Golfers Charitable Association Inc
- Assets
- $655.3k
- Revenue
- $132.9k
- Investments
- $619.4k
- Employees
- 1
- Location
- Towson, MD
- Founding
- 04/1968
- Data as of
- 12/2022
- EIN
- 52-6074460
Organization Overview
Golfers Charitable Association Inc is located in Towson, MD. The organization was established in 1968. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golfers Charitable Association Inc 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 12/2022, Golfers Charitable Association Inc generated $132.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $175.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Golfers Charitable Association Inc has awarded 84 individual grants totaling $690,437. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO POSITIVELY IMPACT YOUTH WITHIN THE BALTIMORE AREA BY MAKING CONTRIBUTIONS THAT FUND WORTHWHILE PROJECTS THAT BENEFIT CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS MADE TO BALTIMORE AREA CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Ariosa Vice President | OfficerTrustee | 1 | $0 |
Brett Chottiner Member | Trustee | 1 | $0 |
Brian Gracie Member | Trustee | 1 | $0 |
Craig L Martin Member | Trustee | 1 | $0 |
Doug Sawyer Secretary | OfficerTrustee | 1 | $0 |
Elizabeth Sieck Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $114,421 |
| 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 | $114,421 |
| Total Program Service Revenue | $0 |
| Investment income | $17,542 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,795 |
| Net Income from Fundraising Events | -$23,833 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $132,925 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $150,030 |
| 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 | $4,073 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $307 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,292 |
| Fees for services: Other | $1,811 |
| Advertising and promotion | $50 |
| Office expenses | $1,900 |
| Information technology | $725 |
| 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 | $2,184 |
| All other expenses | $0 |
| Total functional expenses | $174,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,972 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,300 |
| 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 | $619,410 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,595 |
| Total assets | $655,277 |
| Accounts payable and accrued expenses | $11,141 |
| Grants payable | $0 |
| Deferred revenue | $875 |
| 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 | $12,016 |
| Net assets without donor restrictions | $643,261 |
| 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 | $655,277 |
Grants Awarded
Over the last fiscal year, Golfers Charitable Association Inc has awarded $65,800 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
2ND CHANCES MINISTRY WORLDWIDE PURPOSE: PROMOTE YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY | $6,000 |
BALTIMORE LIFE COACHES PURPOSE: PROMOTE YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY | $6,800 |
ST IGNATIUS ACADEMY PURPOSE: PROMOTE YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY | $7,500 |
NEW SONG COMMUNITY LEARNING CENTER PURPOSE: PROMOTE YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY | $9,000 |
MOTHER SETON ACADEMY PURPOSE: PROMOTE YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY | $8,000 |
WOMEN'S EDUCATION ALLIANCE PURPOSE: PROMOTE YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY | $8,500 |