Venice, Florida.
- What is Venice Golf and Country Club No 1 Inc's EIN?
- Venice Golf and Country Club No 1 Inc's Employer Identification Number (EIN) is 65-0223681.
- How much revenue does Venice Golf and Country Club No 1 Inc report?
- Venice Golf and Country Club No 1 Inc reported $7,067,330 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Venice Golf and Country Club No 1 Inc have?
- CharityIndex grades Venice Golf and Country Club No 1 Inc D, based on financial health (reserves and operating margin).
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Data for Venice Golf and Country Club No 1 Inc (EIN 65-0223681) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.