Alabama Golf Association Inc
- Assets
- $1.8m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 11
- Location
- Hoover, AL
- Founding
- 08/1981
- Data as of
- 12/2022
- EIN
- 63-0809785
Organization Overview
Alabama Golf Association Inc is located in Hoover, AL. The organization was established in 1981. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Alabama Golf Association Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Golf 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, Alabama Golf Association Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
PROMOTING AMATEUR GOLF AS A SPORT THROUGH EDUCATION AND TOURNAMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF AMATEUR GOLF AS A SPORT BY SUPPORTING EDUCATION AND HOSTING NATIONAL, REGIONAL AND STATE GOLF TOURNAMENTS AND PROVIDING SERVICES TO THOSE EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven M Hudson President | OfficerTrustee | 2 | $0 |
Walker Grant Vice President | OfficerTrustee | 1 | $0 |
Joey Dzwonkowski Secretary | OfficerTrustee | 1 | $0 |
Derrel Curry Treasurer | OfficerTrustee | 6 | $0 |
Susan West Director | Trustee | 1 | $0 |
Chris Marr Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,872 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,872 |
| Total Program Service Revenue | $1,251,205 |
| Investment income | $26,659 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$46,486 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,405,250 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,817 |
| Grants and other assistance to domestic individuals. | $29,375 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $142,829 |
| Compensation of current officers, directors, key employees. | $14,283 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $343,832 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,768 |
| Payroll taxes | $38,641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,491 |
| Fees for services: Other | $1,823 |
| Advertising and promotion | $0 |
| Office expenses | $36,203 |
| Information technology | $22,193 |
| Royalties | $0 |
| Occupancy | $53,496 |
| Travel | $7,680 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,401 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,385 |
| Insurance | $39,168 |
| All other expenses | $0 |
| Total functional expenses | $1,352,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $130,030 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,545 |
| 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 | $10,407 |
| Net Land, buildings, and equipment | $18,019 |
| Investments—publicly traded securities | $1,622,398 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,538 |
| Total assets | $1,824,937 |
| Accounts payable and accrued expenses | $37,676 |
| Grants payable | $0 |
| Deferred revenue | $9,018 |
| 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 | $46,694 |
| Net assets without donor restrictions | $1,778,243 |
| 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 | $1,824,937 |