The New Jersey State Golf Association Youth Foundation Inc is located in Kenilworth, NJ. The organization was established in 1993. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, 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. New Jersey State Golf Association Youth Foundation 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, New Jersey State Golf Association Youth Foundation Inc generated $126.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $92.7k during the year ending 12/2023. While expenses have increased by 15.1% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO DONATE MONIES TO PROMOTE GOLF TO YOUTH AND FUND OTHER YOUTH CAUSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frank O'brien Co-Chairman/chairman | 3 | $0 | |
William E Frese Co-Chairman/vice Chairman | 3 | $0 | |
William Booker Trustee | 3 | $0 | |
Stephen A Hennesey Trustee | 3 | $0 | |
Eric Lundberg Trustee | 3 | $0 | |
Jay Macneill Former Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $56,922 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2,399 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $67,338 |
Other Revenue | $0 |
Total Revenue | $126,659 |
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 | $583 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,306 |
Total expenses | $92,689 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $141,542 |
Other assets | $0 |
Total assets | $141,542 |
Total liabilities | $26,424 |
Net assets or fund balances | $115,118 |