STANDARD CLUB: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- STANDARD CLUB (EIN 58-0522414)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-09-10
- IRS object ID
- 202402549349301235
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-09-10T11:35:12-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 721396621 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARR RIGGS & INGRAM LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4004 SUMMIT BLVD NE SUITE 800 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30319 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580522414 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE STANDARD CLUB | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STAN | BusinessNameControlTxt |
| Phone | 7704970055 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6230 ABBOTTS BRIDGE ROAD | AddressLine1Txt |
| City | JOHNS CREEK | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30097 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL JACOBSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7704970055 | PhoneNum |
| Signature | 2024-08-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARY H BOTELER | PreparerPersonNm |
| PTIN | P00052048 | PTIN |
| Phone | 7703948000 | PhoneNum |
| Preparation | 2024-08-24 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL JACOBSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6230 ABBOTTS BRIDGE ROAD | AddressLine1Txt |
| City | JOHNS CREEK | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30097 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,514,896 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.STANDARDCLUB.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1867 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | WE STRIVE TO PROVIDE ALL MEMBERS WITH THE FINEST OF FACILITIES AND THE BEST IN SERVICE WHILE MAINTAINING THE HIGHEST STANDARDS OF GRACIOUS HOSPITALITY AND PRESERVING THE STANDARD CLUB'S FINE REPUTATION AND TRADITION OF EXCELLENCE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $338,279 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $63,929 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,273,501 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,885,626 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $77,361 | CYInvestmentIncomeAmt |
| PY Other Revenue | $535,639 | PYOtherRevenueAmt |
| CY Other Revenue | $627,576 | CYOtherRevenueAmt |
| PY Total Revenue | $6,809,140 | PYTotalRevenueAmt |
| CY Total Revenue | $10,590,563 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,782,471 | PYOtherExpensesAmt |
| CY Other Expenses | $7,416,906 | CYOtherExpensesAmt |
| PY Total Expenses | $6,782,471 | PYTotalExpensesAmt |
| CY Total Expenses | $7,416,906 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $26,669 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,173,657 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $17,178,975 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,913,131 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,451,087 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,017,586 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,727,888 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $15,895,545 | NetAssetsOrFundBalancesEOYAmt |
| Mission | WE STRIVE TO PROVIDE ALL MEMBERS WITH THE FINEST OF FACILITIES AND THE BEST IN SERVICE WHILE MAINTAINING THE HIGHEST STANDARDS OF GRACIOUS HOSPITALITY AND PRESERVING THE STANDARD CLUB'S FINE REPUTATION AND TRADITION OF EXCELLENCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | PROVIDE GOLF, TENNIS, SWIMMING, FITNESS, LOCKER ROOMS, AND DINING FACILITIES FOR THE BENEFIT OF THE MEMBERS AND THEIR GUESTS. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 71 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (1) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (1) | NondeductibleContriDisclInd |
| Initiation Fees And Cap Contri | $4,379,032 | InitiationFeesAndCapContriAmt |
| Gross Receipts For Public Use | $0 | GrossReceiptsForPublicUseAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TROON CLUB MANAGEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7704970055 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6230 ABBOTTS BRIDGE ROAD | AddressLine1Txt |
| City | JOHNS CREEK | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30097 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JEFFREY KAPLIN | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ROBERT FRIEDMAN | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DAVID WEINTRAUB | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL JACOBSON | ||||||
| PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DON ARONIN | ||||||
| VICE PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ALAN COHEN | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT KWATNEZ | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOE LANGFORD | ||||||
| GENERAL MANAGER | 50.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TROON GOLF LLC | |||||
| 15044 N SCOTTSDALE ROAD SUITE 300 | SCOTTSDALE | AZ | 85254 | MANAGEMENT SERVICES | $3,476,440 |
| TALENT GOLF AND LANDSCAPING | |||||
| 5640 SWALLOWTAIL TERRACE | THE VILLAGES | FL | 32163 | GOLF LESSONS AND LANDSCAPING | $982,361 |
| DARKO & BYRD TENNIS LLC | |||||
| 3156 CHRISTOPHERS BEND | ELLENWOOD | GA | 30294 | TENNIS ACADEMY AND LESSONS | $279,691 |
| PTP CONSTRUCTION SERVICES LLC | |||||
| 391 CONYERS ROAD | LOGANVILLE | GA | 30052 | CONSTRUCTION | $267,980 |
| HIGHLAND TURF SOLUTIONS LLC | |||||
| PO BOX 218 | ELK PARK | NC | 28622 | MAINTENANCE | $253,631 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| CAPITAL CHARGES AND ASSESSMENTS | 713910 | $4,379,032 | $4,379,032 | |
| MEMBERSHIP DUES | 713910 | $3,397,842 | $3,397,842 | |
| GOLF/TENNIS ACTIVITIES | 713910 | $2,108,752 | $2,038,464 | $70,288 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,885,626 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,361 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $77,361 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $1,543,454 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $924,333 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $619,121 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $428,491 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $190,630 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 713910 | BusinessCd |
| Total Revenue Column | $8,455 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,455 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $8,455 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,590,563 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,252,284 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $338,279 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,585 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,165 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $471,020 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,878 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $480,791 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,922 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,141,660 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,768 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| OUTSIDE SERVICES | $3,180,510 |
| GOLF COURSE MAINTENANCE | $659,541 |
| PRO SHOP SERVICES | $328,194 |
| REPAIRS & MAINTENANCE | $319,835 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $497,037 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,416,906 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,508,174 | BOYAmt |
| EOY | $2,861,495 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $224,547 | BOYAmt |
| EOY | $534,547 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,414 | BOYAmt |
| EOY | $178,025 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,226 | BOYAmt |
| EOY | $100,351 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $42,849,007 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $27,522,767 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,105,510 | BOYAmt |
| EOY | $15,326,240 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,121,104 | BOYAmt |
| EOY | $1,912,473 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,178,975 | BOYAmt |
| EOY | $20,913,131 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $252,376 | BOYAmt |
| EOY | $1,109,888 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,300 | BOYAmt |
| EOY | $14,750 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,801,790 | BOYAmt |
| EOY | $2,656,018 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,383,621 | BOYAmt |
| EOY | $1,236,930 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,451,087 | BOYAmt |
| EOY | $5,017,586 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,727,888 | BOYAmt |
| EOY | $15,895,545 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,727,888 | BOYAmt |
| EOY | $15,895,545 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,178,975 | BOYAmt |
| EOY | $20,913,131 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,173,657 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$6,000 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,974,234 | OtherCostOrOtherBasisAmt |
| Book Value | $7,974,234 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,052,738 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,788,268 | DepreciationAmt |
| Book Value | $2,264,470 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,208,427 | OtherCostOrOtherBasisAmt |
| Depreciation | $941,954 | DepreciationAmt |
| Book Value | $266,473 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,613,608 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,792,545 | DepreciationAmt |
| Book Value | $4,821,063 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $15,326,240 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEFERRED COMPENSATION | $637,616 |
| FINANCING LEASE | $416,659 |
| ROU ASSETS | $858,198 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,912,473 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED COMPENSATION | $637,616 |
| ROU ASSET LIABILITY | $599,314 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,236,930 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $11,514,896 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $924,333 | OtherRevenueAmt |
| Revenue Not Reported | $924,333 | RevenueNotReportedAmt |
| Revenue Subtotal | $10,590,563 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $10,590,563 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,341,239 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $924,333 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $924,333 | ExpensesNotReportedAmt |
| Expenses Subtotal | $7,416,906 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $7,416,906 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, THE CLUB IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME RESULTS FROM INVESTMENT INCOME, NONMEMBER INCOME AND CORPORATE MEMBERSHIPS. THE CLUB UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2023 AND 2022, THE CLUB HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CLUB BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF SALES 924,333. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF SALES 924,333. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | ON APRIL 1, 2019, THE STANDARD CLUB ENTERED INTO A PRIVATE GOLF CLUB FACILITY MANAGEMENT AGREEMENT WITH TROON GOLF, LLC FOR MANAGEMENT AND OPERATION OF THE CLUB AS WELL AS VARIOUS CENTRALIZED AND SHARED ACCOUNTING SERVICES. THE TERM OF THE AGREEMENT RUNS FROM APRIL 1, 2019 THROUGH DECEMBER 31, 2024, WITH AUTOMATIC ANNUAL RENEWALS ON JANUARY 1 OF THE SUCCEDING YEAR UNLESS THE CLUB WISHES TO CANCEL THE AGREEMENT BY GIVING ADVANCE NOTICE TO TROON. |
| FORM 990, PART VI, SECTION A, LINE 4 | THERE WERE AMENDMENTS TO THE CLUB'S BYLAWS IN DECEMBER 2023. THESE CHANGES ALLOWS THE GOVERNING BOARD TO AUTHORIZE VOTING BY ELECTRONIC TRANSMISSION ONLY UPON CONDITIONS DETERMINED BY THE GOVERNING BOARD AND ONLY IN ACCORDANCE WITH THE GEORGIA NONPROFIT CORPORATION CODE. |
| FORM 990, PART VI, SECTION A, LINE 6 | THERE ARE TWO CATEGORIES OF MEMBERSHIP: PROPRIETARY AND NON-PROPRIETARY. PROPRIETARY AND NON-PROPRIETARY MEMBERS SHALL HAVE THE RIGHT TO VOTE AT MEMBERSHIP MEETINGS AND SHALL HAVE THE RIGHT TO HOLD OFFICE. PROPRIETARY MEMBERS SHALL BE DEEMED OWNERS OF THE PROPERTY OF THE CLUB AND NON-PROPRIETARY MEMBERS ARE DEEMED TO HAVE NO OWNERSHIP INTEREST IN THE PROPERTY OF THE CLUB. ONLY PROPRIETARY MEMBERS IN GOOD STANDING SHALL HAVE THE RIGHT TO VOTE UPON THE SALE, EXCHANGE, CONVEYANCE, TRANSFER, MORTGAGE, OR PLEDGE OF ALL, OR SUBSTANTIALLY ALL OF THE ASSETS AND PROPERTIES OF THE CLUB, OR UPON DISSOLUTION, OR WINDING UP OF THE CLUB. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: PROPRIETARY AND NON-PROPRIETARY MEMBERS OF ANY CLASS, IN GOOD STANDING, SHALL HAVE THE RIGHT TO VOTE AT MEMBERSHIP MEETINGS AND SHALL HAVE THE RIGHT TO HOLD OFFICE. THE MEMBERSHIP VOTES FOR WHICH MEMBERS ARE ELECTED TO THE BOARD OF GOVERNORS. THE BOARD MEMBERS SHALL ELECT MEMBERS IN GOOD STANDING TO FILL VACANCIES IN THE BOARD TO SERVE UNTIL THE NEXT ANNUAL MEETING OF THE CLUB. |
| FORM 990, PART VI, SECTION A, LINE 7B | BOTH PROPRIETARY AND NON-PROPRIETARY MEMBERS HAVE THE RIGHT TO VOTE AT MEMBERSHIP MEETINGS. ONLY PROPRIETARY MEMBERS, IN GOOD STANDING, CAN VOTE UPON THE SALE, EXCHANGE, CONVEYANCE, TRANSFER, MORTGAGE, OR PLEDGE OF ALL, OR SUBSTANTIALLY ALL, OF THE ASSETS AND PROPERTIES OF THE CLUB, OR UPON DISSOLUTION, OR WINDING UP OF THE CLUB. |
| FORM 990, PART VI, SECTION B, LINE 11B | AFTER THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM, THE FORM IS FIRST REVIEWED BY THE GENERAL MANAGER AND CONTROLLER FOR ACCURACY. THE FORM IS THEN PRESENTED TO THE TREASURER, WHO CAN REPORT ITS CONTENTS TO THE EXECUTIVE BOARD. THE CLUB PRESIDENT THEN SIGNS THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST FORM UPON HIRE, AND MUST UPDATE/SIGN AT THE START OF EACH YEAR. |
| FORM 990, PART VI, SECTION B, LINE 15 | DIRECTORS AND OFFICERS ARE NOT COMPENSATED. THE BOARD SETS THE GENERAL MANAGER'S SALARY AND THE GENERAL MANAGER WITH THE APPROVAL FROM THE BOARD OF DIRECTORS SET THE DEPARTMENT HEAD SALARIES. |
| FORM 990, PART VI, SECTION C, LINE 18 | COPY AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | COPIES OF THE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS WILL BE MADE AVAILABLE UPON REQUEST. |
| FORM 900, PART VII, SECTION A. | GENERAL MANAGER, JOE LANGFORD, IS COMPENSATED BY TROON GOLF, LLC, THE MANAGEMENT COMPANY FOR THE CLUB. |
| FORM 990, PART XI, LINE 9: | PROPRIETARY CERTIFICATES ISSUED (REDEEMED) -6,000. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. |