Veteran Golfers Association
- Assets
- $1.5m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Pinehurst, NC
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 47-1396908
Organization Overview
Veteran Golfers Association, operating under the name Vga, is located in Pinehurst, NC. The organization was established in 2014. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Vga employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vga 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, Vga generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 44.9% each year . All expenses for the organization totaled $2.6m during the year ending 12/2022. While expenses have increased by 37.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENRICHING THE LIVES OF VETERANS AND THEIR FAMILY MEMBERS THROUGH THE SPORTSMANSHIP AND CAMARADERIE OF GOLF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATE CHAMPIONSHIPS IN JULY 2022 - MORE THAN 8,500 MEMBERS COMPETED ACROSS THE COUNTRY IN MORE THAN 40 STATE CHAMPIONSHIPS IN FOUR DIVISIONS, INCLUDING A VETERAN DIVISION (MALE), A VETERAN DIVISION (FEMALE), A COMBAT WOUNDED DIVISION, AND A FAMILY DIVISION.
REGIONAL CHAMPIONSHIPS IN AUGUST 2022 - MORE THAN 800 MEMBERS ADVANCED FROM A STATE CHAMPIONSHIP TO ONE OF FOUR REGIONAL CHAMPIONSHIPS (NORTH, SOUTH, CENTRAL AND WEST) TO COMPETE IN ONE OF FOUR DIVISIONS, INCLUDING A VETERAN DIVISION (MALE), A VETERAN DIVISION (FEMALE), A COMBAT WOUNDED DIVISION, AND A FAMILY DIVISION.
NATIONAL CHAMPIONSHIP AT TRUMP NATIONAL DORAL IN SEPTEMBER 2022, 94 VGA MEMBERS ADVANCED FROM A REGIONAL CHAMPIONSHIP TO COMPETE IN A 3 DAY CHAMPIONSHIP FOCUSING ON OUR MISSION, ENRICHING THE LIVES OF VETERANS AND THEIR FAMILIES THROUGH THE SPORTSMANSHIP AND CAMARADERIE OF GOLF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Peyton President & CEO | OfficerTrustee | 40 | $110,495 |
John Dimmer Chairman | OfficerTrustee | 10 | $0 |
Cindy Macaulay Treasurer | OfficerTrustee | 5 | $0 |
Fernando Alandia Secretary | OfficerTrustee | 15 | $0 |
Joe Caley Vice President | OfficerTrustee | 5 | $0 |
Gary Freburger Board Of Directors | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $700,276 |
| Fundraising events | $91,788 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $443,654 |
| Noncash contributions included in lines 1a–1f | $84,001 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,235,718 |
| Total Program Service Revenue | $1,798,975 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $17,630 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,070,083 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,910 |
| 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. | $77,664 |
| Compensation of current officers, directors, key employees. | $38,832 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,902 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $67,487 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,360 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $58,564 |
| Office expenses | $107,516 |
| Information technology | $57,685 |
| Royalties | $0 |
| Occupancy | $49,089 |
| Travel | $37,945 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,954 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,452 |
| Insurance | $26,532 |
| All other expenses | $649,152 |
| Total functional expenses | $2,591,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,010,089 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $110,812 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $412,068 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,532,969 |
| Accounts payable and accrued expenses | $41,193 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $221,288 |
| Other liabilities | $0 |
| Total liabilities | $262,481 |
| Net assets without donor restrictions | $0 |
| 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 | $1,270,488 |
| Total liabilities and net assets/fund balances | $1,532,969 |
Grants Awarded
Over the last fiscal year, Veteran Golfers Association has awarded $21,175 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NINELINE FOUNDATION PURPOSE: SPONSORSHIP | $5,000 |
AJGA - AMERICAN JUNIOR PURPOSE: SPONSORSHIP | $6,175 |
AMERICAN LAKES GOLF COURSE PURPOSE: SPONSORSHIP | $5,000 |
2 SEAM DREAM FOUNDATION PURPOSE: SPONSORSHIP | $5,000 |