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Nonprofiteer
← AMERICAN JUNIOR GOLF FOUNDATION INC

Form 990 for tax year 2022

Filed by AMERICAN JUNIOR GOLF FOUNDATION INC.

Totals

Total revenue
$4,184,052
Total expenses
$3,420,791
Contributions and grants received
$3,277,610
Grants paid
$2,227,089
Program service revenue
$0
Investment income
$450,442
Other revenue
$456,000
Total assets, end of year
$19,463,335
Total liabilities, end of year
$443,418
Net assets or fund balances, end of year
$19,019,917
Program services expenses (Part IX)
$2,706,259
Management and general expenses
$208,687
Fundraising expenses
$505,845
Program service expenses (Part III)
$2,706,259

Program services were 79.1% 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

    $1,244,400

  • 1f · All other contributions, gifts and grants

    $2,033,210

  • 3 · Investment income

    total $450,442 · excluded $450,442

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

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $456,000

  • 6c · Rental income or loss

    real property $456,000 · personal property $0

  • 6d · Net rental income or loss

    total $456,000 · excluded $456,000

  • 7d · Net gain or loss

    total $0

  • 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 $1,514,304 · program services $1,514,304

  • 2 · Grants to domestic individuals

    total $712,785 · program services $712,785

  • 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 $488,621 · program services $196,170 · management and general $93,698 · fundraising $198,753

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $20,350 · management and general $20,350

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $40,750 · management and general $40,750

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $22,046 · management and general $22,046

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $108,976 · program services $93,032 · management and general $10,929 · fundraising $5,015

  • 17 · Travel

    total $11,931 · program services $11,931

  • 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 $184,804 · program services $157,766 · management and general $18,533 · fundraising $8,505

  • 23 · Insurance

    total $0

  • 24a · Other expenses: OTHER EXPENSES

    total $292,479 · fundraising $292,479

  • 24b · Other expenses: TAXES AND LICENSES

    total $23,745 · program services $20,271 · management and general $2,381 · fundraising $1,093

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,721,536 · end of year $4,394,316

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $77,212 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 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 $0 · end of year $0

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

    $4,171,385

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

    $2,488,257

  • 10c · Land, buildings and equipment, net

    beginning of year $1,747,352 · end of year $1,683,128

  • 11 · Investments: publicly traded securities

    beginning of year $12,931,979 · end of year $12,184,350

  • 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 $2,163,693 · end of year $1,201,541

  • 17 · Accounts payable and accrued expenses

    beginning of year $197,103 · end of year $443,418

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $300 · end of year $0

  • 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 $15,347,339 · end of year $14,936,357

  • 28 · Net assets with donor restrictions

    beginning of year $4,097,030 · end of year $4,083,560

Mission and programs · 2022

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 $1,191,955 · Grants $712,785

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

    Expenses $1,514,304 · Grants $1,514,304

As filed on the 2022 return.

Listed in Part VII

  • Stephen Hamblin

    EXECUTIVE DIRECTOR

    Total calculated
    $934,381
    From this org
    $0
    From related orgs
    $835,743
    Other
    $98,638
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $396,248 related
    Bonus
    not reported + $115,000 related
    Other
    not reported + $324,495 related
    Deferred
    not reported + $73,700 related
    Nontaxable benefits
    not reported + $24,938 related
    Filer's total
    not reported + $934,381 related

  • Jason Miller

    CFO

    Total calculated
    $425,428
    From this org
    $0
    From related orgs
    $376,452
    Other
    $48,976
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $250,295 related
    Bonus
    not reported + $68,000 related
    Other
    not reported + $58,157 related
    Deferred
    not reported + $25,200 related
    Nontaxable benefits
    not reported + $23,776 related
    Filer's total
    not reported + $425,428 related

  • Jason Etzen

    CBO

    Total calculated
    $410,621
    From this org
    $0
    From related orgs
    $364,100
    Other
    $46,521
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $237,289 related
    Bonus
    not reported + $69,000 related
    Other
    not reported + $57,811 related
    Deferred
    not reported + $24,450 related
    Nontaxable benefits
    not reported + $22,071 related
    Filer's total
    not reported + $410,621 related

  • Mark Oskarson

    COO

    Total calculated
    $382,325
    From this org
    $0
    From related orgs
    $333,665
    Other
    $48,660
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $227,517 related
    Bonus
    not reported + $60,000 related
    Other
    not reported + $46,148 related
    Deferred
    not reported + $23,741 related
    Nontaxable benefits
    not reported + $24,919 related
    Filer's total
    not reported + $382,325 related

  • Jason Ross

    Chief Tournament Business Offi

    Total calculated
    $265,661
    From this org
    $0
    From related orgs
    $237,923
    Other
    $27,738
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $192,623 related
    Bonus
    not reported + $45,000 related
    Other
    not reported + $300 related
    Deferred
    not reported + $19,565 related
    Nontaxable benefits
    not reported + $8,173 related
    Filer's total
    not reported + $265,661 related

  • Kevin Rinker

    Sr. VP Development

    Total calculated
    $208,566
    From this org
    $182,871
    From related orgs
    $0
    Other
    $25,695
    Hours/week
    45 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $161,776
    Bonus
    $20,000
    Other
    $1,095
    Deferred
    $7,469
    Nontaxable benefits
    $18,226
    Filer's total
    $208,566

  • Andrew Greenfield

    Sr. VP Tournament Operations

    Total calculated
    $146,481
    From this org
    $0
    From related orgs
    $116,725
    Other
    $29,756
    Hours/week
    0.5 + 45 related

  • 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

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 $462,841 WAS PAID OUT OF THE PLAN IN 2022, AS FOLLOWS: $314,798 PAID OUT TO STEPHEN HAMBLIN $ 53,433 PAID OUT TO JASON MILLER $ 53,106 PAID OUT TO JASON ETZEN $ 41,504 PAID OUT TO MARK OSKARSON
SCHEDULE J, PART I, LINE 7
KEVIN RINKER, SR VP DEVELOPMENT'S REPORTABLE COMPENSATION FOR 2022 INCLUDES AN ANNUAL PERFORMANCE-BASED BONUS OF $20,000. 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
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202323199349321117

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

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