Carolinas Pga Junior Foundation is located in Browns Summit, NC. The organization was established in 2006. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolinas Pga Junior 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 12/2021, Carolinas Pga Junior Foundation generated $740.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $355.6k during the year ending 12/2021. While expenses have increased by 14.1% per year over the past 5 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
THE PGA REACH CAROLINAS FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION AND PHILANTHROPIC ARM OF THE CAROLINAS PGA SECTION. WE ARE COMMITTED TO SERVING OUR COMMUNITIES AND GROWING THE GAME OF GOLF THROUGH OUR THREE PILLARS- YOUTH, MILITARY, AND DIVERSITY & INCLUSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JUNIOR RELATED EVENTS SUCH AS TOURNAMENTS, DRIVE CHIP & PUTT, PGA JUNIOR LEAGUE. TO CREATE A FUN, SOCIAL, AND INCLUSIVE OPPORTUNITY FOR BOYS AND GIRLS TO ENJOY THE GAME OF GOLF.
PGA HOPE CAROLINAS - AN ADAPTIVE, REHABILITATIVE GOLF PROGRAM FOR VETERANS DESIGNED TO ENHANCE OUR VETERANS' MENTAL, SOCIAL, PHYSICAL, AND EMOTIONAL WELL-BEING. THIS PROGRAM IS ORGANIZED WITH LOCAL VA HOSPITALS TO ARRANGE TRANSPORTATION OF VETERANS TO PGA GOLF FACILITIES.
PGA WORKS - CAROLINAS PGA JUNIOR FOUNDATION EMPLOYED A PGA WORKS FELLOW WITH THE GOAL OF PROMOTING DIVERSITY AND INCLUSION IN GOLF.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Byrnes President | OfficerTrustee | 1 | $0 |
Chris Byrd Vice President | OfficerTrustee | 1 | $0 |
Josh Wagaman Secretary | OfficerTrustee | 1 | $0 |
Jeff Abbot Executive Director | Officer | 10 | $0 |
Paige Cribb Past President | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $117,530 |
Related organizations | $0 |
Government grants | $26,400 |
All other contributions, gifts, grants, and similar amounts not included above | $389,877 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $533,807 |
Total Program Service Revenue | $223,093 |
Investment income | $8,283 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $7,686 |
Net Income from Fundraising Events | -$32,484 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $740,385 |
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 | $180,548 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,001 |
Fees for services: Other | $56,760 |
Advertising and promotion | $500 |
Office expenses | $5,143 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $21,497 |
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 | $559 |
Total functional expenses | $355,554 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $735,024 |
Savings and temporary cash investments | $66,443 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $23,830 |
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 | $382,239 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,207,536 |
Accounts payable and accrued expenses | $13,110 |
Grants payable | $0 |
Deferred revenue | $50,000 |
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 | $382,679 |
Total liabilities | $445,789 |
Net assets without donor restrictions | $761,747 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,207,536 |
Over the last fiscal year, Carolinas Pga Junior Foundation has awarded $11,526 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
North Myrtle Beach, SC PURPOSE: PROGRAM SERVICE SUPPORT | $6,000 |
Harrisburg Road, NC PURPOSE: PROGRAM SERVICE SUPPORT | $5,526 |
Over the last fiscal year, we have identified 2 grants that Carolinas Pga Junior Foundation has recieved totaling $42,900.
Awarding Organization | Amount |
---|---|
Pga Foundation Inc Frisco, TX PURPOSE: GENERAL SUPPORT | $32,900 |
Kevin Harvick Foundation Harrisburg Road, NC PURPOSE: Program - Harvick4Heroes PGA R | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Iptay Clemson, SC | $124,989,602 | $72,209,791 |
Young Americas Foundation Reston, VA | $108,030,545 | $39,445,693 |
Youth Enrichment Program Of Wilson Wilson, NC | $22,968,665 | $15,099,824 |
Seeding Success Memphis, TN | $15,830,696 | $16,460,800 |
National Association Of Competitive Soccer Clubs Myrtle Beach, SC | $2,349,314 | $12,740,248 |
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |
National Honorary Beta Club Spartanburg, SC | $16,976,895 | $7,178,910 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |
Tennessee Soccer Club Inc Brentwood, TN | $2,122,655 | $5,672,715 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
Corners Outreach Inc Peachtree Corners, GA | $1,471,202 | $3,739,961 |