2024-08-06T15:19:04-05:00 2024-03-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2023-04-01 570892854 THORNBLADE CLUB INC THOR 8642345100 1275 THORNBLADE BLVD GREER SC 29650 DOUG CALLENDER TREASURER 8642345100 2024-08-05 1 1 KERRI RAWCLIFFE P01398485 4016216200 2024-08-05 2023 2024-08-08 14:25:15Z DOUG CALLENDER 1275 THORNBLADE BLVD GREER SC 29650 13694140 0 X WWW.THORNBLADECLUB.COM X 1988 SC A PRIVATE CLUB FOCUSED ON ESTABLISHING A SOCIAL ENVIRONMENT TO ENCOURAGE PARTICIPATION IN AND ENJOYMENT OF VARIOUS PHYSICAL EXERCISES AND ATHLETIC ACTIVITIES. 12 12 202 9 349480 28918 0 0 8063737 10685643 0 0 203424 -183486 8267161 10502157 0 0 0 0 3188301 3486840 0 0 0 4844008 5174744 8032309 8661584 234852 1840573 14162981 15730811 8728033 8508990 5434948 7221821 THORNBLADE CLUB IS DEDICATED TO PROVIDING AN EXCEPTIONAL FAMILY-FRIENDLY EXPERIENCE THROUGH SUPERIOR COUNTRY CLUB FACILITIES AND SERVCIES IN AN ATMOSPHERE RICH IN CAMARADERIE WITH A TRADITION OF VALUE AND QUALITY. 0 0 WE OPERATE AS A TRADITIONAL COUNTRY CLUB IN ALL ASPECTS OF THE BUSINESS 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 202 1 1 1 0 0 0 0 763522 700317 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 0 0 1 1 1 0 X BOB JUSTUS 8646721003 1275 THORNBLADE BLVD GREER SC 29650 X RYAN O'SULLIVAN PRESIDENT 1.00 X X 0 0 0 TOM THURMOND SECRETARY 1.00 X X 0 0 0 ANDREW MITCHELL DIRECTOR 1.00 X 0 0 0 KEN KIRKLAND DIRECTOR 1.00 X 0 0 0 NATHAN MERRITT DIRECTOR 1.00 X 0 0 0 PAUL CIVILS VICE-PRESIDENT 1.00 X 0 0 0 KATIE HARRISON DIRECTOR 1.00 X 0 0 0 JOE BRYANT DIRECTOR 1.00 X 0 0 0 DOUG CALLENDER TREASURER 1.00 X X 0 0 0 SAEED ASSADZANDI GENERAL MANAGER/COO 40.00 X 292734 0 10373 BRANDON MOTLEY DIRECTOR OF GOLF 40.00 X 161763 0 6097 KYLE CALLAHAN DIRECTOR OF COURSE & GROUN 40.00 X 131060 0 5242 ROBERT JUSTUS DIRECTOR OF FINANCE 40.00 X 123533 0 5318 RICHARD KING DIRECTOR OF TENNIS 40.00 X 130396 0 5704 839486 0 32734 5 0 1 0 0 DUES 713910 4697888 4697888 CAPITAL FEES/ASSESSMENTS 713910 2748083 2748083 GOLF REVENUE 713910 1415544 1197875 217669 INITIATION/APPLICATION FEES 713910 772122 772122 GOLF SHOP REVENUE 713910 687848 589667 98181 364158 364158 10685643 2863995 3191983 -327988 -361618 33630 MISC. REVENUE 713910 144502 144502 144502 10502157 10152677 349480 0 X 463220 2374388 62669 369863 216700 13955 63520 278753 40895 7306 517969 12162 222101 1451867 201270 GOLF COURSE 493201 REPAIRS & MAINTENANCE 338882 TOURNAMENT EXPENSES 322318 LANDSCAPING 252672 957873 8661584 479280 1115316 442678 576739 365999 432203 274711 327429 26854620 13575496 12468417 13279124 131896 0 0 14162981 15730811 524418 900303 21063 113500 1028178 964244 7154374 6530943 8728033 8508990 X 4817398 6657971 617550 563850 5434948 7221821 14162981 15730811 X 1840573 -53700 X 0 1 X 0 0 1813418 1813418 11891382 6613090 5278292 5849525 2969297 2880228 7300295 3993109 3307186 13279124 DUE TO REPLACED MEMBERS 537000 SHORT TERM DEBT 521206 LONG TERM DEBT 5472737 6530943 X 13694140 3191983 3191983 10502157 0 10502157 11853567 3191983 3191983 8661584 0 8661584 PART X, LINE 2: THE CLUB RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CLUB HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS FOR PERIODS PRIOR TO MARCH 31, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,191,983. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,191,983. X X 0 0 0 SAEED ASSADZANDI GENERAL MANAGER/COO 292734 0 0 0 0 0 0 0 10373 0 303107 0 0 0 BRANDON MOTLEY DIRECTOR OF GOLF 161763 0 0 0 0 0 0 0 6097 0 167860 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB SHALL HAVE MULTIPLE CATEGORIES OF MEMBERSHIP. THE CATEGORIES SHALL BE EQUITY GOLF MEMBERSHIP, NON-EQUITY GOLF MEMBERS, SENIOR GOLF MEMBERSHIP, EMERITUS GOLF MEMBERSHIP, AT HLETIC MEMBERSHIP, CLUBHOUSE MEMBERSHIP, NON-RESIDENT MEMBERSHIP, AND NATIONAL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A EQUITY GOLF MEMBERS, NON-EQUITY GOLF MEMBERS, AND SENIOR GOLF MEMBERS HAVE THE RIGHT TO VOTE ON GOVERNING DECISIONS. FORM 990, PART VI, SECTION A, LINE 7B THE NINE (9) MEMBERS OF THE BOARD OF GOVERNORS WILL BE ELECTED BY THE MEMBERSHIP FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CONTROLLER, GENERAL MANAGER, AND FINANCE COMMITTEE CHAIR REVIEWED THE ORGANIZATION'S FORM 990. FORM 990, PART VI, SECTION B, LINE 15 THORNBLADE CLUB HAS A COMPENSATION COMMITTEE MADE UP OF BOARD MEMBERS THAT REVIEW AND EVALUATE COMPENSATION FOR ALL KEY EMPLOYEES/MANAGEMENT COMPENSATION IS COMPARED AGAINST CLUB INDUSTRY BENCHMARKING DATA FOR SIMILAR POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE AND ONLINE. FORM 990, PART IX, LINE 24E CHEMICALS 113,792. HR EXPENSE 109,874. SUPPLIES 81,102. FUEL 80,788. BANK AND CC FEES 78,646. TENNIS 74,914. DUES & SUBSCRIPTIONS 65,313. LEASES 55,951. HOLIDAY FUND 53,507. UNIFORMS 41,478. MISCELLANEOUS 35,156. ENTERTAINMENT 30,803. HOMEOWNERS ASSOCIATION 28,661. FLOWERS & DECORATIONS 28,041. BAD DEBT 26,085. POOL 15,574. SMALL TOOLS 11,750. EDUCATION AND TRAINING 7,199. IT EQUIPMENT 7,104. LICENSES 6,063. PEST CONTROL 3,492. MEALS 2,580. FORM 990, PART XI, LINE 9: CERTIFICATES REDEEMED -53,700.