South Carolina Junior Golf Foundation
- Assets
- $1.8m
- Revenue
- $858.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Irmo, SC
- Founding
- 02/1996
- Data as of
- 12/2021
- EIN
- 57-1021847
Organization Overview
South Carolina Junior Golf Foundation is located in Irmo, SC. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Junior Golf Foundation 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 12/2021, South Carolina Junior Golf Foundation generated $858.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $551.4k 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
TO ESTABLISH NECESSARY FUNDING TO CREATE OPPORTUNITIES FOR YOUTH THROUGH EDUCATION AND RECREATION AS WELL AS MAINTAIN AND EXPAND EXISTING JUNIOR GOLF PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FUNDS THROUGH GRANTS SUCH FIRST TEE, FAIRWAY OUTREACH AND OTHERS PROMOTING THE ADVANCEMENT OF JUNIOR GOLF IN THE STATE OF SOUTH CAROLINA
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $115,892 |
| 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 | $115,892 |
| Total Program Service Revenue | $569,881 |
| Investment income | $140,112 |
| 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 | $858,548 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $39,560 |
| Grants and other assistance to domestic individuals. | $41,973 |
| 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 | $84,479 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $110,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,809 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,000 |
| Office expenses | $439 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,000 |
| 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 | $0 |
| All other expenses | -$667 |
| Total functional expenses | $551,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $342,880 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,600 |
| 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 | $1,771 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,452,800 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,799,051 |
| Accounts payable and accrued expenses | $386 |
| 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 | $16,331 |
| Total liabilities | $16,717 |
| Net assets without donor restrictions | $1,418,309 |
| Net assets with donor restrictions | $364,025 |
| 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 | $1,799,051 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that South Carolina Junior Golf Foundation has recieved totaling $63,000.
| Awarding Organization | Amount |
|---|---|
Tiger Golf Gathering Foundation Clemson, SC PURPOSE: GOLF PROGRAM | $35,000 |
Coastal Community Foundation Of South Carolina Inc N Charleston, SC PURPOSE: EDUCATION GRANT | $15,000 |
American Junior Golf Foundation Inc Braselton, GA PURPOSE: GENERAL SUPPORT | $12,577 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $123 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Educational Foundation Inc Chapel Hill, NC | $193,854,804 | $63,834,996 |
Nc Student Aid Association Inc Raleigh, NC | $102,296,557 | $23,877,668 |
Georgia Goal Scholarship Program Inc Peachtree Corners, GA | $58,000,031 | $45,569,079 |
Meeting Street Schools Charleston, SC | $31,326,851 | $31,027,510 |
Georgia State University Athletic Association Inc Atlanta, GA | $12,025,331 | $28,251,593 |
The North Carolina A&t Real Estate Foundation Inc Greensboro, NC | $169,150,909 | $33,021,773 |
Morehead Cain Foundation Chapel Hill, NC | $0 | $13,275,596 |
Education Foundation Scholarship Endowment Trust Chapel Hill, NC | $389,903,195 | $25,351,334 |
Hire Heroes Usa Alpharetta, GA | $7,840,449 | $13,205,192 |
Apogee Georgia School Choice Scholarship Fund Atlanta, GA | $21,549,156 | $14,581,744 |
Amity Medical Group Inc Charlotte, NC | $3,300,228 | $10,911,191 |
Inspire Brands Foundation Inc Atlanta, GA | $11,528,068 | $11,993,911 |