Golf Fore Fun Inc
- Assets
- $1.1m
- Revenue
- $539.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Clemmons, NC
- Founding
- 09/2007
- Data as of
- 12/2021
- EIN
- 20-8114680
Organization Overview
Golf Fore Fun Inc is located in Clemmons, NC. The organization was established in 2007. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Golf Fore Fun Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golf Fore Fun 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 12/2021, Golf Fore Fun Inc generated $539.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $525.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 7 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
TO IMPACT THE LIVES OF YOUNG PEOPLE BY PROVIDING LEARNING FACILITIES AND EDUCATIONAL PROGRAMS THAT PROMOTE CHARACTER DEVELOPMENT AND LIFE-ENHANCING VALUES THROUGH THE GAME OF GOLF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHING LIFE SKILLS BY GIVING 800 AREA YOUTH THE TOOLS THEY NEED TO CREATE A BETTER LIFE. OFFER SPRING, SUMMER, AND FALL PROGRAMS ON A WEEKLY BASIS, TEACHING CHILDREN SKILLS SUCH AS GOAL SETTING, CONFLICT RESOLUTION, AND HOW BEST TO PLAN FOR A SUCCESSFUL FUTURE, USING GOLF AS THE EDUCATIONAL TOOL. GOLF FORE! FUN RECEIVES $42,000 WORTH OF IN-KIND CONTRIBUTIONS FOR USE OF VARIOUS GOLF COURSES IN THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Barber President | OfficerTrustee | 40 | $133,570 |
Mark Brazil Treasurer | OfficerTrustee | 1 | $0 |
Candace Cummings Chairperson | OfficerTrustee | 1 | $0 |
David Bohlmann Vice Chairperson | OfficerTrustee | 1 | $0 |
James Kluttz Secretary | OfficerTrustee | 1 | $0 |
Denise D Adams Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,043 |
| Related organizations | $0 |
| Government grants | $55,669 |
| All other contributions, gifts, grants, and similar amounts not included above | $406,684 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $468,396 |
| Total Program Service Revenue | $50,698 |
| Investment income | $20,626 |
| 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 | $539,720 |
| 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. | $133,570 |
| Compensation of current officers, directors, key employees. | $46,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,781 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,808 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,173 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,651 |
| Advertising and promotion | $28,700 |
| Office expenses | $15,448 |
| Information technology | $2,024 |
| Royalties | $28,200 |
| Occupancy | $2,212 |
| Travel | $0 |
| 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 | $9,740 |
| Insurance | $12,880 |
| All other expenses | $666 |
| Total functional expenses | $525,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,677 |
| Savings and temporary cash investments | $616,360 |
| 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 | $325,771 |
| Investments—publicly traded securities | $42,379 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,140,187 |
| Accounts payable and accrued expenses | $0 |
| 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 | $55,669 |
| Other liabilities | $0 |
| Total liabilities | $55,669 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,084,518 |
| 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 | $1,140,187 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Golf Fore Fun Inc has recieved totaling $120,205.
| Awarding Organization | Amount |
|---|---|
Pga Tour First Tee Foundation Inc Ponte Vedra Beach, FL PURPOSE: GENERAL SUPPORT | $61,313 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $26,000 |
Pga Tour Inc Ponte Vedra Beach, FL PURPOSE: GENERAL SUPPORT | $10,000 |
American Junior Golf Foundation Inc Braselton, GA PURPOSE: GENERAL SUPPORT | $8,361 |
Organization Name not Listed PURPOSE: TO HELP CHILDREN WITH LIFE THREATENING ILLNESSES. | | $6,000 |
The Community Foundation Of The Dan River Region Danville, VA PURPOSE: TO HELP PROVIDE FULL PROGRAMMING SCHOLARSHIPS | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Junior Golf Association Braselton, GA | $10,685,034 | $16,403,049 |
Druid Hills Golf Club Atlanta, GA | $32,860,393 | $19,141,362 |
U S Kids Golf Foundation Inc Norcross, GA | $6,729,022 | $10,107,492 |
Spring Island Club Okatie, SC | $20,372,733 | $10,747,020 |
Carolinas Golf Association Southern Pines, NC | $7,201,901 | $7,597,187 |
Highlands Falls Country Club Inc Highlands, NC | $17,573,731 | $5,732,867 |
Bobby Jones Golf Course Foundation Inc Atlanta, GA | $34,301,946 | $5,982,805 |
Georgia State Golf Association Inc Atlanta, GA | $4,442,006 | $3,528,444 |
Virginia State Golf Association Inc Midlothian, VA | $3,471,487 | $3,409,263 |
Tennessee Golf Association Inc Franklin, TN | $4,139,217 | $1,862,884 |
Middle Atlantic Section Stafford, VA | $5,763,398 | $2,084,524 |
Youth Golf Foundation Of The Carolinas Charlotte, NC | $5,362,878 | $1,885,876 |