Detroit Golf Foundation
- Assets
- $126.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Detroit, MI
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 46-3655916
Organization Overview
Detroit Golf Foundation is located in Detroit, MI. The organization was established in 2014. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Detroit Golf Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Detroit Golf 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 12/2022, Detroit Golf Foundation generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (24.7%) each year. All expenses for the organization totaled $1.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (44.6%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
LIFE SKILLS EXPERIENCE THROUGH GOLF INCLUDING RECREATION, EDUCATION AND ASPIRATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Piersol Board Member | 2 | $0 | |
Judy Skiles Board Member | 2 | $0 | |
Niall Hay Chairman | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| 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 | $20,000 |
| 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 | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $120 |
| Total expenses | $1,620 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $126,333 |
| Other assets | $0 |
| Total assets | $126,333 |
| Total liabilities | $1,500 |
| Net assets or fund balances | $124,833 |