Carolinas Golf Association
- Assets
- $7.2m
- Revenue
- $7.6m
- Investments
- $3.0m
- Employees
- 29
- Location
- Southern Pines, NC
- Founding
- 05/2005
- Data as of
- 12/2021
- EIN
- 56-0509290
Organization Overview
Carolinas Golf Association is located in Southern Pines, NC. The organization was established in 2005. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Carolinas Golf Association employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolinas Golf Association 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, Carolinas Golf Association generated $7.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $6.5m during the year ending 12/2021. While expenses have increased by 7.7% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CGA IS A NON-PROFIT SERVICE ORGANIZATION THAT WAS FORMED IN 1909 TO CONDUCT CHAMPIONSHIPS AND TOURNAMENTS FOR AMATEUR GOLFERS IN NORTH AND SOUTH CAROLINA, ADMINISTER THE USGA HANDICAP SYSTEM IN THE CAROLINAS, AND SUPPORT ITS MEMBERSHIP OF MORE THAN 165,000 GOLFERS IN THE CGA'S 700 PLUS MEMBER CLUBS AND ASSOCIATIONS.
Describe the Organization's Program Activity:
THE CGA CONDUCTS 35 MAJOR CHAMPIONSHIPS, INCLUDING THE 100+ YEAR-OLD CAROLINAS AMATEUR, AS WELL AS FOUR TEAM MATCHES AND QUALIFYING EVENTS FOR USGA CHAMPIONSHIPS. THESE SERVE TO IDENTIFY THE BEST PLAYERS IN THE CAROLINAS; BUT THE CGA TOURNAMENT SCHEDULE REACHES GOLFERS OF ALL ABILITIES. THE CGA ALSO CONDUCTS ONE-DAY HANDICAP TOURNAMENTS FOR PLAYERS OF ALL SKILL LEVELS, ONE-DAY SENIOR FOUR-BALL TOURNAMENTS, AND ONE-DAY EVENTS FOR JUNIOR AND WOMEN GOLFERS. THESE FUN EVENTS ATTRACT MORE THAN 14,000 ENTRIES A YEAR.
THE CGA ADMINISTERS THE USGA HANDICAP SYSTEM IN THE CAROLINAS BY OFFERING AN "ATCLUB" COMPUTERIZED SYSTEM WITH A TOP TOURNAMENT MANAGEMENT PACKAGE. THE CGA PIONEERED COMPUTERIZED HANDICAPS IN 1963 AND CONTINUES TO OFFER PREMIER SERVICES AT A LOW COST TO MEMBERS. THE CGA TRAINS AND EDUCATES ITS MEMBERS ON POLICIES AND PROCEDURES REGARDING THE USGA HANDICAPPING SYSTEM.
"CAROLINAS GOLF" MAGAZINE IS MAILED QUARTERLY FREE OF CHARGE TO MEMBERS OF CGA MEMBER CLUBS. CLUBS ARE ENCOURAGED TO SEND MEMBERSHIP ROSTERS (AND ANNUAL MEMBERSHIP ADDITIONS) TO THE CGA TO GET ISSUES OF "CAROLINAS GOLF" TO MEMBERS.
THE ORGANIZATION PROVIDES TURFGRASS ADVISORY SERVICES TO MEMBER CLUBS THROUGHOUT THE CAROLINAS AND CONDUCTS MEETINGS AND SEMINARS TO EDUCATE INTERESTED PARTIES IN A VARIETY OF GOLF TOPICS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John L Nance Executive Director | Officer | 40 | $186,000 |
Thomas Thorpe Executive Committee Member | Trustee | 5 | $18,925 |
Rick Riddle Secretary | OfficerTrustee | 2 | $0 |
Charles Lynch Legal Counsel & Board Memb | OfficerTrustee | 3 | $0 |
Mike Smith Vice President | OfficerTrustee | 2 | $0 |
Greg Norris President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $85,001 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $285,177 |
| All other contributions, gifts, grants, and similar amounts not included above | $347,944 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $718,122 |
| Total Program Service Revenue | $6,130,654 |
| Investment income | $49,834 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $234,875 |
| Net Income from Fundraising Events | $24,625 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $90,728 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,597,187 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $346,405 |
| 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. | $203,033 |
| Compensation of current officers, directors, key employees. | $147,233 |
| Compensation to disqualified persons | $912,687 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $140,469 |
| Other employee benefits | $217,752 |
| Payroll taxes | $107,518 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $99,000 |
| Fees for services: Investment Management | $29,024 |
| Fees for services: Other | $129,117 |
| Advertising and promotion | $8,449 |
| Office expenses | $590,668 |
| Information technology | $62,818 |
| Royalties | $0 |
| Occupancy | $64,900 |
| Travel | $159,856 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $201,503 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $138,475 |
| Insurance | $36,724 |
| All other expenses | $146,059 |
| Total functional expenses | $6,500,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $862,622 |
| Savings and temporary cash investments | $815,714 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,134 |
| 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 | $9,411 |
| Net Land, buildings, and equipment | $2,480,570 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,986,450 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,201,901 |
| Accounts payable and accrued expenses | $141,665 |
| Grants payable | $0 |
| Deferred revenue | $124,868 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $266,533 |
| 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 | $6,935,368 |
| Total liabilities and net assets/fund balances | $7,201,901 |
Grants Awarded
Over the last fiscal year, Carolinas Golf Association has awarded $346,405 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Southern Pines, NC PURPOSE: TO FUND TURF GRASS RESEARCH AND SCHOLARSHIPS AND TO ASSIST JUNIOR GOLF AND TO FACILITATE THE GROWTH OF GOLF IN THE CAROLINAS. | $339,624 |
Pinehurst, NC PURPOSE: TO SUPPORT LIBRARY PROGRAMS. | $6,781 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Carolinas Golf Association has recieved totaling $344,353.
| Awarding Organization | Amount |
|---|---|
United States Golf Association Liberty Corner, NJ PURPOSE: INTERNSHIP/SUBSIDY | $151,318 |
Ncga Foundation Monterey, CA PURPOSE: JR. GOLF PROGRAMS | $115,320 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $50,200 |
Pga Tour Charities Inc Ponte Vedra Beach, FL PURPOSE: General Support | $10,000 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $10,000 |
Back Yard Foundation Cary, NC PURPOSE: TO SUPPORT LOCAL EVENTS. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Junior Golf Association Braselton, GA | $10,685,034 | $16,403,049 |
Druid Hills Golf Club Atlanta, GA | $32,860,393 | $19,141,362 |
U S Kids Golf Foundation Inc Norcross, GA | $6,729,022 | $10,107,492 |
Spring Island Club Okatie, SC | $20,372,733 | $10,747,020 |
Carolinas Golf Association Southern Pines, NC | $7,201,901 | $7,597,187 |
Highlands Falls Country Club Inc Highlands, NC | $17,573,731 | $5,732,867 |
Bobby Jones Golf Course Foundation Inc Atlanta, GA | $34,301,946 | $5,982,805 |
Georgia State Golf Association Inc Atlanta, GA | $4,442,006 | $3,528,444 |
Virginia State Golf Association Inc Midlothian, VA | $3,471,487 | $3,409,263 |
Tennessee Golf Association Inc Franklin, TN | $4,139,217 | $1,862,884 |
Middle Atlantic Section Stafford, VA | $5,763,398 | $2,084,524 |
Youth Golf Foundation Of The Carolinas Charlotte, NC | $5,362,878 | $1,885,876 |