Deepdale INC FY2020 filing

Not tax-deductible

Manhasset, NY501(c)(7)Since 1935EIN 11-1671750Revenue $11.7M in FY2020

On file with the IRSdeepdalegolfclub.com300 Long Island Expy, 11030-4101 · Manhasset, NYTax-exempt since Sep 1942

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Club provides golfing experiences as well as food & beverage services for members & guests

100¢ of each $1 spent went to programs.
$2.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $2.0M a year · 18% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.1M
to officers and key staff · 32% of spending
Concern: pay to officers and key staff is 32% of spending; over 30%.
Pt VII · Sec A
35 mo
of spending, in cash
Looks good: 35.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$22.8M
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.7M
Spent
$6.5M
To programs
100%
Net assets
$52.8M
By yearFY2020–FY2024
Revenue
$11.7M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$11.7M
FY2021$10.3M
FY2022$10.8M
FY2023$11.3M
FY2024$13.5M
Expenses
$6.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$6.5M
FY2021$7.3M
FY2022$8.0M
FY2023$11.5M
FY2024$14.2M
Net assets
$52.8M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$52.8M
FY2021$55.7M
FY2022$58.3M
FY2023$58.4M
FY2024$57.8M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1942.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $6.5M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

24 people listed on the 990; $2.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
Director of Golf
$466,623Pt VII · Sec A
Golf Course Superintendent
$382,923Pt VII · Sec A
General Manager
$370,272Pt VII · Sec A
Head Golf Professional
$332,520Pt VII · Sec A
$237,206Pt VII · Sec A
Executive Chef
$200,637Pt VII · Sec A
Assistant General Manager
$136,951Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Darrell Kestner$426,949$698,036$470,907$609,229$466,623
Thomas Fedora$632,311$436,710$651,289$388,575$382,923
Scott M Heaney——$246,597$475,383$370,272
James P Saunders$332,960$397,375$240,107$280,800$237,206
Jeffrey Gschwind$295,305$371,479$363,183$371,485$332,520
Matt Van Alstyne$357,582$290,737———
Anthony Abalo$299,724$263,148$261,694$241,131$200,637
Sebastian Hutman$262,978————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers golfing experiences and food/beverage services for members and guests.

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Provided by the organization

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1 program · in their own filed words · FY2020
01

Tax exempt club activities.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$1K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$11.7M
Ln 12
Fees for servicesLn 2g$9.8M
Other incomeLn 4–11$1.7M
Investment incomeLn 3$174K
Money outPt IX
$6.5M
Ln 25
Programscol B$6.5M
Owns and owesPt X
$52.8M
net assets · Ln 32
Cash and savingsLn 1–2$19.3M
Total assetsLn 16$75.6M
LiabilitiesLn 26$22.8M
PeoplePt VI, VII
24
listed · VII A
PaidVII A7
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$9.8M
Investment incomeLn 3$174K
Other incomeLn 4–11$1.7M
Total revenueLn 12$11.7M
Assets in detailPt X, end of year
CashLn 1$2.6M
SavingsLn 2$16.7M
Cash and savings togetherLn 1–2$19.3M
Other assetsLn 15$55.0M
Total assetsLn 16$75.6M
LiabilitiesLn 26$22.8M
Net assetsLn 32$52.8M
OperationsPt I, VI
EmployeesI 573
VolunteersI 617
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$15.0M$19.3M
Total assetsLn 16$71.1M$75.6M
LiabilitiesLn 26$23.6M$22.8M
Net assetsLn 32$47.5M$52.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$967K
Other salaries and wagesLn 7$2.6M
Pension plan contributionsLn 8$23K
Other employee benefitsLn 9$201K
Payroll taxesLn 10$303K
Legal feesLn 11b$19K
Accounting feesLn 11c$44K
Other fees for servicesLn 11g$215K
Office expensesLn 13$90K
OccupancyLn 16$527K
InsuranceLn 23$111K
Other expenses (24a–d)Ln 24$1.5M
All other expensesLn 24e$7K
Total functional expensesLn 25$6.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $13.5M$14.2M−$672K$57.8M 990 PDF
FY2023 $11.3M$11.5M−$167K$58.4M 990 PDF
FY2022 $10.8M$8.0M$2.8M$58.3M 990 PDF
FY2021 $10.3M$7.3M$3.0M$55.7M 990 PDF
FY2020 Viewing $11.7M$6.5M$5.1M$52.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $11,674,213 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $8,099,750$9,801,147
I-10 Investment incomePrior year $213,881$174,155
I-11 Other revenuePrior year $1,916,927$1,698,911
I-12 Total revenuePrior year $10,230,558$11,674,213
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,216,134$4,053,363
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,560,070$2,493,427
I-18 Total expensesPrior year $6,776,204$6,546,790
I-19 Revenue less expensesPrior year $3,454,354$5,127,423
Part VI · Governance 17 of 17 board members independent, 4 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $11,674,213 across 4 lines filed
Lines not itemized here account for $1,548,911 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,801,147$9,801,147
VIII-3 Investment incomeUnrelated business $174,155$174,155
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $150,000$150,000
VIII-12 Total revenueRelated to mission $11,309,703 · Unrelated business $214,510 · Excluded from tax $150,000$11,674,213
Part IX · Statement of functional expenses $6,546,790 across 13 lines filed
IX-5 Pay of current officers, directors and key staff$966,613
IX-7 Other salaries and wages$2,559,696
IX-8 Pension plan contributions$23,075
IX-9 Other employee benefits$200,704
IX-10 Payroll taxes$303,275
IX-11b Legal fees$18,781
IX-11c Accounting fees$44,250
IX-11g Other fees for services$215,010
IX-13 Office expenses$90,376
IX-16 Occupancy$527,302
IX-23 Insurance$110,530
IX-24 Other expenses (24a–d)$1,479,857
IX-24e All other expenses$7,321
IX-25 Total functional expenses$6,546,790
Part X · Balance sheet $75,590,422 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,732,483$2,622,541
X-2 Savings and temporary cash investmentsStart of year $13,259,807$16,702,076
X-4 Accounts receivableStart of year $787,013$897,321
X-8 Inventories for sale or useStart of year $160,494$150,672
X-9 Prepaid expenses and deferred chargesStart of year $229,202$259,554
X-15 Other assetsStart of year $54,958,258$54,958,258
X-16 Total assetsStart of year $71,127,257$75,590,422
X-17 Accounts payable and accrued expensesStart of year $515,616$1,183,583
X-19 Deferred revenueStart of year $375,000$458,603
X-25 Other liabilitiesStart of year $22,694,998$21,194,998
X-26 Total liabilitiesStart of year $23,585,614$22,837,184
X-27 Net assets without donor restrictionsStart of year $47,541,643$52,753,238
X-32 Total net assets or fund balancesStart of year $47,541,643$52,753,238
X-33 Total liabilities and net assetsStart of year $71,127,257$75,590,422
Part XI · Reconciliation of net assets $52,753,238 net assets at year end
XI-1 Total revenue$11,674,213
XI-2 Total expenses$6,546,790
XI-3 Revenue less expenses$5,127,423
XI-4 Net assets at start of year$47,541,643
XI-5 Net unrealized gains (losses) on investments$20,343
XI-9 Other changes in net assets$63,829
XI-10 Net assets at end of year$52,753,238

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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