Houston Golf Association
- Assets
- $2.4m
- Revenue
- $507.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Houston, TX
- Founding
- 05/1990
- Data as of
- 09/2021
- EIN
- 74-1486171
Organization Overview
Houston Golf Association is located in Houston, TX. The organization was established in 1990. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Houston Golf Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston 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 09/2021, Houston Golf Association generated $507.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (43.6%) each year. All expenses for the organization totaled $394.7k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (45.9%) per year over the past 6 years. 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
HGA EXISTS TO MAKE A DIFFERENCE IN THE HOUSTON COMMUNITY AND ITS YOUTH THROUGH GOLF AND CHARITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSTON GOLF ASSOCIATION'S (HGA) MISSION IS TO PROMOTE THE SPORT OF GOLF FOR THE BENEFIT OF LOCAL CHARITIES AND YOUTH DEVELOPMENT PROGRAMS PRIMARILY THROUGH ACTIVITIES SUCH AS THE HGA JUNIOR GOLF PROGRAM, VARIOUS AMATEUR GOLF TOURNAMENTS AND COLLEGE SCHOLARSHIPS. DURING 2021, 1,030 MEMBERS PARTICIPATED IN 10 AMATEUR GOLF EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Timms President & CEO | Officer | 10 | $223,000 |
Michael Sandeen Chairman | OfficerTrustee | 1 | $0 |
Kenneth Fisher Vice Chairman | Trustee | 1 | $0 |
Michael Harling Director | Trustee | 1 | $0 |
Henry Noey Director | Trustee | 1 | $0 |
Mark Jacobs Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $342,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,783 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $352,283 |
| Total Program Service Revenue | $152,893 |
| Investment income | $2,100 |
| 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 | $507,276 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,537 |
| Compensation of current officers, directors, key employees. | $24,521 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $121,305 |
| Pension plan accruals and contributions | $5,992 |
| Other employee benefits | $18,401 |
| Payroll taxes | $13,553 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,033 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,690 |
| Office expenses | $10,684 |
| Information technology | $10,632 |
| Royalties | $0 |
| Occupancy | $6,981 |
| Travel | $5,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,267 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,209 |
| All other expenses | $0 |
| Total functional expenses | $394,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $237,272 |
| Savings and temporary cash investments | $408,782 |
| 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 | $4,001 |
| Net Land, buildings, and equipment | $1,307 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,796,115 |
| Total assets | $2,447,477 |
| Accounts payable and accrued expenses | $103,023 |
| Grants payable | $0 |
| Deferred revenue | $9,250 |
| 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 | $757,852 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $330,780 |
| Total liabilities | $1,200,905 |
| Net assets without donor restrictions | $1,012,140 |
| Net assets with donor restrictions | $234,432 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,447,477 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Houston Golf Association has recieved totaling $1,000,000.
| Awarding Organization | Amount |
|---|---|
Pga Tour Inc Ponte Vedra Beach, FL PURPOSE: GENERAL SUPPORT | $1,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sugar Bowl Louisiana Superdome New Orleans, LA | $66,510,603 | $18,207,173 |
United States Bowling Congress Inc Arlington, TX | $43,212,080 | $16,821,741 |
Spirit Golf Association The Woodlands, TX | $13,402,948 | $7,337,039 |
Houston Marathon Committee Houston, TX | $3,423,788 | $6,041,457 |
North American Prospect Hockey League Dallas, TX | $969,762 | $3,250,253 |
Ibc Youth Bowling Inc Arlington, TX | $4,392,185 | $2,638,582 |
Dallas White Rock Marathon Dallas, TX | $935,538 | $2,152,497 |
Cowtown Marathon Inc Fort Worth, TX | $1,036,518 | $2,018,808 |
New Orleans Bowl Inc Metairie, LA | $2,170,693 | $2,129,324 |
Town And Country Optimist Foundation Austin, TX | $1,110,634 | $1,534,736 |
United States Bowling Congress Inc Bryan, TX | $908,410 | $1,160,070 |
Amateur Athletic Union Of The United States Inc Edmond, OK | $749,676 | $1,164,829 |