Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $1,794,369

• 1f · All other contributions, gifts and grants

  $106,596

• 2a · Program service revenue: TOURNAMENTS

  total $641,510 · related or exempt $641,510

• 2b · Program service revenue: PLAYBOOK

  total $30,820 · related or exempt $30,820

• 3 · Investment income

  total $75,279 · excluded $75,279

• 7a · Gross sales of assets other than inventory

  securities $410,204

• 7b · Less cost or other basis and sales expenses

  securities $408,868

• 7c · Gain or loss

  securities $1,336

• 7d · Net gain or loss

  total $1,336 · excluded $1,336

• 11a · Other revenue: ADVERTISING

  total $28,580 · related or exempt $28,580

• 11e · Other revenue, total

  $28,580

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $128,200 · program services $128,200

• 5 · Compensation of officers, directors and key employees

  total $166,160 · program services $83,080 · management and general $83,080

• 7 · Other salaries and wages

  total $728,084 · program services $616,944 · management and general $111,140

• 10 · Payroll taxes

  total $300,906 · program services $229,370 · management and general $71,536

• 11c · Fees: accounting

  total $16,000 · management and general $16,000

• 11d · Fees: lobbying

  total $16,000 · management and general $16,000

• 11g · Fees: other

  total $31,966 · management and general $31,966

• 13 · Office expenses

  total $122,100 · program services $94,338 · management and general $27,762

• 17 · Travel

  total $17,941 · program services $13,924 · management and general $4,017

• 22 · Depreciation, depletion and amortization

  total $9,418 · program services $7,195 · management and general $2,223

• 23 · Insurance

  total $22,274 · program services $17,210 · management and general $5,064

• 24a · Other expenses: TOURNAMENT COSTS

  total $603,341 · program services $603,341

• 24b · Other expenses: COST OF HANDICAPS & MEE

  total $170,725 · program services $170,725

• 24c · Other expenses: OTHER PROGRAM SERVICES

  total $91,536 · program services $91,536

• 24d · Other expenses: NEWSLETTER

  total $48,325 · program services $37,338 · management and general $10,987

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $103,748 · end of year $796,996

• 2 · Savings and temporary cash investments

  beginning of year $25,796 · end of year $20,109

• 4 · Accounts receivable

  beginning of year $140,505 · end of year $110,755

• 8 · Inventories for sale or use

  beginning of year $5,212 · end of year $10,340

• 9 · Prepaid expenses and deferred charges

  beginning of year $78,586 · end of year $25,353

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

  $481,572

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

  $316,909

• 10c · Land, buildings and equipment, net

  beginning of year $168,660 · end of year $164,663

• 12 · Investments: other securities

  beginning of year $2,660,105 · end of year $2,355,933

• 15 · Other assets

  beginning of year $18,170 · end of year $14,145

• 17 · Accounts payable and accrued expenses

  beginning of year $228,148 · end of year $189,059

• 19 · Deferred revenue

  beginning of year $90,800 · end of year $162,385

• 25 · Other liabilities

  beginning of year $18,170 · end of year $14,145

• 27 · Net assets without donor restrictions

  beginning of year $2,863,664 · end of year $3,132,705

The filer's explanations (Part III)

PART I, LINE 3

THE BOARD'S COMPENSATION COMMITTEE WILL MEET ANNUALLY TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION FOR THE SUBSEQUENT FISCAL YEAR. THEIR PROCESS INCLUDES REVIEWING COMPENSATION SURVEYS FOR SIMILIARLY SIZED NON-PROFITS. AFTER DISCUSSION, A COMPENSATION AMOUNT IS DETERMINED AND RECOMMENDED TO THE BOARD. THE BOARD OF DIRECTORS WILL DISCUSS AS A WHOLE AND THEN VOTE TO APPROVE THE RECOMMENDED COMPENSATION.