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Nonprofiteer
← MINOT JUNIOR GOLF ASSOCIATION INC

Form 990 for tax year 2022

Filed by MINOT JUNIOR GOLF ASSOCIATION INC.

Totals

Total revenue
$2,099,404
Total expenses
$1,207,797
Contributions and grants received
$149,122
Grants paid
$741,371
Program service revenue
$17,731
Investment income
$75,145
Other revenue
$1,857,406
Total assets, end of year
$6,719,520
Total liabilities, end of year
$4,964
Net assets or fund balances, end of year
$6,714,556
Program services expenses (Part IX)
$949,841
Management and general expenses
$246,238
Fundraising expenses
$11,718
Program service expenses (Part III)
$949,841

Program services were 78.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $149,122

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $17,731 · related or exempt $17,731

  • 3 · Investment income

    total $75,145 · excluded $75,145

  • 8a · Fundraising events: gross income

    $131

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $131 · excluded $131

  • 9a · Gaming: gross income

    $4,439,178

  • 9b · Gaming: direct expenses

    $2,584,812

  • 9c · Net income from gaming

    total $1,854,366 · excluded $1,854,366

  • 10a · Gross sales of inventory

    $4,536

  • 10b · Cost of goods sold

    $5,580

  • 10c · Net income from sales of inventory

    total -$1,044 · related or exempt -$1,044

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $3,953 · related or exempt $3,953

  • 11e · Other revenue, total

    $3,953

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $741,371 · program services $741,371

  • 5 · Compensation of officers, directors and key employees

    total $147,313 · program services $31,833 · management and general $115,480

  • 7 · Other salaries and wages

    total $97,492 · program services $42,169 · management and general $55,323

  • 10 · Payroll taxes

    total $19,968 · program services $6,036 · management and general $13,932

  • 11c · Fees: accounting

    total $25,295 · program services $25,295

  • 12 · Advertising and promotion

    total $4,568 · program services $4,568

  • 13 · Office expenses

    total $4,073 · program services $1,071 · management and general $3,002

  • 16 · Occupancy

    total $7,621 · program services $2,737 · management and general $4,884

  • 17 · Travel

    total $8,250 · program services $8,250

  • 22 · Depreciation, depletion and amortization

    total $78,142 · program services $54,233 · management and general $12,191 · fundraising $11,718

  • 23 · Insurance

    total $11,817 · program services $5,083 · management and general $6,734

  • 24a · Other expenses: MISCELLANEOUS

    total $59,316 · program services $29,658 · management and general $29,658

  • 24b · Other expenses: MAINTENANCE

    total $2,316 · program services -$2,718 · management and general $5,034

  • 24c · Other expenses: INVESTMENT FEES

    total $283 · program services $283

  • 24d · Other expenses: FUNRAISING EXPENSE

    total -$28 · program services -$28

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $294,806 · end of year $491,168

  • 2 · Savings and temporary cash investments

    beginning of year $3,680,527 · end of year $2,820,391

  • 10a · Land, buildings and equipment: cost or other basis

    $2,270,035

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,179,858

  • 10c · Land, buildings and equipment, net

    beginning of year $1,107,732 · end of year $1,090,177

  • 11 · Investments: publicly traded securities

    beginning of year $1,058,964 · end of year $2,265,218

  • 12 · Investments: other securities

    beginning of year $57,638 · end of year $52,566

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,351 · end of year $4,964

  • 25 · Other liabilities

    beginning of year $145,100 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $5,992,578 · end of year $6,661,990

  • 28 · Net assets with donor restrictions

    beginning of year $57,638 · end of year $52,566

Mission and programs · 2022

Mission

DEVELOPMENT AND OPERATION OF A JUNIOR LEARNING GOLF COURSE

  • OPERATED A JUNIOR LEARNING GOLF CENTER USED BY CHILDREN OR ACCOMPANYING ADULTS DURING THE YEAR.

    Expenses $949,841 · Grants $741,371 · Revenue $165,740

As filed on the 2022 return.

Listed in Part VII

  • Erika Kelly

    SECRETARY

    Total calculated
    $0
    Hours/week
    4.5

  • Chuck Krantz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4.5

  • Reed Argent

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4.5

  • Roland Aarayan

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4.5

  • Todd Cresap

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4.5

  • Steve Fundsingland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4.5

  • Dan Langemo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4.5

  • Kelsey Holt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4.5

  • Steve Kottsick

    DIRECTOR

    Total calculated
    $31,833
    From this org
    $31,833
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.5

  • Carol Gefre

    BOOKKEEPER

    Total calculated
    $137,669
    From this org
    $124,976
    From related orgs
    $0
    Other
    $12,693
    Hours/week
    40

  • Jim Foltz

    EXECUTIVE DIRECTOR

    Total calculated
    $139,676
    From this org
    $134,022
    From related orgs
    $0
    Other
    $5,654
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
3 November 2023
IRS schema version
2022v5.0
Source object
202313109349302676

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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