Nantucket Disc Golf Inc
- Assets
- $497.7k
- Revenue
- $248.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Nantucket, MA
- Founding
- 07/2010
- Data as of
- 12/2021
- EIN
- 27-1503224
Organization Overview
Nantucket Disc Golf Inc, operating under the name Nantucket Disc Golf Foundation, is located in Nantucket, MA. The organization was established in 2010. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Nantucket Disc Golf Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nantucket Disc 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 12/2021, Nantucket Disc Golf Foundation generated $248.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $183.1k during the year ending 12/2021. 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
DESIGNING AND OPERATING A DISC GOLF COURSE IN NANTUCKET, MASSACHUSETTS FOR PUBLIC USE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, NANTUCKET DISC GOLF BOUNCED BACK WITH MORE EVENTS THAN 2020 FOR THE YOUTH OF NANTUCKET, BUT NOT AS MANY AS PRE-COVID YEARS. NANTUCKET WAS STILL GOING THROUGH DIFFERENT LEVELS OF COVID PROTOCOLS SO IT WAS A DIFFICULT YEAR. MAY 15 WAS THE FIRST RISING TIDE CUP, A DISC GOLF TOURNAMENT TO SUPPORT RISING TIDE PRE-SCHOOL. WE HAD A CHILDREN'S CLINIC TO KICK OFF THE EVENT AND A SUCCESSFUL FUNDRAISER FOR THE SCHOOL. WE HELD FOUR CHILDREN'S CLINICS IN THE MONTH OF AUGUST AT NDG. AND WE HOSTED THE BOYS AND GIRLS CLUB AND THEIR YOUTH GROUPS JULY 31, AUGUST 7, 14 AND 21. WE ALSO HOSTED STRONG WINGS YOUTH GROUP FOUR TIMES OVER THE COURSE OF THE SUMMER. THE COURSE WAS OPEN AND MAINTAINED BY NANTUCKET DISC GOLF THE WHOLE YEAR AND WAS USED BY THE RESIDENTS OF NANTUCKET. THE ORGANIZATION WORKED TO PROMOTE THE MENTAL AND PHYSICAL WELL-BEING OF THE YOUTH ON NANTUCKET BY PROVIDING A HEALTHY, FAMILY-FRIENDLY, YEAR-ROUND RECREATION. NANTUCKET DISC GOLF FEELS STRONGLY THAT DISC GOLF IS AN ACTIVITY THAT FITS IN QUITE WELL WITH WHAT NANTUCKET NEEDS AND ARE MAINTAINING THE COURSE AND PROMOTING THE SPORT OF DISC GOLF ON THE ISLAND FOR YEARS TO COME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Millar Treasurer | OfficerTrustee | 1 | $2,530 |
Phil Lindsay Vice Preside | OfficerTrustee | $0 | |
R Todd Rainwater Pres, Ceo, C | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $237,811 |
| Noncash contributions included in lines 1a–1f | $211,118 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $237,811 |
| Total Program Service Revenue | $9,699 |
| Investment income | $28 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $429 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $247,967 |
| 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 | $2,620 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $281 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,700 |
| Fees for services: Accounting | $11,035 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,407 |
| Advertising and promotion | $13,701 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,100 |
| 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 | $16,718 |
| Insurance | $5,275 |
| All other expenses | $1,742 |
| Total functional expenses | $183,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $396,982 |
| Savings and temporary cash investments | $0 |
| 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 | $81,439 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $19,301 |
| Other assets | $0 |
| Total assets | $497,722 |
| 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 | $497,722 |
| 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 | $497,722 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nantucket Disc Golf Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of North Texas Fort Worth, TX PURPOSE: IN HONOR OF TODD RAINWATER | $25,000 |
Peer Organizations
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|---|---|---|
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Innercity Weightlifting Inc Boston, MA | $3,964,091 | $4,030,474 |
Baker Hill Golf Club Newbury, NH | $15,770,767 | $2,524,195 |
Doc Wayne Youth Services Inc Boston, MA | $1,355,215 | $2,243,484 |
Park Housing Development Fund Company Inc Flushing, NY | $4,600,496 | $988,773 |
Underground Bowling Association Inc Freeport, NY | $128,797 | $1,189,863 |
Larchmont Manor Park Society Larchmont, NY | $1,812,856 | $1,373,581 |
Atlantic Hockey Association Inc Winthrop, MA | $457,452 | $1,032,133 |
Vermont Atv Sportsmans Association Inc Barre, VT | $867,519 | $1,211,642 |
Niagara Frontier Junior Hockey Club Inc Grand Island, NY | $406,318 | $910,051 |