South Florida Golf Foundation Inc is located in Doral, FL. The organization was established in 1988. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. South Florida Golf 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 03/2024, South Florida Golf Foundation Inc generated $51.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.7% each year . All expenses for the organization totaled $49.2k during the year ending 03/2024. While expenses have increased by 23.7% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ORGANIZATION IS TO PRODUCE PROFESSIONAL GOLF EVENTS FOR THE BENEFIT OF OTHER CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3
THE PRODUCTION OF A PROFESSIONAL GOLF TOURNAMENT, WHICH RAISES REVENUE FOR THE BENEFIT OF SEVERAL CHARITABLE ORGANIZATIONS.
THE PRODUCTION OF A PROFESSIONAL GOLF TOURNEMENT, WHICH RAISES REVENUE FOR THE BENEFIT OF OTHER CHARITABLE ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| John Steinbauer Vice Preside | 2 | $0 | |
| Jorge Azor Treasurer | 2 | $0 | |
| Jr Steinbauer President | 2 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,000 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $304 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $51,304 | 
| 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 | $250 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $759 | 
| Total expenses | $49,232 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,729 | 
| Other assets | $0 | 
| Total assets | $33,829 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $33,829 |