Totals
- Total revenue
- $15,036,450
- Total expenses
- $11,202,246
- Contributions and grants received
- $3,641,702
- Grants paid
- $0
- Program service revenue
- $9,713,841
- Investment income
- $325,979
- Other revenue
- $1,354,928
- Total assets, end of year
- $18,348,648
- Total liabilities, end of year
- $3,868,064
- Net assets or fund balances, end of year
- $14,480,584
- Program services expenses (Part IX)
- $10,195,056
- Management and general expenses
- $370,749
- Fundraising expenses
- $636,441
- Program service expenses (Part III)
- $10,195,056
Program services were 91.0% 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
$1,174,654
-
1f · All other contributions, gifts and grants
$2,467,048
-
2a · Program service revenue: GOLF COURSE REVENUE
total $9,713,841 · related or exempt $9,713,841
-
3 · Investment income
total $325,979 · excluded $325,979
-
8a · Fundraising events: gross income
$249,540
-
8a · Fundraising events: contributions included on line 1c
$1,174,654
-
8b · Fundraising events: direct expenses
$135,966
-
8c · Net income from fundraising events
total $113,574 · excluded $113,574
-
10a · Gross sales of inventory
$2,496,865
-
10b · Cost of goods sold
$1,255,511
-
10c · Net income from sales of inventory
total $1,241,354 · related or exempt $1,241,354
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $301,608 · program services $148,384 · management and general $55,161 · fundraising $98,063
-
7 · Other salaries and wages
total $529,890 · program services $190,174 · management and general $119,112 · fundraising $220,604
-
8 · Pension plan contributions
total $45,705 · program services $45,705
-
9 · Other employee benefits
total $190,877 · program services $76,158 · management and general $41,203 · fundraising $73,516
-
10 · Payroll taxes
total $50,345 · program services $20,422 · management and general $10,611 · fundraising $19,312
-
11a · Fees: management
total $150,000 · program services $150,000
-
11b · Fees: legal
total $20,383 · program services $679 · management and general $19,704
-
11c · Fees: accounting
total $44,201 · management and general $44,201
-
11e · Fees: professional fundraising services
total $16,407 · fundraising $16,407
-
11g · Fees: other
total $5,380,194 · program services $5,344,025 · management and general $36,169
-
12 · Advertising and promotion
total $75,877 · program services $52,917 · fundraising $22,960
-
13 · Office expenses
total $977,224 · program services $945,859 · management and general $7,082 · fundraising $24,283
-
16 · Occupancy
total $204,962 · program services $204,962
-
17 · Travel
total $46,219 · program services $16,915 · management and general $29,304
-
20 · Interest
total $157,641 · program services $135,439 · fundraising $22,202
-
22 · Depreciation, depletion and amortization
total $746,281 · program services $745,352 · management and general $929
-
23 · Insurance
total $146,059 · program services $145,550 · management and general $509
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $828,318 · program services $828,318
-
24b · Other expenses: BANK AND CREDIT CARD FE
total $500,056 · program services $463,982 · fundraising $36,074
-
24c · Other expenses: UTILITIES
total $331,604 · program services $325,529 · management and general $6,075
-
24d · Other expenses: EVENTS AND PROGRAMMING
total $301,384 · program services $246,014 · fundraising $55,370
-
24e · All other expenses
total $157,011 · program services $108,672 · management and general $689 · fundraising $47,650
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $936,767 · end of year $8,831,891
-
2 · Savings and temporary cash investments
beginning of year $6,592,984
-
3 · Pledges and grants receivable
beginning of year $544,989 · end of year $788,306
-
4 · Accounts receivable
beginning of year $69,875 · end of year $17,660
-
8 · Inventories for sale or use
beginning of year $272,114 · end of year $289,439
-
9 · Prepaid expenses and deferred charges
beginning of year $58,395 · end of year $43,614
-
10a · Land, buildings and equipment: cost or other basis
$7,511,002
-
10b · Land, buildings and equipment: accumulated depreciation
$704,638
-
10c · Land, buildings and equipment, net
beginning of year $4,656,161 · end of year $6,806,364
-
15 · Other assets
beginning of year $1,844,329 · end of year $1,571,374
-
17 · Accounts payable and accrued expenses
beginning of year $729,368 · end of year $774,155
-
19 · Deferred revenue
beginning of year $80,750 · end of year $99,499
-
23 · Secured mortgages and notes payable
beginning of year $671,070 · end of year $382,598
-
25 · Other liabilities
beginning of year $2,848,046 · end of year $2,611,812
-
27 · Net assets without donor restrictions
beginning of year $8,433,301 · end of year $12,243,223
-
28 · Net assets with donor restrictions
beginning of year $2,213,079 · end of year $2,237,361
Mission and programs · 2024
Mission
NATIONAL LINKS TRUST IS A NON-PROFIT ORGANIZATION DEDICATED TO POSITIVELY IMPACTING OUR COMMUNITY AND CHANGING LIVES THROUGH AFFORDABLE AND ACCESSIBLE MUNICIPAL GOLF.
-
NATIONAL LINKS TRUST (NLT) OPERATES THREE MUNICIPAL GOLF COURSES IN WASHINGTON, DC: EAST POTOMAC GOLF LINKS, LANGSTON GOLF COURSE AND ROCK CREEK PARK GOLF. THESE PROPERTIES GENERATE REVENUE THROUGH REGULAR GOLF COURSE OPERATIONS; HOWEVER, AS PART OF THE ORGANIZATION'S MISSION TO PROVIDE ACCESSIBLE, AFFORDABLE GOLF TO LOCAL COMMUNITIES, THE RATES ARE WELL BELOW MARKET VALUE. TO BETTER SERVE THE COMMUNITY OF GOLFERS IN WASHINGTON, DC, NLT INVESTED IN COURSE IMPROVEMENT PROJECTS INCLUDING:A. CONTINUED IMPROVEMENT OF COURSE CONDITIONS THROUGH IMPROVED AGRONOMIC PRACTICES.B. SIGNIFICANT PLANNING, CONSULTATION, DESIGN, AND REFINEMENT OF FUTURE PLANS FOR LARGE-SCALE CAPITAL IMPROVEMENT PROJECTS AT THE THREE COURSES TO TRANSFORM THEM INTO TRUE COMMUNITY ASSETS THAT BENEFIT BOTH GOLFERS AND NON-GOLFERS IN THE COMMUNITY.C. IMPLEMENTATION OF AN ADAPTIVE MANAGEMENT APPROACH TO REMOVING INVASIVE VEGETATION AND THE BEGINNING OF SITE WORK AT ROCK CREEK PARK GOLF AHEAD OF A LARGE-SCALE CAPITAL IMPROVEMENT PROJECT AT THE COURSE.D. EXECUTION OF A FULL RESTORATION AND RENOVATION OF EAST POTOMAC MINIATURE GOLF - THE NATION'S OLDEST CONTINUOUSLY OPERATING MINIATURE GOLF COURSE.THE JACK VARDAMAN WORKFORCE DEVELOPMENT PROGRAM WAS CONDUCTED AT LANGSTON GOLF COURSE WHERE THIRTY ADOLESCENTS AND YOUNG ADULTS WERE TAUGHT VALUABLE JOB AND LIFE SKILLS WHILE EARNING AN INCOME AND BUILDING ELIGIBILITY FOR COLLEGE SCHOLARSHIP. IN 2024, THE PROGRAM PRODUCED ITS FIRST 'EVANS SCHOLAR' - A RECIPIENT OF A FULL HOUSING AND TUITION COLLEGE GRANT THROUGH A PARTNERSHIP WITH THE WESTERN GOLF ASSOCIATION. THE BANCROFT GORDON MEMORIAL SCHOLARSHIP WAS ALSO CREATED, FUNDED, AND AWARDED BY NLT AND PRESENTED TO THREE STUDENTS WHO EXCELLED IN THE PROGRAM IN 2024.2024 MARKED THE BEGINNING OF "FREE LESSON FRIDAYS", A COMMUNITY EVENT SERIES TARGETED AT INTRODUCING LOCAL WASHINGTON, DC COMMUNITY MEMBERS OF ALL BACKGROUNDS TO THE GAME OF GOLF. THE PROGRAM SAW MORE THAN 300 PARTICIPANTS ACROSS SIX EVENTS. THROUGH STRATEGIC PARTNERSHIPS, DEDICATED MAINTENANCE PRACTICES, AND A GROWING COMMUNITY OF VOLUNTEERS, NLT CONTINUED ITS COMMITMENT TO LONG-TERM ENVIRONMENTAL SUSTAINABILITY AT THE THREE COURSES. IN 2024, NLT MOBILIZED A ROBUST VOLUNTEER NETWORK TO EXECUTE MORE THAN 1,650-MAN HOURS DEDICATED TO ENVIRONMENTAL SUSTAINABILITY PROJECTS. PROJECTS INCLUDED REMOVING TRASH FROM THE FACILITIES AND THEIR SURROUNDING ENVIRONMENTS AND RESTORING NATIVE HABITAT THROUGH INVASIVE VEGETATION REMOVAL.
Expenses $10,195,056 · Revenue $10,955,195
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Michael McCartinMICHAEL MCCARTIN
CHAIRMAN
- Total calculated
- $50,000
- From this org
- $50,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 15
-
Will SmithWILL SMITH
VICE CHAIRMAN
- Total calculated
- $50,000
- From this org
- $50,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
John HongJOHN HONG
TREASURER
- Total calculated
- $25,000
- From this org
- $25,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Lisa MitchellLISA MITCHELL
DIRECTOR-UNTIL 04/24, SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Tari CashTARI CASH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Alan FadelALAN FADEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Kathryn KennedyKATHRYN KENNEDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Craig KirbyCRAIG KIRBY
DIRECTOR UNTIL 10/24
- Total calculated
- $0
- Hours/week
- 5
-
Penny LeePENNY LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Steve SayreSTEVE SAYRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Stuart SicilanoSTUART SICILANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Lemuel SmithLEMUEL SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
William SpenceWILLIAM SPENCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Matthew CuttsMATTHEW CUTTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Mark TuoheyMARK TUOHEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Patricia HinesPATRICIA HINES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jeff StrunkJEFF STRUNK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Chuck WilsonCHUCK WILSON
DIRECTOR AS OF 10/24
- Total calculated
- $0
- Hours/week
- 5
-
Hillary BaltimoreHILLARY BALTIMORE
DIRECTOR AS OF 10/24
- Total calculated
- $0
- Hours/week
- 5
-
Kirtan MehtaKIRTAN MEHTA
DIRECTOR AS OF 10/24
- Total calculated
- $0
- Hours/week
- 5
-
Damian CosbyDAMIAN COSBY
EXECUTIVE DIRECTOR
- Total calculated
- $176,608
- From this org
- $167,813
- From related orgs
- $0
- Other
- $8,795
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,500
- Bonus
- $10,313
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $8,795
- Filer's total
- $176,608
-
Clark PastrickCLARK PASTRICK
SR. PROJECT MANAGER
- Total calculated
- $126,250
- From this org
- $126,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- DAMIAN COSBY, EXECUTIVE DIRECTOR OF NLT RECIEVED A BONUS IN THE AMOUNT OF $10,313 IN 2024.
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533189349308893
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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