Golf Fore Fun Inc
- Assets
- $1.6m
- Revenue
- $934.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Clemmons, NC
- Founding
- 09/2007
- Data as of
- 12/2023
- 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 12/2023, Golf Fore Fun Inc employed 5 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 12/2023, Golf Fore Fun Inc generated $934.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $466.9k during the year ending 12/2023. 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
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 695 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 $36,800 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 |
|---|---|---|---|
Mark Brazil Chairperson | OfficerTrustee | 2 | $0 |
Denise D Adams Trustee | Trustee | 2 | $0 |
Candace Cummings Trustee | Trustee | 2 | $0 |
Drew Weaver Trustee | Trustee | 2 | $0 |
Charles Frost Trustee | Trustee | 2 | $0 |
Greg Alcorn Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,344 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $695,478 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $703,822 |
| Total Program Service Revenue | $29,244 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $25,222 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $176,189 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $934,477 |
| 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. | $135,000 |
| Compensation of current officers, directors, key employees. | $40,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $171,664 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,027 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $30,306 |
| Office expenses | $0 |
| Information technology | $7,010 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,720 |
| 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 | $15,716 |
| All other expenses | $961 |
| Total functional expenses | $466,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,475 |
| Savings and temporary cash investments | $1,038,273 |
| 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 | $306,291 |
| Investments—publicly traded securities | $41,753 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,577,792 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,577,792 |
| 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 | $1,577,792 |