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Nonprofiteer
← AMERICAN JUNIOR GOLF FOUNDATION INC

Form 990 for tax year 2024

Filed by AMERICAN JUNIOR GOLF FOUNDATION INC.

Totals

Total revenue
$6,838,134
Total expenses
$4,351,785
Contributions and grants received
$5,868,394
Grants paid
$2,928,327
Program service revenue
$0
Investment income
$469,740
Other revenue
$500,000
Total assets, end of year
$25,654,991
Total liabilities, end of year
$298,184
Net assets or fund balances, end of year
$25,356,807
Program services expenses (Part IX)
$3,472,751
Management and general expenses
$224,979
Fundraising expenses
$654,055
Program service expenses (Part III)
$3,472,751

Program services were 79.8% 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.

  • 1d · Related organizations

    $2,996,683

  • 1f · All other contributions, gifts and grants

    $2,871,711

  • 3 · Investment income

    total $422,255 · excluded $422,255

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $500,000

  • 6c · Rental income or loss

    real property $500,000 · personal property $0

  • 6d · Net rental income or loss

    total $500,000 · excluded $500,000

  • 7a · Gross sales of assets other than inventory

    securities $453,176 · other assets $21,000

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

    securities $405,691 · other assets $21,000

  • 7c · Gain or loss

    securities $47,485

  • 7d · Net gain or loss

    total $47,485 · excluded $47,485

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,872,629 · program services $1,872,629

  • 2 · Grants to domestic individuals

    total $1,055,698 · program services $1,055,698

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $533,358 · program services $218,687 · management and general $98,332 · fundraising $216,339

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $6,970 · program services $2,858 · management and general $1,285 · fundraising $2,827

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $22,450 · management and general $22,450

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $2,140 · management and general $2,140

  • 11g · Fees: other

    total $54,160 · fundraising $54,160

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $21,783 · management and general $21,783

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $115,938 · program services $98,357 · management and general $11,182 · fundraising $6,399

  • 17 · Travel

    total $4,040 · program services $4,040

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $213,268 · program services $180,928 · management and general $20,569 · fundraising $11,771

  • 23 · Insurance

    total $0

  • 24a · Other expenses: EVENT EXPENSES

    total $319,653 · fundraising $319,653

  • 24b · Other expenses: TAXES AND LICENSES

    total $46,624 · program services $39,554 · management and general $4,497 · fundraising $2,573

  • 24c · Other expenses: BANK CHARGES

    total $42,741 · management and general $42,741

  • 24d · Other expenses: OTHER EXPENSES

    total $40,333 · fundraising $40,333

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,915,490 · end of year $6,621,255

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $1,131,259 · end of year $954,941

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $579 · end of year $0

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

    $5,140,007

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

    $2,894,520

  • 10c · Land, buildings and equipment, net

    beginning of year $1,522,966 · end of year $2,245,487

  • 11 · Investments: publicly traded securities

    beginning of year $12,752,958 · end of year $13,967,552

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $1,173,138 · end of year $1,865,756

  • 17 · Accounts payable and accrued expenses

    beginning of year $181,392 · end of year $247,276

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $22,593 · end of year $50,908

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $17,872,057 · end of year $16,978,896

  • 28 · Net assets with donor restrictions

    beginning of year $4,420,348 · end of year $8,377,911

Mission and programs · 2024

Mission

DONATION OF FUNDS TO LOCAL JUNIOR GOLF ASSOCIATIONS.

  • THE ACE GRANT IS A FINANICAL ASSISTANCE PROGRAM WHICH ALLOWS JUNIOR GOLFERS WHO HAVE THE TALENT TO PURSUE THEIR DREAM OF A COLLEGE EDUCATION, REGARDLESS OF THEIR FAMILY'S FINANCIAL RESOURCES.

    Expenses $1,600,122 · Grants $1,055,698

  • DONATION OF FUNDS TO LOCAL JUNIOR GOLF ASSSOCIATIONS AND OTHER 501(C)(3) NON-PROFIT ORGANIZATIONS.

    Expenses $1,872,629 · Grants $1,872,629

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Stephen Hamblin

    EXECUTIVE DIRECTOR

    Total calculated
    $914,499
    From this org
    $0
    From related orgs
    $795,912
    Other
    $118,587
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $442,042 related
    Bonus
    not reported + $135,000 related
    Other
    not reported + $218,870 related
    Deferred
    not reported + $84,750 related
    Nontaxable benefits
    not reported + $33,837 related
    Filer's total
    not reported + $914,499 related

  • Jason Miller

    CFO

    Total calculated
    $443,806
    From this org
    $0
    From related orgs
    $382,063
    Other
    $61,743
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $265,116 related
    Bonus
    not reported + $72,000 related
    Other
    not reported + $44,947 related
    Deferred
    not reported + $30,595 related
    Nontaxable benefits
    not reported + $31,148 related
    Filer's total
    not reported + $443,806 related

  • Jason Etzen

    CBO

    Total calculated
    $436,744
    From this org
    $0
    From related orgs
    $376,814
    Other
    $59,930
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $255,639 related
    Bonus
    not reported + $74,000 related
    Other
    not reported + $47,175 related
    Deferred
    not reported + $29,305 related
    Nontaxable benefits
    not reported + $30,625 related
    Filer's total
    not reported + $436,744 related

  • Mark Oskarson

    COO

    Total calculated
    $413,711
    From this org
    $0
    From related orgs
    $351,545
    Other
    $62,166
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $242,443 related
    Bonus
    not reported + $67,000 related
    Other
    not reported + $42,102 related
    Deferred
    not reported + $28,345 related
    Nontaxable benefits
    not reported + $33,821 related
    Filer's total
    not reported + $413,711 related

  • Jason Ross

    Chief Tournament Business Offi

    Total calculated
    $308,370
    From this org
    $0
    From related orgs
    $283,013
    Other
    $25,357
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $228,013 related
    Bonus
    not reported + $55,000 related
    Other
    not reported
    Deferred
    not reported + $14,240 related
    Nontaxable benefits
    not reported + $11,117 related
    Filer's total
    not reported + $308,370 related

  • Kevin Rinker

    Sr. VP Development

    Total calculated
    $239,215
    From this org
    $204,647
    From related orgs
    $0
    Other
    $34,568
    Hours/week
    45 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $176,297
    Bonus
    $27,000
    Other
    $1,350
    Deferred
    $9,768
    Nontaxable benefits
    $24,800
    Filer's total
    $239,215

  • Thomas Humphrey

    Chairman

    Total calculated
    $0
    Hours/week
    0.5

  • Bill Hughes

    Vice Chairman

    Total calculated
    $0
    Hours/week
    0.5

  • Mark Brazil

    Treasurer

    Total calculated
    $0
    Hours/week
    0.5

  • Pat Saunders

    Secretary

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Kirsten Dzialga

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Kenneth R Kennerly

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Seiji Liu

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • James E Nugent III

    Director

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Dan O'Donnell

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Tim Oitzman

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Marc DeFife

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Dan Fireman

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Michael Hudak

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Mariah Stackhouse

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Charlie Zink

    Director

    Total calculated
    $0
    Hours/week
    0.5

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 · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A
AMERICAN JUNIOR GOLF ASSOCIATION (A RELATED TAX-EXEMPT ORG) PAYS UP TO ONE HALF OF MEMBERSHIP DUES TO A GOLF CLUB IN ORDER TO FACILIATE BUSINESS MEETINGS AND ORGANIZATIONAL SOCIAL EVENTS RELATED TO GOLF, WHICH IS THE ORGANIZATION'S TAX-EXEMPT PURPOSE.
SCHEDULE J, PART I, LINE 4(B)
THE FOLLOWING PERSONS PARTICIPATED IN A 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN: 1. STEPHEN HAMBLIN 2. JASON MILLER 3. JASON ETZEN 4. MARK OSKARSON 5. JASON ROSS ACCRUALS TO THE PLAN AND 401(K) MATCHING CONTRIBUTIONS ARE REPORTED IN PART II COLUMN (C). A TOTAL $329,357 WAS PAID OUT OF THE PLAN IN 2024, AS FOLLOWS: $ 208,901 PAID OUT TO STEPHEN HAMBLIN $ 40,300 PAID OUT TO JASON MILLER $ 42,603 PAID OUT TO JASON ETZEN $ 37,553 PAID OUT TO MARK OSKARSON
SCHEDULE J, PART I, LINE 7
KEVIN RINKER, SR VP DEVELOPMENT'S REPORTABLE COMPENSATION FOR 2024 INCLUDES AN ANNUAL PERFORMANCE-BASED BONUS OF $27,000. OTHER EMPLOYEES' REPORTABLE COMPENSATION INCLUDES CAR ALLOWANCE, ADDITIONAL GIFT CARD COMPENSATION, LIFE INSURANCE PREMIUMS PAID AND OTHER MISCELLANEOUS COMPENSATION.

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

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

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
17 November 2025
IRS schema version
2024v5.2
Source object
202513199349303351

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

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