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Nonprofiteer
← VIRGINIA STATE GOLF ASSOCIATION INC

Form 990 for tax year 2024

Filed by VIRGINIA STATE GOLF ASSOCIATION INC.

Totals

Total revenue
$5,794,545
Total expenses
$5,127,026
Contributions and grants received
$293,668
Grants paid
$371,340
Program service revenue
$5,033,863
Investment income
$232,910
Other revenue
$234,104
Total assets, end of year
$6,474,500
Total liabilities, end of year
$1,677,565
Net assets or fund balances, end of year
$4,796,935
Program services expenses (Part IX)
$4,276,592
Management and general expenses
$753,828
Fundraising expenses
$96,606
Program service expenses (Part III)
$4,276,592

Program services were 83.4% 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

    $293,668

  • 2a · Program service revenue: HANDICAP PROGRAM

    total $2,590,598 · related or exempt $2,590,598

  • 2b · Program service revenue: TOURNAMENT REVENUES

    total $1,442,250 · related or exempt $1,442,250

  • 2c · Program service revenue: VIP PROGRAMS

    total $687,405 · related or exempt $687,405

  • 2d · Program service revenue: OTHER MEMBER SERVICES

    total $313,610 · related or exempt $313,610

  • 3 · Investment income

    total $177,319 · excluded $177,319

  • 7a · Gross sales of assets other than inventory

    securities $711,982 · other assets $3,678

  • 7b · Less cost or other basis and sales expenses

    securities $660,069 · other assets $0

  • 7c · Gain or loss

    securities $51,913 · other assets $3,678

  • 7d · Net gain or loss

    total $55,591 · excluded $55,591

  • 11a · Other revenue: ADVERTISING

    total $206,104 · unrelated business $206,104

  • 11b · Other revenue: MANAGEMENT FEES

    total $28,000 · related or exempt $28,000

  • 11e · Other revenue, total

    $234,104

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $254,954 · program services $254,954

  • 2 · Grants to domestic individuals

    total $116,386 · program services $116,386

  • 5 · Compensation of officers, directors and key employees

    total $222,500 · program services $158,513 · management and general $51,578 · fundraising $12,409

  • 7 · Other salaries and wages

    total $1,100,214 · program services $783,810 · management and general $255,044 · fundraising $61,360

  • 8 · Pension plan contributions

    total $99,482 · program services $70,873 · management and general $23,061 · fundraising $5,548

  • 9 · Other employee benefits

    total $124,048 · program services $88,374 · management and general $28,756 · fundraising $6,918

  • 10 · Payroll taxes

    total $97,568 · program services $69,509 · management and general $22,618 · fundraising $5,441

  • 11c · Fees: accounting

    total $18,200 · program services $18,200

  • 11f · Fees: investment management

    total $12,868 · management and general $12,868

  • 11g · Fees: other

    total $160,458 · program services $115,782 · management and general $44,676

  • 12 · Advertising and promotion

    total $148,529 · program services $145,626 · fundraising $2,903

  • 13 · Office expenses

    total $236,022 · program services $204,560 · management and general $30,846 · fundraising $616

  • 14 · Information technology

    total $358,655 · program services $288,349 · management and general $70,306

  • 15 · Royalties

    total $204,380 · program services $204,380

  • 16 · Occupancy

    total $22,564 · management and general $22,564

  • 19 · Conferences, conventions and meetings

    total $208,875 · program services $200,915 · management and general $7,311 · fundraising $649

  • 20 · Interest

    total $26,324 · management and general $26,324

  • 22 · Depreciation, depletion and amortization

    total $85,482 · program services $78,798 · management and general $6,684

  • 23 · Insurance

    total $21,143 · management and general $21,143

  • 24a · Other expenses: TOURNAMENT EXPENSES

    total $1,051,140 · program services $1,051,140

  • 24b · Other expenses: VIRGINIA GOLFER PUBLICA

    total $174,069 · program services $174,069

  • 24c · Other expenses: BANK CHARGES

    total $101,755 · program services $2,135 · management and general $99,620

  • 24d · Other expenses: USGA VOLUNTEER EXPENSES

    total $100,000 · program services $100,000

  • 24e · All other expenses

    total $181,410 · program services $150,219 · management and general $30,429 · fundraising $762

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,872,276 · end of year $2,165,792

  • 3 · Pledges and grants receivable

    beginning of year $4,681

  • 4 · Accounts receivable

    beginning of year $86,319 · end of year $143,981

  • 8 · Inventories for sale or use

    beginning of year $13,282 · end of year $14,902

  • 9 · Prepaid expenses and deferred charges

    beginning of year $145,245 · end of year $130,136

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

    $1,867,932

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

    $622,587

  • 10c · Land, buildings and equipment, net

    beginning of year $1,270,719 · end of year $1,245,345

  • 11 · Investments: publicly traded securities

    beginning of year $2,089,642 · end of year $2,673,941

  • 14 · Intangible assets

    beginning of year $21,381 · end of year $90,372

  • 15 · Other assets

    beginning of year $13,375 · end of year $10,031

  • 17 · Accounts payable and accrued expenses

    beginning of year $347,286 · end of year $371,599

  • 19 · Deferred revenue

    beginning of year $524,849 · end of year $664,020

  • 23 · Secured mortgages and notes payable

    beginning of year $683,275 · end of year $631,176

  • 25 · Other liabilities

    beginning of year $13,855 · end of year $10,770

  • 27 · Net assets without donor restrictions

    beginning of year $3,282,456 · end of year $4,036,782

  • 28 · Net assets with donor restrictions

    beginning of year $665,199 · end of year $760,153

Mission and programs · 2024

Mission

THE MISSION OF THE VIRGINIA STATE GOLF ASSOCIATION IS TO PROMOTE THE GAME OF GOLF AND SERVE THE NEEDS OF GOLF IN VIRGINIA.

  • THE VSGA ENGAGES IN A WIDE RANGE OF ACTIVITIES DESIGNED TO EDUCATE CURRENT AND FUTURE GOLFERS, AS WELL AS ENGOURAGE PARTICIPATION, AND FOSTER THE ENJOYMENT, OF BOTH RECREATIONAL AND COMPETITIVE GOLF. AS THE GOVERNING BODY OF AMATEUR GOLF IN VIRGINIA, THE VSGA CONDUCTS INDIVIDUAL CHAMPIONSHIPS FOR MEN, WOMEN AND JUNIORS, ALONG WITH A SERIES OF ONE-DAY EVENTS FOR THE CASUAL GOLFER AND A JUNIOR GOLF CIRCUIT FOR THE YOUNGER GOLFER WHO IS GETTING INTRODUCED TO COMPETITION. BROADLY SPEAKING, VSGA ACTIVITIES INCLUDE ATHLETIC ADMINISTRATION, SUPPORT SERVICES, AND EDUCATION.

    Expenses $4,276,592 · Grants $371,340 · Revenue $5,061,863

As filed on the 2024 return.

Listed in Part VII

  • Brian Maloney

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Craig Groenendaal

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3 + 2 related

  • Vernon Inge

    SECRETARY / TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Anne Greever

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    3 + 2 related

  • Somsak Chivavibul

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 2 related

  • Mark Cote

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Katie Cox

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Kristin Shifflett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Glenn Gray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Lauren Greenlief

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Duncan Hardcastle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • James Gallagher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Mark Raper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Cameron Robinett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • William T Saunders

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Stephen Whitfield

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Bert Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Bev Lane

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Matt Smiley

    EXECUTIVE DIRECTOR

    Total calculated
    $252,911
    From this org
    $222,500
    From related orgs
    $0
    Other
    $30,411
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $185,000
    Bonus
    $37,500
    Other
    $0
    Deferred
    $22,992
    Nontaxable benefits
    $7,419
    Filer's total
    $252,911

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 5a · Pay contingent on this organization's revenues
  • 6a · Pay contingent on this organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5b · Pay contingent on a related organization's revenues
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 5
THE EXECUTIVE DIRECTOR RECEIVED A BONUS SUBSEQUENT TO THE YEAR END BASED ON HIS PERFORMANCE, PARTICIPATION IN VSGA PROGRAMS AND THE OPERATING SURPLUS OF THE VSGA.
PART I, LINE 6
THE EXECUTIVE DIRECTOR RECEIVED A BONUS SUBSEQUENT TO THE YEAR END BASED ON HIS PERFORMANCE, PARTICIPATION IN VSGA PROGRAMS AND THE OPERATING SURPLUS OF THE VSGA.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
30 June 2025
IRS schema version
2024v5.2
Source object
202532109349300233

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