South Central Section Of The Profes Sional Golf Association
- Assets
- $1.6m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 8
- Location
- Broken Arrow, OK
- Founding
- 06/1974
- Data as of
- 12/2023
- EIN
- 73-0954849
Organization Overview
South Central Section Of The Profes Sional Golf Association is located in Broken Arrow, OK. The organization was established in 1974. 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, South Central Section Of The Profes Sional Golf Association employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Central Section Of The Profes Sional 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 12/2023, South Central Section Of The Profes Sional Golf Association generated $1.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. 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
TO PROMOTE THE ENJOYMENT AND INVOLVEMENT IN THE GAME OF GOLF AND TO CONTRIBUTE TO THE GROWTH OF THE GOLF PROFESSIONAL AND THE GOLF INDUSTRY. THE SOUTH CENTRAL SECTION WILL ACCOMPLISH THIS MISSION BY ENHANCING THE SKILLS OF GOLF PROFESSIONALS AND THE OPPORTUNITIES FOR AMATEURS, MANUFACTURERS, AND GENERAL PUBLIC. AS A RESULT, THE SECTION WILL ELEVATE THE STANDARDS OF THE PROFESSIONAL GOLFERS' VOCATION, STIMULATE INTEREST IN THE GAME OF GOLF AND PROMOTE THE OVERALL VITALITY OF THE GAME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JR GOLF TOURNAMENT: IT IS AN OPPORTUNITY FOR YOUNG GOLFERS TO PARTICIPATE IN A COMPETITIVE ENVIRONMENT TO DEVELOP THEIR GOLF SKILLS AND GAIN EXPOSURE TO ALL ASPECTS OF THE GAME OF GOLF, AS WELL AS LEARN THE RULES OF THE GAME AND PACE OF PLAY.
PLAY GOLF AMERICA: THE SOUTH CENTRAL SECTION HAD DESIGNATED DAYS THROUGHOUT THE YEAR DESIGNED TO INTRODUCE GOLF PROFESSIONALS TO THE PUBLIC TO HAVE AN OPPORTUNITY TO LEARN ABOUT THE BUSINESS OF GOLF.
TOURNAMENTS: AS PART OF THE SOUTH CENTRAL SECTION MISSION TO PROMOTE THE GAME OF GOLF, WE PROVIDE PLAYING OPPORTUNITIES FOR GOLF PROFESSIONALS AND AMATEURS ALIKE. THESE PLAYING OPPORTUNITIES ENCOURAGE MORE PARTICIPATION IN THE GAME OF GOLF BY PROMOTING THE GAME THROUGH GRASS ROOTS EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Troy Hendricks Honorary President | OfficerTrustee | 2 | $0 |
Derrick Vest President | OfficerTrustee | 6 | $0 |
Jarod Lundy Vice President | OfficerTrustee | 6 | $0 |
Garrett Diel Secretary | OfficerTrustee | 3 | $0 |
Dawn Darter Arkansas Chapter Director | Trustee | 2 | $0 |
Brad Sexson Kansas Chapter Director | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,393,576 |
| Investment income | $7,666 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,699 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,407,941 |
| 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. | $149,678 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,299 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,498 |
| Payroll taxes | $19,785 |
| Fees for services: Management | $58,635 |
| 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 | $2,465 |
| Fees for services: Other | $32,663 |
| Advertising and promotion | $16,058 |
| Office expenses | $24,805 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,602 |
| Travel | $104,287 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,323 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,942 |
| Insurance | $18,264 |
| All other expenses | $35,489 |
| Total functional expenses | $1,300,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $477,164 |
| Savings and temporary cash investments | $7,599 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,428 |
| 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 | $5,993 |
| Net Land, buildings, and equipment | $673,052 |
| Investments—publicly traded securities | $294,761 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $131,219 |
| Total assets | $1,617,216 |
| Accounts payable and accrued expenses | $90,268 |
| Grants payable | $0 |
| Deferred revenue | $154,431 |
| 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 | $145,205 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $23,554 |
| Total liabilities | $413,458 |
| Net assets without donor restrictions | $1,203,758 |
| 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 | $1,617,216 |