Golf Association Of Michigan
- Assets
- $3.2m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington Hills, MI
- Founding
- 02/1967
- Data as of
- 03/2023
- EIN
- 38-6105801
Organization Overview
Golf Association Of Michigan is located in Farmington Hills, MI. The organization was established in 1967. 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. Golf Association Of Michigan 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 03/2023, Golf Association Of Michigan generated $3.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $2.8m during the year ending 03/2023. While expenses have increased by 3.5% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE, PRESERVE AND SERVE AMATEUR GOLF IN MICHIGAN
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF TOURNAMENTS - PLANNED AND ADMINISTERED GOLF TOURNAMENTS
MEETINGS AND SEMINARS ON AREAS SUCH AS TURF MAINTENANCE, RESEARCH, RULES, AND HANDICAPPING
MEMBERSHIP CARDS - HANDICAPPING SERVICES FOR APPROXIMATELY 70,000 GOLFERS
COURSE RATING - EXECUTED APPROXIMATELY 60 COURSE RATINGS IN MICHIGAN (MEASURED AND RATED TO DEVELOP SLOPE NUMBERS CRITICAL TO CALCULATING INDIVIDUAL HANDICAPS TO GOLFING MEMBERS)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Director-Volunteer Attached Directors | Trustee | 0.5 | $0 |
William C Whitten Executive Director | Officer | 50 | $131,767 |
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 | $14,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,000 |
| Total Program Service Revenue | $2,741,357 |
| Investment income | $24,528 |
| 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 | $3,010,470 |
| 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 | $30,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $206,346 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $62,429 |
| 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 | $27,034 |
| Insurance | $61,445 |
| All other expenses | $790,740 |
| Total functional expenses | $2,840,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,792,267 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,000 |
| 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 | $60,932 |
| Net Land, buildings, and equipment | $84,245 |
| Investments—publicly traded securities | $794,904 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $398,582 |
| Total assets | $3,180,930 |
| Accounts payable and accrued expenses | $177,604 |
| Grants payable | $31,400 |
| Deferred revenue | $888,259 |
| 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 | $529,563 |
| Total liabilities | $1,626,826 |
| Net assets without donor restrictions | $1,554,104 |
| 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 | $3,180,930 |