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Nonprofiteer
← THE GOOD SPORT

Form 990 for tax year 2023

Filed by THE GOOD SPORT.

Totals

Total revenue
$291,987
Total expenses
$370,347
Contributions and grants received
$85,000
Grants paid
$22,500
Program service revenue
$206,987
Investment income
$0
Other revenue
$0
Total assets, end of year
$142,515
Total liabilities, end of year
$76,625
Net assets or fund balances, end of year
$65,890
Program services expenses (Part IX)
$344,446
Management and general expenses
$25,901
Fundraising expenses
$0
Program service expenses (Part III)
$344,446

Program services were 93.0% 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

    $85,000

  • 2a · Program service revenue: GOLF TOURNAMENT

    total $206,987 · related or exempt $206,987

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $22,500 · program services $22,500

  • 11a · Fees: management

    total $20,477 · program services $15,477 · management and general $5,000

  • 11c · Fees: accounting

    total $4,012 · management and general $4,012

  • 11g · Fees: other

    total $48 · management and general $48

  • 12 · Advertising and promotion

    total $8,772 · program services $8,772

  • 13 · Office expenses

    total $4,595 · management and general $4,595

  • 17 · Travel

    total $981 · program services $981

  • 20 · Interest

    total $7,219 · management and general $7,219

  • 24a · Other expenses: TOURNAMENT OPERATIONS

    total $217,952 · program services $217,952

  • 24b · Other expenses: CLUBHOUSES FEES

    total $78,332 · program services $78,332

  • 24c · Other expenses: MISCELLANEOUS EXPENSES

    total $5,027 · management and general $5,027

  • 24d · Other expenses: TAXES & LICENSES

    total $432 · program services $432

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $415,133 · end of year $129,456

  • 4 · Accounts receivable

    beginning of year $78,266 · end of year $11,511

  • 15 · Other assets

    beginning of year $1,548 · end of year $1,548

  • 17 · Accounts payable and accrued expenses

    beginning of year $58,182 · end of year $36,925

  • 23 · Secured mortgages and notes payable

    beginning of year $292,515 · end of year $39,700

  • 27 · Net assets without donor restrictions

    beginning of year $144,250 · end of year $65,890

Mission and programs · 2023

Mission

GOLF FORE IMPACT IS ORGANIZED AND OPERATED TO RAISE MONEY FOR ALABAMA CHARITIES BY HOSTING PROFESSIONAL GOLF ASSOCIATION SANCTIONED GOLF TOURNAMENT AS PART OF THE PGA KORN FERRY TOUR.

  • GOLF FORE IMPACT IS ORGANIZED AND OPERATED TO RAISE MONEY FOR ALABAMA CHARITIES BY HOSTING PROFESSIONAL GOLF ASSOCIATION SANCTIONED GOLF TOURNAMENT AS PART OF THE PGA KORN FERRY TOUR.

    Expenses $344,446 · Grants $22,500 · Revenue $206,987

As filed on the 2023 return.

Listed in Part VII

  • Gary Michael Eady

    SECRETARY

    Total calculated
    $152,857
    From this org
    $0
    From related orgs
    $152,857
    Other
    $0
    Hours/week
    10

    Schedule J breakdown matched by us

    Base
    $0 + $152,857 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $152,857 related
  • Andrew Jackson Knight

    DIRECTOR

    Total calculated
    $92,763
    From this org
    $0
    From related orgs
    $92,763
    Other
    $0
    Hours/week
    10
  • Chris Nix

    PRESIDENT

    Total calculated
    $0
    Hours/week
    40
  • David J Knight

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 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 3
THE BOARD OF KNIGHT EADY SPORTS GROUP, LLC, A RELATED ORGANIZATION, REVIEWS AND APPROVES THE COMPENSATION OF THE PRESIDENT AND SECRETARY.

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

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • KNIGHT EADY SPORTS GROUP LLC

    S · SPORT EVENT MANAGEMENT · AL

Provenance

Return type
form_990
Tax year
2023
Filed
14 April 2025
IRS schema version
2023v6.0
Source object
202541059349302359

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