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Nonprofiteer
← ANNIKA FOUNDATION

Form 990 for tax year 2024

Filed by ANNIKA FOUNDATION.

Totals

Total revenue
$2,615,745
Total expenses
$2,006,478
Contributions and grants received
$989,470
Grants paid
$101,000
Program service revenue
$1,463,685
Investment income
$128,090
Other revenue
$34,500
Total assets, end of year
$3,611,653
Total liabilities, end of year
$296,858
Net assets or fund balances, end of year
$3,314,795
Program services expenses (Part IX)
$1,283,550
Management and general expenses
$279,728
Fundraising expenses
$443,200
Program service expenses (Part III)
$1,283,550

Program services were 64.0% 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

    $989,470

  • 2a · Program service revenue: SPONSORSHIP AND PROGRAM FEES

    total $1,463,685 · related or exempt $1,463,685

  • 3 · Investment income

    total $72,852 · excluded $72,852

  • 7a · Gross sales of assets other than inventory

    securities $2,947,570

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

    securities $2,892,332

  • 7c · Gain or loss

    securities $55,238

  • 7d · Net gain or loss

    total $55,238 · excluded $55,238

  • 11d · All other revenue

    total $34,500 · related or exempt $34,500

  • 11e · Other revenue, total

    $34,500

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $20,000 · program services $20,000

  • 2 · Grants to domestic individuals

    total $51,000 · program services $51,000

  • 3 · Grants to foreign organizations and individuals

    total $30,000 · program services $30,000

  • 5 · Compensation of officers, directors and key employees

    total $377,509 · program services $163,340 · management and general $65,093 · fundraising $149,076

  • 7 · Other salaries and wages

    total $127,095 · program services $55,037 · management and general $22,081 · fundraising $49,977

  • 8 · Pension plan contributions

    total $4,450 · program services $1,915 · management and general $731 · fundraising $1,804

  • 9 · Other employee benefits

    total $12,996 · program services $5,594 · management and general $2,134 · fundraising $5,268

  • 10 · Payroll taxes

    total $24,906 · program services $11,596 · management and general $4,559 · fundraising $8,751

  • 11b · Fees: legal

    total $17,297 · program services $15,701 · fundraising $1,596

  • 11c · Fees: accounting

    total $59,144 · management and general $59,144

  • 11f · Fees: investment management

    total $19,370 · management and general $19,370

  • 11g · Fees: other

    total $165,495 · program services $67,243 · management and general $84,875 · fundraising $13,377

  • 12 · Advertising and promotion

    total $121,701 · fundraising $121,701

  • 13 · Office expenses

    total $10,022 · program services $10,022

  • 14 · Information technology

    total $8,513 · management and general $8,513

  • 17 · Travel

    total $109,746 · program services $109,746

  • 22 · Depreciation, depletion and amortization

    total $1,804 · program services $1,804

  • 23 · Insurance

    total $8,531 · program services $3,805 · management and general $3,847 · fundraising $879

  • 24a · Other expenses: EVENTS

    total $835,566 · program services $735,414 · management and general $9,381 · fundraising $90,771

  • 24e · All other expenses

    total $1,333 · program services $1,333

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $227,361 · end of year $126,129

  • 4 · Accounts receivable

    beginning of year $89,094 · end of year $20,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $40,257 · end of year $33,799

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

    $12,718

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

    $9,485

  • 10c · Land, buildings and equipment, net

    beginning of year $5,037 · end of year $3,233

  • 11 · Investments: publicly traded securities

    beginning of year $2,135,674 · end of year $3,428,492

  • 17 · Accounts payable and accrued expenses

    beginning of year $61,929 · end of year $79,538

  • 19 · Deferred revenue

    beginning of year $63,916 · end of year $217,320

  • 27 · Net assets without donor restrictions

    beginning of year $2,371,578 · end of year $3,314,795

Mission and programs · 2024

Mission

THE ANNIKA FOUNDATION AIMS TO DEVELOP, EMPOWER AND ADVANCE YOUNG WOMEN AROUND THE WORLD THROUGH GOLF AND IN LIFE. MORE SPECIFICALLY, WE PROVIDE OPPORTUNITIES IN WOMEN'S GOLF AT THE JUNIOR, COLLEGIATE AND PROFESSIONAL LEVELS WHILE TEACHING. YOUNG PEOPLE THE IMPORTANCE OF PERSONAL DEVELOPMENT, INCLUDING LIVING A HEALTHY, ACTIVE LIFESTYLE THROUGH FITNESS AND NUTRITION.

Activities or mission (Part I)

DEVELOPS AND EMPOWERS THE NEXT GENERATION OF WOMEN AROUND THE WORLD THROUGH THE GAME OF GOLF.

  • ANNIKA FOUNDATION CONDUCTS SEVEN MAJOR GOLF EVENTS FOR ASPIRING JUNIOR, COLLEGIATE AND AMATEUR FEMALE GOLFERS. THE GLOBAL TOURNAMENTS INCLUDE HILTON GRAND VACATIONS ANNIKA INVITATIONAL PRESENTED BY ROLEX; ANNIKA CUP AND ANNIKA INVITATIONAL EUROPE; CDW GIRLS JUNIOR ALL-STAR CHAMPIONSHIP; ANNIKA INTERCOLLEGIATE PRESENTED BY 3M; ANNIKA INVITATIONAL ASIA AND WOMEN'S AMATEUR LATIN AMERICA. OTHER INITIATIVES INCLUDE THE ANNIKA AWARD PRESENTED BY 3M, THE ANNIKA DEVELOPMENT PROGRAM AND THE ANNIKA WOMEN'S ALL PRO TOUR WHICH ARE SUPPORTED THROUGH THE FOUNDATION IN COLLABORATION WITH OTHER ORGANIZATIONS.

    Expenses $990,198 · Grants $5,000 · Revenue $858,335

  • THE ANNIKA FOUNDATION ALSO CONDUCTS SIX GRASSROOT CLINICS CALLED "SHARE MY PASSION" CLINICS, THAT INTRODUCE YOUNG GIRLS TO THE GAME.

    Expenses $50,382 · Revenue $341,000

  • SINCE 2014, THE FOUNDATION HAS ANNUALLY HOSTED THE ANNIKA INTERCOLLEGIATE PRESENTED BY 3M, A WOMEN'S COLLEGE TOURNAMENT FEATURING 12 TOP DIVISION I SCHOOLS. MOREOVER, WITH THE SUPPORT OF THE HASKINS FOUNDATION, THE FOUNDATION CREATED THE ANNIKA AWARD PRESENTED BY STIFEL, WHICH IS GIVEN ANNUALLY TO THE BEST COLLEGIATE FEMALE GOLFER. THE ANNIKA DEVELOPMENT PROGRAM IS A THREE-YEAR INITIATIVE BY THE ANNIKA FOUNDATION AND OLD BARNWELL THAT PROVIDES ASSISTANCE AND SUPPORT TO TWELVE COLLEGE GRADUATES PURSUING PROFESSIONAL GOLF DREAMS. ESTABLISHED IN 2022 TO FILL A CRITICAL GAP FOR RECENT GRADUATES, THE PROGRAM OFFERS BENEFITS TO ELIGIBLE PLAYERS, INCLUDING MENTORSHIP, TRAINING, AND PATHWAYS TO THE PROFESSIONAL RANKS, HELPING THEM DEVELOP AS BOTH ON-COURSE AND OFF-COURSE PROFESSIONALS.

    Expenses $204,392 · Grants $96,000 · Revenue $249,350

  • THE ANNIKA WOMEN'S ALL PRO TOUR (WAPT) IS A PROFESSIONAL GOLF TOUR FOR WOMEN GOLFERS, ESTABLISHED IN 2019 AND REBRANDED IN 2024, THAT SERVES AS A DEVELOPMENT PATHWAY TO THE EPSON TOUR AND THE LPGA TOUR. IT PROVIDES PROFESSIONAL-LEVEL COMPETITION, NETWORKING OPPORTUNITIES, AND HAS A PARTNERSHIP WITH THE LPGA'S EPSON TOUR, OFFERING PLAYERS WAYS TO EARN EXEMPTIONS INTO EPSON TOUR EVENTS. THE TOUR ALSO GIVES TOP PERFORMERS DIRECT ADVANCEMENT TO THE SECOND STAGE OF LPGA QUALIFYING.

    Expenses $25,640 · Revenue $5,000

  • FORE HIRE CAREER DEVELOPMENT EVENT

    Expenses $12,938 · Revenue $44,500

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

Listed in Part VII

  • ANNE BROHOLM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANNIKA SORENSTAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BARRY HYDE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRYNN WALKER COLLINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CALVIN BUTLER JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CRAIG ANNIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DANIEL DUTTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID BOCKORNY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAY BRENNAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAY EPSTIEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JERRY M MCGEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JIM NUGENT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOE BIER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROBERTA BOWMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SUZY WHALEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TOM RILEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANGELA IACONERADAELLI

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • CRYSTAL DAVIS

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • ROBERT K OHNO

    PRESIDENT & CEO

    Total calculated
    $377,509
    From this org
    $326,162
    From related orgs
    $0
    Other
    $51,347
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $257,500
    Bonus
    $68,662
    Other
    $0
    Deferred
    $10,758
    Nontaxable benefits
    $40,589
    Filer's total
    $377,509

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 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE CEO RECEIVED A BOARD APPROVED BONUS WHICH WAS REPORTED IN HIS 2024 W2.

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

Provenance

Return type
form_990
Tax year
2024
Filed
9 November 2025
IRS schema version
2024v5.2
Source object
202543149349302724

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