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Nonprofiteer
← PGA TOUR CHARITIES INC

Form 990 for tax year 2022

Filed by PGA TOUR CHARITIES INC.

Totals

Total revenue
$2,679,209
Total expenses
$3,101,138
Contributions and grants received
$2,668,116
Grants paid
$3,027,173
Program services expenses (Part IX)
$3,027,173
Management and general expenses
$50,807
Fundraising expenses
$23,158
Program service expenses (Part III)
$3,027,173

Program services were 97.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MONAHAN JOSEPH W

    PRESIDENT/DIRECTOR

    Total calculated
    $18,620,857
    From this org
    $0
    From related orgs
    $14,960,274
    Other
    $3,660,583
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $1,791,409 related
    Bonus
    not reported + $9,220,031 related
    Other
    not reported + $3,948,834 related
    Deferred
    not reported + $3,631,652 related
    Nontaxable benefits
    not reported + $28,931 related
    Filer's total
    not reported + $18,620,857 related

  • SHARKEY KENNETH J

    VP/TREASURER THRU 6/30

    Total calculated
    $4,520,715
    From this org
    $0
    From related orgs
    $4,242,904
    Other
    $277,811
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $483,250 related
    Bonus
    not reported + $1,410,673 related
    Other
    not reported + $2,348,981 related
    Deferred
    not reported + $277,127 related
    Nontaxable benefits
    not reported + $684 related
    Filer's total
    not reported + $4,520,715 related

  • PRICE RONALD E

    VICE PRESIDENT/DIRECTOR

    Total calculated
    $3,725,738
    From this org
    $0
    From related orgs
    $3,692,443
    Other
    $33,295
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $757,092 related
    Bonus
    not reported + $1,534,575 related
    Other
    not reported + $1,400,776 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $33,295 related
    Filer's total
    not reported + $3,725,738 related

  • KELLER ALLISON W

    VICE PRESIDENT/SECRETARY

    Total calculated
    $2,567,221
    From this org
    $0
    From related orgs
    $2,479,360
    Other
    $87,861
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $525,041 related
    Bonus
    not reported + $1,323,457 related
    Other
    not reported + $630,862 related
    Deferred
    not reported + $57,722 related
    Nontaxable benefits
    not reported + $30,139 related
    Filer's total
    not reported + $2,567,221 related

  • ANDERSON RICHARD D

    FORMER VICE PRESIDENT

    Total calculated
    $2,496,414
    From this org
    $0
    From related orgs
    $2,352,188
    Other
    $144,226
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $487,620 related
    Bonus
    not reported + $1,338,184 related
    Other
    not reported + $526,384 related
    Deferred
    not reported + $117,036 related
    Nontaxable benefits
    not reported + $27,190 related
    Filer's total
    not reported + $2,496,414 related

  • BROWN LEONARD

    VICE PRESIDENT

    Total calculated
    $1,597,465
    From this org
    $0
    From related orgs
    $1,501,141
    Other
    $96,324
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $395,321 related
    Bonus
    not reported + $861,229 related
    Other
    not reported + $244,591 related
    Deferred
    not reported + $65,291 related
    Nontaxable benefits
    not reported + $31,033 related
    Filer's total
    not reported + $1,597,465 related

  • HAHN JAMES

    DIRECTOR

    Total calculated
    $1,341,219
    From this org
    $0
    From related orgs
    $1,130,100
    Other
    $211,119
    Hours/week
    1 + 1 related

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported + $1,130,100 related
    Other
    not reported
    Deferred
    not reported + $211,119 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $1,341,219 related

  • MADARA JAY M

    VP/TREASURER AS OF 7/1

    Total calculated
    $1,185,031
    From this org
    $0
    From related orgs
    $1,128,182
    Other
    $56,849
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $371,247 related
    Bonus
    not reported + $640,453 related
    Other
    not reported + $116,482 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $56,849 related
    Filer's total
    not reported + $1,185,031 related

  • HOFFMAN CHARLEY

    DIRECTOR

    Total calculated
    $994,612
    From this org
    $0
    From related orgs
    $899,522
    Other
    $95,090
    Hours/week
    1 + 1 related

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported + $899,522 related
    Other
    not reported
    Deferred
    not reported + $95,090 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $994,612 related

  • HERLIHY EDWARD D

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • RICHERSON JIM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

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 — 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

  • 4b · Supplemental nonqualified retirement plan

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 4B
PGA Charities has no employees and does not compensate any of the officers or directors reported on part VII of the Form 990. The officers and directors serving PGA Tour Charities volunteer their time and their compensation is paid by a related organization that, in turn, donates those professional services to PGA Tour Charities. CERTAIN EXECUTIVES PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IS A PLAN OF A RELATED ORGANIZATION AND NOT PGA TOUR CHARITIES, INC. DURING EMPLOYMENT, ACTUARIAL CHANGES ARE REPORTED BY PARTICIPANT AS OTHER WAGES IN PART II COLUMN (B)(III) OF SCHEDULE J. WHEN DISTRIBUTIONS ARE MADE AFTER RETIREMENT, THE REPORTABLE AMOUNT IS THE EXCESS OF THE TOTAL PAYMENT RECEIVED LESS ACTUARIAL AMOUNTS PREVIOUSLY REPORTED. ACTUARIAL AMOUNTS REPORTED AS PART OF THE PLAN TOTALED $11,547,183 IN 2022. THE PLAN PARTICIPANTS WERE RICHARD D. ANDERSON, LEONARD BROWN, ALLISON W. KELLER, JOSEPH W. MONAHAN, RONALD E. PRICE, AND KENNETH J. SHARKEY.

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
12 November 2023
IRS schema version
2022v5.0
Source object
202303199349316310

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

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