Form 990 for tax year 2024
Filed by LOWCOUNTRY FOUNDATION FOR WOUNDED MILITARY HEROS.
What the amendment changed
Compared with the return it replaced , filed 7 March 2025 — the latest of 2 it replaced. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
Those are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $434,167
- Total expenses
- $398,709
- Contributions and grants received
- $254,418
- Grants paid
- $300,000
- Program service revenue
- $0
- Investment income
- $6,378
- Other revenue
- $173,371
- Total assets, end of year
- $132,903
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $132,903
- Program services expenses (Part IX)
- $385,733
- Management and general expenses
- $12,976
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $385,733
Program services were 96.7% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$254,418
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
2f · All other program service revenue
total $0
-
3 · Investment income
total $6,378 · related or exempt $6,378 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0 · unrelated business $0 · excluded $0
-
9a · Gaming: gross income
$10,585
-
9b · Gaming: direct expenses
$2,215
-
9c · Net income from gaming
total $8,370 · related or exempt $8,370 · unrelated business $0 · excluded $0
-
11a · Other revenue: Service Dog Donations
total $104,500 · related or exempt $0 · unrelated business $0 · excluded $104,500
-
11b · Other revenue: Monetary Donations
total $45,975 · related or exempt $0 · unrelated business $0 · excluded $45,975
-
11c · Other revenue: All Other Revenue
total $14,526 · related or exempt $0 · unrelated business $0 · excluded $14,526
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$165,001
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $300,000 · program services $300,000
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $0 · program services $0 · management and general $0 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $0 · program services $0 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $0 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $0 · program services $0 · management and general $0 · fundraising $0
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $0 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $0 · program services $0 · management and general $0 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $0 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $3,682 · program services $0 · management and general $3,682 · fundraising $0
-
14 · Information technology
total $2,826 · program services $0 · management and general $2,826 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $0 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $331 · program services $0 · management and general $331 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $0 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $0 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $3,501 · program services $0 · management and general $3,501 · fundraising $0
-
24a · Other expenses: Wounded Heroes Golf Classic - Hampton Hall
total $27,276 · program services $27,276 · management and general $0 · fundraising $0
-
24b · Other expenses: Wounded Heroes Golf Classic - Wexford
total $28,834 · program services $28,834 · management and general $0 · fundraising $0
-
24c · Other expenses: Wounded Heroes Golf Classic - Oldfield
total $22,148 · program services $22,148 · management and general $0 · fundraising $0
-
24d · Other expenses: Other Events (Apprec. Night, Comm. Fundraiser)
total $7,475 · program services $7,475 · management and general $0 · fundraising $0
-
24e · All other expenses
total $2,636 · program services $0 · management and general $2,636 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,024 · end of year $8,104
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $21,500 · end of year $0
-
4 · Accounts receivable
beginning 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
-
10c · Land, buildings and equipment, net
beginning of year $0
-
11 · Investments: publicly traded securities
beginning of year $72,921 · end of year $124,799
-
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 $0
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $21,500 · 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
-
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 $75,945 · end of year $132,903
Mission and programs · 2024
Mission
Our mission is to provide funds that directly support wounded military heroes through charitable programs reviewed, approved, and recommended by Birdies for the Brave, a PGA Tour Charities, Inc. affiliate. These programs are designed specifically for the individual needs of our wounded heroes as they return to active duty or assimilate back into the civilian population.
Activities or mission (Part I)
To raise funds to distribute to charitable organizations recognized under 501 (c)(3), like PGA Tour Charities, Inc. focusing on wounded military heroes from post 9/11 combat and from all branches of the US military to assist them and their families as they assimilate back into active duty or into the civilian population.
-
LFWMH raises funds via annual golf tournament registration fees, sponsorships, donations from businesses and individuals, auction item sales, and raffle ticket sales. We hold several events throughout the year. Three (3) things make our golf outings unique; (1) We invite Wounded Heroes, as our guests, to play with the paying foursomes. Wounded Heroes are those injured in post 9/11 combat (Purple Heart recipients), those who have or are suffering from PTSD, and those with traumatic brain injuries. (2) We provide our Wounded Hero guests with a 1-hour golf clinic before the event begins, and (3) for approximately twelve (12) years, the Special Forces Association Parachute Team performs at each of our Golf Classic events which includes a tandem jumper making a minimum donation of $500.
Expenses $385,733 · Grants $300,000 · Revenue $445,267
As filed on the 2024 return.
Listed in Part VII
-
Pete Doukas
Chief Solicitor, Director
- Total calculated
- $0
- Hours/week
- 10
-
William Godsey
Director, Operations
- Total calculated
- $0
- Hours/week
- 10
-
David Lomasney
Director, Wexford
- Total calculated
- $0
- Hours/week
- 15
-
Doug Myers
Director at Large
- Total calculated
- $0
- Hours/week
- 2
-
Russ Spicer
CEO, Director
- Total calculated
- $0
- Hours/week
- 25
-
Alan Prenoveau
CFO, Director
- Total calculated
- $0
- Hours/week
- 20
-
George Ragland
Secretary, Director
- Total calculated
- $0
- Hours/week
- 3
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.
Grants on this return
-
To assist charities who support Post 9/11 combat wounded (Purple Heart recipients, those with traumatic brain injury or PTSD, etc.) Each year, our grants are made to Birdies for the Brave (B4B), a PGA Tour Charities Inc. affiliate. Our Board determines how much of our donation should go to each of the B4B charities we select. We ensure awards are given based on the criteria we have established and we approve where the donations are spent to ensure (to the extent possible) that our grants are supporting Wounded Heroes in , or with a connection to, the South Carolina and Georgia Lowcountry.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 7 March 2025
- IRS schema version
- 2024v5.0
- Source object
- 202533459349300048
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