Professional Golfers Association Of America Carolinas Section
- Assets
- $4.3m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 13
- Location
- Browns Summit, NC
- Founding
- 07/1969
- Data as of
- 12/2021
- EIN
- 56-0903216
Organization Overview
Professional Golfers Association Of America Carolinas Section is located in Browns Summit, NC. The organization was established in 1969. 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 12/2021, Professional Golfers Association Of America Carolinas Section employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Professional Golfers Association Of America Carolinas Section 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 12/2021, Professional Golfers Association Of America Carolinas Section generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE ENJOYMENT AND INVOLVEMENT IN THE GAME OF GOLF WITHIN THE CAROLINAS AND TO CONTRIBUTE TO ITS GROWTH BY PROVIDING SERVICES TO GOLF PROFESSIONALS AND THE GOLF INDUSTRY WITHIN THE CAROLINAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES SERVICES TO ITS MEMBERS IN NORTH AND SOUTH CAROLINA IN THE FORM OF PROVIDING, MANAGING AND SUPERVISING SANCTIONED GOLF TOURNAMENTS TO GOLF PROFESSIONALS AND THE GENERAL PUBLIC AND SPONSORS EDUCATIONAL PROGRAMS, CONDUCTS PGA QUALIFYING SCHOOLS AND PROMOTES THE VOCATION AND PARTICIPATION OF GOLF TO THE PROFESSIONAL GOLFING COMMUNITY, THE GOLFING INDUSTRY AND THE GENERAL PUBLIC.
GROWTH OF THE GAME PROGRAMS: THE ORGANIZATION PROVIDES GOLFERS OF ALL ABILITIES WITH FUN, NON-INTIMIDATING GOLF FESTIVALS AND EVENTS WHICH PROMOTE GOLF AS A FUN FAMILY RECREATION, INCREASE FREQUENCY OF PLAY AMONG GOLFERS, REACH AND ATTRACT NEW AND FORMER GOLFERS, HELP GOLFERS IMPROVE THEIR GAMES, EDUCATE GOLFERS HOW AND WHY TO GET PROPERLY FITTED GOLF EQUIPMENT AND PROMOTE PGA PROFESSIONALS AS EXPERT TEACHERS OF THE GAME.
ANNUAL MERCHANDISE SHOW AND ANNUAL MEETING PROGRAMS: THE ORGANIZATION PROVIDES A PLATFORM FOR PGA PROFESSIONALS TO NETWORK WITH MANUFACTUREERS, REPRESENTATIVES AND COLLEAGUES AND ACCESS AND TEST THE LATEST GOLF EQUIPMENT, APPAREL AND ACCESSORIES, MAP MERCHANDISING AND GOLF INDUSTRY TRENDS AND PLAN PROGRAMS FOR THE COMING YEAR. THIS EVENT ENSURES THAT THE ATTENDEES WILL BE BETTER EQUIPPED AS GOLF PROFESSIONALS, AND THE MANUFACTUERERS AND REPRESENTATIVES WILL GAIN FACE TO FACE ACCESS TO PROFESSIONALS FOR NEW ORDERS AND RETAIL PARTNERING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Abbot Executive Director | Officer | 50 | $310,793 |
Josh Wagaman Secretary | OfficerTrustee | 4 | $0 |
Bob Byrnes President | OfficerTrustee | 4 | $0 |
Chris Byrd Vice President | OfficerTrustee | 4 | $0 |
Jeff Avant Tournament Chair | Trustee | 2.5 | $0 |
Ben Bridgers At-Large Director Nc | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $142,372 |
| 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 | $142,372 |
| Total Program Service Revenue | $2,421,660 |
| Investment income | $63,049 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $143,826 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,806,782 |
| 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. | $337,603 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $444,183 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $75,615 |
| Payroll taxes | $55,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,162 |
| Fees for services: Accounting | $800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,605 |
| Fees for services: Other | $23,557 |
| Advertising and promotion | $49,563 |
| Office expenses | $12,209 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,926 |
| Travel | $170,573 |
| 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 | $54,627 |
| Insurance | $46,195 |
| All other expenses | $31,691 |
| Total functional expenses | $2,457,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,129 |
| Savings and temporary cash investments | $434,862 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,143 |
| 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 | $10,238 |
| Net Land, buildings, and equipment | $730,164 |
| Investments—publicly traded securities | $2,376,750 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $382,679 |
| Total assets | $4,265,965 |
| Accounts payable and accrued expenses | $135,030 |
| Grants payable | $0 |
| Deferred revenue | $410,720 |
| 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 | $15,721 |
| Total liabilities | $561,471 |
| Net assets without donor restrictions | $3,704,494 |
| 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 | $4,265,965 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Professional Golfers Association Of America Carolinas Section has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Heritage Classic Foundation Hilton Head Island, SC PURPOSE: GENERAL FUND | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Professional Golfers Association Of America Carolinas Section Browns Summit, NC | $4,265,965 | $2,806,782 |
Georgia Section Pga Of America Inc Atlanta, GA | $947,938 | $2,211,920 |
National Association Of Christian Athletes Dayton, TN | $516,382 | $1,611,461 |
Indoor Football League Midlothian, VA | $630,646 | $423,204 |
Professional Soccer Referees Association Inc Alexandria, VA | $560,039 | $215,330 |
Igbo Norcross, GA | $150,288 | $0 |
Brookwood Lacrosse Association Inc Lawrenceville, GA | $29,808 | $0 |
Guilford County Sports Hall Of Fame Greensboro, NC | $44,857 | $0 |