Form 990 for tax year 2022
Filed by PROFESSIONAL GOLFERS ASSOC OF AMERICA.
Totals
- Total revenue
- $4,420,742
- Total expenses
- $3,454,262
- Contributions and grants received
- $0
- Grants paid
- $25,530
- Program service revenue
- $3,653,958
- Investment income
- $764,084
- Other revenue
- $2,700
- Total assets, end of year
- $4,640,937
- Total liabilities, end of year
- $1,064,537
- Net assets or fund balances, end of year
- $3,576,400
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
2a · Program service revenue: TOURNAMENT REVENUE
total $1,467,122 · related or exempt $1,467,122
-
2b · Program service revenue: GOLF PASS REVENUE
total $640,234 · related or exempt $640,234
-
2c · Program service revenue: MEMBERSHIP DUES
total $489,413 · related or exempt $489,413
-
2d · Program service revenue: REIMBURSED EXPENSES
total $400,658 · related or exempt $400,658
-
2e · Program service revenue: SPONSORSHIP REVENUE
total $341,022 · excluded $341,022
-
2f · All other program service revenue
total $315,509 · related or exempt $315,509
-
3 · Investment income
total $27,612 · excluded $27,612
-
7a · Gross sales of assets other than inventory
securities $313,554 · other assets $1,538,128
-
7b · Less cost or other basis and sales expenses
securities $276,116 · other assets $839,094
-
7c · Gain or loss
securities $37,438 · other assets $699,034
-
7d · Net gain or loss
total $736,472 · excluded $736,472
-
11a · Other revenue: ADVERTISING REVENUE
total $2,700 · unrelated business $2,700
-
11e · Other revenue, total
$2,700
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $25,530
-
5 · Compensation of officers, directors and key employees
total $314,247
-
7 · Other salaries and wages
total $727,546
-
9 · Other employee benefits
total $84,729
-
10 · Payroll taxes
total $72,096
-
11f · Fees: investment management
total $12,227
-
11g · Fees: other
total $30,070
-
12 · Advertising and promotion
total $58,404
-
13 · Office expenses
total $114,646
-
16 · Occupancy
total $7,731
-
17 · Travel
total $145,893
-
22 · Depreciation, depletion and amortization
total $22,344
-
23 · Insurance
total $44,868
-
24a · Other expenses: TOURNAMENT PRIZES
total $983,341
-
24b · Other expenses: TOURNAMENT OPERATIONS
total $463,823
-
24c · Other expenses: PROCESSING FEES
total $106,092
-
24d · Other expenses: FOOD AND BEVERAGE
total $80,410
-
24e · All other expenses
total $160,265
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $173,606 · end of year $711,808
-
2 · Savings and temporary cash investments
beginning of year $1,103,108 · end of year $594,916
-
4 · Accounts receivable
beginning of year $33,690 · end of year $11,360
-
7 · Other notes and loans receivable
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $9,741 · end of year $11,709
-
10a · Land, buildings and equipment: cost or other basis
$1,952,499
-
10b · Land, buildings and equipment: accumulated depreciation
$123,237
-
10c · Land, buildings and equipment, net
beginning of year $1,069,311 · end of year $1,829,262
-
11 · Investments: publicly traded securities
beginning of year $909,119 · end of year $1,253,083
-
15 · Other assets
beginning of year $311,072 · end of year $228,799
-
17 · Accounts payable and accrued expenses
beginning of year $88,904 · end of year $371,951
-
19 · Deferred revenue
beginning of year $594,915 · end of year $630,152
-
23 · Secured mortgages and notes payable
beginning of year $25,000 · end of year $34,167
-
25 · Other liabilities
beginning of year $83,024 · end of year $28,267
-
27 · Net assets without donor restrictions
beginning of year $2,817,804 · end of year $3,576,400
Mission and programs · 2022
Mission
TO PROMOTE THE ENJOYMENT AND INVOLVEMENT IN THE GAME OF GOLF AND TO CONTRIBUTE TO THE GROWTH OF THE GOLF PROFESSIONAL AND THE GOLF INDUSTRY. THE SOUTH FLORIDA SECTION WILL ACCOMPLISH THIS MISSION BY ENHANCING THE SKILLS OF GOLF PROFESSIONALS AND THE OPPORTUNITIES FOR AMATEURS, MANUFACTURERS, AND GENERAL PUBLIC. AS A RESULT, THE SOUTH FLORIDA SECTION WILL ELEVATE THE STANDARDS OF THE PROFESSIONAL GOLFERS' VOCATION, STIMULATE INTEREST IN THE GAME OF GOLF AND PROMOTE THE OVERALL VITALITY OF THE GAME.
-
TOURNAMENTS: AS PART OF SOUTH FLORIDA SECTION'S MISSION TO PROMOTE THE GAME OF GOLF, WE PROVIDE PLAYING OPPORTUNITIES FOR GOLF PROFESSIONALS AND AMATEURS ALIKE. THESE PLAYING OPPORTUNITIES ENCOURAGE MORE PARTICIPATION IN THE GAME OF GOLF BY PROMOTING THE GAME THROUGH ITS GRASS ROOTS EFFORTS IN THE SOUTH FLORIDA REGION.
-
EDUCATION: GOLF PROFESSIONALS ARE THE FOUNDATION OF GOLF. THE PROFESSIONALS ARE EXPERT INSTRUCTORS AND COMMUNITY LEADERS WHO HELP PROVIDE AFFORDABLE AND ACCESSIBLE GOLF TO EVERYONE, EVERYWHERE WITHIN THE SOUTH FLORIDA REGION. THE SOUTH FLORIDA REGION PROVIDES EDUCATIONAL PROGRAMS TO ENSURE THAT GOLF PROFESSIONALS WILL REMAIN AT THE FOREFRONT OF THE GAME PROVIDING ENJOYMENT TO MANY FOR GENERATIONS TO COME.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Don MeadowsDON MEADOWS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Paul ClivioPAUL CLIVIO
VICE PRESIDENT/SEC
- Total calculated
- $0
- Hours/week
- 2
-
Karl BublitzKARL BUBLITZ
HONORARY PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Marty CaifanoMARTY CAIFANO
DIRECTOR/SOUTHERN
- Total calculated
- $0
- Hours/week
- 2
-
Ben BauerBEN BAUER
DIRECTOR/SOUTHEAST
- Total calculated
- $0
- Hours/week
- 2
-
Jeff NixonJEFF NIXON
DIRECTOR/SOUTHWEST
- Total calculated
- $0
- Hours/week
- 2
-
Antonio LoyolaANTONIO LOYOLA
DIRECTOR/ISLAND
- Total calculated
- $0
- Hours/week
- 2
-
Sonny GrossoSONNY GROSSO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
David KentDAVID KENT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bill FriesingBILL FRIESING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Geoff LofsteadGEOFF LOFSTEAD
EXECUTIVE DIRECTOR
- Total calculated
- $314,247
- From this org
- $276,339
- From related orgs
- $0
- Other
- $37,908
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $276,339
- Bonus
- $0
- Other
- $0
- Deferred
- $6,432
- Nontaxable benefits
- $31,476
- Filer's total
- $314,247
-
Meredith SchulerMEREDITH SCHULER
DIRECTOR OF OPERATIONS
- Total calculated
- $170,005
- From this org
- $149,783
- From related orgs
- $0
- Other
- $20,222
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,783
- Bonus
- $0
- Other
- $0
- Deferred
- $3,887
- Nontaxable benefits
- $16,335
- Filer's total
- $170,005
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
- 1a · Travel for companions
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 3 · Compensation survey or study
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
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
-
$25,000
PROGRAM SERVICES
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312489349300116
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