Totals
- Total revenue
- $234,349
- Total expenses
- $258,614
- Contributions and grants received
- $279,711
- Grants paid
- $237,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$45,362
- Total assets, end of year
- $141,705
- Total liabilities, end of year
- $1,942
- Net assets or fund balances, end of year
- $139,763
- Program services expenses (Part IX)
- $237,000
- Management and general expenses
- $21,614
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $237,000
Program services were 91.6% 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.
-
1c · Fundraising events
$79,711
-
1f · All other contributions, gifts and grants
$200,000
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$79,711
-
8b · Fundraising events: direct expenses
$45,362
-
8c · Net income from fundraising events
total -$45,362
-
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 $237,000 · program services $237,000
-
2 · Grants to domestic individuals
total $0
-
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 $0
-
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 $7,815 · management and general $7,815
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $8,152 · management and general $8,152
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: INTERNET
total $41 · management and general $41
-
24b · Other expenses: BUSINESS EXPENSE
total $5,606 · management and general $5,606
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $159,041 · end of year $140,705
-
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 $4,987 · end of year $1,000
-
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
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
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 $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $1,942
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · 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
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $164,028 · end of year $139,763
Mission and programs · 2022
Mission
TO PROVIDE FINANCIAL SUPPORT TO NONPROFITS IN ORDER TO IMPROVE THE COMMUNITIES IN WHICH THE DORMIE NETWORK, LLC WORKS, LIVES, AND PARTNERS, VIA FUNDRAISING VENTURES INCLUDING GOLF EVENTS, MERCHANDISE SALES, AND DIRECT CONTRIBUTIONS FROM DORMIE NETWORK'S MEMBERSHIP.
Activities or mission (Part I)
TO PROVIDE FINANCIAL SUPPORT TO NONPROFIT IN ORDER TO IMPROVE THE COMMUNITIES IN WHICH THE DORMIE NETWORK, LLC WORKS, LIVES, AND PARTNERS VIA FUNDRAISING VENTURES.
-
To provide financial support to nonprofits in order to improve the communities in which the Dormie Network, LLC works, lives, and partners, via fundraising ventures including golf events, merchandise sales, and direct contributions from Dormie Network's membership.
Expenses $237,000 · Grants $237,000
As filed on the 2022 return.
Listed in Part VII
-
Brian Schenk
TREASURER/SECRETARY
- Total calculated
- $203,594
- From this org
- $0
- From related orgs
- $199,335
- Other
- $4,259
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $199,335 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $4,259 related
- Filer's total
- $0 + $203,594 related
-
Zach Peed
PRESIDENT
- Total calculated
- $40,236
- From this org
- $0
- From related orgs
- $35,977
- Other
- $4,259
- Hours/week
- 1 + 39 related
-
Tom Peed
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rhonda Peed
Director
- Total calculated
- $0
- Hours/week
- 1
-
Morgan Peed
Director
- Total calculated
- $0
- Hours/week
- 1
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
None.
Answered no
None.
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
-
GENERAL OPERATIONS
-
$25,000
GENERAL OPERATIONS
-
$25,000
GENERAL OPERATIONS
-
$25,000
General Operations
-
$20,000
GENERAL OPERATIONS
-
Virginia State Golf Association
$15,000
GENERAL OPERATIONS
-
GENERAL OPERATIONS
-
GENERAL OPERATIONS
-
$10,000
GENERAL OPERATIONS
-
$10,000
General Operations
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
GOLF MGMT CO · NE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301319349302680
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.