Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $80,979

• 2a · Program service revenue: TOURNAMENT REVENUE

  total $356,502 · related or exempt $356,502

• 2b · Program service revenue: GOLF PASS REVENUE

  total $296,211 · related or exempt $296,211

• 2c · Program service revenue: REIMBURSED EXPENSES

  total $29,663 · related or exempt $29,663

• 2d · Program service revenue: SPONSORSHIP REVENUE

  total $14,000 · excluded $14,000

• 2e · Program service revenue: MANAGEMENT FEE REVENUE

  total $10,000 · related or exempt $10,000

• 2f · All other program service revenue

  total $2,100 · related or exempt $2,100

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $44,828 · program services $44,828

• 11a · Fees: management

  total $331,075 · program services $231,752 · management and general $99,323

• 11g · Fees: other

  total $63,449 · program services $62,493 · management and general $956

• 12 · Advertising and promotion

  total $21,364 · program services $21,364

• 13 · Office expenses

  total $53,293 · program services $41,778 · management and general $11,515

• 17 · Travel

  total $10,576 · program services $4,656 · management and general $5,920

• 22 · Depreciation, depletion and amortization

  total $1,663 · management and general $1,663

• 24a · Other expenses: TOURNAMENT OPERATIONS

  total $182,309 · program services $182,309

• 24b · Other expenses: FOOD AND BEVERAGE

  total $52,234 · program services $52,234

• 24c · Other expenses: TOURNAMENT PRIZES

  total $50,442 · program services $49,642 · management and general $800

• 24d · Other expenses: PROCESSING FEES

  total $16,767 · program services $16,671 · management and general $96

• 24e · All other expenses

  total $8,182 · program services $7,631 · management and general $551

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $126,878 · end of year $108,197

• 4 · Accounts receivable

  beginning of year $6,575 · end of year $53,815

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

  $4,990

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

  $4,158

• 10c · Land, buildings and equipment, net

  beginning of year $2,495 · end of year $832

• 15 · Other assets

  beginning of year $417,975 · end of year $345,520

• 17 · Accounts payable and accrued expenses

  beginning of year $23,996 · end of year $25,164

• 27 · Net assets without donor restrictions

  beginning of year $529,927 · end of year $401,480

• 28 · Net assets with donor restrictions

  end of year $81,720

The filer's explanations (Part III)

PART I, LINE 3

RELIED ON THE UTAH SECTION OF THE PGA OF AMERICA TO IDENTIFY AND IMPLEMENT THE METHODOLOGIES USED FOR ESTABLISHING COMPENSATION.