Missouri Junior Golf Scholarship Foundation
- Assets
- $2.3m
- Revenue
- $156.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Jefferson City, MO
- Founding
- 03/2000
- Data as of
- 12/2023
- EIN
- 43-1820245
Organization Overview
Missouri Junior Golf Scholarship Foundation is located in Jefferson City, MO. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missouri Junior Golf Scholarship Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Missouri Junior Golf Scholarship Foundation generated $156.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $121.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE JUNIOR AMATUER GOLF IN MISSOURI AND CONDUCT ALL JUNIOR GOLF PROGRAMS TO BRING THE GAME OF GOLF TO THOSE WHO WOULD NOT OTHERWISE HAVE THE OPPORTUNITY TO PLAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, WE CONDUCTED 13 ONE-DAY EVENTS IN VARIOUS CITIES IN MISSOURI. APPROXIMATELY 967 PLAYERS BETWEEN THE AGES OF 5 AND 18 COMPETE IN THE JUNIOR GOLF EVENTS.
IN 2023 WE HAD 274 JUNIOR MEMBERS. WE CONDUCTED 2 MAJOR CHAMPIONSHIP EVENTS THAT HAD 256 PLAYERS COMPETING.
KEN LANNING CENTER TO PROVIDE CHILDREN, VETERANS, AND OTHER INDIVIDUALS WITH DISABILITIES THE OPPORTUNITY TO LEARN AND ENJOY THE GAME OF GOLF BY PROVIDING THEM A COURSE DESIGNED SPECIFICALLY TO MEET THEIR UNIQUE NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Hovis Chairperson | Trustee | 10 | $0 |
Don Bliss Vice Chairpe | Trustee | 1 | $0 |
Charlie Digges Secretary/tr | OfficerTrustee | 1 | $0 |
Greg Doss Co-Chairpers | Trustee | 1 | $0 |
Jon Sundvold President/ex | OfficerTrustee | 1 | $0 |
Mike White Vice Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,205 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,205 |
| Total Program Service Revenue | $91,406 |
| Investment income | $15,152 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,775 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $156,190 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $35,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,678 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,340 |
| Advertising and promotion | $0 |
| Office expenses | $3,879 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $425 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,905 |
| Insurance | $0 |
| All other expenses | $447 |
| Total functional expenses | $121,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,189 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,545 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,103 |
| Net Land, buildings, and equipment | $1,329,464 |
| Investments—publicly traded securities | $851,821 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,292,122 |
| Accounts payable and accrued expenses | $35,002 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $8,541 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $43,543 |
| Net assets without donor restrictions | $2,248,579 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,292,122 |