Iga-Pga Inc is located in Franklin, IN. The organization was established in 1993. According to its NTEE Classification (N80) the organization is classified as: Professional Athletic Leagues, under the broad grouping of Recreation & Sports and related organizations. As of 12/2016, Iga-Pga Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iga-Pga Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2016, Iga-Pga Inc generated $687.6k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $721.2k during the year ending 12/2016. 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
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SPORT OF GOLF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HANDICAPPING PROGRAM - PROVIDE HANDICAPPING SERVICES FOR TOURNAMENTS AND MEMBERS.
TOURNAMENT SUPPORT PROGRAM - OVERSEE AND ADMINISTER GOLF TOURNAMENT PROGRAM.
MISCELLANEOUS SUPPORT PROGRAMS - PROVIDE RULE BOOKS AND SCORE SHEETS; SPONSORSHIPS; CLINICS; COURSE MEASURING; COUPONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael L David Executive Director | OfficerTrustee | 50 | $169,104 |
Steve Paquin 2nd Vice President | Officer | 2 | $0 |
Matt Shepherd President | Officer | 2 | $0 |
Steve Sterrett Secretary | Officer | 2 | $0 |
John Watts 1st Vice President | Officer | 2 | $0 |
Brad Hardin Treasurer | Officer | 2 | $0 |
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 | $22,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $22,000 |
Total Program Service Revenue | $666,083 |
Investment income | $10 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$492 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $687,601 |
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. | $169,104 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $241,431 |
Pension plan accruals and contributions | $15,317 |
Other employee benefits | $43,514 |
Payroll taxes | $45,626 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,914 |
Fees for services: Accounting | $1,590 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $675 |
Advertising and promotion | $1,597 |
Office expenses | $35,302 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $788 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,530 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,131 |
Insurance | $32,779 |
All other expenses | $25,663 |
Total functional expenses | $721,242 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $46,982 |
Savings and temporary cash investments | $20,317 |
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 | $64,327 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $131,626 |
Accounts payable and accrued expenses | $11,548 |
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 | $11,548 |
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 | $120,078 |
Organization Name | Assets | Revenue |
---|---|---|
Kentucky Section Of The Pga Of America Louisville, KY | $1,128,161 | $772,480 |
Kga - Pga Inc Louisville, KY | $618,752 | $1,017,256 |
Iga-Pga Inc Franklin, IN | $131,626 | $687,601 |
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Indiana All Star Running Club Indianapolis, IN | $9,172 | $0 |
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