Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $521,100

• 2a · Program service revenue: Course fees

  total $2,590,025 · related or exempt $2,590,025

• 2b · Program service revenue: Tournament fees

  total $36,976 · related or exempt $36,976

• 2c · Program service revenue: Memberships

  total $2,150 · related or exempt $2,150

• 3 · Investment income

  total $76,754 · excluded $76,754

• 10a · Gross sales of inventory

  $853,186

• 10b · Cost of goods sold

  $345,316

• 10c · Net income from sales of inventory

  total $507,870 · related or exempt $507,870

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $134,984 · program services $40,496 · management and general $80,990 · fundraising $13,498

• 7 · Other salaries and wages

  total $905,507 · program services $878,342 · management and general $9,055 · fundraising $18,110

• 8 · Pension plan contributions

  total $81,384 · program services $78,942 · management and general $814 · fundraising $1,628

• 9 · Other employee benefits

  total $83,338 · program services $80,838 · management and general $833 · fundraising $1,667

• 10 · Payroll taxes

  total $90,353 · program services $87,642 · management and general $904 · fundraising $1,807

• 11c · Fees: accounting

  total $14,712 · management and general $14,712

• 11g · Fees: other

  total $213,425 · program services $207,023 · management and general $2,134 · fundraising $4,268

• 13 · Office expenses

  total $187,254 · program services $181,636 · management and general $1,873 · fundraising $3,745

• 14 · Information technology

  total $1,347 · management and general $1,347

• 16 · Occupancy

  total $159,399 · program services $154,617 · management and general $1,594 · fundraising $3,188

• 17 · Travel

  total $1,010 · program services $980 · management and general $10 · fundraising $20

• 20 · Interest

  total $12,961 · management and general $12,961

• 22 · Depreciation, depletion and amortization

  total $521,070 · management and general $521,070

• 23 · Insurance

  total $75,071 · management and general $75,071

• 24a · Other expenses: Repairs and maintenance

  total $363,043 · program services $363,043

• 24b · Other expenses: Equipment Rental

  total $169,227 · program services $169,227

• 24c · Other expenses: Course operations

  total $89,480 · program services $89,480

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $70,042 · end of year $35,311

• 2 · Savings and temporary cash investments

  beginning of year $1,180,000 · end of year $1,960,000

• 3 · Pledges and grants receivable

  beginning of year $4,384 · end of year $4,384

• 4 · Accounts receivable

  end of year $22,535

• 8 · Inventories for sale or use

  beginning of year $28,576 · end of year $35,389

• 9 · Prepaid expenses and deferred charges

  beginning of year $101,072 · end of year $124,724

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

  $10,630,453

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

  $2,115,656

• 10c · Land, buildings and equipment, net

  beginning of year $8,889,411 · end of year $8,514,797

• 15 · Other assets

  beginning of year $310,060 · end of year $309,876

• 17 · Accounts payable and accrued expenses

  beginning of year $180,311 · end of year $204,455

• 19 · Deferred revenue

  beginning of year $35,862 · end of year $50,863

• 25 · Other liabilities

  beginning of year $1,962,649 · end of year $1,715,665

• 27 · Net assets without donor restrictions

  beginning of year $8,107,693 · end of year $8,219,389

• 28 · Net assets with donor restrictions

  beginning of year $297,030 · end of year $816,644

The filer's explanations (Part III)

Part I. Line 3- Compensation Explanation

The compensation listed is for the 2023 calendar year. Steve Timms serves as the president/CEO of three related organizations. His total compensation is paid for by Houston Golf Association,Inc. This compensation is then allocated between the three related organizations based on estimated time committed to each. His time and compensation is allocated 15% Houston Golf Association,Inc., 43% Houston Golf Association Youth Program, Inc., and 42% Houston Municipal Golf Association, Inc. The Houston Golf Association, Inc. has a compensation committee and engages an outside firm that conducts a compensation study on a regular basis.