2026-08-17T07:53:58-05:00 2026-03-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2025-04-01 570892854 THORNBLADE CLUB INC THOR 8642345100 1275 THORNBLADE BLVD GREER SC 29650 DAVID LUKE PRESIDENT 8642345100 2026-08-11 1 KERRI RAWCLIFFE P01398485 4016216200 2026-08-11 2025 2025-03-06 01:10:19Z DAVID LUKE 1275 THORNBLADE BLVD GREER SC 29650 15198675 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. 9 9 220 9 652707 80625 0 0 11401080 11967141 0 10851 -707 -387679 11400373 11590313 0 0 0 0 3829055 3849868 0 0 0 5781700 6552707 9610755 10402575 1789618 1187738 17720860 17286295 8763121 7185568 8957739 10100727 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 THE CLUB'S PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE ITS EIGHTEEN HOLE GOLF COURSE AND FACILITIES WHICH ARE OPEN YEAR ROUND TO THE MEMBERSHIP TO ENJOY FOR ITS MEMBERS AND THEIR GUESTS. 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 6 0 1 220 1 1 1 0 0 0 0 1092688 1261716 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 0 0 1 1 1 1 0 X LISA BURGESS 8646721003 1275 THORNBLADE BLVD GREER SC 29650 X JOE BRYANT PRESIDENT 1.00 X X 0 0 0 KATIE HARRISON SECRETARY 1.00 X X 0 0 0 DOUG CALLENDER VICE PRESIDENT 1.00 X X 0 0 0 REBECCA LEVER TREASURER 1.00 X X 0 0 0 NATHAN MERRITT DIRECTOR 1.00 X 0 0 0 ALAN EADES DIRECTOR 1.00 X 0 0 0 DAVID LUKE DIRECTOR 1.00 X 0 0 0 ERIC PITTS DIRECTOR 1.00 X 0 0 0 DEREK BROWN DIRECTOR 1.00 X 0 0 0 SAEED ASSADZANDI GENERAL MANAGER/COO THRU 03/26 40.00 X 304987 0 15723 BRANDON MOTLEY DIRECTOR OF GOLF THRU 02/26 40.00 X 156813 0 13052 ROBERT JUSTUS DIRECTOR OF FINANCE THRU 02/26 40.00 X 136385 0 18693 RICHARD KING DIRECTOR OF TENNIS 40.00 X 134623 0 17138 JORDAN STRANGE DIRECTOR OF GROUNDS 40.00 X 126234 0 6722 859042 0 71328 5 0 1 0 0 DUES 713910 5084068 5084068 CAPITAL FEES/ASSESSMENTS 713910 2903363 2903363 GOLF REVENUE 713910 1623916 1148646 475270 INITIATION/APPLICATION FEES 713910 1101138 1101138 GOLF SHOP REVENUE 713910 861234 711378 149856 393422 393422 11967141 10851 10851 3032728 3608362 -575634 -592364 16730 MISC. REVENUE 713910 187955 187955 187955 11590313 10937606 652707 0 X 490575 2637208 29760 460625 231700 42076 66429 265155 9571 595799 15927 207928 1995705 297210 GOLF COURSE 627019 TOURNAMENT EXPENSES 504821 REPAIRS & MAINTENANCE 357948 CHEMICALS 336445 1230674 10402575 677855 427222 559362 533088 468492 578064 504886 425478 31937449 16615006 15510265 15322443 17720860 17286295 1485876 822496 19500 925 1157998 758234 6099747 5603913 8763121 7185568 X 8447589 9635327 510150 465400 8957739 10100727 17720860 17286295 X 1187738 -44750 X 0 1 X 1 0 1813418 1813418 23340780 11895172 11445608 5141272 3593682 1547590 1641979 1126152 515827 15322443 DUE TO REPLACED MEMBERS 438550 SHORT TERM DEBT 350076 LONG TERM DEBT 4815287 5603913 X 15198675 3608362 3608362 11590313 0 11590313 14010937 3608362 3608362 10402575 0 10402575 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, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,608,362. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,608,362. X 1 1 X X 0 0 0 SAEED ASSADZANDI GENERAL MANAGER/COO THRU 03/26 304987 0 0 0 0 0 15723 0 0 0 320710 0 0 0 BRANDON MOTLEY DIRECTOR OF GOLF THRU 02/26 156813 0 0 0 0 0 13052 0 0 0 169865 0 0 0 ROBERT JUSTUS DIRECTOR OF FINANCE THRU 02/26 136385 0 0 0 0 0 18693 0 0 0 155078 0 0 0 RICHARD KING DIRECTOR OF TENNIS 134623 0 0 0 0 0 17138 0 0 0 151761 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, SURVIVING SPOUSE, HONORARY AND ALL STARS, FOUNDING MEMBERSHIP AND NATIONAL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A EQUITY GOLF MEMBERS, NON-EQUITY GOLF MEMBERS, EMERITUS GOLF MEMBERS, FOUNDING 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 CFO, GENERAL MANAGER, AND FINANCE COMMITTEE CHAIR REVIEWED THE ORGANIZATION'S FORM 990. FORM 990, PART VI, SECTION B, LINE 15 THORNBLADE CLUB HAS A EXECUTIVE COMMITTEE MADE UP OF BOARD MEMBERS THAT REVIEW AND EVALUATE COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER. THEIR 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 LANDSCAPING 174,418. BANK AND CC FEES 125,976. SUPPLIES 120,664. HR EXPENSE 102,320. DUES & SUBSCRIPTIONS 86,805. MISCELLANEOUS 83,541. HOLIDAY FUND 72,151. FUEL 70,946. TENNIS 67,660. UNIFORMS 59,048. MEMBERS MARKETING & RELATIONS 45,719. HOMEOWNERS ASSOCIATION 40,085. ENTERTAINMENT 34,171. FLOWERS & DECORATIONS 33,922. LEASES 33,317. POOL 18,979. EDUCATION AND TRAINING 13,555. IT EQUIPMENT 13,338. EQUIPMENT RENTAL 10,391. LICENSES 5,774. MEALS 5,626. SMALL TOOLS 5,041. PEST CONTROL 3,668. BAD DEBT 3,559. FORM 990, PART XI, LINE 9: CERTIFICATES REDEEMED -44,750.