Executive Womens Golf Association Inc
- Assets
- $885.6k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Daytona Beach, FL
- Founding
- 05/1997
- Data as of
- 12/2022
- EIN
- 59-3348753
Organization Overview
Executive Womens Golf Association Inc, operating under the name Lpga Amateur Golf Association, is located in Daytona Beach, FL. The organization was established in 1997. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Lpga Amateur Golf Association 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 12/2022, Lpga Amateur Golf Association generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE OPPORTUNITIES FOR WOMEN TO LEARN, PLAY AND ENJOY THE GAME OF GOLF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELD QUALIFYING GOLF TOURNAMENTS FOR AMATEUR WOMEN, INCLUDING SEMI-FINAL AND NATIONAL COMPETITIONS. HELD VARIOUS PROGRAMS AND CLASSES TO TEACH WOMEN HOW TO PLAY AND ENJOY THE GAME OF GOLF.
PROVIDE PLATFORM FOR AMATEUR WOMEN GOLFERS TO LEARN, PLAY AND GROW THE GAME OF GOLF. PROVIDE GUIDANCE AND SUPPORT TO LOCAL CHAPTERS REGARDING MEMBERSHIP, ORGANIZATION AND EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mollie Marcoux Samaan Commissioner | OfficerTrustee | 1 | $0 |
Erin Hamrick Trustee (as Of 01/2022) | Trustee | 1 | $0 |
Hilary Tuohy Trustee | Trustee | 1 | $0 |
Susan Stinson Trustee | Trustee | 1 | $0 |
Nancy Henderson President | OfficerTrustee | 2 | $0 |
Kathryn Milthorpe Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kingsmill Resort Golf Event Operations | 12/30/21 | $144,790 |
Pinehurst Golf Event Operations | 12/30/21 | $125,108 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $891,830 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $942,230 |
| Total Program Service Revenue | $745,877 |
| Investment income | $0 |
| 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 | $1,694,282 |
| 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 | $507,344 |
| Pension plan accruals and contributions | $12,452 |
| Other employee benefits | $83,383 |
| Payroll taxes | $35,432 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $173,424 |
| Advertising and promotion | $17,469 |
| Office expenses | $26,296 |
| Information technology | $58,912 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $35,058 |
| 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 | $25,019 |
| Insurance | $18,308 |
| All other expenses | $0 |
| Total functional expenses | $1,711,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $531,443 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,905 |
| 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 | $216,816 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $133,434 |
| Other assets | $0 |
| Total assets | $885,598 |
| Accounts payable and accrued expenses | $215,943 |
| Grants payable | $0 |
| Deferred revenue | $484,854 |
| 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 | $936,396 |
| Total liabilities | $1,637,193 |
| Net assets without donor restrictions | -$751,595 |
| 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 | $885,598 |