Salute To Military Golf Association Inc
- Assets
- $513.3k
- Revenue
- $704.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Silver Spring, MD
- Founding
- 05/2007
- Data as of
- 12/2023
- EIN
- 65-1296873
Organization Overview
Salute To Military Golf Association Inc is located in Silver Spring, MD. The organization was established in 2007. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Salute To Military Golf Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salute To Military 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 12/2023, Salute To Military Golf Association Inc generated $704.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $670.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
REHABILITATIVE GOLF EXPERIENCES FOR COMBAT-WOUNDED VETERANS TO IMPROVE THE QUALITY OF LIFE FOR THESE AMERICAN HEROES. THE SMGA BELIEVES THAT THE REHABILITATIVE BENEFITS OF GOLF CAN IMPROVE THE MENTAL AND PHYSICAL CONDITION OF EACH AND EVERY WARRIOR RETURNING FROM COMBAT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPTERS:IN 2023, SMGA THROUGH ITS 8 CHAPTERS AND OUR AMERICAN GOLFER PROGRAM, PROVIDED REHABILITATIVE GOLF INSTRUCTIONS TO OVER 215 VETERANS AND SERVICE MEMBERS. 191 OF THOSE VETERANS COMPLETED THE GOLF LESSONS AND RECEIVED A NEW SET OF CUSTOM FITTED GOLF CLUBS TO MATCH THEIR INDIVIDUAL REQUIREMENTS. A NEW CHAPTER WAS FORMED IN ATLANTA, GEORGIA. THEY SPONSORED THEIR FIRST GOLF TOURNAMENT AND THEIR FIRST GOLF CLINIC SERIES, PROVIDING LESSONS AND CLUBS TO 6 VETERANS. THROUGH OUR OWN TOURNAMENTS AS WELL AS THE TOURNAMENTS RUN BY OUR SUPPORTERS, OUR VETERANS HAD MANY OPPORTUNITIES TO GET OUT ON THE GOLF COURSES. SEVERAL OF OUR LUCKY VETERANS GOT TO PARTICIPATE IN EVENTS LIKE MONDAY AFTER THE MASTERS, AT MYRTLE BEACH, AND SOME GOT TO PARTICIPATE IN PRO-AM EVENTS WITH PGA GOLFERS.
TOURNAMENTS:SMGA AND OUR SPONSORS WERE ABLE TO HOST 15 TOURNAMENTS THROUGHOUT THE YEAR. THESE TOURNAMENTS NOT ONLY PROVIDED SMGA WITH RESOURCES TO SUPPORT OUR VETERANS BUT ALSO PROVIDED OUR WOUNDED AND INJURED VETERANS WITH AN OPPORTUNITY TO PARTICIPATE IN THE TOURNAMENTS.ONCE AGAIN, THE ANNUAL SMGA TOURNAMENT AT MANOR COUNTRY REMAINED OUR LARGEST FUND RAISER, FOR 2023 THE TOURNAMENT AT MANOR COUNTY CLUB RAISED OVER $125,000 IN REVENUE, SURPASSING ALL PREVIOUS YEARS. IN ADDITION, OUR 3RD ANNUAL VET-AM TOURNAMENT AT ARGYLE COUNTRY CLUB CONTINUES TO GROW. FOR 2023 THE TOURNAMENT GROSSED $33,500.IN ADDITION, THE NEW ENGLAND/RHODE ISLAND CHAPTER OF SMGA HOSTED 7 TOURNAMENTS THROUGHOUT NEW ENGLAND TO INCLUDE TOURNAMENTS AT SPRINGFIELD CC, WALPOLE CC, BLACKSTONE NATIONAL AND FERNCROFT CC IN MASSACHUSETTS AND TOURNAMENTS AT PAWTUCKET CC AND CRANSTON CC IN RHODE ISLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Johnson Executive Directorboard Memb | OfficerTrustee | 40 | $76,999 |
Matt Anderson Board Member | Trustee | 3 | $0 |
Bob Winegard Board Member | Trustee | 3 | $0 |
Dewitt Osborne Board Member | Trustee | 3 | $0 |
Brian Finan Board Member | Trustee | 3 | $0 |
John Logan Board Member | Trustee | 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 | $226,657 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,657 |
| Total Program Service Revenue | $476,832 |
| Investment income | $758 |
| 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 | $704,247 |
| 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. | $76,999 |
| Compensation of current officers, directors, key employees. | $16,493 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,401 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,571 |
| Payroll taxes | $2,830 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,713 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,939 |
| Advertising and promotion | $0 |
| Office expenses | $28,545 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,574 |
| Travel | $19,154 |
| 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 | $4,021 |
| Insurance | $6,473 |
| All other expenses | $2,367 |
| Total functional expenses | $670,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $512,359 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $918 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $513,277 |
| Accounts payable and accrued expenses | $14,576 |
| 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 | $0 |
| Total liabilities | $14,576 |
| Net assets without donor restrictions | $498,701 |
| 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 | $513,277 |