Kevin Reilly, JD, CPA presents Country Club Financial Metrics to the DC Chapter of HFTP Controllers Boot Camp on June 19th at Springfield Country Club

1. 2014 Financial Boot Camp
Kevin F. Reilly, J.D., CPA
Partner
Washington Metropolitan Area Club Controllers
Chapter – HFTP
June 19, 2014
Springfield Country Club

2. Financial Update

3. 0
2000
4000
6000
8000
10000
12000
14000
16000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
all othersales and
income
food and beverage
sales
membership dues
Country Club Income per member

4. -2000
0
2000
4000
6000
8000
10000
12000
14000
16000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Available for Debt
Service, Capital
Improvements, etc.
All Other Operating
Expenses
Payroll and Related
Cost
Country Club Operating Cost per
member

5. Country Club Income 2012 Income
Total = $1.00
Dues 56¢
Food and Beverage 27¢
Golf -13¢
Other Sports and Income
3¢

6. Country Club Income 2013 Income
Total = $1.00
Dues 52¢
Food and Beverage 32¢
Golf 13¢
Other Sports and Income
3¢

7. 2012 Country Club Expenses
Total = $1.00
Payroll and Related
Costs 55¢
Cost of Food and
Beverage 12¢
Other Operating
Expenses 25¢
Real Estate Taxes and
Insurance 6¢
Amount available for
Debt Service 2c

8. 2013 Country Club Expenses
Total = $1.00
Payroll and Related
Costs 55¢
Cost of Food and
Beverage 13¢
Other Operating
Expenses 22¢
Real Estate Taxes and
Insurance 5¢
Amount available for
Debt Service 5c

9. Average Cost Per Hole 2013
0
10000
20000
30000
40000
50000
60000
70000
80000
Average East Central West
Payroll and Related Cost All Other Expenses

10. Kevin F. Reilly, J.D., CPA
Partner
PBMares, LLP
12150 Monument Drive, Suite 350
Fairfax, VA 22033
Phone: (703) 385-8809
kreilly@pbmares.com
Questions?