Arizona Golf Foundation is located in Scottsdale, AZ. The organization was established in 1995. 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. Arizona Golf Foundation 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 12/2023, Arizona Golf Foundation generated $98.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $124.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
TO ASSIST AND SUPPORT THE ARIZONA GOLF HALL OF FAME AND ASSIST INDIVIDUAL MEMBER CLUBS IN THE OPERATION OF THEIR ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Foley As Of 0622 Executive Dir. | 5 | $0 | |
Tim Brown President | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,430 |
Total Program Service Revenue | $91,831 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $98,261 |
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 | $1,500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $110,051 |
Total expenses | $124,651 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $70,466 |
Other assets | $0 |
Total assets | $70,966 |
Total liabilities | $206 |
Net assets or fund balances | $70,760 |
Over the last fiscal year, Arizona Golf Foundation has awarded $80,059 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
FIGHTER COUNTRY FOUNDATION | | | $5,600 |
JR GOLF ASSOCIATION OF AZ | | | $11,200 |
MARILYN S & FOUNDERS LEGACY F | | | $30,104 |
MICHAEL E THORNTON FOUNDATIO | | | $7,420 |
VARIOUS UNDER 5000 | | | $25,735 |