Nexus Club
- Assets
- $23.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Irving, TX
- Founding
- 09/2011
- Data as of
- 12/2016
- EIN
- 27-4915837
Organization Overview
Nexus Club is located in Irving, TX. The organization was established in 2011. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nexus Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NEXUS CLUB IS TO EMPHASIZE TO YOUNG LADIES THE IMPORTANCE OF VALUES SUCH AS CHARACTER, INTEGRITY, SPORTSMANSHIP, SELF DISCIPLINE AND COMMUNITY INVOLVEMENT THROUGH THE SPORT OF GOLF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR SPECIFIC ACTIVITIES WILL INCLUDE ARRANGING AND MANAGING GOLF TOURNAMENTS, WITH A SPECIFIC FOCUS ON AN ANNUAL LPGA EVENT TO BE HELD IN THE NORTH TEXAS REGION, AND BENEFITTING THE LPGA-USGA GIRLS GOLF OF DALLAS. AS SUPPORTING EVENTS, THE NEXUS CLUB WILL ALSO WORK TO HOST PROAM, COLLEGIATE, AND EVEN HIGH SCHOOL TOURNAMENTS, AS WELL AS INSTRUCTIONAL CAMP DAYS. OTHER SUPPORTING EVENTS MAY INCLUDE THINGS SUCH AS A HAPPY HOUR AT VARIOUS GOLF CLUBS, FASHION SHOWS, TRUNK SHOWS ETC. OUR MEMBERS WILL VOLUNTEER TO WORK THE EVENTS AND MAKE THEM A SUCCESS. WE SEE OUR MODEL OPERATING MUCH LIKE MANY OTHER LPGA TOURNAMENT LOCATIONS THAT ARE MANAGED BY THE LOCAL 501(C)3 FOR THE PARTICULAR REGION (PHOENIX, ARKANSAS, ETC).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Shearburn Managing Director | Trustee | 10 | $0 |
Kathy Wilkins Director | Trustee | 10 | $0 |
Troy Good Director | Trustee | 10 | $0 |
Tom Keffer Director | Trustee | 10 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| 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 | $0 |
| 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 | $0 |
| Fees for services: Other | $15,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $49 |
| Total functional expenses | $15,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,949 |
| Savings and temporary cash investments | $100 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,500 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,549 |
| 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 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $23,549 |
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|---|---|---|
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Ward County Golf Association Monahans, TX | $334,197 | $1,006,663 |
Youth Golf Of Northwest Arkansas Lowell, AR | $1,433,766 | $861,090 |
Louisiana Golf Association Lafayette, LA | $574,594 | $827,417 |
Oga Inc Edmond, OK | $926,637 | $964,355 |
Arkansas State Golf Association Little Rock, AR | $753,189 | $837,673 |