Louisiana Golf Association
- Assets
- $574.6k
- Revenue
- $827.4k
- Investments
- $0.0
- Employees
- 7
- Location
- Lafayette, LA
- Founding
- 01/1921
- Data as of
- 12/2021
- EIN
- 72-6035874
Organization Overview
Louisiana Golf Association is located in Lafayette, LA. The organization was established in 1921. 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, Louisiana Golf Association employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Golf Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Louisiana Golf Association generated $827.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.0% each year . All expenses for the organization totaled $786.2k during the year ending 12/2021. While expenses have increased by 16.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPONSORSHIP OF TOURNAMENTS TO ENHANCE THE SPORT OF GOLF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION THROUGH THE SPONSORSHIP OF NUMEROUS TOURNAMENTS THROUGHOUT THE YEAR.
HANDICAPPING AND COURSE MEASUREMENT EXPENSES INCURRED TO ESTABLISH CONSISTENCY IN THE SPORT OF GOLF.
OTHER EXEMPT PURPOSE REVENUE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Ameen President | OfficerTrustee | 3 | $0 |
Tim Wilhite Secretary/treasurer | OfficerTrustee | 1 | $0 |
Jeff D'amico Vice President | OfficerTrustee | 1 | $0 |
Jeremy Gautreaux Director | Trustee | 1 | $0 |
Jeff Lorio Director | Trustee | 1 | $0 |
Eddie Welch Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,250 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,250 |
| Total Program Service Revenue | $755,523 |
| Investment income | $3,844 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $827,417 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $106,416 |
| Compensation of current officers, directors, key employees. | $21,283 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $163,380 |
| Pension plan accruals and contributions | $28,380 |
| Other employee benefits | $56,335 |
| Payroll taxes | $21,936 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,715 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,650 |
| Advertising and promotion | $183 |
| Office expenses | $13,861 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,864 |
| Travel | $32,189 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $841 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,000 |
| Insurance | $10,294 |
| All other expenses | $1,561 |
| Total functional expenses | $786,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $257,236 |
| Savings and temporary cash investments | $309,716 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,417 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,225 |
| Total assets | $574,594 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $10,565 |
| 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 | $10,565 |
| 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 | $564,029 |
| Total liabilities and net assets/fund balances | $574,594 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Louisiana Golf Association has recieved totaling $50,565.
| Awarding Organization | Amount |
|---|---|
United States Golf Association Liberty Corner, NJ PURPOSE: INTERNSHIP/SUBSIDY | $50,565 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cw Operating Company Inc The Woodlands, TX | $35,688,745 | $20,678,239 |
Municipal Golf Association - Sa San Antonio, TX | $22,331,524 | $17,216,493 |
Century Club Charities Inc Ridgeland, MS | $7,710,776 | $11,649,002 |
Texas Golf Association Addison, TX | $2,534,829 | $5,619,733 |
Southern Texas Professional Golfers Association Foundation Spring, TX | $1,262,377 | $3,073,197 |
Houston Municipal Golf Association Inc Houston, TX | $10,363,171 | $2,409,607 |
Long Game Youth Foundation Of Central Texas Austin, TX | $2,484,827 | $2,206,567 |
The First Tee Of Greater Houston Inc Houston, TX | $2,306,318 | $1,268,707 |
Ward County Golf Association Monahans, TX | $334,197 | $1,006,663 |
Youth Golf Of Northwest Arkansas Lowell, AR | $1,433,766 | $861,090 |
Louisiana Golf Association Lafayette, LA | $574,594 | $827,417 |
Arkansas State Golf Association Little Rock, AR | $753,189 | $837,673 |