Golf Charities Foundation Inc is located in Lake Oswego, OR. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golf Charities Foundation Inc 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 12/2021, Golf Charities Foundation Inc generated $144.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (33.9%) each year. All expenses for the organization totaled $144.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (30.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DURING 2021,GOLF CHARITIES FOUNDATION INC. RAISED FUNDS OF $144,927 FROM THE 2020 GOLF TOURNAMENTS. IN TURN, AFTER EXPENSES OF $7,664, $137,263 WAS DONATED TO VARIOUS CHARITIES IN THE GEOGRAPHICAL AREA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Sanders President | 0 | $0 | |
Brent Brewer Secretary/treas | 0 | $0 | |
Paul Wittman Director | 0 | $0 | |
Lynn Hoyle Director | 0 | $0 | |
Larry Frager Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,927 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $144,927 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,496 |
| Occupancy, rent, utilities, and maintenance | $1,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,168 |
| Total expenses | $144,927 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |