Anchorage Golf Legacy Inc
- Assets
- $36.3k
- Revenue
- $40.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- Data as of
- 09/2023
- EIN
- 85-1544384
Organization Overview
Anchorage Golf Legacy Inc is located in Anchorage, AK. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchorage Golf Legacy 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 09/2023, Anchorage Golf Legacy Inc generated $40.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (30.0%) each year. All expenses for the organization totaled $134.2k during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ANCHORAGE GOLF LEGACY IS A NON-PROFIT ORGANIZATION DEDICATED TO PROMOTING THE GAME OF GOLF. WE BELIEVE THAT GOLF TEACHES CORE VALUES, SUCH AS HONESTY, INTEGRITY, SPORTSMANSHIP, RESPONSIBILITY, PERSEVERANCE AND RESPECT FOR OTHERS. WE ARE DEDICATED TO GROW THE GAME, ESPECIALLY WITH THE TYPICALLY UNDER SERVED WOMEN AND JUNIOR DEMOGRAPHICS, BY HOSTING THE 2022 U.S. SENIOR WOMENS AMATEUR CHAMPIONSHIP. HOSTING THE FIRST NATIONAL GOLF CHAMPIONSHIP IN ALASKA WILL NOT ONLY SPOTLIGHT WOMENS GOLF, BUT HOSTING IT REQUIRES US TO IMPROVE THE GOLF COURSE AND ONSITE FACILITIES. THIS REQUIREMENT WILL DRIVE THE IMPROVEMENTS THAT ALLOW US TO GIVE JUNIORS AND OTHER NOVICE GOLFERS THE OPPORTUNITY TO LEARN THE SKILLS TO BECOME GOLF ENTHUSIASTS AND TO PUT THOSE LEARNED CORE VALUES TO USE IN ALL ASPECTS OF THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSTING GOLF TOURNAMENTS IN ALASKA TO EDUCATE AND ENCOURAGE PEOPLE TO PARTICIPATE IN AN ACTIVITY THAT IS WHOLESOME AND HEALTHY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Sayers Vice President | OfficerTrustee | 20 | $0 |
Luke Blomfield President | OfficerTrustee | 10 | $0 |
Jim Olson Sec/treasurer | OfficerTrustee | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,000 |
| Total Program Service Revenue | $36,042 |
| Investment income | $0 |
| 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 | $40,042 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $383 |
| Fees for services: Accounting | $1,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,080 |
| Advertising and promotion | $1,197 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,624 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $134,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,262 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $36,262 |
| Accounts payable and accrued expenses | $13,422 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $13,422 |
| 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 | $22,840 |
| Total liabilities and net assets/fund balances | $36,262 |