Highland Golf Academy Foundation Inc
- Assets
- $43.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 07/2017
- Data as of
- 03/2024
- EIN
- 82-1213436
Organization Overview
Highland Golf Academy Foundation Inc is located in Indianapolis, IN. The organization was established in 2017. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Highland Golf Academy 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, Highland Golf Academy Foundation Inc generated $29.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $31.4k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 5 years. 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 Program Activity:
Part 3
THE HIGH SCHOOL GOLF PROGRAM, INDIANA FIRST TEE PROGRAM AND THE PGA HOPE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Pollert Director | 1 | $0 | |
Greg Sabens Director | 1 | $0 | |
Julie Mcgrew Director | 1 | $0 | |
Michael Petrie President And Secretary | 2 | $0 | |
Fritz Hohlt Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,878 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,243 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,063 |
| Other Revenue | $0 |
| Total Revenue | $29,184 |
| 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 | $1,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,171 |
| Total expenses | $31,371 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,900 |
| Other assets | $0 |
| Total assets | $43,900 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,900 |