Surfside Golf Club
- Assets
- $91.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burkington, NC
- Founding
- 01/2007
- Data as of
- 12/2021
- EIN
- 51-0508641
Organization Overview
Surfside Golf Club is located in Burkington, NC. The organization was established in 2007. 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. Surfside Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Surfside Golf Club generated $32.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $35.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
DUE TO RECENT REPAIRS TO OUR BUILDING AND THE PANDEMIC WE WERE NOT ABLE TO PARTICIPATE IN OUR SCHOLARSHIP PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rufus Russell Treasurer | 5 | $0 | |
Larry Taylor President | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,500 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,861 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $34,950 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $35,450 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,000 |
| Other assets | $0 |
| Total assets | $91,857 |
| Total liabilities | $30,000 |
| Net assets or fund balances | $61,857 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spring Island Club Okatie, SC | $20,372,733 | $10,747,020 |
Carolinas Golf Association Southern Pines, NC | $7,201,901 | $7,597,187 |
Highlands Falls Country Club Inc Highlands, NC | $17,573,731 | $5,732,867 |
Bobby Jones Golf Course Foundation Inc Atlanta, GA | $34,301,946 | $5,982,805 |
Georgia State Golf Association Inc Atlanta, GA | $4,442,006 | $3,528,444 |
Virginia State Golf Association Inc Midlothian, VA | $3,471,487 | $3,409,263 |
Tennessee Golf Association Inc Franklin, TN | $4,139,217 | $1,862,884 |
Middle Atlantic Section Stafford, VA | $5,763,398 | $2,084,524 |
Youth Golf Foundation Of The Carolinas Charlotte, NC | $5,362,878 | $1,885,876 |
Charleston Junior Golf Foundation Mount Pleasant, SC | $1,783,502 | $1,695,074 |
South Carolina Golf Association Columbia, SC | $1,912,487 | $1,341,698 |
Southern Seniors Golf Association Marietta, GA | $554,613 | $1,105,501 |