Form 990 for tax year 2025

1c · Fundraising events

$136,000

1f · All other contributions, gifts and grants

$5,605,639

1g · Noncash contributions included above

$49,310

2a · Program service revenue: TOURNAMENT FEES AND SP

total $456,179 · related or exempt $456,179

2b · Program service revenue: INTERNATIONAL MATCHES

total $69,897 · related or exempt $69,897

2c · Program service revenue: JUNIOR GOLF AND OTHER

total $39,900 · related or exempt $39,900

2d · Program service revenue: EDUCATIONAL PROGRAMS A

total $35,320 · related or exempt $35,320

2e · Program service revenue: HOLE IN ONE PROGRAM

total $3,735 · related or exempt $3,735

3 · Investment income

total $218,012 · excluded $218,012

7a · Gross sales of assets other than inventory

securities $3,436,042

7b · Less cost or other basis and sales expenses

securities $3,400,447

7c · Gain or loss

securities $35,595

7d · Net gain or loss

total $35,595 · excluded $35,595

8a · Fundraising events: gross income

$361,293

8a · Fundraising events: contributions included on line 1c

$136,000

8b · Fundraising events: direct expenses

$187,564

8c · Net income from fundraising events

total $173,729 · excluded $173,729

11a · Other revenue: OFFICE SERVICES

total $14,100 · related or exempt $14,100

11e · Other revenue, total

$14,100

2 · Grants to domestic individuals

total $108,066 · program services $108,066

7 · Other salaries and wages

total $1,198,719 · program services $938,719 · management and general $140,000 · fundraising $120,000

10 · Payroll taxes

total $74,791 · program services $74,791

11c · Fees: accounting

total $10,300 · program services $10,300

13 · Office expenses

total $53,002 · program services $21,013 · management and general $3,891 · fundraising $28,098

16 · Occupancy

total $56,611 · program services $45,289 · management and general $5,661 · fundraising $5,661

22 · Depreciation, depletion and amortization

total $67,028 · program services $53,622 · management and general $6,703 · fundraising $6,703

24a · Other expenses: COMPETITION EVENT

total $1,925,000 · program services $1,925,000

24b · Other expenses: OTHER

total $238,195 · program services $138,686 · management and general $14,082 · fundraising $85,427

24c · Other expenses: TOURNAMENTS

total $119,608 · program services $119,608

24d · Other expenses: ADAPTIVE GOLF

total $52,049 · program services $52,049

24e · All other expenses

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

1 · Cash, non-interest-bearing

beginning of year $5,551 · end of year $5,251

2 · Savings and temporary cash investments

beginning of year $3,318,575 · end of year $1,606,135

4 · Accounts receivable

beginning of year $34,707 · end of year $342,189

9 · Prepaid expenses and deferred charges

beginning of year $7,294 · end of year $44,095

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

$1,651,348

10b · Land, buildings and equipment: accumulated depreciation

$949,435

10c · Land, buildings and equipment, net

beginning of year $768,941 · end of year $701,913

11 · Investments: publicly traded securities

beginning of year $6,561,853 · end of year $9,439,905

17 · Accounts payable and accrued expenses

beginning of year $2,338,084 · end of year $18,964

19 · Deferred revenue

end of year $429,915

27 · Net assets without donor restrictions

beginning of year $5,704,786 · end of year $6,533,832

28 · Net assets with donor restrictions

beginning of year $2,654,051 · end of year $5,156,777